Dada Nexus Limited (DADA) Q4 2020 Earnings Call Transcript
DADA earnings call for the period ending December 31, 2020.
The "North America Electronic Clinical Outcome Assessment Market By Delivery Mode, By End Use, By Country, Industry Analysis and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering.
U.S. investment in research and development has reached its lowest level decades while that in the rest of the world has soared, the head of a U.S. Senate committee warned at a hearing on proposed subsidies to the tech industry to help the United States better compete with China. Senate Commerce committee chair Maria Cantwell told the committee on Wednesday the proposed "Endless Frontier Act" had been the stimulus for a big debate about America's competitiveness. Federal investment in research and development is at its lowest in 45 years when measured against GDP, Cantwell said.
Sen. Ron Johnson (R-Wis.) hasn't announced his reelection bid yet, but the race to take his seat is heating up.
Mother's Day gifts like the Revlon One Step hair dryer, a silk pillowcase, or the Always Pan are great ideas for every mom.
Louisiana Republican Julia Letlow was sworn into the House on Wednesday, claiming the seat her late husband was elected to but never filled after dying of COVID-19 in late December, days before taking office. Letlow easily won a special election last month to represent the heavily Republican district in northeastern Louisiana. A university administrator making her first run for public office, she won the backing of former President Donald Trump and decisively outraised her opponents. Luke Letlow, 41, died on Dec. 29, five days before the new Congress convened. Luke Letlow was a top aide to Rep. Ralph Abraham, R-La., who had retired and whose seat Letlow had won. The Letlows have two children. “I want to thank him for paving the way for me,” Julia Letlow said on the House floor after taking the oath of office from Speaker Nancy Pelosi, D-Calif. “Too many families like mine have experienced tragedy because of this pandemic,” Letlow said. “To those families: I see you, I hear you. And most importantly, I pray with you.” Letlow, 40, is the first female Republican elected to Congress from Louisiana. She will be on the House Agriculture Committee and the House Education and Labor Committee. Her arrival trims the Democrats' House majority to 218-212, with five vacant seats. That slim margin has helped fan GOP hopes of capturing control of the chamber in next year's elections. The narrow House majority and the 50-50 Senate, which Democrats control with Vice-President Kamala Harris' tiebreaking vote, have forced leaders to attain near-unanimous support from the party's lawmakers to advance legislation. A second vacant Louisiana seat will be filled soon by one of two Democrats in an April 24 runoff election. That New Orleans district was represented by Democrat Cedric Richmond, now a senior White House adviser to President Joe Biden. Three of the remaining vacant seats had been held by Democrats and one by a Republican. No party turnover is expected when special elections are held to fill those vacancies. Letlow is the 48th woman to be elected or appointed to fill congressional vacancies after their husbands died, according to figures from the Center for American Women and Politics at Rutgers University. One of the best known of those was Democratic Rep. Corinne Boggs, known as Lindy, also from Louisiana. Boggs was elected to replace her husband, House Majority Leader Thomas Hale Boggs Sr., who died when the airplane he was aboard disappeared over Alaska in 1972. Lindy Boggs, long her husband's political adviser, served 18 years in the House and was known as a champion of women's issues. She died in 2013. Alan Fram, The Associated Press
WINCHESTER – Many of the functions of the Winchester District Memorial Hospital remain unchanged as the region sees increased hospitalizations due to the most recent wave of COVID-19 infections. “Our patients are our top priority, and we are here for you,” said WDMH CEO Cholly Boland.”If any services are affected, we will ensure our patients and local communities are informed immediately.” The hospital sent out a release to the public following inquiries by The Leader on how the hospital is adapting to the recent surge of COVID-19 hospitalizations. WDMH has a level two critical care unit. The Cornwall Community Hospital is the only level three intensive care unit in the Eastern Ontario Health Unit region. As of the EOHU’s April 12th update, there are 33 COVID-19 related hospitalizations and seven people in ICUs. Most of those ICU cases are in the CCH, with remaining ICU cases in Ottawa. Last week, CCH CEO Jeanette Despatie said that non-critical care patients at that hospital were being moved to other facilities to make room for more COVID cases. Boland said that the WDMH is working closely with local hospitals and is responding to the latest directions from the Ministry of Health. For now, there are no changes to outpatient clinics and diagnostic testing. The emergency department is still open 24/7 according to the WDMH. The hospital is preparing to open additional beds to take non-COVID-19 patients from other hospitals, if needed. “We are working to ensure the transition is as seamless as possible for these patients,” Boland said. The active case count of COVID-19 infections in the EOHU region topped 450 on April 12th. ICU capacity in the EOHU region is at 80 per cent, and the COVID-19 ICU at CCH is at 25 per cent. Hospitalizations have dramatically increased as COVID-19 variants of concern have spread throughout Ontario. Many hospital ICUs in the Greater Toronto Area are over-capacity, and are moving COVID-19 and non-COVID-19 patients to hospitals outside of that region to free up space. Phillip Blancher, Local Journalism Initiative Reporter, The Leader
Portugal's parliament extended on Wednesday a state of emergency for 15 days as health experts warned that a gradual relaxation of strict lockdown rules now underway could soon lead to a significant jump in coronavirus cases. The state of emergency grants the government powers to take emergency measures such as imposing a nighttime curfew if deemed necessary, though the general trend is currently to ease a lockdown imposed in January to curb what was then the world's worst COVID-19 surge. Portugal started lifting restrictions last month and has since reopened some schools, restaurant and cafe terraces, museums and hair salons.
WASHINGTON, D.C., April 14, 2021 (GLOBE NEWSWIRE) -- The Cancer Support Community (CSC), the largest professionally led non-profit network of cancer support worldwide, is calling on the U.S. Senate to confirm Chiquita Brooks-LaSure as the next Administrator of the Centers for Medicare & Medicaid Services (CMS). CSC’s action comes one day before the Senate Finance Committee is scheduled to take up Brooks-LaSure’s nomination for this critical government post. “Chiquita Brooks-LaSure is uniquely qualified for this role and is the right person to lead CMS,” said Phylicia L. Woods, Executive Director of CSC’s Cancer Policy Institute. “Both Medicare and Medicaid provide a lifeline of affordable, quality, health coverage for over a hundred million people nationwide, including critical services for the prevention, detection, and treatment of cancer.” CSC, which provides $50 million in free support and navigation services each year for individuals affected by cancer through online resources and 175 in-person locations across the country, cited Brook-LaSure’s extensive background in implementing programs to make health care more affordable and accessible as a key reason for publicly supporting her nomination. “Throughout her career, Brooks-LaSure has developed and implemented policy solutions to health care challenges,” Woods said. “Brooks-LaSure understands the need to improve access to quality health care for vulnerable populations, including people of color, those of low socioeconomic status, and the uninsured. Her expertise across all of CMS’s areas of responsibility makes her qualified for this ever-important role.” The nomination comes as the COVID-19 pandemic has underscored a longstanding crisis— racial and ethnic disparities in our health care system. As an organization, CSC is committed to advancing health equity to ensure that all individuals have access to, and can afford, health care insurance and services. CSC has also emphasized the importance of having greater diversity, inclusion, and representation in our nation’s highest positions. If confirmed, Brooks-LaSure will be the first Black woman to hold the position of CMS Administrator. In addition to the Brooks-LaSure nomination, CSC also backed Xavier Becerra to serve as Secretary of Health and Human Services and called on the Biden-Harris administration and Congress to act on a number of patient-focused legislative and regulatory actions. About the Cancer Support Community The Cancer Support Community (CSC) is a global nonprofit network of 175 locations, including CSC and Gilda’s Club centers, hospitals and clinics, and satellite locations that deliver $50 million in free support services to patients and families. In addition, CSC administers a toll-free helpline and produces award-winning educational resources that, together with the locations, reach more than one million people each year. Formed in 2009 by the merger of The Wellness Community and Gilda’s Club, CSC conducts cutting-edge research on the emotional, psychological, and financial journey of cancer patients. CSC also advocates at all levels of government for policies to help individuals whose lives have been disrupted by cancer. In January 2018, CSC welcomed Denver-based nonprofit MyLifeLine, a digital community that includes nearly 40,000 patients, caregivers, and their supporters that will enable CSC to scale its digital services in an innovative, groundbreaking way. For more information, visit www.CancerSupportCommunity.org. So that no one faces cancer alone®. CONTACT: Nathalie Casthely Cancer Support Community 917-572-4517 communications@cancersupportcommunity.org
NEW YORK, April 14, 2021 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Coherent, Inc. (NASDAQ: COHR) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to II-VI Incorporated for $220.00 in cash and 0.91 shares of II-VI common stock for each Coherent share. If you are a Coherent shareholder, click here to learn more about your rights and options. Boston Private Financial Holdings, Inc. (NASDAQ: BPFH) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to SVB Financial Group. Under the terms of the merger agreement, Boston Private shareholders will receive 0.0228 shares of SVB common stock and $2.10 of cash for each share of Boston Private they own. If you are a Boston Private shareholder, click here to learn more about your rights and options. Tribune Publishing Company (NASDAQ: TPCO) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to affiliates of Alden Global Capital. Under the terms of the agreement, Alden will acquire all of the outstanding shares of Tribune common stock not currently owned by Alden for $17.25 per share in cash. If you are a Tribune shareholder, click here to learn more about your rights and options. PRA Health Sciences, Inc. (NASDAQ: PRAH) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to ICON plc. Under the terms of the transaction, PRA Health shareholders will receive $80.00 in cash and 0.4125 shares of ICON stock for each PRA Health share that they own. If you are a PRA Health shareholder, click here to learn more about your rights and options. Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders. Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com. Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors. Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information:Halper Sadeh LLPDaniel Sadeh, Esq.Zachary Halper, Esq.(212) 763-0060sadeh@halpersadeh.comzhalper@halpersadeh.com
U.S. intelligence warned that the pandemic will test governments for years to come. Johnson & Johnson vaccine gets reviewed. Latest COVID-19 news.
Former The Bachelor star Colton Underwood has landed a deal with Netflix for a reality series, sources close to the project tell Deadline. Netflix would not comment and details of the project are being kept under wraps. The news follows Underwood’s interview this morning with Good Morning America‘s Robin Roberts, in which he came out […]
JetBlue (NASDAQ: JBLU) today announced the appointment of Carol Clements to Chief Digital & Technology Officer, effective April 26, 2021. In this role, Clements will be responsible for the New York-based airline's information systems and technology strategies. She succeeds Eash Sundaram, who retired from JetBlue earlier this year after nearly a decade at the helm of innovation and technology strategy for the airline.
BROOKLYN CENTER, Minn. — A Minnesota prosecutor said Wednesday that he will charge a white former suburban Minneapolis police officer with second-degree manslaughter for killing 20-year-old Black motorist Daunte Wright in a shooting that ignited days of unrest and clashes between protesters and police. Former Brooklyn Center police officer Kim Potter will be charged Wednesday, three days after Wright was killed during a traffic stop, Washington County Attorney Pete Orput said. The charge carries a maximum penalty of 10 years in prison. An attorney for Potter did not immediately respond to messages from The Associated Press. The former police chief has said that Potter, a 26-year veteran and training officer, had intended to use her Taser on Wright but fired her handgun instead. However, protesters and Wright’s family members say there’s no excuse for the shooting and it shows how the justice system is tilted against Blacks, noting Wright was stopped for expired car registration and ended up dead. Potter, 48, resigned from the Brooklyn Center Police Department on Tuesday as did Police Chief Tim Gannon. Gannon had released Potter’s body camera video the day after Sunday's shooting. It showed her approaching Wright as he stood outside of his car as another officer was arresting him for an outstanding warrant. The warrant was for his failure to appear in court on charges that he fled from officers and possessed a gun without a permit during an encounter with Minneapolis police in June. Police said he was pulled over for having expired registration tags. As Wright struggles with police, Potter is hearing shouting “I’ll Tase you! I’ll Tase you! Taser! Taser! Taser!” before firing a single shot from her handgun. The charging decision was announced as the trial of former Minneapolis police Officer Derek Chauvin progresses in the death of George Floyd. Floyd, a Black man, died May 25 after Chauvin, who is white, pressed his knee against Floyd’s neck. Brooklyn Center Mayor Mike Elliott had said he hoped Potter's resignation would “bring some calm to the community,” but that he would keep working toward “full accountability under the law.” “We have to make sure that justice is served, justice is done. Daunte Wright deserves that. His family deserves that,” Elliott said. Police and protesters faced off again after nightfall Tuesday, with hundreds of demonstrators gathering again at Brooklyn Center’s heavily guarded police headquarters, now ringed by concrete barriers and a tall metal fence, and where police in riot gear and National Guard soldiers stood watch. About 90 minutes before a 10 p.m. curfew, state police announced over a loudspeaker that the gathering had been declared unlawful and ordered the crowds to disperse. That quickly set off confrontations, with protesters launching fireworks toward the station and throwing objects at police, who launched flashbangs and gas grenades, and then marched in a line to force back the crowd. “You are hereby ordered to disperse,” authorities announced, warning that anyone not leaving would be arrested. The state police said the dispersal order came before the curfew because protesters were trying to take down the fencing and throwing rocks at police. The number of protesters dropped rapidly over the next hour, until only a few remained. Police also ordered all media to leave the scene. Brooklyn Center, a suburb just north of Minneapolis, has seen its racial demographics shift dramatically in recent years. In 2000, more than 70% of the city was white. Today, a majority of residents are Black, Asian or Hispanic. Elliott said he didn't have at hand information on the police force's racial diversity but that “we have very few people of colour in our department.” Potter was an instructor with the Brooklyn Center police, according to the Minnesota Police and Peace Officers Association. She was training two other officers Sunday when they stopped Wright, the association’s leader, BIll Peters, told the Star Tribune. In her one-paragraph letter of resignation, Potter said, “I have loved every minute of being a police officer and serving this community to the best of my ability, but I believe it is in the best interest of the community, the department, and my fellow officers if I resign immediately.” ___ Bauer contributed from Madison, Wisconsin. Associated Press writers Doug Glass and Mohamed Ibrahim in Minneapolis; Tim Sullivan in Brooklyn Center; and Stephen Groves in Sioux Falls, South Dakota, contributed to this report. ___ Find AP’s full coverage of the death of Daunte Wright at: https://apnews.com/hub/death-of-daunte-wright Scott Bauer And Mike Householder, The Associated Press
CORNWALL – More Ontarians will be able to access COVID-19 vaccinations at clinics and pharmacies across the province after an announcement made April 11th. But none of those pharmacies are in South Dundas. The provincial government announced a further expansion of pharmacy-delivered doses of the AstraZeneca vaccine on April 11th. In the Eastern Ontario Health Unit region, the number of pharmacies offering vaccines will double, from three to six. Two unnamed pharmacies in Cornwall, along with one in the United Counties of Prescott-Russell will join the pharmacies in Winchester, Rockland and Embrun already offering the COVID-19 vaccine. Neighbouring Leeds-Grenville-Lanark District Health Unit expanded to 22 pharmacies offering the vaccine. EOHU Medical Officer of Health Dr. Paul Roumeliotis said he does not think this region is being short-changed on locations given this region received doses of the Pfizer and Moderna vaccines earlier than Leeds-Grenville-Lanark. “One of the things [the Ministry of Health] is trying to do is catch up,” he said. “When we were receiving vaccine, they were a month behind us. At the end of the day, the numbers will average out.” The EOHU is not considered a “hot-spot” like some areas of the rpovince like Toronto, however the region is in the top-10 of Ontario’s 34 health units for COVID-19 percent positivity and top-five for spread of variants of concern. The predominate strain detected in the region is the B.117 or UK variant, which Roumeliotis said makes up 72 per cent of active cases in the health unit region. While Roumeliotis said that the EOHU plans on offering vaccination clinics in South Dundas at some point, he did not commit to a specific timeline or date. “We’re working on it,” said Roumeliotis. “No hard date at this point, but we are working on mobile and other solutions as well. That’s why I am very disappointed we don’t have the pharmacies there yet.” During a previous media briefing, Roumeliotis said the EOHU has no say over which pharmacies receive approval for offering vaccines. That decision lies with the provincial government. Local pharmacies are willing to help on the vaccination front. Two of the three pharmacies in South Dundas have applied to administer vaccinations. “We are just waiting for approval,” said Scott Lane, owner of Seaway Valley Pharmacy in Morrisburg. “It is a shame people have to wait here. There is nothing available in the community and many don’t want to travel outside of South Dundas to get the vaccine.” Lane explained that for now, the pharmacy is taking names for a wait list for when they are approved. Ryan Gilmer with Gilmer Pharmacy in Iroquois said they are waiting for approval to start giving COVID-19 vaccinations as well. “We signed up for it,” Gilmer said. “The Ministry of Health and the Health Unit know that we want to do it. As of right now we don’t have a timeline of when we’ll get vaccines.” He said that Gilmer’s is also taking names for its waitlist, via the PharmaChoice website. “The goal is 1,500 pharmacies by the end of April, so I am hoping we are included in that,” Gilmer added. The Leader contacted Stormont-Dundas-South Glengarry MPP Jim McDonell’s office to ask why more pharmacies in the riding or public health unit were not approved for giving vaccinations. No response was received from the MPP’s office by the publication deadline for this story. There are three pharmacies in the SDSG riding which will offer vaccinations, but the neighbouring Leeds—Grenville—Thousand Islands and Rideau Lakes riding, which has 10,000 fewer residents than SDSG, has six locations including Gananoque, Brockville, Westport, and Kemptville. Phillip Blancher, Local Journalism Initiative Reporter, The Leader
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Colton Underwood rose to fame on the long-running reality TV show, which sees a man select a wife.
The former Minnesota police officer who shot and killed Daunte Wright will face manslaughter charges, authorities say. Kim Potter was captured on body cam footage killing Mr Wright during a traffic stop in Brooklyn Center, Minnesota, which has sparked protests and unrest in the community. Ms Potter, a 26-year veteran of the Brooklyn Center Police Department, will be charged with second degree manslaughter in connection to Wright’s death, Washington County Attorney Pete Orput has announced.
PORT FOURCHON, La. — The Coast Guard searched for 12 people missing off the coast of Louisiana on Wednesday after finding one dead crew member and pulling six survivors from rough seas when their commercial platform vessel capsized in hurricane-force winds. Coast Guard Capt. Will Watson said winds were 80 to 90 mph when the vessel overturned and seas were 7 to 9 feet. “It’s challenging under any circumstance,” he said. Asked about the prospects of the missing crewmembers, Watson said: “We are hopeful. We can’t do this work if you’re not optimistic, if you’re not hopeful.” Lafourche Parish President Archie Chaisson III confirmed the missing crew members were on board the Seacor Power before it flipped over miles south of Port Fourchon. “The hope is that we can bring the other 12 home alive,” Chaisson said Wednesday. Time is of the essence in the rescue efforts, as “we have the potential for some rough weather around lunchtime,” he added. The search involved at least four Coast Guard vessels, four private ones and Coast Guard airplanes based in Corpus Christi, Texas, and Mobile, Alabama. A Coast Guard helicopter also was being used. Relatives of the missing crew members rushed to the port from their homes nearby, seeking any information they could get, Chaisson said. “We continue to pray for the 18 men who were on that vessel as well as their families,” Chaisson said. The company that owns the ship, Houston-based Seacor Marine, set up a private hotline to share information with families of those onboard, Chaisson said. An employee who answered the phone Wednesday morning said he had no immediate information he could share. The National Weather Service in New Orleans had advised of bad weather offshore, including a special marine warning issued before 4 p.m. Tuesday that predicted steep waves and winds greater than 50 knots (58 mph). The Seacor Power crew sent an emergency distress signal a half-hour later, at 4:30 p.m., according to the Coast Guard, which then issued an urgent marine broadcast that prompted multiple private vessels in the area to respond, saving four of the crewmembers, the agency said. Coast Guard crews in boats rescued another two people. “There was a microburst of weather that came through the area at the time,” Coast Guard Petty Officer 2nd Class Jonathan Lally said. Capt. Ronald Dufrene said his offshore trawler Mister Jug was among the shrimp boats that struggled to survive the storm. He said the captain who was on board told him seas rose 15 to 20 feet (5 to 6 metres). “They lost the wind gage at 80 miles (129 kilometres) an hour, Dufrene said. “They say it blew like that for more than an hour.” “People who have been fishing 30, 40 years — the first time they put their life jackets on was yesterday. ... I know three boats for sure said that,” Dufrene said. The Seacor Power, a bulky vessel 129-feet (39-meters) long at its beam, is designed to become an offshore platform by dropping three towering legs down to the sea floor. At one point, video showed the massive ship flipped with one of its legs pointed awkwardly skyward as rescuers searched the heaving water. Port Fourchon, Louisiana's southernmost seaport, is a major base for the U.S. oil and gas industry, supporting most of Louisiana's offshore platforms and drilling rigs. The storm also overturned other vessels and damaged property from Louisiana's shore up to New Orleans. The Coast Guard warned in a Facebook post that the storms caused “significant hazards to life and property.” “Please join @FirstLadyOfLA and me in praying for those who remain missing after yesterday’s capsizing off the coast of Grand Isle and for those who are working to rescue them,” Louisiana Gov. John Bel Edwards said Wednesday on Twitter. —- The length of the capsized vessel has been corrected; it has a beam of 129 feet, not 265 feet. Kevin McGill And Jeff Martin, The Associated Press
This investment comes after the FDA recommended states pause in administering Johnson & Johnson’s vaccine
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