Business loss – Loro Dinapoli http://lorodinapoli.org/ Fri, 29 Oct 2021 17:31:29 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 http://lorodinapoli.org/wp-content/uploads/2021/07/icon-2021-07-06T154208.998-150x150.png Business loss – Loro Dinapoli http://lorodinapoli.org/ 32 32 Exxon posts best results since 2017, commits to resume share buybacks http://lorodinapoli.org/exxon-posts-best-results-since-2017-commits-to-resume-share-buybacks/ http://lorodinapoli.org/exxon-posts-best-results-since-2017-commits-to-resume-share-buybacks/#respond Fri, 29 Oct 2021 17:06:00 +0000 http://lorodinapoli.org/exxon-posts-best-results-since-2017-commits-to-resume-share-buybacks/ Exxon promises to launch quarterly buybacks of $ 1.2 billion in 2022 Savings resulting from restructuring, higher prices improve results The company will spend more on carbon reduction companies Oct. 29 (Reuters) – Exxon Mobil Corp (XOM.N) on Friday pledged to relaunch its long-dormant share buyback program next year, supported by higher earnings and improved […]]]>
  • Exxon promises to launch quarterly buybacks of $ 1.2 billion in 2022
  • Savings resulting from restructuring, higher prices improve results
  • The company will spend more on carbon reduction companies

Oct. 29 (Reuters) – Exxon Mobil Corp (XOM.N) on Friday pledged to relaunch its long-dormant share buyback program next year, supported by higher earnings and improved cash flow in the third quarter, the surge in global economic activity that triggered demand for fossil fuels exploded.

The profit surge follows several years of poor returns and steep cost cuts for Exxon, and as restless shareholders voted this year to appoint three new directors to the company’s board over their dissatisfaction vis-à-vis its management.

Exxon’s announcement that he will resume share buybacks brings him back to the strategy he pursued for more than a decade, as he was once the largest repurchaser of US companies before suspending this. practice in 2016.

The country’s largest oil and gas company reported third quarter net profit of $ 6.75 billion, or $ 1.57 per share, the highest since the last quarter of 2017. That compared to a loss of $ 680 million, or 15 cents per share, in the one year period earlier.

Exxon’s adjusted earnings of $ 1.58 per share were two cents above Refinitiv’s estimate, with results supported by oil and gas prices more than doubling in the past year.

Third quarter results reflected the highest refining profit in at least two years, soaring natural gas prices and energy shortages that pushed oil to a three-year high. Crude prices continued to climb to near their highest level in seven years.

Exxon shares rose 0.8% to $ 64.83 in the early afternoon.

All three of the company’s businesses have delivered higher returns through past cost-cutting restructurings and as the global economy emerges from the coronavirus pandemic, CEO Darren Woods said.

The benefits of these changes “are showing,” Woods told analysts on a conference call, adding that Exxon expects to “generate the same growth in earnings and cash flow as our pre-pandemic plans” for. an annual profit of $ 30 billion by 2025.

Its cash flow outlook will allow the company to resume share buybacks starting next year as part of a plan to spend up to $ 10 billion on buybacks through 2023, said Exxon.

An Exxon Mobil Corp logo is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil, September 24, 2018. REUTERS / Sergio Moraes / File Photo

“The macro winds are in the backs of Exxon, with high upstream prices, strong downstream demand, and chemical margins which, while no longer peaking, remain quite strong,” said Stewart Glickman. , energy equity analyst at CFRA Research.

REDUCTION OF CARBON EMISSIONS

In 2016, Exxon scaled back its share buybacks amid weak results, saying it would buy back shares only to offset dilution in executive compensation plans rather than returning money to shareholders.

In the previous decade, Exxon spent $ 210 billion to buy back its own shares, more than any other American company during this period.

A day after Exxon’s Woods appeared before Congress to respond to the company’s previous rejection of global warming, Exxon said it planned to spend $ 15 billion to reduce its carbon emissions between 2022 and 2027.

Oil and gas profits soared in the third quarter on strong international demand, reaching nearly $ 4 billion from a loss of $ 383 million a year ago. Chemicals profits slipped from last quarter’s peak, but more than tripled from the same period last year.

The company said it would benefit in the fourth quarter from increased oil and gas volumes, increased seasonal demand for gas in Europe and the $ 1 billion sale of its UK assets at sea. North.

Exxon shares have risen more than 50% this year, as profits rebounded from last year’s historic loss, but remain below where they were trading at the start of 2020. This year’s profit helped the company pay off around $ 11 billion in debt incurred last year to cover its dividend.

Earlier this year, Exxon spent heavily in a proxy battle waged by a small hedge fund unhappy with the oil and gas company’s strategy. The fund, Engine No. 1, succeeded in convincing enough shareholders to vote for three new directors to sit on the board of Exxon.

“The results show the company’s renewed confidence in its business by being able to spend much more next year, spend more on low-carbon solutions while increasing the dividend and starting to buy back shares. “said Anish Kapadia, director of energy at Palissy Advisors.

Exxon Mobil was once the poster child for buyouts. After 5 years of hiatus, she plans to relaunch the buybacks.

Reporting by Arathy S Nair in Bengaluru; Editing by Shounak Dasgupta, Steve Orlofsky and Paul Simao

Our Standards: Thomson Reuters Trust Principles.


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Wolfspeed Reports Loss – But It’s Less Than Analysts Expected http://lorodinapoli.org/wolfspeed-reports-loss-but-its-less-than-analysts-expected/ http://lorodinapoli.org/wolfspeed-reports-loss-but-its-less-than-analysts-expected/#respond Thu, 28 Oct 2021 10:34:19 +0000 http://lorodinapoli.org/wolfspeed-reports-loss-but-its-less-than-analysts-expected/ DURHAM – Wolfspeed, Inc. (WOLF) on Wednesday reported a loss of $ 70.1 million in its first fiscal quarter. The Durham-based company said it suffered a loss of 60 cents a share. Losses, adjusted for one-time costs and stock option charges, were 21 cents per share. The results exceeded Wall Street’s expectations. The average estimate […]]]>

DURHAM – Wolfspeed, Inc. (WOLF) on Wednesday reported a loss of $ 70.1 million in its first fiscal quarter.

The Durham-based company said it suffered a loss of 60 cents a share. Losses, adjusted for one-time costs and stock option charges, were 21 cents per share.

The results exceeded Wall Street’s expectations. The average estimate of six analysts polled by Zacks Investment Research was of a loss of 24 cents per share.

“We are pleased to report a strong fiscal first quarter, our fifth consecutive quarter of revenue growth supported by the growing market for silicon carbide products. We are leading the transition to silicon carbide solutions during a period of significant change, as evidenced by our growing list of customers and our official name change, ”said Gregg Lowe, CEO of Wolfspeed. “We remain confident that the company is well positioned to realize its full potential as a pure global semiconductor powerhouse. “

Cree is now Wolfspeed, its stocks are trading on the NYSE; big deal with GM

The semiconductor and energy products maker reported $ 156.6 million in revenue during the period, also beating Street’s forecast. Five analysts polled by Zacks expected $ 148.7 million.

For the current quarter ending in January, Wolfspeed expects its earnings per share to be between 16 cents and 20 cents.

The company said it expects revenue in the range of $ 165 million to $ 175 million for the fiscal second quarter.

Wolfspeed study finds 13 to 1 efficiency gains with silicon carbide semiconductors in electric vehicles


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LaDonna’s Owner Persists After Losing Husband http://lorodinapoli.org/ladonnas-owner-persists-after-losing-husband/ http://lorodinapoli.org/ladonnas-owner-persists-after-losing-husband/#respond Wed, 27 Oct 2021 02:08:50 +0000 http://lorodinapoli.org/ladonnas-owner-persists-after-losing-husband/ Almost a year after losing her husband, LaDonna White continues and still manages the business they started together. Ladonna’s was opened in 2018 in Atascadero by LaDonna White and Aaron Ezell. White and Ezell would tie the knot in the fall of 2020. “On our first date, we were having lunch and I asked Aaron […]]]>

Almost a year after losing her husband, LaDonna White continues and still manages the business they started together.

Ladonna’s was opened in 2018 in Atascadero by LaDonna White and Aaron Ezell.

White and Ezell would tie the knot in the fall of 2020.

“On our first date, we were having lunch and I asked Aaron what he wanted to do. He said he wanted to build a restaurant. It took us a year to build this, ”White said.

The couple exchanged wedding vows as their restaurant was closed due to the pandemic.

December 7e 2020, Ezell would suddenly die of a heart attack at the age of 41, four months after their marriage.

“On the way to the hospital the last thing Aaron said was I don’t want to lose the restaurant and the last thing I said is we won’t. We reopened a week later, ”White said.

After her passing, LaDonna worked on her own while trying to balance her life with two children.

“I wish he was here to see he was right. He gave me and the kids a gift, ”White said.

“She’s the toughest woman I know,” said White’s best friend, Joanna Nowinski.

Thanks to the help of Nowinski, who took over Aaron’s place at the bar, the restaurant prospered.

“I came to help and here we are 10 months later and I’m still helping and I love it, it’s really fun,” Nowinski said.

And his clients accompany him on his journey to a better future.

“I know all of my clients personally, they have become my family,” White said.

“It’s amazing to see the same customers come and love her and she loves her back,” Nowinski said.

“She has a strong will and desire to keep her restaurant legacy and to keep Aaron’s legacy,” said customer Barbara Edmonston.

“They were a really lovely, very loving couple, you could tell how much they really were in love, and they were such a team,” said customer Amy Holloway.

“We just trusted each other, he rocked the bar and I rocked the kitchen and we were a great team,” White said.


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The last giant piece of the Georgia shipwreck removed from the water http://lorodinapoli.org/the-last-giant-piece-of-the-georgia-shipwreck-removed-from-the-water/ http://lorodinapoli.org/the-last-giant-piece-of-the-georgia-shipwreck-removed-from-the-water/#respond Mon, 25 Oct 2021 20:31:28 +0000 http://lorodinapoli.org/the-last-giant-piece-of-the-georgia-shipwreck-removed-from-the-water/ BRUNSWICK, Georgia – The last giant piece of an overturned freighter was pulled from the waters along the Georgian coast on Monday, nearly a year after demolition began on the wreckage which had overturned with 4,200 automobiles in its decks of cargo. Weighing in excess of 4,000 metric tons (4,410 US tons), the eighth and […]]]>

The last giant piece of an overturned freighter was pulled from the waters along the Georgian coast on Monday, nearly a year after demolition began on the wreckage which had overturned with 4,200 automobiles in its decks of cargo.

Weighing in excess of 4,000 metric tons (4,410 US tons), the eighth and final section of the South Korean freighter Golden Ray left the wreck site off St. Simons Island after a crane l ‘descended on a large barge equipped with a special cradle to hold the debris.

“This is the end of the wreckage removal phase,” said Coast Guard Petty Officer 2nd Class Michael Himes, spokesperson for the multi-agency demolition command.

But the recovery work is not done. Large pieces of the side of the ship and other debris were left after the center of the ship, the most damaged part of the ship, was cut in half, Himes said. These are the last two sections deleted.

Cleaning up that stray debris and wreckage that has fallen from other larger sections, including some cars, will take two weeks or more, Himes said. Next, crews will remove the metal shipping containers and rocks placed around the partly submerged wreckage to stabilize it during demolition, along with the giant mesh barrier installed around the site to contain the debris.

This should all be completed before the end of the year, Himes said.

Meanwhile, the last two large sections taken from the wreckage site must be broken down further before they can leave Georgia for a salvage yard in Louisiana. Himes said it likely won’t be done until early 2022.

The vessel capsized sideways on September 9, 2019, shortly after leaving Brunswick Harbor. All crew members were safely rescued, but rescue experts estimated the ship itself, measuring 656 feet (199 meters) long, to be a total loss.

The United States National Transportation Safety Board reported that the combined losses totaled more than $ 204 million. The agency concluded that an officer’s error in calculating the vessel’s stability left its center of gravity too high, causing the vessel to capsize.

They decided to step over the wreckage with a towering crane and use a long anchor chain fed by winches and pulleys to slowly saw it into eight giant pieces for removal.

Demolition work began on November 6 and was periodically interrupted by chain breaks, a large fire that engulfed the wreckage after being set off by cutting torches and oil leaks that fouled 4 kilometers of beach and swamp grasses.

Some environmentalists have asked the multi-agency command overseeing the demolition for a formal assessment to determine the extent of ecological damage from the spills of oil and other pollutants from the wreckage. No decision has been announced.


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2021 Herbal Weight Loss Products Market High Growth Forecast Due to Rising Demand and Future Trends http://lorodinapoli.org/2021-herbal-weight-loss-products-market-high-growth-forecast-due-to-rising-demand-and-future-trends/ http://lorodinapoli.org/2021-herbal-weight-loss-products-market-high-growth-forecast-due-to-rising-demand-and-future-trends/#respond Sun, 24 Oct 2021 14:12:12 +0000 http://lorodinapoli.org/2021-herbal-weight-loss-products-market-high-growth-forecast-due-to-rising-demand-and-future-trends/ Detailed study and analysis of the Global Herbal Weight Loss Products Market highlights new trends in the herbal weight loss product industry and provides business information to businesses. This study helps manufacturers, suppliers and investors, CEOs to identify opportunities and business optimization strategies to improve their value in the global Herbal Weight Loss Products market. […]]]>

Detailed study and analysis of the Global Herbal Weight Loss Products Market highlights new trends in the herbal weight loss product industry and provides business information to businesses. This study helps manufacturers, suppliers and investors, CEOs to identify opportunities and business optimization strategies to improve their value in the global Herbal Weight Loss Products market. Provides important information for well-known companies which are one of the top performing companies. The report provides comprehensive coverage of existing and potential markets as well as an assessment of competitiveness under changing market scenarios.

The report also presents data in the form of charts, tables and figures along with contact details and business contact details for the major players in the global market. There is a detailed overview of the competitive landscape of the global Herbal Weight Loss Products industry, with all the information gathered and in-depth through SWOT analysis. Opportunities for potential industrial growth were discovered and the competition risks involved were also structured.

Get a FREE sample of this report with charts and graphs at: https://reportsglobe.com/download-sample/?rid=347884

The segmentation chapters allow the readers to understand aspects of the market such as its products, available technology, and applications. These chapters are written to describe their development over the years and the course they are likely to take in the years to come. The research report also provides detailed information on new trends that could define the development of these segments in the coming years.

Herbal Weight Loss Products Market Segmentation:

Herbal Weight Loss Products Market, By Application (2016-2027)

  • Fitness centers
  • Sold online
  • Pharmacies
  • Hypermarkets

Herbal Weight Loss Products Market, By Product (2016-2027)

Major Players Operating in the Herbal Weight Loss Products Market:

  • Arizona Natural Products (United States)
  • Société Anonyme des Laboratoires ARKOPHARMA (France)
  • Bio-Botanica, Inc. (United States)
  • Bionorica SE (Germany)
  • Blackmores Ltd. (Australia)
  • Gaia Herbs, LLC (US)
  • Glanbia plc (Ireland)
  • Herb Pharm, LLC (US)
  • Herbalife International of America, Inc. (United States)
  • Hevert Arzneimittel GmbH & Co KG (Germany)
  • Himalaya Drug Company (India)
  • i-Health, Inc. (US)
  • Indfrag Ltd. (India)
  • Jemo-pharm A / S (Denmark)
  • Natures Aid Ltd. (UK)
  • Nature’s Answer (United States)
  • Nature’s Bounty, Inc. (US)
  • Solgar Inc. (United States)
  • Sundown Naturals (United States)
  • NaturaLife Asia Co., Ltd. (South Korea)
  • Nature’s Sunshine Products, Inc. (United States)
  • Products of Nature’s Way, Inc. (United States)
  • New Chapter, Inc. (US)
  • International Nutraceutical Company (United States)
  • Pharmaà ??  Nord ApSà ??  (Denmark)
  • Pharmavite LLC (United States)
  • Potter’s Herbals (United Kingdom)

Company Profiles – This is a very important section of the report which contains accurate and detailed profiles for the major players in the global Herbal Weight Loss Products Market. It provides information on core business, markets, gross margin, revenue, price, production, and other factors that define the market development of the players studied in the Weight Loss Products Market report at herbal.

Global Herbal Weight Loss Products Market: Regional Segments

The various sections on regional segmentation give regional aspects of the Global Herbal Weight Loss Products Market. This chapter describes the regulatory structure likely to have an impact on the entire market. It highlights the political landscape of the market and predicts its influence on the global herbal weight loss products market.

  • North America (United States, Canada)
  • Europe (Germany, United Kingdom, France, rest of Europe)
  • Asia Pacific (China, Japan, India, rest of Asia-Pacific)
  • Latin America (Brazil, Mexico)
  • Middle East and Africa

Get up to 50% off this report at: https://reportsglobe.com/ask-for-discount/?rid=347884

The objectives of the study are:

  1. To analyze the global Herbal Weight Loss Products status, future forecast, growth opportunities, key market and major players.
  2. To present the development of Herbal Weight Loss Products in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
  3. Draw up a strategic profile of the main players and analyze in depth their development plan and strategies.
  4. To define, describe, and forecast the market by product type, market applications, and key regions.

This report includes the market size estimate for Value (USD Million) and Volume (K units). Top-down and bottom-up approaches have been used to estimate and validate the market size of the Herbal Weight Loss Products market, to estimate the size of various other dependent submarkets in the overall market. Major market players have been identified by secondary research, and their market shares have been determined by primary and secondary research. All percentages, divisions and distributions were determined using secondary sources and verified primary sources.

Some important points from the table of contents:

Chapter 1. Research methodology and data sources

Chapter 2. Executive summary

Chapter 3. Herbal Weight Loss Products Market: Industry Analysis

Chapter 4. Herbal Weight Loss Products Market: Product Overview

Chapter 5. Herbal Weight Loss Products Market: Application Overview

Chapter 6. Herbal Weight Loss Products Market: Regional Insights

Chapter 7. Herbal Weight Loss Products Market: Competitive Landscape

Ask your questions about personalization to: https://reportsglobe.com/need-customization/?rid=347884

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The creation of Reports Globe was supported by providing clients with a holistic view of market conditions and future possibilities / opportunities to derive maximum profit from their businesses and assist in decision making. Our team of in-house analysts and consultants work tirelessly to understand your needs and come up with the best possible solutions to meet your research needs.

Our Reports Globe team follows a rigorous data validation process, which allows us to publish editor reports with minimal or no deviation. Reports Globe collects, separates and publishes more than 500 reports per year covering products and services in many fields.

Contact us:

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Account Manager

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Colorado Springs mourns the loss of “Chip Monk” | New http://lorodinapoli.org/colorado-springs-mourns-the-loss-of-chip-monk-new/ http://lorodinapoli.org/colorado-springs-mourns-the-loss-of-chip-monk-new/#respond Sat, 23 Oct 2021 06:00:00 +0000 http://lorodinapoli.org/colorado-springs-mourns-the-loss-of-chip-monk-new/ For more than a dozen years, Martin Camarata, the “Chip Monk,” peddled the clarity of a beefy 1993 suburban blue parked at the edge of the Mason Jar lot on the west side of Colorado Springs. If they were up for a chat, customers who stopped by his mobile workshop for a windshield repair also […]]]>

For more than a dozen years, Martin Camarata, the “Chip Monk,” peddled the clarity of a beefy 1993 suburban blue parked at the edge of the Mason Jar lot on the west side of Colorado Springs.

If they were up for a chat, customers who stopped by his mobile workshop for a windshield repair also had a friendly chat and some hard-earned information – about dogs, fly fishing, hunting, hiking and the importance of a healthy lifestyle, a passion that seemed to underlie all of Camarata’s many others.

“Every day my dad would wake up in the morning, lift weights and walk at least five miles,” said Vastin, Camarata’s 22-year-old son. “I never saw him eat sweets and he was a vegetarian. He was just an absolute beacon of health when it comes to exercise and diet.”

Despite the attention he pays to his health, Camarata suffered a fatal heart attack on September 22, after hiking one of his favorite trails in Section 16 of Gold Camp Road in southwest Colorado Springs. . He was walking alone, slightly off track, when he collapsed. Vastin said it was a “miracle” the hikers found him and called the El Paso County Sheriff’s Office as soon as they did.

“You can basically see where he worked – and literally see where he died – from here,” said Vastin, sitting on the patio of the Starbucks at 31st and Colorado Avenue on a sunny afternoon earlier this month.

He pointed to the foothills of the Southern Front Range.

“Do you see the three layers of peaks?” The second peak is where he was and he died pretty much instantly… there at the top at sunset. I’m so glad he didn’t suffer. He had a great view of the top of the mountain, ”said Vastin. “That’s what my father would have wanted. … “

One day, however. Not at 56.

Too often, however, this is how heart disease kills.

“It can happen at any time. That’s what scares people about heart disease, ”said Dr Michael Kim, a doctor at Penrose-St. Francis Hospital specializing in cardiovascular disease.

And a healthy lifestyle, especially for people at genetic risk, is no guarantee.

Martin Camarata was born in Texas and studied corporate finance at Texas A&M University, then at the University of Houston before moving north to a state he fell in love with as a child.

“My grandfather took him and my grandmother here on a guided fly fishing trip when my father was around 10 years old,” Vastin said. “My father said he decided the first time he came here that he was going to live here when he was an adult.”

As soon as he moved to the Centennial State, Camarata gave in to his love for the outdoors, working as a fly fishing guide for Angler’s Covey for about a decade from the 1990s and spending so much of his time free in nature. as he could.

“He’s been traveling everywhere, rock climbing statewide, hiking statewide, fly-fishing every body of water he can. Any body of water in general in Colorado that has trout, it’s fly-fished, ”Vastin said. “He was a dry fly purist and he really taught me to respect not only wildlife in general, but fish as well. He taught me how to save our German brown trout and let go of any trophy-sized fish, pack what I pack. He taught me how to leave the environment as we came.

Camarata ran his own real estate agency for some time around the turn of the millennium before turning to a career in construction. When he was laid off following the financial collapse of 2008, he decided it was time to “be his own boss,” Vastin said.

Camarata traveled to Seattle for a crash course in rock chip repair, then returned to Springs to practice what he had learned.

The new business was a perfect fit for more than one reason.

“He’s an environmentalist. He always said that every chip he fixed would be a windshield that wasn’t in a landfill, ”Vastin said. “My father was a very free spirit. He loved to talk with people, share stories and listen to people’s experiences. He loved his job, he loved his clients and he loved people. In a way, he treated everyone like it was his last day, every day.

That last day came before anyone expected, at a place Camarata loved to recommend to those who shared his love of hiking the Southern Front Range.

“It’s also such a miracle that he didn’t take the dogs out,” said Vastin, whose father often took his two beloved German Shepherds, Blaze and Engle, to work and on his many adventures. “His death was very unexpected. There was a family history of heart disease … but my dad had no symptoms.

Vastin believes his father’s healthy lifestyle was, in part, an attempt to ward off family illness. He also believes his life could have been saved by a simple checkup that doctors recommend, especially for people his age who have a family history of coronary heart disease.

Dr Michael Kim said risk assessment is complicated, but awareness – and online assessment tools that consider lifestyle, age, gender and other health factors existing – can help physicians and patients decide on preventive and potentially life-saving next steps.

“Once you get past the age of 40, up to the age of 50, that’s when this tool becomes incredibly important, especially for those who don’t have a significant medical history, who are otherwise healthy but may have a family history of coronary artery disease, ”Kim said.“ Most people over 40, even if they take good care of them. ‘themselves, slip into borderline low risk. “

Vastin cannot know what could have happened if his father had known his risks.

He believes he would have embraced a legacy that includes a message that could help others. Help them appreciate the amazing place they live. And, perhaps, live to appreciate it.

“He was such a nice and talkative man. He gave everything so that I could be happy and prosper, ”said Vastin, who now works in retail at Angler’s Covey and hopes eventually to follow his father’s path – as a fly fishing guide and in as Chip Monk.

His father had always told him that this would be the perfect job to do while he was finishing his studies. He could earn money, have the time to study while maintaining those connections that not only kept a person in business, but also kept them grounded and connected to what matters.

“He was just such a good role model. I won’t let him down, ”Vastin said.

His post about his father’s death on social media site NextDoor drew more than 200 comments.

Vastin personally responded to almost everyone.

A Service of Life celebration is at 2 p.m. Sunday at the Space Foundation, 4425 Arrowswest Drive in Colorado Springs.


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Intel’s PC revenue plummets due to component shortages and loss of Apple Mac http://lorodinapoli.org/intels-pc-revenue-plummets-due-to-component-shortages-and-loss-of-apple-mac/ http://lorodinapoli.org/intels-pc-revenue-plummets-due-to-component-shortages-and-loss-of-apple-mac/#respond Fri, 22 Oct 2021 00:55:00 +0000 http://lorodinapoli.org/intels-pc-revenue-plummets-due-to-component-shortages-and-loss-of-apple-mac/ PALO ALTO, US – Chipmaker Intel has disappointed Wall Street with its latest earnings outlook, saying its customers are struggling to assemble laptops amid a global component shortage and a Chinese crackdown video games hurt data center sales. For the three months ended September, Intel reported revenue of $ 19.2 billion, up 5% year-on-year, and […]]]>

PALO ALTO, US – Chipmaker Intel has disappointed Wall Street with its latest earnings outlook, saying its customers are struggling to assemble laptops amid a global component shortage and a Chinese crackdown video games hurt data center sales.

For the three months ended September, Intel reported revenue of $ 19.2 billion, up 5% year-on-year, and net profit of $ 6.8 billion. dollars, up 60%.

However, its main revenue generator, Customer Computing Group (CCG) business, which includes sales of personal computer chips, was down 2% year-on-year. Intel said revenue was lower mainly due to lower notebook computer volumes.

The results come against a backdrop of struggles for market share. Earlier this week, Apple announced a new Mac laptop powered by its latest-generation internal chips as it continues its two-year transition from Intel processors for its line of computers.

“Note that excluding the impact of the shutdown on Apple’s processor and modem businesses, CCG’s revenue is up about 10% year-over-year,” said CFO of ‘Intel George Davis during the results call Thursday.

Intel’s data center business reported $ 6.5 billion in revenue in the September quarter, up 10% year-on-year but below analyst estimates.

The US chipmaker attributes Beijing’s crackdown on the gaming industry, which is a key customer for the company’s data center activities.

“As you may have seen, there have been regulatory issues regarding games in China, and all cloud providers are adjusting their offerings to meet this new regulatory environment,” said the CEO of Intel, Pat Gelsinger, adding that the company expects the China problem will continue to weigh on its data center business in the fourth quarter.

“We have a particularly high market share in the Chinese cloud market, so as it recovers, we expect a nice recovery in this business area for us, and we expect a return to normal. ‘next year,’ Gelsinger said.

For the full year 2021, Intel is forecasting revenue of $ 77.7 billion, lower than the record revenue of $ 77.9 billion recorded last year, in part due to China’s underperformance.

“For the DCG [data center group], we expect a decrease in annual turnover [to the] low to average year-over-year numbers, due to a more competitive environment in line with our expectations, weaker demand from China and industry-wide supply constraints Davis said.

Davis has announced his intention to retire in May 2022. Intel has yet to name his successor.

Intel shares fell more than 8% on Thursday after trading hours.

Amid the challenges, Intel is betting on its foundry business for long-term growth.

In September, the company opened two chip factories in Arizona as it ramps up competition with Taiwan Semiconductor Manufacturing Co., the world’s largest contract chip maker.

“Intel remains the only global company committed to building a state-of-the-art foundry in the United States and Europe, for customers around the world,” Gelsinger said Thursday.

In an interview with CNBC, Gelsinger said he expects the semiconductor shortage to continue until 2023.

“We’re in the worst now. Every quarter of next year we will gradually improve, but they won’t have a supply-demand balance until 2023,” he said.


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Market sentiment around losses MiMedx Group, Inc. (NASDAQ: MDXG) http://lorodinapoli.org/market-sentiment-around-losses-mimedx-group-inc-nasdaq-mdxg/ http://lorodinapoli.org/market-sentiment-around-losses-mimedx-group-inc-nasdaq-mdxg/#respond Tue, 19 Oct 2021 14:38:03 +0000 http://lorodinapoli.org/market-sentiment-around-losses-mimedx-group-inc-nasdaq-mdxg/ We think now is the right time to analyze MiMedx Group, Inc. (NASDAQ: MDXG) because it looks like the company is on the cusp of a huge accomplishment. MiMedx Group, Inc. develops and distributes placental tissue allografts for various health sectors. The US $ 777 million market-capitalization company recorded a loss in its last year […]]]>

We think now is the right time to analyze MiMedx Group, Inc. (NASDAQ: MDXG) because it looks like the company is on the cusp of a huge accomplishment. MiMedx Group, Inc. develops and distributes placental tissue allografts for various health sectors. The US $ 777 million market-capitalization company recorded a loss in its last year of US $ 83 million and a last year-over-year loss of US $ 83 million, narrowing the gap between the loss and the break even. The most pressing concern for investors is the MiMedx Group’s path to profitability – when will it break even? In this article, we’ll discuss the company’s growth expectations and when analysts expect it to become profitable.

According to the 3 industry analysts covering MiMedx Group, the consensus is that the breakeven point is near. They predict that the company will experience a terminal loss in 2022, before generating positive profits of US $ 21 million in 2023. The company is therefore expected to break even in about 2 years. In order to meet this balance date, we have calculated the rate at which the company must grow from one year to the next. It turns out that an average annual growth rate of 69% is expected, which is pretty optimistic! If this rate turns out to be too aggressive, the company could become profitable much later than analysts predict.

NasdaqCM: MDXG Growth in earnings per share October 19, 2021

The developments underlying the growth of the MiMedx group are not the focus of this general overview, however, keep in mind that generally biotechnologies, depending on the stage of product development, have periods of irregular cash flow. . Thus, a high growth rate is not unusual, especially when a company is in the period of investment.

One thing we would like to highlight with MiMedx Group is its relatively high level of debt. As a general rule, debt should not exceed 40% of your equity, which in the case of MiMedx Group is 56%. A higher level of debt requires tighter capital management, which increases the risk of investing in the loss-making company.

Next steps:

There are key fundamentals of the MiMedx Group that are not covered in this article, but we have to stress again that this is just a basic overview. For a more complete overview of the MiMedx Group, check out the MiMedx Group Company page on Simply Wall St. We have also compiled a list of key aspects that you should take a closer look at:

  1. Historical review: How has the MiMedx group performed in the past? Go deeper into the background analysis and take a look at the free visual representations of our analysis for clarity.
  2. Management team: An experienced management team at the helm increases our confidence in the company – take a look at the MiMedx Group board members and the CEO’s background.
  3. Other high performing stocks: Are there other stocks that offer better prospects with a proven track record? Explore our free list of these great stocks here.

This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts using only unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell shares and does not take into account your goals or your financial situation. Our aim is to bring you long-term, targeted analysis based on fundamental data. Note that our analysis may not take into account the latest announcements from price sensitive companies or qualitative material. Simply Wall St has no position in any of the stocks mentioned.

Do you have any feedback on this item? Are you worried about the content? Get in touch with us directly. You can also send an email to the editorial team (at) simplywallst.com.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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South Bay demolition fire leaves businesses in shambles, customers respond http://lorodinapoli.org/south-bay-demolition-fire-leaves-businesses-in-shambles-customers-respond/ http://lorodinapoli.org/south-bay-demolition-fire-leaves-businesses-in-shambles-customers-respond/#respond Sun, 17 Oct 2021 03:46:25 +0000 http://lorodinapoli.org/south-bay-demolition-fire-leaves-businesses-in-shambles-customers-respond/ A wreckage yard sustained extensive damage on Saturday after a third alarm fire at Otay Mesa. (To file) SAN DIEGO – Firefighters described Saturday’s massive fire at a car demolition site in Otay Mesa as a “significant loss” for the company after more than 200 cars were set on fire in the blaze which also […]]]>

A wreckage yard sustained extensive damage on Saturday after a third alarm fire at Otay Mesa. (To file)

SAN DIEGO – Firefighters described Saturday’s massive fire at a car demolition site in Otay Mesa as a “significant loss” for the company after more than 200 cars were set on fire in the blaze which also damaged a house.

Intense flames and thick black smoke, which could be seen billowing across South Bay and as far north as Clairemont Mesa, consumed an auto demolition yard and machine shop at 1950 Cactus Road after the outbreak of the third fire around noon.

“I knew something bad was burning, but I didn’t know it was that big,” said Abraheem Fadel, whose car was damaged in the blaze. “There are a lot of cars burning here. “

More than 200 cars were destroyed as flames rose against several houses, damaging the exterior of one.

“There was a very intense fire fight to defend these homes for over an hour,” said David Gerboth, assistant fire chief with the San Diego Fire Department.

At the height of the blaze, more than 150 firefighters attacked the blaze, both from the air and from the ground. The strong winds and the lack of water supply made it difficult for the firefighters.

“The embers that came out of the fire landed in the large adjacent field,” said Gerboth. “It started several wildfires, so we used specialized equipment to mitigate that. “

Although 20 people were evacuated, no injuries were reported, but the evacuees watched the crews defend people’s property. A man’s truck was spared.

“When I walked up and saw it all and my first thought was, my truck was in there, so I parked and walked in that direction and saw my truck, I was like ‘Oh my god he’s here’ so I was really happy, ”said Juan Carlos Guzman.

However, other customers weren’t so lucky. Fadel dropped off his car for repair earlier, but now takes more damage.

“There’s a bit of it at the back, but as long as it’s drivable,” said Fadel. “I don’t know about the condition because it has yet to be popped.”

Items like car tires, bumpers and propane tanks fueled the blaze, causing explosions and massive destruction in the fleet.

“I’m sad for the mechanic,” Guzman said. “He’s lost all the tools and everything, so I feel bad for him and all the people out there.”

There have been several fires in the area over the past few days and investigators are taking a fresh look at what exactly started the blaze.


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Norwegian town absorbs horror of local bow and arrow attack http://lorodinapoli.org/norwegian-town-absorbs-horror-of-local-bow-and-arrow-attack/ http://lorodinapoli.org/norwegian-town-absorbs-horror-of-local-bow-and-arrow-attack/#respond Fri, 15 Oct 2021 22:14:46 +0000 http://lorodinapoli.org/norwegian-town-absorbs-horror-of-local-bow-and-arrow-attack/ Screenshot taken on Thursday, October 14, 2021 from a video posted online by and showing Espen Andersen Braathen, a 37-year-old Danish citizen, who was arrested Wednesday evening for killing 5 people in the Norwegian town of Kongsberg . Norwegian authorities say Brathen’s unleashing of bows and arrows appeared to be an act of terrorism. (Espen […]]]>

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Screenshot taken on Thursday, October 14, 2021 from a video posted online by and showing Espen Andersen Braathen, a 37-year-old Danish citizen, who was arrested Wednesday evening for killing 5 people in the Norwegian town of Kongsberg . Norwegian authorities say Brathen’s unleashing of bows and arrows appeared to be an act of terrorism. (Espen Andersen Braathen via AP)

PA

Residents of a Norwegian town with a proud heritage of producing coins, weapons and silver struggled on Friday with the gruesome knowledge that a resident of their community had used a bow and arrow to attack people shopping or other evening activities – and had managed to kill five people. of them.

In a central square in Kongsberg, a former mining town of 26,000 people surrounded by mountains and located southwest of the Norwegian capital, people laid flowers and lit candles in honor of the four women and a man died in Wednesday’s attack. The victims were between 50 and 70 years old, police said.

“It’s a small community, so almost everyone knows each other, so it’s a very strange and very sad experience for us,” said Ingeborg Spangelo, a teacher who took her students to the impromptu memorial. “It’s almost surreal or unreal.”

Officers arrested a Kongsberg resident identified as Espen Andersen Braathen, a 37-year-old Danish citizen. He was detained about half an hour after he allegedly started shooting arrows at a supermarket where police tried to confront him but lost sight of him when he shot them and they had to seek shelter, law enforcement authorities said.

Andersen Braathen moved from the supermarket to a quiet downtown area of ​​wooden houses and birch trees, where he shot people on the street and inside some apartments, police said. In addition to the five people killed, three were injured.

Senior Police Officer Per Thomas Omholt said on Friday a total of three weapons were used in the attack, but declined to identify the types or reveal how the five victims were killed, saying investigators should question no more cookies and don’t want their accounts tainted. by what they read in the news.

The agents who responded to the first alert at 6:13 a.m. pm, met the author in the supermarket. It was there that a policeman who was not on duty and who was shopping was injured, who was reportedly hit by an arrow in the shoulder. Police were twice hit by arrows, and as they sought shelter and called for reinforcements, the suspect managed to escape. Investigators believe the five victims were subsequently killed.

“The murders were committed both outside and inside. Among other things, (the suspect) visited private addresses. In addition, arrows have been shot at people in public space, ”Omholt said at a press conference.

The regional investigating prosecutor said Andersen Braathen confessed to the murders after his arrest, and police said they believed he acted alone. Norway’s domestic intelligence agency said on Thursday the case appeared to be “an act of terrorism,” but warned the investigation was ongoing.

Norwegian TV station NRK said on Friday that in 2015 the agency, known by its acronym PST, obtained information about Andersen Braathen and that in 2017 it met the suspect. The following year, PST contacted Norwegian health authorities about the man and concluded that he was not motivated by religion or ideology, but was gravely mentally ill. VG newspaper said the PST then believed it could carry out a “small-scale attack with simple means in Norway”.

PST did not immediately comment.

Omholt said on Friday, investigators continued to explore possible motives or reasons for the attack, but their “strongest hypothesis for the motive is illness.”

“We are working with several hypotheses. They are weakened and strengthened during the investigation, ”said Omholt. “We will find out what happened and why.

Andersen Braathen has been transferred to a mental institution. Omholt added that “at least” two experts will observe and assess Andersen Braathen to determine if he was legally sane at the time of the attack.

The suspect’s sanity meant “it’s important to get information about the defendant’s past,” Omholt said and called on witnesses to map his activities in recent years, including on social media.

Massacres are rare in low-crime Norway, and the attack immediately recalled the country’s worst peacetime massacre a decade ago, when a right-wing national extremist killed 77 people with a bomb, gun and a gun.

“The screams were so intense and horrible that there was no doubt that something very serious was going on,” said Kurt Einar Voldseth, a Kongsberg resident, who had returned home from a run when he heard the commotion on Wednesday. “I can only describe it as a ‘cry of death’, and it stuck on my mind.”

Voldseth said he recognized the assailant, saying he lived nearby and “usually marked with his head down and headphones on”.

“I only spoke to him a few times, but I felt like he might be a problem person,” he said.

In a first hearing on Friday, a Kongsberg court ordered Andersen Braathen’s detention for four weeks, including two weeks in solitary confinement, and banned him from communicating with others.

“Reference is made to the extremely serious nature of the case, which has also aroused great media interest both nationally and internationally. If the accused is not immune from this and the other prisoners, important evidence could be lost, ”said the judgment.

He was being held on five counts of preliminary murder and at least three counts of attempted preliminary murder. The preliminary charges are a step short of formal charges, and a terrorism-related charge could be laid later if the evidence confirms it, Omholt said.

Andersen Braathen did not appear in court. His defense attorney, Fredrik Neumann, told Norwegian news agency NTB he made no comment, saying of his client: “He agreed to jail, so it really speaks to him. -same.”

Police described him on Thursday as a Muslim convert and said “there had previously been concerns about the man’s radicalization”. But neither the police nor the national intelligence services explained or explained why they had reported Andersen Braathen or what they had done with the information.

According to Norwegian media, Andersen Braathen was convicted of burglary and drug possession, and a court granted him an order not to approach his parents for six months after he allegedly threatened to kill one of them. .

Later on Friday, Jonas Gahr Stoere, the new Norwegian prime minister who took office on Thursday, laid a bouquet in the sea of ​​flowers, candles and cards left in a central Kongsberg square.

“We know Kongsberg as a safe city. But the incredible can also happen, ”Gahr Stoere told the crowd. “We stand together when the crisis hits us. He called the attack “brutal and meaningless.”

Gahr Stoere traveled to the picturesque town about 66 kilometers (41 miles) southwest of Oslo, along with Justice Minister Emilie Enger Mehl.

Founded in 1624 as a mining community after silver was discovered in the area, this is where the Royal Norwegian Mint is based. For decades, the community owned a weapons factory that initially produced firearms and is now home to defense, aerospace, and tech companies.


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