Kirk Herbstreit made waves with his comments on Michigan 'waving the white flag.' But the bigger point is this: With its roster in flux and performance likely to be diminished, Ohio State may not be able to keep its hold on the No. 4 spot in the CFP rankings.
The Government has announced a new plan to stop the rising volume of scam calls.
Mitt Romney (R-Utah) spoke on Tuesday as part of a bipartisan group ofsenators proposing a COVID-19 relief bill, arguing that even he, a self-described "deficit hawk," saw the need to assist Americans living through aglobal pandemic.
NEW YORK, Dec. 01, 2020 (GLOBE NEWSWIRE) -- Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of Raytheon Technologies Corporation ("Raytheon" or the "Company") (NYSE: RTX) from February 10, 2016 through October 27, 2020 (the "Class Period"). The lawsuit filed in the United States District Court for the District of Arizona alleges violations of the Securities Exchange Act of 1934. If you purchased Raytheon securities, and/or would like to discuss your legal rights and options please visit Raytheon Shareholder Lawsuit or contact Matthew E. Guarnero toll free at (877) 779-1414 or MGuarnero@bernlieb.com.The complaint alleges that throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Raytheon had inadequate disclosure controls and procedures and internal control over financial reporting; (2) Raytheon had faulty financial accounting; (3) as a result, Raytheon misreported its costs regarding Raytheon’s Missiles & Defense business since 2009; (4) as a result of the foregoing, Raytheon was at risk of increased scrutiny from the government; (5) as a result of the foregoing, Raytheon would face a criminal investigation by the U.S. Department of Justice (“DOJ”); and (6) as a result, Defendants’ public statements were materially false and/or misleading at all relevant times.On October 27, 2020, after market hours, Raytheon filed its quarterly report on Form 10-Q with the SEC for the quarter ended September 30, 2020, (the "3Q20 Report"). The 3Q Report announced the DOJ Investigation. On this news, the price of Raytheon shares fell $4.19 per share, or 7% to close at $52.34 per share on October 28, 2020, on unusually heavy trading volume. If you purchased Raytheon securities, and/or would like to discuss your legal rights and options please visit https://www.bernlieb.com/cases/raytheontechnologiescorporation-rtx-shareholder-class-action-lawsuit-stock-fraud-330/apply/ or contact Matthew E. Guarnero toll free at (877) 779-1414 or MGuarnero@bernlieb.com.If you wish to serve as lead plaintiff, you must move the Court no later than December 29, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for ten consecutive years.ATTORNEY ADVERTISING. © 2020 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin. Prior results do not guarantee or predict a similar outcome with respect to any future matter.Contact InformationMatthew E. Guarnero Bernstein Liebhard LLP https://www.bernlieb.com (877) 779-1414 MGuarnero@bernlieb.com
OAKDALE, Calif., Dec. 01, 2020 (GLOBE NEWSWIRE) -- Oak Valley Community Bank, a wholly-owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), announced that Kim Parco has joined the bank as Vice President, Commercial Loan Officer. She is based out of the Tracy Branch.Parco has over 30 years of commercial banking experience managing many complex relationships in the region. In her new role, she will be responsible for commercial lending, agricultural lending, SBA loans, and relationship management in the Tracy and surrounding markets.“I’ve had roots in the Tracy business community since 1995, so I am very excited to be working for a local community-based bank with a strong reputation that will allow me to provide my clients with best-in-class banking services,” Parco stated.“We are very pleased to welcome Kim to our commercial banking team,” stated Gary Stephens, EVP Commercial Banking Group. “Kim’s background as an experienced banker with a successful career in commercial lending, agribusiness lending, and portfolio management, coupled with her extensive knowledge of the local market make her a perfect fit.”Parco received a Degree in Business Administration from the University of Phoenix, and a certificate from the Agricultural Lending Institute at California State University - Fresno. She is a former board member of Tracy Hospital Foundation and the Tracy Chamber of Commerce. She is currently the treasurer of the Sugar Bowl Ski Team & Academy Parent Association. Parco resides in Tracy with her husband, Fernando, and their four children. She enjoys horseback riding, skiing, hiking, and spending time with her family.Oak Valley Bancorp operates Oak Valley Community Bank & their Eastern Sierra Community Bank division, through which it offers a variety of loan and deposit products to individuals and small businesses. They currently operate through 17 conveniently located branches: Oakdale, Turlock, Stockton, Patterson, Ripon, Escalon, Manteca, Tracy, Sacramento, two branches in Sonora, three branches in Modesto, and three branches in their Eastern Sierra division, which includes Bridgeport, Mammoth Lakes, and Bishop.For more information, call 1-866-844-7500 or visit www.ovcb.com.Contact:Chris Courtney/Rick McCarty Phone:(209) 848-BANK (2265) Toll Free (866) 844-7500 www.ovcb.com
Shares of the cosmetics company surged in November on a number of factors, including a surprise quarterly profit.
(Bloomberg) -- China’s No. 2 smartphone maker Xiaomi Corp. has raised $4 billion from a combined share placement and sale of convertible bonds, adding to a war chest aimed at expanding its market share from competitor Huawei Technologies Co.Xiaomi has sold 1 billion shares in a top-up placement at HK$23.70 each, the bottom of the range, to raise $3.1 billion, according to terms of the deal obtained by Bloomberg News. That represents a 9.4% discount to its closing price of HK$26.15 on Monday. It’s Hong Kong’s largest top-up placement on record, data compiled by Bloomberg show.Xiaomi has also fetched $900 million through a seven-year, zero-coupon convertible bond at a conversion premium of 55% above the reference share price, which is the offering price of the equity placement, the terms show.Xiaomi shares had been on a rally this year, rising 146% from a year ago. However its stock slipped after it disclosed that its internet services revenue had grown at its slowest pace in three years in the September quarter. It grabbed market share from Huawei when American sanctions deepened particularly in overseas markets from Europe to India.The proceeds from the equity placement will be used for business expansion, investments to increase market share and strategic ecosystem investments, the terms showed.Credit Suisse Group AG, Goldman Sachs Group Inc, JPMorgan Chase & Co. and Morgan Stanley are arranging Xiaomi’s offering.(Updates the amount raised via CB sale in fourth paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Before we begin, I would like to take a moment to remind our listeners that remarks made during this call may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts made during this call may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time-to-time in GBDC's filings with the SEC.
(Bloomberg) -- Australia ‘s economy bounced back to growth in the three months through September as households tapped some of their substantial savings to spend, underscoring the Reserve Bank’s view that the nation has turned the corner.Gross domestic product expanded 3.3% from the second quarter, when it tumbled by 7%, the Australian Bureau of Statistics said in Sydney Wednesday. Economists had forecast a 2.5% expansion. From a year earlier, the economy shrank 3.8% versus an estimated 4.4% contraction.“We have now turned the corner and a recovery is underway,” RBA Governor Philip Lowe told a parliamentary panel in Canberra earlier today. “We are now expecting GDP growth to be solidly positive in both the September and December quarters.”The Australian dollar edged up after the report, trading at 73.86 U.S. cents at 11:59 a.m. in Sydney from 73.78 cents before the data.The renewed expansion shows how resilient the economy was outside the southeastern state of Victoria, which was under one of the world’s toughest lockdowns for much of the period. The Reserve Bank of Australia and the government delivered significant stimulus early in the pandemic to help households and firms manage.Victoria, which accounts for about 25% of national GDP, was hit hard by efforts to contain a renewed outbreak of the virus. Its lockdown slashed A$100 million ($73.8 million) a day from economic activity and resulted in an average of 1,200 daily job losses across the state during August and September, Treasury estimated.“Victoria’s final demand fell 1%, the only state to record a decline, driven by decreases in household spending and investment,” the ABS said. “More stringent restrictions associated with the second lockdown resulted in a 9.8% fall through the year. Household spending declined 1.2% in September quarter.”Australia’s unemployment rate currently stands at 7% and the central bank expects it to climb closer to 8% as more Victorians return to the labor market hunting for jobs. At the same time, the return to growth brings an end to Australia’s first technical recession -- defined as two consecutive quarters of contraction -- in nearly 29 years.Today’s report showed:Household spending surged 7.9%, adding 4 percentage points to GDP; government spending increased 1.4%, contributing 0.3 percentage pointNet exports subtracted 1.9 percentage points from GDP, the largest detraction since September quarter 1980The savings rate eased to 18.9.% from an upwardly revised 22.1% in the second quarter, as government cash handouts and a dearth of spending options prompted households to repair their balance sheetsAustralia’s record run of avoiding two consecutive quarters of negative GDP had included avoiding recessions during the 1997 Asian Financial Crisis, the Dot-Com Bubble and the 2008 global financial crisis. With rates now near zero and the central bank running a quantitative easing program, it has rejoined the rest of the developed world in its policy struggles.The RBA and government are working in tandem to try to support the economy, with the former last month enacting a second round of stimulus that included reducing interest rates to 0.10% and initiating a A$100 billion bond-buying program.That came after the government delivered a highly expansionary budget in October that offered income-tax cuts for households, incentives for firms to hire and invest and infrastructure spending.Australia has benefited from China’s stimulus to revive its economy this year, which has fueled commodity prices, helping the country to its sixth successive quarterly current-account surplus.Yet the bonanza with China, which takes about 35% of Australian exports, is under a cloud as relations between the two countries deteriorate. Beijing has slapped tariffs on goods from Down Under, is refusing to take calls from ministers in Canberra, while gloating over alleged Australian war crimes.On top of that, commodity strength and Australia’s better position relative to many developed-world counterparts has sent the currency soaring. It’s up about 30% from a nadir of around 55 U.S. cents in March. One of the motivations behind the RBA’s QE program is to try to cool the Aussie dollar.(Updates with further detail from seventh paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Renowned Australian rally co-driver Coral Taylor has been appointed to the board of Motorsport Australia.
NEW YORK, Dec. 01, 2020 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Northern Dynasty Minerals Ltd. (NYSE: NAK) on behalf of Northern Dynasty stockholders. Our investigation concerns whether Northern Dynasty has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action.On November 25, 2020, the U.S. Army Corps of Engineers issued a record of decision denying Northern Dynasty’s application for permits relating to the Pebble project, a proposed mine in southwestern Alaska. The regulator determined that the “compensatory mitigation plan” as submitted earlier this month was “non-compliant,” and that the project was “not in the public interest.”On this news, Northern Dynasty’s stock price fell $0.40 per share, or 50%, to close at $0.40 per share on November 25, 2020.If you purchased or otherwise acquired Northern Dynasty shares and suffered a loss, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker, Melissa Fortunato, or Marion Passmore by email at email@example.com, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.About Bragar Eagel & Squire, P.C.: Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.Contact Information: Bragar Eagel & Squire, P.C. Brandon Walker, Esq. Melissa Fortunato, Esq. Marion Passmore, Esq. (212) 355-4648 firstname.lastname@example.org www.bespc.com
Tennis legend Todd Woodbridge has shut down worrying reports about the Australian Open.
Seven Generations Energy Announces Partial Redemption of 6.875% Unsecured Notes Due 2023
Boeing Co said on Wednesday it had completed tests with five surrogate jets operating autonomously in a team in Australia, where it is developing an unmanned fighter-like jet designed to cooperate with manned aircraft. The 10 days of tests were part of the Boeing Airpower Teaming System programme, which has developed prototype "Loyal Wingman" aircraft with the Royal Australian Air Force that can carry weapons and shield manned fighter jets. "With the size, number and speed of aircraft used in the test, this is a very significant step for Boeing and industry in the progress of autonomous mission systems technology," said Emily Hughes, director of Boeing's Phantom Works International.
Back in October Apple announced the MagSafe Duo, a folding travel charger capable of charging both the iPhone and either an Apple Watch or AirPods simultaneously/wirelessly. The MagSafe Duo just appeared on Apple's own store and, with delivery estimates as soon as this week, it looks like they're shipping them immediately.
(Bloomberg) -- Nearly 1 million people in Southern California are facing blackouts as the state’s three biggest utilities weigh cutting power to prevent live wires from sparking fires during high winds.Edison International’s Southern California Edison warned it may need to shut off electricity to more than 230,000 homes and businesses in eight counties, the utility said on its website. That’s about 690,000 people based on the size of the average household, and would constitute the region’s largest public-safety blackout this year.Dry winds that can fan flames and knock power lines down are forecast to rattle Southern California through Friday, with the worst of it on Wednesday and Thursday, the National Weather Service said. California has already been charred by record fires that have burned 4.2 million acres and killed 31 people in 2020. Utilities including Edison and PG&E Corp. have cut power repeatedly to prevent live wires from falling into dry brush.Edison’s cuts could begin between late Wednesday and Friday, Edison spokesman Chris Abel said.Sempra Energy’s San Diego Gas & Electric utility also warned Tuesday that 88,700 homes and businesses, or more than 260,000 people, could lose power Wednesday night or Thursday morning, and possibly remain in the dark through Sunday or Monday. Most affected customers would be in the mountains east of San Diego. PG&E, California’s largest utility, said it may cut power to about 600 homes and businesses in Kern County this week, as well.Last week, Edison cut power to thousands of customers on Thanksgiving during high winds. In 2019, PG&E filed for bankruptcy after its wires sparked the deadliest blaze in state history.The high winds and blackouts will be mostly confined to Southern California but could touch a portion of the state’s Central Valley as well.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Australia recorded 3.3 per cent growth in the September quarter.
Fifty new electric buses will hit the road in Sydney by the end of March, as the state transitions its fleet to zero emissions technology.
Jockey Kerrin McEvoy has confirmed he won't travel to Hong Kong to continue his partnership with Classique Legend in the International Sprint.
US attorney general William Barr, who has served as president Donald Trump'sright-hand man and protector, waited nearly an entire month after the 2020presidential election to publicly state the obvious: Trump doesn't haveevidence for his conspiracy theories about widespread voter fraud.