Deandre Ayton (Phoenix Suns) with an alley oop vs the Cleveland Cavaliers, 05/04/2021
Deandre Ayton (Phoenix Suns) with an alley oop vs the Cleveland Cavaliers, 05/04/2021
As a candidate, President Joe Biden promised to protect those often described as “dreamers,” brought to the U.S. illegally as children, and their families by reinstating an Obama-era policy that protected them from deportation. Biden is scheduled to meet Friday with six immigrants who benefited from the program. The Oval Office meeting comes as Biden looks to press Congress to pass legislation codifying the Deferred Action for Childhood Arrivals program that then-President Barack Obama instituted by executive action in 2012, providing limited protections for immigrants brought to the U.S. illegally as children.
New Delhi [India], May 14 (ANI): President Ram Nath Kovind on Friday extended wishes on the occasion of Eid-ul-Fitr and said that the festival is an occasion to strengthen the spirit of fraternity and rededicate ourselves to the service of humanity.
Two groups of young men exchanged gunfire Thursday evening in a shooting that injured as many as nine people in Rhode Island’s capital, police said.
SALT LAKE CITY, May 14, 2021 (GLOBE NEWSWIRE) -- In a release issued earlier today by omniQ Corp. (OTCQB: OMQS), please note that the date in the headline should read "Q1 2021" instead of "Q1 2020". The corrected release follows: OMNIQ Announces Q1 2021 Revenue increased 43% YoY to $19.8 Million; 100% Growth in AI-Based Technology Contracts Subsequent to quarter end, OMNIQ announced a definitive agreement to acquire technology leader, Dangot Computers Ltd., creating a combined $91 Million Revenue provider of automation and object identification solutions, positioned to drive increased adoption of OMNIQ's AI Based Offerings OMNIQ Corp. (OTCQB: OMQS) (“OMNIQ” or “the Company”), a provider of Supply Chain and Artificial Intelligence (AI)-based solutions, today announced its financial results for the three month period ended March 31, 2021. Select Q1 2021 and recent highlights include: Subsequent to quarter end, OMNIQ announced a definitive agreement to acquire technology leader, Dangot Computers Ltd., creating a combined $91 Million Revenue provider of automation and object identification solutions, positioned to drive increased adoption of OMNIQ's AI Based OfferingsQ1 Sales of $19.8 million Increased 43% YoYSales Orders from Artificial Intelligence (AI) Based Technology grew 100% in Q1 2021Secured a $6.8 Million Purchase Agreement from a leading specialty retailerReceived a $6.1 Million Purchase Agreement from Leading U.S. Food DistributorWon an AI based homeland security project for terror prevention in a sensitive area in the middle east.AI Based Vehicle Recognition Systems Selected for Urban Traffic Management and Regulation Enforcement Projects Shai Lustgarten, CEO of OMNIQ, “2021 is off to a great start. Last week we announced a definitive agreement to acquire Dangot, forming a combined $91 Million revenue automation and object identification solutions powerhouse, well placed to drive increased sales of our AI based offerings.” “We also recorded a strong first quarter on an organic basis” said Shai Lustgarten, CEO of OMNIQ. “Revenue increased 43% to nearly $20 million and AI based technology contracts grew 100% year over year. As we add new AI based projects, book repeat supply chain sales, in higher volumes, from our Fortune 500 customers, and cross-sell AI-based solutions to our supply chain customers, and now to Dangot customers, we expect rapid growth to continue. ” First Quarter 2020 Financial Results OMNIQ reported revenue of $19.8 million for the quarter ended March 31, 2021, an increase of 43% from $13.8 million in the first quarter of 2020. The revenue increase reflects higher demand from certain customers during the quarter as well as continued traction in our markets. Total operating expenses for the quarter were $5.5 million, compared with $5.1 million in the first quarter of 2020. Net loss for the quarter was $3.3 million, or a loss of $.70 per basic share, compared with a loss of $2.9 million, or a loss of $.74 per basic share, for the first quarter of last year. Adjusted EBITDA (adjusted Earnings Before Interest, Taxes, Depreciation and Amortization) for the first quarter of 2020 amounted to a loss of $1.2 million compared with an adjusted EBITDA loss of $834 thousand in the first quarter of 2020. After fully paying off its $5.0 million credit line, cash was $2.7 million for the period ended March 31, 2021. Financial tables follow. OMNIQ CORP.CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS For the three months ended 31-Mar (In thousands, except share and per share data) 2021 2020 Revenues Total Revenues $19,751 $13,799 Cost of goods sold Cost of goods sold 17,115 10,763 Gross profit 2,636 3,036 Operating expenses Research and development 494 386 Selling, general and administrative 4,438 4,137 Depreciation 43 47 Amortization 525 502 Total operating expenses 5,500 5,072 Income (loss) from operations (2,864) (2,036) Other income (expenses): Interest expense (589) (795)Other (expenses) income 110 (42)Total other expenses (479) (837) Net loss before Income Taxes (3,343) (2,873) Provision for Income Taxes Current - - Total Provision for Income Taxes - - Net loss attributable to OMNIQ Corp. $(3,343) $(2,873)Less: Preferred stock – Series C dividend (31) (72)Net loss attributable to the common stockholders $(3,374) $(2,945)Foreign currency translation adjustment 105 - Other comprehensive income (loss) (3,269) (2,945) Net loss per share - basic $(0.70) $(0.74) Net loss per share from continuing operations - basic $(0.70) $(0.74)Weighted average number of common shares outstanding - basic 4,700,737 3,984,006 OMNIQ CORP.CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands, except share and per share data) As of 31-Mar-21 31-Dec-20 ASSETS Current assets Cash and cash equivalents $2,669 $4,594 Accounts receivable, net 11,428 9,661 Inventory 2,347 1,507 Prepaid expenses 634 670 Other current assets 12 10 Total current assets 17,090 $16,442 Property and equipment, net of accumulated depreciation of $642 and $600, respectively 248 289 Goodwill 14,695 14,695 Trade name, net of accumulated amortization of $3,464 and $3,362, respectively 927 1,028 Customer relationships, net of accumulated amortization of $8,456 and $8,111, respectively 4,133 4,479 Other intangibles, net of accumulated amortization of $415 and $382, respectively 1,008 1,042 Restricted Cash - 533 Right of use lease asset 69 76 Other assets 42 74 Total assets $38,212 $38,658 LIABILITIES AND STOCKHOLDERS’ EQUITY Current liabilities Accounts payable and accrued liabilities $34,074 $26,811 Line of credit - 4,914 Accrued payroll and sales tax 1,364 1,717 Notes payable, related parties – current portion 390 433 Notes payable – current portion 6,449 6,449 Lease liability – current portion 32 31 Other current liabilities 1,380 1,412 Total current liabilities 43,689 41,767 Long term liabilities Notes payable, related party, less current portion 585 683 Accrued interest and accrued liabilities, related party 59 56 Notes payable, less current portion - 1 Lease liability 40 48 Other long-term liabilities 1,178 1,146 Total liabilities 45,551 43,701 Stockholders’ equity (deficit) Series A Preferred stock; $0.001 par value; 1,000,000 shares designated, 0 shares issued and outstanding - - Series B Preferred stock; $0.001 par value; 1 share designated, 0 shares issued and outstanding - - Series C Preferred stock; $0.001 par value; 5,000,000 shares designated, 2,145,030 shares issued and outstanding, respectively 2 2 Common stock; $0.001 par value; 15,000,000 shares authorized; 4,716,218 and 4,684,736 shares issued and outstanding, respectively. 5 5 Additional paid-in capital 52,819 51,842 Accumulated (deficit) (60,104) (56,726)Accumulated other comprehensive loss (61) (166)Total stockholders’ equity (deficit) (7,339) (5,043)Total liabilities and stockholders’ equity (deficit) $38,212 $38,658 OMNIQ Corp.RECONCILIATION OF GAAP MEASURES TO NON-GAAP MEASURES Three months ended(In thousands) March 31,Adjusted EBITDA Calculation 2021 2020 Net loss (3343) (2873)Depreciation & amortization 566 548 Interest expense 589 795 Income taxes - - Stock compensation 1107 544 Nonrecurring loss events (110) 153 Adjusted EBITDA (1191) (833) Total revenues, net 19751 13,799 Adjusted EBITDA as a % of total revenues, net (6.03)% (6.04) Conference Call Information To participate in this event, dial approximately 5 to 10 minutes before the beginning of the call. Date, Time: May 14, 2021, at 11:00am ET Toll-Free: 877-407-9210 International: 201-689-8049 Live Webcast: https://www.webcaster4.com/Webcast/Page/2310/41133 Conference Call Replay Information Toll-Free: 877-481-4010 Reference ID: 41133 About OMNIQ Corp. OMNIQ Corp. (OTCQB: OMQS) provides computerized and machine vision image processing solutions that use patented and proprietary AI technology to deliver data collection, real-time surveillance and monitoring for supply chain management, homeland security, public safety, traffic & parking management and access control applications. The technology and services provided by the Company help clients move people, assets and data safely and securely through airports, warehouses, schools, national borders, and many other applications and environments. OMNIQ’s customers include government agencies and leading Fortune 500 companies from several sectors, including manufacturing, retail, distribution, food and beverage, transportation and logistics, healthcare, and oil, gas, and chemicals. Since 2014, annual revenues have grown to more than $50 million from clients in the USA and abroad. The Company currently addresses several billion-dollar markets, including the Global Safe City market, forecast to grow to $29 billion by 2022, and the Ticketless Safe Parking market, forecast to grow to $5.2 billion by 2023. For more information, visit www.omniq.com. Information about Forward-Looking Statements “Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995. Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. This release contains “forward-looking statements” that include information relating to future events and future financial and operating performance. The words “anticipate”, “may,” “would,” “will,” “expect,” “estimate,” “can,” “believe,” “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management’s good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for the Company’s products particularly during the current health crisis, the introduction of new products, the Company’s ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company’s liquidity and financial strength to support its growth, the Company’s ability to manage credit and debt structures from vendors, debt holders and secured lenders, the Company’s ability to successfully integrate its acquisitions, and other information that may be detailed from time-to-time in OMNIQ Corp.’s filings with the United States Securities and Exchange Commission. Examples of such forward looking statements in this release include, among others, statements regarding revenue growth, driving sales, operational and financial initiatives, cost reduction and profitability, and simplification of operations. For a more detailed description of the risk factors and uncertainties affecting OMNIQ Corp., please refer to the Company’s recent Securities and Exchange Commission filings, which are available at https://www.sec.gov. OMNIQ Corp. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless otherwise required by law. Investor Contact: James Carbonara Hayden IR (646)-755-7412 email@example.com Brett Maas Hayden IR (646) 536-7331 firstname.lastname@example.org
The collection features glasses that float if dropped in the water.
The collection of apparel and footwear launches May 20.
"No one really talks about your hair aging," said the supermodel.
The global semiconductor chip shortage will cost automakers $110 billion in lost revenues this year, up from a prior estimate of $61 billion, consulting firm AlixPartners said, as it forecast the crisis will hit the production of 3.9 million vehicles. The chip crunch has driven home the need for automakers to be "proactive" right now, and create "supply-chain resiliency" longer term to avoid disruptions in the future, the firm said on Friday. Automakers have in the past had direct supply agreements with producers of certain raw materials, including precious metals such as palladium and platinum, used in exhaust scrubbing systems.
DIS earnings call for the period ending March 31, 2021.
Fitzhugh Taylor, managing director at ICR, to begin. With me on the call today is Bill Toler, Hydrofarm's chairman and chief executive officer; and John Lindeman, the company's chief financial officer.
Leading the call today is Dr. Erik Holmlin, CEO of Bionano; he is joined by Chris Stewart, CFO of Bionano; and Dr. Before I jump into the forward-looking statements, we want to remind you that our annual meeting is coming up on June 10 and if you haven't already done so, please vote your shares as soon as we can.
Several manufacturers have spoken of availability in India not before July-September, Niti Aayog’s VK Paul said.
SEATTLE (AP) — Cleveland’s Zach Plesac has not allowed a hit through six innings against the Seattle Mariners. Plesac hasn’t been overpowering, but he has induced weak contact when Seattle has put the ball in play Thursday night. The right-hander has two strikeouts and three walks on 68 pitches. Only four of the 18 outs have been made by outfielders, including Josh Naylor’s grab in foul territory while crashing into the stands on the first pitch of the game to Seattle's Jarred Kelenic. Plesac, the nephew of longtime big league pitcher Dan Plesac, was 2-3 with a 3.83 ERA entering Thursday. Cleveland has the longest no-hitter drought in the majors — its last one was Len Barker’s perfect game in 1981. There have been four no-hitters already this season, and Seattle and Cleveland have been involved in three of them. The Mariners were no-hit by Baltimore’s John Means in their last home game on May 5. They've gotten 15 innings without a hit at home. The Indians have been no-hit twice — by Chicago White Sox left-hander Carlos Rodón on April 14 and by Cincinnati lefty Wade Miley a week ago. Cleveland leads 4-0. ___ More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports The Associated Press
The former Bachelor lead says he now knows he 'can still do all of the things that I thought were only possible in a straight relationship'
The iPhone manufacturer is teaming up with Fisker to build an electric car.
The deal is the most lucrative television deal by a US broadcaster for an overseas football league, eclipsing the $1 billion paid by NBC for rights to broadcast the English Premier League.
BANGKOK (AP) — Asian shares rose Friday after Wall Street put the brakes on a three-day losing streak with a broad stock market rally powered by Big Tech companies and banks. Shares in big semiconductor manufacturers led the advance in Asia, where almost all markets opened higher. Japan's Nikkei 225 added 1.8% to 27,940.90 and the Kospi in Seoul picked up 0.7% to 3,146.86, lifted by gains for Samsung Electronics and SK Hynix, which gained 1.9% and 1.3% after announcing plans to expand their investments in chip production and development. In Hong Kong, the Hang Seng advanced 0.8% to 27,941.69. The Shanghai Composite index gained 1.1% to 3,467.62 while Australia's S&P/ASX 200 was 0.7% higher at 7,033.30. Bitcoin added 2.1% to $49,390.00. Its price plunged 10% earlier this week after Tesla CEO Elon Musk reversed his earlier position on the digital currency and said the electric car maker would no longer accept it as payment. Markets rallied as prices of key commodities such as copper, zinc and aluminum slipped, alleviating concerns over inflation that triggered sell-offs earlier in the week. On Thursday, the S&P 500 notched a 1.2% gain, clawing back almost half of its loss from a day earlier, when it had its biggest one-day drop since February. Even so, the benchmark index is on track for a 2.8% weekly decline, which would be its largest since January. The other major indexes were also on pace for sharp weekly declines, despite recouping some of their losses. Technology stocks led the gainers after sinking earlier in the week as investors fretted about signs of rising inflation. Apple, Microsoft, Facebook and Google's parent company all rose. Financial companies also did well. JPMorgan Chase, Charles Schwab and Capital One Financial each rose more than 2%. In a reversal from Wednesday, the energy sector was the only loser in the S&P 500 as oil prices fell sharply as the reopening of the Colonial Oil pipeline after a cyberattack eased concerns about supplies. The S&P 500 gained 49.46 points to 4,112.50. The Dow Jones Industrial Average rose 1.3% to 34,021.45. The Nasdaq climbed 0.7% to 13,124.99. The Russell 2000 index picked up 1.7% to 2,170.95. Investors have been questioning whether rising inflation will be something transitory, as the Federal Reserve has said, or something more durable that the Fed will have to address. The central bank has kept interest rates low to aid the recovery, but concerns are growing that it will have to shift its position if inflation starts running too hot. Bond yields have risen sharply this week but pulled back slightly on Thursday. The yield on the 10-year Treasury note was 1.65% on Friday, compared with 1.70% on Wednesday. The price of U.S. crude oil lost 18 cents to $63.63 per barrel in electronic trading on the New York Mercantile Exchange. It fell 3.4% on Thursday after the Colonial gasoline pipeline on the East Coast was reopened late Wednesday. Brent crude, the international standard for pricing, lost 25 cents to $66.80 per barrel. The U.S. dollar rose to 109.60 Japanese yen from 109.46 yen late Thursday. The euro was unchanged at $1.2081. ___ AP Business writers Damian J. Troise and Alex Veiga contributed. Elaine Kurtenbach, The Associated Press
CALGARY — Elias Lindholm and Matthew Tkachuk each had a goal and an assist for the Calgary Flames in a 4-1 win Thursday over the visiting Vancouver Canucks. Rasmus Andersson and Andrew Mangiapane also scored for the Flames (24-26-3). Johnny Gaudreau had two assists. Goaltender Jacob Markstrom made 24 saves for the win. Matthew Highmore scored for Vancouver (21-28-3) with Thatcher Demko turning away 24 shots in the loss. Calgary and Vancouver will finish outside the playoffs in the NHL's North Division. The two clubs meet three more times starting Sunday while NHL playoff series get underway. Calgary and Vancouver are making up games lost when COVID-19 swept through the Canucks and suspended their season for three weeks. The Flames and Canucks cap their seasons Wednesday on the same day the Edmonton Oilers and Winnipeg Jets open their first-round playoff series. The Canucks also play in Edmonton on Saturday for the Oilers' regular-season finale. Calgary leads the season series against Vancouver 5-2. Tkachuk was credited with a Canucks own-goal at 16:37 of the third period. J.T. Miller reached to redirect the puck and ended up chipping it over Demko's shoulder. Vancouver's Jimmy Vesey took a double minor for unsportsmanlike conduct with four minutes remaining in the game. Lindholm scored on a breakaway at 15:33. Defenceman Chris Tanev head-manned the puck to Tkachuk, who chipped it to a streaking Lindholm. A diving Demko robbed defenceman Oliver Kylington with a glove save on a Flames odd-man rush in a scoreless second period. Mangiapane tipped a Nikita Nesterov shot from the blue-line off the post and in at 5:17 of the first period for a 2-1 Flames lead. From behind the goal-line, Gaudreau dished the puck out front for Andersson to roof at 3:36. Highmore scored his first as a Canuck on Vancouver's first shot of the game 62 seconds after the opening faceoff. The 25-year-old from Halifax tipped a Travis Hamonic shot by Markstrom. Notes: Gaudreau has six goals and 11 assists in his last 13 games . . . Vancouver's Brock Boeser has four goals and six assists in his last 10 . . . Calgary was without top centre Sean Monahan, whose season was shut down this week because of a hip injury requiring surgery . . . Tanev was an assistant captain in Monahan's absence . . . Mangiapane, Flames teammate Dillon Dube and Canucks goaltender Mike DiPietro will play for Canada at the men's world hockey championship in Riga, Latvia starting May 21. This report by The Canadian Press was first published May 13, 2021. The Canadian Press
Police say as many as eight people may have been shot in incident
DENVER (AP) — Tyson Jost scored two of Colorado’s five second-period goals as the Avalanche clinched the West Division and the top overall seed in the NHL playoffs with a 5-1 win over the Los Angeles Kings on Thursday night. Pierre-Edouard Bellemare, Joonas Donskoi and Andre Burakovsky also scored in the pivotal period. Backup Jonas Johansson made 21 saves to help the Avalanche finish 7-1 against the Kings this season. Colorado and Vegas both finished with 82 points, but the Avs earned the division crown and the Presidents’ Trophy — awarded to the team with the best regular-season mark — due to more regulation wins. This was the first time the Avalanche have captured the Presidents’ Trophy since 2000-01, when they went on to hoist the Stanley Cup. Colorado begins a first-round series Monday against St. Louis, which wound up with the fourth seed in the West. Sean Walker scored for the Kings as they wrapped up their season on an 0-4-1 skid. Troy Grosenick stopped 38 shots. The home-ice advantage could come in handy: The Avalanche have been playing at a high level at home, going 16-0-1 in their last 17 at Ball Arena. The 17 straight home games with at least a point ties the club record set in 2003. Down 1-0 heading into the second, Colorado quickly found its rhythm. Jost led the way by scoring twice within a 1:52 span to give the Avalanche a lead they wouldn't relinquish. The action got a little heated late in the second when Kings forward Brendan Lemieux collided with Avs defenseman Samuel Girard near mid-ice. Girard's fellow defenseman, Ryan Graves, took exception and immediately dropped the gloves to square off against Lemieux. Johansson stepped in for starter Philipp Grubauer, who shut out the Kings in a 6-0 win Wednesday. Avalanche coach Jared Bednar hasn’t played Grubauer in back-to-back games all season and didn’t want to start now, despite the importance. Johansson rewarded his faith by improving to 5-1-1 with Colorado since being acquired in a deal with Buffalo on March 20. Mikko Rantanen assisted on both of Jost’s scores to give him 66 points (30 goals, 36 assists). It's the most on the team this season. The Kings struck late in the first period when Walker capitalized on Burakovsky tumbling to the ice trying to keep the puck in the offensive end. Walker had a clear path to the goal and threaded a shot under Johansson's glove for his fifth goal of the season. NO MAC Avalanche forward MacKinnon sat out Thursday for the fourth time in five games due to a lower-body injury. The team went 4-0 in the games he missed. “We have such a deep roster that we have guys who can fill spots,” captain Gabriel Landeskog said. “Obviously, we miss him.” THIS & THAT Colorado F Carl Soderberg was scratched for a second straight game. ... Avs D Conor Timmins had two assists. ... D Cale Makar had an assist to finish with 44 points in 44 games. He joined Steve Duchesne (82 points in 82 game with Quebec in ’92-93) as the only defensemen in franchise history to average a point-per-game (minimum 40 games). ... Goaltender Devan Dubnyk remains on the league’s COVID-19 protocol list. ___ More AP NHL: https://apnews.com/hub/NHL and https://twitter.com/AP_Sports Pat Graham, The Associated Press