Monthly Archives: June 2022

What Jabari Walker brings to the Portland Trail Blazers

When Tad Boyle decided to offer Jabari Walker a scholarship to play basketball in Colorado, he was doing it — he’s not afraid to admit it now — mostly on a whim. Walker was not a highly touted prospect. He was a three-star winger with no clear position, a scrawny …

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What is the outlook for the price of gold as markets shift from inflation to recession fears?

(Kitco News) Gold’s volatility has been relatively low compared to other assets as the precious metal retains its “soft bull market” status and is trading comfortably between $1,800 and $1,900 an ounce. But don’t expect the price of gold to rise until confidence returns to the market, …

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Chimerix Announces $9.3 Million International TEMBEXA

DURHAM, North Carolina, June 23, 2022 (GLOBE NEWSWIRE) — Chimerix (NASDAQ: CMRX), a biopharmaceutical company whose mission is to develop medicines that significantly improve and extend the lives of patients facing life-threatening diseases, today announced a $9.3 million deal to procure TEMBEXA® (brincidofovir) with a third party outside of North …

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Crypto Crash: Could Bitcoin Fall Below Zero Like What Happened With Oil?

One of the more bullish arguments before the recent cryptocurrency market crash was that bitcoin (BTC) had never tested a previous cycle’s all-time high before a halving event. And then this time it fell below $19,000, the pre-halving high of 2020. While the incident sparked existential fear of a total …

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Uddhav cancels meeting with Sena MPs and will speak shortly amid resignation buzz

Read more attended the weekly cabinet meeting virtually. Meanwhile, Maharashtra Governor Bhagat Singh Koshyari was admitted to a hospital in Mumbai today with Covid-like symptoms. Shiv Sena rebel leader Eknath Shinde had requested time from the 80-year-old Maharashtra governor to meet at the Raj Bhavan while he was camping with …

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“It’s not really the time to back down”

“I don’t think I’m going to say that the economic outlook for many developed markets is not very positive,” he added.With rising inflation, tight labor, tight supply chains and the Federal Reserve raising interest rates, General Mills CEO Jeff Harmening told dbAccess last week. Global Consumer Conference. But, he added, …

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Gear4music fiscal year earnings slip amid Covid-fueled outperformance

Musical equipment retailer Gear4music said on Tuesday that revenues and profits fell in the twelve months to March 31 as Covid-fueled benchmarks proved too difficult to match. Gear4music reported a 6% drop in year-on-year revenue to £147.6m, an 11% drop in gross profit to £41.1m and a contraction of 150 …

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The Mercedes-Benz GLC is packed with technology

WHETHER your car is big or small, SUV (sport utility vehicle) design dominates trends among automakers around the world. According to its manufacturer, the new Mercedes-Benz GLC is its “most dynamic” model to date in its “family” of SUVs. The new GLC sets the stage for cars rolling off the …

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US Dollar Index faces barricades around 104.70 on higher recession fears, US PMI in focus

The DXY is seeing hurdles around 104.70 as a recession looks likely on the hawkish Fed. The US economy could return to an inflation rate of 2% within two years. An underperformance is expected from the US economy on the PMI front this week. The US Dollar Index (DXY) is …

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Why Crypto Prices Crashed on Saturday

What happened After a terrible week for cryptocurrencies, the weekend is not starting off on the right foot either. Fear that the fallout from the potential collapse of the Celsius Network and Three Arrows Capital, which have faced challenges all week, will continue. it doesn’t help that Bitcoin (CRYPTO: BTC) …

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Covid loans, the billionaire… and Starling, the very fast-growing bank | fintech

Aboard his 92ft yacht in the Bahamas in June 2015, reclusive Austrian-born billionaire Harald McPike was investigating a new money-making opportunity. Decades after apparently making his first fortune at blackjack, the player-turned-investor had set his sights on Britain’s booming fintech market and invited Starling Bank founder Anne Boden on board. …

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Dash to Trash for recession protection

IOver the past few weeks, recession speculation has intensified, and as a result, more and more analysts and pundits are coming up with stock fund and exchange-traded fund ideas that could prove sustainable if economic contraction sets in. Predictably, many stock-based, recession-damping ideas are defensive. Consider sectors such as consumer …

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Interim report – Q2 2021/22

Roblon announces a turnover and a result above expectations for the first semester from 2021/22 and adjusts expectations for the whole yearInterim report – H1 2021/22 (the period from November 1, 2021 to April 30, 2022) Highlights of the Roblon Group Interim Report:As expected, the Group was negatively impacted by …

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Elon Musk hints at crypto plans in first Twitter meeting

Key points to remember Elon Musk held a meeting with Twitter employees today to discuss the social network’s plans after its takeover. Specifically, he discussed plans regarding the addition of crypto payments and plans to eliminate crypto scams. The takeover has not been finalized, but Twitter is providing Musk with …

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Man defends his home against inmates who escaped from Bear Creek camp – Clearwater Times

Clearwater volunteer firefighters Chance Breckenridge, left, and Andrew Matusky take the front row seats as Big Bike prepares to set off on a trip from Dragonfly Water Park. This image originally appeared in the June 15, 2017 issue of The Times. 30 YEARS AGO: Man …

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Even the Fed is no longer sure it can avoid a recession

This afternoon, monetary policy nerds like me watched as Silver Fox itself explained the Fed’s thinking behind its decision to raise interest rates by three-quarters of a percentage point – the rate measure the most aggressive the bank has taken since 1994. Let me summarize the comments of Fed Chairman …

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Spotify has a plan to increase margins, will it work?

What a difference six months makes. At the top of the year, every time you’ve heard Spotify (PLACE) – Get the Spotify Technology SA report Podcaster Joe Rogan’s name was not far behind. Spending $200 million on the world’s most popular podcaster can do that for a brand. Rogan, who …

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EXCLUSIVE: Autonomy Network Unveils DeFi Tool to Onboard Institutional Investors to Web3

Automatic coveragethe new tool proposed by Network Autonomyserves as a decentralized application designed for liquidity providers to maximize their earnings, protecting against volatility. What happened: On June 15, Autonomy Network introduced AutoHedge, a Web3 product that works to produce neutral delta positions, leveraging the Autonomy protocol. AutoHedge works by using …

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Calvin Harris reveals why Andy Robertson and Roberto Firmino ‘freaked out’ on Liverpool bus tour and describes it as ‘the best gig of my life’

Global music superstar Calvin Harris has revealed all about his bus tour with the Liverpool squad, describing it as “the most unreal experience of my life”. An estimated 500,000 Reds fans turned out to welcome their side home less than 24 hours after the loss to Real Madrid in the …

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Warning of ‘earnings recession’ as markets await aggressive central bank action

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City on June 13, 2022. Brendan McDermid | Reuters Global stock markets diverged on Tuesday after a global selloff in the previous session as analysts weighed the longevity of the bear market and the …

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Digital Turbine, Inc. Investor – GuruFocus.com

Investors can Contact the toll-free law firm to learn more about recovering their losses LOS ANGELES, May 24, 2022 (GLOBE NEWSWIRE) — The law firm Portnoy advises investors in Digital Turbine, Inc. (“Digital Turbine” or the “Company”) (APPS) that the firm has opened an investigation into securities fraud and may …

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The Luxury Asset Club (TLAC) set to revolutionize the NFT space with its Meta-Raffle

(Photo: Luxury Asset Club (TLAC)) According to a report published on business threadthe NFT market will reach over $211 billion by 2030. The report explains that the market will grow at a compound annual growth rate (CAGR) of 33.9% from 2022 to 2030. With the growing potential of the NFT …

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Confused about the economy? Here’s what you need to know

“When do you think they’re going to announce we’re going into a recession?” the rapper tweeted this week. We wish we had known the answer, Cardi. After all, recession forecasting has become the national pastime of economists, market analysts, politicians and pundits around the world. Indeed, prices of just about …

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BorgWarner: Long-term potential with short-term headwinds

Investment thesis On Investor Day 2021, BorgWarner Inc. (NYSE: BWA) outlined its strategy to strengthen its electric vehicle portfolio and increase its revenue mix to approximately 45% from electric vehicles by 2030. The company expects the total addressable market for light electric vehicle (LV) products to more than triple in …

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Business Liquidation Services Market Size and Forecast to 2029

Los Angeles, USA,-The research study presented here is an excellent compilation of various types of analysis of significant aspects of the global Business Liquidation Services market. Through devilishly researched analysis and Porter’s Five Forces Analysis, it provides an in-depth explanation of the strengths and weaknesses of the global Business Liquidation …

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Probable lineups, predictions, tactics, team news and key stats

Wales resume their UEFA Nations League campaign with a home game against Belgium on Saturday, having suffered back-to-back defeats in Group A4. The 2022/23 UEFA Nations League reaches the halfway point this weekend. Wales take on Belgium this Saturday at the Cardiff City Stadium in a must-play fixture for the …

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Inflation and recession fears

European and US stocks fell yesterday and futures suggest a bearish start in Europe. Inflation and recession fears are taking over, after the European Central Bank (ECB) dramatically raised inflation from 5.1% to 6.8% for this year, and cut growth forecasts, also significantly meaningful, for this year and next. The …

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Mergers and Acquisitions and Election to Treat the Acquisition of Shares as an Acquisition of Assets

The Internal Revenue Code allows buyers and sellers of shares of an S corporation to make a Section 338(h)(10) election to have a qualifying stock purchase treated as a deemed asset purchase for federal income tax purposes. A 338(h)(10) election is a joint election that requires an agreement between all …

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Committee approves more than two dozen food contact RPET applications

Recycling technologies from Erema, NGR, Polymetrix, Starlinger and others have recently been approved to produce RPET for 100% recycled food and beverage packaging. | Ho Su A Bi/Shutterstock A food safety panel has approved applications from Indorama Ventures, Veolia, Coca-Cola Hellenic, NOVAPET and other plastic waste pickers to recycle PET …

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Britain ‘on the brink of recession’ as Covid recovery stalls

Britain is on the brink of recession as soaring prices, tax hikes and labor shortages derail the Covid recovery and bring the economy to a halt, the Organization for Economic Co-operation and Development has warned (OECD). Families will be forced to dip into their savings or take on more debt …

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Better than expected results for Capri in Q4 2022

House New Recent news Worldwide Published: June 07, 2022 1 credit The fashion group, which owns luxury brands such as Versace, Michael Kors and Jimmy Choo, has released its fourth quarter 2022 financial results. In the fourth quarter of fiscal 2022, Capri Holdings achieved revenue growth of 24.6% to total …

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Futu Q1 results: why is the stock soaring today? (NASDAQ:FUTU)

damircudic/E+ via Getty Images Future Holdings (NASDAQ: FUTU) soared after posting strong quarterly results. This gain is not a victory for investors seeking capital gains by holding and accumulating discounted stocks. Readers will correctly say that in September 2021, FUTU stock failed to burst. Investors watching the macroeconomic headwinds will …

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H&E Equipment: Recent Performance Indicates Upside Potential

alvarez/E+ via Getty Images Whether for personal or professional use, it is often better to rent equipment than to buy it. In addition to the tax implications, you also have the fact that certain equipment is not needed on a regularly. So, instead of incurring a high cost to buy …

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Arguments in favor of closing or selling VIA Rail

Investment managers and investors should often ask themselves: If I didn’t already own this stock, would I buy it today? By any standard, Via Rail, a federal crown corporation, is not a good investment, even under unrealistic assumptions. The federal government should rigorously scrutinize this designated charitable “business” and then …

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Coming Recession – Right After This New Bull Stock Market

New York City with rainbow in front of a distant storm Getty Wall Street is over 6 months ahead, and she likes what she sees. The proof is in the behavior of the stock market: a choppy, rising foundation. Why restless? Because we are in the midst of the negative …

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How close are we to the end of bitcoin [BTC] slow consolidation phase

How close are we to the end of bitcoin [BTC] slow consolidation phase

Disclaimer: The information presented does not constitute financial, investment, trading or other advice and reflects the opinion of the author only. Bitcoin for almost the last month has been consolidating in a very limited range, roughly between $28,000 and $31,000. The tragic downfall that followed the Terra UST disintegration fiasco …

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Prime Minister inaugurates Hajj 2022 program

Prime Minister Sheikh Hasina inaugurated the Hajj-2022 (1443 Hijri) program today. She also urged everyone to respect the dignity of Islam, the religion of peace. “Islam is a very peaceful and holy religion, which is the best religion, so it is the duty of all of us to maintain its …

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Why some are more likely to fail than others

Stablecoins have been in the news lately. In this article, Diego Vera of Buda.com explains the different types of stablecoins and why some are more likely to fail than others. In May, we saw the collapse of the Terra Protocol. It included the LUNA and UST cryptocurrencies. The collapse has …

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Longwood Gardens in Pennsylvania to get a $250 million makeover

Longwood Gardens, an approximately 1,100-acre botanical garden in Pennsylvania’s Brandywine Valley, recently announced plans to transform its core conservatory area. On 17 acres, the $250 million project will include expanded gardens and public spaces as well as new buildings. Dubbed Longwood Reinvented: A New Garden Experience, the project grew out …

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With the threat of recession, the lipstick effect kicks in and lipstick sales increase

“Give a woman the right lipstick and she can take on the world,” said Lipstick Queen Poppy King. Getty In the beauty industry, the Lipstick Effect, also called the Lipstick Index, is considered the main economic indicator for the category. The concept is that in times of recession and other …

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