Just when you thought D.K. Metcalf taught the world not to celebrate too early, something similar happened in the college ranks on Saturday. Twice.
Just when you thought D.K. Metcalf taught the world not to celebrate too early, something similar happened in the college ranks on Saturday. Twice.
(Bloomberg) -- Netflix Inc. tumbled Wednesday after missing Wall Street’s estimates for subscribers, renewing doubts about its ability to maintain growth as pandemic lockdowns go away and competition intensifies.The world’s largest paid streaming service added just 2.2 million new subscribers in the third quarter, it said Tuesday. That was well short of the 3.32 million predicted by analysts, as well as the company’s own more conservative projection. Netflix also predicted that it will sign up 6 million new subscribers this period, below the 6.54 million Wall Street estimate.Netflix shares fell as much as 6% to $494 in New York trading Wednesday. The stock had been up 62% this year through Tuesday’s close, giving the company a market value of $231.7 billion.Netflix added 25.9 million customers in the first half of the year, its strongest start ever. Yet throughout the pandemic, the company has warned that the subscriber boom wouldn’t last -- and in fact, that its surge in new customers could suppress growth in the future.“We expected and knew there would be some level of slowdown,” Chief Financial Officer Spencer Neumann said during a video discussion after the results were released.But predicting subscriber growth in such a climate has proved trickier than ever. While Netflix’s forecasts for the second quarter proved too cautious, its outlook for the third quarter was too rosy.Many viewers -- especially in Europe and Asia -- have returned to something closer to normal day-to-day life, reducing the amount of time they can spend on Netflix binges. And pro sports have returned to Americans’ TV screens. All of that hampered subscriber gains last quarter, with growth suffering in all three regions.“It’s the sign of a maturing business,” said Jim Nail, an analyst at Forrester Research. “Infinite growth can’t go on forever.”It was Netflix’s weakest third-quarter gain since 2015, back when the company wasn’t yet operating in most of the world. In its letter to investors, management blamed a “pull forward” effect: Rapid growth in the first half of the year stole from results in more recent months. The streaming service also warned investors that it would see slower growth in the quarters ahead.Program PipelineNetflix has still outshined many TV networks and services, which have struggled to find new programming to air during the pandemic. The company has released a full slate of movies, TV shows and documentaries. And through nine months of 2020, the Los Gatos, California-based company has added 28.1 million paid memberships, topping all of last year.The company is on pace to add 34 million users in 2020, its strongest year of growth ever, and surpass 200 million customers in total.Movies and documentaries were a bright spot in the quarter. “The Old Guard,” an action film starring Charlize Theron, was its most-watched title in the third quarter, followed by two other features, “Project Power” and “The Kissing Booth 2.” “American Murder: The Family Next Door,” released in September, is on pace to be the service’s most-watched documentary ever.The performance of its original series was less strong, which may help explain why the company just restructured its TV division. And its most popular shows are still primarily in English, potentially limiting its overseas expansion.Netflix played down the impact of the pandemic on its pipeline of new shows. The company said it has completed 50 projects since the initial shutdown in production, and it will release more programs next year than it did in 2020.“We’re confident that we’ll have an exciting range of programming for our members, particularly relative to other entertainment service options,” the company said.Saving CashThe slowdown in production does mean Netflix will post positive annual free cash flow for the first time in years. Though the company reports a profit, it has still been burning through cash to fund its expansion into new territories and its production of new programs.While the company said free cash flow will be negative next year, it won’t need to borrow much money anymore. It now has enough cash on its balance sheet to fund its operations for more than 12 months.For years, critics have said Netflix will run out of money. That danger now appears to have passed. More and more, the company looks like a stable studio -- and increasingly, a dominant force in Hollywood.“We can safely say we can self-finance our growth without accessing capital markets,” Netflix’s Neumann said.(Updates with shares in third 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.
According to Coherent Market Insights, the global benzocaine market is estimated to be valued at US$ 128.9 million in 2020 and is expected to exhibit a CAGR of 2.70 % over the forecast period (2020-2027).
In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...
The global artificial joints market is expected to US$ 28,614. 88 million in 2027 from US$ 18,356. 80 million in 2019; it is estimated to grow at a CAGR of 5. 8% from 2020 to 2027. The market growth is mainly attributed to the globally increasing prevalence of bone and increasing prevalence of obesity.New York, Oct. 21, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Artificial Joints Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Type, Material, Application, End User and Geography" - https://www.reportlinker.com/p05978051/?utm_source=GNW However, the high cost of joint repair therapieshinder the growth of the market. Obesity has significant effects on the musculoskeletal system of the patient, leading to degeneration of bones and ligaments.Moreover, the condition, along with other major factors, is strongly allied with the increased risk of bone fractures and loss of bone density. In addition, according to a study published by NCBI in 2017, obesity has the well-established link to total joint arthroplasty. Also, with the growth of obesity, TKA and TJA are estimated to show considerable growth during the forecast period. According to the study published by the WHO (World Health Organization) in 2020, the frequency of obesity among the worldwide population has tripled since past four decades.Furthermore, according to the same study, 38 million children below 5 years of age were overweight in 2019 worldwide. This massive prevalence of obesity is likely to have an impact on the bone and joint conditions. For instance, according to a study published by the CDC (Centers of Disease Control and Prevention); the prevalent cases of obesity grew from around 30.5% to 42.4% during past two decades in the US. Overweight conditions among general populations are expected to accelerate the number of joint replacement surgeries. For instance, according to a study published on NCBI in 2016, in UK around 56% of patients who underwent TKA were obese. Such association between obesity and bone degeneration is anticipated to drive the market growth by 2027. Based ontype, the artificial joints marketis segmented into cemented joints and non-cemented joints.The cemented joints segment held the largest share of the market in 2019 and is anticipated to register the highest CAGR in the market during the forecast period.Based on material, the market is segmented into ceramics, alloys, oxinium, and others. Based on application, the artificial joints market is segmented into knee, artificial joints of hip, artificial joints of shoulder, and others. On the basis ofend user,the market is segmented into hospitals, ambulatory care centers, and other end users. The World Health Organization (WHO), National Osteoporosis Foundation, Stanford Children’s Health,Centers for Disease Control and Prevention (CDC), andJournal of Rheumatology,along with company websites, are a few of the major primary and secondary sources cited while preparing this report. Read the full report: https://www.reportlinker.com/p05978051/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ CONTACT: Clare: email@example.com US: (339)-368-6001 Intl: +1 339-368-6001
Rise in number of accidents, implementation of stringent government regulation for adoption of auto insurance, and surge in automobile sales across the globe drive the growth of the global auto insurance market. The market across Asia-Pacific is anticipated to register the highest CAGR of 10.2% during the forecast period. Prolonged lockdown has stopped the travel business across the world and decreased the demand for auto insurance.Portland, Oct. 21, 2020 (GLOBE NEWSWIRE) -- As per the report published by Allied Market Research, the global auto insurance market generated $739.30 billion in 2019, and is anticipated to hit $1.06 trillion by 2027, registering a CAGR of 8.5% from 2020 to 2027.Rise in number of accidents, implementation of stringent government regulation for adoption of auto insurance, and surge in automobile sales across the globe drive the growth of the global auto insurance market. However, adoption of autonomous vehicles hampers the market growth. On the contrary, increase in demand for third-party liability coverage in emerging economies would open new opportunities for market players in the future.Download Sample Report – Get Now(180 Pages, 115 Tables, and 32 Charts): https://www.alliedmarketresearch.com/request-sample/2450Covid-19 scenario: * Insurers have provided new developments in existing policies such as pay-as-you-drive, usage-based insurance, or telematics insurance to improve the claim processes and deal with unprecedented circumstances. * Prolonged lockdown has stopped the travel business across the world and decreased the demand for auto insurance. * However, relaxation regarding traveling is anticipated to rise the demand for auto insurance post-pandemic.The global auto insurance market is divided on the basis of coverage, distribution channel, vehicle age, application, and region. Based on product, the market is classified into third party liability coverage, and collision/comprehensive/other optional coverages. It is projected to manifest the highest CAGR of 10.1% from 2020 to 2027. However, the third-party liability coverage segment dominated in 2019, contributing to nearly three-fifths of the market.Market Analysis Post COVID – Advanced Research: https://www.alliedmarketresearch.com/request-for-customization/2450?reqfor=covid On the basis of distribution channel, the market is divided into insurance agents/brokers, direct response, banks, and others. Based on application, the market is segmented into personal and commercial. The personal segment held the largest share in 2019, accounting for nearly three-fourths of the market. However, the commercial segment is projected to manifest the highest CAGR of 9.6% during the forecast period.Based on vehicle age, the market is segmented into new vehicles and used vehicles. The global auto insurance market is analyzed across various regions such as North America, LAMEA, Asia-Pacific, and Europe. The market across Asia-Pacific is anticipated to register the highest CAGR of 10.2% during the forecast period. However, the market across North America held the lion’s share in 2019, contributing to nearly two-fifths of the market.Enquire For Discount: https://www.alliedmarketresearch.com/purchase-enquiry/2450The global auto insurance market report includes an in-depth analysis of the market players such as People’s Insurance Company of China, CHINA PACIFIC INSURANCE CO., State Farm Mutual Automobile Insurance, Admiral Group Plc, Allstate Insurance Company, Ping An Insurance (Group) Company of China, Ltd., Berkshire Hathaway Inc., GEICO, Allianz, and Tokio Marine Group.Access Avenue (Premium on-demand, subscription-based pricing model) @ https://www.alliedmarketresearch.com/Avenue-Membership-detailsAvenue, a user-based library of global market report database, provides comprehensive reports pertaining to the world's largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements.Related Studies:Business Insurance Market by Insurance Type (Property & Causality Insurance, Professional Liability Insurance, Workers Compensation Insurance, Product Liability Insurance, Vehicle Insurance, and Others) and Application (Large Corporation and Small & Medium Companies): Global Opportunity Analysis and Industry Forecast, 2019–2026Contractor Insurance Market by Insurance Type (General Liability Insurance, Worker Compensation Insurance, Builder Risk, and Others) and Channel (Agency, Bancassurance, and Digital & Direct Channels): Global Opportunity Analysis and Industry Forecast, 2019–2026Motor Insurance Market By Coverage (Liability Coverage, Collision Coverage, Comprehensive Insurance, Uninsured Motor Insurance, Underinsured Motor Insurance, Medical Payment Coverage, Personal Injury Protection Insurance, and Gap Insurance), and Application (Commercial Vehicle and Personal Vehicle): Global Opportunity Analysis and Industry Forecast, 2020-2027Guaranteed Auto Protection (GAP) Insurance Market By Type (Finance GAP Insurance, Return-to-Invoice GAP Insurance, Vehicle Replacement GAP Insurance, Return-to-Value GAP Insurance, and Others) and Application (Passenger Cars and Commercial Vehicles): Global Opportunity Analysis and Industry Forecast, 2020–2027About Us:Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. CONTACT: Contact: David Correa 5933 NE Win Sivers Drive 205, Portland, OR 97220 United States USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1(855)550-5975 firstname.lastname@example.org Web: https://www.alliedmarketresearch.com
Yoda's voice actor, Frank Oz, returns for Star Wars: Takes from the Galaxy's Edge on Oculus Quest.
The Global Acrylic Fibers Market will grow by 251.34 million t during 2020-2024
Surge in need for bridges due to increasing road traffic in urban areas drives the growth of the global bridge construction market. Asia-Pacific contributed the highest share in 2019, and will maintain its dominance throughout the forecast period. Bridge construction activities across the globe have been slowed down or halted due to disrupted supply of raw materials such as sand and cement with restrictions on logistic mobility amid the lockdown.Portland, OR, Oct. 21, 2020 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global bridge construction market garnered $908.0 billion in 2019, and is estimated to reach $1,212.6 billion by 2027, registering a CAGR of 4.6% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios.Surge in need for bridges due to increasing road traffic in urban areas drives the growth of the global bridge construction market. However, unavailability of raw materials such as sand and complex structural geometry & loading restrain the market growth. Furthermore, growing adoption of automation in bridge construction is expected to provide new growth opportunities for market players in the near future.Download Sample PDF (295 Pages with More Insight): https://www.alliedmarketresearch.com/request-sample/5420Covid-19 scenario: * Bridge construction activities across the globe have been slowed down or halted due to disrupted supply of raw materials such as sand and cement with restrictions on logistic mobility amid the lockdown due to Covid-19 pandemic. * According to the UNIDO (United Nations Industrial Development Organization), the construction sector across the developing economies has been affected worst during Covid-19 pandemic as 30-70% of pre-Covid-19 workforce have migrated back to their hometowns due to uncertainties and loss of income during the lockdown. * In addition, the construction activities of the bridges have been stopped to avoid social gathering and curb the spread of coronavirus. The report offers a detailed segmentation of the global bridge construction market based on type, material, application, and region. Based on type, the beam bridge segment contributed to the largest share in 2019, accounting for more than one-third of the total share, and is estimated to maintain its dominant position during the forecast period. In addition, it is estimated to portray the highest CAGR of 5.6% during the forecast period. The report also discusses segments such as arch bridge, truss bridge, suspension bridge, cable-stayed bridge, and others.Get detailed COVID-19 impact analysis on the Bridge Construction Market: https://www.alliedmarketresearch.com/request-for-customization/5420?reqfor=covidBased on material, the concrete segment accounted for the largest share in 2019, holding more nearly half of the total share, and is expected to maintain the largest share throughout the forecast period. However, the steel segment is expected to register the highest CAGR of 5.3% from 2020 to 2027.Based on region, Asia-Pacific contributed the highest share, accounting for more than half of the total market share in 2019, and will maintain its dominance throughout the forecast period. In addition, it is expected to grow at the highest CAGR of 5.3% from 2020 to 2027. The report also analyzes segments including North America, LAMEA, and Europe.Leading market players analyzed in the research include AECOM, ACS Group, China Communications Construction Company Limited, Balfour Beatty, Fluor, China Railway Group Ltd., Kiewit Corporation, Hochtief AG, Vinci, and Samsung C&T.Avenue Basic Plan | Library Access | 1 Year Subscription |Sign up for Avenue subscription to access more than 12,000+ company profiles and 2,000+ niche industry market research reports at $699 per month, per seat. For a year, the client needs to purchase minimum 2 seat plan.Avenue Library Subscription | Request for 14 days free trial of before buying: https://www.alliedmarketresearch.com/avenue/trial/starterGet more information: https://www.alliedmarketresearch.com/library-accessAbout Allied Market Research:Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports. CONTACT: Contact: David Correa 5933 NE Win Sivers Drive 205, Portland, OR 97220 United States Toll Free (USA/Canada): +1-800-792-5285, +1-503-446-1141 International: +1-503-894-6022 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1-855-550-5975 email@example.com Web: https://www.alliedmarketresearch.com Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research/
ALLENWOOD, N.J., Oct. 21, 2020 (GLOBE NEWSWIRE) -- Car ownership comes with a lot of maintenance duties. With regular servicing and unexpected repairs, some cars are money guzzlers in their own right. At times, the maintenance/repair expenses tend to shoot through the ceiling and drain your pockets dry. And this is when you start looking for options outside your dealership, preferably a wholesale car part supplier, to reduce the financial strain while still managing to keep your car alive.The biggest challenge, however, is to locate a wholesale car part supplier in your area. There’s no point driving a hundred miles to procure a part for your car, and neither does it make sense to pay a lot of money towards shipping and handling.So, this is where PartsGeek truly shines.PartsGeek is an online supplier of car parts and accessories, operating since 2008. The store has the widest selection of car parts for all models and makes, delivering across the US and overseas.Here’s why you should buy from PartsGeek. There’s something for everyoneWhether you are looking for an OEM part or a replacement aftermarket part for your car, you will find it on PartsGeek.com. PartsGeek stocks millions of parts at any given point, which means availability will never be a problem.Wholesale pricesIf you drive a high-end German car that makes you run from post to pillar for cheap parts, PartsGeek is where you will find the much-needed respite.With hundreds of dollars off the sticker price, you can buy genuine or aftermarket parts for your car without having to loosen the purse strings.Prompt ShippingWhen your car breaks down, you can’t wait for days on end for your part to arrive, especially if it’s your daily. PartsGeek will ship the part on the same day of placing the order.This means you should get your part delivered as soon as possible. Also, if you don’t see the part fitting your car, you can return it within 30 days -- that’s a no-question asked warranty.Hard-to-find partsSome parts are always out of stock at the local store or they didn’t have them in the first place. If you drive one of those rare cars that give you a tough time with part availability, PartsGeek has got you covered. Don’t believe us? See it for yourself. Visit Partsgeek.com now.Contact -Company: Parts Geek, LLCContact Person: John BrownEmail: firstname.lastname@example.orgWebsite: https://www.partsgeek.com
Mediapro on Wednesday reiterated its desire to renegotiate its TV rights deal for Ligue 1 as French football reels from its decision to not make this month's scheduled payment.
"Your body is your temple and it is our responsibility to take care of it," Minnesota Lynx guard Lexie Brown said of the Body Hero campaign.
(Bloomberg) -- Bitcoin approached a high for the year after PayPal Holdings Inc. announced it will allow customers to use cryptocurrencies.The largest digital coin gained as much as 4.7% to $12,464 Wednesday, just below the high for the year of $12,473 set in August. Passing that threshold will put it near its highest point since July 2019.PayPal customers can use select cryptocurrencies including Bitcoin, Ether, Bitcoin Cash and Litecoin on the platform.Mike Novogratz, who runs Galaxy Investment Partners, on Twitter called it “the biggest news of the year in crypto,” adding that banks will embark on a race to service digital currencies. “We have crossed the rubicon,” he said.The news sparked an exuberant response from crypto fans who pointed to a string of recent announcements that suggest wider acceptance by old-school financial mainstays. Two public companies -- Square Inc. and MicroStrategy Inc. -- said recently that they invested in Bitcoin. And Fidelity Investments announced in August that it’s launching its first Bitcoin fund, adding its establishment name and star power to the often-maligned asset class.PayPal said it plans to make the features available as a funding source for purchases at its 26 million merchants worldwide and plans to expand it to Venmo soon.Dan Schulman, the firm’s president and chief executive officer, said in a statement that “the shift to digital forms of currencies is inevitable, bringing with it clear advantages in terms of financial inclusion and access; efficiency, speed and resilience of the payments system; and the ability for governments to disburse funds to citizens quickly.”The Bloomberg Galaxy Crypto Index, which tracks some of the largest digital coins, also advanced Wednesday, rising as much as 4.3%. Bitcoin Cash and Litecoin each gained at least 7%.Bitcoin’s been on a hot streak this month, rising more than 15% in October. Still, cryptocurrency use cases remain limited. Data from blockchain researcher Chainalysis Inc. last year showed hardly anyone used Bitcoin for anything beyond speculation.Partly it’s due to its wild price swings. The coin is up about 70% this year but is still around $8,000 away from its all-time high of about $20,000 set in December 2017. In March, during a coronavirus-induced selloff, it fell 31%.(Updates prices throughout; adds PayPal and Fidelity details; adds paragraphs on use cases)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.
Stocks struggled for direction as investors considered whether lawmakers would manage to pass a stimulus package sometime this week.
Libya's rival factions have agreed to maintain a lull in fighting and open internal land and air routes, the UN's envoy to the troubled North African country said Wednesday, expressing optimism about prospects for a ceasefire.
ITT Inc. (NYSE:ITT), is not the largest company out there, but it saw a decent share price growth in the teens level...
(Bloomberg) -- Avangrid Inc., the U.S. arm of Iberdrola SA, agreed to buy PNM Resources Inc. of New Mexico for $4.3 billion, strengthening the Spanish utility giant’s position as a global giant in an industry that’s being transformed.The deal -- at $50.30 per PNM share and a 10% premium -- values PNM at $8.3 billion including debt. It’s Iberdrola’s eighth acquisition since the start of the coronavirus pandemic. The company bought Infigen Energy of Australia in September.The deal will give Iberdrola a presence in the U.S. Southwest, expanding beyond Avangrid’s territory in the Northeast. It also continues a strategy by Chief Executive Officer Ignacio Galan to grow beyond the Iberian peninsula and build a business with worldwide reach in power grids and renewables plants.“Iberdrola has definitely been very interested in U.S. plain-vanilla utilities,” said Kit Konolige, utilities analyst for Bloomberg Intelligence. “This fits the Iberdrola playbook.”Avangrid shares plunged as much as 9.5% in New York, and PNM rose 9.3%.Buying PNM would will give Iberdrola 10 regulated electricity companies in six states -- New York, Connecticut, Maine, Massachusetts, New Mexico and Texas, according to the company.The deal also reflects increasing focus on the transition to cleaner energy in the U.S., driven by economics favoring wind and solar farms over coal -- despite President Donald Trump’s effort to water down environmental rules. In recent months, the renewables-focused company NextEra Energy Inc. became the world’s largest utility owner by market value and weighed an offer for power giant Duke Energy Corp.Galan was among the first in the utility business to wind down coal plants and build renewables, taking advantage of a plunge in the cost of wind turbines and government incentives to slash emissions. That’s touched off a flurry of deals to reshape the electricity industry, drawing oil majors including Royal Dutch Shell Plc and Total SA to grab a part of a business once dominated by utilities.“We have been pioneers in the energy revolution for 20 years, when everybody thought electricity couldn’t be produced with clean sources,” Galan told analysts during a results call on Wednesday. “We started our energy transition 20 years ago.”Buying SpreeOverall, this year’s buying spree has helped boost Iberdrola’s pipeline of future power projects to more than 70 gigawatts of capacity. That’s 40% more green energy than BP Plc has said it plans to have ready to go in the next decade, the most ambitious plan among European oil majors.Galan is seeking to bring Iberdrola into new markets in the most developed economies, firming up routes to build more green power projects in the coming years. He has seen the coronavirus-induced economic downturn as an opportunity to boost spending, enacting a 10 billion-euro ($11.9 billion) investment plan.PNM provides power to about 790,000 homes and businesses in Texas and New Mexico and has 2.8 gigawatts of generation capacity, according to information on its website. Like many U.S. utilities, it’s been pushing to retire coal plants and adding renewable energy, moves in step with an effort Iberdrola started pursuing almost two decades ago.Iberdrola posted positive financial results Wednesday with increases in net profit and earnings in the three months to September. The company saw a 52% rise in renewable investment in the first nine months of 2020 and has added 4.6 gigawatts of power capacity in the last 12 months.The $50.30 a share deal is a 10% premium to Tuesday’s closing price but also a 10% discount to the pre-Covid high earlier this year.Iberdrola’s shares are up almost 19% this year, making it the second-largest company in the benchmark Ibex-35 by market capitalization.PNM has received regulatory approval to more than triple its renewable-power capacity to 2 gigawatts by the end of 2022. It has set a goal to be 100% emissions free by 2040.The deal requires approval from a PNM shareholders meeting.(Updates with comment from analyst 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.
Ørsted will release its results for the first nine months and Q3 of 2020 on 28 October 2020. The results will expectedly be released at 8.00 CET. An earnings call for investors and analysts will be held at 14.00 CET on the same day.Dial in numbers for the earnings call: DK: +45 8233 3194 UK: +44 333 300 9274 US: +1 833 526 8398 The earnings call can be followed live at: https://edge.media-server.com/mmc/p/79p2v9ea Presentation slides will be available prior to the conference call: orsted.com/en/Financial-reports-and-presentations The interim report will be available for download at: orsted.com/en/Financial-reports-and-presentations For further informationMedia Relations Ulrik Frøhlke +45 99 55 95 60 email@example.comInvestor Relations Allan Bødskov Andersen +45 99 55 79 96 firstname.lastname@example.orgØrsted’s vision is to create a world that runs entirely on green energy. Ørsted develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants, and provides energy products to its customers. Ørsted ranks 1 in Corporate Knights’ 2020 index of the Global 100 most sustainable corporations in the world and is recognised on the CDP Climate Change A List as a global leader on climate action. Headquartered in Denmark, Ørsted employs 6,000 people. Ørsted’s shares are listed on Nasdaq Copenhagen (Orsted). In 2019, the company generated revenue of DKK 67.8 billion (EUR 9.1 billion). For more information on Ørsted, visit orsted.com or follow us on Facebook, LinkedIn, Instagram, and Twitter. Attachment * 21OCT2020_Company announcement_Ørsted to present first nine months results on 28 October
To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. Chris Hill: We've got the latest headlines from Wall Street, we will dig into how technology is shaping our lives, and as always, we've got a couple of stocks on our radar, but we begin with the biggest public company in America. Ron Gross: [laughs] Well, I'm going to leave 5G to Jason, because I think it's a little bit more hype than reality right now.
The "Global Computer Vision Market by Product Type, Component, Application, Vertical and Region: Industry Analysis and Forecast 2020-2026" report has been added to ResearchAndMarkets.com's offering.
Reaching the million-dollar mark by retirement age is a challenge, but it's not impossible. There are approximately 233,000 people with at least $1 million in their 401(k) accounts, according to research from Fidelity Investments. Although saving a substantial amount of money for retirement is easier if you start earlier in life, you can still retire a millionaire even if you're off to a late start.