Four Toronto businesses are being given shutdown orders for not complying with public health orders amid the COVID-19 pandemic. Erica Vella has more.
Four Toronto businesses are being given shutdown orders for not complying with public health orders amid the COVID-19 pandemic. Erica Vella has more.
Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced that its Board of Directors has declared the company’s first-ever annual cash dividend of $0.01 per share of the company’s Class A common stock. The cash dividend will be payable on December 17, 2020, to shareholders of record of Class A common stock, including holders of record of company’s units, at the close of business on December 2, 2020.
American Financial Group, Inc. (NYSE: AFG) today reported 2020 third quarter net earnings attributable to shareholders of $164 million ($1.86 per share) compared to $147 million ($1.62 per share) for the 2019 third quarter. Net earnings for the 2020 third quarter included net unfavorable after-tax non-core items aggregating $53 million ($0.59 per share loss). These items included after-tax charges of $54 million ($0.61 per share) to strengthen the Company’s asbestos and environmental ("A&E") reserves, a negative impact of $34 million ($0.38 per share) for annuity non-core items – primarily the result of unlocking of actuarial assumptions, non-core after-tax realized gains on securities of $35 million ($0.40 per share) and $3 million ($0.03 per share) in net favorable items related to Neon Exited Lines. Comparatively, net earnings in the 2019 third quarter included net unfavorable after-tax non-core items of $58 million ($0.63 per share loss). Other details may be found in the table below. Book value per share was $72.65 per share at September 30, 2020. Annualized return on equity was 12.9% and 11.0% for the third quarters of 2020 and 2019, respectively.
Optomec has delivered a new industrialized 3D Printed Electronics system to a major US healthcare manufacturer, where the machine will be used in the volume production of a leading diagnostic medical device. The system fulfills a $1 million contract that includes delivery of advanced software capabilities, as well as production processes; i.e., "recipes." The initial application will replace manual integration of flex circuits by using Aerosol Jet to directly print multi-layer 3D circuitry onto a structural component. This Additive Manufacturing approach will provide reductions in cost and improvements in yield versus existing methods, as well as increased flexibility for next generation designs. Additional orders are anticipated as the customer ramps production over the coming years.
Jimmy Swoager, 76, a longtime fan of the Pittsburgh Steelers, was recently diagnosed with dementia
W. R. Berkley Corporation (NYSE: WRB) today announced the appointment of Thomas Joyce as president of Nautilus Insurance Group, a Berkley Company. He succeeds Thomas M. Kuzma, who has been named chairman. The appointments will be effective January 1, 2021.
RAINBOW LAKE, Alta. — Husky Energy is cleaning up after one of its pipelines in northwestern Alberta spilled 900,000 litres of produced water, a byproduct of oil and gas extraction that sometimes contains residual petroleum and chemicals.The Calgary-based company said Wednesday it discovered the leak during a daily inspection on Monday morning and immediately shut down the pipeline. The Alberta Energy Regulator said it happened about 15 kilometres southeast of the town of Rainbow Lake and that "salt/produced water" spilled into a low-lying wetland.Husky spokeswoman Dawn Delaney said in a statement that the spill has been contained."Cleanup efforts continue, including the use of pumps and vacuum trucks. There have been no observed impacts to wildlife and fencing is in place to keep wildlife from the area," she said. "Husky’s first priority is the safety of its people and the protection of the environment in the communities we operate in. We are undertaking a thorough investigation of this incident."Husky initially reported a spill of 500,000 litres to the regulator, but Delaney said the amount was increased after an initial investigation. The energy regulator said environmental contractors are at the site. In July 2016, a Husky pipeline spilled diluted heavy oil into the North Saskatchewan River, harming fish and wildlife and forcing three Saskatchewan cities to shut off their water intakes for almost two months. Forty per cent of the 225,000 litres that spilled got into the major waterway near Maidstone, Sask. The company was fined $3.8 million last year after it pleaded guilty to three environmental charges. Cenovus Energy announced on the weekend that it had reached a deal to buy Husky for $3.8 billion in shares, which would make it the third-largest Canadian oil and gas producer by total output. — By Lauren Krugel in Calgary This report by The Canadian Press was first published October 28, 2020. The Canadian Press
Profit and revenue are rising at UPS, whose brown delivery trucks have become omnipresent on neighbourhood streets during the pandemic, but so are costs.The company reported Wednesday that third-quarter profit rose 12% to $1.96 billion. With higher volume of packages to deliver, revenue climbed 16% to $21.24 billion. Both figures beat expectations.However, operating profit in the company’s key U.S. package business was nearly 10% less profitable than a year ago because of higher costs as UPS hired workers and expanded service.UPS shares fell 8.8%, their biggest one-day percentage drop in nearly six years.With so many people getting what they need delivered to the front door, drivers for United Parcel Service Inc. are staying busy. The company's consolidated average daily volume jumped 13.5%.Prices were roughly constant, with the average price per piece rising for U.S. ground shipments and slipping slightly for express deliveries like next-day air.Unlike the domestic package business, profit rose in the company's international package and freight units.New CEO Carol Tome said the results were led by strong demand for shipments leaving Asia and growth among small and medium-sized businesses. She said the higher profit indicates that the company's “better, not bigger” strategy is working.Tome said the company is ready for the crucial dash from around Thanksgiving until Christmas, when daily volumes spike.“We have been operating in a peak-like environment globally for many months, which is helping us prepare for the elevated demand ahead,” she told analysts.The analysts, however, were concerned about rising costs.Colin Scarola, an analyst at CFRA Research, said he was disappointed to see operating profit in the U.S. domestic package business fall 9% even as revenue rose 15% — and thinks the problem may be temporary.“We think UPS is seeing rapid cost increases amid surging demand, but over time we see margins expanding significantly in this segment as it adjusts to much greater volume,” he said in a note to clients.Matt Arnold, an analyst for Edward Jones, said rising volumes are challenging the company, but he thinks investment in automating UPS facilities will help boost profitability.UPS and rival FedEx are benefitting from high demand for shipping and less competition in airfreight, as the number of passenger planes carrying cargo in their bellies has declined. The boom, however, has put pressure on their networks, a major concern heading into the peak holiday shipping season.Atlanta-based UPS said that profit, adjusted to exclude non-repeating items, was $2.28 per share. That was 42 cents more per share than Wall Street expected, according to a survey by Zacks Investment Service.UPS, like many other companies, is no longer giving financial forecasts because of uncertainty around its business during the pandemic.UPS shares have nearly doubled since May, reflecting the pickup in the delivery business. Despite Wednesday's sell-off, which left the shares at $155.78, they are up 33% since the beginning of the year, compared to a 1% gain in the S&P 500 index.David Koenig, The Associated Press
%FLastPrev.Wk.Ago%L001%%Prime Rate% %3.25%%3.25%%3.25%%L002%%Discount Rate Primary%%0.75%%0.75%%0.75%%L003%%Fed Funds Target% %0.00-0.25%%0.00-0.25%%0.00-0.25%%L004%%T-Bills:%%%%%%%%L056%%1-month yld% %0.07%%0.08%%0.08%%L005%%3-month Disc% %0.10%%0.10%%0.10%%L057%%3-month yld% %0.10%%0.10%%0.10%%L006%%6-month disc% %0.11%%0.11%%0.12%%L058%%6-month yld% %0.11%%0.11%%0.12%%L007%%T-Bill, annualized, adjusted for%%%%%%%L008%%constant maturity:%%%%%%%%L009% %1-year% %0.12%%0.12%%0.13%%L010%%T-Notes:%%%%%%%L011% %1-year% %0.12%%0.12%%0.13%%L012% %2-year% %0.16%%0.16%%0.14%%L055% %3-year% %0.19%%0.19%%0.20%%L013% %5-year% %0.34%%0.34%%0.36%%L014% %10-year% %0.79%%0.79%%0.83%%L015%%T-Bond:%%%%%%%L016% %30-year% %1.56%%1.57%%1.62%%L017%%Libor:%%%%%%%%L018% %3-month% %0.23%%0.23%%0.23%%L019% %6-month% %0.24%%0.24%%0.24%%L020%%FHLB Cost of Funds, 11th District:%%%%%%%%L021% %Eff. Oct. 1% %0.68%%0.68%%0.68%%L022%%FNMA 30-year mortgage commitment:%%%%%%%%L023% %60-days% %1.81%%1.81%%1.81%%L024%%Money market fund:%%%%%%%%L025%%Fidelity Cash Reserves:%%%%%%%%L026% %7-day avg yld:% %0.01%%0.01%%0.01%METALS LastPrev.Wk.Ago%L027%%Gold (troy oz):%%%%%%%%L065% %London AM fix% %$1896.85%%$1898.90%%$1918.95%%L028% %London PM fix% %$1869.95%%$1905.70%%$1924.15%%L029% %HSBC Bank USA% %$1878.50%%$1909.00%%$1924.00%%L061% %NY Handy & Har% %$1869.95%%$1905.70%%$1924.15%%L062% %NY H&H fab% %$2075.64%%$2115.33%%$2135.81%%L063% %NY Engelhard%: %$1905.00%%$1903.00%%$1902.00%%L064% %NY Engelhrd fab% %$2021.00%%$2041.22%%$2067.23%%L030% %NY Merc% %$1876.20%%$1908.80%%$1924.60%%L031%%Silver (troy oz):%%%%%%%%L071% %Handy & Har% %$23.512%%$24.467%%$25.070%%L066% %H&H fabricated% %$29.390%%$30.584%%$31.338%%L067% %London AM% %$23.925%%$24.435%%$25.020%%L069% %Engelhard% %$24.400%%$24.300%%$24.650%%L070% %Engelhard fab% %$28.140%%$29.280%%$29.120%%L032%%NY Merc spot% %$23.324%%$24.526%%$25.197%%L033%%Copper (pound):%%%%%%%%L034% %NY Merc spot% %$3.0570%%$3.0900%%$3.1945%%L035%%Aluminum (pound):%%%%%%%%L036% %LME% %$0.8201%%$0.8266%%$0.8282%%L037%%Platinum (troy oz):%%%%%%%%L072% %Handy & Har% %$862.00%%$880.00%%$894.00%%L038% %NY Merc spot% %$870.30%%$882.10%%$889.10%%L039%%Palladium (troy oz):%%%%%%%%L040% %NY Merc spot% %$2244.30%%$2347.30%%$2419.80%%L041%%Cash Prices:%%%%%%%%L042%%Lead (metric ton)%%$1780.50%%$1750.00%%$1748.00%%L046%%Zinc HG (pound)% %$1.1514%%$1.1396%%$1.1271%%L047%%Gold Coins:%%%%%%%%L048% %U.S. Eagle 1 oz% %$1770.63%%$1804.48%%1821.96%%L049% %Austrla. Kangaroo 1 oz%%%%%%%%L050% %% %$1770.63%%$1804.48%%1821.96%%L051% %Krugerrand 1 oz% %$1912.09%%$1948.65%%1967.52%%L052% %Certificates of Deposit Retail%:%%%%%%%%L053% %90 days% %0.08%%0.08%%0.08%%L054% %180 days% %0.12%%0.12%%0.12%The Associated Press
TORONTO — Ifunanyachi Achara is a long way from home. But the Toronto FC rookie is watching Nigeria from a distance, not liking what he sees.There has been violence on the streets in the wake of protests against the Special Anti-Robbery Squad, a police unit known as SARS that has long been accused of brutality and abuse of power. While President Muhammadu Buhari's government agreed to disband the SARS unit, protesters have demanded sweeping reforms of police. There have also been protests targeting government warehouses believed to be stockpiling food meant to be distributed as COVID-19 relief.Although the protests have been largely peaceful, at least 56 people have died across the country since they began, according to Amnesty International, which has accused security forces of using unnecessary force.Formula One star Lewis Hamilton wore a T-shirt that said EndSARS during a TV interview at last weekend's Portuguese Grand Prix.Achara, currently recovering from knee surgery in early July that ended his season, has kept in touch with what is going on back home through family and friends. He started a GoFundMe page (https://ca.gofundme.com/f/8nz5qx-endsars-relief-fund) to help families in need.He set an initial target of $7,000, raising more than $2,000 in the first 20 hours.Achara says Nigerian youth can get in trouble for such mundane things as wearing dreadlocks, which he has, or carrying an iPhone."Stuff that doesn't really make sense," he said. "There's no checks and balances. There's no one checking this police to see how they are abusing their power. so the people are protesting, the people are angry. A lot of my friends and family, they're home, they want things to change."The unrest is a further blow for businesses already reeling from COVID-19."A lot of people right now have lost their business. A lot of banks, ATMs have been looted. People are going though a lot of financial crisis."Achara and friends — mostly old teammates from back home — decided to do what they can to help, launching the fundraising page. They are identifying families in need, who will benefit from the money to buy food, medication or get medical help.Achara is also looking to raise money by offering to play online video games with donors (https://www.bast.gg/celebrities-calendar).Achara comes from Enugu, where his father runs a small retail store. His parents, a younger sister and older brother are safe back home, he reports. A younger brother, Ugo Achara Jr., plays soccer at Northwestern University and is staying with a friend in Chicago.Achara underwent surgery July 7 to repair the torn anterior cruciate ligament and lateral collateral ligament in his left knee."We're making a lot of progress," he said "I'm happy with the way things are going with my rehab right now."He spent close to two months on crutches. But now he can walk around, do some biking and a little bit of weightlifting, although he is not ready to run yet."I try not to put a timeline on what I'm doing," he said. "If the body is healing, I'm happy."The 23-year-old injured his knee in training June 26 at BMO Field when he became tangled with defender Omar Gonzalez while both attempted to get to a cross. It was a disappointing end to a rookie season that saw Achara earn a first-team contract after scoring three goals in pre-season.Unable to take part in Toronto's Feb. 29 season opener in San Jose because of red tape, he scored in his MLS debut the next week to give Toronto a 1-0 win over visiting New York City FC. The pandemic halted play days after.The league has since resumed play with Toronto based out of East Hartford, Conn.It has made for some lonely days, with Achara rehabbing daily at the club's north Toronto training centre. "A lot of people are stuck in a lot of places. Digitally we're staying in touch," he said. "That helps a lot."He has also developed an interest in investing in the stock market, so he has been reading up on that. Nigeria, a country of some 214 million located off the Gulf of Guinea in west Africa, had some 62,250 confirmed COVID-19 cases and 1,135 deaths as of Wednesday, according to the Nigeria Centre for Disease Control.\----With files from The Associated Press This report by The Canadian Press was first published Oct. 28, 2020Neil Davidson, The Canadian Press
Eight Covid marshals will be introduced to the city.
PHILADELPHIA (AP) _ Independence Realty Trust Inc. (IRT) on Wednesday reported a key measure of profitability in its third quarter. The real estate investment trust, based in Philadelphia, said it had funds from operations of $19.4 million, or 20 cents per share, in the period. Funds from operations is a closely watched measure in the REIT industry.
CHICAGO (AP) _ Equity Commonwealth (EQC) on Wednesday reported a key measure of profitability in its third quarter. The Chicago-based real estate investment trust said it had funds from operations of $3.4 million, or 3 cents per share, in the period. Funds from operations is a closely watched measure in the REIT industry.
Hyderabad (Telangana) [India], October 29 (ANI): A sub-inspector and a constable posted at Gandhi Nagar police station here were caught by the Anti-Corruption Bureau (ACB) officials while demanding and accepting a bribe of Rs 30,000 on Wednesday.
New York, New York--(Newsfile Corp. - October 28, 2020) - The following statement is being issued by Levi & Korsinsky, LLP:To: All persons or entities who purchased or otherwise acquired securities of Peabody Energy Corporation ("Peabody") (NYSE: BTU) between April 3, 2017 and October 28, 2019. You are hereby notified that a securities class action lawsuit has been commenced in the the United States District Court for the Southern District of New York. To ...
FREDERICTON — Matthew Raymond coolly described to the court Wednesday how he shot and killed four people outside his apartment building in 2018, testifying that he believed his victims were "demons" coming to kill him. Raymond faces four counts of first-degree murder in the deaths of Donnie Robichaud, Bobbie Lee Wright and Fredericton police constables Robb Costello and Sara Burns. The defence admits Raymond, 50, shot the victims but is trying to prove that he should be found not criminally responsible because of a mental disorder. Raymond told the court that on the morning of Aug. 10, 2018 he had been awake all night doing calculations and making notes. He said he determined that the "end of times" had begun and people around him were "demons" out to get him. He said he altered his rifle to allow it to hold 10 bullets instead of five. “I thought the time was now or never to cut it off,” Raymond told the jury. “The end of times was happening, and I had a right to defend myself.” Raymond said he thought there were a dozen "demons" outside his door and more would be coming. He said he loaded the gun and looked out the window. “I thought I was under attack. I saw a demon, and I fired,” Raymond said. Under questioning he said he fired at the person five times before noticing someone else in a car and firing at her twice. Defence lawyer Nathan Gorham asked Raymond what he was thinking. “I didn’t have any actual thought," he replied. Raymond's offered a mater-of-fact description of the killings as family members of the victims and his mother cried in the courtroom. Raymond said he saw two other "demons" crouching by a car but he didn’t shoot at them. He said he also saw "demons" in the windows of other buildings in the apartment complex. He shot at them and believed he hit them. Raymond said two other people arrived and were walking one ahead of the other. “That unfortunately was the police,” he told the court. Raymond said he shot the first officer in the side and then shot him three more times after he fell to the ground. He said shooting the second officer was surreal. "I was looking at her and the gun went off," he said. Gorham asked what Raymond’s intent was. “To stop the attack,” Raymond said. “To kill them.” Raymond said he later saw two other police officers, and as he pointed his rifle, one of the officers shot him in the abdomen. He described how police used tear gas before storming his apartment and taking him into custody. Earlier in the day, Raymond described how he had barricaded himself inside his apartment after growing convinced that his neighbours were out to get him and he might have to use his guns to fight his way out of his apartment. He said he interpreted noises he was hearing as threats. He said he was not sleeping and thought everyone was against him because he had staged a protest opposing immigration. Gorham showed notes and calculations Raymond had in his apartment. Most of the calculations ended with numbers that Raymond said were indications of serpents and demons. One of the notes read: "You serpents picked the wrong man to test. I am not alone. He's watching." Raymond testified that the calculations also told him that he was going to have to leave the apartment, "otherwise I was going to die there." Raymond said he is unable to interpret many of the calculations and notes today, because he no longer holds the strong belief in demons that guided his actions in 2018. "I don't know what the heck this gibberish means," he said. "It's gone out of my mind. I don't believe in it anymore." Raymond's testimony will continue Thursday. This report by The Canadian Press was first published Oct. 28, 2020. Kevin Bissett, The Canadian Press
Here’s a look at the NFL’s Week 8 matchups on Sunday, including the broadcasting TV network for each game. You can also livestream games within your market on the Yahoo Sports App.
"Is there any place you would rather be than at a Trump rally on about a 10-degree evening?" the president told the crowd
The 57-year-old says a tumour was found in her bladder in the spring and she is now in remission.
NEW YORK, Oct. 28, 2020 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Coty Inc. (NYSE: COTY) between October 3, 2016 and May 28, 2020, inclusive (the “Class Period”), of the important November 3, 2020 lead plaintiff deadline in the securities class action. The lawsuit seeks to recover damages for Coty investors under the federal securities laws. To join the Coty class action, go to http://www.rosenlegal.com/cases-register-1866.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email email@example.com or firstname.lastname@example.org for information on the class action.According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose to investors that: (1) despite being no stranger to beauty brand acquisitions, Coty did not have adequate processes and procedures in place to assess and properly value the P&G Specialty Beauty Business and Kylie Cosmetics acquisitions; (2) as a result, Coty had overpaid for the P&G Specialty Beauty Business and Kylie Cosmetics; (3) Coty did not have adequate infrastructure to smoothly integrate and support the beauty brands that it acquired from P&G, including an adequate supply chain; (4) as a result of its inadequate infrastructure, Coty was not successfully integrating the beauty brands it acquired from P&G and not delivering synergies from the acquisition; and (5) as a result of the foregoing, Coty’s financial statements and defendants’ statements about Coty’s business, operations, and prospects, were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 3, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-1866.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at email@example.com or firstname.lastname@example.org.NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee a similar outcome.\-------------------------------Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 email@example.com firstname.lastname@example.org email@example.com www.rosenlegal.com
EDMONTON — Donald Frank Mazankowski, a former Tory deputy prime minister, has died at the age of 85. Speaker Anthony Rota announced the news in the House of Commons Wednesday and MPs held a moment of silence in his memory. Whether working as Brian Mulroney’s right-hand man in Ottawa or selling cars in his hometown of Vegreville, Alta., “Maz” was known as a down-to-earth farm boy who got the job done. The son of Polish immigrants, Mazankowski served in several top cabinet positions including finance and agriculture under Mulroney and transport under Joe Clark. In 2003, Mazankowski was involved in behind-the-scenes talks to broker a deal to unite the former Canadian Alliance and Progressive Conservative parties. During his 25 years in Parliament, Mazankowski also served as president of Treasury Board, government House leader, minister responsible for the Canadian Wheat Board and privatization minister. Mulroney once called the tall, burly man who could play a mean fiddle and liked to croon old cowboy songs his “minister of everything.” First elected to the Commons in 1968, Mazankowski strived to keep in touch with constituents in his sprawling rural riding east of Edmonton. He was so popular that thankful citizens commissioned a statue of Maz in Vegreville before he retired from elected office in 1993. “For 25 years Don Mazankowski has served his constituency, his party and his country,” reads the dedication for the one-tonne bronze depiction of Maz giving a speech. “Even though he has risen to great prominence nationally and internationally, he has maintained a humbleness and genuine friendliness.” Following his retirement from the Commons, Mazankowski remained active in politics and continued to draw the public spotlight. Former Alberta premier Ralph Klein appointed him to lead a controversial commission to review Alberta’s health-care system. The commission’s report in 2001 recommended dropping coverage for some medical services and drugs, increasing health-care premiums and expanding the use of private health clinics. Mazankowski was named as a companion of the Order of Canada — the highest civilian honour — in 2013. He had been an officer of the Order of Canada since 2000. This report by The Canadian Press was first published Oct. 28, 2020. John Cotter, The Canadian Press