Kaoshi | Disrupt 2020
Kaoshi is a Venmo competitor that financially connects immigrants to their loved ones back in their home countries.
Turner Scientific has chosen Craig A. Hodges, Ph.D., as the winner of its 2020 Sensory Sentinel grant to promote animal welfare and improved research.
Caris LeVert will be out indefinitely as he recovers from surgery to treat renal cell carcinoma.
Follow all the action live from St James’ Park
The latest round of Premier League fixtures kick off at Selhurst Park with a London derby where the Eagles face a stern test to stop the Hammers recording a sixth win in a row. Roy Hodgson is facing questions over his future in the role, having overseen just one win in the last nine games, while West Ham are boasting a record Premier League points haul at the season halfway mark. Palace fans will have to wait a little longer to see new signing Jean-Philippe Mateta, while West Ham will welcome back Michail Antonio.
Chicago, Jan. 26, 2021 (GLOBE NEWSWIRE) -- NCSBN has joined the COVID-19 Vaccine Education and Equity Project in working to provide information about the clinical trials process, regulatory review, and distribution of and access to potential COVID-19 vaccines in a way that promotes equity and trust. This partnership is one component in NCSBN’s ongoing effort to provide recommendations about vaccine administration, offer free COVID-19 continuing education courses for health care providers and lead in advocating for a practice/academic partnerships that enable nursing students to gain access to vital clinical experiences. As NCSBN pursues these endeavors, it maintains its paramount goal of ensuring that its NCLEX examinations remain operational and available to candidates in order to funnel new nurses into the workforce. “The COVID-19 pandemic is one of the greatest challenges that the global health care community has ever faced. NCSBN recognizes that the equitable distribution and administration of vaccines is the only way to end this crisis,” notes NCSBN CEO David C. Benton, RGN, PhD, FFNF, FRCN, FAAN. “NCSBN is proud to serve as a leader in educating the public about vaccine safety and building confidence in the process.” NCSBN joins more than 75 other organizations in supporting the overall mission of the COVID-19 Vaccine Education and Equity Project, and participating in and amplifying activities and project-approved materials that promote open dialogue, engagement and effective communication around approved COVID-19 vaccines in the U.S. About NCSBN Founded March 15, 1978, as an independent not-for-profit organization, NCSBN was initially created to lessen the burdens of state governments and bring together nursing regulatory bodies (NRBs) to act and counsel together on matters of common interest. It has evolved into one of the leading voices of regulation across the world. NCSBN’s membership is comprised of the NRBs in the 50 states, the District of Columbia, and four U.S. territories — American Samoa, Guam, Northern Mariana Islands and the Virgin Islands. There are three exam user members. There are also 27 associate members that are either NRBs or empowered regulatory authorities from other countries or territories. Mission: NCSBN empowers and supports nursing regulators in their mandate to protect the public. The statements and opinions expressed are those of NCSBN and not individual members. ###### CONTACT: Dawn M. Kappel NCSBN 3122182418 dkappel@ncsbn.org
* U.S. yield curve steepens modestly * Near term, 10-year yield likely between 1.75%-2%-BofA * U.S. 5-year note auction shows mixed results (Adds new comment, auction results, updates prices) By Gertrude Chavez-Dreyfuss NEW YORK, Jan 26 (Reuters) - U.S. Treasury yields were narrowly mixed in choppy trading on Tuesday, after hitting three-week lows on the long end of the curve, as investors remained cautious about the size of a proposed U.S. stimulus package and the slow global roll-out of coronavirus vaccines. The U.S yield curve steepened modestly after flattening on Monday. The spread between U.S. two-year and 10-year yields widened slightly to 91.30 basis points.
NEW YORK, Jan. 26, 2021 (GLOBE NEWSWIRE) -- Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of Splunk Inc. (NASDAQ: SPLK) between October 21, 2020 and December 2, 2020, inclusive (the “Class Period”). To join the class action, go to http://zhanginvestorlaw.com/join-action-form/?slug=splunk-inc&id=2509 or call Sophie Zhang, Esq. toll-free at 800-991-3756 or email info@zhanginvestorlaw.com for information on the class action. 如果您想加入这个集体诉讼案,请在这里提交您的信息。http://zhanginvestorlaw.com/join-action-form/?slug=splunk-inc&id=2509 According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: Splunk was not closing deals with its largest customers in the third fiscal quarter of 2021; Splunk was not hitting the financial targets it had previously announced; and as a result of the foregoing, defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. If you wish to serve as lead plaintiff, you must move the Court no later than February 2, 2021. Lead plaintiff status is not required to seek compensation. You may retain counsel of your choice. You may remain an absent class member and take no action at this time. Zhang Investor Law represents investors worldwide. Attorney Advertising. Prior results do not guarantee similar outcomes. Zhang Investor Law P.C.99 Wall Street, Suite 232New York, New York 10005info@zhanginvestorlaw.comtel: (800) 991-3756
Christian Dior showed good resilience against the pandemic crisis in 2020 Paris, January 26th, 2021 The Christian Dior group recorded revenue of 44.7 billion euros in 2020, down 17%. Organic revenue declined 16% compared to 2019. The Group showed good resilience in 2020 in an economic environment severely disrupted by the serious health crisis that led to the suspension of international travel and the closure of its stores and manufacturing sites in most countries over a period of several months. With an organic revenue decline of only 3% in the fourth quarter, the Group saw a significant improvement in trends in all its activities compared to the first nine months of 2020. Fashion & Leather Goods in particular, enjoyed a remarkable performance, with double-digit growth in both the third and fourth quarters. While Europe is still affected by the crisis, the United States saw a good recovery and Asia grew strongly. Profit from recurring operations, which amounted to 8.3 billion euros in 2020, declined only 28% over the year due to a return to growth in the second half, which was up 7%. Operating margin reached 18.6% in 2020. Group share of net profit amounted to 1.9 billion euros, down 34%. Key highlights from 2020 include: Highest priority given to the health and safety of our employees and our customers,Direct support in the fight against the pandemic,Good resilience, notably from the major brands, in an economic environment disrupted by the health crisis,Impact of the crisis on revenue trends around the world, with however, a second half marked by a strong recovery in Asia, which saw double-digit growth, and a significant improvement in trends in the United States and Japan,Double-digit organic revenue growth at Louis Vuitton and Christian Dior Maisons over the last two quarters of 2020,Success of both iconic and new products at Louis Vuitton, whose profitability remains at an exceptional level, Remarkable resilience of Cognac,Sharp acceleration in online sales, partially offsetting the effect on revenue caused by the closure of the Group's stores for several months,Suspension of international travel, severely penalizing hotel and travel retail activities,Operating free cash flow very close to that of 2019,The completion of the agreement with the iconic American jewelry Maison Tiffany. Key figures Euro millions2019 2020% changeRevenue53 67044 651- 17 %Profit from recurring operations11 4928 300- 28 %Group share of net profit2 9381 933- 34 %Operating free cash flow6 2376 093- 2 %Net Financial debt6 1844 213- 32 %Total equity35 71736 244+ 1 % Revenue by business group: Euro millions20192020 Change 2020 / 2019 Reported Organic*Change Q4 2020 / Q4 2019 Organic*Wines & Spirits5 5764 755- 15 %- 14 %- 11%Fashion & Leather Goods22 23721 207- 5 %- 3 %+ 18%Perfumes & Cosmetics6 8355 248- 23 %- 22 %- 15%Watches & Jewelry4 4053 356- 24 %- 23 %- 2%Selective Retailing14 79110 155- 31 %- 30 %- 26%Other activities and eliminations(174)(70)---Total53 67044 651- 17 % - 16 %- 3% * With comparable structure and constant exchange rates. For 2020, the currency effect was -1% and the structural impact was almost zeroFor the fourth quarter of 2020, the currency effect was -4% and the structural impact was almost zero Profit from recurring operations by business group: Euro millions20192020% changeWines & Spirits1 7291 388- 20 %Fashion & Leather Goods7 3447 188- 2 %Perfumes & Cosmetics68380- 88 %Watches & Jewelry736302- 59 %Selective Retailing1 395(203)-Other activities and eliminations(395)(455)-Total11 4928 300- 28 % Wines & Spirits: strong recovery in the United States in the second half of the year and improvement in trends in China The Wines & Spirits business group saw its organic revenue decline by 14% in 2020. Profit from recurring operations was down 20%. All Maisons showed great resilience and gained market share. After a significant drop in volumes in the second quarter, the Champagne business experienced improved trends in the second half, particularly in the United States. Beginning in June, Hennessy cognac recorded a strong recovery, driven notably by demand in the United States. 2020 saw the integration of the 2019 acquisitions Château d'Esclans and Château du Galoupet for the first time over a full year, establishing a strong position for Moët Hennessy in the growing market for high-end rosé wines. A new high-end rum, Eminente launched in the third quarter. Fashion & Leather Goods: remarkable resilience In 2020, the Fashion & Leather Goods, business group recorded a decrease in organic revenue of only 3% in an environment marked by the closure of stores over a period of several months. The second half saw a noteworthy rebound in activity, with double-digit organic revenue growth in both quarters. China recorded a strong recovery in revenue beginning in April and the United States in July. The brands’ strict cost management made it possible to limit the decline in profit from recurring operations to 2%. Louis Vuitton, always driven by exceptional dynamism and creativity, was able very quickly to transform and revitalize its customer relations with a high quality and efficient digital service. Many innovations were unveiled throughout the year, such as the Pont 9 range and the 1854 canvas. The Maison's commitment to high quality craftsmanship and sustainability continues in the form of responsible creativity. A new workshop opened at Vendôme in France. Christian Dior Maison demonstrated remarkable momentum and gained market share in all regions thanks to its exceptional creativity. The Lady Dior bag has become a global icon, the women’s collections of Maria Grazia Chiuri and the men’s runway shows of Kim Jones were a huge success. The other fashion brands showed solid resilience during the year, notably Loewe with the creations of J. W. Anderson, Celine with the creations of Hedi Slimane, Fendi and Marc Jacobs. Perfumes & Cosmetics: continuous innovation and rapid growth in online sales The Perfumes & Cosmetics business group recorded a 22% decline in organic revenue in 2020. Profit from recurring operations was down 88%. In a sector suffering from the decline in international traveller spend and makeup, Group’s major brands chose to be selective in their distribution and, unlike certain competitors, limited promotions and refused to sell indirectly to the Chinese parallel market, which presents major risks to the medium term desirability for brands that follow that route. The Perfumes and Cosmetics brands are showing good resilience resulting from the growth of skincare and online sales, particularly in Asia. Parfums Christian Dior saw a gradual improvement in the second half of the year, underpinned by the success of its new products Miss Dior Roses N’Roses and J’adore Infinissime in perfume, and Rouge Dior in makeup. Guerlain benefited from the remarkably dynamic skincare market, with the continued success of Abeille Royale and Orchidée Impériale. The new skincare brand Fenty Skin, developed by Rihanna, is off to a very promising start. Watches & Jewelry: strong rebound in China in the second half of the year The Watches & Jewelry business group saw its organic revenue decline by 23% in 2020, with a strong improvement in trends in the fourth quarter, which fell only 2%. Profit from recurring operations was down 59%. Bvlgari was very responsive and quickly capitalized on the strong recovery in China. The Maison maintained a high pace of jewelry innovation with the successful launches of its Serpenti Viper, B.Zero1 Rock and Barocko collections. Chaumet inaugurated its new store at its historic address on Place Vendôme in Paris at the start of 2020 and strengthened its presence in China. In the watch sector, TAG Heuer celebrated its 160th anniversary with several limited editions in the Carrera collection and launched the third generation of its smartwatch in New York. The year 2021 marks the welcome to the Group of the prestigious American jeweler Tiffany. Selective retailing: good resilience at Sephora and strong impact of the suspension of international travel on DFS The Selective Retailing business group saw organic revenue decline by 30% in 2020. Profit from recurring operations amounted to (203) million euros. Sephora demonstrated good resilience during the health crisis, which, nonetheless, lead to the closure of most of its stores for several months. The commitment and agility of its teams have enabled an acceleration of online sales, which reached historic levels in all markets, and the development of services such as Click & Collect and Live Shopping. Sephora has also strengthened its offering with new skincare and hair products. A new partnership has been signed with the American retailer Kohl's, whose stores are expected to accommodate 200 beauty spaces dedicated to Sephora in 2021. DFS saw a significant decline in its activity in most destinations due to the total suspension of international travel. While Hong Kong continues to feel the impact of the pandemic strongly, Macau saw improved trends in the latter part of the year. New services are being developed for its local customers and online sales have strengthened. Cautious confidence for 2021 In a very turbulent context, the Christian Dior group is well-equipped to build upon the hoped-for recovery in 2021 and regain growth momentum for all its businesses. The Group will continue to pursue its strategy focused on developing its brands by building on strong innovation and investments as well as a constant quest for quality in their products and their distribution. Driven by the agility of its teams, their entrepreneurial spirit and its well diversified presence across its activities and the geographic areas in which it operates, the Group enters 2021 with cautious confidence and once again, sets an objective of reinforcing its global leadership position in luxury goods. Dividend 2020 At the Annual General Meeting of April 15, 2021, Christian Dior will propose a dividend of 6 euros per share. An interim dividend of 2 euros per share was paid on December 3 of last year. The balance of 4 euros will be paid on April 22, 2021. The Board of Directors met on January 26th to approve the financial statements for 2020. Audit procedures have been carried out and the audit report is being issued.This financial release is available on our website www.dior-finance.com. “This document may contain certain forward looking statements which are based on estimations and forecasts. By their nature, these forward looking statements are subject to important risks and uncertainties and factors beyond our control or ability to predict, in particular those described in Christian Dior’s Annual Report which is available on the website (www.dior-finance.com). These forward looking statements should not be considered as a guarantee of future performance, the actual results could differ materially from those expressed or implied by them. The forward looking statements only reflect Christian Dior’s views as of the date of this document, and Christian Dior does not undertake to revise or update these forward looking statements. The forward looking statements should be used with caution and circumspection and in no event can Christian Dior and its Management be held responsible for any investment or other decision based upon such statements. The information in this document does not constitute an offer to sell or an invitation to buy shares in Christian Dior or an invitation or inducement to engage in any other investment activities.” APPENDIX Condensed consolidated accounts for 2020 are included in the PDF version of the press release. Revenue by business group and by quarter 2020 Revenue (Euro millions) 2020Wines &SpiritsFashion &Leather GoodsPerfumes &CosmeticsWatches &JewelrySelectiveretailingOther activities& eliminationsTotalFirst Quarter 1 1754 6431 382 7922 626(22)10 596Second Quarter8103 3469225272 218(26)7 797Total First Half1 9857 9892 3041 3194 844(48)18 393Third Quarter1 3645 9451 3709472 332(3)11 955Nine months3 34913 9343 6742 2667 176(51)30 348Fourth Quarter1 4067 2731 5741 0902 979(19)14 303Total 20204 75521 2075 2483 35610 155(70)44 651 2020 Revenue (Organic change versus same period of 2019) 2020Wines &SpiritsFashion &Leather GoodsPerfumes &CosmeticsWatches &JewelrySelectiveretailingOther activities& eliminationsTotalFirst Quarter -14%-10%-19%-26%-26%--17%Second Quarter-33%-37%-40%-52%-38%--38%Total First Half-23%-24%-29%-39%-33%--28%Third Quarter-3%+12%-16%-14%-29%--7%Nine months-15%-11%-25%-30%-31%--21%Fourth Quarter-11%+18%-15%-2%-26%--3%Total 2020-14%-3%-22%-23%-30%--16% 2019 Revenue (Euro millions) 2019Wines &SpiritsFashion &Leather GoodsPerfumes &CosmeticsWatches &JewelrySelectiveretailingOther activities& eliminationsTotalFirst Quarter 1 3495 1111 6871 0463 510(165)12 538Second Quarter1 1375 3141 5491 0893 588(133)12 544Total First Half2 48610 4253 2362 1357 098(298)25 082Third Quarter1 4335 4481 6761 1263 457176*13 316Nine months3 91915 8734 9123 26110 555(122)38 398Fourth Quarter1 6576 3641 9231 1444 236(52)15 272Total 20195 57622 2376 8354 40514 791(174)53 670 * Includes all Belmond revenue for the period April to September 2019. Alternative performance measures For the purposes of its financial communication, in addition to the accounting aggregates defined by IAS / IFRS, the Christian Dior group uses alternative performance measures established in accordance with the AMF’s position DOC-2015-12. The table below lists these measures and the reference to their definition and their reconciliation with the aggregates defined by IAS / IFRS in published documents. MeasuresReference to published documentsOperating free cash-flowAR (consolidated financial statements, consolidated cash-flow statement)Net financial debtAR (Notes 1.22 and 19 of the appendix to the consolidated financial statements)GearingAR (Part 7, Comments on Consolidated Balance Sheet)Organic growthAR (Part 1, Comments on the Consolidated Income Statement) AR : 2020 Annual Report Attachment Christian Dior - Résultats annuels 2020 VA
Humanitarian filmmaker and founder of ‘Walk A Mile,’ Mallory Brown is the featured guest on the Impact Podcast with John Shegerian
Independent U.N. sanctions monitors accused Yemen's government, in a report seen by Reuters on Tuesday, of money-laundering and corruption "that adversely affected access to adequate food supplies" and said the Houthi group collected at least $1.8 billion in state revenue in 2019 to help fund its war effort. The annual report to the U.N. Security Council on the implementation of international sanctions on Yemen coincides with U.N. officials saying that the country is on the verge of a large-scale famine with millions of civilians at risk. The monitors said Saudi Arabia deposited $2 billion with the Central Bank of Yemen in January 2018 under a development and reconstruction program.
The Gunners have a chance at redemptions after the Saints dumped them out of the FA Cup last weekend
The Gunners have a chance at redemptions after the Saints dumped them out of the FA Cup last weekend
Thomas Tuchel has gone straight to work at Chelsea, with the new manager oversseing training on Tuesday evening. The German manager has replaced Frank Lampard at the Blues' helm, and was immediately thrust into the fray after being confirmed as the west London club’s latest boss. Tuchel was dressed in a Chelsea tracksuit as he oversaw training at Cobham on Tuesday evening, and will be in the dugout for Wednesday’s Premier League clash against Wolves at Stamford Bridge on Wednesday night.
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The Gunners have a chance at redemptions after the Saints dumped them out of the FA Cup last weekend
The Gunners have a chance at redemptions after the Saints dumped them out of the FA Cup last weekend
NEW YORK, Jan. 26, 2021 (GLOBE NEWSWIRE) -- Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of Restaurant Brands International Inc. (NYSE: QSR) between April 29, 2019 and October 28, 2019, inclusive (the “Class Period”). To join the class action, go to http://zhanginvestorlaw.com/join-action-form/?slug=restaurant-brands-international-inc&id=2541 or call Sophie Zhang, Esq. toll-free at 800-991-3756 or email info@zhanginvestorlaw.com for information on the class action. 如果您想加入这个集体诉讼案,请在这里提交您的信息。http://zhanginvestorlaw.com/join-action-form/?slug=restaurant-brands-international-inc&id=2541 If you wish to serve as lead plaintiff, you must move the Court before the February 19, 2021 DEADLINE. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that- Restaurant Brands’ “Winning Together Plan” was failing to generate substantial, sustainable improvement within the Tim Hortons brand; the “Tims Rewards” loyalty program was not generating sustainable revenue growth as increased customer traffic was not offsetting promotional discounting; and as a result, defendants’ statements about Restaurant Brands’ business, operations, and prospects lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages. Lead plaintiff status is not required to seek compensation. You may retain counsel of your choice. You may remain an absent class member and take no action at this time. Zhang Investor Law represents investors worldwide. Attorney Advertising. Prior results do not guarantee similar outcomes. Zhang Investor Law P.C.99 Wall Street, Suite 232New York, New York 10005info@zhanginvestorlaw.comtel: (800) 991-3756
NEW YORK, Jan. 26, 2021 (GLOBE NEWSWIRE) -- Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of Northern Dynasty Minerals Ltd. (NYSE: NAK) between December 21, 2017 and November 25, 2020, inclusive (the “Class Period”). To join the class action, go to http://zhanginvestorlaw.com/join-action-form/?slug=northern-dynasty-minerals-ltd&id=2517 or call Sophie Zhang, Esq. toll-free at 800-991-3756 or email info@zhanginvestorlaw.com for information on the class action. 如果您想加入这个集体诉讼案,请在这里提交您的信息。http://zhanginvestorlaw.com/join-action-form/?slug=northern-dynasty-minerals-ltd&id=2517 According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: the Company’s Pebble Project was contrary to Clean Water Act guidelines and to the public interest; the Company planned that the Pebble Project would be larger in duration and scope than conveyed to the public; as a result, the Company’s permit applications for the Pebble Project would be denied by the U.S. Army Corps of Engineers; and as a result, Defendants’ public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. If you wish to serve as lead plaintiff, you must move the Court no later than February 2, 2021. Lead plaintiff status is not required to seek compensation. You may retain counsel of your choice. You may remain an absent class member and take no action at this time. Zhang Investor Law represents investors worldwide. Attorney Advertising. Prior results do not guarantee similar outcomes. Zhang Investor Law P.C.99 Wall Street, Suite 232New York, New York 10005info@zhanginvestorlaw.comtel: (800) 991-3756
* Real rises in catch-up trade * Mexico's peso recovers from 2-week low * Petrobras Distribuidora lifts Brazil's Bovespa * Best day in two months for Merval as YPF surges (Updates prices) By Ambar Warrick and Susan Mathew Jan 26 (Reuters) - Brazil's real rose 2.2% on Tuesday in catch-up trade after a long weekend, although sentiment in Latin America was dampened by increased COVID-19 infections and concerns over fiscal health in the region. With Brazil's Economy Minister Paulo Guedes saying he expects economic growth of 3.5% this year, the real recovered from steep losses last week sparked by renewed concerns over fiscal spending, as well as the central bank saying it would not hike interest rates any time soon.
Mealco, a startup promising to help chefs launch new restaurants designed around delivery, is announcing that it has raised $7 million in seed funding. It's probably not news to anyone reading this that opening a restaurant can be an expensive, risky proposition — and of course, many restaurants have gone out of business during the pandemic.