Rescue aircraft and ships scoured the sea north of Bali on Friday as the hunt for a missing Indonesian submarine with 53 crew on board reached a critical phase due to limited supplies of oxygen aboard the 44-year-old vessel. More navy ships left the Indonesian base of Banyuwangi early on Friday to head to the Bali Sea where contact was lost with the KRI Nanggala-402 on Wednesday during a torpedo drill. "The main priority is the safety of the 53 crew members," President Joko Widodo said late on Thursday, calling for an all-out effort to find the vessel.
VICR earnings call for the period ending March 31, 2021.
Image source: The Motley Fool. DMC Global Inc. (NASDAQ: BOOM)Q1 2021 Earnings CallApr 22, 2021, 5:00 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood afternoon, ladies and gentlemen, and welcome to the DMC Global first quarter earnings call.
Good afternoon, everyone, and welcome to Associated Banc-Corp's First Quarter 2021 Earnings Conference Call. As you can see from the chart on the right, the most significant drop in our realized yields was in our residential mortgage portfolio, which came down by 21 basis points, reflecting the impact of prepayments and refi activity on the books.
Mike Knapp, please go ahead. Forward-looking statements in this call will include comments about demand for company products, anticipated trends in company sales, expenses and profits and involve a number of risks and uncertainties that could cause actual results to differ materially from current expectations.
Meredith Grey shared her final moments with late husband Derek Shepherd before waking up after her long battle with COVID-19
At this time, I would like to turn the conference over to Mr. David Atchley, Vice President of Investor Relations and Corporate Treasurer. Joining me are Jim Bidzos, Executive Chairman and CEO; Todd Struby, President and COO; and George Kilguss, Executive Vice President and CFO.
Image source: The Motley Fool. CalAmp Corp (NASDAQ: CAMP)Q4 2021 Earnings CallApr 22, 2021, 4:30 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorWelcome to CalAmp's Fourth Quarter 2021 Financial Results Conference Call.
STX earnings call for the period ending March 31, 2021.
At this time, I would like to turn the conference call over to Mr. Dan Schrider. Thank you for joining us for our conference call to discuss Sandy Spring Bancorp's performance for the first quarter of 2021. This is Dan Schrider speaking, and I'm joined here by my colleagues Phil Mantua, Chief Financial Officer; and Aaron Kaslow, General Counsel for Sandy Spring Bancorp.
(Bloomberg) -- Oil rose as investors assessed a patchwork recovery in energy demand, with signs of a rebound from the pandemic in some countries such as the U.S. mixed with setbacks in parts of Asia where the virus is still rampant.West Texas Intermediate gained 0.6% on Friday but remains on course for a weekly drop of around 2%, extending April’s pattern of alternating between weekly gains and losses as investors respond to the complex mosaic of signals. Among the latest were evidence of rising U.S. and U.K. gasoline demand, but also a virus wave in India that’s set a global record for daily infections.Oil remains more than 25% higher in 2021, aided by the roll-out of Covid-19 vaccines and vigilant supply management from the Organization of Petroleum Exporting Countries and its allies. But the bulk of crude’s advance came in the first two months of the year, and prices have struggled since. OPEC+ is set to start easing deep supply curbs from May, and the group is expected to hold a full ministerial meeting next week to assess the global state of play.“The market is caught between the current short-term weakness and what looks to be better days ahead,” said Howie Lee, an economist at Oversea-Chinese Banking Corp., who warned that volatility might pick up.As India’s outbreak worsens, the nation’s combined consumption of diesel and gasoline is poised to plunge by as much as 20% in April from a month earlier due to renewed restrictions, according to officials from refiners and fuel retailers. Meanwhile, Japan is facing an increase in cases and a state of emergency will be declared from Sunday to May 11 in cities including Tokyo.Elsewhere in the region, there’s concern about the potential for a rise in cases and curbs around Ramadan, when millions of people head home to regional towns from urban centers. Southeast Asia’s biggest predominantly Muslim nations, Indonesia and Malaysia, are tightening movement restrictions to avert a possible surge. The month-long fasting period ends in mid-May.At present, OPEC+ is planning to add more than 2 million barrels of oil a day in stages over the three months to July, betting that overall demand will be robust enough to absorb the incremental supply. This week, Russia’s Deputy Prime Minister Alexander Novak said that the market looks balanced.In the Middle East, Yemen’s Houthi rebels said they attacked several targets including a Saudi Aramco facility in Jazan with explosive-laden drones. Saudi Arabia said it had intercepted and destroyed three drones aimed at the site, according to state-run television. Attacks on Saudi cities and energy installations have risen this year, though they rarely cause extensive damage.Brent’s prompt timespread was 67 cents a barrel in backwardation, up from 40 cents at the start of April. That’s a bullish pattern, with near-term prices above those further out. So far in 2021, the spread has averaged 39 cents.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.
The Melbourne Cricket Ground (MCG) could host crowds of 85,000 for Australian Rules football matches this weekend after authorities raised an attendance cap at the stadium on Friday. The Australian Football League (AFL) had hoped the 100,000-seat MCG might be allowed full capacity for Sunday's traditional ANZAC Day blockbuster between the Collingwood Magpies and Essendon Bombers.
Nikola Vucevic scored 18 points and matched a season high with 16 rebounds, Coby White and Thaddeus Young scored 18 apiece, and the Chicago Bulls beat the struggling Charlotte Hornets 108-91 on Thursday night. The Bulls built a 14-point halftime lead and put this one out of reach in the third quarter on the way to their third win in four games. Held to a season-low nine points in a lopsided loss at Cleveland the previous night, the two-time All-Star center asserted himself in a big way.
Jim Steinman was an ultimate officiant in the marriage of rock ‘n’ roll and theater. The songwriter, who died April 19, only had a handful of productions play out on the legit stage, including “Dance of the Vampires,” “Whistle Down the Wind” and, finally, “Bat Out of Hell: The Musical.” But it really wouldn’t have […]
Australia has received only 70% of Covid vaccine doses the government expected by now. Based on data from 14 March, there is a shortfall of about 1.5m coronavirus vaccine doses in the country
The singer stars in the romantic comedy alongside Josh Duhamel and Lenny Kravitz
(Bloomberg) -- Japan won’t meet goals consistent with the Paris Agreement under its latest climate pledge, according to environmental groups that were critical of new targets announced by Prime Minister Yoshihide Suga Thursday.The country aims to reduce greenhouse gas emissions by 46% by 2030 compared with 2013, Suga said before the global climate summit hosted by U.S. President Joe Biden. The world’s fifth-biggest polluter needs to cut emissions by at least 60% by 2030, to keep average global temperatures from rising more than 1.5 degree Celsius from pre-industrial levels, according to Greenpeace.The revision comes after Suga pledged in October that the world’s third-biggest economy will become carbon neutral by 2050. The U.S. is pushing some of the world’s biggest emitters of greenhouse gases to more aggressively curb pollution.“Responding to climate change will be a driving force of Japan’s economic growth,” Suga told reporters in Tokyo. “As a country that supports the world’s manufacturers, we would like to lead the global discussion by setting an ambitious goal.”While not an official goal, Suga said that Japan will challenge itself to reduce emissions by 50% by 2030. The country had previously targeted a 26% reduction. A group of more than 170 businesses have called on Tokyo to set a domestic emissions reduction target of 50% and above by 2030.“This is a significant step in the right direction, but still not sufficient,” Kimiko Hirata, international director of the Kiko Network, a non-profit environmental group, said in a statement. Japan needs to keep pace with emissions cut targets in the U.S. and the U.K. and “exit from coal-fired electricity by no later than the end of this decade,” she said.The new emissions reduction goal will require Japan to double renewables, Environment Minister Shinjiro Koizumi said Friday, according to Kyodo News. Shares of some Japanese green-energy firms advanced with renewable operator Renova Inc. rising as much as 6% and real estate and clean energy producer Ichigo Inc. rallying as much as 7.7%.Around 40 nations joined Biden’s virtual climate summit Thursday and Friday. The White House pledged to halve emissions of greenhouse gases by 2030 from 2005 levels and double climate aid to developing nationsRead More: Japan’s Green Future Requires Returning to Its Nuclear PastJapan will need to accelerate the expansion of renewables and restart all of the nuclear power plants idled after the 2011 Fukushima meltdowns to meet Suga’s 2050 climate target, some members of a government panel studying how to decarbonize Japan’s economy have concluded.“The government will provide support measures to maximize utilization and investment in zero-carbon power sources, such as renewables,” Suga said. “I will task each ministry to accelerate considerations on how to tackle this.”(Updates with minister comment in seventh paragraph.)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.
Avril Haines said the U.S. would address the phenomenon “not just to protect national security for America, but to protect human security around the world.”
Derrick White had 26 points, Jakob Poeltl added 17 points and 11 rebounds and the San Antonio Spurs beat the Detroit Pistons 106-91 on Thursday night to snap a five-game home losing streak. Lonnie Walker added 18 points and Rudy Gay had 14 for San Antonio. Josh Jackson had 29 points to lead Detroit.
Tokyo, Osaka, Kyoto, and Hyogo are under a state of emergency in a bid to control a surge in COVID-19 cases.