Dave Heger, Edward Jones Technology analyst joins the On the Move panel to discuss what to expect when Big Tech companies report earnings.
Dave Heger, Edward Jones Technology analyst joins the On the Move panel to discuss what to expect when Big Tech companies report earnings.
Box CEO Aaron Levie — one of the most outspoken executives in Silicon Valley — sharply criticized a potential break up of the tech giants as a misguided solution that would fail to address consumer concerns and threaten the competitiveness of the U.S. tech sector.
The "Europe Bunker Fuel Market - Growth, Trends, and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
Christmas lends itself very nicely to movie watching. Everyone has time to burn and the entire family is far too full of mince pies and lukewarm leftover turkey to actually muster the energy required to leave the sofa.With that in mind, Christmas films are an indispensable part of the cinema landscape. These are movies people often watch every single year and fall in love with over the course of time. The 21st century has yielded its fair share of festive classics, which already feel as essential to the Christmas experience as trees, presents and the year's most depressing episode of EastEnders.Read more: Things we learned from Paul Feig about Last ChristmasBut which is the best Christmas film of the 21st century? It's time to crunch the numbers. From a longlist of the major festive releases since 2000, we ranked them three times — based on global box office, Rotten Tomatoes critic score and the same site's audience score — and awarded points for the rankings.The result is a (theoretically) definitive list of the best the 21st century has to offer when it comes to Christmas viewing. So settle down with that advent calendar you promised yourself you wouldn't entirely consume before December even starts, and dive in.
Frenchman Romain Grosjean said it would not be the end of the world if he could not make his Formula One comeback at the season-ending Abu Dhabi Grand Prix, after escaping relatively unscathed from an horrific fiery crash last week. The 34-year-old escaped with burns to the back of his hands and not even a broken bone after his Haas car penetrated a metal barrier, split in two and burst into flames in a high-speed opening-lap crash at the Bahrain Grand Prix. Sitting out this weekend’s penultimate race around the same Sakhir track’s outer circuit, Grosjean said a return in Abu Dhabi would depend on how fast his burns heal.
NEW YORK — U.S. stocks are ticking higher and heading back toward record highs on Friday, despite discouraging data detailing how much damage the deepening pandemic is doing to the job market. The S&P 500 was 0.2% higher in early trading, putting it on pace to erase its slight loss from the day before. The much weaker-than-expected jobs report may perversely have been bad enough to kick Congress out of its partisan-driven paralysis and deliver more support for the economy. Hopes also remain deeply rooted on Wall Street that one or more coronavirus vaccines are on the way to rescue the global economy next year. THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. BEIJING (AP) — Global stock markets and U.S. futures rose Friday ahead of the latest report on the pace of American hiring and after major oil producers agreed to increase production gradually. Benchmarks in London, Shanghai, Paris and Hong Kong advanced while Tokyo declined. U.S. stock futures were up slightly. Investors are looking ahead to the monthly jobs report, which analysts think will show a slight slowdown in the pace of hiring in November from the previous month’s 638,000. Market sentiment has also been improved this week by data showing fewer Americans than expected applied for jobless benefits last week and service industries grew in November. They also were optimistic about possible progress toward a new U.S. economic aid plan. “Expectations of a holiday pandemic relief bill are offsetting the immediate pain the coronavirus is having on the economy,” Edward Moya of Oanda said in a report. “Expectations are high for the virus lockdowns to improve in January as vaccines are produced and distributed.” The FTSE 100 in London was up 0.8% to 6,544 and the CAC 40 in Paris added 0.4% to 5,595. The DAX in Frankfurt was down less than 0.1% at 13,243. On Wall Street, the futures for the S&P 500 index and the Dow Jones Industrial Average were up 0.4%. In Asia, the Shanghai Composite Index added less than 0.1% to 3,444.58 while the Nikkei 225 in Tokyo shed 0.2% to 26,751.14. The Hang Seng in Hong Kong rose 0.4% to 26,835.92. The Kospi in Seoul gained 1.3% to 2,731.45 and Sydney's S&P-ASX 200 was 0.3% higher at 6,634.10. India's Sensex rose 0.6% to 44,887.17. Investors hope one or more coronavirus vaccines might be available next year despite the challenges of making and distributing billions of doses that must be kept frozen. Pfizer, which received British approval for emergency use of its vaccine, told The Wall Street Journal that testing and setting up a supply chain took longer than expected. Also Thursday, U.S. health authorities reported a one-day record of 3,157 virus deaths. “Before we can make new gains, there is the usual sentiment tug of war between medium-term optimism and near-term COVID-19 despair,” Stephen Innes of Axi said in a report. Investors have been encouraged by signs Democrats and Republicans in Washington may get past their bitter partisanship to agree on an economic aid package. House Speaker Nancy Pelosi and Senate Majority Leader Mitch McConnell spoke Thursday after Pelosi signalled a willingness to make concessions. President-elect Joe Biden urged Congress on Wednesday to pass a relief bill now, with more aid to come next year. Oil prices edged higher after OPEC and allied countries including Russia agreed Thursday to increase oil production only gradually, starting with 500,000 barrels per day in January. They slashed output earlier to shore up prices as curbs on business depressed demand. Benchmark U.S. crude gained 40 cents to $46.04 per barrel in electronic trading on the New York Mercantile Exchange. The contract rose 36 cents on Thursday. Brent crude, used to price international oils, was up 43 cents at $49.14 per barrel in London. It added 46 cents the previous session. The dollar edged up to 103.99 yen from Thursday's 103.97 yen. The euro rose to $1.2167 from $1.2143. The Associated Press
Grandpa would love any of the gifts on this list, from new slippers to a robot vacuum to flannel PJs.
Exploration and production names rocketed higher in November, but is the news as good as the stock advances suggest?
Is the target of a class action lawsuit, along with Rio Tinto plc, Rio Tinto Limited, Rio Tinto subsidiary ...
TOKYO — Japanese Prime Minister Yoshihide Suga pledged a 2 trillion yen ($19 billion) fund on Friday to promote ecological businesses and innovation to achieve his goal of zero net carbon emissions by 2050.Suga, who took office in mid-September, set climate change as one of his main policy goals along with promoting a digital transformation of Japanese society — issues which were left behind by his predecessor, Shinzo Abe, who resigned because of ill health.“The fund is to bolster environmental investment as we aim to become a global leader in this area,” Suga said.He pledged to achieve carbon neutrality by 2050 in a policy speech in October, though it will be a major challenge given Japan’s significant reliance on fossil fuel.Suga, in his first full-fledged news conference since taking office, said Friday that his Cabinet plans next week to approve an economic package that will also include 1 trillion yen ($9.5 billion) to promote the country's digital transformation — a weakness that Japan recognized when companies were requested to allow employees to work from home in response to the coronavirus and many were unable to.Although he is known for a pragmatic approach to getting things done, it's unclear whether Suga has the political heft to overcome vested interests in weaning the resource-poor nation from its reliance on imported oil and gas.He said Japan needs to strive to become a global leader in achieving carbon neutrality, and that investment in the environment is a growth opportunity, not a burden.Suga repeated that he plans to deepen Japan's alliance with the United States and promote a vision of a “Free and Open Indo-Pacific” to counter growing Chinese influence in the region.For now, with Japan struggling to cope with a surge in COVID-19 cases nationwide, Suga said balancing control of the pandemic with protecting the economy will continue to be his main focus.“As we continue to face coronavirus infections, what's most important for us is to restore a sense of safety and hope for the future,(asterisk) Suga said.___Follow Mari Yamaguchi on Twitter at https://www.twitter.com/mariyamaguchiMari Yamaguchi, The Associated Press
Los Angeles, California--(Newsfile Corp. - December 4, 2020) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Mesoblast Limited (NASDAQ: MESO) ("Mesoblast" or "the Company") for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between April 16, 2019 and October 1, 2020, inclusive (the ...
UK business leaders warn of Brexit red tape 'tidal wave' even with dealCBI’s Josh Hardie pleads with UK and EU to redouble efforts to help businesses prepare
He was charged with peeping, officials say.
Red Devils boss Ole Gunnar Solskjaer is hoping the 23-year-old overcomes a shoulder injury in time to face the Hammers on Saturday.
Dublin, Dec. 04, 2020 (GLOBE NEWSWIRE) -- The "High Altitude Platforms - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. The publisher brings years of research experience to the 7th edition of this report. The 229-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed. Global High Altitude Platforms Market to Reach $1.6 Billion by 2027 Amid the COVID-19 crisis, the global market for High Altitude Platforms estimated at US$1.2 Billion in the year 2020, is projected to reach a revised size of US$1.6 Billion by 2027, growing at a CAGR of 4.8% over the analysis period 2020-2027. Airships, one of the segments analyzed in the report, is projected to record a 5.1% CAGR and reach US$555.6 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Unmanned Aerial Vehicles (UAV) segment is readjusted to a revised 4.6% CAGR for the next 7-year period. The U.S. Market is Estimated at $345.2 Million, While China is Forecast to Grow at 4.5% CAGR The High Altitude Platforms market in the U.S. is estimated at US$345.2 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$287.4 Million by the year 2027 trailing a CAGR of 4.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.5% CAGR. Tethered Aerostat Systems Segment to Record 4.4% CAGR In the global Tethered Aerostat Systems segment, USA, Canada, Japan, China and Europe will drive the 4.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$187.6 Million in the year 2020 will reach a projected size of US$256.4 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$181 Million by the year 2027. Competitors identified in this market include, among others: * AIRBUS SAS * Avealto Ltd. * Israel Aerospace Industries (IAI) * Lindstrand Technologies Limited * Lockheed Martin Corporation * Rafael Advanced Defense Systems Ltd. * Raven Aerostar * Raytheon Company * Tcom L. P. * Thales GroupKey Topics Covered: I. INTRODUCTION, METHODOLOGY & REPORT SCOPE II. EXECUTIVE SUMMARY 1\. MARKET OVERVIEW * Global Competitor Market Shares * High Altitude Platforms Competitor Market Share Scenario Worldwide (in %): 2019 & 2025 * Impact of Covid-19 and a Looming Global Recession2\. FOCUS ON SELECT PLAYERS 3\. MARKET TRENDS & DRIVERS 4\. GLOBAL MARKET PERSPECTIVE III. MARKET ANALYSIS IV. COMPETITION * Total Companies Profiled: 46 For more information about this report visit https://www.researchandmarkets.com/r/cx56kvResearch and Markets also offers Custom Research services providing focused, comprehensive and tailored research. CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager firstname.lastname@example.org For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
NEW YORK, Dec. 04, 2020 (GLOBE NEWSWIRE) -- Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from leaders at: Tilray, Inc. (NASDAQ: TLRY), Icanic Brands (OTC: ICNAF) (CSE: ICAN), Aurora Cannabis (NYSE: ACB) (TSX: ACB), and HEXO Corp. (NYSE: HEXO)Cannabis leaders are focusing on innovation in premium branding, global expansion, and tight operational execution in the drive towards profitability. Wall Street Reporter highlights the latest comments from industry thought leaders:Icanic Brands (OTC: ICNAF) (CSE: ICAN) CEO Brandon Kou: ”Ready to Scale with Quality Brands, and a Superior Gross Margin Profile”“The Tesla of Cannabis” is what some savvy investors are calling Icanic Brands (OTC: ICNAF) (CSE: ICAN), after its recent presentation at Wall Street Reporter’s “Investors Discovery Day” livestream. ICNAF is a leader in the California market, and specifically in the pre-rolled space, with its award-winning “Ganja Gold” brand, sold in hundreds of retail outlets. A key component of ICNAF’s success is its pre-roll manufacturing technologies which produce consistent, high-quality pre rolls at high gross margins - a major competitive advantage in the cannabis industry.Watch ICNAF Investors Discovery Day 12/4 Livestream: https://bit.ly/3gbJJVfIn his livestream presentation, ICNAF CEO Brandon Kou outlines the company’s growth strategy, based on a “three pillar approach”: sales platform, technology, and vertical integration which lead to a superior gross margin profile. With a profitable foundation established, ICNAF is now at an inflection point where it’s ready to start scaling revenues and expand with strategic M&A opportunities. December 4, 2020 VIDEO: https://bit.ly/3gbJJVfDecember 1 - ICNF reports $C7.9 million revenues and $560,000 in positive adjusted EBITDA for FY 2020. ICNAF also announces expansion to its new California facility which will house ICNAF’s second automated pre-roll machinery, being put into production in Q1-2021, resulting in a significant increase in overall production capacity. Over the past 12 months, ICNAF has seen a significant increased demand for its pre-roll brands (Ganja Gold and Taylors) and the addition of automation equipment that has been sourced and developed to keep up with the demand requires a much larger physical manufacturing facility.November 10 - Ganja Gold has been recognized by LeafLink as Fastest Growing pre-rolls in the nation. LeafLink analyzes orders between 1,700+ cannabis brands and 5,500+ retailers, in North America. The Fastest-Growing categories represent the most popular brands and products on the platform in 2020.Watch ICNAF Investors Discovery Day 12/4 Livestream: https://bit.ly/3gbJJVfHEXO Corp. (NYSE: HEXO) CEO Sebastien St.Louis: ”Now On Path Towards Positive Earnings Growth” “...Despite the many dire economic and social consequences the pandemic has caused, the cannabis industry continues to grow. And that’s a testament to the consumer demand for safe and legal product that we offer. The industry has a $2.9 billion run rate and continues to grow. We remain in a top four market share position closing in on the third spot and increasing the gap between number of ourselves and the number five and number six LPs…. We’ve been deliberate and selective in our launch of 2.0 products. We’ve launched vape pens, our Hash products and they’ve been overwhelming successes. Great quality reviews and we are number one in the Hash category. We continued to lead the way with Original Stash, including our 28 gram package format, which is a high quality consistent product priced to compete directly with the illicit market. This was an industry first and HEXO reset the Canadian market for dried flower as a result, many of our competitors scrambled to duplicate our efforts.“...While we strive for consistent positive EBITDA, we’re also focused on learning from the past. It’s not our intention to overpay for assets or overbuild our capacity. With today’s announcement, we feel we’ve put ourselves on a path towards positive earnings per share. Our capital-light global strategy to partner with Fortune 500 companies continues...We have a lot of work to do, but the good news is that our revenues are growing. Our yields and volume sold have improved. Our normalized gross margin is healthy, and our costs continue to come down. Our adjusted EBITDA loss improved materially in the fourth quarter. And we hope to be EBITDA positive very soon…”HEXO Corp. (NYSE: HEXO) Q4 2020 Earnings Highlights: https://bit.ly/2JKlC4bAurora Cannabis (NYSE: ACB) (TSX: ACB) CEO, Miguel Martin: “Focused on Delivering ‘Quality Revenue’ through Premium Brands”“...the consumer has demonstrated very dynamic tendencies with market share moving very quickly between brands, unlike in more stable CPG categories. This provides us with a great opening for our pivot to premium brands….Data from Canada and other mature markets indicate that premium and super premium brands have been and will continue to be successful in all formats. Therefore, Aurora has a real opportunity for a more articulated and balanced portfolio offering with a greater focus on higher margin and sustainable premium assets, such as vapes, pre-rolls and premium flower offerings across multiple price tiers....We are also working to expand our leading concentrates and to refocus our dried flower business toward higher gross profit dollar pools...The key of course, is to ensure that in doing so we are delivering more dollars to the gross profit line versus simply just delivering low margin revenue. We are therefore much more interested in our market share within premium and super premium categories, along with our market share of categories, such as vapor, pre-rolls and concentrates that are margin accretive compared to our market share in the deep discount flower business...our intention is to generate not just revenue but quality revenue, that will deliver a healthy gross profit dollar as opposed to essentially just a gross margin percentage.”Aurora Cannabis (NYSE: ACB) Earnings Call Highlights: https://bit.ly/3lgMGWBTilray, Inc. (NASDAQ: TLRY) CEO, Brendan Kennedy: “Europe Cannabis is Next Big Growth Opportunity”“...We are operating in an efficient manner across our entire business, global medical cannabis, Canadian adult use-cannabis and global hemp. With the completion of our significant cost reductions, we are now poised to leverage our cost structure and ensure we are one of the global winners in this industry. We have ample cash availability on our ATM to execute our strategy...With our infrastructure in place, we will continue to focus on building brands and developing products that resonate with consumers and established Tilray as the most trusted cannabis and hemp company in the world.”“...I think that we'll see possibly the entire EU legalize cannabis for medical-use over the course of the next, let's call it, 18 months...We are committed to long-term profitable growth in Europe as regulations continue to change and country markets develop...We are continuing to see increases in both the number of patients in Germany with cannabis prescriptions, as well as the number of doctors who are writing prescriptions for these patients... We believe that we are effectively building brand awareness similar to the way that we did in Canada four years ago and expect to see continued patient and revenue growth given Germany's large population base. In fact, we believe that the adoption curve in Germany is occurring at a faster pace compared to Canada during 2014 and 2015. Recently, we have seen a number of competitors either cease European operations or significantly reduced their presence there. We believe this will become a long-term strategic advantage for Tilray. The commitments we have made to the EU market with our Portugal GMP campus and regional leadership team based in Germany, position us well to continue to capture market share in Germany and more broadly in Europe...”Tilray, Inc. (NASDAQ: TLRY) Earnings Call Highlights: https://bit.ly/3m2MqdYWALL STREET REPORTERWall Street Reporter (Est. 1843) is the leading financial news provider, focused on giving investors direct access to CEO's of promising, publicly-traded companies, and market experts. www.WallStreetReporter.comAbout Wall Street Reporter’s Next Super Stock conference:Wall Street Reporter's NEXT SUPER STOCK Live! conference is dedicated to featuring select companies that have near-term catalysts in place which can drive transformational growth (and stock appreciation) in the months ahead. Click here to join next livestream event: https://www.wallstreetreporter.com/next-superstock-online-investor-conference/CONTACT:WALL STREET REPORTER(212) 871-2057 ext 7www.WallStreetReporter.com
Parliament in Tehran passes law to boost enrichment and kick out international inspectors if sanctions not lifted
Mining giant Glencore’s CEO Ivan Glasenberg today announced Gary Nagle, a senior trader known to some as “mini-Ivan”, to succeed him when he retires next year after 15 years. Nagle, who joined the FTSE-100 giant 20 years ago and led operations in Colombia before rising through the ranks to head up its coal unit, will move over from Australia to its HQ in Switzerland early next year. Nagle is known by some as “mini-Ivan", is also South African and attended the same university as Glasenberg, Witwatersrand in Johannesburg.
Los Angeles, California--(Newsfile Corp. - December 4, 2020) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Precigen, Inc. (NASDAQ: PGEN) ("Precigen" or "the Company") for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between May 10, 2017 and September 25, 2020, inclusive (the ...
Despite a province-wide rental freeze for 2021, Windsorite Amanda Younan says she's "angry" that her landlord is trying to increase her rent for March. Younan, who has been renting a home off of Erie Street for the last seven years, says she was notified three weeks ago that her rent will increase by 1.5 per cent. But in October, the province implemented a rental freeze due to the COVID-19 pandemic. The freeze prevents rental increases for most tenants in 2021. When Younan emailed her landlord about the freeze, she said they told her it only applied to people on social assistance or those who have occupied a residence after 2018. Yet, on the Ontario government's website, it says the rent freeze applies to most tenants, including those living in: * Rented houses, apartments and condos (including units occupied for the first time for residential purposes after Nov. 15, 2018). * Basement apartments. * Care homes (including retirement homes). * Mobile home parks. * Land lease communities. * Rent-geared-to-income units and market rent units in community housing. * Affordable housing units created through federally and/or provincially funded programs. Worries others might be 'taken advantage of'Younan currently pays $900 for her space. Although she acknowledges that the increase is minimal — about $13 — she says it's the "principle of following the rules." "I think everyone just needs to know about it because they're going to be taken advantage of," she said. "I don't want [my landlord] to retaliate against us for anything like we're just trying to follow the rules. They should have to follow the rules like everybody else." Younan said she went to the Landlord and Tenant Board, which confirmed that she shouldn't be subject to the increase.But Younan said her landlord has not responded to her email that includes the board's response. CBC News has reviewed the emails between Younan and her landlord. Home 2 Home Properties Inc. is the property management company for Younan's rental. Marie Latif with Home 2 Home Properties Inc. spoke with CBC News, though she did not want to do a formal interview. Latif said that the tenant does not have to pay the rent increase, though Younan says they have not told her that. Few exemptions to rent freezeIn an email to CBC News, the Ministry of Municipal Affairs and Housing confirmed that the government's passing of bill 204, Helping Tenants and Small Businesses Act, 2020, means that most rents can not increase next year. "There are very few exemptions to this freeze," the statement reads. Exceptions to this include above guideline increases approved by the Landlord and Tenant Board before Oct. 1, 2020. These can still be approved by the board and applied to 2021 rents if they are for "costs related to eligible capital repairs and security services, but not if they are for extraordinary increases in municipal taxes and charges," the website states. Additionally, the website notes that tenants and landlords can still agree on rent increases in exchange for another service or facility, such as air conditioning or parking. The rent freeze is expected to end on Dec. 31, 2021, and landlords are to give "proper 90 days' notice beforehand for a rent increase that takes effect in 2022," the website states. As a result of this, Legal Assistance of Windsor lawyer Anna Colombo told CBC News that anyone given notice of a rent increase does not have to pay it for 2021, regardless of their income level. "[Younan] might want to have a conversation with her landlord ... and communicate that she's not going to be paying that rent increase that those aren't allowed until January 2022 and again providing that proper 90 day notice, within the proper amount and the proper form," Colombo said. MPP says many similar complaints have been heard Windsor West MPP Lisa Gretzky says Younan is not alone and that what she has experienced is "very common." "It goes back to the fact that the government needs to do a better job of ensuring that the tenants know their rights and that those rights are respected and enforced. But also that landlords know the rules and are clear on what it is that they can and can't do as far as the rent increases come or evictions and things like that," she said. Gretzky attributes uncertainty on this to the government failing to appropriately and consistently communicate. "What we've seen with many government announcements and decisions lately is it tends to be very fluid so things change and people get confused or direction is unclear," she said. She said tenants should continue to voice their concerns or issues to their local MPP.
The robotic probe lifts off from the lunar surface carrying samples of rock and dust to send to Earth.