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SANDUSKY, Ohio (AP) _ Civista Bancshares Inc. (CIVB) on Thursday reported second-quarter profit of $7.7 million.
The bank, based in Sandusky, Ohio, said it had earnings of 53 cents per share.
The bank holding company posted revenue of $31.7 million in the period. Its revenue net of interest expense was $29.9 million, which fell short of Street forecasts.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CIVB at https://www.zacks.com/ap/CIVB
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https://www.myjournalcourier.com/business/article/Civista-Bancshares-Q2-Earnings-Snapshot-17334694.php
| 2022-07-28T13:18:41
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| 0.944087
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BUDAPEST, Hungary (AP) — Four-time Formula One champion Sebastian Vettel will retire at the end of the season to spend more time with his family, the German driver said Thursday.
Vettel won his four F1 titles from 2010-13 with the Red Bull team. His last race victory came with Ferrari in 2019.
This season with Aston Martin, he has been largely unsuccessful with a best finish of sixth place.
“The decision to retire has been a difficult one for me to take, and I have spent a lot of time thinking about it,” Vettel said. “At the end of the year I want to take some more time to reflect on what I will focus on next; it is very clear to me that, being a father, I want to spend more time with my family.”
Vettel won 53 races, the third-highest total in F1 behind Lewis Hamilton (103) and Michael Schumacher (91). He won an F1 record 13 races in 2013.
Vettel became the youngest world champion at 23 in 2010 and later became the third driver to win four consecutive championships after F1 greats Juan Miguel Fangio and Michael Schumacher. Mercedes driver Lewis Hamilton has since joined them.
“I love this sport. It has been central to my life since I can remember,” Vettel posted on his Instagram video. “But as much as there is life on track, there is my life off track, too. Being a racing driver has never been my sole identity.”
Vettel’s title bids with Ferrari were unsuccessful after promising starts were undone by driver errors under pressure. He led the standings at the midway point in 2017 and was in contention the following year, only to lose both championships to Hamilton. He crashed from pole position at the Singapore GP in 2017 and swerved off track into the barriers when comfortably leading the rain-soaked German GP the following year.
He was stunned when Ferrari did not renew his contract after he struggled to compete alongside newcomer Charles Leclerc in 2019, and again in 2020. He thought about retiring then, before joining Racing Point in 2021.
Along with Hamilton, Vettel has also been increasingly vocal about human rights conditions in countries where F1 races and environmental issues.
“I am tolerant and feel we all have the same rights to love, no what what we look like, where we come from and who we love,” he said. “I believe in change and progress and every little bit makes a difference.”
At the Austrian GP in Spielberg three weeks ago, he wore a T-shirt with “Save the Bees” written on it. At the Canadian GP in June he had the message, “Stop mining tar sands. Canada’s climate crime,” written on his race helmet.
“I feel we live in very decisive times and how we all shape these next years will determine our lives. My passion comes with certain aspects that I have learned to dislike,” Vettel said. “They might be solved in the future but the will to apply that change has to grow much, much stronger and has to be leading to action today. Talk is not enough and we cannot afford to wait. There is no alternative. The race is under way.”
Vettel’s team is sponsored by Saudi state oil firm Aramco.
Red Bull driver Sergio Perez said he understood Vettel’s decision.
“It’s extremely personal. It’s how you feel and what you want to do, and your family,” the 32-year-old Mexican driver said. “You put other priorities in place and you are not willing to pay the price of being an F1 driver. Because it has price.”
___
AP Sports Writer James Ellingworth in Düsseldorf, Germany, contributed to this report.
___
More AP auto racing: https://apnews.com/hub/auto-racing and https://twitter.com/AP_Sports
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https://www.news10.com/sports/4-time-f1-champion-vettel-to-retire-at-end-of-season/
| 2022-07-28T13:18:44
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| 0.979395
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ATHENS, Greece (AP) _ Diana Shipping inc. (DSX) on Thursday reported second-quarter net income of $35.6 million.
The Athens, Greece-based company said it had net income of 42 cents per share.
The shipping company posted revenue of $74.5 million in the period. Its adjusted revenue was $73.5 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DSX at https://www.zacks.com/ap/DSX
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https://www.myjournalcourier.com/business/article/Diana-Shipping-Q2-Earnings-Snapshot-17334707.php
| 2022-07-28T13:18:47
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| 0.930294
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ASHBURN, Va. (AP) — Washington Commanders Dan Snyder has begun testifying before a congressional committee investigating the NFL team’s history of workplace misconduct.
A spokesperson for the U.S. House Committee on Oversight and Reform confirmed Snyder began giving his deposition Thursday morning virtually and in private. The hearing is not public.
The spokesperson said in a statement on behalf of the committee: “Snyder has committed to providing full and complete testimony, and to answer the Committee’s questions about his knowledge of and contributions to the Commanders’ toxic work environment, as well as his efforts to interfere with the NFL’s internal investigation, without hiding behind non-disclosure or other confidentiality agreements.”
Snyder, who is in Israel, agreed to testify voluntarily after committee members worked out some issues with his legal team on the terms of his deposition. The committee had previously agreed to have Snyder testify under the terms of a subpoena it had initially issued.
The committee has the discretion to decide what, if any, information it releases from Snyder’s deposition. The hearing is not being recorded, though a transcript is expected.
Snyder is testifying a month after NFL Commissioner Roger Goodell appeared before the committee via Zoom to discuss Washington’s workplace culture and the league’s investigation into it. Snyder was invited to testify at the same hearing and, through a lawyer, declined.
The committee launched this investigation last year after the league fined Washington $10 million following its review of workplace misconduct but did not release a written report of attorney Beth Wilkinson’s findings.
Washington opened training camp on Wednesday in Ashburn, Virginia.
___
More AP NFL coverage: https://apnews.com/hub/nfl and https://twitter.com/AP_NFL
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https://www.news10.com/sports/commanders-owner-dan-snyder-to-testify-before-congress/
| 2022-07-28T13:18:50
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| 0.970642
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NORWALK, Conn. (AP) _ Emcor Group Inc. (EME) on Thursday reported second-quarter earnings of $100.7 million.
On a per-share basis, the Norwalk, Connecticut-based company said it had net income of $1.99.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.68 per share.
The construction and maintenance company posted revenue of $2.71 billion in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $2.62 billion.
Emcor Group expects full-year earnings to be $7.30 to $7.80 per share, with revenue expected to be $10.8 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EME at https://www.zacks.com/ap/EME
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https://www.myjournalcourier.com/business/article/Emcor-Group-Q2-Earnings-Snapshot-17334582.php
| 2022-07-28T13:18:53
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| 0.941284
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The Olympic soccer competition at the 2024 Paris Games will conclude with the women’s final — instead of the men’s — for the first time.
FIFA announced the Olympic soccer competition schedule on Wednesday. The governing body also said there will be no double-headers in France, making each match a standalone event.
The women’s final will take place on Aug. 10 at the Parc des Princes in Paris. The men’s gold-medal match will be played at the same stadium the day before.
The combined tournament will start on July 24 and go to seven cities in France: Paris, Bordeaux, Lyon, Marseille, Nantes, Nice and Saint-Etienne.
As host, France’s men’s team will play in the tournament opener in Marseille, while the women’s team will play on July 25 in Lyon, site of 2019 Women’s World Cup final.
“That this should take place in France is particularly exciting,” FIFA president Gianni Infantino said in a prepared statement. “A country with a distinguished history of developing and excelling in both men’s and women’s football, which has hosted some of the most iconic FIFA tournaments in history, including the last FIFA Women’s World Cup in 2019, and where FIFA has recently re-opened an office to better serve its 211 member associations.”
The U.S. women secured a spot in the Olympics by winning the CONCACAF W Championship, while Brazil and Colombia qualified at the Copa America.
On the men’s side, the U.S. team and the Dominican Republic earned spots at the CONCACAF U-20 Championship.
___
More AP soccer: https://apnews.com/hub/soccer and https://twitter.com/AP_Sports
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https://www.news10.com/sports/womens-final-will-cap-olympic-soccer-tournament-in-paris/
| 2022-07-28T13:18:56
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| 0.95017
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MOUNTLAKE TERRACE, Wash. (AP) _ FS Bancorp Inc. (FSBW) on Thursday reported second-quarter net income of $6.7 million.
The bank, based in Mountlake Terrace, Washington, said it had earnings of 83 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 80 cents per share.
The bank holding company posted revenue of $31.3 million in the period. Its revenue net of interest expense was $29.1 million, which also beat Street forecasts.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FSBW at https://www.zacks.com/ap/FSBW
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https://www.myjournalcourier.com/business/article/FS-Bancorp-Q2-Earnings-Snapshot-17334655.php
| 2022-07-28T13:19:00
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| 0.953142
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WASHINGTON (AP) _ FTI Consulting Inc. (FCN) on Thursday reported second-quarter earnings of $51.4 million.
On a per-share basis, the Washington-based company said it had net income of $1.43.
The business advisory firm posted revenue of $755 million in the period.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FCN at https://www.zacks.com/ap/FCN
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https://www.myjournalcourier.com/business/article/FTI-Consulting-Q2-Earnings-Snapshot-17334579.php
| 2022-07-28T13:19:06
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| 0.92374
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RALEIGH, N.C. (AP) _ First Citizens BancShares Inc. (FCNCA) on Thursday reported second-quarter profit of $255 million.
The bank, based in Raleigh, North Carolina, said it had earnings of $14.86 per share. Earnings, adjusted for non-recurring costs, were $16.86 per share.
The bank posted revenue of $1.18 billion in the period. Its revenue net of interest expense was $1.12 billion, which topped Street forecasts.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FCNCA at https://www.zacks.com/ap/FCNCA
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https://www.myjournalcourier.com/business/article/First-Citizens-Q2-Earnings-Snapshot-17334584.php
| 2022-07-28T13:19:12
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| 0.955089
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MATTOON, Ill. (AP) _ First Mid-Illinois Bancshares Inc. (FMBH) on Thursday reported second-quarter profit of $17.8 million.
The Mattoon, Illinois-based bank said it had earnings of 86 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, were 90 cents per share.
The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 91 cents per share.
The bank holding company posted revenue of $69.8 million in the period. Its revenue net of interest expense was $65.4 million, also falling short of Street forecasts. Three analysts surveyed by Zacks expected $65.6 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FMBH at https://www.zacks.com/ap/FMBH
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https://www.myjournalcourier.com/business/article/First-Mid-Illinois-Q2-Earnings-Snapshot-17334643.php
| 2022-07-28T13:19:18
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| 0.954621
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MONTERREY N.L., Mexico (AP) _ Fomento Economico Mexicano SAB (FMX) on Thursday reported second-quarter profit of $381.6 million.
On a per-share basis, the Monterrey N.l., Mexico-based company said it had net income of $1.10.
The Coca-Cola bottler posted revenue of $8.37 billion in the period.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FMX at https://www.zacks.com/ap/FMX
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https://www.myjournalcourier.com/business/article/Fomento-Economico-Q2-Earnings-Snapshot-17334720.php
| 2022-07-28T13:19:24
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| 0.886533
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EVERETT, Wash. (AP) _ Fortive Corp. (FTV) on Thursday reported second-quarter profit of $173 million.
On a per-share basis, the Everett, Washington-based company said it had net income of 48 cents. Earnings, adjusted for one-time gains and costs, were 78 cents per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 72 cents per share.
The industrial conglomerate posted revenue of $1.46 billion in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $1.41 billion.
For the current quarter ending in October, Fortive expects its per-share earnings to range from 74 cents to 77 cents.
The company said it expects revenue in the range of $1.43 billion to $1.46 billion for the fiscal third quarter.
Fortive expects full-year earnings in the range of $3.07 to $3.13 per share, with revenue ranging from $5.78 billion to $5.83 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FTV at https://www.zacks.com/ap/FTV
|
https://www.myjournalcourier.com/business/article/Fortive-Q2-Earnings-Snapshot-17334587.php
| 2022-07-28T13:19:31
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| 0.94856
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SAN MATEO, Calif. (AP) _ Franklin Resources Inc. (BEN) on Thursday reported fiscal third-quarter profit of $256.4 million.
On a per-share basis, the San Mateo, California-based company said it had net income of 50 cents. Earnings, adjusted for non-recurring costs, were 82 cents per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 73 cents per share.
The investment manager posted revenue of $2.03 billion in the period.
Franklin Resources shares have fallen 24% since the beginning of the year, while the S&P's 500 index has dropped 16%. The stock has dropped 14% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BEN at https://www.zacks.com/ap/BEN
|
https://www.myjournalcourier.com/business/article/Franklin-Resources-Fiscal-Q3-Earnings-Snapshot-17334696.php
| 2022-07-28T13:19:37
|
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| 0.939874
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NEW YORK (AP) _ Griffon Corp. (GFF) on Thursday reported fiscal third-quarter net income of $140.3 million.
The New York-based company said it had profit of $2.60 per share. Earnings, adjusted for one-time gains and costs, were $1.23 per share.
The garage door and building products maker posted revenue of $768.2 million in the period.
Griffon expects full-year revenue of $2.85 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GFF at https://www.zacks.com/ap/GFF
|
https://www.myjournalcourier.com/business/article/Griffon-Fiscal-Q3-Earnings-Snapshot-17334704.php
| 2022-07-28T13:19:43
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| 0.945276
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MUSCATINE, Iowa (AP) _ HNI Corp. (HNI) on Thursday reported second-quarter earnings of $30.3 million.
The Muscatine, Iowa-based company said it had profit of 72 cents per share. Earnings, adjusted for one-time gains and costs, came to 52 cents per share.
The maker of office furniture and fireplaces posted revenue of $621.7 million in the period.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HNI at https://www.zacks.com/ap/HNI
|
https://www.myjournalcourier.com/business/article/HNI-Q2-Earnings-Snapshot-17334611.php
| 2022-07-28T13:19:49
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| 0.931038
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PLANO, Texas (AP) _ Integer Holdings Corp. (ITGR) on Thursday reported second-quarter profit of $20.8 million.
The Plano, Texas-based company said it had net income of 62 cents per share. Earnings, adjusted for non-recurring costs, came to $1.04 per share.
The medical device outsource manufacturer posted revenue of $350.1 million in the period.
Integer expects full-year earnings in the range of $4.20 to $4.50 per share, with revenue in the range of $1.37 billion to $1.4 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ITGR at https://www.zacks.com/ap/ITGR
|
https://www.myjournalcourier.com/business/article/Integer-Q2-Earnings-Snapshot-17334661.php
| 2022-07-28T13:19:56
|
en
| 0.924782
|
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JetBlue Airways has agreed to buy Spirit Airlines for $3.8 billion and create the nation’s fifth-largest airline if the deal can win approval from antitrust regulators.
The agreement Thursday capped a months-long bidding war and arrives one day after Spirit’s attempt to merge with fellow budget carrier Frontier Airlines fell apart.
Spirit CEO Ted Christie was thrust into the awkward position of defending a sale to JetBlue after arguing vehemently against the deal, saying that antitrust regulators would never let it happen.
“A lots been said over the last few months obviously, always with our stakeholders in mind,” Christie said on CNBC. “We have been listening to the folks at JetBlue, and they have a lot of good thoughts on their plans for that.”
JetBlue CEO Robin Hayes has argued all along that a larger JetBlue would create more competition for the four airlines that control about 80% of the U.S. market — American, United, Delta and Southwest.
Shares of Spirit, based in Miramar, Florida, rose 4% in trading before Thursday's opening bell, to $25.28, still below the price that JetBlue is offering. JetBlue shares gained about 1%.
JetBlue and Spirit will continue to operate independently until the agreement is approved by regulators and Spirit shareholders, with their separate loyalty programs and customer accounts.
The companies said they expect to conclude the regulatory process and close the transaction no later than the first half of 2024. If that happens, the combined airline would be based in JetBlue's hometown of New York and led by Hayes. It would have a fleet of 458 planes.
JetBlue said Thursday that it would pay $33.50 per share in cash for Spirit, including a prepayment of $2.50 per share in cash payable once Spirit stockholders approve the transaction. There is also a ticking fee of 10 cents per share each month starting in January 2023 through closing to compensate Spirit shareholders for any delay in winning regulatory approval.
If the deal doesn’t close due to antitrust reasons, JetBlue will pay Spirit a reverse break-up fee of $70 million and pay Spirit shareholders $400 million, minus any amounts paid to the shareholders prior to termination.
Spirit and Frontier announced their plan to merge in February, and Spirit's board stood by that deal even after JetBlue made a higher-priced offer in April. However, Spirit's board could never convince the airline's shareholders to go along. A vote on the merger was postponed four times, then cut short Wednesday when Spirit and Frontier announced they were terminating their agreement, which made a Spirit-JetBlue coupling inevitable.
JetBlue anticipates $600 million to $700 million in annual savings once the transaction is complete. Annual revenue for the combined company is anticipated to be about $11.9 billion, based on 2019 revenues.
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https://www.myjournalcourier.com/business/article/JetBlue-buys-Spirit-for-3-8-billion-17334485.php
| 2022-07-28T13:20:02
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| 0.96642
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Citroen has just finished scripting the second chapter of its India innings. One in which it will launch a string of vehicles that are India-focused but are also globally relevant. The new C3 will be one of many new vehicles that will be born out of its C-cubed platform. And the French brand hopes that this SUVish-hatch will be a disruptor in a market that is already saturated with sub-compact SUVs. One of the aspects about the C3 that Citroen expects will work in its favour is the honest, yet unique design language.
And the man behind the modern fascia of the C3 is Pierre Leclercq, Head of Design, Citroen. He has designed cars for Ford, MINI, Kia, Great Wall and even BMW M. Speaking to the BusinessLine, Pierre says that designing the C3 had its own set of challenges.
Excerpts from the interview:
How did you approach the design for C3? What were your objectives when you started out sketching the C3?
Every time we come to India, we learn a lot by talking to all our stakeholders. The Indian market is so different from the rest of the automobile markets, and so learning new things is very important. I was lucky enough to come a couple of years ago and talk to some customers at the beginning of the C3 project. And we were discussing their cars, many of them from competing brands. The idea was to get a window into their lives, and try to understand their lifestyle— why were they proud of their cars and how they accessorised and made them their own. The insights and learnings from these visits were eye-openers for us.
The other aspect that is unique for India is, of course, the proportions that we need to work with for the car; I mean the sub-four-metre regulation. It is a challenge for us when we want to offer more interior space in the car based on strong customer feedback. When we built the architecture of the car, we wanted to ensure a lot of interior space. Of course, it should look exciting, while being under four metres in length. So, with proportions that needed to fit this metric it became quite natural to bring it into the territory of a SUVish-hatch. This also fits into my strong belief in ‘One DNA for the world’. So, when you get into the product plan, whether it is a car for India, Latin America or France, the vehicles must reflect the same form language of simplicity.
Do you see a universality in design that works across markets despite inherent differences in tastes and preferences?
Yes. There are some expectations that are universal and one of the identities of a Citroen is comfort. That is the first thing we always try to bring to our customers. Of course, a lot of that depends on engineering. But it is also how we use interiors, functionality, intuitivity etc., to play a role in the comfort factor. The One DNA design language will also make sure that C-cubed platform vehicles bear the same language across markets. We at Citroen always try to push as far as we can to ensure the DNA is captured in all our vehicles. The sub-four-metre size limitation was restrictive, even though it is something that European brands and their urban small car design experience makes them capable of handling. It was also a unique challenge to handle the verticality of the design because of the need to give it a SUVish-hatch positioning.
This platform is also going to spawn a battery-electric vehicle (BEV) and there are going to be more top hats. How are you going to build a hierarchy for this model line?
Yes, there is going to be a BEV and other top hats with different dimensions. Without revealing details of future cars, I can say that we will have a family of vehicles that is completely coherent with one DNA. They will be clever with common parts, shared components etc., but will be completely different in dimensions, in character and in silhouette. So, they will reach completely different customers.
While on the subject of model-hierarchy, I must also mention that there are daring features, and in the case of the C3 daring colours, and that is very Citroen. This brand is willing to take risks– for example, the little electric Ami that is sold in Europe. When the Ami came out in 2020 it was heavily criticised, but when you understand the brief of this car, its disruptive nature becomes evident. The orange roof and the matching orange interiors in the C3 reflect this Citroen sense of daring and it is working.
As a designer, what are your views on this constant tussle between engineering and design, especially given today’s focus on safety?
I much prefer working on a production car than on a concept car exactly for those reasons. For me, the real challenge is to put a car on the road with all regulations and our internal standards, which often are more stringent than what the law stipulates. If after all that, the car looks great and is a success in the market, that for me is an achievement. Pedestrian safety was not an issue ten years ago, but today we must work that into the design. Today we are trying to understand how one geometry doesn’t work the same way as another one. We take the product and adapt it to achieve goals for aerodynamics, safety etc.
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https://www.thehindubusinessline.com/companies/c3fits-into-citroensmottoand-my-own-belief-in-one-dna-for-the-world/article65693887.ece
| 2022-07-28T13:20:07
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| 0.973822
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FAIRFIELD, N.J. (AP) _ Kearny Financial Corp. (KRNY) on Thursday reported fiscal fourth-quarter profit of $11.4 million.
On a per-share basis, the Fairfield, New Jersey-based company said it had net income of 17 cents. Earnings, adjusted for non-recurring costs, were 18 cents per share.
The bank holding company posted revenue of $61.4 million in the period. Its adjusted revenue was $53.4 million.
For the year, the company reported profit of $67.5 million, or 95 cents per share. Revenue was reported as $210.5 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KRNY at https://www.zacks.com/ap/KRNY
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https://www.myjournalcourier.com/business/article/Kearny-Fiscal-Q4-Earnings-Snapshot-17334723.php
| 2022-07-28T13:20:08
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| 0.953349
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The geopolitical tension in Europe and escalating lockdowns in China over rising Covid-19 cases notwithstanding, Tata Motors believes that demand for its luxury British brands — Jaguar and Land Rover — won’t be affected in the near term even as its own struggle to bring supplies on par with demand continues.
In retaliation to sanctions imposed by the West, Moscow has halted or reduced deliveries of gas to more than a dozen European Union countries, including Germany, Italy, Poland, Netherlands and Austria. Germany, Europe’s largest economy, could lose 1.5 per cent of its GDP in 2022 and 2.7 per cent in 2023 with the halting of Russian gas supplies, the International Monetary Fund (IMF) warned last week. GDP of some Central and Eastern European countries could shrink by as much as 6 per cent, the IMF elaborated.
While such disruptions could ideally likely lead to lower demand for luxury cars, Jaguar Land Rover believes that, given its strong order book and upcoming launches, demand won’t be an issue. The two brands claim to be sitting on an order bank of around 200,000 units.
‘Not worried’
“Demand is not something we are worried about,” PB Balaji, Chief Financial Officer, Tata Motors, told BusinessLine, adding that the premium luxury market should be seen distinct from the larger economy. “JLR being a premium luxury player, sitting with a very strong order book and a pipeline of excellent launches — at this point, we do not see any stress in demand from any part of the world,” he added.
Europe accounts for 30 per cent of JLR’s global wholesales, making it the biggest market. The UK, which has significant trade ties with the EU, generates 23 per cent of JLR’s sales. “The underlying demand has weakened in recent months as the economic outlook (of western Europe) has deteriorated,” said LMC Automotive in their July report.
China, US concerns
JLR’s other significant global market is China which generates one-fourth of its retail volumes. Lockdowns in several cities since March are the key reasons the IMF sees “downside risks” to its April forecast of 4.4 per cent GDP growth for China this year. While Tata Motors agreed that footfalls in JLR showrooms did take a hit because of the lockdowns, the sales outlook for China is upbeat given the expected improvement in supply chain. China and the US are huge markets for the Range Rover and the Range Rover Sport; the supplies of which were severely constrained.
“We have been the weakest in regions (US and China) ... because of our inability to ramp those products up at the speed we would have wished,” Adrian Mardell, CFO, JLR said. The June quarter mix was weak for JLR with the Range Rover contributing just about 8 per cent of 70,000 units. However, between the Range Rover and Range Rover Sport, JLR’s order bank stands at 40 per cent.
“We are starting to break through the production issues and we can now see the light at the end of a very long tunnel. A lot of that is not reflected in Q1 (numbers) and that is why we are disappointed and frustrated,” Mardell added.
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| 2022-07-28T13:20:14
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OAK RIDGE, N.J. (AP) _ Lakeland Bancorp Inc. (LBAI) on Thursday reported second-quarter net income of $29.1 million.
The Oak Ridge, New Jersey-based bank said it had earnings of 44 cents per share.
The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 44 cents per share.
The bank holding company posted revenue of $94 million in the period. Its revenue net of interest expense was $87.4 million, surpassing Street forecasts.
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| 2022-07-28T13:20:14
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RICHARDSON, Texas (AP) _ Lennox International Inc. (LII) on Thursday reported second-quarter profit of $177.2 million.
On a per-share basis, the Richardson, Texas-based company said it had net income of $4.96. Earnings, adjusted for one-time gains and costs, were $5 per share.
The results topped Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $4.79 per share.
The manufacturer of furnaces, air conditioners and other products posted revenue of $1.37 billion in the period, also beating Street forecasts. Twelve analysts surveyed by Zacks expected $1.36 billion.
Lennox expects full-year earnings in the range of $13.80 to $14.50 per share.
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| 2022-07-28T13:20:19
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In the first PSU steel-maker, SAIL has placed orders for 80,000 tonnes of washed Russian coking coal. The shipment expected to arrive within the next few weeks, will land at “one of the eastern ports” of the country, sources in the Steel Ministry, told BusinessLine.
Those aware of the matter say, payments will be made only after the shipment lands on Indian shores. The settlement mechanism is yet to be decided.
Discussions are underway for a second shipment too.
“Banks have been pushing for Dirham or Yuan settlement. While the push from SAIL’s side is for a Rupee – Rouble settlement mechanism, banks have so far not been very keen on it, citing various reasons like link issues and a cumbersome processing,” said an official.
Every time SAIL has to send a shipper from India. It needs a clearance from the Ministry of Shipping too. Sources say, the steel-maker has also reached out for “a blanket clearance” to ensure easy shipments of Russian coal.
Price and Quality
In fact, SAIL will reportedly be the same price as an Australian coking coal – around $200 -225 per tonne. The price will also include some additional freight and insurance charges which vessels are asking for bringing in shipments from Russia.
In order to take care of concerns over high ash content in Russian coking coal, SAIL has reportedly asked for “washed coking coal”, so that it suits the company’s specifications.
Concerns over sanctions
“There are some concerns over sanctions on some of the entities which could delay the shipment. So, the call is to make payment only when the shipment arrives at the port. By that time, the settlement mechanism with the bank(s) will be worked out too,” a person aware of the development said.
Sources say, the PSU steel-maker had been in discussions with Russian suppliers since February and things got delayed as sanctions were imposed on Russia by the Western nations including European Union.
Settlement mechanisms which included getting Letters of Credit from banks had also cropped up as an issue as some Indian ones refused payments beyond Dollars and Euro; while some were hesitant in going ahead with dealings with Russian entities.
Another hurdle that SAIL faced came in terms of getting vessels carrying Russian coal. Many operators raised concerns over insurance claims which delayed the process.
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| 2022-07-28T13:20:20
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| 2022-07-28T13:20:23
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CLEVELAND (AP) _ Lincoln Electric Holdings Inc. (LECO) on Thursday reported second-quarter net income of $127.8 million.
On a per-share basis, the Cleveland-based company said it had profit of $2.18.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.99 per share.
The manufacturer of specialized welding products and other equipment posted revenue of $969.6 million in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $933.2 million.
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| 2022-07-28T13:20:25
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Mumbai, July 28
Tata Steel expects ₹8,000-crore revenue from its new materials business (NMB) which includes graphene, fibre reinforced polymers and medical materials such as hydroxyapatite and collagen.
The company has been developing the intellectual property-driven business to overcome cyclical nature of steel business.
Tata Steel had set up the NMB division four years ago to explore opportunities other than steel. The composites business of NMB focuses on three segments – industrial, infrastructure and railways. The product offerings in industrial segment include pressure vessels, tanks and customised chemical handling equipment. The infrastructure segment has products like pipes, poles, smart architecture and pultruded products. The offerings in the railways segment are panels, windows and troughs.
TV Narendran, Managing Director, Tata Steel, told BusinessLine that even while growing the capital intensive steel business, the company is developing knowledge-driven business by leveraging its understanding of materials such as ceramics which does not need much capital but involves lot of IP.
Revenue from new materials will double to about ₹600 crore this year as demand grows mainly for graphene, fibre reinforced polymers and medical materials.
Going ahead, each of these products will have a turnover of ₹4,000 crore. In five years, the new material business will be worth $1 billion (₹8,000 crore).
Innovative products
Earlier, N Chandrasekaran, Chairman, Tata Group, said the company aims to accelerate innovation in new materials business with technology collaborations and wants to grow adjacent revenue streams by commercialising the in-house intellectual property through innovative products in new markets.
“The company is exploring composites, graphene and advanced ceramics as areas of growth,” he said in the company’s latest annual report
Tata Steel has already started working on building a world-class facility to produce medical materials with a focus on healthcare.
The composites business developed new products such as fibre reinforced polymer (FRP) sleepers, illumination poles and silicon carbide lined FRP pipes for Flue Gas Desulphurisation application.
One of the key initiatives of the business is to provide FRP solutions to many applications. The life cycle cost of FRP is lower because its higher corrosion resistant.
Last year, the business introduced Wondra, a graphene enriched PVC and HDPE pipes. The industrial products of elastomers and polymers, enriched with graphene, are under market validation. Graphene technology in the areas of energy, lifestyle and well-being are under evaluation, said the company in the annual report.
The medical materials and devices division has piloted sprayable grade of Hydroxyapatite recently. Fish-scale derived collagen and gelatin were also manufactured and are currently being tested at accredited third-party facilities for analytical and biocompatible parameters. Last year, it consolidated its position in the import-dominated advanced ceramics material market with a dedicated bio-ceramic production facility.
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| 2022-07-28T13:20:26
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| 2022-07-28T13:20:31
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LOWELL, Mass. (AP) _ M/A-Com Technology Solutions Holdings Inc. (MTSI) on Thursday reported fiscal third-quarter earnings of $32.2 million.
The Lowell, Massachusetts-based company said it had profit of 45 cents per share. Earnings, adjusted for stock option expense and amortization costs, came to 73 cents per share.
The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 70 cents per share.
The chipmaker posted revenue of $172.3 million in the period, also surpassing Street forecasts. Seven analysts surveyed by Zacks expected $170.2 million.
For the current quarter ending in September, M/A-Com expects its per-share earnings to range from 74 cents to 78 cents.
The company said it expects revenue in the range of $175 million to $180 million for the fiscal fourth quarter.
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| 2022-07-28T13:20:31
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Cochin Shipyard Ltd on Thursday delivered the first indigenously built Aircraft Carrier (IAC-1) to the Indian Navy.
The acceptance form was signed between Madhu S. Nair, Chairman and Managing Director, CSL and the Commanding Officer (Designate) of the vessel Commodore Vidhyadhar Harke, VSM.
The vessel is scheduled to be commissioned and inducted into the services in August.
The ship was launched on August 12, 2013, and with this, India joined the elite club of nations capable of indigenously designing and constructing an aircraft carrier. Considering its complexity and developmental nature, the project was executed under three different phases and the last phase of contract was signed in Oct 2019.
Specifications
IAC is the largest warship ever to be built in India having a deep displacement of 45,000 tonne. It is unprecedented in size and complexity compared to any ship (both commercial and defence) built in India till date. The 21,500 tonne mammoth vessel is made with special grade steel used for the first time by the Indian Navy. The enormity of the vessel can be gauged from the 2,300 km of cabling, 120 km of piping and over 2,300 compartments available onboard.
The basic design developed indigenously by the Navy’s Directorate of Naval Design and the entire detailed engineering, construction and system integration was undertaken by the Cochin Shipyard Limited.
The construction of the IAC had created a vast network of national vendors and subcontractors and ancillary industries, including MSMEs covering the entire product life cycle management, including logistics and spares. Construction of the IAC has contributed to the Indian economy as it generated a demand in the upstream industries such as steel, electro mechanical machinery equipment and the downstream sectors like infrastructure and services, a statement said.
Building the IAC has also acted as a catalyst for high-end capability development in the country. The Naval design team has acquired significant insight into the basic and functional design aspects of an aircraft carrier. Thus the IAC project emerges as a true reflection of the Make in India and Atma Nirbhar Bharat initiatives of the Government.
Cochin Shipyard Ltd has a long association with the Indian Navy in the ship repair front. Currently, the yard is constructing eight Anti-Submarine Warfare Shallow Water Crafts (ASWSWCs), and won an order for the construction of six Next Generation Missile Vessels (NGMV) for the Indian Navy. The shipyard is also augmenting their infrastructure, including a new dry dock to cater to the construction of even larger ships, including a next generation Aircraft Carrier.
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| 2022-07-28T13:20:32
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| 2022-07-28T13:20:37
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TULSA, Okla. (AP) _ Magellan Midstream Partners L.P. (MMP) on Thursday reported second-quarter profit of $353.9 million.
The Tulsa, Oklahoma-based company said it had net income of $1.67 per share. Earnings, adjusted to account for discontinued operations, were $1.13 per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.01 per share.
The petroleum and oil storage and transportation company posted revenue of $788.6 million in the period.
Magellan Midstream expects full-year earnings to be $5.05 per share.
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| 2022-07-28T13:20:38
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Even as the Railway Ministry has said restoring concession to passengers including senior citizens is not desirable given its financial health, it continues to allow complimentary travel to spouses and companions of Railway officials in luxury trains.
“As per Railway Servants (Pass) Rules, 1986, Railway officials are allowed to travel over Indian Railways on official duty along with family. On the similar lines, these officials are allowed to travel in these tourist trains on official duty with family member,” Railway Minister Ashwini Vaishnaw informed Lok Sabha on July 27.
The luxury trains including Palace on Wheels, Royal Rajasthan on Wheels (which was discontinued in 2014), Deccan Odyssey, Maharaja’s Express and Golden Chariot are operated by State Tourism Development Corporations and Indian Railway Catering and Tourism Corporation.
Complimentary travel
Responding to an unstarred question by Lok Sabha MP AKP Chinraj on complimentary travel in luxury trains, Vaishnaw said two berths per trip in these trains may be utilised for complimentary travel by the authorised officials of Indian Railways for the purpose of inspection and feedback from the tourists.
In all, 93 inspection reports have been submitted for these luxury trains since 2014.
“Similarly, a complimentary travel quota of two berths per trip, subject to availability of seats after giving preference to paid passengers on commercial trips, is permitted to the respective State Tourism Development Corporations and IRCTC,” he said.
Further, 24 berths per season for international press media groups are decided in mutual consultation between IR and the respective State Tourism Development Corporations.
“Complimentary travel is permissible subject to availability of seats after giving preference to paid passengers on commercial trips,” he noted.
According to its website, the tariff for Palace on Wheels for Indian Nationals can range from ₹69,350 Per Person Per Night ₹1,13,880 Per Cabin Per Night depending on the occupancy type in the peak season between September 2022 and April 2023.
Similarly, the tariff for Deccan Odyssey for 2023-24 starts at ₹5.12 lakh for single occupancy in a deluxe cabin and can be as high as ₹11.09 lakh for single occupancy in a presidential cabin. The tariff is per cabin per journey of seven nights and eight days.
In response to another question, the Minister had said that the government gave subsidy of ₹59,837 crore on passenger tickets in 2019-20.
“This amounts to concession of 53 per cent on an average, to every person, travelling on Railways,” had said in reply to an unstarred question by Lok Sabha Members Deepak (Dev) Adhikari and LS Tejasvi Surya.
“This subsidy is continuing for all passengers,” Vaishnaw said, adding that further concessions beyond this subsidy amount are continuing for many categories including Divyangjans, students and patients
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| 2022-07-28T13:20:38
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| 2022-07-28T13:20:41
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Transport infrastructure consultancy and engineering firm RITES reported a 85.8 per cent jump in consolidated net profit to ₹144.7 crore in the first quarter of the fiscal. Its consolidated net profit was ₹77.86 crore in the same period last fiscal.
For the quarter ended June 30, 2022, its total income grew 68.8 per cent to ₹636.71 crore from ₹377.26 crore in the same period last fiscal.
“The increase in the total revenue was supported by continued momentum across all sectors and disciplined execution,” RITES said in a statement on Thursday, adding that the growth in revenue and profits is attributable to all segments.
It also reported the highest-ever operating revenue at Rs 627 crore in the first quarter of the fiscal among all first quarters. It also registered the highest-ever core EBITDA in the first quarter among all first quarters. EBITDA grew 84.5 per cent in the April to June 2022 quarter at ₹179 crore against ₹97 crore a year ago.
On a standalone basis, its net profit grew 83.4 per cent year on year to ₹129.26 crore for the quarter ended June 30, 2022.
“With about 90 new and extension of the orders worth more than ₹ 700 crore, the company has been able to maintain a healthy order book of ₹ 5,206 crore as on 30th June 2022,” RITES further said.
Rahul Mithal, Chairman and Managing Director, RITES Ltd, said, “Our performance in the first quarter shows that RITES continues to be on the path of a V-shaped recovery in sync with the rebound of the economy. We will continue to strive to not only maintain this trajectory but build on it in the coming months.”
The board of directors has declared an interim dividend of ₹4 per share amounting ₹ 96 crore for 2022-23 which is 40 per cent of the paid-up capital. The record date for the purpose of payment of dividend is August 5, 2022.
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| 2022-07-28T13:20:44
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PURCHASE, N.Y. (AP) _ MasterCard Inc. (MA) on Thursday reported second-quarter earnings of $2.28 billion.
On a per-share basis, the Purchase, New York-based company said it had profit of $2.34. Earnings, adjusted for non-recurring costs, came to $2.56 per share.
The results surpassed Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $2.36 per share.
The processor of debit and credit card payments posted revenue of $5.5 billion in the period, also exceeding Street forecasts. Thirteen analysts surveyed by Zacks expected $5.27 billion.
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| 2022-07-28T13:20:44
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LOS ANGELES (AP) — The chronic shortage of homes for sale that's made fierce bidding wars common and sent prices to record highs has long frustrated homebuyers.
After a streak of annual declines going back three years, home listings finally rose on an annual basis in May and June.
But would-be buyers looking for more modestly priced homes will find scant relief in the listings surge. The increase in homes for sale nationally has been concentrated in the higher-price end of the spectrum, $250,000 or higher, while listings for properties priced below that threshold are becoming more scarce.
“In a market that has been so low on inventory, any increase in the availability of homes for sale is going to be welcome, but the biggest increase that we’ve seen so far is in the pricier side of the market,” said Danielle Hale, Realtor.com’s chief economist.
Listings for homes priced at $100,000 or less were down 21.4% in June from a year earlier, while those listed for between $100,000 and $250,000 were down 12.4%, according to Realtor.com.
In contrast, the number of homes listed for more than $250,000 increased 32.1% in June from a year earlier.
On a typical day in June, the number of active home listings totaled 619,305, a nearly 19% increase from the same month last year, according to Realtor.com.
The sorely needed increase in home listings follows a marked slowdown in the housing market.
Sales of previously occupied U.S. homes are slowing as the Federal Reserve hikes rates to combat surging inflation, lifting mortgage rates. In June sales fell to to a seasonally adjusted annual rate of 5.12 million, the slowest pace in two years according to the National Association of Realtors.
The average rate on a 30-year home loan climbed to 5.54% last week, almost double from a year ago, according to mortgage buyer Freddie Mac. Higher rates reduce buyers’ purchasing power at a time when the median U.S. home price hit a new high of $416,000 last month.
“The entry level side of the market continues to be challenging, and it’s particularly hard because those entry level buyers are often most likely to be taking on a mortgage and borrowing, so they’re also the ones that are facing higher mortgage rates,” Hale said.
Hale expects the for-sale home inventory will be up about 15% on average this year, which should help some would-be buyers. But it would take a significant housing market slowdown before the number of homes for sale at the most affordable range of the market increases, she said.
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https://www.myjournalcourier.com/business/article/More-homes-for-sale-but-low-priced-listings-17334622.php
| 2022-07-28T13:20:50
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FMCG sector’s value growth is outpacing volume growth on the back of inflationary-led price hikes. According to marketing data and analytics firm Kantar, which tracks household consumption, FMCG sector’s volume growth was pegged at 4 per cent and value growth at 8 per cent in the 12 month period ended May 2022 over the corresponding period in the previous year.
This is leading consumers to shift to unbranded products and to also rationalise spends on personal care and household care segments. Despite adoption of shrinkflation strategies by companies, the magic price of ₹5 and ₹10, especially in food categories, remains popular.
Varied consumer responses
At the same time, the premium segment across categories continues to see growth, albeit slower than last year, indicating different consumer cohorts are responding differently to inflationary pressures, as per insights released by Kantar.
In the 12 months period ended May 2021, FMCG sector’s volume growth was estimated at 7 per cent and value growth at 12 per cent over the corresponding period.
K Ramakrishnan, MD-South Asia, Worldpanel Division at Kantar told BusinessLine, “There is a significant stress in terms of volume consumption in the FMCG sector. Value growth is being led by price hikes. However, there are definitely signs of recovery in terms of easing of certain input costs such as edible oils. This could lead manufacturers to take actions that could make consumers a little more open to volume spends in the coming months.”
Rise of the unbranded
In response to price hikes, there has been a significant rise in households buying FMCG products under promotional schemes. They also seem to be adding unbranded products to their shopping baskets in categories such as edible oils, spices, toilet cleaners and floor cleaners.
At a time when most FMCG companies have reduced weight of packs to mitigate input cost pressures, the magic price points of ₹5 and ₹10 remain popular. Infact, consumers are buying more packs at these price points on more occasions to satiate grammage requirements and manage spends, Kantar noted. “There are also early signs of emergence of ₹20 as a magic price point for consumers in categories such as biscuits, toothpastes, hair oils and skin creams,” added Ramakrishnan.
Growth in premium segment
Despite inflationary pressures, the premium segment in categories such as food and beverages (13 per cent) , personal care (1.2 per cent) and home care (10 per cent ) witnessed volume growth (MAT April 2022). As per Kantar, growth rates at the premium end have slowed down, but strategies such as offering specialised products and small packs to recruit new consumers are helping premium brands clock growth.
“There is a kind of bipolarity in behaviour visible from the consumer lens. At the upper end, there are consumer cohorts who continue to spend on discretionary categories especially since they couldn’t do that in the past two years due to the pandemic. These consumers are also not compromising on purchasing premium brands. At the lower end, while consumers are showing tendencies of stress, they are also increasing spending on certain categories such as grooming,” Ramakrishnan explained.
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| 2022-07-28T13:20:50
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DALLAS (AP) _ NexPoint Real Estate Finance, Inc. (NREF) on Thursday reported second-quarter earnings of $4.1 million.
On a per-share basis, the Dallas-based company said it had profit of 34 cents. Earnings, adjusted for non-recurring costs, were 56 cents per share.
The company posted revenue of $17.6 million in the period. Its adjusted revenue was $8.5 million.
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| 2022-07-28T13:20:56
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| 0.944585
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As Instagram is on the way to revamp its platform, it brings all-Reels experience for its user base. Instagram introduced short-video interface or Reels in 2020. Since the launch of Reel, content creators have been able to more audience target than earlier.
In recent times, as Meta follows TikTok’s growth in short-form video, Instagram head Adam Mosseri said that Instagram’s priority is no longer photos. If you have a public account and upload a video, less than 90 minutes, it will be posted as a Reel. There is ‘Reel Insights’ which can be used to track audience engagement, and help content creators to plan their Instagram feed accordingly.
View Instagram Reel performance via Insight tool:
- Open Instagram app
- Tap on Reels tab
- View the Reel you want to check the engagement for
- At the bottom of the Reel, ‘View Insights’. Here you can view comments, likes, views, saves, and accounts reached for the particular Reel
Published on
July 28, 2022
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https://www.thehindubusinessline.com/info-tech/how-to/instagram-how-to-check-reel-performance/article65693664.ece
| 2022-07-28T13:20:57
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en
| 0.907161
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SAN FRANCISCO (AP) _ Pacific Gas & Electric Co. (PCG) on Thursday reported profit of $360 million in its second quarter.
On a per-share basis, the San Francisco-based company said it had profit of 17 cents. Earnings, adjusted for non-recurring costs, came to 25 cents per share.
The utility holding company posted revenue of $5.12 billion in the period.
PG&E expects full-year earnings in the range of $1.07 to $1.13 per share.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PCG at https://www.zacks.com/ap/PCG
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https://www.myjournalcourier.com/business/article/PG-E-Q2-Earnings-Snapshot-17334639.php
| 2022-07-28T13:21:02
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en
| 0.934341
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During FY22, about 2.11 crore domestic consumers of liquefied petroleum gas (LPG) did not take any refill. This accounts for around 7 per cent of the total 30.53 crore consumers (as on April 1, 2022), Parliament was informed on Thursday.
The total domestic LPG consumers across the country stood at 30.95 crore as of July 1, this year.
“During FY22, 2.11 crore domestic customers did not take any refill. Consumption of domestic LPG by households depends on factors such as food habits, household size, cooking habits, price, easy availability of free firewood and cow dung, etc,” Minister of State for Petroleum & Natural Gas Rameswar Teli said in a written response to a query in Lok Sabha.
Pricing
Domestic LPG prices are based on Saudi Contract Price (CP), the benchmark for international prices of LPG, and the government continues to modulate the effective price to consumer for domestic LPG. However, Piped Natural Gas (PNG) prices are fixed by the City Gas Distribution (CGD) entities, he added.
Consumption
In a separate question in Lok Sabha, the Minister informed that the cumulative domestic LPG consumption stood at 140.93 crore in FY22. Similarly, during FY21, FY20 and FY19, the total refills stood at 156.76 crore, 143.92 crore and 132.63 crore, respectively.
The per capita consumption of PMUY beneficiaries also increased from 3.01 in FY20 to 3.66 in FY22, he said.
The Pradhan Mantri Ujjwala Yojana (PMUY) was launched in 2016 to provide deposit free LPG connections to women members of poor households and the target to provide 8 crore LPG connections under the Scheme was achieved in 2019.
PMUY Phase II
Further, under Phase-II of PMUY (Ujjwala 2.0), in addition to deposit free LPG connections, all PMUY beneficiaries are provided free first refill and stove as well.
As on July 1, 2022, the oil marketing companies (OMCs) have released 1.35 crore LPG connections under Ujjwala 2.0. Besides, the government has announced a targeted subsidy of ₹200 per 14.2 kg cylinder for Pradhan Mantri Ujjwala Yojana (PMUY) beneficiaries for up to 12 refills a year for the year 2022-23.
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https://www.thehindubusinessline.com/markets/commodities/about-7-of-domestic-lpg-consumers-did-not-take-refill-in-fy22/article65694089.ece
| 2022-07-28T13:21:03
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en
| 0.943887
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It won't exactly be a daily double, but "Jeopardy!" has decided that two hosts are better than one.
Producers for the beloved game show have decided to keep former "Big Bang Theory" star Mayim Bialik and champ Ken Jennings in place as "Jeopardy" hosts for the foreseeable future, with the pair splitting duties.
Bialik and Jennings began co-hosting in 2021, following the 2020 death of longtime host Alex Trebek and subsequent extensive -- and fraught -- search for a new host.
"I write today with the exciting news that we have closed and signed deals with Mayim Bialik and Ken Jennings to be the hosts of Jeopardy! moving forward," executive producer Michael Davies announced in a statement Wednesday on the show's website. "In Mayim and Ken, we have two outstanding hosts at the beginning of their Jeopardy! hosting careers who connect with their own unique fanbases, new fans, and the traditional Jeopardy! viewer."
Jennings will host as the new season begins in September, as well as act as host for the Second Chance competition and Tournament of Champions, the announcement said.
Bialik, who also currently stars on FOX's "Call Me Kat," will host "Celebrity Jeopardy!" on ABC in primetime and will host the main show for a period of time beginning in January.
"The current plan is to have her host a couple of new tournaments as well as the Jeopardy! National College Championship and as many weeks as she can manage with her other primetime commitment to 'Call Me Kat,'" the announcement said. "We know you value consistency, so we will not flip flop the hosts constantly and will keep you informed about the hosting schedule."
Davies added: "Mayim and Ken are both extraordinarily talented and simply lovely humans. They support the staff and each other. They love and respect this institution of a television program. In return, the staff and I are honored to work alongside them."
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™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
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https://www.abc12.com/mayim-bialik-and-ken-jennings-named-permanent-co-hosts-of-jeopardy/article_79523879-e27b-5129-97ab-16c6f71e8fa5.html
| 2022-07-28T13:21:09
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en
| 0.975653
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ELKHART, Ind. (AP) _ Patrick Industries Inc. (PATK) on Thursday reported second-quarter net income of $116.5 million.
On a per-share basis, the Elkhart, Indiana-based company said it had net income of $4.79. Earnings, adjusted for non-recurring costs, came to $5.31 per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $3.42 per share.
The building products manufacturer posted revenue of $1.48 billion in the period.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PATK at https://www.zacks.com/ap/PATK
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https://www.myjournalcourier.com/business/article/Patrick-Industries-Q2-Earnings-Snapshot-17334691.php
| 2022-07-28T13:21:09
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en
| 0.92598
|
The rupee appreciated 26 paise to close at 79.65 (provisional) against the US dollar on Thursday, tracking a firm trend in the domestic equities.
At the interbank forex market, the local unit opened at 79.80 against the greenback and finally settled at 79.65 (provisional), registering a rise of 26 paise over its previous close.
During the session, the local unit witnessed an intra-day high of 79.64 and a low of 79.85 against the American currency.
On Wednesday, the rupee declined 13 paise to close at 79.91 against the US dollar.
The dollar index, which measures the greenback's strength against a basket of six currencies, was up 0.12 per cent at 106.58.
Brent crude futures, the global oil benchmark, rose 1.37 per cent to $108.08 per barrel.
"Rupee traded positive on the back of positive capital markets and negative dollar reaction after Fed's 0.75 bps hike with a data-driven further stance from Fed chair Powell," said Jateen Trivedi, VP Research Analyst at LKP Securities.
Trivedi further said that "higher crude prices kept gains limited in rupee. Going ahead route can be seen in the range of 79.50-79.95".
On the domestic equity market front, the BSE Sensex ended 1,041.47 points or 1.87 per cent higher at 56,857.79, while the broader NSE Nifty jumped 287.80 points or 1.73 per cent to 16,929.60.
Foreign institutional investors remained net sellers in the capital market on Wednesday, offloading shares worth Rs 436.81 crore, as per exchange data.
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https://www.thehindubusinessline.com/markets/forex/rupee-rises-26-paise-to-close-at-7965-against-us-dollar/article65694054.ece
| 2022-07-28T13:21:09
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en
| 0.896381
|
DULUTH, Ga. (AP) _ Agco Corp. (AGCO) on Thursday reported second-quarter profit of $177.7 million.
On a per-share basis, the Duluth, Georgia-based company said it had net income of $2.37. Earnings, adjusted for restructuring costs, were $2.38 per share.
The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.18 per share.
The farm equipment maker posted revenue of $2.95 billion in the period, which missed Street forecasts. Eight analysts surveyed by Zacks expected $2.96 billion.
Agco expects full-year earnings in the range of $11.70 to $11.90 per share, with revenue in the range of $12.4 billion to $12.6 billion.
Agco shares have decreased 11% since the beginning of the year. The stock has decreased 17% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AGCO at https://www.zacks.com/ap/AGCO
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https://www.expressnews.com/business/article/Agco-Q2-Earnings-Snapshot-17334594.php
| 2022-07-28T13:21:11
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en
| 0.953756
|
Citation
Kim J, Son H. Eur. Child Adolesc. Psychiatry 2022; ePub(ePub): ePub.
Copyright
(Copyright © 2022, Holtzbrinck Springer Nature Publishing Group)
DOI
10.1007/s00787-022-02054-y
PMID
35881194
Abstract
The aim of the study was to investigate the association between adolescent delinquency and sleep deficiency. A comprehensive set of potential mechanisms underlying this association were also examined. Using data from the National Longitudinal Study of Adolescent to Adult Health, the present study employed sibling fixed effects models to account for unobservable family-level confounders, such as genetic predisposition, parenting style, parental ability, and school and neighborhood environments. In Sobel mediation tests, the following mechanism variables were explored: substance use, school-based relationships, and parent-child relationships. An increase in delinquency (measured by the total number of types of delinquent behavior engaged) was associated with an increased risk of sleep deficiency one year later. Sibling fixed effects models with a lagged dependent variable revealed that this association is robust to adjustment for family-level heterogeneity as well as prior sleep deficiency. Substance use was the most salient pathway linking delinquency to sleep deficiency (17% for binge drinking and 26% for marijuana use), followed by student-teacher relationships (17%) and father-child relationships (16%). The results of this study suggest that policymakers and practitioners may consider developing interventions to help delinquent adolescents avoid substance use and restore disruptions of student-teacher and father-child relationships.
Language: en
Keywords
Delinquency; Substance use; Mechanisms; Sibling fixed effects; Sleep deficiency; Social relationship
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https://www.safetylit.org/citations/index.php?fuseaction=citations.viewdetails&citationIds%5B%5D=citjournalarticle_724933_16
| 2022-07-28T13:21:11
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en
| 0.914567
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Rivian, the Amazon-backed manufacturer of electric pickups, SUVs and delivery vans, is laying off about 6% of its workforce as the company adjusts as the "world has dramatically changed," according to an email sent by CEO RJ Scaringe to Rivian's roughly 14,000 employees.
About 840 of those employees were told Wednesday that they will be leaving the company.
Scaringe pointed to inflation, rising interest rates and increased commodity prices as factors that led the startup automaker to trim its workforce.
Rivian only recently started production of its three initial products, the R1T pickup, the R1S luxury SUV and an electric delivery van for which Amazon, a major Rivian investor, is the primary customer.
The R1T pickup and R1S SUV have been well received by critics, with the truck getting MotorTrend's Truck of the Year award. The company has faced some struggles with ramping up its manufacturing with Scaringe pointing to supply chain issues and the tight labor market, specifically, as challenges.
Rivian's electric vehicles are currently manufactured in a former Mitsubishi factory in Normal, Illinois, but the automaker is already planning a second factory near Atlanta. The Georgia factory is expected to eventually employ as many as 7,500 workers.
"We are financially well positioned and our mission is more important than ever, but to fully realize our potential, our strategy must support our sustainable growth as we ramp towards profitability." Scaringe wrote in an email to employees announcing the layoffs.
The Irvine, California-based company offered departing employees 14 weeks of regular pay as well of continuing healthcare coverage through the end of the year.
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™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
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https://www.abc12.com/news/business/electric-truck-maker-rivian-laying-off-6-of-its-workforce/article_28176489-360a-5e58-a446-11daad1954d9.html
| 2022-07-28T13:21:15
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en
| 0.979654
|
ST LOUIS (AP) _ Peabody Energy Corp. (BTU) on Thursday reported second-quarter net income of $409.5 million, after reporting a loss in the same period a year earlier.
The St. Louis-based company said it had profit of $2.54 per share. Earnings, adjusted for non-recurring costs and to extinguish debt, came to $2.67 per share.
The coal mining company posted revenue of $1.32 billion in the period.
Peabody Energy shares have more than doubled since the beginning of the year, while the S&P's 500 index has declined 16%. The stock has more than doubled in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BTU at https://www.zacks.com/ap/BTU
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https://www.myjournalcourier.com/business/article/Peabody-Energy-Q2-Earnings-Snapshot-17334651.php
| 2022-07-28T13:21:15
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| 0.940039
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Extending gains for the second straight session, equity benchmark Sensex jumped by nearly 2 per cent to soar past the 56,000-mark on Thursday, propelled by robust buying in finance, banking and IT stocks.
Value-buying persisted in blue chips as well as select mid- and small-cap counters after their recent spell of weakness, traders said.
A strong recovery in the rupee further boosted domestic equities despite the US Federal Reserve hiked rates to tame inflation, they added.
The US Federal Reserve on Wednesday raised key interest rates by 75 basis points for the second straight month.
The 30-share BSE benchmark jumped 1,041.47 points or 1.87 per cent to settle at 56,857.79. During the day, it rallied 1,097.9 points or 1.96 per cent to 56,914.22.
The broader NSE Nifty advanced 287.80 points or 1.73 per cent to 16,929.60.
The Nifty rose sharply after the US Fed’s comments hinting at a possibility of a slower pace of monetary tightening, Deepak Jasani, Head of Retail Research, HDFC Securities, said.
"Stocks rose on Thursday as the prospect of a slower pace of Federal Reserve monetary tightening filtered across global markets. European shares came off session highs on Thursday, as a slew of downbeat earnings took the shine off a global rally driven by easing worries about the future pace of US interest rate hikes," he added.
Bajaj Finserve, Bajaj Finance jump 10%
Among the Sensex constituents, Bajaj Finance rallied the most by 10.68 per cent, followed by Bajaj Finserv that jumped 10.14 per cent after encouraging June quarter earnings.
The other gainers were Tata Steel, Kotak Mahindra Bank, IndusInd Bank, Infosys, Tech Mahindra and Nestle.
On the other hand, Bharti Airtel, UltraTech Cement, Dr Reddy's, ITC and Sun Pharma were the laggards.
IT, Finance rally over 2 per cent
In the broader market, the BSE midcap gauge jumped 0.94 per cent and smallcap index climbed 0.65 per cent.
A total of 1,902 stocks advanced, while 1,427 declined and 150 remained unchanged.
Among the BSE sectoral indices, IT jumped the most by 2.51 per cent, followed by finance (2.21 per cent), teck (2.19 per cent), realty (2.03 per cent) and bank (1.72 per cent).
Telecom was the only laggard.
Rupee rallies
The rupee appreciated 26 paise to close at 79.65 (provisional) against the US dollar on Thursday.
In Asia, markets in Seoul, Shanghai and Tokyo ended higher, while Hong Kong settled in the red.
"Indian benchmark indices outperformed their Asian peers on the last day of the current month expiry, as there was no surprise in the rate hike decision by the US Federal Reserve which came on expected lines, fuelling a rally in the US markets. The upbeat mood also had a rub-off effect on the domestic market, leading to buying in banking, IT, metals and realty stocks.
"Investors feel that RBI too may not spring any major surprise in the next week's monetary policy meeting on hopes inflation will see a downward curve going ahead," Shrikant Chouhan, Head of Equity Research (Retail), Kotak Securities Ltd, said.
Markets in Europe were trading lower during mid-session deals. The US markets had ended sharply higher on Wednesday.
"Positive cues from global markets following the Fed policy outcome, as well as domestic large caps’ upbeat earnings, drove the market rally. The Fed's decision was as expected, while their positive comment dismissing the possibility of a recession and hinting at a slower pace of rate hikes in the coming months boosted global sentiments," said Vinod Nair, Head of Research at Geojit Financial Services.
"The market is taking cues from the Fed chief's statement that 'I don't think we are in a recession now, the labour market continues to be tight'. Data - unemployment at 50-year lows and job vacancies at historical highs- supports the Fed chief's view. In brief, the market is responding to the possibility of a soft landing for the US and the global economy.
"In India, relentless FII selling had emboldened the bears to go short. The market surge that we are witnessing now is partly short covering and partly investment buying in segments that are doing well," VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said.
Meanwhile, international oil benchmark Brent crude climbed 1.36 per cent to $108.1 per barrel.
Foreign institutional investors were net sellers in the capital markets as they offloaded shares worth ₹436.81 crore on Wednesday, as per exchange data.
"Dalal Street staged a spectacular rebound, echoing global stock markets’ optimism amidst oversold conditions, with Fed's decision to hike rates by 75 bps gave Nifty bulls a signal to rise.
"The positive takeaway was that the benchmark Nifty and many momentum stocks shined all throughout the day. The buying stampede simply continued," Prashanth Tapse - Research Analyst, Senior VP (Research), Mehta Equities Ltd, noted.
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https://www.thehindubusinessline.com/markets/sensex-soars-1041-pts-nifty-nears-17k-as-bulls-regain-footing/article65693956.ece
| 2022-07-28T13:21:15
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en
| 0.951078
|
CAMBRIDGE, Mass. (AP) _ Alnylam Pharmaceuticals Inc. (ALNY) on Thursday reported a loss of $277.4 million in its second quarter.
The Cambridge, Massachusetts-based company said it had a loss of $2.29 per share.
The results did not meet Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of $1.62 per share.
The RNA interference drug developer posted revenue of $224.8 million in the period, which also fell short of Street forecasts. Nine analysts surveyed by Zacks expected $258.7 million.
Alnylam shares have declined 16% since the beginning of the year. The stock has dropped 20% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ALNY at https://www.zacks.com/ap/ALNY
|
https://www.expressnews.com/business/article/Alnylam-Q2-Earnings-Snapshot-17334656.php
| 2022-07-28T13:21:17
|
en
| 0.960407
|
Citation
Frederiksen KS, Hesse M, Brummer J, Pedersen MU. Drug Alcohol Depend. Rep. 2022; 3: e100041.
Copyright
(Copyright © 2022, Elsevier Publishing)
DOI
10.1016/j.dadr.2022.100041
PMID
unavailable
Abstract
Aims To identify young people with different levels of family-related problems, including parental substance use disorder (PSUD), and investigate differences in grades at graduation from compulsory school and further enrollment in education. Methods Participants included 6784 emerging adults (aged 15-25 years) from samples drawn for two national surveys in Denmark 2014-2015. Latent classes were constructed using the following parental variables: PSUD, offspring not living with both parents, and parental criminality, mental disorders, chronic diseases and long-term unemployment. The characteristics were analyzed using an independent one-way ANOVA. Differences in grade point average and further enrollment were analyzed using linear regression and logistic regression, respectively. Results Four classes of families were identified: 1. "Low adverse childhood experiences (ACE) families", 2. "Families with PSUD", 3. "Families with unemployment" and 4. "High ACE families". There were significant differences in grades, with the highest average among youth from "Low ACE families" (males = 6.83; females = 7.40) and significant lower averages among both males and females from the other types of families, but lowest among young people from "High ACE families" (Males = 5.58; females = 5.79). Youth from "Families with PSUD" (Males: OR = 1.51; 95% CI: 1.01-2.26; females: OR = 2.16; 95% CI: 1.22-3.85) and "High ACE families" (Males: OR = 1.78; 95% CI: 1.11-2.26) were significantly more likely not to be enrolled in further education compared with "Low ACE families". Conclusions Young people who experience PSUD, both as the primary family-related problem as well as among multiple family-related problems, are at increased risk for negative school-related outcomes.
Language: en
Keywords
Latent class analysis; Parental substance use disorder; Register data; School performance; Survey data; Types of family-related problems
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https://www.safetylit.org/citations/index.php?fuseaction=citations.viewdetails&citationIds%5B%5D=citjournalarticle_724881_16
| 2022-07-28T13:21:18
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en
| 0.935518
|
Facebook is in decline.
Meta, Facebook's parent company, reported revenue of $28.8 billion for the three months ending in June, a 1% drop from the prior-year quarter and its first year-over-year revenue decline since going public in 2012.
The company's profit fell far more sharply. Net income during the quarter declined 36% year-over-year to nearly $6.7 billion, a huge reversal from the year prior when its profit doubled. Meta reported a 14% year-over-year decline in the average price per ad, a troubling sign as online ad demand weakens because of the recent economic downturn.
The number of monthly active users on the Facebook app also declined slightly from the first quarter of 2022, from 2.936 billion to 2.934 billion. On a conference call with analysts on Wednesday, Meta CEO Mark Zuckerberg said the decline was expected and attributed it "to internet blocks related to the war in Ukraine."
"The number of people using Facebook daily continues to grow," he said.
Meta's results follows weeks of ominous reports that the company would return to a stricter performance review process and look to increase worker productivity as it seeks to weather a period of slowing growth and tough competition from newer rivals such as TikTok. Those challenges are coinciding with larger macroeconomic pressures, including rising inflation and recession fears.
Zuckerberg said earlier this month that the company would cut plans to hire engineers by at least 30% this year, telling employees in a Q&A that "this might be one of the worst downturns that we've seen in recent history," according to a Reuters report. In its earnings report Wednesday, the company said it has "reduced our hiring and overall expense growth plans this year to account for the more challenging operating environment while continuing to direct resources toward our company priorities."
"Many teams are going to shrink so that we can shift energy to other areas within the company," Zuckerberg said on the conference call.
Still, the company's sales decline is expected to continue into next quarter. Meta said it expects revenue for the current quarter to be between $26 billion and $28.5 billion. Even at the high end, that would mark a 1.76% decline from the prior year.
Meta pointed to lower revenue from its VR unit, Reality Labs, and ongoing weakness in online advertising demand caused by economic uncertainty as factors behind the guidance. Other tech companies, including Twitter and Snap, are also confronting tightened advertiser budgets amid the economic downturn. Meta was already struggling after Apple's app tracking changes made it harder to target ads.
Meta shares fell as much as 5% in after-hours trading Wednesday following the earnings report before rebounding somewhat.
Hours before the earnings report dropped, the FTC moved to block Meta's acquisition of VR company Within, alleging that the tech giant is illegally attempting to grow its "virtual reality empire." While Meta called the injunction "wrong on the facts and the law," it highlights the potential regulatory hurdles the company faces in growing its virtual reality business.
The stakes are high for the company with that particular division. Meta has bet its future on a still largely hypothetical version of the internet called the "metaverse" that relies on virtual and augmented reality technologies. And that shift is expensive: Meta said it lost $2.8 billion during the quarter from its Reality Labs unit.
Meta CFO Dave Wehner said during the Wednesday call that mergers and acquisitions are "definitely a component" of its strategy to build the metaverse and "we'll continue to look at acquisitions going forward" despite the challenge by the FTC.
"The social media company faces several challenges in the months ahead, mainly a slowdown in revenue growth due to reduced ad spending, as well as a lack of innovation and introduction of new user-friendly features," Investing.com senior analyst Jesse Cohen said in an investor note following the earnings report. On top of that, Cohen said, investors also "need to worry about the negative impact of potential regulatory actions by the U.S. government."
On the call, Zuckerberg also commented on its move to grow the number of recommended posts Facebook and Instagram users see in their feeds compared to content from accounts they follow — something Zuckerberg has referred to as becoming a "discovery engine." Earlier this week, user backlash against such changes on Instagram hit fever pitch when a post calling to "Make Instagram Instagram again" went viral and was reposted by Kim Kardashian and Kylie Jenner.
"As we are building out our discovery engine ... I want to be clear that we are still a social company," Zuckerberg said. He added that currently around 15% of content on users' Facebook feeds (and slightly more on Instagram) is recommended by artificial intelligence from accounts they don't follow. It expects those number to more than double by the end of next year.
Meta chief operating officer Sheryl Sandberg attempted to reassure investors during Wednesday's call — which will be her last, after she announced she would step down last month — by saying, "Meta is a company that has shown extraordinary resilience."
"We've made big transitions, like the shift from desktop to mobile or Feed to Stories," she said. "The investments we're making in Reels, in our discovery engine, business messaging, controlling our ad system and especially in helping to build the metaverse represent enormous opportunities for our business."
Meta announced another change to its C-Suite on Wednesday. Wehner will become Meta's first chief strategy officer on November 1, responsible for "the company's strategy and corporate development." Meta's current VP of finance Susan Li will take over the CFO job.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
|
https://www.abc12.com/news/business/facebook-parent-posts-first-revenue-decline-as-a-public-company/article_bad1b928-da0c-586b-96a6-3cb84b09afc5.html
| 2022-07-28T13:21:21
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en
| 0.969743
|
HATO REY, Puerto Rico (AP) _ Popular Inc. (BPOP) on Thursday reported second-quarter profit of $211.1 million.
The bank, based in Hato Rey, Puerto Rico, said it had earnings of $2.77 per share.
The company that runs Banco Popular and other banks in Puerto Rico and the U.S. posted revenue of $729.2 million in the period. Its revenue net of interest expense was $691.3 million, which beat Street forecasts.
Popular shares have dropped slightly more than 2% since the beginning of the year. The stock has increased roughly 10% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BPOP at https://www.zacks.com/ap/BPOP
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https://www.myjournalcourier.com/business/article/Popular-Q2-Earnings-Snapshot-17334659.php
| 2022-07-28T13:21:21
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en
| 0.953276
|
Bandhan Bank has opened a currency chest in Deedargunj, Patna. This is the bank’s first ever currency chest and will help in cash management in the city.
This initiative will help the public, MSMEs and small traders with supply of currency notes to the bank branches and the ATMs, said a statement.
Branch expansion
The bank plans to open more than 530 new branches across the country during the current financial year, mainly distributed in north, west and south India.
“The currency chest is one-step forward in enhancing customers’ convenience in the banking services that we offer,” C S Ghosh, MD & CEO, Bandhan Bank, said in the statement.
Bandhan Bank currently has a customer base of over 2.69 crore and more than 5,640 banking outlets.
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https://www.thehindubusinessline.com/money-and-banking/bandhan-bank-opens-currency-chest-in-patna/article65693858.ece
| 2022-07-28T13:21:21
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en
| 0.93109
|
MADISON, N.J. (AP) _ Anywhere Real Estate Inc. (HOUS) on Thursday reported second-quarter net income of $88 million.
On a per-share basis, the Madison, New Jersey-based company said it had net income of 75 cents. Earnings, adjusted for non-recurring gains, came to 69 cents per share.
The real estate brokerage operator posted revenue of $2.14 billion in the period.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HOUS at https://www.zacks.com/ap/HOUS
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https://www.expressnews.com/business/article/Anywhere-Real-Estate-Q2-Earnings-Snapshot-17334609.php
| 2022-07-28T13:21:23
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en
| 0.909542
|
Citation
Sa’diyah K, Ningrum RP. Jurnal Wanita dan Keluarga 2022; 3(1): 50-63.
Vernacular Title
Kebijakan pendidikan: perencanaan pembelajaran guna menyikapi kekerasan gender berbasis online (KGBO)
Copyright
(Copyright © 2022)
DOI
10.22146/jwk.5205
PMID
unavailable
Abstract
The purpose of writing this article is to explain how anti- Online Based-Gender Violance (KGBO) learning planning is applied to students starting from the junior high school level. The Online Based-Gender Violance (KGBO) case that continuous to increase shows that a solustion is needed in dealing with these problems. By involving several parties ranging from teachers, the Education Office and the Integrated Service Center for the Empowerment of Women and Children (P2TP2A), students and parent of students, it can produce good collaboration to implement the proposed education policy. The research method used is descriptive qualitative by using secondary data (library research) from the media, journals, news or books that are relevant and able to answer the problem formulation. Based on the type of qualitative research, there are four stages in analyzing data starting from the process of collecting data, reducing data, presenting data and drawing conclucions. Through these stages it will produce a factual study and findings of the theme raised. The proposed policy that Online Based-Gender Violance (KGBO) learning is taught not only through material but also provides direct opportunities for student to campaign socially and learn to the Education Office and the Integrated Service Center for the Empowerment of Women and Children (P2TP2A) which is expected to become a suggestion that can reduce exixting Online Based-Gender Violance (KGBO) problems.
Language: id
Keywords
kebijakan pendidikan; Kekerasan Gender Berbasis Online (KGBO); Online Based-Gender Violance (KGBO); permasalahan.; the policy of education; the problem
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https://www.safetylit.org/citations/index.php?fuseaction=citations.viewdetails&citationIds%5B%5D=citjournalarticle_724892_16
| 2022-07-28T13:21:24
|
en
| 0.888891
|
What seemed unfathomable just six months ago -- a 75-basis-point rate hike by the Federal Reserve -- has now happened twice in a row.
At the conclusion of its July monetary policymaking meeting, members of the US central bank on Wednesday once again approved a supersized interest rate hike of three-quarters of a percentage point. Members voted unanimously in favor of the aggressive move to tackle white-hot inflation.
The unprecedented action emphasizes how far the Fed is willing to push the economy to temper rising costs for Americans amid the highest price increases since the 1980s.
"Recent indicators of spending and production have softened," Fed officials said in an official statement. "Nonetheless, job gains have been robust in recent months, and the unemployment rate has remained low." Inflation is still elevated, they said, "reflecting supply and demand imbalances related to the pandemic, higher food and energy prices, and broader price pressures."
In prior months, the central bank noted higher energy prices but this is the first month they included rising food costs in their analysis.
When the pandemic first hit the United States, the Fed rolled out a series of emergency measures to support the economy, including slashing its interest rate to zero, making it almost free to borrow money. But while that "easy money" policy encouraged spending by households and businesses, it also fueled inflation and contributed to today's overheated economy.
Now that the economy no longer needs support from the Fed, the central bank has been taking steps to "remove the punch bowl" and slow down the economy by hiking interest rates.
The Fed's actions will increase the rate that banks charge each other for overnight borrowing to a range of between 2.25% to 2.50%, the highest since December 2018.
Over the last three decades, the Fed has nudged its benchmark interest rate up or down by an average of 25 basis points, preferring to steer the economy at low speed. But surging inflation compelled the central bank last month to implement a rate hike of three times that size, marking the first time since 1994 that the Fed has rolled out a 75-basis-point increase. Wednesday's rate hike represents the first time in modern Fed history that the central bank has raised interest rates by 75 basis points twice in a row.
The question now is whether the Fed will be able to remove the punch without ending the party.
"Whether the economy can smoothly transition from allegro to adagio is very much in doubt and depends both on the current state of the economy and how the Fed conducts policy from here," said David Kelly, chief global strategist at JPMorgan Asset Management.
The Fed must execute a delicate balancing act or its strategy could slow economic growth while inflation is still growing. Significant and entrenched inflation could lead to a loss of confidence that the Fed can fulfill its dual mandate of price stability and maximum employment. And Federal Reserve Chairman Jerome Powell has said the biggest risk to the economy would be persistent inflation, not an economic downturn.
In the last 11 tightening cycles, the Fed has only successfully avoided recession three times. During each of those cycles, inflation was lower than it is today. That has made some analysts and market participants nervous.
"A soft landing feels like a long shot from here," said Seema Shah, chief strategist at Principal Global Investors. "Fed policy cannot directly impact food or energy inflation, while rate hikes so far have done little to slow core CPI [Consumer Price Index] components which are, traditionally, more responsive to monetary policy."
Analysts at BlackRock said in a note: "We think a soft landing is unlikely. Central banks today face sharp trade-offs between growth and inflation. We expect the Fed to change course only next year, when the economic effects of rate rises become clear."
Still, investors widely expected the Fed to raise its benchmark interest rate by another three-quarters of a point after a disastrous June inflation report. US consumer prices surged to a new pandemic-era peak in June, jumping by 9.1% year over year, according to the most recent data from the Bureau of Labor Statistics. That's higher than the previous reading, when prices rose by 8.6% for the year ending in May.
Money is tight in many US households: New data from the Bureau of Economic Analysis shows Americans are saving much less than they did a year ago. In May, Americans saved just 5.4% of disposable personal income, down from 12.4% year over year.
The unemployment rate, meanwhile, is near a 50-year low and has been declining this year. A persistently strong labor market gives the Fed some leeway in maneuvering interest rates.
Fed chair Powell is scheduled to give a news conference at 2:30 p.m. ET on Wednesday.
This is a developing story and will be updated.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
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https://www.abc12.com/news/business/fed-makes-history-with-second-massive-rate-hike-in-as-many-months/article_6d1df17e-fd71-5bc0-a389-c7830774c116.html
| 2022-07-28T13:21:27
|
en
| 0.963853
|
MIAMI (AP) _ Royal Caribbean Cruises Ltd. (RCL) on Thursday reported a loss of $521.6 million in its second quarter.
On a per-share basis, the Miami-based company said it had a loss of $2.05. Losses, adjusted for one-time gains and costs, came to $2.08 per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of $2.23 per share.
The cruise operator posted revenue of $2.18 billion in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $2.16 billion.
For the current quarter ending in October, Royal Caribbean expects its per-share earnings to range from 5 cents to 25 cents. Analysts surveyed by Zacks had forecast adjusted earnings per share of $2.47.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RCL at https://www.zacks.com/ap/RCL
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https://www.myjournalcourier.com/business/article/Royal-Caribbean-Q2-Earnings-Snapshot-17334662.php
| 2022-07-28T13:21:27
|
en
| 0.956637
|
LOS ANGELES (AP) _ Ares Management LP (ARES) on Thursday reported second-quarter net income of $39.7 million.
The Los Angeles-based company said it had profit of 21 cents per share. Earnings, adjusted for non-recurring costs, came to 74 cents per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 70 cents per share.
The private equity firm posted revenue of $601.4 million in the period. Its adjusted revenue was $618.2 million.
Ares Management shares have dropped 19% since the beginning of the year. The stock has decreased 2% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ARES at https://www.zacks.com/ap/ARES
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https://www.expressnews.com/business/article/Ares-Management-Q2-Earnings-Snapshot-17334598.php
| 2022-07-28T13:21:30
|
en
| 0.939152
|
Citation
O'Brien KH, Lundine JP, Pei Y, Kemp AM. Am. J. Speech Lang. Pathol. 2022; ePub(ePub): ePub.
Copyright
(Copyright © 2022, American Speech-Language-Hearing Association)
DOI
10.1044/2022_AJSLP-21-00315
PMID
35881877
Abstract
PURPOSE: This study examines school-based speech-language pathologists' (SLPs') experience, knowledge, and confidence in supporting students as they return to the classroom following concussion, with a particular focus on knowledge of new management guidelines over the last decade. METHOD: Participants were 74 school-based SLPs who completed an electronic survey about their knowledge and experiences serving students with concussion. We examined participants' accuracy and confidence across knowledge questions using Kruskal-Wallis tests. We also conducted linear regression to explore the relationships between training, work experiences, knowledge, and confidence. RESULTS: Nearly half of participants who are currently working with students with concussion reported having no clinical or training experiences related to concussion. Participants who had more concussion-related training or working experiences reported higher confidence. Participants were confident about general concussion knowledge but less confident about providing assessment and supporting students with concussion as they returned to school. Participants had the lowest confidence and accuracy for the most recent guidelines around rest and activity, as well as the differential impact of concussion on children as compared to adults. CONCLUSIONS: Many school-based SLPs have limited training around concussion management and are often not specifically consulted to work with students following concussion. Despite this, SLPs have good awareness of their knowledge about concussion, but show gaps in knowledge surrounding more recent evidence-based guidelines. Additional investigation is needed to determine better ways to move research into clinical practice and to increase the involvement of SLPs in school-based concussion teams. SUPPLEMENTAL MATERIAL: https://doi.org/10.23641/asha.20361969.
Language: en
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https://www.safetylit.org/citations/index.php?fuseaction=citations.viewdetails&citationIds%5B%5D=citjournalarticle_724919_16
| 2022-07-28T13:21:30
|
en
| 0.953088
|
Ford shook off the impact of supply chain problems and limited vehicle inventory to post much better-than-expected profits and revenue in the second quarter.
The number more closely watched by investors, its income excluding special items, jumped to $2.7 billion compared to the $510 million it earned on that basis a year earlier. Analysts surveyed by Refinitiv had forecast an increase in those adjusted earnings, but nowhere near as big, with a consensus forecast of $1.9 billion.
Revenue was $40.2 billion, up from the $26.8 billion a year ago. Revenue from vehicle sales rose 57% to $37.9 billion — easily topping the consensus forecast by about $3.6 billion. The revenue jump was far more than the 35% increase in the number of vehicles Ford sold to dealers and distributors worldwide, demonstrating that higher prices helped achieve those results.
The global auto industry has been struggling with supply chain problems, especially a shortage of computer chips, which limited inventories on dealer lots. With demand outpacing supplies, retail car prices hit record levels in recent months.
"We're moving with purpose and speed into the most promising period for growth in Ford's history," said CEO Jim Farley.
Worries remain for automakers, however, and one of them is the growing risk of a recession hitting the pent-up demand for new vehicles. Executives at rival General Motors said Tuesday that while it does not see any signs of an economic downturn, it is preparing for that possibility.
Ford's earnings statement was far more bullish, affirming its full-year earnings guidance and announcing a 50% increase in its dividend to 15 cents a share.
One piece of bad news in the report was a $2.4 billion charge against its net income due to the drop in value of its investment in electric truck maker Rivian. It followed a $3.1 billion charge it took for the same reason in the first quarter, which turned that quarter's net income into a net loss. Ford's holdings in the startup are still worth more than than the $500 million it originally invested, although far less than the value of that investment soon after Rivian's IPO last fall.
Shares of Ford gained 6% in after-hours trading on the report.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
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https://www.abc12.com/news/business/ford-earnings-and-revenue-soar-helped-by-high-car-prices/article_0196b64d-4372-5841-b863-2dab9ff940c3.html
| 2022-07-28T13:21:33
|
en
| 0.969636
|
GREEN BAY, Wis. (AP) _ Schneider National Inc. (SNDR) on Thursday reported second-quarter profit of $129.8 million.
On a per-share basis, the Green Bay, Wisconsin-based company said it had net income of 73 cents. Earnings, adjusted for non-recurring gains, came to 72 cents per share.
The results surpassed Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of 68 cents per share.
The trucking company posted revenue of $1.75 billion in the period, also surpassing Street forecasts. Fourteen analysts surveyed by Zacks expected $1.67 billion.
Schneider National expects full-year earnings in the range of $2.60 to $2.70 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SNDR at https://www.zacks.com/ap/SNDR
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https://www.myjournalcourier.com/business/article/Schneider-National-Q2-Earnings-Snapshot-17334755.php
| 2022-07-28T13:21:33
|
en
| 0.925045
|
COLUMBUS, Ohio (AP) _ Bread Financial Holdings, Inc. (BFH) on Thursday reported second-quarter profit of $12 million.
On a per-share basis, the Columbus, Ohio-based company said it had net income of 25 cents.
The results missed Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of $2.25 per share.
The manager of loyalty and rewards programs for retailers and others posted revenue of $988 million in the period. Its adjusted revenue was $893 million, also missing Street forecasts. Fourteen analysts surveyed by Zacks expected $900.7 million.
Bread Financial shares have dropped 36% since the beginning of the year. The stock has fallen 57% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BFH at https://www.zacks.com/ap/BFH
|
https://www.expressnews.com/business/article/Bread-Financial-Q2-Earnings-Snapshot-17334610.php
| 2022-07-28T13:21:36
|
en
| 0.952161
|
Citation
Meinhardt I, Cuthbert S, Gibson K, Fortune S, Hetrick SE. J. Adolesc. 2022; ePub(ePub): ePub.
Copyright
(Copyright © 2022, Elsevier Publishing)
DOI
10.1002/jad.12078
PMID
35880459
Abstract
INTRODUCTION: Self-harm is a significant public health issue affecting school communities, students, and families. The school is an ideal environment for early intervention and prevention. This study aimed to explore the views of young people and stakeholders on how school staff should support students who self-harm in the context of developing accessible and acceptable guidelines. METHODS: The study was nested within a larger Delphi study conducted in New Zealand. Two panels were asked to provide reflection in open text boxes in two questionnaires on how school staff can support students who self-harm. The youth panel included 22 participants between 16 and 25 years, and 81.8% identified as female and 18.3% as male. The stakeholder panel (e.g., school staff) included 27 participants over 25 years, and 63.0% identified as female, and 37.0% as male. The data were analyzed using thematic analysis to identify key themes. RESULTS: Eight themes were identified; (1) an approach that prioritizes trust, (2) an approach that recognizes students' agency, (3) an individually tailored approach, (4) a whole-school approach, (5) an approach that recognizes role boundaries, (6) an approach that prioritizes safety, (7) a nonpunitive approach, and (8) an appropriately-resourced approach. CONCLUSION: The eight themes identified highlighted ineffective practices in response to self-harm in schools. The eight themes provide solutions to these practices. Our findings highlighted four recommendations that address ineffective management approaches in response to students who self-harm. These recommendations included using a student-centered approach, a whole-school approach, avoiding punitive approaches, and providing adequate resourcing to schools.
Language: en
Keywords
education; self-harm; guideline; school staff; young people
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https://www.safetylit.org/citations/index.php?fuseaction=citations.viewdetails&citationIds%5B%5D=citjournalarticle_724938_16
| 2022-07-28T13:21:37
|
en
| 0.949672
|
The U.S. economy shrank again in the second quarter, the Bureau of Economic Analysis said Thursday.
Gross domestic product, a wide-ranging measure of economic activity, fell by 0.9% on an annualized basis from April through June. That decline marks a key symbolic threshold for the most commonly used — albeit unofficial — definition of a recession as two consecutive quarters of negative economic growth.
The hotly anticipated data release has taken on outsized significance as investors, policymakers and ordinary Americans seek some measure of clarity in the current muddled economic environment.
Although Thursday's initial estimate marked a sharp drop from the 6.7% expansion the economy underwent in the second quarter of 2021, the White House has been adamant that the world's largest economy, despite being buffeted by decades-high inflation and a cascade of supply shocks, remains fundamentally sound.
The administration even took the unusual step of publishing an explainer of sorts, maintaining that two consecutive quarters of economic contraction does not, in and of itself, constitute a recession.
The White House posted a blog entry last week saying that in addition to GDP, data pertaining to the labor market, corporate and personal spending, production and incomes all go into the official determination of a recession.
The nonprofit National Bureau of Economic Research is the official arbiter of recessions, and it is unlikely to render a verdict any time soon. The group's Business Cycle Dating Committee typically weighs a plethora of statistics over a period of months before making a determination.
Economists say the biggest reason it would be premature to call a recession based on Thursday's numbers is that the data can and probably will change. Subsequent revisions to first-quarter GDP figures, for instance, changed from an initial drop of 1.4% to 1.6%, and Thursday's numbers are just the first of three estimates.
Adjustments are the norm rather than the exception, since the Commerce Department repeatedly refines its calculations as new information becomes available. About a third of initial GDP releases rely on statistical extrapolations and assumptions in the absence of hard data, according to the Federal Reserve Bank of San Francisco.
"These are typically single points in time, snapshots. It's almost like looking at a balance sheet versus an income statement over a quarter," said Eric Freedman, chief investment officer at U.S. Bank Wealth Management.
"New information can emerge," he said, and when it does, those variables change the outcome.
Sometimes, the differences between estimates are significant. Revisions to GDP in the fourth quarter of 2008, for example, revealed that economic activity actually plunged by an annualized -8.4%, indicating a much deeper recession than the initial estimate of -3.8% suggested.
Right now, the biggest smudge on the lens preventing economists from getting a clear picture is a buildup of inventories and a corresponding imbalance in the country's usual trade flows.
"What you're starting to see and hear a lot about right now is what's happening with inventories... Inventories are an issue, both in terms of the mix of inventory retailers are holding as well as the amount," Freedman said.
A rush to load up on goods during the previous two quarters was a miscalculation for companies like big-box stores. Walmart and Target have both told investors they expect to cut prices in order to move products. But from a macroeconomic perspective, some experts think those missteps imply that the economy in the first quarter wasn't as anemic as the drop in GDP might otherwise imply.
Anna Rathbun, chief investment officer at CBIZ Investment Advisory Services, suggested that the 1.6% contraction in first-quarter GDP was artificially low because businesses started stockpiling inventory in the final quarter of last year. This pulled forward economic activity that otherwise would have taken place in the early months of this year, she said.
"The fourth quarter, to me, was bloated a little bit," Rathbun said. "Everyone was just hoarding things."
In addition, when companies import more and export less, that dynamic weighs on GDP, said Jacob Kirkegaard, a senior fellow at the Peterson Institute for International Economics.
"It's the value of production within the physical borders of the United States, so therefore if you have, hypothetically, exports that are flat and higher imports, then your trade deficit is rising. In that sense, a rising trade deficit subtracts from GDP," he said, particularly when combined with wild swings in prices.
"When you have highly fluctuating commodity prices, and especially in periods of high inflation in general, then it can be misleading and, in my opinion, paint an overly negative view of where the economy is," Kirkegaard said. "We have to be careful with saying the GDP number is the absolutely valid metric for economic well-being in the country."
Federal Reserve Chairman Jerome Powell on Wednesday reiterated the importance of considering various key economic measures as the central bank determines future rate moves. However, Powell said the first read of a GDP report should be taken "with a grain of salt."
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
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https://www.abc12.com/news/business/u-s-economy-contracts-again-fueling-recession-fears/article_1bff0e2c-60b2-56ef-adb9-d4432200ec19.html
| 2022-07-28T13:21:39
|
en
| 0.958535
|
KFAR-SAVA, Israel (AP) _ Silicom Ltd. (SILC) on Thursday reported net income of $4.5 million in its second quarter.
The Kfar-Sava, Israel-based company said it had net income of 67 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, came to 70 cents per share.
The provider of servers and network computing appliances posted revenue of $34.2 million in the period.
For the current quarter ending in October, Silicom said it expects revenue in the range of $38 million to $40 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SILC at https://www.zacks.com/ap/SILC
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https://www.myjournalcourier.com/business/article/Silicom-Q2-Earnings-Snapshot-17334675.php
| 2022-07-28T13:21:39
|
en
| 0.929198
|
BOSTON (AP) _ BrightSphere Investment Group (BSIG) on Thursday reported second-quarter net income of $28.6 million.
The Boston-based company said it had net income of 67 cents per share. Earnings, adjusted for non-recurring gains, came to 41 cents per share.
The asset manager posted revenue of $95.5 million in the period.
BrightSphere Investment Group shares have declined 26% since the beginning of the year. The stock has declined 22% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BSIG at https://www.zacks.com/ap/BSIG
|
https://www.expressnews.com/business/article/BrightSphere-Investment-Group-Q2-Earnings-17334616.php
| 2022-07-28T13:21:42
|
en
| 0.938093
|
Citation
Sun F, Li H, Song W, Bao J, Zhen Z. Suicide Life Threat. Behav. 2022; ePub(ePub): ePub.
Copyright
(Copyright © 2022, American Association of Suicidology, Publisher John Wiley and Sons)
DOI
10.1111/sltb.12898
PMID
35880409
Abstract
BACKGROUND: The study examined the role of campus stressors and psychological pain on non-suicidal self-injury (NSSI) and suicide attempt (SA). METHODS: Specific patterns of co-occurring psychological pain, campus stressors, and self-harm behaviors were identified by latent profile analysis, and their odds ratios (ORs) on NSSI and SA were analyzed in cross-sectional study and 2-year follow-up study. Structural Equation Model was used to explore indirect effect of campus stressors on SA and NSSI via different components of psychological pain. RESULTS: Three classes were identified as low-risk class (68.58%) with low endorsements on the three measures, moderate-risk class (26.52%) with the elevated academic stressors, high levels of painful feelings, and high probabilities on NSSI; and high-risk class (4.90%) with the elevated combined stressors, high levels of pain avoidance, and high probabilities on SA. Compared to the moderate-risk class, adolescents in the high-risk class had a 4.97 OR of reporting NSSI, 17.98 OR of reporting SA. Pain avoidance class at baseline reported a higher probability in SA class (OR = 224.00) in a 2-year study. CONCLUSIONS: Painful feelings might be shared psychosocial correlates for NSSI and SA. However, pain avoidance may play a role in distinguishing SA from NSSI, which shed light on the intervention of adolescents who engage in self-harm behaviors.
Language: en
Keywords
non-suicidal self-injury; suicide attempt; three-dimensional psychological pain
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https://www.safetylit.org/citations/index.php?fuseaction=citations.viewdetails&citationIds%5B%5D=citjournalarticle_724956_16
| 2022-07-28T13:21:43
|
en
| 0.910674
|
After weeks of mounting frustration over limited supplies of monkeypox vaccines, about 786,000 additional doses are being made available in the United States, the U.S. Department of Health and Human Services announced on Wednesday.
The U.S. Food and Drug Administration said Jynneos monkeypox vaccine doses filled and finished at a Denmark manufacturing facility meet the agency's quality standards and it has approved a supplement to the vaccine's biologics license.
Doses that were previously manufactured at the facility had already been shipped to the United States, so the FDA action clears the way for doses to be distributed and administered.
"HHS is working to make these doses available to states and jurisdictions as soon as possible to fulfill their needs and will announce allocations tomorrow," US Health and Human Services Secretary Xavier Becerra said in a statement.
The U.S. Centers for Disease Control and Prevention estimates that more than 1.5 million men who have sex with men are currently eligible to receive the monkeypox vaccine. But as of July 22, 310,385 doses of the vaccine have been delivered.
As monkeypox spread -- more than 3,500 cases have been confirmed in the United States so far -- vaccine appointments around the country have been snapped up quickly and long lines have formed at clinics offering the shots.
FDA and HHS officials said Wednesday they expedited inspection of the monkeypox vaccine facility in Denmark in response to the outbreak, and more vaccines are still to come. HHS anticipates making around 1.9 million doses available in 2022 with an additional 2.2 million doses made available in the first half of 2023.
Bavarian Nordic, the company that manufactures the Jynneos vaccine, said in a statement that drug production was also approved by EU regulators and the company "is now allowed to deliver drug product manufactured at its own site to the U.S. and EU market."
Who's eligible to be vaccinated
The two-dose Jynneos vaccine is available for people at high risk of monkeypox exposure: those who have been identified as close contacts of someone who has been diagnosed with monkeypox, those who have had sex with a partner diagnosed with monkeypox within the past 14 days, and those who have had multiple sex partners in the past 14 days in an area with monkeypox spread, according to the CDC.
The vaccine helps protect against monkeypox when given before or shortly after an exposure. Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, said on CNN's New Day on Tuesday that the US needs to shift its monkeypox vaccine strategy to reach more people at risk of infection, rather than responding to monkeypox exposures.
"It's very clear with the spread of this that there now has to be a balance between vaccines available for those who clearly have been exposed, as well as those at risk," Fauci said.
"What you want to do is a balance between vaccinating those who clearly have had an exposure, but go well beyond that."
Anyone can become ill from monkeypox, but the CDC says that more than 99% of monkeypox cases in the US have been among men who have sex with men. Monkeypox is not a sexually transmitted disease, but it can transmit though close, skin-on-skin physical contact, or from objects like sheets or towels that may have been used by somebody with monkeypox.
Symptoms usually start within three weeks of exposure to the monkeypox virus and last two to four weeks. The virus typically triggers a rash with lesions that can be extremely painful.
Fauci said Tuesday that he doesn't think the entire population needs to be vaccinated against monkeypox, although "obviously, you'll leave the door open for any possibility" if monkeypox spreads more widely.
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https://www.abc12.com/news/health/additional-786-000-monkeypox-vaccine-doses-will-soon-be-available-in-u-s/article_5d15cf4a-4447-513a-a8cd-1b4da0250120.html
| 2022-07-28T13:21:45
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| 0.974973
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BALTIMORE (AP) _ T. Rowe Price Group Inc. (TROW) on Thursday reported second-quarter net income of $339.6 million.
The Baltimore-based company said it had net income of $1.46 per share. Earnings, adjusted for non-recurring costs, were $1.79 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 $2.24 per share.
The financial services firm posted revenue of $1.51 billion in the period, which also missed Street forecasts. Three analysts surveyed by Zacks expected $1.71 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TROW at https://www.zacks.com/ap/TROW
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https://www.myjournalcourier.com/business/article/T-Rowe-Q2-Earnings-Snapshot-17334597.php
| 2022-07-28T13:21:46
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| 0.961146
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JACKSON, Mich. (AP) _ CMS Energy Corp. (CMS) on Thursday reported second-quarter earnings of $148 million.
The Jackson, Michigan-based company said it had net income of 50 cents per share. Earnings, adjusted for non-recurring costs, were 53 cents per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 44 cents per share.
The energy company posted revenue of $1.92 billion in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $1.61 billion.
CMS Energy expects full-year earnings in the range of $2.85 to $2.89 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CMS at https://www.zacks.com/ap/CMS
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https://www.expressnews.com/business/article/CMS-Energy-Q2-Earnings-Snapshot-17334637.php
| 2022-07-28T13:21:48
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en
| 0.945015
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Citation
이, 장, 김, 이, 장, 김. Korean J. Emerg. Med. Ser. 2021; 25(2): 129-143.
Vernacular Title
중학생들의 학교안전교육 실태와 안전분야 지식 및 실천 :「재난안전, 응급처치, 교통안전, 생활안전」
Copyright
(Copyright © 2021, The Korean Society of Emergency Medical Service, Publisher Department of Emergency Medical Services, Kangwon National University)
DOI
10.14408/KJEMS.2021.25.2.129
PMID
unavailable
Abstract
PURPOSE: This study aimed to identify the current status of school safety education and the differences in knowledge and practice of middle school students. Methods: A structured questionnaire was distributed to 418 middle school students in J province. The questionnaires consisted of 35 questions on the status of school safety education as well as the four school safety education domains of first aid, disaster safety, traffic safety, and daily life. Data were analyzed using frequency analysis, cross-tabulation analysis, a t-test, analysis of variance, and Pearson's correlations. Results: Awareness regarding the top seven standards for school safety and interest in school safety education were both relatively low. Among all the different kinds of safety accidents, those related to school violence(33.8%) and life safety(24.9%) were experienced the most in school. A more pleasant school life and better peer relationships led to interest in school safety(p=.000)(p=.000), awareness regarding the top seven standards for school safety(p=.022)(p=.009), adoption of coping measures(p=.000)(p=.000), and practice(p=.000)(p=.000) in case of safety accidents(p=.000)(p=.000). Conclusion: To increase awareness regarding the seven standards for school safety education and raise interest in safety education, it is necessary to cultivate experts and actively utilize them and to prepare systematic and continuous school safety education programs.
Language: ko
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https://www.safetylit.org/citations/index.php?fuseaction=citations.viewdetails&citationIds%5B%5D=citjournalarticle_724983_16
| 2022-07-28T13:21:50
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en
| 0.930833
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The bacteria that causes a rare, serious disease called melioidosis has been detected in water and soil samples in Mississippi, the US Centers for Disease Control and Prevention said Wednesday.
Burkholderia pseudomallei was found in the Gulf Coast region of Mississippi, the first detection of the bacteria in the environment in the U.S.
"It is unclear how long the bacterium has been in the environment prior to 2020 or how widespread the bacterium is in the continental United States; modeling suggests that the environmental conditions found in the Gulf Coast states are conducive to the growth of B. pseudomallei," the CDC said in a Health Alert Network Advisory.
The agency asked health care providers across the country to consider melioidosis as a possible diagnosis when people have symptoms, "as melioidosis is now considered to be locally endemic in areas of the Gulf Coast region of Mississippi.
Symptoms of melioidosis depend on where someone is infected but may include fever, pain or swelling, ulcers, coughing, chest pain, trouble breathing, weight loss, muscle or joint pain, disorientation, headache and seizures. These can progress to conditions such as pneumonia, abscesses and blood infections. It's deadly in 10% to 50% of cases.
B. pseudomallei is typically found in tropical regions, and U.S. cases are usually connected to travel. The CDC says an average of 12 cases are reported to the agency each year.
The latest discovery came about after two people who lived close to each other in southern Mississippi but who had no recent history of international travel were diagnosed with the same bacterial strain in July 2020 and May 2022, the CDC said, prompting sampling of their household products, their properties and nearby areas. The patients were hospitalized but recovered after taking antibiotics.
The risk to the general population in the U.S. "continues to be very low," the agency said in a news release, and there are few documented cases of person-to-person transmission.
People who live in or visit coastal Mississippi, especially those with certain chronic conditions, are urged to protect open wounds, cuts or burns with waterproof bandages; avoid contact with soil or muddy water; and do not drink water from shallow wells, lakes, rivers, ponds and streams. Get medical care right away if you notice possible melioidosis symptoms.
Melioidosis was connected to contaminated aromatherapy sprays late last year. One person died of a B. pseudomallei infection in October that was traced to the sprays.
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™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
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https://www.abc12.com/news/health/bacteria-that-causes-melioidosis-is-endemic-in-parts-of-mississippi-gulf-coast-cdc-says/article_71abbebc-fbac-5efb-b258-a937a37e33e2.html
| 2022-07-28T13:21:51
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en
| 0.963617
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CALGARY ALBERTA, Alberta (AP) _ TC Energy Corporation (TRP) on Thursday reported second-quarter profit of $722.5 million.
On a per-share basis, the Calgary Alberta, Alberta-based company said it had net income of 71 cents. Earnings, adjusted for non-recurring costs, were 78 cents per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 77 cents per share.
The energy infrastructure company posted revenue of $2.85 billion in the period.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TRP at https://www.zacks.com/ap/TRP
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https://www.myjournalcourier.com/business/article/TC-Energy-Q2-Earnings-Snapshot-17334603.php
| 2022-07-28T13:21:52
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en
| 0.929831
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CALGARY ALBERTA, Alberta (AP) _ Canadian Pacific Railway Ltd. (CP) on Thursday reported second-quarter profit of $599.5 million.
The Calgary Alberta, Alberta-based company said it had net income of 64 cents per share. Earnings, adjusted for one-time gains and costs, were 74 cents per share.
The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 69 cents per share.
The railroad posted revenue of $1.73 billion in the period, also topping Street forecasts. Seven analysts surveyed by Zacks expected $1.67 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CP at https://www.zacks.com/ap/CP
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https://www.expressnews.com/business/article/Canadian-Pacific-Q2-Earnings-Snapshot-17334658.php
| 2022-07-28T13:21:54
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en
| 0.946357
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FLINT, Mich. (WJRT) - Hurley Medical Center has diagnosed a patient with Legionella pneumonia, which is also known as Legionnaires' disease.
Hurley says it is investigating the home environment of the patient and is working with the state and county health departments to find any potential health care-related exposures.
Hospitals are required to have water safety plans to assure awareness of any legionella.
The Genesee County Health Department is asking anyone who was a patient or visited Hurley Medical Center since July 12 to monitor themselves for any symptoms for 14 days after your last visit.
Symptoms often look like pneumonia. Legionnaires' patients also can be suffering from fever, fatigue, cough, chest pain and shortness of breath.
Health experts say there was an average of 26 cases of Legionnaires' disease reported in Genesee County residents each year from 2017 to 2021. The illness is more prevalent in hot summer months.
People in the city of Flint are familiar with the disease. A dozen people died in a Legionnaire's outbreak in 2014 during the city's water crisis.
Michigan's solicitor general, who is leading the Flint water investigation, acknowledged there likely are many more deaths caused by the water crisis.
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https://www.abc12.com/news/health/patient-at-hurley-medical-center-diagnosed-with-legionnaires-disease/article_6ef4aa52-0e75-11ed-9eef-db7fa030c856.html
| 2022-07-28T13:21:57
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en
| 0.969683
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GLEN HEAD, N.Y. (AP) _ The First of Long Island Corp. (FLIC) on Thursday reported second-quarter earnings of $12.5 million.
The bank, based in Glen Head, New York, said it had earnings of 54 cents per share.
The holding company for The First National Bank of Long Island posted revenue of $35.9 million in the period. Its revenue net of interest expense was $32.7 million, exceeding Street forecasts.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FLIC at https://www.zacks.com/ap/FLIC
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https://www.myjournalcourier.com/business/article/The-First-of-Long-Island-Q2-Earnings-Snapshot-17334697.php
| 2022-07-28T13:21:58
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en
| 0.929352
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Motorola Razr 2022 specs finally revealed
The Motorola Razr 2022 is set to make its Chinese debut next week. This is just one of a number of notable smartphone launches scheduled to take place in August. Unlike the Galaxy Z Flip 4 and Galaxy Z Fold 4 (which Samsung will unveil on August 10th), the Motorola Razr 2022 is still shrouded in (some) mystery.
Motorola originally spilled the tea on Weibo, a popular Chinese microblogging website. In a blog post, a number of the technical speculations of the Razr 2022 were finally confirmed. Notably, we now know for certain that the new Razr will be powered by the Snapdragon 8 Plus Gen 1, Qualcomm’s latest and greatest SoC.
With this new Snapdragon chipset, performance should be top of the line, allowing the Razr to effectively stand its ground against the Flip 4, its biggest competitor. Additionally, Motorola confirmed in another post on Weibo that the Razr 2022 will be featuring a 3500mAh battery. This is an increase of 700mAh over the battery of its predecessor and of 200mAh over the battery of the Samsung’s Flip 4.
These figures, coupled with the optimized power efficiency of the Snapdragon 8 Plus Gen 1, means that users can expect respectable battery life from the new Moto Razr. By the looks of it, the Moto Razr 2022 is set to take the world by storm.
Oh, wait. Actually… The Moto Razr 2022 still has no global release date. For the time being, we only know that the Chinese launch will take place on August 2nd. Let’s hope that it will not end there and then.
Up to this point, we had only small bits and pieces of information and little concrete facts. This ends today, however, as a chief Motorola executive has finally shed some light on the company’s much-anticipated clamshell foldable. The information was first covered in an article by Android Authority.
Motorola originally spilled the tea on Weibo, a popular Chinese microblogging website. In a blog post, a number of the technical speculations of the Razr 2022 were finally confirmed. Notably, we now know for certain that the new Razr will be powered by the Snapdragon 8 Plus Gen 1, Qualcomm’s latest and greatest SoC.
This is not entirely surprising given the benchmarks that we saw earlier this week, but still represents a welcome move on Motorola’s part. Most foldable enthusiasts have wanted to see the Moto Razr enter flagship territory in terms of specs for quite some time. All previous generations of the smartphone had lackluster internals.
With this new Snapdragon chipset, performance should be top of the line, allowing the Razr to effectively stand its ground against the Flip 4, its biggest competitor. Additionally, Motorola confirmed in another post on Weibo that the Razr 2022 will be featuring a 3500mAh battery. This is an increase of 700mAh over the battery of its predecessor and of 200mAh over the battery of the Samsung’s Flip 4.
These figures, coupled with the optimized power efficiency of the Snapdragon 8 Plus Gen 1, means that users can expect respectable battery life from the new Moto Razr. By the looks of it, the Moto Razr 2022 is set to take the world by storm.
Oh, wait. Actually… The Moto Razr 2022 still has no global release date. For the time being, we only know that the Chinese launch will take place on August 2nd. Let’s hope that it will not end there and then.
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https://www.phonearena.com/news/Motorola-Razr-2022-specs-finally-revealed_id141563
| 2022-07-28T13:22:00
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en
| 0.940696
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PHILADELPHIA (AP) _ Carpenter Technology Corp. (CRS) on Thursday reported fiscal fourth-quarter net income of $2.6 million, after reporting a loss in the same period a year earlier.
The Philadelphia-based company said it had profit of 5 cents per share. Earnings, adjusted for non-recurring gains, came to less than 1 cent on a per-share basis.
The maker of stainless steels and special alloys posted revenue of $563.8 million in the period.
For the year, the company reported that its loss narrowed to $49.1 million, or $1.01 per share. Revenue was reported as $1.84 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CRS at https://www.zacks.com/ap/CRS
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https://www.expressnews.com/business/article/Carpenter-Fiscal-Q4-Earnings-Snapshot-17334678.php
| 2022-07-28T13:22:01
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| 0.950033
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A 170-carat pink diamond discovered in Angola may be the largest such gemstone found in 300 years, according to Australian miner Lucapa Diamond Company.
Named the "Lulo Rose," the diamond was found at the Lulo alluvial diamond mine in the Lunda Norte region of Angola in Africa, the company said in a statement on Wednesday, with its partners, state-run diamond miner Endiama and Rosas & Petalas, a private Angolan company.
Angola's mines are among the world's top ten producers of diamonds, according to the Gemological Institute of America, which researches diamond production. In alluvial diamond mining, stones are recovered from gravel and sand found on riverbeds.
Only one in 10,000 diamonds found are colored, according to Stephen Wetherall, managing director of the Lucapa Diamond Company.
"And only one in every 100 diamonds is greater than 10.8 carats in size, so recovering a 170-carat pink diamond means we are dealing with an extremely rare article," Wetherall told CNN.
"We have recovered pink diamonds before, but finding one this size is extremely rare," he said.
The pink gemstone is expected be auctioned by the Angolan state diamond marketing company, Sodiam. Wetherall declined to give an estimate of its worth because the diamond is still being examined and valued.
The Angolan government also hailed the "historic" recovery of the gem.
"The record and spectacular pink diamond recovered from Lulo continues to showcase Angola as an important player on the world stage for diamond mining and demonstrates the potential and rewards for commitment and investment in our growing diamond mining industry," said Diamantino Azevedo, Angola's minister of mineral resources, petroleum and gas.
Large colored diamonds have fetched record-high prices at auctions in recent years. Last April, 15.10-carat "The De Beers' Cullinan Blue" diamond sold for $57.5 million at an auction by Sotheby's in Hong Kong. It only narrowly missed beating the record set by the 14.62-carat "Oppenheimer Blue" diamond, which fetched just shy of an extra $70,000, when it sold in 2016.
Angola's biggest diamond, dubbed the "4th February Stone," was recovered from the Lulo mine in February 2016, according to Lucapa. The 404.2-carat stone sold for $16 million.
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https://www.abc12.com/news/international/at-170-carats-this-may-be-the-largest-pink-diamond-found-in-300-years/article_eb3e077c-6b77-5fa7-908c-a3e007b9e3df.html
| 2022-07-28T13:22:04
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| 0.946913
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ASUS ZenFone 9 breaks cover: Compact flagships are not dead
ASUS has just announced the ASUS ZenFone 9, a brand new phone that aims to prove that compact flagships aren't dead yet. With its compact, sub-6" size and powerful hardware, this phone could shape up as the antithesis to the ever-increasing size and heft of modern flagships.
The 5.9" phone comes with a Qualcomm Snapdragon 8+ Gen 1 inside, hinting at superior performance, but what else is making the specs sheet? We shall see!
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https://www.phonearena.com/news/asus-zenfone-9-official-compact-powerhouse_id141564
| 2022-07-28T13:22:04
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| 0.933581
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NOVI, Mich. (AP) _ The Shyft Group, Inc. (SHYF) on Thursday reported second-quarter net income of $5.3 million.
On a per-share basis, the Novi, Michigan-based company said it had net income of 15 cents. Earnings, adjusted for one-time gains and costs, were 21 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share.
The maker of chassis for Last Mile Delivery, RVs and other vehicles posted revenue of $232.2 million in the period.
The Shyft Group expects full-year earnings in the range of 85 cents to $1.41 per share, with revenue in the range of $925 million to $1.1 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SHYF at https://www.zacks.com/ap/SHYF
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https://www.myjournalcourier.com/business/article/The-Shyft-Group-Q2-Earnings-Snapshot-17334593.php
| 2022-07-28T13:22:04
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| 0.941961
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Google's Pixel 6a is now up for grabs at Best Buy with a nice deal sweetener
We may earn a commission if you make a purchase from the links on this page.
Whether you consider the Pixel 6a yet another missed opportunity for Google to shine bright in its fight against Apple (and key strategic partner Samsung) or a heavyweight contender for this year's Android value champion title, there's clearly an audience for an affordable 5G-enabled mid-ranger powered by the same processor as 2021's Pixel 6 and 6 Pro.
Said audience may have jumped at the chance to pre-order the $449 "pure" Android 12 handset with stellar software support and awesome cameras last week in order to score a complimentary pair of Pixel Buds A-Series... unless, of course, you don't really need middling new true wireless earbuds sans active noise cancellation.
If that's the case, it might be a better idea to purchase the 6.1-inch Pixel 6a in your favorite color from Best Buy right now and get a free $50 gift card. That's technically less valuable than what Amazon offered in terms of a pre-order freebie, but it does allow you to save a few bucks on a multitude of different products available at Best Buy.
Google's Pixel 6a is officially shipping across the nation starting today, mind you, and this particular launch deal is scheduled to run through August 7 with pretty much no strings attached and no special requirements... apart from your standard valid e-mail address.
The device manufacturer and search giant itself is holding an essentially identical sale on its website until August 7, throwing in $50 Google Store credit with all Pixel 6a purchases, while Amazon is unfortunately not offering anything special anymore with your 450 bucks.
Of course, you can always go the carrier route instead and score considerably heftier discounts from Verizon, T-Mobile, or AT&T with new lines, select unlimited plans, monthly installments, and/or device trade-ins. But if you'd rather get a completely unlocked unit you can move around at will, Best Buy is probably your number one option at the time of this writing.
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https://www.phonearena.com/news/google-pixel-6a-best-buy-available-launch-deal-free-gift-card_id141565
| 2022-07-28T13:22:05
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en
| 0.93279
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CALGARY, Alberta (AP) _ Cenovus Energy Inc. (CVE) on Thursday reported second-quarter net income of $1.91 billion.
On a per-share basis, the Calgary, Alberta-based company said it had net income of 93 cents.
The oil company posted revenue of $15.02 billion in the period.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CVE at https://www.zacks.com/ap/CVE
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https://www.expressnews.com/business/article/Cenovus-Q2-Earnings-Snapshot-17334760.php
| 2022-07-28T13:22:07
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en
| 0.925664
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The future of two American citizens detained in Russia could hinge on the release of a convicted Russian arms dealer, nicknamed the "Merchant of Death" by his accusers, whose life story inspired a Hollywood film.
Viktor Bout, a former Soviet military officer, is currently serving a 25-year prison sentence in the United States on charges of conspiring to kill Americans, acquire and export anti-aircraft missiles, and provide material support to a terrorist organization. Bout has maintained he is innocent.
The Kremlin has long called for Bout's release, slamming his sentencing in 2012 as "baseless and biased."
CNN reported Wednesday that the Biden administration offered Bout up in a potential swap for American basketball star Brittney Griner and former US Marine Paul Whelan, according to people briefed on the matter.
On the same day, Griner testified in Russian court as part of her ongoing trial on drug charges following her February arrest at a Moscow airport. Whelan was arrested on alleged espionage charges in 2018 and sentenced to 16-years in prison in a trial that US officials have called unfair.
Their families have urged the White House to secure their release, including via prisoner exchange if necessary. Now, at the center of that bid is Bout, a man who eluded international arrest warrants and asset freezes for years.
The Russian businessman, who speaks six languages, was arrested in a sting operation in 2008 led by U.S. drug enforcement agents in Thailand posing as the Revolutionary Armed Forces of Colombia, known by the acronym FARC. He was eventually extradited to the US in 2010 after a protracted court proceeding.
"Viktor Bout has been international arms trafficking enemy number one for many years, arming some of the most violent conflicts around the globe," said Preet Bharara, the U.S. attorney in Manhattan when Bout was sentenced in New York in 2012.
"He was finally brought to justice in an American court for agreeing to provide a staggering number of military-grade weapons to an avowed terrorist organization committed to killing Americans."
The trial honed in on Bout's role in supplying weapons to FARC, a guerrilla group that waged an insurgency in Colombia until 2016. The US said the weapons were intended to kill U.S. citizens.
But Bout's history in the arms trade extended much further afield. He has been accused of assembling a fleet of cargo planes to traffic military-grade weapons to conflict zones around the world since the 1990s, fueling bloody conflicts from Liberia to Sierra Leone and Afghanistan.
Allegations of trafficking activities in Liberia prompted U.S. authorities to freeze his American assets in 2004 and blocked any U.S. transactions.
Bout has repeatedly maintained that he operated legitimate businesses and acted as a mere logistics provider. He is believed to be in his 50s, with his age in dispute because of different passports and documents.
"His early days are a mystery," Douglas Farah, a senior fellow at the International Assessment and Strategy Center who co-authored a book on Bout, told CNN in 2010.
Farah told Mother Jones magazine in 2007 that according to his multiple passports, Bout was born in 1967 in Dushanbe, Tajikistan, the son of a bookkeeper and an auto mechanic. He said that Bout graduated from the Military Institute on Foreign Languages, a well-known feeder school for Russian military intelligence.
"He was a Soviet officer, most likely a lieutenant, who simply saw the opportunities presented by three factors that came with the collapse of the USSR and the state sponsorship that entailed: abandoned aircraft on the runways from Moscow to Kiev, no longer able to fly because of the lack of money for fuel or maintenance; huge stores of surplus weapons that were guarded by guards suddenly receiving little or no salary; and the booming demand for those weapons from traditional Soviet clients and newly emerging armed groups from Africa to the Philippines," Farah told the magazine.
Bout has said that he worked as a military officer in Mozambique. Others have said it was actually Angola, where Russia had a large military presence at the time, Farah told CNN. He first became known when the United Nations began investigating him in the early-to-mid 1990s and the United States began to get involved.
Bout -- who reportedly has used names including "Victor Anatoliyevich Bout," "Victor But," "Viktor Butt," "Viktor Bulakin" and "Vadim Markovich Aminov" -- is thought to have been the inspiration for the arms-dealer character played by Nicolas Cage in the 2005 movie "Lord of War."
In 2002, CNN's Jill Dougherty met with Bout in Moscow. She asked him about allegations against him -- did he sell arms to the Taliban? To al Qaeda? Did he supply rebels in Africa and get paid in blood diamonds? -- and he denied each claim.
"It's a false allegation and it's a lie," he said. "I've never touched diamonds in my life and I'm not a diamond guy and I don't want that business."
"I'm not afraid," he told Dougherty. "I didn't do anything in my life I should be afraid of."
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https://www.abc12.com/news/international/who-is-viktor-bout-russian-arms-dealer-known-as-the-merchant-of-death/article_a3956822-a838-5a82-ae03-c673373f8c02.html
| 2022-07-28T13:22:10
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en
| 0.980607
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PORTSMOUTH, Va. (AP) _ TowneBank (TOWN) on Thursday reported net income of $46.5 million in its second quarter.
The bank, based in Portsmouth, Virginia, said it had earnings of 64 cents per share.
The community bank posted revenue of $177.8 million in the period. Its revenue net of interest expense was $167 million, topping Street forecasts.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TOWN at https://www.zacks.com/ap/TOWN
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https://www.myjournalcourier.com/business/article/TowneBank-Q2-Earnings-Snapshot-17334698.php
| 2022-07-28T13:22:10
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en
| 0.954413
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SANDUSKY, Ohio (AP) _ Civista Bancshares Inc. (CIVB) on Thursday reported second-quarter profit of $7.7 million.
The bank, based in Sandusky, Ohio, said it had earnings of 53 cents per share.
The bank holding company posted revenue of $31.7 million in the period. Its revenue net of interest expense was $29.9 million, which fell short of Street forecasts.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CIVB at https://www.zacks.com/ap/CIVB
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https://www.expressnews.com/business/article/Civista-Bancshares-Q2-Earnings-Snapshot-17334694.php
| 2022-07-28T13:22:13
|
en
| 0.944087
|
A 7-year-old girl from Georgia camping with her family in Great Smoky Mountains National Park was killed Wednesday when a tree fell on their campsite, park officials said.
Rangers responded to an emergency call at the Elkmont Campground in Tennessee at 12:30 a.m. Wednesday, the park said in a news release.
A large red maple tree that was about 2 feet in diameter fell on the family's tent, the release said. The girl's father and two siblings were not injured.
The park closed the campsite and adjacent campsites as a precaution, officials said.
Great Smoky Mountains National Park spans the border between North Carolina and Tennessee. It's known for its diversity in plant and animal life, and is the country's most-visited national park, according to its website.
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https://www.abc12.com/news/national/7-year-old-killed-after-a-tree-fell-on-familys-tent-in-great-smoky-mountains/article_916786b2-80ea-55b8-aa85-3f39a6b78ef3.html
| 2022-07-28T13:22:16
|
en
| 0.973503
|
BLOOMFIELD HILLS, Mich. (AP) _ TriMas Corp. (TRS) on Thursday reported profit of $19.9 million in its second quarter.
The Bloomfield Hills, Michigan-based company said it had profit of 47 cents per share. Earnings, adjusted for one-time gains and costs, came to 60 cents per share.
The maker of packaging materials, aerospace components and other engineered parts posted revenue of $237.7 million in the period.
TriMas expects full-year earnings in the range of $2.25 to $2.35 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TRS at https://www.zacks.com/ap/TRS
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https://www.myjournalcourier.com/business/article/TriMas-Q2-Earnings-Snapshot-17334646.php
| 2022-07-28T13:22:16
|
en
| 0.933552
|
ATHENS, Greece (AP) _ Diana Shipping inc. (DSX) on Thursday reported second-quarter net income of $35.6 million.
The Athens, Greece-based company said it had net income of 42 cents per share.
The shipping company posted revenue of $74.5 million in the period. Its adjusted revenue was $73.5 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DSX at https://www.zacks.com/ap/DSX
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https://www.expressnews.com/business/article/Diana-Shipping-Q2-Earnings-Snapshot-17334707.php
| 2022-07-28T13:22:19
|
en
| 0.930294
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A grand jury in Lake County, Illinois, has returned 117 felony counts against Robert E. Crimo III, the man accused of shooting into a crowd during a July 4th parade in Highland Park, killing seven people and woounding dozens of others.
Crimo, 21, is charged with 21 counts of first-degree murder, three counts for each deceased victim.
He also is charged with 48 counts of attempted murder and 48 counts of aggravated battery with a firearm for each victim who was struck by a bullet, bullet fragment or shrapnel, a release from the Lake County State's Attorney's Office said.
CNN has reached out to Crimo's attorney for comment.
"I want to thank law enforcement and the prosecutors who presented evidence to the grand jury today. Our investigation continues, and our victim specialists are working around the clock to support all those affected by this crime that led to 117 felony counts being filed today," State's Attorney Eric Rinehart said in the release.
Crimo is expected to appear in person in court on August 3 for his arraignment, the release said. He has been held without bail since being arrested during a traffic stop hours after the shooting.
Crimo voluntarily admitted to authorities he emptied two 30-round magazines before loading his weapon with a third and firing again, Lake County Assistant State's Attorney Ben Dillon said earlier this month during a virtual bail hearing. If convicted on first-degree murder charges, Crimo faces a maximum sentence of life in prison.
Authorities have said they have not learned the suspected shooter's motive.
According to state police, Crimo bought rifles and other guns between June 2020 and September 2021. He passed four background checks, including checks of the federal National Instant Criminal Background Check System.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
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https://www.abc12.com/news/national/highland-park-shooting-suspect-has-been-indicted-on-117-counts-by-a-grand-jury/article_309e6598-28bb-51a9-afdc-cf719b5de053.html
| 2022-07-28T13:22:22
|
en
| 0.979177
|
CHARLESTON, W.Va. (AP) _ United Bankshares Inc. (UBSI) on Thursday reported net income of $95.6 million in its second quarter.
The bank, based in Charleston, West Virginia, said it had earnings of 71 cents per share.
The holding company for United Bank posted revenue of $271.4 million in the period. Its revenue net of interest expense was $258.5 million, which beat Street forecasts.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UBSI at https://www.zacks.com/ap/UBSI
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https://www.myjournalcourier.com/business/article/United-Bankshares-Q2-Earnings-Snapshot-17334635.php
| 2022-07-28T13:22:23
|
en
| 0.94915
|
MOUNTLAKE TERRACE, Wash. (AP) _ FS Bancorp Inc. (FSBW) on Thursday reported second-quarter net income of $6.7 million.
The bank, based in Mountlake Terrace, Washington, said it had earnings of 83 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 80 cents per share.
The bank holding company posted revenue of $31.3 million in the period. Its revenue net of interest expense was $29.1 million, which also beat Street forecasts.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FSBW at https://www.zacks.com/ap/FSBW
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https://www.expressnews.com/business/article/FS-Bancorp-Q2-Earnings-Snapshot-17334655.php
| 2022-07-28T13:22:25
|
en
| 0.953142
|
In the Fall of 2018, Hunter Biden received a quick succession of emails from his accountant: They were all about his taxes.
"They are late," Bill Morgan told his client in October, noting that Biden had missed an already extended deadline of October 15.
"Your 2017 tax returns are still unfiled," the accountant reminded Biden two weeks later.
"You need to get 2017 filed so we can try to work out a payment schedule," he added the following day.
Morgan also noted in that email that Biden's assistant had sent him a copy of an IRS notice from 2015. "They want $158,000," the accountant wrote. "IRS has notified the State Department and they will not renew your passport until this is resolved."
Welcome to the dysfunctional world of Hunter Biden's finances. While the general topic of the President's son's financial troubles has been widely reported, the details surrounding his past filings may offer a glimpse into some of the areas federal investigators are delving into as part of an ongoing probe into possible tax violations and other crimes that is nearing a critical juncture. Prosecutors, sources say, could make a decision soon on whether to file criminal charges against the President's son.
Hunter Biden's legal jeopardy has been leveraged by Republicans seeking to accuse his father, President Joe Biden, of being complicit in his alleged wrongdoing. Republicans expect, should they regain control of the House, to investigate the Biden family through committees they will control.
Biden has denied any wrongdoing and has said he has cooperated with investigators. His father is not implicated in the ongoing federal investigation, according to sources who have been briefed on the matter.
CNN hired a cyber forensics expert to help authenticate a cache of emails related to Hunter Biden's finances that were posted on the internet by a former Trump White House aide and allegedly traced back to a laptop that turned up at a Delaware repair shop.
Information from the laptop has fueled countless stories about Biden's drug abuse, alleged sexual indiscretions and money trouble, many of which CNN -- and other media outlets -- have not been able to verify. Biden has not directly commented on the authenticity of the emails or the stories upon which they are based. He told CBS News last year he did not know if that laptop was his.
Jake Williams, a former National Security Agency operative, who analyzed the emails for CNN, said he was able to authenticate a subset of the emails because they contained verified signatures within their metadata that showed they had not been modified. Only emails he authenticated are cited in this report.
Williams, who previously examined data from the laptop for The Washington Post, said the majority of emails he reviewed for CNN could not be verified because they lacked sufficient technical data necessary for the validation process, among other reasons.
CNN's review of emails showed that Biden struggled with tax issues for years and that his accountant at times seemed at a loss to keep track of the flow of Biden's money. In one email, his accountant raised a question about a $550,000 receipt, asking whether it should be recorded as a loan or income from Burisma, the Ukrainian energy company on whose board Biden served. No response from Biden is shown on that email chain.
Biden received as much as $50,000 a month for serving on Burisma's board from 2014 to 2019, according to a Republican-led Senate report on his business activities.
Despite that lavish income, Biden's debts piled up, even as he received repeated warnings from his bank, his accountant and others.
"Insufficient funds," read an automated Wells Fargo email Biden received in December 2018 that stated one of his accounts lacked $1,700 for a payment on a Porsche. Other bank alerts that year warned that Biden's checking account had a "low balance" and that one of his credit cards had risen above its "pre-set amount" of $65,000.
Attempted charges to another credit card were repeatedly declined due to deficient funds, multiple emails in 2018 and 2019 show.
"I am trying to figure out what to do about bills," Biden's then-assistant emailed him on December 28, 2018. She listed a series of payments Biden owed, including health insurance, a car payment and her salary.
"Pay the health care. Pay the Porsche," Biden responded, though he said she should pay herself half of the salary she said she was owed. Biden also complained that someone else was still getting a cut of what he said he was personally owed by Burisma. "So there's not much income coming through these days," he told her.
By March 2019, Biden's bills, debts and back taxes totaled more than half a million dollars, according to another email from his assistant.
"Please let me know if there is a new plan for paying these bills," the assistant wrote to him in that message, noting he still owed about $370,000 worth of taxes and $120,000 in other bank debt.
Biden's assistant did not respond to multiple requests for comment.
Biden's attorney, Chris Clark, said his client has now "fully paid" his IRS tax debts. Clark added that 2018 and 2019 were difficult times for Biden, who struggled with alcohol and drug addiction after the death of his brother Beau. It is unclear how far back prosecutors may be looking into Biden's tax woes, which according to the emails, date as far back as 2015 and continued into 2019.
"He is current on his tax obligations and is committed to remaining so as he continues his recovery from addiction," Clark said.
During some of the same months that Biden's accountant messaged him about taxes owed, Biden made large cash withdrawals, emails show. He withdrew about $4,800 from ATMs in roughly two weeks in October 2018, for example.
Biden's ex-wife, Kathleen Buhle, wrote a recent memoir chronicling the rockiness of the couple's finances when they were married. "More than once my debit card was declined at a store. I'd have to call Hunter to transfer money into my account," she wrote in her memoir published earlier this year. "Hunter and I drove nice cars and had a beautiful home, but we were running fast on that hamster wheel and barely staying on."
In 2018, Buhle wrote to Morgan, the accountant, who has since died, seeking advice about an IRS tax lien based on an unpaid bill of $112,805.
Buhle said she was at "a loss" and asked Morgan to "Please advise."
In his own book, "Beautiful Things," published last year, Hunter Biden wrote candidly about his addictions. He told NPR he wrote the book to give hope to others who have struggled with substance abuse. He shared that paychecks he received for sitting on the board of the Ukrainian natural gas company Burisma provided him with cash for crack cocaine.
"But by that mad, bad end, the board fee had morphed into a wicked sort of funny money," Biden wrote. "It hounded me to spend recklessly, dangerously, destructively. Humiliatingly. So I did."
He was continuing to make amends, "both figurative and literal," he wrote. "I still have a ton of work to do on myself, with my addiction, and clearing the wreckage of my past."
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https://www.abc12.com/news/national/hunter-biden-had-a-high-end-income-and-lavish-lifestyle-but-he-struggled-with-tax/article_801678f3-d513-5c61-91bc-2f019df39a4c.html
| 2022-07-28T13:22:28
|
en
| 0.990428
|
WEST DES MOINES, Iowa (AP) _ West Bancorp Inc. (WTBA) on Thursday reported earnings of $12.7 million in its second quarter.
On a per-share basis, the West Des Moines, Iowa-based company said it had profit of 75 cents.
The holding company for West Bank posted revenue of $31.2 million in the period. Its adjusted revenue was $26.5 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WTBA at https://www.zacks.com/ap/WTBA
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https://www.myjournalcourier.com/business/article/West-Bancorp-Q2-Earnings-Snapshot-17334690.php
| 2022-07-28T13:22:29
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en
| 0.948173
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MATTOON, Ill. (AP) _ First Mid-Illinois Bancshares Inc. (FMBH) on Thursday reported second-quarter profit of $17.8 million.
The Mattoon, Illinois-based bank said it had earnings of 86 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, were 90 cents per share.
The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 91 cents per share.
The bank holding company posted revenue of $69.8 million in the period. Its revenue net of interest expense was $65.4 million, also falling short of Street forecasts. Three analysts surveyed by Zacks expected $65.6 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FMBH at https://www.zacks.com/ap/FMBH
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https://www.expressnews.com/business/article/First-Mid-Illinois-Q2-Earnings-Snapshot-17334643.php
| 2022-07-28T13:22:32
|
en
| 0.954621
|
Robb Elementary Principal Mandy Gutierrez defended herself Wednesday against criticism about her handling of school security before the massacre that left 19 children and two teachers dead.
In an exclusive interview with CNN, Gutierrez was asked whether she agreed with a legislative report that cited a "culture of non-compliance with safety policies" at the school.
"Absolutely not," Gutierrez said in response.
"Anytime that an alert went out, every single teacher on that campus took it to mean it could be a potential escalating situation," she said.
Gutierrez said she immediately initiated a lockdown with an app called Raptor after hearing that an armed man had jumped a school fence.
"I feel that I followed the training that I was provided with to the best of my abilities," she said when asked whether she felt she should lose her job. "And I will second-guess myself for the rest of my life."
Texas Department of Public Safety Director Col. Steven McCraw last month called the police response an "abject failure." He placed sole blame for the failure to engage the gunman on school district police chief Pedro "Pete" Arredondo, who officials have identified as the on-scene commander.
Arredondo, who is on unpaid administrative leave, has previously said that he did not consider himself to be incident commander that day.
Asked about the law enforcement delay in confronting the shooter, Gutierrez said she is frustrated but not in a position to find fault.
"I'm not law enforcement and I cannot pass judgment and tell them how to do their jobs, just like I would not ask them to tell me how to do mine," she said. "I don't feel that I'm in a position to blame anyone."
Gutierrez added, "I would blame things that are out of my circle of control, which is I don't get to make the laws. So I don't get to, I don't get to decide how old you have to be to purchase a firearm. I don't get to decide how many rounds of ammunition somebody can purchase. I don't get to determine the amount of security that we have available on campus."
Principal was 'under the impression that my staff and my students were all safe'
The principal said she prayed during the shootings and siege that followed.
"I wanted everyone to exit safely," she said. "I did not want to leave until I was reassured that all of my staff and all of my students were out and safe. Up until that very last moment, I was still under the impression that my staff and my students were all safe."
Gutierrez has been placed on administrative leave with pay, according to her attorney, Ricardo Cedillo.
The school board did not comment on her leave at a Monday meeting. Gutierrez, who started as a fourth grade teacher in 2008, has worked for Uvalde CISD for more than two decades.
In a letter to members of the House Committee that investigated the shooting, Gutierrez disputed several of their findings. She said the door to room 111 -- one of two classroom where the victims were killed -- was checked by custodial staff every evening, including the night before the shooting.
She also wrote she has no recollection of the teacher in that room complaining about the door not locking, according to the letter, which was released by her attorney Wednesday.
"What I know for a fact is that the door to room 111 did in fact lock," she said in the interview. "And the reason I know that is we conduct regular walk throughs of the campus and I have myself used my master key to unlock that door."
Arnulfo Reyes, who taught in room 111, told CNN that Gutierrez's claims in her letter about the door locking mechanism are not entirely accurate. He said he did not complain about the door being locked, but rather about the door getting jammed or stuck throughout the day.
Reyes said he complained about the door getting jammed several times over three years. Reyes said the door was locked during the day and was normally locked when he arrived at the school. Asked if he remembers the door being locked the day of the shooting, Reyes said he does not recall.
Gutierrez in her letter acknowledged problems with spotty Wi-Fi at Robb. She wrote that she did not use the PA system the day of the shooting because her training was that its use could "create a panic."
She denied the existence of a "culture of complacency" at the school and said it's "unfair & inaccurate" to conclude she was complacent about security.
Gutierrez said in the letter she "will live with the horror of these events for the rest of my life" and that she wants to keep her job "to be on the front lines helping children who survived, the families of all affected, and the entire Uvalde community."
State Rep. Dustin Burrows, the committee chairman, said in a statement that he had not received Gutierrez's letter.
"The committee relied upon the testimony of interviews of multiple employees of the Uvalde CISD (including staff and administration) and the Uvalde CISD Police Department in coming to its conclusions related to the practices that took place at Robb Elementary School," Burrows said.
A spokesperson for the Uvalde Consolidated Independent School District, citing a high volume of media requests, asked for at least two days to respond.
Report says principal and administrators knew about faulty lock
Gutierrez's leave came as Uvalde officials sought to reassure frustrated parents about the safety of their children when classes resume.
The Uvalde massacre was America's deadliest school shooting since 2012.
The legislative committee report on the May 24 school shooting cited Robb Elementary's "culture of non-compliance with safety policies," including its failure to adequately prepare for the risk of an armed intruder and the common practice of leaving doors unlocked.
The report said Gutierrez and school administrators knew a lock to one of the classrooms where the killings occurred did not work properly and failed to repair it.
The day of the shooting, Gutierrez was in her office after an awards ceremony and attempted to initiate a lockdown on the Raptor app but "had difficulty making the alert because of a bad wi-fi signal," according to the legislative report. She also did not attempt to "communicate the lockdown alert over the school's intercom," the report said.
School personnel "frequently propped doors open and deliberately circumvented locks," according to the legislative report. This behavior was "tacitly condoned" by school administrators and district police -- and not treated as "serious infractions."
Locking doors as required could have slowed the gunman's "progress for a few precious minutes—long enough to receive alerts, hide children, and lock doors; and long enough to give police more opportunity to engage and stop the attacker before he could massacre 19 students and two teachers," the Texas House report stated.
Legislators also faulted the police response and the failure of school officials and others to heed numerous warning signs about the shooter. Their report said state and federal officers on scene were equally culpable for the delay in confronting the shooter.
Uvalde school officials on Monday disclosed efforts to improve security when classes resume early next month. Plans include the installation of bulletproof windows and metal detectors, the hiring of 10 additional police officers, and the identification of one point of entry for each school. Five officers were employed by the district at the time of the shooting, according to the legislative report.
The-CNN-Wire
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https://www.abc12.com/news/national/i-will-second-guess-myself-for-the-rest-of-my-life-uvalde-principal-says-of/article_c69bc41e-e009-58c2-8467-f876d284729f.html
| 2022-07-28T13:22:34
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en
| 0.986763
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ADDISON, Texas (AP) _ Wingstop Inc. (WING) on Thursday reported second-quarter profit of $13.3 million.
On a per-share basis, the Addison, Texas-based company said it had net income of 44 cents. Earnings, adjusted for non-recurring costs, were 45 cents per share.
The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 35 cents per share.
The restaurant chain posted revenue of $83.8 million in the period, missing Street forecasts. Ten analysts surveyed by Zacks expected $84.8 million.
Wingstop expects full-year earnings to be $1.55 to $1.57 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WING at https://www.zacks.com/ap/WING
|
https://www.myjournalcourier.com/business/article/Wingstop-Q2-Earnings-Snapshot-17334673.php
| 2022-07-28T13:22:35
|
en
| 0.941973
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MONTERREY N.L., Mexico (AP) _ Fomento Economico Mexicano SAB (FMX) on Thursday reported second-quarter profit of $381.6 million.
On a per-share basis, the Monterrey N.l., Mexico-based company said it had net income of $1.10.
The Coca-Cola bottler posted revenue of $8.37 billion in the period.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FMX at https://www.zacks.com/ap/FMX
|
https://www.expressnews.com/business/article/Fomento-Economico-Q2-Earnings-Snapshot-17334720.php
| 2022-07-28T13:22:38
|
en
| 0.886533
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