REGINA, Saskatchewan, May 05, 2021 (GLOBE NEWSWIRE) -- Information Services Corporation (TSX:ISV) (“ISC” or the “Company”) today reported on the Company’s financial results for the first quarter ended March 31, 2021. 2021 First Quarter Highlights Revenue was $39.1 million, an increase of $9.6 million or 32.3 per cent compared to the first quarter of 2020.Net income was $5.5 million or $0.31 per basic and diluted share, an increase of $2.0 million compared to the first quarter of 2020 when net income was $3.5 million or $0.20 per basic and diluted share.EBITDA (earnings before interest, taxes, depreciation and amortization expense) was $11.9 million compared to $7.8 million in the same quarter last year, an increase of $4.1 million or 52.0 per cent.The EBITDA margin for the first quarter of 2021 was 30.3 per cent compared to 26.5 per cent in the same quarter in 2020. Adjusted EBITDA was $14.8 million for the quarter compared to $7.9 million in the same quarter last year, with an adjusted EBITDA margin of 37.7 per cent for the quarter compared to 26.8 per cent in the first quarter of 2020.Free cash flow of $8.9 million compared to $6.4 million in Q1 2020. Financial Position as at March 31, 2020 Cash of $30.4 million compared to $33.9 million as at December 31, 2020.Total debt of $71.3 million compared to $76.3 million as at December 31, 2020. Commenting on ISC’s results, Jeff Stusek, President and CEO stated, “Our financial performance for the first quarter of 2021 was very strong, building on the strength we experienced in the third and fourth quarters of 2020. While the impact of the COVID-19 pandemic was evident in our second quarter last year, our business has performed remarkably well since that time. The robust year-over-year performance of our three segments is due to a combination of strength in specific economic drivers in Registry Operations, focus on new customer acquisition and growth in Services, and successful delivery and implementation of technology in Technology Solutions. This has been paired with continued cost management across all areas of our business. We remain confident in the strength and long-term potential of the business, but at this point, given the continued uncertainty surrounding the duration and potential outcomes of the COVID-19 pandemic, we will not be providing formal financial guidance for the year.” Management’s Discussion of ISC’s Summary of 2021 First Quarter Financial Results (thousands of CAD dollars; except earnings per shareand where noted)Three MonthsEnded March 31, 2021 Three Months Ended March 31, 2020 Revenue Registry Operations$ 19,200 $15,531 Services 16,237 11,844 Technology Solutions 3,711 2,220 Corporate and other - 1 Consolidated revenue$ 39,148 $29,596 Consolidated expenses$ 31,024 24,521 Consolidated EBITDA1$ 11,869 $7,834 Consolidated EBITDA margin1 (% of revenue) 30.3% 26.5% Consolidated adjusted EBITDA1$ 14,752 $7,945 Consolidated adjusted EBITDA margin1 37.7% 26.8% Consolidated net income$ 5,497 $3,470 Earnings per share (basic)1$ 0.31 $0.20 Earnings per share (diluted)1$ 0.31 $0.20 Free cash flow1$ 8,878 $6,370 1 EBITDA, EBITDA margin, adjusted EBITDA and adjusted EBITDA margin and free cash flow are not recognized as measures under IFRS and do not have a standardized meaning prescribed by IFRS and, therefore, they may not be comparable to similar measures reported by other corporations. For more information, please refer to section 8.8 “Non-IFRS Financial Measures” and section 2 “Consolidated Financial Analysis” for a reconciliation of EBITDA and adjusted EBITDA to net income in Management’s Discussion and Analysis for the three months ended March 31, 2021. 2021 First Quarter Results of Operations Total revenue was $39.1 million, up $9.6 million compared to Q1 2020.Registry Operations segment revenue was $19.2 million, up $3.7 million compared to $15.5 million in Q1 2020. Land Registry revenue was $13.3 million, compared to $10.4 million in Q1 2020.Personal Property Registry was $2.7 million, compared to $2.2 million in Q1 2020.Corporate Registry revenue was $3.2 million, compared to $2.9 million in Q1 2020. Services segment revenue was $16.2 million, up $4.4 million compared to $11.8 million in Q1 2020.Technology Solutions segment revenue was $6.0 million, compared to $4.7 million in Q1 2020.Consolidated expenses (all segments) were $31.0 million compared to $24.5 million in Q1 2020.Net income was $5.5 million or $0.31 per basic and diluted share, compared to $3.5 million or $0.20 per basic and diluted share for Q1 2020. OutlookThe following section includes forward-looking information, including statements related to the industries in which we operate, growth opportunities, our future financial position and results of operations, capital and operating expectations and the impact of COVID-19. Refer to “Cautionary Note Regarding Forward-Looking Information”. Our long-term strategy remains centred on delivering value for shareholders through the consistent performance of our existing business and the execution of appropriate growth opportunities, including acquisition targets that are complementary to or add value to existing lines of business. Registry Operations has performed well over the past three quarters despite pandemic conditions. The typical seasonality has been impacted, resulting in a very strong first quarter, and indicators suggest that volumes should remain steady, perhaps with some return to normal seasonality. For Services, we expect to see volumes remain strong in Regulatory and Corporate Solutions, while volumes in Recovery Solutions will likely remain at current levels while pandemic subsidy programs are in place, which are expected to continue into the fall of 2021. Our ongoing investment in the technology supporting our Services segment, combined with our focus on our customers, is translating into robust organic growth through new customer acquisition. In Technology Solutions, project implementation work continues. Work that was delayed due to the pandemic has progressed, and another customer's implementation was completed during the quarter. As we move through 2021, we anticipate advancing remaining in-progress implementation projects, while new sales continue to be delayed due to the government worldwide focus on COVID-19. We remain confident in the strength and long-term potential of the business, but at this point, given the continued uncertainty surrounding the duration and potential outcomes of the COVID-19 pandemic, we will not be providing formal financial guidance for the year. Note to ReadersThe Board of Directors (“Board”) carries out its responsibility for review of this disclosure primarily through the Audit Committee, which is comprised exclusively of independent directors. The Audit Committee reviews and approves the fiscal year-end Management’s Discussion and Analysis (“MD&A”) and financial statements and recommends both to the Board for approval. The interim financial statements and MD&A are reviewed and approved by the Audit Committee. This news release provides a general summary of ISC’s results for the quarters ended March 31, 2021, and 2020. Readers are encouraged to download the Company’s complete financial disclosures. Links to ISC’s financial statements and related notes and MD&A for the period are available on our website in the Investor Relations section at www.company.isc.ca. Copies can also be obtained at www.sedar.com by searching Information Services Corporation’s profile or by contacting Information Services Corporation at firstname.lastname@example.org. All figures are in Canadian dollars unless otherwise noted. Conference Call and WebcastWe will hold an investor conference call on Thursday, May 6, 2021 at 11:00 a.m. ET (9:00 a.m. MDT) to discuss the results. Participants may join the call by dialing toll-free (844) 419-1765 or (216) 562-0470 for calls outside North America. Simultaneously, an audio webcast of the conference call will also be available at the following link www.company.isc.ca/investor-relations/events. The audio file with a replay of the webcast will be available about 24 hours after the event on our website at the link above. We invite media to attend on a listen-only basis. About ISCHeadquartered in Canada, ISC® is the leading provider of registry and information management services for public data and records. Throughout our history, we have delivered value to our clients by providing solutions to manage, secure and administer information through our Registry Operations, Services and Technology Solutions segments. ISC is focused on sustaining its core business while pursuing new growth opportunities. The Class A Shares of ISC trade on the Toronto Stock Exchange under the symbol ISV. Cautionary Note Regarding Forward-Looking InformationThis news release contains forward-looking information within the meaning of applicable Canadian securities laws including, without limitation, those contained in the “Outlook” section hereof and statements related to the industries in which we operate, growth opportunities and our future financial position and results of operations. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those expressed or implied by such forward-looking information. Important factors that could cause actual results to differ materially from the Company's plans or expectations include risks relating to changes in the condition of the economy, including those arising from public health concerns, reliance on key customers and licences, dependence on key projects and clients, securing new business and fixed-price contracts, identification of viable growth opportunities, implementation of our growth strategy, competition and other risks detailed from time to time in the filings made by the Company including those detailed in ISC’s Annual Information Form for the year ended December 31, 2020 and ISC’s unaudited Condensed Consolidated Interim Financial Statements and Notes and Management’s Discussion and Analysis for the first quarter ended March 31, 2021, copies of which are filed on SEDAR at www.sedar.com. The forward-looking information in this release is made as of the date hereof and, except as required under applicable securities laws, ISC assumes no obligation to update or revise such information to reflect new events or circumstances. Investor Contact Jonathan HackshawDirector, Investor Relations & Capital MarketsToll Free: 1-855-341-8363 in North America or email@example.com
REGINA, Saskatchewan, May 05, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Information Services Corporation (TSX:ISV) (“ISC” or the “Company”) today declared a quarterly cash dividend of $0.20 per Class A Limited Voting Share ("Class A Share"). The dividend will be paid on or before July 15, 2021 to shareholders of record as of June 30, 2021. The dividend has been designated as an eligible dividend pursuant to the Income Tax Act. An eligible dividend paid to a Canadian resident is entitled to the enhanced dividend tax credit. For further information on tax implications, please consult a tax advisor. About ISC®Headquartered in Canada, ISC is the leading provider of registry and information management services for public data and records. Throughout our history, we have delivered value to our clients by providing solutions to manage, secure and administer information through our Registry Operations, Services and Technology Solutions segments. ISC is focused on sustaining its core business while pursuing new growth opportunities. The Class A Shares of ISC trade on the Toronto Stock Exchange under the symbol ISV. Cautionary Note Regarding Forward-Looking InformationThis news release includes certain forward-looking information within the meaning of applicable Canadian securities legislation including, without limitation, expectations with respect to payment of dividends. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those expressed or implied by such forward-looking information. Important factors that could cause actual results to differ materially from the Company's plans or expectations include risks relating to changes in the condition of the economy, including those arising from public health concerns, reliance on key customers and licences, dependence on key projects and clients, securing new business and fixed-price contracts, identification of viable growth opportunities, implementation of our growth strategy, competition and other risks detailed from time to time in the filings made by the Company including those detailedin ISC’s Annual Information Form for the year ended December 31, 2020 and ISC’s unaudited Condensed Consolidated Interim Financial Statements and Notes and Management’s Discussion and Analysis for the first quarter ended March 31, 2021, copies of which are filed on SEDAR at www.sedar.com. The forward-looking information in this release is made as of the date hereof and, except as required under applicable securities legislation, ISC assumes no obligation to update or revise such information to reflect new events or circumstances. Investor Contact Jonathan HackshawDirector, Investor Relations & Capital MarketsToll Free: 1-855-341-8363 in North America or firstname.lastname@example.org
(Bloomberg) -- Indian drugmakers are warning that halting some cargo flights from China could disrupt the global drug supply chain. China supplies 60% to 70% of the raw materials used by Indian pharmaceutical firms as well as ingredients for finished medicines sent worldwide, according to Mahesh Doshi, national president for the Indian Drug Manufacturers’ Association.Moderna Inc. said mid-stage trials showed its booster shots were effective against virus strains that emerged in Brazil and South Africa. Canada became the first nation to clear the Pfizer-BioNTech vaccine for adolescents. The U.S. will support a proposal to waive intellectual-property protections for Covid-19 vaccines, joining an effort to increase global supply and access to the life-saving shots as the gap between rich and poor nations widens.Southeast Asian nations wary of an Indian-like virus wave are tightening restrictions. Malaysia has imposed a movement control order in Kuala Lumpur through May 20 and Vietnam has ordered stricter border control and quarantine measures. Authorities in Hanoi have also recommended people stay home. In Indonesia, the region’s biggest country, the Jakarta Post newspaper is warning authorities need to be vigilant to prevent a surge in infections.Key DevelopmentsGlobal Tracker: Cases near 154.8 million; deaths exceed 3.23 millionVaccine Tracker: More than 1.21 billion doses have been givenModerna Covid booster shots prove effective against variants (Video)India’s struggle to track new covid variants could worsen crisisVaccines work on this India variant. Experts fret about the nextHere comes the Covid-19 community corps and they want youWhat are vaccine passports and how would they work?: QuickTakeSubscribe to a daily update on the virus from Bloomberg’s Prognosis team here. Click CVID on the terminal for global data on cases and deaths.Hong Kong Vaccinations Pass 1 Million (9:03 a.m. HK)The number of people who have received their first Covid-19 vaccine dose has exceeded 1 million on Wednesday, Hong Kong’s government said. The vaccination program has been running since Feb, 26.Still, only about 13.4% of the Hong Kong population has received at least one dose, according to Bloomberg’s Covid-19 Vaccine Tracker. That’s still well behind rival financial hubs like Singapore, London and New York.Thailand Steps Up Virus Stimulus Spending (8 a.m. HK)Thailand is planning to spend billions of dollars in providing financial relief to low-income groups to cope with the economic hit from the biggest Covid-19 outbreak sweeping the nation since the pandemic began.The cabinet gave in-principle approval on Wednesday for fiscal stimulus measures at a cost of 85.5 billion baht ($2.8 billion). It also proposed 140 billion baht worth of spending for co-payment and e-voucher programs and more cash handouts to welfare cardholders and special groups, officials said.Philippines Could Get 7 Million Doses in May (8 a.m. HK)The Philippines’ coronavirus inoculation drive could leap this month, with the possibility of increasing vaccine supplies to about 7 million shots from 4 million, which could lead to a further reopening of the economy.Kuala Lumpur Tightens Movement Restrictions (8 a.m. HK)Malaysia tightened restrictions on movements in the capital Kuala Lumpur to stem the rise in new Covid-18 infections, a day after imposing similar curbs in Selangor, its richest state.The movement control order, or MCO, will stay in force from May 7 to May 20, Defense Minister Ismail Sabri Yaakob said in a statement on Wednesday, adding the protocols already in place for other areas under MCO will apply.Case Cluster at Hanoi Hospital Grows (7:23 a.m. HK)Vietnam reported eight more infections linked to a cluster in the National Hospital for Tropical Diseases Campus of Dong Anh in Hanoi, taking the tally in the center to 22, the health ministry’s newspaper Suc Khoe Doi Song reported.The nation has reported 3,030 virus infections, including 64 local cases from April 27 when the country confirmed the first domestic patient in a month, and 35 deaths as of May 6 morning, the newspaper reported.Vietnam has ordered a strict border control and mandatory quarantines of three weeks while imposing some movement restrictions as it traces the recent flare up in coronavirus cases to overseas travelers.China Flight Halt May Snarl Supplies (6:50 a.m. HK)Drugmakers in India warn that a halt on some cargo flights from China could imperil an important link in the global pharmaceutical supply chain.The U.S. relies heavily on India to stock its medicine cabinets, and any slowdown in output could leave pharmacies short of drugs used regularly by millions of Americans.On April 26, China’s state-run Sichuan Airlines suspended cargo flights to India for 15 days amid an alarming second Covid-19 outbreak there. If the flights remain on hold, the drug industry fears “cascading effects on its entire supply chain,” Mahesh Doshi, national president for the Indian Drug Manufacturers’ Association, wrote in an April 29 letter to India’s external affairs minister.Argentina Has Record Number of Daily Deaths (6:45 a.m. HK)Argentina reported a record 663 deaths in the last 24 hours for a total of 65,865, according to the country’s evening report.There were 24,079 new Covid-19 cases reported, bringing the total to 3,071,496.Novavax Shows Efficacy Against Variant (5:41 p.m. NY)Novavax said initial primary analysis of Phase 2B results for its vaccine showed efficacy against a South African variant of the coronavirus.Among healthy adults without HIV, the Novavax vaccine showed efficacy of 60% in the initial analysis and 55% in the subsequent complete analysis, the company said. Novavax may have lost the race on vaccinating millions of Americans but a successful trial can still help developing nations like India and Brazil where shots are in high demand.Canada May Mix Vaccines Amid Supply Crunch (4:47 p.m. NY)Canada is considering allowing patients to receive two different types of vaccines as the country deals with shortages of shots from AstraZeneca Plc and Moderna Inc.Federal health officials are closely watching a U.K.-based trial in which participants received two kinds of shots. Results are expected in the next month or so, said Supriya Sharma, chief medical adviser at Health Canada.If adopted, the new protocol would mark another major deviation from original vaccine guidelines. Canada has opted to extend the length of time between mRNA vaccines from the recommended three to four weeks to as long as four months, in order to stretch supplies.Moderna Booster Effective on Variants (4:08 p.m. NY)Moderna Inc.’s booster shots gave positive results against immune system-evading strains that emerged in South Africa and Brazil, according to early results from a mid-stage trial.Two types of booster shots studied spurred higher levels of virus-halting antibodies, Moderna said in a statement. One of the boosters is an additional low-dose shot of its existing vaccine, while the other type is customized against the South Africa strain.“We are encouraged by these new data, which reinforce our confidence that our booster strategy should be protective against these newly detected variants,” Stephane Bancel, Moderna’s chief executive officer, said in a statement. “We will continue to make as many updates to our Covid-19 vaccine as necessary to control the pandemic.”U.S. to Back Waiver of Vaccine IP Protections (3:25 p.m. NY)The U.S. will back a proposal to waive intellectual-property protections for Covid-19 vaccines, joining an effort to increase global supply and access to the life-saving shots as the gap between rich and poor nations widens.“We are for the waiver at the WTO, we are for what the proponents of the waiver are trying to accomplish, which is better access, more manufacturing capability, more shots in arms,” U.S. Trade Representative Katherine Tai said in an interview on Wednesday.The Biden administration will now actively take part in negotiations for the text of the waiver at the World Trade Organization and encourage other countries to back it, Tai said. She acknowledged the talks will take time and “will not be easy,” given the complexity of the issue and the fact that the WTO is a member-driven organization that can only make decisions based on consensus.Biden Touts Relief Funds for Restaurants (3 p.m. NY)President Joe Biden visited a Washington restaurant owned in part by Mexican immigrants on Wednesday to highlight $28.6 billion in federal aid for restaurants that struggled during the pandemic.Under the Covid-19 relief measure Biden signed in March, restaurants can apply for grants ranging from $1,000 to $5 million per location, or $10 million for those with 20 or fewer locations.Pandemic Delays FDA Plant Inspections (2:20 p.m. NY)Pandemic disruptions severely hampered U.S. regulators’ ability to inspect drug and device makers’ manufacturing plants, delaying at least 68 applications for approval to market new products, according to a Food and Drug Administration review.Seven of the delayed applications were mission-critical, meaning they represented a medical advancement, the agency said Wednesday in its report, and six of those were for new drugs. The delayed applications were among 600 where the FDA required a factory inspection before approval decisions.U.S. Cases Could See ‘Sharp Decline’: CDC (11:20 a.m. NY)U.S. Covid-19 cases could see a sharp decline by July if nationwide vaccination efforts continue to be successful, according to the Centers for Disease Control and Prevention.Researchers used scenario modeling techniques to show long-term projections of potential trends in Covid-19 cases, hospitalizations and deaths in data released Wednesday in the agency’s Morbidity and Mortality Weekly Report.Canada Clears Pfizer Shot for Teens (10:39 a.m. NY)Canadian public health officials authorized the use of the Pfizer Inc.-BioNTech SE Covid vaccine for teenagers, making Canada the first nation to do so. Supriya Sharma, chief medical adviser with Health Canada, made the announcement Wednesday at a press conference. The department determined the vaccine was “safe and effective” for the younger age group, Sharma said. The U.S. is considering similar action.G-7 Meeting Goes Ahead in U.K. (7:06 a.m. NY)The U.K. insisted a meeting of top Group of Seven diplomats in London should go ahead after India’s foreign minister Subrahmanyam Jaishankar said he would self-isolate over possible exposure to coronavirus.The news risked derailing a high-profile event that marked the G-7 debut of U.S. Secretary of State Antony Blinken. Britain is hosting the gathering, which began on Tuesday.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
First National Bank Alaska’s (OTCQX:FBAK) unaudited net income for first quarter 2021 was $14.0 million, or $4.41 per share. This compares to net income of $14.1 million, or $4.47 per share, for the same period in 2020.
Good afternoon and thank you for joining us to discuss Vanda Pharmaceuticals First Quarter 2021 performance. In addition, we are providing live and archived versions of this conference call on our website.
Oil prices fell on Thursday as gasoline inventories in the United States, the world's largest oil consumer, rose for a fifth consecutive week although a draw in crude stockpiles helped to underpin prices. Brent crude oil futures fell by 16 cents, or 0.2%, to $68.80 barrel by 0123 GMT, and U.S. West Texas Intermediate (WTI) crude futures dropped by 20 cents, or 0.3%, to $65.43 a barrel. Both Brent and U.S. crude futures hit their highest since mid-March on Wednesday before retreating.
PHOENIX — The U.S. Department of Justice expressed concern Wednesday about ballot security and voter intimidation arising from the Republican-controlled Arizona Senate's unprecedented private recount of the 2020 presidential election results in Maricopa County. In a letter to GOP Senate President Karen Fann, the head of the Justice Department's Civil Rights Division said the Senate's farming out of 2.1 million ballots from the state's most populous county to a contractor may run afoul of federal law requiring ballots to remain in the control of elections officials for 22 months. And Principal Deputy Assistant Attorney General Pamela S. Karlan said that the Senate contractor's plans to directly contact voters could amount to illegal voter intimidation. “Past experience with similar investigative efforts around the country has raised concerns that they can be directed at minority voters, which potentially can implicate the anti-intimidation prohibitions of the Voting Rights Act,” Karlan wrote. “Such investigative efforts can have a significant intimidating effect on qualified voters that can deter them from seeking to vote in the future.” Karlan wants Fann to lay out how the Senate and its contractors will ensure federal laws are followed. She pointed to news reports showing lax security at the former basketball arena where the ballots are being recounted by hand. Fann said Senate attorneys were working on a response she promised to share when it was completed. The Justice Department letter came six days after voting rights groups asked federal officials to intervene or send monitors to the Veterans Memorial Coliseum in Phoenix at the state fairgrounds, where the ballots are being recounted. “We are very concerned that the auditors are engaged in ongoing and imminent violations of federal voting and election laws,” said the letter sent by the Brennan Center for Justice, the Leadership Conference and Protect Democracy. In other developments Wednesday, the Arizona Democratic Party has reached a deal with the Republican-controlled state Senate to ensure that voter and ballot privacy is guaranteed during an unprecedented recount of the 2020 presidential election results in Maricopa County. The agreement reached Wednesday puts teeth in a court order that already required the Senate and its contractor, Florida-based Cyber Ninjas, to follow state laws around ballot privacy. Any violations of the agreement would be enforceable by seeking an emergency court order. The agreement also puts in writing a verbal agreement between the Senate and Arizona Secretary of State Katie Hobbs that allows her to have three observers inside the Veterans Memorial Coliseum at the state fairgrounds. Under the court order, the Senate and Cyber Ninjas last week released their policies and procedures for the recount. Hobbs' elections director, Bo Dul, told The Associated Press there were major problems with those rules, including that they seemed haphazard, lacked specifics and left much room for interpretation — something that is never allowed in ballot counts. Dul noted that the policies allow counters to accept a large enough error rate to perhaps show Trump won the state. Such an outcome would not change the outcome of the election because the results were certified months ago in the state and Congress. Hobbs on Wednesday sent a letter to the Senate's liaison to its recount contractor, former Secretary of State Ken Bennett, formally laying out a series of problems with the policies. "Mr. Bennett, as a former Secretary of State, you know that our elections are governed by a complex framework of laws and procedures designed to ensure accuracy, security, and transparency," Hobbs wrote. “You also must therefore know that the procedures governing this audit ensure none of those things.” The developments come as the counting of 2.1 million ballots from the November election won by President Joe Biden are off to a slow pace. Bennett told the Associated Press Tuesday night that teams doing a hand recount of the presidential race lost by former President Donald Trump and the U.S. Senate race won by Democrat Mark Kelly has tallied less than 10% of the ballots since starting on April 23. Bennett said it is clear the count can't be done by the time the deal allowing the Senate to use the Coliseum ends on May 14. Several days of high school graduations are set to begin on May 15. Bennett said the plan was to move the ballots and other materials into a secure area of the Coliseum to allow the events, then restart counting and continue until that is completed. That seems far from certain, though, after a state fair board official told the Arizona Republic that extending the Coliseum lease is “not feasible.” The fair board didn't immediately respond to a request for comment from the AP. Trump and his backers have alleged without evidence that he lost Arizona and other battleground states because of fraud. Fann said she wants to prove one way or the other whether GOP claims of problems with the vote are valid and use the results of the audit to craft updated election laws. Bob Christie, The Associated Press
FRISCO, Texas — Canada will play for gold at the under-18 men's hockey championship. Connor Bedard had a hat trick while captain Shane Wright added a goal and three assists, and the Canadians toppled Sweden 8-1 on Wednesday in the tournament semifinals. "Before the game, we told our players to expect a tough game from the Swedes," said head coach Dave Barr. "We had the mindset going into the game that things were not going to be easy, and offensive production and opportunities were not going to come easy. That was our messaging going into the third period as well, we just needed to keep doing the little things right and we knew the opportunities would come. We got that third goal early and things started to open up from there." Canada will face the winner of the semifinal match between Russia and Finland scheduled later Wednesday in Thursday's gold-medal game. Bedard — the first player ever to be granted exceptional player status for the Western Hockey League, allowing him to enter underage as a 15-year-old this year with the Regina Pats — has eight points in his past two games after producing two goals and three assists in a 10-3 quarterfinal victory over the Czech Republic. "I do not think I was playing too great in the preliminary round and I was a little bit frustrated with my game. My legs feel a lot better than they did for the first three or four games where I was pretty tired, but I have been able to gain some confidence after a few goals," said Bedard. "It is always good for the confidence when you are scoring and helping the team, but we also have been winning all our games and have a lot of confidence as a team. If we can bring that into tomorrow’s game, I think we have a good chance of winning." Chase Stillman, Brennan Othmann, Francesco Pinelli and Conner Roulette rounded out the scoring for Canada, which downed the Swedes 12-1 in the round-robin portion of the tournament. Benjamin Gaudreau made 16 saves for the win. Isak Rosen replied for Sweden, the defending champion at the event. Carl Lindbom stopped 48-of-56 shots in defeat. The Canadians have won the tournament three times, with their last gold medal coming in 2013. --- This report by The Canadian Press was first published May 5, 2021. The Canadian Press
Connor Bedard is just 15 years old but he's been easily the best player at the 2021 IIHF World U18 Championships.
Boris Johnson’s move to send navy boats to Jersey dominates the front pages on Thursday.
Masters Berlin will take place in the Verti Music Hall from 9 to 19 September and will be third and final Masters tournament of the 2021 VCT.
ORLANDO, Fla. — Kemba Walker tied a season high with 32 points in his return from a four-game injury absence, Evan Fournier had 18 points in his first game back in Orlando since being traded, and the Boston Celtics routed the Magic 132-96 on Wednesday night. Jayson Tatum shook off a slow start and finished with 27 points for Boston, which swept the three-game series with the Magic and beat Orlando for a sixth straight time over the past two seasons. The Celtics made 21 3-pointers, just two fewer than their season-best 23 against Orlando on March 21. Walker, who entered averaging 20.7 points in 34 career games against the Magic, showed no rust following a nine-day layoff because of a strained left oblique suffered on April 25. Walker made 11 of 18 shots and shot 6 of 9 from 3-point range in 28 minutes for Boston, which pulled even with Miami for sixth in the Eastern Conference standings. Walker scored 32 points for a third time this season. Fournier, who played for the Magic for 6 1/2 seasons before his trade to Boston on March 25, was honoured with a highlight video between the first and second quarters. Dwayne Bacon and Moritz Wagner each scored 20 points for Orlando, while Mo Bamba added 19 points and 15 rebounds as the Magic's two-game winning streak ended. Magic coach Steve Clifford was back on the sidelines after missing six games following a positive COVID-19 test. Clifford, 59, said getting vaccine shots on each side of his positive test helped him. “It was very uneventful, thankfully and, from what I’ve been told, the biggest part was because I had been vaccinated,” Clifford said. “My body was ready for it.” FOURNIER RETURNS To illustrate how much he loved Orlando during his tenure with the Magic in late March, Fournier said he had never lived in the same city more than two years since he was 13 when he left his family home to chase his professional basketball dreams. The next day, the guard who was in the midst of a career year was traded from Orlando to Boston. Upon his return to Orlando, Clifford said of the versatile guard: “There’s nothing more important when you play 82 games than having a guy who you never have to worry whether he’s going to try hard. It was a given with him. Played hurt, played really hurt, always ready to play, always into the game plan and badly wanted to win.” TIP-INS Celtics: Coach Brad Stevens said Jaylen Brown (ankle sprain) might rejoin the team in Chicago on Friday and could play. ... G Romeo Langford was put in the NBA’s concussion protocol program after experiencing headaches a day after an accidental collision in practice. ... One of the loudest cheers came in the fourth when 7-foot-5 centre Tacko Fall checked in. Fall played college basketball at nearby UCF. He had an up-and-under layup with 4 minutes remaining and later stuffed a dunk attempt by R.J. Hampton. Magic: Sindarius Thornwell became the 28th player to appear in a game this season for Orlando, tying an NBA record set by Memphis in the 2015-16 and ’18-19 seasons. UP NEXT Celtics: Play at Chicago on Friday night Magic: Play at Charlotte on Friday night. — More AP NBA: https://apnews.com/hub/nba and https://twitter.com/AP_Sports John Denton, The Associated Press
Ontario Premier Doug Ford has approached the governor of Michigan about the possibility of having essential workers who cross the border from Canada vaccinated against COVID-19 stateside. The premier spoke to Gov. Gretchen Whitmer on Wednesday, and a source with knowledge of the situation told CBC News that she indicated she is open to hearing more on the idea. It's now up to Ontario to propose a plan, to see if an agreement can be reached. The timeline on next steps was not immediately clear and there is no guarantee such a proposal will go forward. In Manitoba, truck drivers, teachers and other school workers, can already cross into North Dakota for vaccinations. Ontario's proposal "reflects the fact that it's in everyone's best interest to arrange safe, predictable passage for critical staff and truck drivers who cross the border regularly," said Flavio Volpe, president of the Automotive Parts Manufacturers' Association, in a statement.
Remnants of a large Chinese rocket launched last week are expected to plunge back through the atmosphere this weekend in an uncontrolled re-entry being tracked by U.S. Space Command, the U.S. military said on Wednesday. The Long March 5B rocket blasted off from China's Hainan island on April 29 carrying the Tianhe module, which contains what will become living quarters for three crew on a permanent Chinese space station. The rocket's exact point of descent into Earth's atmosphere as it falls back from space "cannot be pinpointed until within hours of its reentry," which is projected to occur around May 8, Space Command said in a statement posted online.
Pressure mounts on Australia to support Covid vaccine intellectual property waiver for developing nationsUnited States now supports bid to allow poorer nations to make cheap copies of Covid vaccines, but Australia is holding out The proposal to waive patent protections on vaccines for the duration of the pandemic has been supported by more than 100 countries, but Australia remains opposed. Photograph: Naveen Sharma/SOPA Images/REX/Shutterstock
A look at what’s happening around the majors Thursday: ___ OTHER SIDE OF THE STREET Gerrit Cole (4-1, 1.43 ERA) starts against Houston for the first time since leaving the Astros for a $324 million, nine-year contract with the Yankees before the 2020 season. He’ll face friend and former teammate Lance McCullers Jr. (2-1, 3.38 ERA) when the American League powers wrap up their three-game series in a New York matinee. “Lance is certainly one of the premier competitors in the league with fantastic stuff, so I think it’s going to be a fun matchup,” Cole said. Cole, the AL pitcher of the month for April, struck out 12 and walked none over six innings of four-hit ball last Friday in a 10-0 win against punchless Detroit. He spent 2018-19 with the Astros, going 35-10 with a 2.69 ERA and an average of 301 strikeouts per season. The right-hander made two All-Star teams in Houston, finished second in 2019 AL Cy Young Award voting and helped the Astros reach the World Series that year. “It was a really special time in my career,” he said. “I was adopted so quickly into the clubhouse. The team was super fun to be around.” Since getting traded from Pittsburgh to Houston, Cole leads the majors in wins (46) and strikeouts (758), and ranks third in ERA (2.61). He again credited Astros pitching coach Brent Strom and the team’s pitching philosophy for giving him a huge boost. “I think when I think back the biggest thing I’m thankful for was such a team environment that we could all share knowledge with each other and really forward our careers individually, whether it be with the Astros or whether it took you somewhere else,” Cole said. SAY HEY KID Willie Mays turns 90 on Thursday. He is the oldest living Hall of Famer. A New York and San Francisco Giants great who finished his career with the New York Mets, he had 660 home runs and 3,283 hits with a .302 average and 1,903 RBIs from 1951-73. He was part of a Golden Era of centre fielders in New York, joined by Mickey Mantle of the Yankees and Duke Snider of the Brooklyn Dodgers. TOP OF THE CHARTS Kansas City left-hander Danny Duffy leads the American League with a 0.60 ERA going into Thursday's game with Cleveland and is second to the New York Mets' Jacob deGrom (0.51). Duffy is 4-1 heading into his outing against right-hander Triston McKenzie (0-1, 6.27 ERA). Duffy beat Cleveland on April 5 in his first start, allowing two hits in six scoreless innings. HOT MADBUM Arizona left-hander Madison Bumgarner (3-2, 5.58 ERA) has won three straight starts for Arizona going into Thursday's outing at Miami, which starts right-hander Pablo López (0-2, 2.34 ERA). After winning at Washington on April 18, Bumgarner pitched a seven-inning no-hitter at Atlanta on April 25 in the second game of a doubleheader, a game shortened under pandemic rules and not recognized as a no-hitter by Major League Baseball because it did not go nine innings. He allowed one run and four hits over five innings to beat Colorado on April 30. FINISHING UP Milwaukee and Philadelphia conclude their four-game series with an intriguing pitching matchup. Brandon Woodruff (2-0, 1.80 ERA) starts for the visiting Brewers, and fellow right-hander Zack Wheeler gets the ball for the Phillies. Woodruff has permitted four runs in 31 innings over his last five starts. He is 2-0 with a sparkling 0.50 ERA in three career starts against the Phillies. Wheeler is 1-1 with a 2.90 ERA in five starts versus the Brewers. ___ More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports The Associated Press
Ms Jenner is running to replace California’s Democratic governor Gavin Newsom in a recall election
The Detroit Lions are releasing running back Kerryon Johnson, according to a person familiar with the situation. The person spoke Wednesday night on condition of anonymity because the Lions had not announced the move. Detroit drafted the former Auburn standout in the second round in 2018. Johnson became expendable after the team drafted D’Andre Swift No. 35 overall in 2020, signed free agent running back Jamaal Williams in March and drafted Oregon State’s Jermar Jefferson last week. Johnson ran for 1,225 yards and eight touchdowns over three seasons. He also has 61 career receptions for 527 yards and three scores. Last year, he had 181 yards rushing and two scores on 52 carries. and had 19 receptions for 187 yards receiving and a touchdown. The Lions also added a player in free agency, signing tight end Darren Fells. The move gives the team a veteran at the position it can put on the field with Pro Bowl tight end T.J. Hockenson. The 35-year-old Fells has 123 career catches with 1,483 yards receiving and 21 touchdowns. The previous two years in Houston, he had a combined 55 catches for 653 yards and 11 touchdowns. Fells has started 76 games — including 13 with the Lions in 2017 — and played in 102 games with Arizona, Detroit, Cleveland and the Texans. He was a rebounding standout at UC Irvine and played basketball in Argentina, Mexico, Belgium, Finland and France before playing in the NFL. ___ More AP NFL coverage: https://apnews.com/hub/NFL and https://twitter.com/AP_NFL Larry Lage, The Associated Press
New York's major theatres have been closed since March 2020 because of the coronavirus pandemic.
Players from the Rangers and Capitals threw their gloves to the ice and started throwing punches as soon as the puck was dropped in their matchup in New York on Wednesday as the Rangers sought revenge after the Caps' Tom Wilson beat and injured a Rangers' star player in their last meeting. Three separate fights broke out in the opening seconds and others, including one involving Wilson moments after he stepped on the ice, occurred early in the first period in a return to the NHL's "old school" days when brawls were more common and more vicious. The bad blood between the teams stems from Monday's game, where the towering Wilson tossed around New York Rangers' Artemi Panarin, an NHL most valuable player candidate.