Your spin, boxing, and rowing workouts will go to a whole new level with this VR headset
Your spin, boxing, and rowing workouts will go to a whole new level with this VR headset
The law firm of Kirby McInerney LLP reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Central District of California on behalf of those who acquired Ontrak, Inc. ("Ontrak" or the "Company") (NASDAQ: OTRK) securities from November 5, 2020 through February 26, 2021, inclusive (the "Class Period"). Investors have until May 3, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
The "Battery - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Power Integrations (Nasdaq: POWI) will release its first-quarter financial results after market hours on Thursday, April 29, 2021, and will host a conference call that day beginning at 1:30 p.m. Pacific time.
Macaulay Culkin and Brenda Song are parents! "We're overjoyed," the pair said in a statement to Esquire, who exclusively shared the news on Monday.
Intel CEO Pat Gelsinger called Monday for the U.S. to spend billions of dollars over the next few years as part of a "moonshot" designed to regain lost ground in semiconductor manufacturing. The goal, he said, is to see the U.S. again account for a third of global output, up from about 12% today.Why it matters: Investments made now will take several years to bear fruit, so they won't do much to ease the current semiconductor shortage, but are vital to America's long-term economic future and national security, Gelsinger told Axios on Monday.Get market news worthy of your time with Axios Markets. Subscribe for free.Driving the news: The White House met with tech leaders in a virtual summit on Monday discussing the need for investment in chip manufacturing.With demand for broad categories of chips exceeding supply, makers of everything from cars to computers and networking gear are having to slow factories and cut output. Automakers have been hit especially hard.At the very leading edge, the vast majority of chip production today is done in Taiwan, an island that remains imperiled by China's longstanding claims."I would argue the most important building block for our economic livelihood and every aspect of human life is now increasingly not in our control," Gelsinger told Axios in an interview after the White House meeting.Between the lines: Congress voiced support for investing $50 billion in chipmaking efforts as part of a recent defense spending authorization bill, but did not actually commit the funds.The global COVID-19 pandemic has accelerated digital shifts in work, education and healthcare, which Gelsinger said only increases the need for the U.S. to maintain strength in chipmaking.Gelsinger, who returned to Intel two months ago as its CEO, has been pushing a similar manufacturing focus at the company itself. While the previous leadership was set to increase reliance on outside manufacturing amid production woes, Gelsinger has launched an expensive and ambitious effort to bring Intel back to industry leadership producing chips for both itself and other companies.Yes, but: Although most of what's under discussion will take years to have an impact, Gelsinger does believe that Intel can offer some help with the current chip shortage. Per Reuters, Gelsinger believes Intel's current manufacturing plants could provide some help to carmakers over the next 6-9 months, if automotive chip designers shifted some production to Intel's plants.The big picture: Gelsinger, as well as executives from Google and elsewhere, left Monday's White House meeting encouraged by the broad support across parties and branches of government for investment in U.S. semiconductor manufacturing."We commend President Biden’s support for $50 billion in semiconductor manufacturing and research investments," Semiconductor Industry Association CEO John Neuffler said in a statement. "Funding the chip manufacturing incentives and research investments called for in the CHIPS for America Act, as President Biden’s infrastructure plan would do, will strengthen U.S. semiconductor production and innovation across the board so all sectors of our economy have the chips they need."Google CEO Sundar Pichai called it an "excellent" meeting. " We appreciate the Biden Administration’s focus on the importance of semiconductor supply to innovation across industries," Pichai said in a statement.More from Axios: Sign up to get the latest market trends with Axios Markets. Subscribe for free
A documentary about the 2002 murder of Run-DMC DJ Jason Mizell, aka Jam Master Jay, will have its streaming premiere Friday on ABC station apps before arriving on Hulu next week. Set the Record Straight: The Jam Master Jay Case will be available to stream on Friday for viewers on the eight free connected-TV apps […]
The Goodyear Tire & Rubber Company (NASDAQ: GT) announced the election of 13 members to the Board of Directors for new one-year terms at the company's virtual annual shareholder meeting today.
Former Chiefs assistant coach Britt Reid, head coach Andy Reid's son, was charged after a February crash that seriously injured a 5-year-old girl.
Charlotte, NC, April 12, 2021 (GLOBE NEWSWIRE) -- Ballantyne Strong, Inc. (NYSE American: BTN) (the “Company” or “Ballantyne Strong”) announced that portfolio company GreenFirst Forest Products Inc. (TSXV: GFP) (“GreenFirst”) has entered into a binding asset purchase agreement pursuant to which a wholly-owned subsidiary of GreenFirst has agreed to acquire a portfolio of forest and paper product assets from Rayonier A.M. Canada G.P. and Rayonier A.M. Canada Industries Inc., each a subsidiary of Rayonier Advanced Materials Inc. Based on GreenFirst’s announcement, the purchased assets include six lumber mills which are located in Chapleau, Cochrane, Hearst and Kapuskasing in Ontario, and in Béarn and La Sarre in Québec, as well as one newsprint mill located in Kapuskasing, Ontario. The purchased assets have an annual production capacity of 755 MMFbm and are capable of producing a wide range of forest products used in residential and commercial construction, including SPF lumber, wood chips and by-products. The newsprint mill has an annual production capacity of 205,000 MT/year. Collectively, the purchased assets rank as a top ten producer of lumber in Canada, based on recent publicly available industry rankings. GreenFirst also announced that it intends to file a prospectus to conduct a backstopped rights offering to finance a portion of the purchase price for the purchased assets. GreenFirst intends to issue three rights for each of its outstanding shares of common stock with each right being exercisable, at a subscription price of Can$1.50. Ballantyne Strong current holds approximately 7.0 million common shares in GreenFirst, which would be expected to result in the receipt of approximately 21.1 million rights under the proposed rights offering. In connection with the backstop, Ballantyne Strong entered into a commitment letter with GreenFirst agreeing to exercise a minimum of approximately US$1.6 million in the contemplated rights offering. Details of the transaction are available on the GreenFirst Forest Products Inc. press release issued this morning and available here. Mark Roberson, Chief Executive Officer of Ballantyne Strong, commented, “We are very pleased with the progress that GreenFirst is making driving its growth strategy. This is a transformative acquisition that will make GreenFirst a top ten lumber producer in Canada, and we are excited about GreenFirst’s future as it expands its focused Canadian timber strategy. Prior to this transaction, Ballantyne Strong had an approximate $17 million unrealized gain on our investment in GreenFirst, and we look forward to continuing to participate in GreenFirst’s growth.” Kyle Cerminara, Chairman of Ballantyne Strong, commented, “This is a historic transaction for our strategic investment in GreenFirst. We believe this transaction will greatly enhance the value of our strategic investments and we look forward to benefiting from both cyclical and secular tailwinds in the forest products industry. We could not be more pleased with the developments at GreenFirst over the last 12 months.” About Ballantyne Strong, Inc. Ballantyne Strong, Inc. (www.ballantynestrong.com) is a diversified holding company with operations and investments across a broad range of industries. The Company’s Strong Entertainment segment includes the largest premium screen supplier in the U.S. and also provides technical support services and other related products and services to the cinema exhibition industry, theme parks and other entertainment-related markets. Ballantyne Strong holds a $13 million preferred investment along with Google Ventures in privately held Firefly Systems, Inc., which is rolling out a digital mobile advertising network on rideshare and taxi fleets. Finally, the Company holds a 30% ownership position in GreenFirst Forest Products Inc. (TSX: GFP) which has recently completed an investment in a sawmill and related assets and a 21% ownership position in FG Financial Group, Inc. (Nasdaq: FGF) which is implementing business plans to operate as a diversified insurance, reinsurance and investment management holding company. Forward-Looking Statements Except for the historical information in this press release, it includes forward-looking statements which involve a number of risks and uncertainties, including but not limited to those discussed in the “Risk Factors” section contained in Item 1A in our Annual Report on Form 10-K for the year ended December 31, 2020, filed with the Securities and Exchange Commission (“SEC”) on March 10, 2021, the Company’s subsequent filings with the SEC, and the following risks and uncertainties: the negative impact that the COVID-19 pandemic has already had, and may continue to have, on the Company’s business and financial condition; the Company’s ability to maintain and expand its revenue streams to compensate for the lower demand for the Company’s digital cinema products and installation services; potential interruptions of supplier relationships or higher prices charged by suppliers; the Company’s ability to successfully compete and introduce enhancements and new features that achieve market acceptance and that keep pace with technological developments; the Company’s ability to successfully execute its capital allocation strategy or achieve the returns it expects from these investments; the Company’s ability to maintain its brand and reputation and retain or replace its significant customers; challenges associated with the Company’s long sales cycles; the impact of a challenging global economic environment or a downturn in the markets (such as the current economic disruption and market volatility generated by the ongoing COVID-19 pandemic); economic and political risks of selling products in foreign countries (including tariffs); risks of non-compliance with U.S. and foreign laws and regulations, potential sales tax collections and claims for uncollected amounts; cybersecurity risks and risks of damage and interruptions of information technology systems; the Company’s ability to retain key members of management and successfully integrate new executives; the Company’s ability to complete acquisitions, strategic investments, entry into new lines of business, divestitures, mergers or other transactions on acceptable terms, or at all; the impact of the COVID-19 pandemic on the companies in which the Company holds investments; the Company’s ability to utilize or assert its intellectual property rights, the impact of natural disasters and other catastrophic events (such as the ongoing COVID-19 pandemic); the adequacy of insurance; the impact of having a controlling stockholder and vulnerability to fluctuation in the Company’s stock price. Statements in this press release relating to GreenFirst’s planned acquisition and rights offering were made based upon public announcements by GreenFirst; therefore, the Company cannot confirm the accuracy of such statements or the likelihood of the consummation of the asset purchase transaction and the planned rights offering. Given the risks and uncertainties, readers should not place undue reliance on any forward-looking statement and should recognize that the statements are predictions of future results which may not occur as anticipated. Many of the risks listed above have been, and may further be, exacerbated by the ongoing COVID-19 pandemic, its impact on the cinema and entertainment industry, and the worsening economic environment. Actual results could differ materially from those anticipated in the forward-looking statements and from historical results, due to the risks and uncertainties described herein, as well as others not now anticipated. New risk factors emerge from time to time and it is not possible for management to predict all such risk factors, nor can it assess the impact of all such factors on the Company’s business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Except where required by law, the Company assumes no obligation to update, withdraw or revise any forward-looking statements to reflect actual results or changes in factors or assumptions affecting such forward-looking statements. For Investor Relations Inquiries: Mark RobersonJohn Nesbett / Jennifer BelodeauBallantyne Strong, Inc. - Chief Executive OfficerIMS Investor Relations704-994-8279203-972-9200IR@email@example.com
Prosecutors trying a white former Minneapolis police officer in George Floyd’s death put one of Floyd’s brothers on the witness stand Monday in a further effort to humanize him for the jury and counter the defense narrative that Floyd was at least partially responsible for his own death due to his use of illegal drugs. Philonise Floyd, who has frequently occupied the Floyd family's sole seat in the socially distanced courtroom, was allowed to testify under a legal doctrine called “spark of life.” The defense didn't use Philonise Floyd's appearance to discuss George Floyd's drug use.
Shoppers love how fast the buds charge up — and they're waterproof too.
Conor McGregor has told Dustin Poirier their trilogy fight scheduled for the summer is off after an exchange of slurs on Twitter. Piorior beat McGregor at UFC 257 in January, and they were set to fight for a third time on 10 July after the pair claimed they had signed a contract. Poirier had accused McGregor of failing to deliver on his promise to donate to The Good Fight Foundation, with the UFC lightweights involved in a tense Twitter exchange.
CIBC (TSX: CM) (NYSE: CM) today announced a domestic public offering of $1.0 billion of 1.96% Debentures due April 21, 2031 (Non-Viability Contingent Capital (NVCC)) (subordinated indebtedness). The Debentures will be issued in Canada and sold through a dealer syndicate led by CIBC Capital Markets.
A game between the New York Mets and Philadelphia Phillies has been postponed due to rain and rescheduled as part of a doubleheader for Tuesday. The rainout follows a miscue by the Mets ballpark operations staff, which pushed ahead with a game against Miami on Sunday afternoon, only to have umpires waive the teams off the field seven minutes later — home teams make decisions regarding delays before games start, but once they're under way, that power transfers to the umpires. Marcus Stroman started that game for New York and threw just nine pitches.
Arrested Development alum Michael Cera is headed back to TV for his first series-regular role since the aforementioned Fox/Netflix cult fave. The actor has joined Amy Schumer in the forthcoming Hulu comedy Life & Beth, our sister site Variety reports. Schumer will write, direct, executive-produce and star as Beth, a wine distributor whose life looks […]
Following his death this past Friday, DMX’s fiancée paid tribute to the late rapper by getting a tattoo of an 'X' beneath the words 'Dog Love.'
As NFL free agency rolls on and top players get cut and sign new deals, we're updating this page with all the latest moves.
SOUTHWESTERN ENERGY SCHEDULES FIRST QUARTER CONFERENCE CALL FOR APRIL 30, 2021
Vancouver, British Columbia--(Newsfile Corp. - April 12, 2021) - Daura Capital Corp. (TSXV: DUR.P) (the "Company" or "Daura"), a capital pool company under the policies of the TSX Venture Exchange (the "TSXV"), is pleased to announce that the TSXV has conditionally approved the Company's proposed qualifying transaction (the "Qualifying Transaction") with Estrella Gold S.A.C. ("Estrella") and the shareholders of Estrella (the "Estrella Shareholders") as more particularly described in the Company's news release dated March ...
On Monday, Joint got an upgrade for its IBD SmartSelect Composite Rating from 94 to 96. The national franchisor of low-cost chiropractic clinics operates 74 clinics as of Apr. 1, 2021. Joint stock currently sports 97 Relative Strength Rating.