London’s top flight closed 53.54 points higher, or 0.76%, at 7,129.71 on Friday.
Image source: The Motley Fool. Endo International plc (NASDAQ: ENDP)Q1 2021 Earnings CallMay 7, 2021, 7:30 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood day, and thank you for standing by.
AVLR earnings call for the period ending April 30, 2021.
Hilton Schlosberg, our Vice Chairman and my Co-Chief Executive Officer, is on the call as is Tom Kelly, our Chief Financial Officer. Currently, the company does not foresee a material impact on the ability of its co-packers to manufacture and its bottlers and distributors to distribute its products as a result of the COVID-19 pandemic.
"This was just a rare breakthrough case," NBA star Damion Lee said
PRESS RELEASE Paris La Défense, 7 May 2021 Information on a cyber attack A "ransomware" type virus attack was detected on Albioma's IT network on Tuesday, 4 May. Albioma's IT teams, along with cybersecurity experts, are fully mobilised to restore the situation as soon as possible. The complete diagnosis is being finalised; no data breach has been detected for the time being. To date, the attack has had no impact on industrial operations. All of the Group's power plants are operating normally and have been isolated from the office network affected by the intrusion. Next on the agenda: Shareholders’ Meeting, 25 May 2021 at 3pm. About Albioma Contacts An independent renewable energy producer, Albioma is committed to the energy transition thanks to biomass and photovoltaics. Albioma operates in Overseas France, France metropolitan, Mauritius and Brazil. For 25 years, it has developed a unique partnership with the sugar industry to produce renewable energy from bagasse, the fibrous residue of sugar cane. Albioma is the leading producer of photovoltaic energy in Overseas France, where the company builds and operates innovative projects with storage, Albioma has strengthened its position in mainland France. Recently, the Group announced the acquisition of a geothermal power plant in Turkey. InvestorJulien Gauthier+33 (0)1 47 76 67 00 MediaCharlotte Neuvy+33 (0)1 47 76 66 firstname.lastname@example.org Albioma is listed on the Euronext Paris compartment A, is eligible for the deferred settlement service (SRD), PEA and PEA-PME plans and is included in the SBF 120 and CAC Mid 60. The Group is also included in the Gaïa-Index, an index for socially responsible midcaps. www.albioma.com Attachment 20210507_Albioma_CP_ENG
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Nicola Sturgeon plays down SNP prospects after pro-UK tactical voting. First minister says majority is ‘very long shot’ as results show strong support for defending candidates of other parties
The "Global Pharmacogenomics Market 2021-2026" report has been added to ResearchAndMarkets.com's offering.
Residents angry after fire at east London high-rise with Grenfell-style panels. Blaze tore through flats at New Providence Wharf in Tower Hamlets on Friday morning
(Bloomberg) -- Oil is poised for a weekly advance as expectations for growing economic activity in nations from the U.S. to Europe fueled optimism around stronger summer demand.Futures in New York oscillated between gains and losses Friday morning in choppy trading following a disappointing U.S. jobs report but are on track for the first back-to-back weekly increase since early March. Fuel sales in the U.K. rose to the highest since the pandemic again, and in the U.S., the summer driving season is approaching and refineries are gearing up. They’re processing crude at the highest levels in a year.“Traveling by air here in the U.S. and driving -- we expect to continue to see upward strength in the days and weeks ahead,” said Tariq Zahir, managing member of the global macro program at Tyche Capital Advisors LLC. Declining crude inventories and progress in reopenings in the U.S. are boosting oil prices, he said.Crude’s advance this week comes amid strength in the broader commodities sector. The head of UBS Commodities said this week in a Bloomberg Television interview that he expects commodities to rally further, in part due to supply discipline from the Organization of Petroleum Exporting Countries and its allies. While the group is gradually restoring some output, they’re confident the market can absorb the extra production.“The strong recovery of demand in the second half of the year, coupled with continued good production discipline on the part of OPEC+, is likely to tighten supply considerably and lend support to oil prices,” said Eugen Weinberg, head of commodities research at Commerzbank AG.The disappointing jobs report supports a weaker dollar in the short term, which will add fuel to the commodity rally, said Ed Moya, senior market analyst at Oanda Corp.With crude prices gaining this week, trading of oil options that could profit from a move up toward $90 and $100 a barrel has surged. The equivalent of more than 30 million barrels of $100 calls have changed hands so far this week.However, there are still lingering concerns around the spreading coronavirus in India, the third-largest oil importer. While a model prepared by advisers to Prime Minister Narendra Modi suggests the outbreak could peak in the coming days, the group’s projections have been changing and were wrong last month.“Despite all the optimism we’re seeing in Europe and in the U.S., you’re going to see prices remain steady,” said Moya. “Eventually, it’ll take off once the demand outlook improves across most of Asia.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Transaction in own shares
Press Secretary Jen Psaki and Janet Yellen, the secretary of the treasury, hold a briefing at the White House.
Steep rise in flight and holiday prices as UK travel green list looms. Hike in prices fuelled by limited flights to quarantine-free holiday destinations
Happy birthday, little ones! From Lucia to Greyson, Evelyn and Boomer, see which celebrity babies and kids are celebrating their big days this month
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(Bloomberg) -- President Joe Biden said April’s job gains that were far short of expectations show the need for his plans to boost the economy, rejecting the idea that enhanced unemployment-insurance benefits are keeping Americans from filling millions of vacancies.“It’s clear we have a long way to go,” Biden said at the White House on Friday. “We’re still digging out of an economic collapse that cost us 22 million jobs.”He said money is still being distributed from a $1.9 trillion coronavirus rescue plan he signed in March. “Today’s report just underscores my view of how vital the actions we’re taking are,” he said.The weak data may give a boost to Biden’s $6 trillion economic agenda by blunting arguments that the stimulus legislation he signed in March, combined with his proposed expenditures for infrastructure and social programs, would spur crippling inflation.The fate of Biden’s economic plans rests with the narrowly divided Congress. Passing his proposed $4 trillion worth of long-term spending increases and tax credits, spanning infrastructure to social programs including child care and education, will depend on where lawmakers can find compromise.The jobs report gives Biden a new argument as he seeks support from voters and lawmakers. Employers added 266,000 jobs last month and the jobless rate edged up to 6.1%, the Labor Department said, compared with forecasts for a 1 million increase in payrolls and a drop in unemployment.Spending PlansRepublicans in Congress have balked at the scope and size of the proposals. Democrats have been less united on the overall size of the proposals than they were in approving Biden’s virus aid package. The new spending plans could be debated by Congress well into the fall or even 2022.Republicans and companies seized on the jobs numbers to blame the extra $300 weekly unemployment benefits extended in March -- which run through September -- as keeping workers from filling job openings. Biden said there has been “nothing measurable” from the benefits’ impact on job growth.“Today’s report is a rebuttal of the loose talk that Americans just don’t want to work,” Biden said. “The data shows that more workers are looking for jobs and many can’t find them.”While he acknowledged that “I know some employers are having trouble filling jobs,” he said most middle-class and working-class Americans that he knows feel that “a job is a lot more than a paycheck” and value the dignity of work.Corporate TaxBiden has opened the door to compromise and hinted he could support a lower increase in the corporate tax rate than he had initially floated.Labor Secretary Marty Walsh told Bloomberg Television in an interview that under normal circumstances, Friday’s jobs numbers would have indicated a “great month.” But he conceded: “We still have a steep climb, we still have a ways to go.”Some economists have raised concern that Biden’s proposals could overheat the economy.Businesses have also criticized the enhanced unemployment-insurance benefits in the relief bill as keeping workers at home and making it tougher for firms to fill vacant positions. It’s an argument Republicans have embraced, though economists have questioned how strong that dynamic is.“The evidence that large numbers of Americans are choosing to stay at home because unemployment benefits are enough for them is substantially overstated,” said Carl Tannenbaum, chief economist at Northern Trust in Chicago. He pointed out that many states end their support after 27 weeks.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
L'Oreal's make-up sales are set to bounce back to pre-COVID-19 pandemic levels, the French group's new chief executive said on Friday, with women opting for brighter colours in their post-crisis makeovers. Nicolas Hieronimus, a L'Oreal veteran has become CEO just as vaccinations alter the landscape again, prompting not only a return of products like mascaras but other changes the firm may have to adapt to as people try to break with the crisis.
The government has updated its coronavirus travel advice.
(Bloomberg) -- Stocks climbed after weaker-than-estimated U.S. jobs data stunned investors, easing fears about higher inflation and a stimulus cutback. The dollar slumped, while Treasuries fluctuated.The long-awaited employment report rattled markets, with payrolls up only 266,000 in April, trailing the projected 1 million surge. With the softer figures signaling challenges to the economic recovery, investors piled back into the perceived safety of pandemic darlings -- megacap companies flush with cash. Tech shares led gains in the S&P 500, while financial, industrial and commodity stocks lagged behind. The Nasdaq 100 outperformed major equity benchmarks.A gauge of giant growth companies such as Facebook Inc., Apple Inc., Amazon.com Inc., Netflix Inc., and Alphabet Inc.’s Google climbed. Stay-at-home stocks battered all week amid rising concern that inflation was imminent also rallied, with Roku Inc. jumping 11% while Zoom Video Communications Inc. added 2%.“It’s a big surprise,” said Matt Maley, chief market strategist at Miller Tabak & Co. “It’s going to throw a big wrench in the works of the big rotation trade we’ve seen recently. The decline in U.S. 10-year yield is going to hurt the banks and help the techs. It should also cause some problems for commodities which have been rallying very strongly in expectations of higher inflation.”Read: Faang Rout Is Reconsidered After Jobs Data: Wall Street ReactsInflation worries have been mounting against a backdrop of soaring commodities prices. Federal Reserve Bank of Minneapolis President Neel Kashkari told Bloomberg Television that he has “zero sympathy” for critics on Wall Street, who slam the central bank’s aggressive support of the U.S. economy while millions of Americans remain out of work.“We need to rebuild this labor market and put them back to work. Then there will be plenty of time to normalize monetary policy,” he said.These are some of the main moves in markets:StocksThe S&P 500 rose 0.7% as of 12:23 p.m. New York timeThe Nasdaq 100 rose 1.2%The Dow Jones Industrial Average rose 0.4%The MSCI World index rose 0.9%CurrenciesThe Bloomberg Dollar Spot Index fell 0.6%The euro rose 0.7% to $1.2155The British pound rose 0.7% to $1.3988The Japanese yen rose 0.5% to 108.59 per dollarBondsThe yield on 10-year Treasuries was little changed at 1.57%Germany’s 10-year yield advanced one basis point to -0.22%Britain’s 10-year yield declined two basis points to 0.77%CommoditiesWest Texas Intermediate crude rose 0.3% to $65 a barrelGold futures rose 0.9% to $1,832 an ounceFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.