Corbin Advisors quarterly Industrial Sentiment Survey finds the most bullish industrial sentiment since September 2018.
The Nasdaq Composite (NASDAQINDEX: ^IXIC) gained ground at midday on Tuesday, rebounding from a drop of nearly 2% on Monday. Just after 12:30 p.m. EDT, the Nasdaq was up nearly 1%. Earnings season continues, and today, it was Logitech's (NASDAQ: LOGI) turn to blow its numbers out of the park with an amazing performance.
U.S. Census Bureau:
Continued double-digit growth. Q3 revenue up 14%.Sidetrade (Euronext Growth: ALBFR.PA), the Artificial Intelligence platform dedicated to accelerating company revenue and cashflow, once again announces double-digit growth, with 2020 Q3 revenue up 14%.Olivier Novasque, founder, and CEO of Sidetrade, had this to say:“Even in the midst of a deep-seated health crisis, in a quarter which tends to be slower than the rest of the year, we managed to achieve double-digit growth. More than ever, in this period of unprecedented uncertainty, Sidetrade has shown the resilience of its SaaS growth model. Our Artificial Intelligence offerings are tailored for today’s global businesses. This is a vast market with untapped potential, and we intend to take the lead.” Continued double-digit growth. Q3 revenue up 14% Sidetrade (millions of euros) 2020 Q3 2019 Q3 Variation Revenue 7.3 6.4 \+ 14% 2020 information from unaudited consolidated data.Following up on two excellent quarters, Sidetrade continues with outstanding double-digit growth in Q3, a period which in fact tends to be the slowest in the year. 2020 Q3 revenue was €7.3m, up 14% against the same period last year.Key eventsThe period saw several prestigious new clients come on board, including Azets (international auditing and accounting) for their Northern European operations; K2 Partnering Solutions (recruitment of technology consultants) for their British and US operations; and a promising pilot project for Vinci Construction in France.One of the most exciting events in the quarter was confirmation that the American group Tech Data would be rolling out Sidetrade technology for all their business in the US, as well as in 26 European countries. This is no small feat, to say the least, considering that Tech Data is a multinational leader in the distribution of IT products and services, with revenue of 36.78 billion USD and ranked 88th on the Fortune 500. The go-ahead stems from the successful 2019 pilot phase in the US, France and Switzerland. On an annual basis, this new client represents an additional B2B transaction flow of around $45b to be managed in the Sidetrade cloud, making Tech Data one of Sidetrade’s biggest accounts.In other news, Midcap Partners, a broker and investment bank specialized in small and midcaps, initiated coverage of Sidetrade on 9 October 2020, considerably boosting Sidetrade’s visibility to European and North American investors. You can read the report by Midcap Partners on the Investors page of the Sidetrade website.Sidetrade confirms their perspective of double-digit growth in FY2020. Next communications2020 Annual Revenue: 26 January 2021 (after stock market closes) Investor & Media relationsChristelle Dhrif +33 6 10 46 72 00 firstname.lastname@example.org About Sidetrade (www.ww.sidetrade.com)Sidetrade (Euronext Growth: ALBFR.PA) accelerates company revenue and cashflow. Its Artificial Intelligence, Aimie, is able to recognize and anticipate customer behavior in order to recommend, in real time, the best strategies for sales and finance teams. Aimie reinforces three pillars of the customer journey: sales development, loyalty and collection speed. Sidetrade has a global reach, thanks to its 250 talented employees based in Paris, London, Birmingham, Dublin, and Amsterdam. Used in 80 countries, Sidetrade's technology enables more than 2,700 businesses of all sizes and from all sectors to be more competitive.For further information, visit us at www.sidetrade.com and follow us on Twitter @Sidetrade.In case of a discrepancy between the French and English versions of this press release, only the French version should be deemed valid. Attachment * PR_Revenue_2020Q3_EN
SUWON, Republic of Korea, Oct. 20, 2020 (GLOBE NEWSWIRE) -- OliX Pharmaceuticals, Inc. (KOSDAQ: 226950), a leading developer of RNAi therapeutics, today announced that Dong Ki Lee, Ph.D., founder and Chief Executive Officer of the Company, will present its platform technology and discuss the potential utility of Asymmetric small interfering RNA (asiRNA), Cell-Penetrating Asymmetric Interfering RNA (cp-asiRNA) and GalNAc-asiRNA at the 5th Annual OPT Congress Oligonucleotide & Precision Therapeutics Virtual Conference on Tuesday-Wednesday, October 20-21. In addition, the Company will participate in BIO-Europe Digital on October 26-29. OliX is developing novel RNAi therapeutics combatting a variety of diseases with unmet medical needs, based on its proprietary asymmetric siRNA (asiRNA) platform. In discussing the asiRNA platform’s efficiency in target gene silencing with reduced side effects, Dr. Lee will introduce preclinical data from OLX301A and 301D, recently out-licensed ocular asiRNA therapeutic programs targeting age-related macular degeneration (AMD).Dr. Lee will be participating in the following sessions: * Presentation: Asymmetric siRNAs Targeting Age-Related Macular Degeneration Date & Time: Wednesday, October 21 at 11:50 AM EDT * Presentation: Opportunities and Challenges with RNAs Date & Time: Wednesday, October 21 at 2:20 PM EDT OliX Pharmaceuticals will also participate in one-on-one live meetings at BIO-Europe Digital, Europe's largest partnering conference serving the global biotechnology industry and including more than 2100 companies and 4000 participants. As OliX continues to advance its RNAi therapy platforms, the Company is open to external research collaborations, out-licensing opportunities and building global partnerships with pharmaceutical and biotechnology companies worldwide.About OliX PharmaceuticalsOliX Pharmaceuticals is a clinical stage pharmaceutical company developing therapeutics against a variety of disorders by down-regulating expression of disease-causing genes, based on its proprietary RNAi technology. The Company’s core RNAi platform, asymmetric siRNA (asiRNA), is a unique gene silencing technology based on RNA interference (RNAi), which is considered as the most efficient gene silencing technology. Based on asiRNA technology, OliX has developed cell penetrating asiRNA (cp-asiRNA), a therapeutic RNAi platform to effectively target locally administrable diseases, such as hypertrophic scar, dry and wet age-related macular degeneration (AMD), subretinal fibrosis, idiopathic pulmonary fibrosis (IPF), and neuropathic pain. OliX has also developed another therapeutic RNAi platform, GalNAc-asiRNA, to target a variety of liver diseases. To learn more about the company, visit https://www.olixpharma.com/eng/company/greeting.php To learn more about RNAi technology, visit https://www.olixpharma.com/eng/rnd/rnd01.php asiRNA BoilerplateAsymmetric small interfering RNA (asiRNA) is the next generation of RNAi therapeutics that offers efficient gene regulation. In comparison to existing siRNA therapeutics, OliX Pharmaceutical’s asiRNA shows comparable gene silencing and significantly reduce siRNA-mediated side effects such as off-target gene silencing and immune stimulation.cp-asiRNA BoilerplateCell-Penetrating Asymmetric Interfering RNA (cp-asiRNA) is OliX Pharmaceuticals’ proprietary RNAi delivery method that efficiently silences gene expressions. cp-asiRNA can be locally administered to target various diseases with unmet needs such as hypertrophic scar, dry and wet age-related macular degeneration (AMD), subretinal fibrosis, idiopathic pulmonary fibrosis (IPF), and neuropathic pain.GalNAc-siRNA BoilerplateIn March 2020, OliX Pharmaceuticals secured a proprietary N-Acetylgalactosamine (GalNAc) platform, an RNAi therapy platform that targets a variety of liver diseases. GalNAc conjugated RNAi therapeutic enables siRNA uptake by the liver hepatocytes by binding with a high affinity and specificity to the asialoglycoprotein receptor (ASGPR).Media Contact:Terri Clevenger Westwicke/ICR PR Phone: +1.203.856.4326 email@example.com
Today's call is scheduled to last about one hour, including remarks by Philip Morris International management, and the question-and-answer session. Today's remarks contain forward-looking statements and projections of future results.
TBK earnings call for the period ending September 30, 2020.
The Federal Reserve's actions to unfreeze credit markets had a significant effect on the corporate bond market, despite a small footprint, and the central bank would take a flexible approach to providing more support if needed, a senior Fed official said on Tuesday. The announcement in March that the Fed would begin to purchase corporate bonds through its corporate credit facilities helped to calm markets and lower borrowing costs, ensuring that companies could access credit, said Daleep Singh, executive vice president at the New York Fed. "The ultimate goal of these facilities was to provide a bridge for U.S. companies and their employees to the other side of the pandemic shock," Singh said in remarks prepared for a virtual event organized by the Chamber of Commerce.
NEW YORK, Oct. 20, 2020 (GLOBE NEWSWIRE) -- Promote Iceland announces today that it has selected Havas Media Group as the brand’s media agency of record. Awarded for a three-year term following a competitive review, the scope will include managing media strategy and buying for North America and EMEA. Havas Media Group’s Frankfurt and Miami offices will work cooperatively under the Havas Village banner with a foot in both continents, both of which remain a strategic focus for Iceland. Havas Media Group’s partnership with Promote Iceland will aim to accelerate awareness around the Scandinavian island that was one of the first to open its borders after COVID-19 lockdown.“We look forward to driving meaningful engagement with the Icelandic culture and all it has to offer through a strategic global approach,” said Colin Kinsella, CEO, Havas Media North America. “As borders reopen and travelers start planning trips again, Iceland offers an inspirational, sustainable destination filled with unique adventure and possibility.”“This new assignment reinforces our international clients’ footprint in the U.S. market and positions our Miami office as an expert in the category,” said Anabela Bonuccelli, Managing Director, Havas Media Miami.The new relationship further extends Havas Media Group’s North American portfolio in the travel and tourism category, with Promote Iceland joining TripAdvisor and Visit California, among other brands.“One of the strongest appeals to working with Havas Media was its Mx framework’s approach, focus on Meaningful Media and its experience with different travel and tourism brands. This combination made it a perfect match with Iceland’s current and future approach to market,” said Sveinn Birkir Björnsson, Director of Marketing Communications, at Promote Iceland. “Together, we will look to engage and connect with new consumers around the world, drawing more tourists to our great country.”Work will launch in Q4 of this year.About Promote Iceland Promote Iceland is a public-private partnership established to improve the competitiveness of Icelandic companies in foreign markets and to stimulate economic growth through increased export.The goals of Promote Iceland are promoting Iceland as a tourism destination, assisting in the promotion of Icelandic culture abroad, and introducing Iceland as an attractive option for foreign direct investment. Visit Iceland is part of Promote Iceland and is the official destination marketing office for Iceland, aiming to attract visitors to the country. Inspired by Iceland is the official destination brand for Iceland.About Havas Media Group At Havas Media Group, we believe that more meaningful media can help build more meaningful brands. Our media agencies are home to more than 10,000 specialists and are the most dynamic and advanced in their markets. With offices in 144 countries worldwide, our teams also offer best-in-class services in the fields of programmatic buying, mobile, data consulting, performance marketing, out of home and geo-local, and social media. For more information, visit havasmedia.com or follow Havas Media USA on Twitter and Instagram (@HavasMediaUSA) and Havas Miami (@HavasMIA).Contact: Havasmedia@digennaro-usa.com
TScan Therapeutics, a biopharmaceutical company focused on the development of T cell receptor (TCR)-engineered T cell therapies in oncology, today announced the publication of a study identifying the targets of T cells in recovering COVID-19 patients in Immunity, a Cell Press journal. The Company used their target discovery platform, T-Scan, to identify the precise epitope targets in the novel coronavirus that are recognized by the T cells of convalescent patients. The Company found that T cells typically recognize between three and eight targets in coronavirus that are shared among patients with the same human leukocyte antigen (HLA) type. Most of these targets were not located in the Spike protein, a concerning finding as current vaccine development efforts are focused on eliciting an antibody response to the Spike protein. These findings highlight the potential need for second-generation vaccines that incorporate these targets given T cells play an important role in mediating long-term immunity to the virus, as well as the development of T-cell based diagnostics and T cell therapies. The TScan study also showed that patients’ T cells do not cross-react with seasonal coronaviruses that cause the common cold, decreasing the likelihood that prior exposure to these viruses confers immunity to COVID-19.
Dr. McEntire wins Food Safety Leadership Award for pushing boundaries in food safety and education Dr. Jennifer McEntire, Senior Vice President of Food Safety and Technology at the United Fresh Produce Association, wins Food Safety Leadership Award for pushing boundaries in food safety and education. Ann Arbor, Mich., Oct. 20, 2020 (GLOBE NEWSWIRE) -- NSF International, a global public health and safety organization, announced Dr. Jennifer McEntire, Senior Vice President of Food Safety and Technology at the United Fresh Produce Association, as this year’s Food Safety Leadership Award recipient. Dr. McEntire developed United Fresh’s Produce Safety Immersion program to help accelerate the education and careers of aspiring food safety professionals.The Centers for Disease Control and Prevention estimates that roughly 46% of foodborne illnesses each year can be attributed to contaminated produce. After identifying gaps in how produce handlers were trained, Dr. McEntire saw the need to shape training protocols to reduce the risk of foodborne illness. Launched last year with the support of United Fresh, Dr. McEntire’s new year-long program offers 15 individuals the opportunity to build the technical competencies, critical thinking skills and leadership attributes required to ensure the safety of produce in the United States.“Dr. McEntire continues to think beyond the status quo and pushes the envelope related to education and training in the food safety arena,” stated Jason Bashura, Senior Manager of Global Food Defense at PepsiCo and award nominator. “I am optimistic that her approach of the Produce Safety Immersion program can be modeled for other facets of a truly integrated food safety system to help bolster, build and sustain a culture of food protection; one that encompasses quality, food safety and food defense within and across the food industry.”During her 20-year career, Dr. McEntire has demonstrated a commitment to food safety, food safety education and the protection of public health. While at the Institute of Food Technologists, Dr. McEntire co-led the development of a career guidance program implemented in 18,000 U.S. high schools, encouraging youth to pursue careers in food science. She has also held senior leadership roles at the Consumer Brands Association (formerly the Grocery Manufacturers Association) and the Acheson Group (formerly Leavitt Partners Global Food Safety Solutions).Dr. McEntire received a Bachelor of Science degree from the University of Delaware and earned her Ph.D. at Rutgers University as a USDA National Needs Fellow in Food Safety.NSF International’s Food Safety Leadership Award recognizes individuals and organizations for real and lasting improvements in food safety. Nominations are evaluated by the Food Safety Summit Educational Advisory Board, which is a volunteer group of industry leaders representing manufacturing, foodservice, regulatory, academia, retail and distribution. Award winners are then selected by NSF International.For more information on NSF International and its annual Food Safety Leadership Award, please visit www.nsf.org. For media interviews, please contact Lindsay Karpinskas at firstname.lastname@example.org or 734-773-4194.NSF International (nsf.org) is an independent, global organization that facilitates standards development, and tests and certifies products for the food, water, health sciences and consumer goods industries to minimize adverse health effects and protect the environment. Founded in 1944, NSF is committed to protecting human health and safety worldwide. With operations in 180 countries, NSF International is a Pan American Health Organization/World Health Organization (WHO) Collaborating Center on Food Safety, Water Quality and Indoor Environment. Attachment * Jennifer McEntire CONTACT: Lindsay Karpinskas NSF International +1 734 773 4194 email@example.com
The Global Ultraviolet (UV) Sensor Market will grow by $ 2.69 bn during 2020-2024
WALDORF, Md., Oct. 20, 2020 (GLOBE NEWSWIRE) -- The Community Financial Corporation (NASDAQ: TCFC) (the “Company”), the holding company for Community Bank of the Chesapeake (the “Bank”), reported that the Company’s Board of Directors has approved an expansion to its existing stock purchase plan. Before today’s Board action, the Company had authorization to repurchase up to 184,863 shares of the Company’s common stock pursuant the stock repurchase plan previously adopted by the Board on May 4, 2015. After today’s Board action, the Company may repurchase up to 300,000 of the Company’s outstanding shares of common stock using up to $7.0 million of the proceeds the Company raised in its recently completed $20.0 million subordinated debt offering. “We remain committed to enhancing overall stockholder value,” commented William J. Pasenelli, President and Chief Executive Officer. “While the new stock repurchase plan increases the Company’s overall ability to buy back shares up to 300,000 shares, we currently expect to limit the capital spent on repurchases during the fourth quarter of 2020 and the first quarter of 2021 to $300,000 per quarter, for an aggregate of $600,000, while we monitor the impact of the pandemic on asset quality. Nevertheless, the Board believes that it is prudent to enhance the Company’s ability to repurchase shares of stock under its repurchase program, particularly in an environment in which we believe the Company’s stock remains undervalued.”Repurchases may be made from time to time in the open market, in privately negotiated stock purchases or pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission and applicable federal securities laws. The share repurchase plan does not obligate the Company to acquire any particular amount of common stock, and it may be modified or suspended at any time at the Company’s discretion.The Community Financial Corporation InformationThe Community Financial Corporation is the bank holding company for Community Bank of the Chesapeake, which conducts business through its main office in Waldorf, Maryland, and branch offices in Bryans Road, California, Charlotte Hall, Dunkirk, La Plata, Leonardtown, Lusby, Prince Frederick and Waldorf, Maryland and Fredericksburg, Virginia. Forward-looking StatementsThis news release contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements can generally be identified by the fact that they do not relate strictly to historical or current facts. They often include words like “believe,” “expect,” “anticipate,” “estimate” and “intend” or future or conditional verbs such as “will,” “would,” “should,” “could” or “may.” Statements in this release that are not strictly historical are forward-looking and are based upon current expectations that may differ materially from actual results. These forward-looking statements include, without limitation, those relating to the Company’s and Community Bank of the Chesapeake’s future growth and management’s outlook or expectations for revenue, assets, asset quality, profitability, business prospects, net interest margin, non-interest revenue, allowance for loan losses, the level of credit losses from lending, liquidity levels, capital levels, or other future financial or business performance strategies or expectations, and any statements of the plans and objectives of management for future operations products or services, including the expected benefits from, and/or the execution of integration plans relating to any acquisition we have undertaking or that we undertake in the future; plans and cost savings regarding branch closings or consolidation; any statement of expectation or belief; projections related to certain financial metrics; and any statement of assumptions underlying the foregoing. These forward-looking statements express management’s current expectations or forecasts of future events, results and conditions, and by their nature are subject to and involve risks and uncertainties that could cause actual results to differ materially from those anticipated by the statements made herein. Factors that might cause actual results to differ materially from those made in such statements include, but are not limited to: risks, uncertainties and other factors relating to the COVID-19 pandemic (including the length of time that the pandemic continues, the ability of states and local governments to successfully implement the lifting of restrictions on movement and the potential imposition of further restrictions on movement and travel in the future, the effect of the pandemic on the general economy and on the businesses of our borrowers and their ability to make payments on their obligations; the remedial actions and stimulus measures adopted by federal, state and local governments, and the inability of employees to work due to illness, quarantine, or government mandates); the synergies and other expected financial benefits from any other acquisition that we undertake; may not be realized within the expected time frames; changes in The Community Financial Corporation or Community Bank of the Chesapeake’s strategy, costs or difficulties related to integration matters might be greater than expected; availability of and costs associated with obtaining adequate and timely sources of liquidity; the ability to maintain credit quality; general economic trends; changes in interest rates; loss of deposits and loan demand to other financial institutions; substantial changes in financial markets; changes in real estate value and the real estate market; regulatory changes; the impact of government shutdowns or sequestration; the possibility of unforeseen events affecting the industry generally; the uncertainties associated with newly developed or acquired operations; the outcome of litigation that may arise; market disruptions and other effects of terrorist activities; and the matters described in “Item 1A Risk Factors” in the Company’s Annual Report on Form 10-K for the Year Ended December 31, 2019, and in its other Reports filed with the Securities and Exchange Commission (the “SEC”). The Company’s forward-looking statements may also be subject to other risks and uncertainties, including those that it may discuss elsewhere in this news release or in its filings with the SEC, accessible on the SEC’s Web site at www.sec.gov. The Company undertakes no obligation to update these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unforeseen events, except as required under the rules and regulations of the SEC. Contact: William Pasenelli President and Chief Executive Officer 240-427-1033
(Bloomberg) -- The Qatar Investment Authority is streamlining its management structure, bringing together some of its most high-profile executives under one committee, according to people familiar with the matter.Under the new structure, four executives will report directly to Chief Executive Mansoor Al Mahmoud, the people said, asking not to be identified as the matter is private. “This article is untrue,” a QIA spokesman said. “We have not created the mentioned committee.”The reorganization was implemented recently to allow for more efficient running of the fund and is currently in effect, the people said. The new committee includes:Mohammed Al Sowaidi, who runs the fund’s North American operationsAhmed Al-Hammadi, who handles QIA’s active investmentsFaisal Bin Al-Thani, responsible for the fund’s Asia-Pacific and Africa investmentsYounes Belcadi, who is non-Qatari and head of public equitiesThe QIA manages about $300 billion of assets and ranks as the 11th largest globally, according to the Sovereign Wealth Fund Institute.Middle Eastern sovereign wealth funds are looking to play a larger role in the diversification of their economies and are stepping up investments amid the coronavirus pandemic.While the QIA has been less active than some of its regional counterparts such as Saudi Arabia’s Public Investment Fund and Abu Dhabi’s Mubadala Investment Co., it holds stakes in some of the world’s top companies including London Stock Exchange Group Plc, Volkswagen AG and Glencore Plc.Qatar is the world’s biggest liquefied natural gas exporter and its economy took a hit after prices plunged earlier this year. Still, it has fared better than peers in the region reliant mostly on oil, which has fallen more than gas since the onset of the virus.The country is also in its fourth year of a Saudi Arabia-led standoff that has weighed on its finances and saw the QIA inject billions of dollars into local banks shortly after it started.The fund has recently been targeting more investments in the U.S. and Asia and in sectors such as technology and health care to diversify its portfolio after previously spending billions of dollars on trophy assets, such as London real estate and stakes in global companies.(Corrects name in second bullet point, adds QIA comment in second 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.
The pandemic has put stress on companies dealing with a workforce that is mostly -- and sometimes suddenly -- working from home. Egnyte is an enterprise file storage and sharing (EFSS) company, though it has added security services and other tools over the years. "It's no surprise that there's been a rapid shift to remote work, which has I believe led to mass adoption of multiple applications running on multiple clouds, and tied to that has been a nonlinear reaction of exponential growth in data security and governance concerns," Vineet Jain, co-founder and CEO at Egnyte, explained.
(Bloomberg) -- House Speaker Nancy Pelosi said a bill for a compromise stimulus package is being written as she awaits a key phone call with Treasury Secretary Steven Mnuchin Tuesday.Pelosi said in a Bloomberg Television interview that while there are areas where more work is required to get a compromise, she was pleased with the Trump administration’s latest position on coronavirus testing and tracing. The two sides are also “in range” on other health care provisions, she said.In her communication with Democratic colleagues in recent days, Pelosi has emphasized many areas where differences remain. Her optimistic comments in the interview helped stocks extend gains, with the S&P 500 Index up 1% as of 1 p.m.Pelosi flagged that assistance to state and local authorities and providing income assistance to working families remain areas where work is needed. . On a Republican push to provide businesses with liability protection against virus-related lawsuits, she expects to present a counter-offer to Mnuchin Tuesday afternoon. She said a compromise is possible based on strong government Covid-19 workplace regulations.“We are starting to write a bill,” Pelosi said. “We all want to get to an agreement.”Senate RoadblockEven if the two do get a deal, Senate Republicans could still loom as a roadblock. A number of GOP members have balked at a stimulus of the scale of $1.8 trillion or more. House Democrats are pushing $2.2 trillion, and Trump said Tuesday that he could embrace a number “even bigger than the Democrats.”Trump Tuesday reiterated his view that Senate Majority Leader Mitch McConnell will proceed with any bill agreed between the administration and Pelosi. “He’ll be on board if something comes,” he said on Fox News Tuesday.McConnell is aiming to shame Democrats for what he described as an “all or nothing” approach, by trying to secure a vote on legislation offering aid in areas that both Democrats and Republicans support.Tuesday afternoon, McConnell will try to stage a test vote on a bill allowing unused funds from the March stimulus law to replenish the Paycheck Protection Program to aid small businesses. On Wednesday he plans a $500 billion stimulus, along the lines of what he tried and failed to pass last month. Democrats are expected to block both efforts.Time TightRepublicans resisting a bigger package would be put in a jam if Mnuchin and Pelosi do get a deal, as they’d have to choose whether to fold and support their president or expose intra-party divisions. But time is running short for a compromise to get enacted by the Nov. 3 election.“It might not be finished by Election Day,” Pelosi said. “We need our legislation all written by the end of this week” for that to happen, she said. She added that she’d like to speed ahead in an effort to help people before rent payments are due on Nov. 1.Pelosi said she’s telling her colleagues not to worry about any “collateral benefit” that could accrue to Trump if a deal is sealed before Nov. 3.She expressed particular optimism that the Trump administration has now agreed to a strategy designed to “crush the virus.”The speaker has tasked House committee chairmen to work out legislative language on a bill with their Senate Republican counterparts. Talks among appropriations committee members are so far stalled because the levels of spending in accounts they have been charged with resolving are interlinked with with unresolved areas in the core Pelosi-Mnuchin talks, according to aides in both parties.The appropriations staff members have hit a “bump in the road,” Pelosi said, adding that legislation is always “tough.”It would take several days after an Pelosi-Mnuchin agreement for the spending committees to negotiate out the details, according to a GOP aide.Appropriations Chairman Richard Shelby said his staff doesn’t have the details from Mnuchin or Pelosi they need to work out a bill.“I’m not optimistic about us doing anything,” Shelby said. “We should have done something and we had the opportunity and the Democrats wouldn’t do it several months ago.”(Updates with context and comments throughout.)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.
A new private label specialty athleisure brand called FLX for both men and women will move the retailer into the higher-end active and casual clothing market.
(Bloomberg) -- The longevity of one of the world’s largest exchange-traded funds no longer depends on a group of millennials.The $138 billion Invesco QQQ Trust Series 1, ticker QQQ, changed its rules last week to state that the fund’s expiration date will now be tied to the “maturity, redemption, sale or other disposition” of its last security. Previously, the ETF would be terminated on either March 4, 2124, or 20 years after the death of the 15 people born between 1986 and 1996 who were named in the Trust Agreement, according to its prospectus.Tying QQQ’s termination date to its underlying assets effectively extends the fund’s lifespan for a “theoretically infinite” amount of time, said Jeffrey Ptak, global director of manager research for Morningstar Inc.A spokeswoman from Invesco declined to comment.The quirk likely boils down to the fact that QQQ was created in 1999 as a unit investment trust, which required a specified termination date. The world’s biggest ETF -- the SPDR S&P 500 ETF Trust -- was also launched as a UIT in 1993, and is tied to the fate of 11 people born between 1990 and 1993.While UITs have advantages -- such as not having to pay a board of directors -- they’ve mostly been discontinued as the ETF universe grows more complex, according to Bloomberg Intelligence.“UITs were phased out pretty quickly in favor of the open-end management company, because those could be managed and do things like use derivatives or engage in securities lending,” said Eric Balchunas, ETF analyst for BI.QQQ has rallied about 35% in 2020 and is poised for its best year of inflows in two decades.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.
After Baylor's previously scheduled game was postponed because of COVID-19 cases, Herman isn't sure which Baylor players will be available.
TrackPromoters Organic Spotify PromotionNew York, USA , Oct. 20, 2020 (GLOBE NEWSWIRE) -- Spotify has more than 250 million monthly listeners, with almost 15 million premium subscribers. While it may be easy for a top artist to quickly get millions of plays, the task isn’t easy for budding singers, artists, etc. From organic plays or likes to getting placed in the right playlists, the work is endless. organic Spotify promotion is never an easy task. Therefore to save you from all the hassle of promotion, TrackPromoter’s new organic Spotify promotion service package is designed. From our Basic Spotify Promotion Packages to Spotify Promotion packages, TrackPromoter’s Spotify promotion packages are designed to cater to everyone’s needs. It doesn’t matter if you are budding singers or established artists. Want to get featured in hundreds of Spotify Playlists or music blogs? Want thousands of plays on your new song? Or want to create buzz on social media about it? 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Check out our pro package here.Once all the activities included in our organic Spotify promotion service are over, we share a detailed work report that provides accurate numbers and links to Spotify playlists and music blogs that your track was featured on. How does our Organic Spotify Music promotion service work?Our Spotify promotion service is a 4 step process, carefully designed to understand your needs and serve accordingly.Step 1: Submission checkOur team of experts will listen and review every song you submit. Once it gets approved, we will move to the next step. Step 2: Target audienceWe will plan the promotional campaign for your track, depending upon its mood and genre in this step. This helps in getting the maximum exposure and top-notch results.Step 3: Spotify Playlist pitchingOnce they receive your song from us, our curators will start with the Spotify Promotion service, getting your first Spotify playlist placement within 2-3 days. Step 4: Promotion reportIn the end, you will receive a detailed service report, which will include names of all the playlists and blog names along with links to the playlists. Our executives put in a large amount of effort to understand your requirements and create a customized organic Spotify music promotion services. The edge that TrackPromoters give you Recognition: As an artist, your music will get 100% Real and organic Spotify promotion service with TrackPromoters. You will work with a team of experts at the highest standard of excellence and professionalism— TrackPromoters target popular local and national media, which guarantees that you receive the most appropriate coverage. Relationship with respected publications: Since established TrackPromoters has built strong relationships with well-reputed and famous media houses and blogs. We work closely with internationally renowned blogs that feature aspiring artists. This gives us an edge in your Spotify music promotion service. Many major Music publications and studios search for their ‘Next Big Star’ with these blogs and media magazines. TrackPromoters ensure that you get noticed by these studios. All you have to do is create some mesmerizing music, and TrackPromoters will build a strong and organic Spotify fan base for you in no time. Reliable Spotify promotion service: You might get thousands of plays with bots and software, giving you momentary satisfaction and joy. This is what most companies do with their clients. But this method will not get you an organic and growing audience. On the other hand, platforms like Spotify will indeed penalize you for using bots or might even get banned permanently. TrackPromoter uses exquisite techniques and strategies for the Organic Spotify music Promotion service. These techniques will get you the most reliable fan base on Spotify that will keep growing. Expertise: The team of experts in TrackPromters has years of practical experience in Legit Spotify promotion campaigns. This experience has resulted in creating some unique and unparalleled techniques and strategies that guarantee results. They plan and execute successful campaigns exclusively designed for you. Also, 24/7 customer service guarantees that you reach the team anytime. Have an idea on your mind at midnight? No Problem, contact the group, and discuss it. We follow a proven method for our services to deliver results. We are thus ensuring 100% satisfaction. The marketing team will work patiently with you and create some best Spotify music promotion strategies to reach the desired audience.Media Details Company: TrackPromoters Email: firstname.lastname@example.org Website: https://trackpromoters.com/ Attachment * TrackPromoters