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Securities Litigation Partner James Wilson Encourages Investors Who Suffered Losses Exceeding $300,000 In Decision Diagnostics Corp. To Contact Him Directly To Discuss Their Options New York, New York--(Newsfile Corp. - January 21, 2021) - If you suffered losses exceeding $300,000 investing in Decision Diagnostics stock or options between March 3, 2020 and December 17, 2020 and would like to discuss your legal rights, click here: www.faruqilaw.com/DECN or call Faruqi & Faruqi partner James Wilson ...
Cranbrook, British Columbia--(Newsfile Corp. - January 21, 2021) - DLP Resources (2020) Limited (TSXV: DLP) (the "Company") is pleased to announce it is changing the name of the Company (the "Name Change") to "DLP Resources Inc.". The Name Change will become effective at the opening of market trading on January 26, 2021. The symbol "DLP" remains unchanged and the CUSIP number is 23291X107. The Name Change is a necessary prerequisite to the ...
New York, New York--(Newsfile Corp. - January 21, 2021) - The following statement is being issued by Levi & Korsinsky, LLP:To: All persons or entities who purchased or otherwise acquired securities of Kandi Technologies Group, Inc. ("Kandi Technologies") (NASDAQ: KNDI) between March 15, 2019 and November 27, 2020. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Eastern District of New York. ...
The tech giant says it will remove its main search function from Australia if it passes a new law.
The TV presenter says Mr Trump went on with the conversation, believing it to be Morgan.
Jim Cramer says this time around, booming housing numbers are good news for the economy, and a bridge to recovery.
The stock market rally hit new highs Thursday on big techs like Apple, AMD and Intel, but an increasingly extended Nasdaq raises risks.
One Equity Partners Open Water I Corp. (the "Company"), a blank check company sponsored by affiliates of One Equity Partners and formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, today announced the pricing of its initial public offering of 30,000,000 units at a price of $10.00 per unit. The units will be listed on the Nasdaq Capital Market ("Nasdaq") and trade under the ticker symbol "OEPW.U" beginning January 22, 2021. Each unit consists of one share of Class A common stock of the Company and one-third of one warrant. Each whole warrant entitles the holder thereof to purchase one share of Class A common stock of the Company at a price of $11.50 per share, subject to adjustment, and only whole warrants are exercisable. Once the securities comprising the units begin separate trading, the shares of Class A common stock and warrants are expected to be listed on the Nasdaq under the symbols "OEPW" and "OEPWW," respectively.
(Bloomberg) -- Intel Corp.’s incoming Chief Executive Officer Pat Gelsinger pledged to regain the company’s lead in chip manufacturing, countering growing calls from some investors to shed that part of its business.“I am confident that the majority of our 2023 products will be manufactured internally,” he said. “At the same time, given the breadth of our portfolio, it’s likely that we will expand our use of external foundries for certain technologies and products.”He plans to provide more details after officially taking over the CEO role Feb. 15, however Gelsinger was clear that Intel is sticking with its once-mighty manufacturing operation.“We’re not just interested in closing gaps,” he told analysts on a conference call Thursday. “We’re interested in resuming that position as the unquestioned leader in process technology.”Keeping production in-house may be bad for Intel because its manufacturing technology has fallen behind Taiwan Semiconductor Manufacturing Co., which makes chips for many of Intel’s rivals. If the U.S. company can’t catch up, its products will become less competitive and it could lose sales and market share. Activist Dan Loeb has suggested the company consider spinning off its manufacturing business. Other investors have been waiting to see if Intel will outsource more production. Intel shares fell almost 5% in extended trading, giving away most of the gains made earlier on a strong earnings announcement.“Where investors are going to be disappointed is that some were expecting some sort of larger announcement of a strategic partnership with TSMC,” said Edward Jones & Co. analyst Logan Purk.TSMC recently announced capital spending of as much as $28 billion for 2021 to maintain its lead. Purk said Intel would have to increase its own spending massively to try to catch the Asian company.Gelsinger is taking the reins of a company in the midst of its worst crisis in at least a decade. It has been the largest chipmaker for most of the past 30 years, dominating the $400 billion industry by making the best designs in its own cutting-edge factories. Most other U.S. chip companies shut or sold plants and tapped other firms to make the components. Intel held out, arguing that doing both improved each side of its operations and created better semiconductors.That strategy has crumbled in recent years as Intel struggled to introduce new production techniques on time. It is now lagging behind TSMC and Samsung Electronics Co., which make chips for Intel competitors, such as Advanced Micro Devices Inc., and big Intel customers including Amazon.com Inc. and Apple Inc.AMD shares rallied in extended trading while Gelsinger discussed his goal of improving Intel’s in-house manufacturing.Intel’s quarterly results, released before the market closed on Thursday, sent the shares higher in New York earlier on Thursday. A hacker accessed sensitive information from Intel’s website, prompting the company to report the numbers earlier than planned.Revenue in the period ending in March will be about $17.5 billion, the Santa Clara, California-based company said. This excludes the memory chip division Intel is selling. Analysts were looking for $16.2 billion on average, according to data compiled by Bloomberg.Intel sees strong demand for laptops through the first half of the year, Chief Financial Officer George Davis said in an interview. Earnings in the second part of the year will partly depend on whether corporations increase spending on new hardware, he added.“The question is will we see support from enterprise,” he said. “They’ve been very quiet.”Intel’s personal computer chip division had revenue of $10.9 billion in the fourth quarter. Analysts expected $9.72 billion. Its higher-margin data center unit generated sales of $6.1 billion. Wall Street was looking for $5.37 billion.In Intel’s data center business, revenue from cloud service providers fell 15% from a year earlier. Enterprise and government sales slumped 25%. Volumes and average selling prices declined. Owners of large data centers are working their way through unused stockpiles of chips.In its PC business, Intel reported a 30% surge in laptop chip sales, even as average selling prices declined 15%.Fourth-quarter profit, excluding some items, was $1.52 a share on $20 billion of revenue, down 1% from a year earlier. Analysts had estimated $1.11 a share on revenue of $17.5 billion.Intel’s gross margin, the percentage of revenue remaining after deducting the cost of production, was 56.8%. This is a key indicator of the strength of its manufacturing and product pricing. Intel has historically delivered margins of about 60%.(Updates with analyst comment seventh paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
The couple paid themselves the sum despite heavy losses at Mrs Beckham's fashion brand.
On BNNY, the guys discuss why the Mets lost out to the Blue Jays on the George Springer sweepstakes. SNY MLB Insider Andy Martino breaks down why extending shortstop Francisco Lindor and Michael Conforto is at the top of the list which is why their pursuit of Springer slowed down. Dan Graca points out that pitchers Marcus Stroman and Noah Syndergaard will be free agents next season and the Mets want some financial flexibility if they want to keep them or pursue another arm.
Securities Litigation Partner James Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Penumbra To Contact Him Directly To Discuss Their Options New York, New York--(Newsfile Corp. - January 21, 2021) - Faruqi & Faruqi, LLP, a leading minority and certified woman-owned national securities law firm, is investigating potential claims against Penumbra, Inc. ("Penumbra" or the "Company") (NYSE: PEN) and reminds investors of the March 16, 2021 deadline to seek the role of lead plaintiff ...
Google said on Friday it will disable its search function in Australia if the government proceeds with a media code that would force it and Facebook Inc to pay local media companies for sharing their content. Australia is on course to pass laws that would make the Big Tech giants negotiate payments with local publishers and broadcasters for content. "The code's arbitration model with bias criteria presents unmanageable financial and operational risk for Google," Mel Silva, managing director for Australia and New Zealand, told a senate committee.
It appears former Detroit Lions interim coach Darrell Bevell will join Urban Meyer's staff with the Jacksonville Jaguars.
With much of Japan under a state of emergency due to a third wave of COVID-19 infections, organisers of the Tokyo Olympics will mark six months to go on Saturday with little fanfare, no fireworks and amid rapidly dwindling public support. Postponed by a year due to the pandemic, there will be no more delays for the 2020 Games, organisers have stressed, despite a recent Kyodo News survey showing 80% of people in Japan want the event either cancelled or rescheduled. On a two-day visit to Tokyo in November, IOC chief Thomas Bach expressed confidence the Olympic and Paralympic Games would go ahead but the public remains deeply concerned about hosting a gathering of some 15,000 international athletes amid a sharp rise in infections.
A collaborative investigation on gold smuggling in the Americas, developed by five journalism organizations including the Miami Herald, was awarded Thursday the prestigious Premio Gabo, the most important distinction for journalistic work in Spanish and Portuguese.
Mark Scheifele (Winnipeg Jets) with a Goal vs. Ottawa Senators, 01/21/2021
Blair House, a 19th-century row house located just across Pennsylvania Avenue from the Eisenhower Executive Office Building and steps from the White House, serves as the president's guest house.
Calamos Investments®* announced today the raising of the monthly distribution rate of five of its closed-end funds. The table below identifies the Fund, the change in distribution payment, the percentage increase from the prior distribution, and the annualized distribution rate based on the market price as of January 20, 2021. Each Fund's payable date is February 19, 2021; their record dates are February 12, 2021; and their ex-dividend dates are February 11, 2021.
President Joe Biden’s nominee for secretary of transportation, Pete Buttigieg, was headed down a smooth path to quick confirmation, pledging to senators on Thursday to work with them to carry out the administration’s ambitious agenda to rebuild the nation’s infrastructure.