Category: plqcvusgxxve

Why I think the Ocado share price will continue to beat Tesco in 2020

first_img I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Alan Oscroft | Tuesday, 11th February, 2020 | More on: OCDO TSCO Enter Your Email Address Ocado Group (LSE: OCDO) lost approximately 10% of its sales capacity in the Andover fire in February 2019. Yet it still grew full-year sales by 10.3%. According to results released Tuesday, Ocado reckons that makes it the fastest-growing grocer in the UK.By comparison, Tesco (LSE: TSCO) looks set to grow its revenues by less than 1% this year (judging by figures for the first nine months).5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…That’s the good news for Ocado, but there’s bad news too. The costs of the Andover fire plunged it to a pre-tax loss of £215m, worse than last year’s £44.4m loss.Ocado is still in its early growth phase, and raised new funding during the year to help drive that. A £600m convertible bond issue helped push the company’s cash total to £750m at 1 December, with £142m net cash.TechnologyWhile groceries sales are looking good, it’s really not where the focus of Ocado’s future growth lies. If it was only an online delivery outfit, I really wouldn’t be interested in the stock. And its valuation would surely be considerably lower.No, at its core, Ocado is a technology provider, and it’s been signing up customers for its platform. New ones in 2019 include Aeon, one of Asia’s largest retailers, to build a network serving Japan with an expected sales capacity of ¥1trn (approximately £7bn) by 2035. Then there’s Coles, one of Australia’s largest retailers, set to open two Customer Fulfilment Centres in Sydney and Melbourne by 2023.And finally, we have Ocado’s tie-up with Marks & Spencer. I’m not sure if that’s the best route for M&S, but I think it’s a good deal for Ocado.TraditionalGetting back to Tesco, profits are expected to grow significantly ahead of sales, with analysts predicting an EPS rise of around 25%. In fact, from a low of 4p per share in 2016, we should be seeing around 17p this year. And forecasts have that growing to 19.5p by February 2022. Without doubt, that’s a seriously impressive turnaround.But improving efficiency, lowering costs and focusing on profitability can only go so far. To win in the long run, you need to beat your competition for sales. And on that score, I’m not sure how well Tesco will do.Tesco is the UK’s biggest supermarket by market share, but Lidl and Aldi are seriously encroaching on that. According to Kantar Worldpanel, the two together now account for 13.8% of the UK market and are growing. Tesco remains steady for now with 27.3%.Fair valueTesco’s shares are on P/E multiples of around 13 to 14, with dividend yields of 3%-4%. I see that as a fair valuation, but I also see it as fully valued. I reckon Tesco should be a safe and solid investment for the next couple of decades, but with a plodding rather than sparkling share price.Meanwhile, I think the growth prospects for Ocado should see its share price pull ahead in 2020. But be aware that it’s still a risky investment. Simply click below to discover how you can take advantage of this. Why I think the Ocado share price will continue to beat Tesco in 2020 Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee.center_img Our 6 ‘Best Buys Now’ Shares “This Stock Could Be Like Buying Amazon in 1997” Alan Oscroft has no position in any of the shares mentioned. The Motley Fool UK has recommended Tesco. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Image source: Getty Images I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. See all posts by Alan Oscroftlast_img read more

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Saracens’ unblemished start gives England pause for thought

first_imgThe Champions may not be the aesthetes choice but they do the business and Eddie Jones will surely be inking in several Sarries names to his first England squad TAGS: Saracens By Adam HathawayWhen Richard Cockerill walked into the press room at Allianz Park on Saturday he jokingly asked the reporters if he could do his press duties standing up because he had just had his backside smacked by Saracens.The Leicester director of rugby is not the only one who has been on the wrong end of a hiding from Sarries this year – the 26-6 defeat of the Tigers was a 12th win on the spin for Mark McCall’s men.They are the first Premiership side to be unbeaten domestically and in Europe going into January – that stat is skewed a bit by the late start to the season but we will draw a veil over that bit. It is still a decent old run of victories.Conductor-in-chief: Owen Farrell racked up 21-points against WaspsAnd they are copping flak left, right and centre. Dai Young accused them of being boring after he had seen his Wasps side beaten 26-16 in Coventry, just after Christmas, and Cockerill himself said there was a lot to like about Saracens even if you didn’t like them.And their display against Leicester at the weekend, when they scored three penalty tries and another one from a driving maul, did not exactly endear them anyone not wearing a black and red scarf.Even Alex Sanderson, the Sarries’ forwards’ coach, said it was ‘not pretty but it was pretty effective’ in the aftermath of their win.But they have scored 24 tries in eight Premiership games, which have not all been of the kick and clap variety, and Alex Goode tried to play a bit of rugby in desperate conditions against the Tigers.Spark: Alex Goode provides a creative outlet at SarriesWhat did people expect them to do in driving rain? Chuck it about like a Fijian team in the Hong Kong Sevens or stick it up their jumpers get the bonus point and get the hell out of there?Boring Sarries? I wonder if Stuart Lancaster would like to coach an England team as boring as that and I wonder if his successor would. Eddie Jones is set to name his first squad ahead of the Six Nations on 13 January and it will be chock full of players from his old club. LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS They have been to Ulster and won twice – Ravenhill was a bear pit that night in 2014 – they beat Racing Metro away a year later and this year they’ve won at Kingsholm, Franklin’s Gardens and the Ricoh Arena. Along the way they have attracted derision from opposing fans and opposing coaching staff but they remain unperturbed. They simply get the job done.Boring winners? If Jones can pull off that trick with the national side it will do for this Englishman. Top of the tree: George Kruis takes clean ball against Leicester Goode, Jamie George, Maro Itoje, Will Fraser, the Vunipola brothers, George Kruis, Owen Farrell, Richard Wigglesworth, Brad Barritt and England’s forgotten wing, Chris Ashton will all have a right to be disappointed if they are not in the mix.Big splash: Chris Ashton’s form has led to calls for an England recallThere is a Saracens flavour to the coaching team as well with Steve Borthwick and Paul Gustard already on board and Jones having spent time there when they were at the dilapidated Vicarage Road.If England play the Saracens way would the fans who travel to Murrayfield next month for the Six Nations opener against Scotland be happy?Powerful scrum, smooth line-out and a hugely efficient kick-chase game with the ability to spread it about if the conditions allow, what’s not to like?Jones has consistently said he is only worried about getting the win north of Hadrian’s Wall before disappearing to Edinburgh airport with two points wrapped.Any Englishman who has been to Murrayfield before will know that the land of Braveheart is no place for faint hearts and I reckon most Red Rose fans would be happy for a sharp exit after a 12-6 heist in the rain, ready to prepare for the game against Italy.Sarries connection: Eddie Jones may lean on his relationship with Saracens when picking his England squadAnd if Jones wants a squad who will deliver the goods in a hostile environment he should look no further than the blokes from Barnet Copthall for the guts of his squad.last_img read more

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Hale Nukumoi Beach Retreat / Walker Warner Architects

first_img Lighting Designer: CopyAbout this officeWalker Warner ArchitectsOfficeFollow#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesHawaiiOn FacebookUnited StatesPublished on June 08, 2021Cite: “Hale Nukumoi Beach Retreat / Walker Warner Architects” 08 Jun 2021. ArchDaily. Accessed 10 Jun 2021. ISSN 0719-8884Browse the CatalogPanels / Prefabricated AssembliesTechnowoodGRP Siding Façade SystemGlassMitrexSolar GreenhouseMetal PanelsAurubisMill Finished Copper: Nordic StandardMetallicsHAVER & BOECKERArchitectural Wire Mesh – MULTI-BARRETTE 8130Enclosures / Double Skin FacadesIsland Exterior FabricatorsCurtain Wall Facade SystemsSealantsEffisusGutter Repair – TiteGutter3Aluminium CompositesSculptformAluminium Click-on BattensTiles / Mosaic / GresiteMargresPorcelain Tiles – Linea PrestigeMetallicsRHEINZINKZinc Roof Systems – Click Roll CapsTiles / Mosaic / GresiteTerrealTerracotta Cladding TileDoorsECLISSESliding Pocket Door – ECLISSE UnilateralWindowsJoskoWindows and Sliding Doors – ONE SeriesMore products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream Manufacturers: Ann Sacks, FSB, Spearhead, Arc Wood & Timbers, Cascade Coil, Maidenstone, Pacific Source, Paradise Millworks and Hardware, R.S. Weir General Contracting, RS Weir / Maui Custom Woodworks Inc. Banks Landl Lighting Design Lead Architects: Greg Warner Hale Nukumoi Beach Retreat / Walker Warner Architects Civil Engineer: 2018 “COPY” Architects: Walker Warner Architects Area Area of this architecture project Photographs Mechanical Engineer: CopyHouses•Hawaii, United States Area:  6039 m² Year Completion year of this architecture project Save this picture!© Matthew Millman+ 31Curated by Paula Pintos Share Houses Photographs:  Matthew Millman Manufacturers Brands with products used in this architecture project R.S. Weir General Contracting Projects “COPY” GFDS Engineers JPB Engineering ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/963030/hale-nukumoi-beach-retreat-walker-warner-architects Clipboard Stone Interiors Geotechnical Engineer: ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/963030/hale-nukumoi-beach-retreat-walker-warner-architects Clipboard Year:  Senior Project Manager:Thomas ClapperJob Captain:Aaron ZubeDesigner:Philip VianaLanscape Architecture:Lutsko AssociatesA/V Consultant:Tech TrendsCity:HawaiiCountry:United StatesMore SpecsLess SpecsSave this picture!© Matthew MillmanRecommended ProductsCeramicsGrespaniaWall Tiles – Wabi SabiCeramicsTerrealTerracotta Baguettes in Vork CenterStonesFranken-SchotterFlooring and Wall Tiles – Dietfurt LimestoneBlinds / Mosquito Nets / CurtainsBANDALUXConcealed Blind System – One-BoxText description provided by the architects. Hale Nukumoi is the quintessential Hawaiian beach retreat: open and casual—the opposite of fussy. Set amidst mature palm trees, the complex is ready-made for family and friends. Composed of a main house and guest house, the site features a large yard and pool, as well as beach access. An indoor/outdoor lifestyle is exemplified by the home’s airy design: large sliding doors and walls, a custom two-story rainscreen, and layered plantings balance connections to nature with privacy.Save this picture!© Matthew MillmanSave this picture!Plan – SiteSave this picture!© Matthew MillmanThe main house and adjacent guest house—both L-shaped structures—feature pigmented, board-formed concrete base structures, with dark timber cladding the upper portions. Low-pitched roofs reach out to provide deep overhangs offering semi-protected transition spaces between inside to outside.Save this picture!© Matthew MillmanThe 3,200-square-foot main house is composed of a single-story pavilion adjoining a two-story volume. The home’s entrance is on axis with the pavilion which opens up on both sides via window walls that physically and visually the house to the landscape, as well as to the pool and to the beach. The pavilion, and adjacent combination kitchen and dining areas provide ample space for gathering.Save this picture!© Matthew MillmanSave this picture!© Matthew MillmanThe kitchen is equipped to support parties and large family gatherings. Living area furnishings—large sofas and side tables—are all on wheels, enabling them to be easily rearranged or shifted to the lanai or poolside for outdoor entertaining. A connected indoor-outdoor room provides space for an outdoor bar, sitting area, and outdoor grill. Furnishings are modest and comfy, providing ship-like efficiency. Sand-colored floors and walls run through the interior, with ceilings and cabinetry clad in wood to match the ceiling beams.Save this picture!© Matthew MillmanThe two-story, 2,839-square-foot guest house features all of the functionality of the main house without duplicating spaces. Largely devoted to bedrooms, the living and kitchen areas are modest; the five bedrooms arrayed between the two floors. Upstairs, there’s also a recreation room with a pool table, bar, gym, and a covered porch. Outside, a copper mesh rain screen adds a layer of privacy on the park side of the home, while artfully helping to mitigate run-off from the roof. Sand, volcanic rock, and trees come together to establish a subdued and sophisticated palette of materials and colors respectful of the geological and cultural history of the islands.Save this picture!© Matthew MillmanProject gallerySee allShow lessPau Flagship Store / Estudio DIIRSelected ProjectsNo More Waste: 10 Ways to Incorporate the Circular Economy into an Architectural Pro…Articles Share ArchDaily Structural Engineer: United States Builder: Interior Design: Hale Nukumoi Beach Retreat / Walker Warner ArchitectsSave this projectSaveHale Nukumoi Beach Retreat / Walker Warner Architects Mark Morrison P.E. Inc. Honua Engineeringlast_img read more

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Maradona records charity record

first_img About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Howard Lake | 29 August 2002 | News  21 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Maradona records charity recordcenter_img Former Argentina footballer Maradona has recorded a charity record to raise funds for a children’s hospital in Buenos Aires.The song is called “La mano de Dios”, a reference to his notorious goal against England in the 1986 World Cup.Read “Maradona’s charity song” at Ananova. Advertisement AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThislast_img read more

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Congress Gets Word of White House Intent to Move Forward with…

first_img By Gary Truitt – Mar 21, 2013 In the letter notifying Congress of the plan to move forward with negotiations – Marantis acknowledged the difficulties of past talks with the EU. But he said the potential gains overwhelmingly justify the effort. According to Marantis – exploratory discussions with the EU and key stakeholders have boosted confidence that it will be possible to find mutually acceptable solutions on difficult issues. Previous articleHouse Passes Continuing Resolution Funding FSIS InspectorsNext articleRecord Exports of Meat and Poultry Good News for U.S. Soybean Farmers Gary Truitt Facebook Twitter Congress Gets Word of White House Intent to Move Forward with EU Trade Talks Facebook Twitter Source: NAFB News Service Home Indiana Agriculture News Congress Gets Word of White House Intent to Move Forward with EU… SHARE SHARE The White House has formally notified Congress of plans to begin trade talks with the European Union. Acting U.S. Trade Representative Demetrios Marantis says a high-standard comprehensive trade agreement with Europe will be enormously beneficial for the U.S. economy. The news has been welcomed by lawmakers and business groups. But they also say the plan to begin talks heightens the need for renewed trade promotion authority. TPA would allow the White House to submit a completed trade deal to Congress for an up-or-down vote without amendment. It would also give Congress a chance to craft negotiating objectives for trade talks.last_img read more

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POET to Develop New Ethanol Plant in Shelbyville

first_img According to Ethanol Producer Magazine, POET received approval that will allow it to proceed with the development of an 80MMgy ethanol plant approximately 5 miles northwest of Shelbyville.“Poet is thankful for the community leaders who worked to move this state-of-the-art biofuels facility forward,” said Buck Yerdon, POET Commercial Development. “This project is a big economic win for not only Shelbyville but the entire area. It creates new jobs, injects $200 million dollars into the local economy each year, and allows local farmers and residents to take part in the national effort to grow our use of clean biofuels.“Our 28 biofuel facilities are all active members of their local business communities,” Yerdon continued. “We strive to be good neighbors and help our communities grow and thrive. We know we could do that here as well, and we’re excited to be able to take the next step towards making Poet Biorefining – Shelbyville a reality. Poet will make a future announcement related to this project as developments warrant.”Source: Ethanol Producer Magazine Facebook Twitter SHARE By Eric Pfeiffer – Jul 31, 2018 SHARE POET to Develop New Ethanol Plant in Shelbyville Facebook Twitter Home Indiana Agriculture News POET to Develop New Ethanol Plant in Shelbyville Previous articleGetting Started with Cover Crops and Sonny Perdue on Trade with EU on the HAT Tuesday Morning EditionNext articleFood Banks Receive Support from ISDA Eric Pfeifferlast_img read more

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What To Do This Weekend in Pasadena

first_imgEVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy More Cool Stuff Subscribe Name (required)  Mail (required) (not be published)  Website  Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Here is our carefully culled top picks from dozens of Pasadena events – the very best things to taste, watch, listen to, and experience, all presented weekly in our e!Pasadena email newsletter: Top of the News Make a comment Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Community Newscenter_img First Heatwave Expected Next Week Uncategorized What To Do This Weekend in Pasadena Published on Thursday, February 19, 2015 | 1:39 pm 0 commentsShareShareTweetSharePin it Business News Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Your email address will not be published. Required fields are marked * Community News faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Herbeauty10 Questions To Start Conversation Way Better Than ‘How U Doing?’HerbeautyHerbeautyHerbeauty5 Things To Avoid If You Want To Have Whiter TeethHerbeautyHerbeautyHerbeautyShort On Time? 10-Minute Workouts Are Just What You NeedHerbeautyHerbeautyHerbeautyAncient Beauty Remedies From India To Swear By For Healthy SkinHerbeautyHerbeautyHerbeautyWhat Is It That Actually Makes French Women So Admirable?HerbeautyHerbeautyHerbeautyYou Can’t Go Past Our Healthy Quick RecipesHerbeautyHerbeautylast_img read more

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Sypris Wins Awards From Two High-Pressure Energy Projects

first_img Pinterest TAGS  LOUISVILLE, Ky.–(BUSINESS WIRE)–Feb 8, 2021– Sypris Technologies, Inc., a subsidiary of Sypris Solutions, Inc. (Nasdaq/GM: SYPR), announced today that it has recently received orders for its Tube Turns® D-bolt and Tool-less® specialty closures for use in high-pressure oil and gas applications, including the Anchor Field development project in the Gulf of Mexico and the planned upgrade of a natural gas pipeline system in North America. Production for both awards will begin immediately and are expected to be completed prior to year-end. Terms of the purchases were not disclosed. The Anchor Field development project is located in the Green Canyon area, approximately 140 miles off the coast of Louisiana in the Gulf of Mexico in water depths of up to 5,000 feet. The initial development of the project will require an investment of approximately $5.7 billion. Stage 1 of the Anchor Field development consists of a seven-well subsea development and semi-submersible floating production unit. First oil is anticipated in 2024. According to news sources, this will be the first-ever, high-pressure development in the deepwater gulf. The planned facility has a design capacity of 75,000 barrels of crude oil and 28 million cubic feet of natural gas per day. Sypris will provide specialty, high-pressure Tube Turns® D-bolt closures that are rated up to 4,885 psi and use Inconel Alloy 625, a nickel-based superalloy that possesses high strength properties and resistance to elevated temperatures. The Company also received an award to supply the closures for a multiple compressor system upgrade on a natural gas transmission pipeline system located in North America. The project is part of an EPA program to reduce emissions from aging equipment to help reduce the negative impact on the ozone layer. Sypris will supply specialty Tube Turns® Tool-less® closures that are 72” in diameter, weigh 11.25 tons each and are rated to a pressure of 1,200 psi. Brett Keener, General Manager of Sypris Technologies, commented, “Sypris continues to be a leader in supplying engineered products to support major energy projects around the globe. We are able to meet the demanding requirements of these type of projects by leveraging our extensive experience in engineering and manufacturing high-quality products. We are proud to be a part of enhancing energy infrastructure and contributing to environmental protection.” Sypris Technologies, Inc. is a global leader in the manufacture of custom engineered closures for high-pressure, critical applications serving the oil and gas pipeline infrastructure, hydrocarbon and petrochemical processing, and utility industry since 1927. Headquartered in Louisville, Kentucky, the Company’s products are used worldwide, and can be found in projects ranging from the Trans-Alaska Pipeline and Strategic Petroleum Reserve in the U.S. to the Tengiz Oil Field in Kazakhstan and the Bonny Island Gas Field in Nigeria. For more information about the Company, visit its Web site at www.sypris.com. Forward Looking Statements This press release contains “forward-looking” statements within the meaning of the federal securities laws. Forward-looking statements include our plans and expectations of future financial and operational performance.Such statements may relate to projections of the company’s revenue, earnings, and other financial and operational measures, our liquidity, our ability to mitigate or manage disruptions posed by COVID-19, and the impact of COVID-19 and economic conditions on our future operations, among other matters. Each forward-looking statement herein is subject to risks and uncertainties, as detailed in our most recent Form 10-K and Form 10-Q and other SEC filings. Briefly, we currently believe that such risks also include the following: the impact of COVID-19 and economic conditions on our future operations; possible public policy response to the pandemic, including legislation or restrictions that may impact our operations or supply chain; our failure to successfully complete final contract negotiations with regard to our announced contract “orders”, “wins” or “awards”; our failure to achieve additional orders for existing projects; our failure to achieve and maintain profitability on a timely basis by steadily increasing our revenues from profitable contracts with a diversified group of customers, which would cause us to continue to use existing cash resources or other assets to fund operating losses; dependence on, retention or recruitment of key employees and distribution of our human capital; the cost, quality, timeliness, efficiency and yield of our operations and capital investments, including the impact of tariffs, product recalls or related liabilities, employee training, working capital, production schedules, cycle times, scrap rates, injuries, wages, overtime costs, freight or expediting costs; disputes or litigation involving governmental, supplier, customer, employee, creditor, product liability or environmental claims; our inability to develop new or improved products or new markets for our products; cost, quality and availability of raw materials such as steel, component parts, natural gas or utilities; our reliance on a few key customers, third party vendors and sub-suppliers; unanticipated or uninsured disasters, public health crises, losses or business risks; unanticipated or uninsured product liability claims; volatility of our customers’ forecasts, scheduling demands and production levels which negatively impact our operational capacity and our effectiveness to integrate new customers or suppliers, and in turn cause increases in our inventory and working capital levels; our inability to patent or otherwise protect our inventions or other intellectual property from potential competitors; adverse impacts of new technologies or other competitive pressures which increase our costs or erode our margins; legal rights to operate, manage our work force or import and export as needed; inaccurate data about markets, customers or business conditions; or unknown risks and uncertainties. We undertake no obligation to update our forward-looking statements, except as may be required by law. View source version on businesswire.com:https://www.businesswire.com/news/home/20210208005056/en/ CONTACT: Brett H. Keener General Manager (502) 774-6271 KEYWORD: UNITED STATES NORTH AMERICA KENTUCKY INDUSTRY KEYWORD: OIL/GAS MANUFACTURING OTHER MANUFACTURING ENERGY ENGINEERING SOURCE: Sypris Technologies, Inc. Copyright Business Wire 2021. PUB: 02/08/2021 07:30 AM/DISC: 02/08/2021 07:30 AM http://www.businesswire.com/news/home/20210208005056/en Facebook By Digital AIM Web Support – February 8, 2021 WhatsApp Pinterest Facebookcenter_img Previous articleTumelo Skin Care Introduces So Sensitive! Body LotionNext articleMatterkind Expands Global Reach with Two Strategic Hires Digital AIM Web Support Sypris Wins Awards From Two High-Pressure Energy Projects Twitter Local NewsBusiness Twitter WhatsApplast_img read more

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Prosecutors drop charges against Jussie Smollett despite believing actor did it

first_imgABC News(CHICAGO) — In a stunning move, prosecutors in Chicago dropped all charges against “Empire” actor Jussie Smollett on Tuesday despite acknowleging Smollet fabricated a street attack on himself in an attempt to get a pay raise.“We stand behind the investigation and the facts revealed,” said Joe Magats, the first assistant state attorney in Illinois, who took over the case when his boss, State Attorney Kim Foxx, recused herself from the probe after it surfaced that she had been in touch with Smollett’s family.“We believe he did what he was charged with doing,” Magats said in an interview with ABC station WLS-TV in Chicago.Asked again whether he believes Smollett fabricated the incident, Magats replied, “yes.”“This was not an exoneration. To say that he was exonerated by us or anyone is not true,” he said.Magats also said that he was satisfied with Smollett forfeiting the 10 percent of a $100,000 bond that he put up, and completing community service prior to getting the charges dropped.“In return for forfeiting his bond to the City of Chicago and doing his community service, we agreed to dismiss the charges against him. He did community service for Operation PUSH.”‘An incredibly difficult time’The unanticipated development shocked Chicago, and prompted angry reactions from Mayor Rahm Emanuel and Police Superintendent Eddie Johnson, who each reiterated their belief that the incident was a hoax — with Emanuel wondering aloud, “Is there no decency in this man?”  The duo went on to accuse to ‘Empire’ actor of receiving preferential treatment by the Illinois State Attorney’s Office.Smollett appeared at an an emergency court hearing in Chicago Tuesday, where prosecutors told a judge they were dismissing the 16 charges of disorderly conduct and filing a false police report against the 36-year-old actor.Following the court hearing, Smollett publicly spoke, thanking his attorneys, friends, the citizens of Chicago and “the state of Illinois for attempting to do what is right.” “I want you to know that not for a moment was it in vain,” Smollett said outside the courtroom. “I’ve been truthful and consistent on every single level since day one. I would not be my mother’s son if I was capable of one drop of what I was accused of.”“This has been an incredibly difficult time,” he said. “Honestly, one of the worst of my entire life. But I am a man of faith and I’m a man that has knowledge of my history and I would not bring my family our lives, or the movement into a fire like this. I just wouldn’t . Now I’d like nothing more than to just get back to work and move on with my life. But make no mistake I will always continue to fight for justice, equality and betterment of marginalized people everywhere.”‘No decency?’But Emanuel and Johnson said they were sticking by the police investigation that found Smollett’s claims of being assaulted on a street in Chicago was a hoax.  “This is without a doubt a whitewash of justice,” Emanuel said at a news conference Tuesday afternoon. “There is no accountability. It is wrong, full stop.”Johnson said he was surprised to learn of the decision to drop charges against Smollett while attending a police academy graduation with Mayor Emanuel.A furious Johnson said prosecutors brokered a deal with Smollett in secrecy.“I’m sure we all know what happened this morning,” Johnson said at his press conference. “Do I think justice was served? No. What do I think justice is? I think this city is owed an apology.”“At the end of the day, it’s Mr. Smollett who committed this hoax, period,” Johnson said. “I heard that they wanted their day in court … so America could know the truth, and they chose to hide behind a secrecy of a brokered deal to circumvent the judicial system.”Johnson said that he and Emanuel only learned about the charges being dropped when it was announced publicly.“We found about it when you all did,” Johnson said of the lack of notice from the State’s Attorney Office regarding the dropped charges. “I’m sure we’ll have some conversation after this. But again at the end of the day Mr. Smollett committed this hoax.”  Emanuel noted that “a sliver” of the evidence was presented to a grand jury, which indicted Smollett. He said Smollett used race and privilege to “get off scott free” and that the actor has shown no remorse or accountability for his actions.“A person using hate crime laws that are on the books to protect people who are minorities, and you turn around and use them to advance your career?” Emmanuel said. “Is there no decency in this man?”While it was not immediately clear what prompted prosecutors to drop the charges against Smollett, a spokesperson for the Cook County State Attorney’s Office noted that the actor will forfeit a $100,000 bond.Customarily, a $100,000 bond requires that only 10 percent of it be paid in cash, so Smollett will likely forfeit $10,000 in total.Chicago Police Department spokesman Anthony Gugliemi issued a tweet on his verified account shortly after the mayor and police superintendent spoke, heralding the work of investigators and suggesting that “In our experience, innocent individuals don’t forget bond & perform community service in exchange for dropped charges.” Emanuel had earlier said that “the financial cost of $10,000 doesn’t even come close to what the city spent in terms of resources.”The spokesperson, however, said that there was no plea deal, but rather an “agreement,” and that no community service will be required of Smollett. “After reviewing all of the facts and circumstances of the case, including Mr. Smollett’s volunteer service in the community and agreement to forfeit his bond to the City of Chicago, we believe this outcome is a just disposition and appropriate resolution to this case.”Patricia Brown Holmes, one of Smollett’s lawyers, said it was not unusual for people in similar situations as Smollett to forfeit their bond. She said Smollett “voluntarily” forfeited his bond in order to expedite moving on with his career and his life.“There is no deal,” Holmes said. “The state dismissed the charges.”“We believe that it was the correct result in this case,” she said. We’re very happy for this result and we are very anxious for Jussie to get on with his career and his life, and to move forward.”Asked if she had anything to say to the Chicago Police Department, Holmes said, “We have nothing to say to the police department except to investigate charges and not try their cases in the press, but to allow matters to be investigated and allow the state to investigate and to bring charges and not to jump ahead and utilize the press to convict people before they are tried in a court of law.”Johnson was not briefed on the decision to dismiss the charges against Smollett and first learned of the decision while at a police academy graduation ceremony, the Chicago Sun-Times reported.In a joint statement earlier Tuesday, Holmes and Tina Glandian, another one of Smollett’s attorneys, said the actor’s “record has been wiped clean of the filing of this tragic complaint against him.” “Jussie was attacked by two people he was unable to identify on January 29th. He was a victim who was vilified and made to appear as a perpetrator as a result of false and inappropriate remarks made to the public causing an inappropriate rush to judgement,” the defense attorneys said. “Jussie and many others were hurt by these unfair and unwarranted actions. This entire situation is a reminder that there should never be an attempt to prove a case in the court of public opinion. That is wrong. It is a reminder that a victim, in this case Jussie, deserves dignity and respect. Dismissal of charges against the victim in this case was the only just result. In mid-Februrary, in an exclusive interview with “Good Morning America” anchor Robin Roberts, Smollett said he was heartbroken when he found out that people questioned the details of his story. He defended himself against skeptics who pointed out that it wasn’t until a follow-up interview with the police that he mentioned that the assailants yelled “MAGA Country!” at him. He also complained about erroneous reports that he had told police that the attackers were actually wearing red MAGA hats.“For me, the main thing was the idea that I somehow switched up my story, you know? And that somehow maybe I added a little extra trinket, you know, of the MAGA thing,” Smollett said. “I didn’t need to add anything like that. They called me a f—-, they called me a n—-. There’s no which way you cut it. I don’t need some MAGA hat as the cherry on top of some racist sundae.”In the ABC News interview, Smollett also confirmed reports that he was initially reluctant to contact the police or hand over his cellphone to help with the investigation.“They wanted me to give my phone to the tech for three to four hours. I’m sorry but — I’m not gonna do that,” the singer said. “Because I have private pictures and videos and numbers: my partner’s number, my family’s number, my cast mate’s number, my friends’ numbers, my private emails, my private songs, my private voice memos.” Smollett told police that on Jan. 29, he was walking on a street near his apartment around 2 a.m. when he was set upon by two men. The attackers allegedly shouted racist and homophobic slurs before hitting him, pouring “an unknown chemical substance” on him — possibly bleach — and wrapping a rope around his neck, he told detectives.In a strident statement released shortly after defense attorneys announced that the charges were dropped, Smollett’s family reiterated the actor’s innocence, and subsequent victimization by skeptics.“Our son and brother is an innocent man whose name and character has been unjustly smeared,” the family said in a statement. “Jussie is a son, a brother, a partner, a champion for human rights, and a genuine soul who would never be capable of what he was falsely accused of. He was the victim of an assault and then falsely blamed for his own attack. This morning truth has prevailed and he has been vindicated. All charges have been dismissed and his record expunged (cleared).”“The painful incidents we’ve witnessed him endure over the past 7 weeks have been heartbreaking and unjust to say the least. While many were quick to rush to judgement before hearing the actual truth, we are grateful that the truth about Jussie has come to light. We look forward to bringing the real perpetrators to justice. We thank God and our village for standing by us during this trying time.”Copyright © 2019, ABC Radio. All rights reserved.last_img read more

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first_img Comments are closed. Previous Article Next Article Related posts:No related photos. BeverlyClayton, a specialist in professional development at Gartmore InvestmentManagement, explains how an off-beat approach won over newcomers and boughttheir commitmentKeepingin touch with current legislation and ensuring that all staff receive regulartraining updates is a key issue for HR departments across the financialservices sector. Rightly,the sector is exposed to enormous scrutiny, and that examination is likely to becomeeven more intense when the Financial Services Authority receives its fullpowers later this year.Trainingour 850 staff and equipping them with the necessary skills and information toadvise on the wide range of investment products we offer at Gartmore iscritical to our reputation. Overthe past decade we have won numerous awards and our funds have consistentlyout-performed the competition. It’s a reputation we’re in no mind to surrender.Werecognise that innovation is crucial if we are to maintain this competitiveadvantage – not just across our product offering, but also in the developmentof our staff – so we are always looking for ways to improve the content of ourtraining and the way in which it is delivered. Recently we turned to e-learningprovider Wide Learning for help with this. Eachyear we take on around 100 new entrants with varying levels of knowledge offinancial products. As part of their training programme all will be invited toattend a classroom-based, two-day Introduction to Fund Management trainingcourse. Whilethis is at a basic level, we still find that some participants have a betterunderstanding of the financial markets and terminology than others. KnowledgegapCombiningtwo such groups in a classroom is not ideal; those who have a basic knowledgefeel frustrated that others are slowing them down, while those who are startingfrom scratch may feel too embarrassed to ask questions. Toaddress this we investigated ways of tackling the knowledge gap, and aftercareful research we purchased a number of Wide Learning’s interactive CD-Romsto complement our classroom-based training. TheMaking Investment Work product aims to give everyone a common knowledge levelbefore they start the classroom sessions. It has five modules, eachapproximately 40 minutes long and provides users with a basic introduction tofinance – running through assets, liabilities and risks before moving on todifferent types of investments – and introduces the associated terminology. Thecourse combines animations that you wouldn’t normally expect to see in afinancial context with a straight talking audio overlay to cut through much ofthe jargon that can all too often become a feature of the financial world.Inone scene a Bedouin trader and a pyramid are used to describe a balancedinvestment portfolio, another uses a man in a boat and a waterfall toillustrate the concept of wealth. Notonly does the juxtaposition of financial terminology on these rather surrealanimations make the learning experience enjoyable, but it also results in astrong recall as the tests at the end of each module prove.Allthe modules have been designed so that people can take them at their own pace.None are compulsory, but we hope that, by actively empowering people to takeownership of their own training, they will be more motivated and thus moreinclined to learn. The results to date have been positive.Participant’sviewMarilizeSquire has been working with Gartmore for two years, initially with IT then thecorporate communications team. InJanuary Squire transferred from the IT department to marketing and is nowresponsible for developing presentations for the client sales team. Inthis capacity she needs to have a good understanding of all Gartmore’sfinancial products.“AlthoughI had worked in banking in South Africa and had some familiarity with theterminology, I didn’t want to make any false assumptions and was keen to learneverything from scratch.“Ifound that the graphics and interactivity were helpful in giving me a goodunderstanding of the financial services industry. “Becausethe course is virtual I have been able to dip into it when it suits me, andhave successfully combined it with my scheduled formal training,” she says.Developer’sview“Wecreated the course using an instructional design process which is based in thepsychology of the student teacher relationship,” says Wide Learning’s RichardNaylor. “Oneof the criticisms of many e-learning products is that they are flat and don’tdeliver the quality of training that you’d find in a classroom.“Butour understanding of the interaction between the student and teacher means wecan make learning products which are incredibly effective on a computer. Branchinglogic, which allows the user to respond to a scenario in multiple ways, bringsthe benefits of one-on-one tuition at a fraction of the cost”.VerdictLearning is now more enjoyableWewanted a product that would demystify the financial services industry andincrease its accessibility to all our new entrants. Wide Learning’s productsmore than meet the brief – they make learning enjoyable.Atfirst we were a little concerned that some of the animations were so different tothe course material that they would become a distraction rather than an aid tolearning, but we found the opposite to be true. They created a real excitementand point of interest.  Whilewe have no current plans to replace the two-day classroom-based course withe-learning, the Making Investment Work modules have proved to be a veryeffective support for those who are new to the world of financial services.Sinceintroducing the CD-Rom we have asked Wide Learning to develop a range of othere-learning products. They are close to completing a series of modules on moneylaundering which will actually replace the class-based training we give ourstaff and, in the coming months, will be helping us to develop further onlinelearning materials which staff will be able to access over the Internet. MakingInvestment Work as one module of Gartmore Investment Management’s professionaldevelopment programmeDesigned by: Wide Learning, 8-11 Crescent, Tower Hill, London EC3N 2LY Tel: 020-7954 4000, Fax: 020-7954 4001,  www.widelearning.com Online with interestOn 1 Apr 2001 in Personnel Todaylast_img read more

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