FFL Flash Alert - In his return to the NFL, will Antonio Brown go over or under 4.5 receptions?
FFL Flash Alert - In his return to the NFL, will Antonio Brown go over or under 4.5 receptions?
During a segment last week on "The Late Show With Stephen Colbert," the host quizzed his guest on why Parton didn't receive the honor under his watch.
Brandon Newman and Sasha Stefanovic combined for 41 points, going 10 of 17 from 3point range, and Purdue rolled to a 9350 win over Oakland in its home opener on Tuesday.
Vietnamese Manufacturers Rise To Meet Demand For Face Masks As Popularity Of Chinese Products Declines - DONY Garments meets top quality by creating an innovative, top antibacterial cloth face mask. DONY GARMENT company donated 100,000 antibacterial reusable masks worth more than VND 10.5 billion to the people of the USA Vietnamese Manufacturers Rise To Meet Demand For Face Masks As Popularity Of Chinese Products Declines - DONY Garments meets top quality by creating an innovative, top antibacterial cloth face mask. Product Availability DONY masks are suitable for many countries, which is shown from testimonials by our partners in Japan and the US.Ho Chi Minh, Vietnam, Dec. 01, 2020 (GLOBE NEWSWIRE) -- DONY Garments has announced the release of the Antibacterial Reusable Cloth Mask, now available internationally for B2B sale. In the uncertain era of the coronavirus, new needs are cropping up in consumers across the world. The sudden demand for effective antibacterial clothing and masks can only be described as rampant and widespread. DONY garments have stepped to meet this need by providing businesses with the best of the best - an antibacterial, reusable cloth mask that gives your customers a real fighting chance against the uncertainty of this virus.The mask is made of three-ply, water-resistant, and 99.9% antibacterial cloth, which passes some of the most stringent quality standards in the world. The mask addresses a dire need in the current market for a high-quality, mass-produced face mask that is not sourced from China.“In the past, the world turned to China when it needed massive quantities of consumer products,” notes Mr. Pham Quang Anh, CEO of DONY Garment Company. “The COVID-19 pandemic changed that a bit and the ongoing trade war between China and the US have inhibited Chinese production of Personal Protective Equipment (PPE) even more.” Because Chinese exports are now compromised, there is an opportunity for companies from other countries to step up. DONY garments present international buyers with an opportunity they cannot miss. They offer the highest quality B2B masks, which meet all the standards of international markets, made from scratch in Vietnam.The DONY mask has a sleek and comfortable design that makes it highly appealing for consumer use. It’s various certifications ensure adequate protection from COVID19. Additionally, It can be manufactured in any way according to your business needs. Think of it like a blank slate that retailers can add value to by experimenting with different colors, designs, or any sort of personalization.The best part about DONY’s masks? It is available internationally. “At Dony Garments, we welcome international customers, especially those based in Japan, the Middle East, and the United States, to discover our professional line of COVID19 products which are manufactured in our factory in Vietnam,” states Pham. “We guarantee our products are of the highest quality, affordable costs, and are easy to transport across the world.”What Is The DONY Face Mask?According to the Centre For Disease Control (CDC), Cloth masks act as "source control" to block virus particles exhaled by the wearer, and provide "filtration for personal protection" by blocking incoming infectious droplets from others. Cloth Masks can reduce the chances of catching the virus by up to 70%. The DONY mask goes above and beyond; It has acquired the DGA certification from French Armed Forces which attests that it will offer 99% protection from COVID on first use, and 96% protection after 30 washes.The DONY mask is a non-valve, non-medical, civilian cloth mask. It is very lightweight, so it can be used in outdoor activities such as sports, travel, and workouts. The mask is very versatile, so it can really be used by all kinds of consumers, for any kind of task.The DONY Antibacterial mask offers the following features: * Three layers of anti-bacterial protection cloth to minimize COVID risks. * Comfortable, breathable fabric that comes with a nose clip and elastic strap ear loops. * Meets global export standards, including certifications from CE, FDA, and TUV Reach. * UV protection, with an SPF rating of 50+ that can rival most sunblock creams. * The mask is 100% water-resistant and has 99.9% antibacterial action even after 60 washes. * Apart from COVID protection, it also filters out Dust and Air Pollution. * An adjustable strap reduces discomfort for those who have to wear masks for extended periods of time. * The mask is already pre-sterilized with E.O gas, straight out of its packaging. An indicator strip on the mask lets the wearer know if it has been sterilized beforehand or not. * An Eco-friendly option in comparison to disposable masks. * Unisex, neutral design for both males & females.You can see a visual demonstration of the DONY face mask here: www.youtube.com/watch?v=fmcXNj569lADONY garment company designed and produced this mask with a unique understanding of the issues that plague mask retailers. The DONY masks can be customized to appeal to any consumer base. They can be priced as high-end or affordable according to the retailer's own needs. The durability and effectiveness of the masks ensure that customers will have no complaints or concerns.While the DONY mask does provide protection for up to 60 washes, it is still recommended to change out your mask every 2-3 months. This is good news for the retailers who choose to stock the DONY masks, as customers will regularly repurchase the product to their liking.Positive Customer ImpactDONY masks are suitable for many countries, which is shown from testimonials by our partners in Japan and the US."There are many mask manufacturers in Vietnam but not all of the factories follow international standards. The reason why we chose DONY is that they fulfill Japan's market needs” states Nicolas Jo, Founder, and CEO of JJFT, a fashion, and textile group.It is not just Japanese businesses that benefit from the DONY masks. Security Pro is a US-based company that provides high-quality security gear for professionals. According to their CEO, Al Evan “We were impressed with the DONY mask. I like DONY because they communicate and deliver the product on time.”Partnering with DONY is a mutually rewarding relationship. They offer the following benefits for partners: * Being the only representative of Dony to sell DONY masks on the exclusive territory. * Being offered a preferential policy of best prices and priority production order. * Getting great support from the sales and production team. * Dony transfers all customers related to the area of the agent management representative. * Posting information, photos, etc on the official website of Dony. * Free sample making (logo, label, packaging) according to customers' requirements. * Being supported for papers and certificates at the request of customers * Being under a proprietary protection policy for customers. * Media supported by Dony on domestic and foreign channels.The company can provide free samples, trial orders, wholesale orders, bulk orders, and custom orders with branding opportunities for logos and labels. Businesses can purchase DONY masks for their employees, or they can create customized merchandise for customers and fans. About The Company:DONY Garments itself is a derivative of Dony International Corporation, and they specialize in creating quality uniforms, workwear, and casual clothing. With the onset of the COVID19 crisis, DONY expanded into the realm of personal protective equipment (PPE). They now provide equipment and clothing in America, Europe, Australia, and Asia.In 2020, the DONY company donated 100,000 antibacterial reusable masks worth more than VND 10.5 billion to the people of the USA. The company has vowed to stand in solidarity with those suffering from COVID19, which is why the DONY mask is very welcome in the global market and is considered one of the largest manufacturers of face masks in Vietnam.Product AvailabilityDony Mask is being sold (focus on B2B - Wholesale, bulk, and branded) in the USA, France, Singapore, Germany, Canada, Hong Kong, Macao, South Africa, Finland, Greece, Denmark, Japan, United Kingdom, Italy, Spain, Netherlands, Switzerland, Poland, Sweden, Austria, Norway, Romania, Portugal, KSA, Egypt, Qatar, Morocco, Kuwait, Oman, Jordan, Bahrain and has Exclusive Distributors in Saudi Arabia, Australia, Belgium, Malaysia, UAE.Dony mask is currently available for B2B sale, which means it can only be purchased in bulk by businesses and retailers. Businesses who purchase the DONY mask are welcome to customize and add value to the mask before making it available for customers.For more information, press only:Mr. Henry Pham, CEO.Whatsapp/call: +84985310123 Email: firstname.lastname@example.org For more information on the Product: https://garment.dony.vn/ This news has been published for the above source. Dony Garment Company [ID=15528]Disclaimer: The pr is provided "as is", without warranty of any kind, express or implied: The content publisher provides the information without warranty of any kind. We also do not accept any responsibility or liability for the legal facts, content accuracy, photos, videos. if you have any complaints or copyright issues related to this article, kindly contact the provider above. Attachments * DONY GARMENT company donated 100,000 antibacterial reusable masks worth more than VND 10.5 billion to the people of the USA * Product Availability
Company Named Global Discrete Semiconductors & Passive Components Solution Provider of the YearMALVERN, Pa., Dec. 01, 2020 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) today announced that it has been named a winner in the 2020 BIS Excellence and Technovation Awards (BETA), presented by BISinfotech, an Indian electronics and technology magazine. The annual BETA Awards recognize winners in two categories: Excellence and Technovation. The Excellence category honors electronics and semiconductor companies with market-leading products that drive industry growth, while the Technovation category awards products and solutions that use advanced electronics and semiconductors. This year in the Excellence category, Vishay was honored as the Global Discrete Semiconductors & Passive Components Solution Provider of the Year.The BETA Awards were presented in a ceremony held on Oct. 30. Vishay’s Vinod Tarale, distribution sales manager, India and SAARC, received the award on the company’s behalf.“Innovation requires hard work, courage, facing challenges, and taking risks,” said Tarale. “Innovating is never easy, and those who choose to are real heroes. I’m truly honored and humbled to receive this award on behalf of Vishay.”Vishay manufactures one of the world’s largest portfolios of discrete semiconductors and passive electronic components that are essential to innovative designs in the automotive, industrial, computing, consumer, telecommunications, military, aerospace, and medical markets. Serving customers worldwide, Vishay is The DNA of tech.™ Vishay Intertechnology, Inc. is a Fortune 1,000 Company listed on the NYSE (VSH). More on Vishay at www.Vishay.com.The DNA of tech™ is a trademark of Vishay Intertechnology.Vishay on Facebook: http://www.facebook.com/VishayIntertechnology Vishay Twitter feed: http://twitter.com/vishayindustShare it on Twitter: http://twitter.com/intent/tweet?text=.@vishayindust has been honored by BISinfotech as the Global Discrete Semiconductors & Passive Components Solution Provider of the Year in the Excellence category at the 2020 BIS Excellence and Technovation Awards BETA. - https://bit.ly/33uRWikLink to The DNA of tech™ image: https://www.flickr.com/photos/vishay/50342588442/sizes/l/For more information please contact: Vishay Intertechnology Peter Henrici, +1 408 567-8400 email@example.com or Redpines Bob Decker, +1 415 409-0233 firstname.lastname@example.org
Their story is both romantic and tragic as more than 9,000 people have died from the coronavirus since March in Michigan.
Liverpool 1-0 Ajax: Andre Onana’s error handed Jones the chance to seal the hosts victory in a frantic end-to-end affair as opposite number Kelleher played his own match-winning role on his European debut
LIVERPOOL, England — Jürgen Klopp could count on his kids to see injury-depleted Liverpool through in the Champions League.A first European goal from Curtis Jones secured a 1-0 victory over Ajax on Tuesday, clinching a place in the knockout stage with a game to spare in Group D.The midfielder scored after connecting with a cross from fellow 19-year-old Neco Williams, taking advantage of the stranded goalkeeper André Onana and clipping the ball into the net with the outside of his right boot in the 58th minute.It was a night to forget for Onana but one to remember in goal for Caoimhin Kelleher for the six-time European champions. Handed his Liverpool debut after Alisson Becker joined the injury list, the 22-year-old Kelleher's performance belied his experience.A header powered in by Klaas-Jan Huntelaar was pushed over by the Irishman. He also tipped over a rising shot from Noussair Mazraoui in the first half and pushed away another effort from the Ajax defender after the break.No wonder his commanding performance was being applauded on the touchline. And when the final whistle blew, Klopp went over to embrace Kelleher at the last Anfield game before fans are allowed back in.When England's national lockdown ends on Wednesday, Liverpool will enter tier two of coronavirus restrictions, ensuring up to 2,000 fans will be in for Sunday's Premier League game against Wolverhampton.Ajax now has to beat Atalanta in the Group D finale to reach the knockout phase after the Italian side moved a point ahead into second place by drawing 1-1 with FC Midtjylland.It was a week ago that Atalanta stunned Liverpool by winning in northwest England.___More AP soccer: https://apnews.com/Soccer and https://twitter.com/AP_SportsRob Harris, The Associated Press
Romelu Lukaku scored twice as Inter Milan beat Borussia Mnchengladbach 32 on Tuesday to avoid being eliminated from the Champions League in the group stage for the third year in a row.
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange:Toronto Stock Exchange (17,296.93, up 106.68 points.)BlackBerry Ltd. (TSX:BB). Technology. Up $1.43, or 18.69 per cent, to $9.08 on 40.4 million shares.Bombardier Inc. (TSX:BBD.B). Industrials. Down 3.5 cents, or 6.6 per cent, to 49.5 cents on 20.8 million shares.Hexo Corp. (TSX:HEXO). Health care. Down five cents, or 3.5 per cent, to $1.38 on 18.3 million shares.Aurora Cannabis Inc. (TSX:ACB). Health care. Down $2.63, or 17.25 per cent, to $12.62 on 15.1 million shares.Suncor Energy Inc. (TSX:SU). Energy. Down 13 cents, or 0.63 per cent, to $20.64 on 15.1 million shares. Aphria Inc. (TSX:APHA). Health care. Down $1, or 9.17 per cent, to $9.91 on 8.4 million shares.Companies in the news: BlackBerry Ltd. — Shares in BlackBerry Ltd. gained as much as 63.9 per cent in intraday trading on Tuesday following news of a deal with Amazon Web Services to develop and market BlackBerry's intelligent vehicle data platform, called IVY. The companies said they had settled on a multi-year, global agreement to develop and market IVY, a scalable, cloud-connected software platform that will give automakers a new way to read vehicle sensor data. They said automakers will be able to use that information to create responsive in-vehicle services that enhance driver and passenger experiences. Financial terms of the agreement were not immediately available. Amazon Web Services is a subsidiary of internet giant Amazon.com Inc. that provides on-demand cloud computing platforms.Bombardier Inc. — Bombardier and Alstom say they have received all the necessary regulatory approvals required to complete the US$8.4-billion sale of the Canadian company's railway division to Alstom. The companies say they now expect the transaction to close on Jan. 29, 2021. Bombardier has been working to transform itself from a maker of trains and aircraft into a company focused on business jets. Alstom shareholders voted to approve the deal on Oct. 29. The sale is expected to make Alstom the second-largest manufacturer of rolling stock, behind China's CRRC. Alstom has committed to establish its North American headquarters in Montreal, which will oversee 13,000 employees, set up a research centre and improve production at the Bombardier Transport plant in La Pocatiere, where the order book is almost empty. Imperial Oil Ltd. (TSX:IMO). Up 42 cents or 1.9 per cent to $22.90. Shares in Imperial Oil Ltd. rose after it announced late Monday it would write down up to $1.2 billion on Canadian assets it doesn't think it will ever develop. In a brief news release, it said it has reassessed the long-term development plans of its unconventional natural gas portfolio in Alberta and no longer plans to develop a "significant potion" of those assets. It says that will result in a non-cash writedown of between $900 million and $1.2 billion in the current quarter. Imperial said the exploration lands it is shelving haven't been developed and aren't producing, adding the move doesn't include natural gas prospects that are also rich in petroleum liquids. Last week, the Calgary-based company said it would lay off about 200 of its 6,000 employees across Canada as part of a cost-cutting initiative due to low oil prices, adding it has reduced the number of contractors it employs by about 450 since the start of the year.Bank of Montreal (TSX:BMO). Up $3.19 or 3.4 per cent to $96.52. Canadian bank executives say an economic rebound is on its way after months of governments and financial institutions working to offset turmoil with loans, deferrals, interest rate cuts and subsidies. The chief executives of Bank of Nova Scotia and BMO Financial Group said Tuesday that they are starting to see signs of improvement and are feeling reassured by countries like Canada, the U.S., Chile and Peru, which have spent on average 17 per cent of their gross domestic product on relief measures. Scotiabank's provisions for credit losses in its latest quarter totalled $1.1 billion, up from $753 million a year ago, but down from nearly $2.2 billion in the third quarter. BMO's amounted to $432 million, up from $253 million a year ago, but down from nearly $1.1 billion in its third quarter.Suncor Energy Inc. (TSX:SU). Down 13 cents to $20.64. Suncor Energy Inc. is forecasting higher spending and production in 2021 based on benchmark U.S. oil prices staying near their current levels of around US$45 per barrel. It says it predicts daily oil and gas production between 740,000 and 780,000 barrels of oil equivalent in 2021, an increase of about 10 per cent compared with this year, driven by higher bitumen output from its oilsands operations. It expects capital spending of between $3.8 billion and $4.5 billion, including sustaining capital of $2.9 billion to $3.4 billion, an increase of about nine per cent over 2020's expected spending of $3.6 billion to $4.0 billion. The Calgary-based company forecasts refinery throughput of 415,000 to 445,000 barrels per day based on a utilization rate of between 90 and 96 per cent.This report by The Canadian Press was first published Dec. 1, 2020.The Canadian Press
Assurant (NYSE: AIZ), a leading global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases, today announced the closing of its acquisition of HYLA Mobile, a leading provider of smartphone software, trade-in and upgrade services. The acquisition further strengthens Assurant’s trade-in and upgrade programs and better positions the company for the upcoming 5G smartphone upgrade cycle.
Premier Blaine Higgs says he likes the idea of using daylight time year-round and will adopt it if the other Maritime provinces go along. Higgs was responding to Liberal Opposition Leader Roger Melanson, who suggested the idea in a news release Tuesday morning.Ontario has passed legislation to make the change if Quebec and New York State agree to do it."I think it's a golden opportunity for us to do the same thing," Higgs said in an interview. "There are pros and cons of course, but I think stability in this — going to one time zone, a daylight savings time area — would be appropriate."Higgs said he wouldn't proceed until Ontario and Quebec do, and even then it would be contingent on the two other Maritime provinces also going along with it."It would be part of a redefined Atlantic bubble," the premier joked. Higgs said legislation could come in the current session of the legislature."It is something worth considering and worth moving on, actually," he said. "I see no reason not to." Melanson said the idea is catching on quickly, and "we've got to make a decision if we want to be early on with this trend or on the tail end of this trend." Under Melanson's proposal, New Brunswickers would move their clocks ahead by an hour next March and then leave them there, rather than moving them back again next fall.He said there's ample evidence the current twice-a-year change, particularly the "loss" of an hour in the fall, can affect people's health. "When you have to drink an extra coffee when the time changes, it means there's something happening to people's minds and certainly bodies," he says. Strong support in N.B.A recent poll by Halifax-based Narrative Research and the Logit Group found 91 per cent of New Brunswick respondents would support the change, the highest of any province in Canada. But at least one Fredericton parent says the change would be a bad idea that would force young children to walk to school or catch the bus in the dark for a good part of the school year.Rob Hoadley said the city's location in the western part of the Atlantic time zone would see the sun rising around 9 a.m. in the depth of winter.Hoadley has two elementary-school-age children and a third who will soon be school age."We would see almost pitch darkness at this time of year, at that time, when the kids are showing up" at school.Whether they walk to school or catch the bus, he said, "I think that has safety concerns for the kids."The gain of an extra hour of sunlight at the end of the day in winter isn't enough to outweigh that, Hoadley said."Having it set at 6 p.m. doesn't really accomplish anything for me." Asked about more kids walking to school in the dark for a longer part of the winter, Melanson said, "we need to look at the benefits of this and see if it outweighs the inconvenience."There'll be an adjustment, but there'll be an adjustment once. Now we have to have an adjustment twice a year."Melanson said he'd like to see the other Maritime provinces sign on "so we could hopefully do this in a synchronized fashion," but said New Brunswick's decision shouldn't be contingent on a regional agreement.
TORONTO — The 2021 Juno Awards are moving to May for their 50th anniversary.Organizers behind Canada's biggest night in music say the golden celebration, set to take place in Toronto, is being delayed due to the COVID-19 pandemic.The televised show will happen on May 16, 2021, about a month and a half after its originally planned date in March.Allan Reid, head of the Canadian Academy of Recording Arts and Sciences, says the move is intended to give artists and the local community more options to celebrate in a time when physical distancing measures are expected to still be in place."We also hope that the warmer weather will bring more opportunities for some unique outdoor programming," he said in a press conference."The COVID-19 pandemic continues to have a huge effect on the city and our music community, but we will be resilient and live music will return, and we will be there to help in any way we can."The return of the Juno Awards to Toronto, for the first time in a decade, was billed as a splashy affair when it was announced last year. Thousands of fans were expected to gather inside the Scotiabank Arena, with many past honorees in attendance.How the momentous occasion might take shape in the pandemic is a work in progress, Reid said, and it's still undetermined whether any of the Juno performances will be permitted to take place indoors.The organization also stopped short of announcing details for Juno Week, a series of concerts and events leading up to the broadcast that in other years have proven to be a business boon for local bars and concert halls.Other changes will be introduced as part of the Junos anniversary, including three new looks for the award statuette.The updated designs take inspiration from designer Shirley Elford's human-shaped molten-glass award, first handed out in 2000.A gold Juno will be given to Juno Award winners, while a silver version is for recipients of a special Juno prize, and a gold and silver variation goes to Canadian Music Hall of Fame inductees.There's also a notable change within the R&B categories, first announced in October. The R&B recording of the year award will now be two distinct prizes, one for contemporary R&B recording of the year and another for traditional R&B/soul recording of the year.Reid noted that artist submissions for the Junos reached a record high, though he did not offer specific figures. He said the historic interest shows the resiliency of Canadian musicians in a difficult year that saw many of their concert tours cancelled.Nominees for the Juno Awards will be announced early in 2021.This report by The Canadian Press was first published Dec. 1, 2020. David Friend, The Canadian Press
The first day of NBA training camp is supposed to be accompanied by brimming optimism, a time for players and coaches all taking those first steps toward what they hope is a championship.Such was the case Tuesday — in a very tempered fashion.The first preseason camps of the coronavirus era are formally open, with teams limited for now to individual sessions with one coach and one player at one basket, all of this starting to happen as the pandemic continues raging and more and more Americans are testing positive.“I’m very concerned if we can pull this off,” Philadelphia coach Doc Rivers said.He probably isn’t alone in that thinking.Washington coach Scott Brooks said the Wizards already have seen one player test positive for coronavirus, and Orlando coach Steve Clifford said Magic centre Mo Bamba — who tested positive several months ago — is still “a ways away” from being ready to play again. Later Tuesday, Golden State general manager Bob Myers said two Warriors have tested positive, meaning that club won't start full-scale practice until at least Monday, a mere six days before its preseason opener.There will likely be more positives. Probably many more.Rivers, noting how the virus is becoming a major issue for college football and the NFL in terms of getting games played, said the effect on an NBA team losing a key player or two for even a short period could essentially wreck a season.“In football they play once a week and they have 1,000 players, so when you miss three or four players, you can still get away with it,” Rivers said. “If we miss three or four players, we’re in trouble, especially with the amount of games. We’re playing three and four games a week. So, if one of our guys or two of our key guys get the virus and they miss 10 days, 14 days, that can be eight games in a 72-game season. That can knock you out in the playoffs.”The Wizards didn’t say what player tested positive, though Brooks said the player has yet to be around the team in Washington and that “everybody else is ready to go.” Bamba was diagnosed with COVID-19 on June 11, played sparingly in Orlando’s first two games at Walt Disney World during the NBA’s restart there this summer, then sat out the rest of the season for additional testing.“Right now, we’re hoping that he can get healthy enough to get back on the floor,” Clifford said. “He’s going to be able to do some of the things early in camp, but he’s going to be limited. He’s had kind of a tough stretch here in terms of how much he’s been able to do. We have to be prudent and make sure we’re moving along with him in an intelligent manner.”Players and coaches are being tested daily and that is likely to be the plan for throughout the season. Protocols that the league sent to teams late last week suggested that, in many cases, it would take at least 12 days for a player to be able to return to play after testing positive for the coronavirus.The NBA is working with BioReference — a company that also handled testing in the bubble, at the league’s expense of about $140 per test — for standardized league-wide testing, and that company will likely have personnel travelling with teams this season to handle testing on the road. The league has said that its testing program does not impact BioReference’s nationwide testing capabilities or use public health resources in a time where more and more Americans are seeking testing.“I’m pretty comfortable with it,” Boston coach Brad Stevens said. “As we saw with the bubble, the NBA crosses every ‘t’ and dots every ‘i.’ They have been great communicating with all of us ... and I’m looking forward to hopefully getting together and starting practice soon as a group.”Some teams will be able to start those group practices — and 5-on-5 sessions — Friday. Most NBA clubs will be able to start Sunday. Injuries will be a worry, as will conditioning, and entering Tuesday no team even had a final copy of the schedule for its first 36 games so matters like travel arrangements and seeing where days off can fall also remain unsettled.“As a coach, you want to go in with your team concerns being more basketball,” Rivers said. “And I think every coaches’ concerns right now are probably non-basketball.”___More AP NBA: https://apnews.com/NBA and https://twitter.com/AP_SportsTim Reynolds, The Associated Press
Officials say they want to provide more cash, but time is running out for this year.
Company Establishes Preliminary 2021 Net Revenue Outlook Range of $290-320 millionConference Call to be Held Wednesday, December 2, 2020 at 8:30 am ETNEW YORK, Dec. 01, 2020 (GLOBE NEWSWIRE) -- Mohawk Group Holdings, Inc. (Nasdaq: MWK) (“Mohawk” or the “Company”) today announced it acquired the assets of leading e-commerce business brands Mueller, Pursteam, Pohl and Schmitt, and Spiralizer (the “Acquired Brands”) from 9830 Macarthur LLC (“9830”), ZN Direct LLC, and Reliance Equities Group, LLC. The Acquired Brand’s unaudited trailing twelve month revenue and operating income as of September 30, 2020, were approximately $77.5 million and $13.1 million, respectively.Yaniv Sarig, Co-Founder and Chief Executive Officer of the Company, commented, “We are excited to announce this acquisition, which we are confident will achieve key strategic, financial and growth objectives for Mohawk and furthers our goal of building the consumer product platform of the future. By acquiring the assets of these four strong brands, we are demonstrating how our M&A strategy can be a powerful factor in our growth and profitability going forward. The 43 new products we are adding to our portfolio are mainly part of the home and kitchen small appliances category and will expand our existing large appliance product portfolio. In the last twelve months, private equity and venture capital backed companies have raised significant funding to fuel the acquisition of Amazon brands and we believe our technology platform and agile supply chain position Mohawk to be a leader in this space moving forward.”As consideration for the Acquired Brands, Mohawk paid $25,000,000 in cash, issued 4,220,000 shares of Mohawk common stock and issued a promissory note in the amount of approximately $15.8 million related to inventory acquired from the sellers (such note amount subject to adjustment following a post closing physical inspection). Subject to the achievement of certain contribution margin thresholds during each of the 12 month periods ending December 31, 2021 and 2022, Mohawk also granted 9830 (for the benefit of all sellers) the right to certain earn out payments related to sales of products under the Acquired Brands. The cash and common stock payment reflect an approximate 4x multiple on the trailing twelve month operating income of the Acquired Brands as of September 30, 2020. In connection with the transaction, 9830 agreed to a six month lockup and to five year voting and standstill terms.Refinancing of Term Loan Mohawk today also announced the refinancing of its existing term loan credit facility through the issuance of a Senior Secured Note to an institutional lender. The Company received gross proceeds of $38 million in exchange for the Senior Secured Note with an aggregate principal amount of $43 million. The new loan will be repaid over 24 equal monthly cash payments of $1.8 million. In connection with the Senior Secured Note, the Company issued to the institutional lender warrants to purchase an aggregate of 2,864,133 shares of the Company’s common stock at a strike price of $9.01, which represents a 27.6% premium to the closing price on November 30, 2020.A.G.P. / Alliance Global Partners acted as sole placement agent on the debt transaction.Increased 2020 Outlook For full year 2020, the Company expects net revenue to be in the range of $180.0 million to $190.0 million, up from $175.0 million to $185.0 million, reflecting the addition of the Acquired Brands. The Company continues to expect to generate positive Adjusted EBITDA in the fourth quarter of 2020, excluding one-time items for transaction-related costs of the acquisition, and for the full year basis 2020.The most directly comparable GAAP financial measure for Adjusted EBITDA is net loss and we expect to report a net loss for the three months ending December 31, 2020, and for the twelve months ending December 31, 2020, due primarily to quarterly interest expense, net and stock-based compensation expense.The historical revenue and operating income of the Acquired Brands are subject to the completion of the Company’s standard procedures for the preparation and completion of its financial statements and completion of an audit by the Company’s independent registered public accounting firm.2021 Preliminary Outlook For full year 2021, the Company expects net revenue to be in the range of $290.0 million to $320.0 million.Conference Call Details Management will host a conference call on Wednesday, December 2, 2020 at 8:30 a.m. ET to discuss the acquisition. Investors and analysts interested in participating in the call are invited to dial (877) 295-1077 (domestic) or (470) 495-9485 (international) and provide the conference ID: 7385844. The conference call will also be available to interested parties through a live webcast at https://ir.mohawkgp.com.About Mohawk Group Holdings, Inc. Mohawk Group Holdings, Inc., together with its subsidiaries (“Mohawk”), is a rapidly growing technology-enabled consumer products company that uses machine learning, natural language processing, and data analytics to design, develop, market and sell products. Mohawk predominantly operates through online retail channels such as Amazon and Walmart. In addition to the Acquired Brands, Mohawk has seven owned and operated brands: hOme, Vremi, Xtava, Truweo, Holonix, Aussie Health and RIF6. Mohawk sells products in multiple categories, including home and kitchen appliances, kitchenware, environmental appliances (i.e., dehumidifiers and air conditioners), beauty-related products and, to a lesser extent, consumer electronics. Mohawk was founded on the premise that if a company selling consumer packaged goods was founded today, it would apply artificial intelligence and machine learning, the synthesis of massive quantities of data and the use of social proof to validate high caliber product offerings as opposed to over-reliance on brand value and other traditional marketing tactics.Forward Looking StatementsAll statements other than statements of historical facts included in this press release that address activities, events or developments that we expect, believe or anticipate will or may occur in the future are forward-looking statements including, in particular, the statements regarding this acquisition, our M&A strategy, our goal of building the consumer products company of the future, the potential for our company to be a leader in the acquisition of Amazon businesses, the potential acquisition of additional businesses in the future, our ability to create significant operating leverage and efficiency when integrating companies that we acquire, including through the use of our team’s expertise, the economies of scale of our supply chain and automation driven by our platform, our expectations regarding future growth through the launch of products under our brands and the acquisition of additional brands, our expected 2020 net revenue and preliminary 2021 outlook, including any expected impact that this acquisition may have thereon, and the statements about our expected Adjusted EBITDA and net loss for the fourth quarter of 2020 and full year 2020. These forward-looking statements are based on management’s current expectations and beliefs and are subject to uncertainties and factors, all of which are difficult to predict and many of which are beyond our control and could cause actual results to differ materially and adversely from those described in the forward-looking statements. These risks include, but are not limited to, those related to this acquisition; those related to our ability to create operating leverage and efficiency when integrating companies that we acquire, including through the use of our team’s expertise, the economies of scale of our supply chain and automation driven by our platform; those related to our ability to grow through the launch of products under our brands and the acquisition of additional brands; those related to the impact of COVID-19, including its impact on consumer demand, our cash flows, financial condition and revenue growth rate; our supply chain including sourcing, manufacturing, warehousing and fulfillment; our ability to manage expenses, working capital and capital expenditures efficiently; our business model and our technology platform; our ability to disrupt the consumer products industry; our ability to grow market share in existing and new product categories, including PPE; our ability to generate profitability and stockholder value; international tariffs and trade measures; inventory management, product liability claims, recalls or other safety and regulatory concerns; reliance on third party online marketplaces; seasonal and quarterly variations in our revenue; acquisitions of other companies and technologies and other factors discussed in the “Risk Factors” section of our most recent periodic reports filed with the Securities and Exchange Commission (“SEC”), all of which you may obtain for free on the SEC’s website at www.sec.gov.Although we believe that the expectations reflected in our forward-looking statements are reasonable, we do not know whether our expectations will prove correct. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, even if subsequently made available by us on our website or otherwise. We do not undertake any obligation to update, amend or clarify these forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. CONTACT: Investor Contact: Ilya Grozovsky, Mohawk Group email@example.com 917-905-1699
The Paley Center for Media has appointed Jamitha Fields as VP of diversity, inclusion and engagement. In the newly created position, Fields will be responsible for creating and sustaining connections that help drive support for and participation in the center's diversity and inclusion programs. Working with the human resources department, she will also aid in […]
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Stocks closed broadly higher on Wall Street Tuesday, a day after the S&P 500 closed out November with its biggest monthly gain since April.The gains pushed the S&P 500 and the Nasdaq composite to all-time highs, beating the their previous record highs set on Friday.Stocks have been ramping higher in recent weeks as investors focus on the possibility that coronavirus vaccines could soon help usher in a fuller global economic recovery.On Tuesday:The S&P 500 rose 40.82 points, or 1.1%, to 3,662.45.The Dow Jones Industrial Average gained 185.28 points, or 0.6%, to 29,823.92.The Nasdaq climbed 156.37 points, or 1.3%, to 12,355.11.The Russell 2000 index of smaller companies picked up 16.23 points, or 0.9%, to 1,836.05.For the week:The S&P 500 is up 24.10 points, or 0.7%.The Dow is down 86.45 points, or 0.3%.The Nasdaq is up 149.26 points, or 1.2%.The Russell 2000 is down 19.22 points, or 1%.For the year:The S&P 500 is up 431.67 points, or 13.4%.The Dow is up 1,285.48 points, or 4.5%.The Nasdaq is up 3,382.50 points, or 37.7%.The Russell 2000 is up 167.58 points, or 10%.The Associated Press
TORONTO — DesRosiers Automotive Consultants Inc. says sales of cars and trucks fell in November as COVID-19 restrictions returned.The consultancy says 128,351 cars and trucks were sold last month, down 10.4 per cent from a year ago. DesRosiers says the November decline marks a pull back from strong performances in September and October.DesRosiers managing partner Andrew King says the auto market is still relatively strong compared with this spring, after sales fell nearly 75 per cent from their year-ago levels in April.But the consultants say auto sales are still set to be down about 20 per cent this year compared with 2019, between spring's lockdowns and new COVID-19 restrictions.DesRosiers now estimates that 2020 auto sales will total slightly more than 1.5 million for the full year.“It was always apparent that the recovery in the market was never going to be a straight line," said King in a statement. This report by The Canadian Press was first published Dec. 1, 2020.The Canadian Press