Pea Starch Market Size, Share, Growth Drivers, Emerging Trends, Key Segments, Leading Players, and Forecast - 2029TOKYO — Japanese automakers Honda and Nissan announced plans to work toward a merger that would form the world's third-largest automaker by sales, as the industry undergoes dramatic changes in its transition away from fossil fuels. The two companies said they signed a memorandum of understanding on Monday and that smaller Nissan alliance member Mitsubishi Motors Corp. also agreed to join the talks on integrating their businesses. Automakers in Japan lag behind their big rivals in electric vehicles and are trying to cut costs and make up for lost time as newcomers such as China's BYD and EV market leader Tesla devour market share. Honda's president, Toshihiro Mibe, said Honda and Nissan will attempt to unify their operations under a joint holding company. Honda will lead the new management, retaining the principles and brands of each company. They aim to have a formal merger agreement by June and to complete the deal and list the holding company on the Tokyo Stock Exchange by August 2026, he said. People are also reading... Nebraska Gov. Jim Pillen hospitalized at UNMC after falling from horse Nebraska volleyball falls to Penn State in 5 sets in Final Four: How it happened Nebraska volleyball libero Lexi Rodriguez signs to play with Omaha pro team Nebraska QB Dylan Raiola addresses transfer portal speculation: 'It was unfortunate' Longtime Wahoo boys basketball coach Kevin Scheef resigns Amie Just: Lexi Rodriguez deserved a national title. For her career to end like this? Gutting Final Four volleyball: Roca native a regular for No. 1 Pitt; Kennedi Orr's impact on Nebraska 'Multiple wins for me': Lincoln North Star rallies from double-digit deficit hours after coach's son is born Nebraska volleyball laments being a 'couple plays' short of finishing off Penn State 3 Nebraska starters still with team to miss bowl game with mix of injuries, opt outs Here's a list of Lincoln restaurants open on Christmas Eve, Christmas Day Man killed in Friday night crash north of Lincoln Nebraska Gov. Jim Pillen sustained fractured ribs, lacerated spleen in fall from horse Penn State swipes Final Four match from Nebraska, which was one point away The Journal Star's 2024 Super-State and all-state football teams No dollar value was given and the formal talks are just starting, Mibe said. There are "points that need to be studied and discussed," he said. "Frankly speaking, the possibility of this not being implemented is not zero." A merger could result in a behemoth worth more than $50 billion based on the market capitalization of all three automakers. Together, Honda, Nissan and Mitsubishi would gain scale to compete with Toyota Motor Corp. and with Germany's Volkswagen AG. Toyota has technology partnerships with Japan's Mazda Motor Corp. and Subaru Corp. News of a possible merger surfaced earlier this month, with unconfirmed reports saying Taiwan iPhone maker Foxconn was seeking to tie-up with Nissan by buying shares from the Japan company's other alliance partner, Renault SA of France. Nissan's CEO Makoto Uchida said Foxconn had not directly approached his company. He also acknowledged that Nissan's situation was "severe." Even after a merger, Toyota, which rolled out 11.5 million vehicles in 2023, would remain the leading Japanese automaker. If they join, the three smaller companies would make about 8 million vehicles a year. In 2023, Honda made 4 million, and Nissan produced 3.4 million. Mitsubishi Motors made just more than 1 million. "We have come to the realization that in order for both parties to be leaders in this mobility transformation, it is necessary to make a more bold change than a collaboration in specific areas," Mibe said. Nissan, Honda and Mitsubishi earlier agreed to share components for electric vehicles like batteries and to jointly research software for autonomous driving to adapt better to electrification. Nissan struggled following a scandal that began with the arrest of its former chairman, Carlos Ghosn, in late 2018 on charges of fraud and misuse of company assets, allegations that he denies. He eventually was released on bail and fled to Lebanon. Speaking Monday to reporters in Tokyo via a video link, Ghosn derided the planned merger as a "desperate move." From Nissan, Honda could get truck-based body-on-frame large SUVs such as the Armada and Infiniti QX80 that Honda doesn't have, with large towing capacities and good off-road performance, Sam Fiorani, vice president of AutoForecast Solutions, told The Associated Press. Nissan also has years of experience building batteries and electric vehicles, and gas-electric hybrid powertrains that could help Honda in developing its own EVs and next generation of hybrids, he said. The company said in November that it was slashing 9,000 jobs, or about 6% of its global workforce, and reducing its global production capacity by 20% after reporting a quarterly loss of $61 million. It recently reshuffled its management and Uchida, its chief executive, took a 50% pay cut while acknowledging responsibility for the financial woes, saying Nissan needed to become more efficient and respond better to market tastes, increasing costs and other global changes. "We anticipate that if this integration comes to fruition, we will be able to deliver even greater value to a wider customer base," Uchida said. Fitch Ratings recently downgraded Nissan's credit outlook to "negative," citing worsening profitability, partly because of price cuts in the North American market. But it noted it has a strong financial structure and solid cash reserves that amounted to $9.4 billion. Nissan's share price also fell to the point where it is considered something of a bargain. On Monday, its Tokyo-traded shares gained 1.6%. They jumped more than 20% after news of the possible merger broke last week. Honda's shares surged 3.8%. Honda's net profit slipped nearly 20% in the first half of the April-March fiscal year from a year earlier, as its sales suffered in China.
FRISCO - How are the Dallas Cowboys impacted by the Friday release of New York Giants quarterback Daniel Jones? In one way. And it’s not the one way that “the casuals and the nationals” seem to think. Cowboys coach Mike McCarthy was actually asked on Friday to reflect on the sudden availability of the failed first-round quarterback and offered a polite answer. “I’ve never really been in the business of looking at players based off the team they are released from, especially with the timing of the next game,” McCarthy said. “He was a prospect I really liked coming out, but we kind of have our head down right now and really focused on working with the guys we have here.” McCarthy’s remark confirms what a Cowboys source had previously told us: Dallas has no interest in signing Jones at this time. That doesn’t mean there aren’t legit arguments to the contrary. For instance ... Is Jones better than incumbent backups Cooper Rush and Trey Lance? Maybe. But that’s only part of the equation here. Simply saying “Sign Daniel Jones” omits the details. ... including cost and years and whether, in the end, 3-7 Dallas really wants to get incrementally better for this meaningless stretch run. Starting quarterback Dak Prescott, who signed a $240 million contract extension on opening Sunday of the 2024 season, was lost for the rest of this year due to a season-ending hamstring injury sustained in a Week 9 loss at Atlanta. The Cowboys insist they are trying to win with Rush, and they insist they want to see more of third-stringer Trey Lance, too. Jones in Dallas would create a lot of masters to serve ... especially when he will likely be a free agent next March, at which time the Cowboys can make a serious examination of him. Related: Commanders’ Joe Whitt Scouts Cowboys' Cooper Rush But right now? Most “casuals and nationals” seem to think it would be “funny” for Dallas to sign him in time to let him start for the Cowboys against the Giants, now QB’ed by their third-stringer Tommy DeVito. And the problem with that concept, frankly? Yes. It would be hilarious. But isn’t the Cowboys franchise already “un-serious” enough as it is? Related: Cowboys Insider Predicts Major All-Pro Absence at Commanders
Why our solar power surge is a problem
Riggs Asset Managment Co. Inc. lifted its holdings in NVIDIA Co. ( NASDAQ:NVDA – Free Report ) by 7.9% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 103,143 shares of the computer hardware maker’s stock after purchasing an additional 7,588 shares during the period. NVIDIA comprises 3.4% of Riggs Asset Managment Co. Inc.’s holdings, making the stock its 4th biggest position. Riggs Asset Managment Co. Inc.’s holdings in NVIDIA were worth $12,526,000 as of its most recent SEC filing. Other hedge funds and other institutional investors also recently bought and sold shares of the company. Koesten Hirschmann & Crabtree INC. acquired a new stake in shares of NVIDIA in the first quarter worth $27,000. Lowe Wealth Advisors LLC purchased a new position in NVIDIA during the second quarter valued at $25,000. DHJJ Financial Advisors Ltd. lifted its holdings in NVIDIA by 1,900.0% during the second quarter. DHJJ Financial Advisors Ltd. now owns 200 shares of the computer hardware maker’s stock valued at $25,000 after purchasing an additional 190 shares in the last quarter. Christopher J. Hasenberg Inc purchased a new position in shares of NVIDIA in the third quarter worth about $27,000. Finally, CGC Financial Services LLC purchased a new position in shares of NVIDIA in the second quarter worth about $26,000. Hedge funds and other institutional investors own 65.27% of the company’s stock. Insider Activity In related news, Director John Dabiri sold 716 shares of the company’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $142.00, for a total value of $101,672.00. Following the completion of the sale, the director now directly owns 19,942 shares in the company, valued at approximately $2,831,764. This represents a 3.47 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link . Also, CEO Jen Hsun Huang sold 120,000 shares of the company’s stock in a transaction on Monday, September 9th. The stock was sold at an average price of $105.33, for a total transaction of $12,639,600.00. Following the completion of the sale, the chief executive officer now owns 75,895,836 shares of the company’s stock, valued at $7,994,108,405.88. This represents a 0.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders have sold a total of 1,796,986 shares of company stock worth $214,418,399 in the last ninety days. Corporate insiders own 4.23% of the company’s stock. NVIDIA Price Performance NVIDIA ( NASDAQ:NVDA – Get Free Report ) last posted its quarterly earnings results on Wednesday, November 20th. The computer hardware maker reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.12. NVIDIA had a return on equity of 114.83% and a net margin of 55.69%. The company had revenue of $35.08 billion for the quarter, compared to analysts’ expectations of $33.15 billion. During the same quarter in the prior year, the company earned $0.38 earnings per share. The firm’s revenue was up 93.6% on a year-over-year basis. Equities research analysts anticipate that NVIDIA Co. will post 2.76 earnings per share for the current fiscal year. NVIDIA declared that its board has initiated a stock buyback program on Wednesday, August 28th that allows the company to repurchase $50.00 billion in shares. This repurchase authorization allows the computer hardware maker to buy up to 1.6% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s leadership believes its stock is undervalued. NVIDIA Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Thursday, December 5th will be issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.03%. The ex-dividend date of this dividend is Thursday, December 5th. NVIDIA’s dividend payout ratio is currently 1.57%. Analyst Upgrades and Downgrades Several equities analysts have recently weighed in on the stock. Stifel Nicolaus raised their price target on shares of NVIDIA from $165.00 to $180.00 and gave the stock a “buy” rating in a research note on Tuesday, November 19th. Citigroup raised their price objective on shares of NVIDIA from $170.00 to $175.00 and gave the stock a “buy” rating in a research report on Thursday, November 21st. Morgan Stanley raised their price objective on shares of NVIDIA from $150.00 to $160.00 and gave the stock an “overweight” rating in a research report on Monday, November 11th. Evercore ISI lifted their price target on shares of NVIDIA from $189.00 to $190.00 and gave the company an “outperform” rating in a research report on Thursday, November 21st. Finally, William Blair assumed coverage on shares of NVIDIA in a research note on Wednesday, September 18th. They issued an “outperform” rating for the company. Four research analysts have rated the stock with a hold rating, thirty-nine have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, NVIDIA presently has an average rating of “Moderate Buy” and a consensus target price of $164.15. View Our Latest Research Report on NVIDIA NVIDIA Company Profile ( Free Report ) NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications. Further Reading Five stocks we like better than NVIDIA What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story Fast-Growing Companies That Are Still Undervalued How to Invest in Small Cap Stocks Top Cybersecurity Stock Picks for 2025 Russell 2000 Index, How Investors Use it For Profitable Trading Archer or Joby: Which Aviation Company Might Rise Fastest? Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Co. ( NASDAQ:NVDA – Free Report ). 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When McLaren CEO Zak Brown first joined the Formula 1 team back in 2016, he admitted some surprise about what he found - and not in a good way. From the excitement about joining his favourite squad, the reality check of the 'chaos' he walked into was not an easy one to deal with. As he sits down exclusively with Motorsport.com to reflect on his journey from that low point to get to where McLaren has become constructors’ champion, he admitted that the first impression was "a lot worse than I thought it was.” At the time, the struggles McLaren was facing with Honda were pretty clear to see – but the mistake that many made was thinking that its engine was its only deficit. For Brown, problems were everywhere. “I think we now know that wasn't even probably the biggest part of the issue,” added Brown, who saw problems with management, structure and sponsorship. “You had a revolving door in leadership and chaos at the board level, which has been well documented. “You had no adult supervision on the racing team and people. You've got leaders, but people need good leadership. “On-track sponsorship was at a record low and everything on the factory floor was a conspiracy theory. There was a lot of negativity. “We were way behind on development. I think there was almost an arrogance of ‘we are so good’ that we took our eye off of wind tunnels and CFDs. “So that's kind of what I walked into.” Making change The team work on the car of Fernando Alonso, McLaren in the garage. Photo by: McLaren Having spent the first part of his career as a sponsorship guru, Brown knew how to run a big business, but his switch to McLaren was the first time he had stepped into a management role with a racing team of such a scale. And being what he would even admit was a little bit wet behind the ears on that front meant he had to bat away any lack of self-confidence when it came to proving to the staff that he was in this for the long haul. “I'd been around racing, but actually standing up and talking to a racing team, when they're all staring at you, you could feel the: How long is this guy going to be around? “Everyone else had been around a year or two, and you could kind of feel that. So you had to portray confidence.” Brown says that the priority from day one was sorting out the senior figures, because if that was not right then everything else was doomed. “The first thing I did was change the leadership team, kind of one by one,” he said. “I didn't come in with that in mind, but I quickly identified this place needs new leadership. “Some people I hired I had worked with at JMI [the sponsorship agency founded by Brown]. Some people were brand new. And only one was an internal promotion, which was Laura [Bowden], now our CFO, because to have a great racing team, everything needs to fire on all cylinders, right? “If you're going to have great commercial success, it's got to have a huge fan base. You have got to have a great comms team to engage with the fans. You’ve got to sell sponsors to be able to hire the best people, to do a new wind tunnel. “It's not just have a great aerodynamic department. You've got to have that. But then there's everything that feeds into that.” While changes were taking place behind the scenes to give the Woking factory the management structure it needed, revolution was coming on track too. The Renault wake-up call Stoffel Vandoorne, McLaren MCL33 Photo by: Manuel Goria / Motorsport Images At the end of 2017, Brown moved to end the Honda partnership and switch the squad to customer Renault engines for the 2018 season, in a move that actually proved to be an awakening moment for a team that had led itself to believe its chassis was as good as anybody else’s out there. Brown added: “That was a great wake up call, because I think everyone thought we were just bolting a new engine in and here we are. But it was actually, ‘we’ve changed that, it’s a little better, but we’ve still got some big issues’ So I think that was healthy.” What followed then were those challenging Covid 2020/2021 campaigns where off track Brown battled to shore up the finances that had left it risking collapse without the support of its shareholders. Brown added: “We were definitely on the brink. We were paying all our bills, but we were months away, and not several months, from [shutting]. We knew we could make it through the year, but we were in a situation that if we didn't have a cash injection, we would have been at risk.” On track there was the unprecedented situation caused by the unique 2020/2021 campaigns of frozen car development where Brown felt the new team of Andreas Seidl and James Key had the good fortune to inherit a competitive package, and duly get the credit for the previous regime’s efforts. “Everyone kind of thought with the new people that had come in, Seidl, James Key ‘like, wow, look at what they've done in ‘21’ and it was actually the team before. So really the first time their collective work was seen was ’22.” A difficult start to that year, allied to problems Daniel Ricciardo faced, triggered concern for Brown. But the eureka moment for him that things were not where they needed to be came at that year’s French Grand Prix when a much hyped upgrade package failed to deliver. Brown said: “It didn't work, and the response from the leadership, that was not what I expected. I thought we're in trouble now. So I had some pretty serious conversations.” Over the summer break, Brown dealt with the Ricciardo issue as the team and driver reached a deal to end their partnership at the end of the year. Brown also decided, after Seidl had come to him saying he had signed a contract to join Audi, to agree to an early exit so he could make the internal change he wanted: putting current team boss Andrea Stella in charge. “I could have gone [to Seidl], ‘no, hang out your contract’. But it was like, no, actually, congratulations, you can join tomorrow. “I'd actually wanted Andreas Stella to run the team before I made that decision, but he had originally turned it down [over the 2019/2020 winter]. He felt he wasn't ready, and that's the type of guy Andrea is. He’s not ego-driven.” Brown recalls his second more successful attempt to convince Stella to join once it became clear that Seidl would be moving on. “I went: ‘Andrea, I really need you.’ He tells a funny story. I was calling, he was having an espresso, and he was like, I need another espresso! “He didn’t accept it on the first call. He was like, ‘let me think about this, it is a big ask.’ But ultimately, I got him over the line.” The Stella impact Zak Brown, CEO, McLaren Racing, Andrea Stella, Team Principal, McLaren F1 Team, congratulate each other Photo by: Sam Bloxham / Motorsport Images Brown tasked Stella with doing a root and branches review of the racing team to help shape it in a way that he felt would work best. And, while the Italian had not been willing to shake the tree in his previous capacity as an engineer, now he was in a different role. “I asked him to look at everything. He'd obviously been paying attention, and he's a guy who stays in his lane of authority. But now I was like: ‘I want you to have total authority.’ “We knew the start of '23 was going to be a mess. We made some changes. James Key and Tony Salter, left, and it empowered people like Pete Prodromou, who had been a bit sidelined. “We just put the right guys back in charge, because we didn't really make many new hires. We just restructured it. We then told the media: ‘We're going to have a terrible start to ’23.' And we were spot on! “Then there was the hard part. We were getting blasted by everyone, but our partners were hanging in there, because we'd been on a nice journey, and the shareholders were totally hanging in there. “They all wanted to know, what are you doing? You need to fix this! But I never felt that they weren't going to give me the opportunity.” That beginning of 2023 offered a disconnect between the results the team was delivering on track and the rapid rate of progress with upgrades that was taking place at the factory. Brown said: “We started to see a rate development. Then we had this weird dynamic of getting killed on the race track and publicly slaughtered, with a quiet confidence back at the factory. “I think what was good was we knew we were going to be bad in ‘23 and we called our shot. So it wasn't like we were scratching our head. We knew we weren't going to be good. “At this point, we had got plenty of sponsorship and there was a lot of belief in Andrea's leadership, and that leadership team were firing on all cylinders, right? Across finance, HR, comms, commercial. We were very united, and it made us stronger.” The final steps Lando Norris, McLaren F1 Team, 1st position, Zak Brown, CEO, McLaren Racing, and the McLaren team celebrate in Parc Ferme Photo by: Steven Tee / Motorsport Images Confirmation of the upwards trajectory came at the 2023 Austrian Grand Prix, when a planned big upgrade did the job. “Andrea kind of called his shot at Austria, which was out of character for him,” added Brown. “He was like, ‘oh, that's going to be a big one.’ “We rolled it out on Lando's car. It was strong, but then afterwards we knew Lando was always good there, so was it him or was it the car? But then at Silverstone it was 'wow'.” From that moment on, McLaren has built on its form. Developments have worked and the progress has been steady so that when that Miami upgrade arrived in May this year, it catapulted the squad to the front. Brown thinks McLaren is now back to the kind of team that he originally fell in love in. “I think we're on our A-game now,” he said. “We've got the best sponsor portfolio on the grid. I think we have record revenues. We are profitable, which is a sign of the success we've had on track. “But we go racing for trophies, not for economics. I think we're back to the McLaren I knew, which was, 'oh did you see what McLaren did on track or off track.' And I put it all down to people at the end of the day. “We've all got great wind tunnels. We've all got great CFD. But it's the people that make the difference.” And the key focus for Brown now, as his squad celebrates that first F1 constructors’ title since 1998, is ensuring it doesn’t drop the ball now. “If you look at some of the other teams out there, that have got great technology, great drivers, and kind of slid backwards, I think it's because the culture's not where it needs to be,” he said. “My primary goal now is to bottle up what we have right now, add to it where I can, but not let anyone eat, as Andrea calls them, the poison biscuits – which is the politics internally, or the politics that people try and lob in. “It's easy to happen when we have a bad weekend or a weekend we could have done better, but the way Andrea is able to pick the team up and go 'don't go there' it is amazing. It's don't start blaming each other. We're a team. It's just kept us really solid.”
NoneMONROE TOWNSHIP, N.J., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Ocean Power Technologies, Inc. ("OPT" or "the Company") (NYSE American: OPTT), today announced preliminary financial results for the second quarter ended October 31, 2024 (Q2FY25). The preliminary results included in this press release are subject to change and have not been audited or reviewed by our independent auditor. The Company expects to file its second quarter financial results and update in mid‐December. Preliminary Q2FY25 Financial Highlights (All figures are preliminary, unaudited, and subject to finalization): Revenue : Estimated to be greater than $2 million, compared to $0.9 million for the same period last year, representing a more than 2x increase. Net Loss : Anticipated net loss of approximately $4 million, compared to $7.2 million in the prior year period and representing a year-over-year decrease in net loss of more than 40%. Operating expenses have been reduced by approximately 40%, including reduced external expenditures leading to a material reduction in third party spend. Cash Used in Operating Activities : Estimated to be less than $4.7 million, compared to $7.5 million in the prior-year period and representing a year-over-year decrease of approximately 40%. Business and Operational Highlights During Q2FY25, the Company completed the second set of exercises of the previously announced follow-on contract as a subcontractor to EpiSci and successfully deployed several WAM-V autonomous surface vehicles during the Mission Autonomy Proving Grounds (MAPG) as part of Project Overmatch. Project Overmatch is a United States Navy initiative aimed at achieving a seamless and highly integrated warfighting capability by leveraging advanced data networks, artificial intelligence (AI), and machine learning. Under this contract, OPT continues to ruggedize and enhance the operational capability of its autonomous maritime technologies to support the U.S. military and its allies. The first set of exercises was concluded over the summer and the completion of these most recent exercises contributed to the revenue recognition noted above. The Company delivered several vehicles to customers in Latin America for commercial survey services. The Company signed its first service contract for multi-year support services for vehicles. Since the end of the quarter, OPT has received the final permits to install the previously announced PowerBuoy equipped with AT&Ts 5G equipment in Monterey Bay. The Company reaffirms its previously issued guidance that it believes it will reach profitability (excluding unanticipated extraordinary expenses) during the fourth quarter of calendar 2025. Performance to date reflects strong demand for products, effective cost management, and progress in strategic initiatives. Recent achievements, including recently announced partnerships and operational milestones regarding successful exercises and continued customer deliveries, further support the Company’s trajectory toward achieving this stated objective. Philipp Stratmann, OPT’s CEO and President, stated “We believe our preliminary results underscore the success of our strategic initiatives, such as focusing on national security and critical infrastructure solutions, coupled with targeted international expansion and our ability to execute for our customers. We have seen a recent uptick in demand for our services domestically and overseas and will continue to convert our pipeline to bookings and ultimately to revenue through future deliveries and additional opportunities to deploy our assets, and we remain committed to delivering long-term value for our shareholders. The success of our most recent quarter leads us to reconfirm our pathway to profitability in late calendar 2025.” CONFERENCE CALL AND WEBCAST INFORMATION A conference call to discuss OPT’s financial results will be held on Tuesday, December 17, 2024 at 9:00 AM EDT. Philipp Stratmann, CEO, and Bob Powers, CFO will host the call. The dial-in numbers for the conference call are 877-407-8291 or 201-689-8345. Live webcast: Webcast | Ocean Power Technologies FY2025 Q2 Earnings Conference Call (choruscall.com) Call Replay: Call replay will be available by telephone approximately two hours after the call's completion. You may access the replay by dialing 877-660-6853 from the U.S. or 201-612-7415 for international callers and using the Conference ID 13748550. Webcast Replay: The archived webcast will be on the OPT investor relations section of its website. INDIVIDUAL MEETING INFORMATION In an effort to increase relations with institutional investors, OPT management has dedicated time to hosting individual meetings with portfolio managers and analysts. If you are interested in scheduling a meeting with OPT management, please contact: Email: InvestorRelations@oceanpowertech.com , or Call: 609-730-0400 x401 ABOUT OCEAN POWER TECHNOLOGIES OPT provides intelligent maritime solutions and services that enable safer, cleaner, and more productive ocean operations for the defense and security, oil and gas, science and research, and offshore wind markets, including Merrows, which provides AI capable seamless integration of Maritime Domain Awareness Systems across platforms. Our PowerBuoy® platforms provide clean and reliable electric power and real-time data communications for remote maritime and subsea applications. We also provide WAM-V® autonomous surface vessels (ASVs) and marine robotics services. The Company’s headquarters is in Monroe Township, New Jersey, with an additional office in Richmond, California. To learn more, visit www.OceanPowerTechnologies.com . FORWARD-LOOKING STATEMENTS This release may contain forward-looking statements that are within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are identified by certain words or phrases such as "may", "will", "aim", "will likely result", "believe", "expect", "will continue", "anticipate", "estimate", "intend", "plan", "contemplate", "seek to", "future", "objective", "goal", "project", "should", "will pursue" and similar expressions or variations of such expressions. These forward-looking statements reflect the Company's current expectations about its future plans and performance. These forward-looking statements rely on a number of assumptions and estimates that could be inaccurate and subject to risks and uncertainties. Actual results could vary materially from those anticipated or expressed in any forward-looking statement made by the Company. Please refer to the Company's most recent Forms 10-Q and 10-K and subsequent filings with the U.S. Securities and Exchange Commission for further discussion of these risks and uncertainties. The Company disclaims any obligation or intent to update the forward-looking statements in order to reflect events or circumstances after the date of this release or to provide further interim updates in the future.
Highly touted high school QB commits to Colorado, possible indicator Sanders is staying in Boulder
Aries - (21st March to 19th April) Daily Horoscope Prediction says, Harness Your Inner Strength Your dynamic energy boosts personal connections and enhances career prospects. Stay open-minded and focus on nurturing relationships for long-term happiness. Today, Aries, your vibrant energy is contagious, positively impacting both your personal and professional life. It's a great time to connect with others and share ideas. While opportunities are on the horizon, maintaining balance is key. Stay open to feedback and make time for those you cherish. This approach will not only elevate your mood but also foster long-lasting relationships and success in your endeavors. Aries Love Horoscope Today: In love, your enthusiasm is likely to make a significant impact. Single Aries may find new romantic interests through casual social interactions, so be open to meeting new people. For those in relationships, it's a day to focus on your partner's needs. Showing appreciation through small gestures can enhance your bond and bring you closer. Remember, communication is crucial. Share your feelings openly to strengthen mutual understanding and emotional connection. Aries Career Horoscope Today: Professionally, you're in the spotlight today, Aries. Your ideas and leadership are likely to gain recognition, setting the stage for potential advancement. Use this opportunity to network and share your vision with colleagues. However, be mindful of overextending yourself. Prioritize tasks and manage your time effectively to ensure productivity without burnout. Stay receptive to constructive feedback, which can help refine your approach and contribute to your ongoing success. Aries Money Horoscope Today: Financially, today presents a good opportunity to evaluate your spending habits. You might discover areas where you can save or invest more wisely. Although it's tempting to make impulsive purchases, it's advisable to plan your expenses carefully. Consider seeking professional financial advice if you're thinking of long-term investments. Staying informed and making thoughtful decisions will lead to greater financial security and peace of mind in the future. Aries Health Horoscope Today: Your health is generally stable today, Aries, but it's essential to maintain your energy levels through balanced nutrition and regular exercise. Consider incorporating stress-relief practices, like meditation or yoga, into your routine to enhance mental well-being. Pay attention to your body's signals; rest when needed to avoid fatigue. By taking care of your physical and emotional health, you can sustain your vibrant energy and maintain a positive outlook throughout the day. Aries Sign Attributes Strength: Optimistic, Energetic, Sincere, Multitalented, Venturesome, generous, cheerful, curious Weakness: Reckless, Argumentative, Loud-mouthed, Impatient Symbol: Ram Element: Fire Body Part: Head Sign Ruler: Mars Lucky Day: Tuesday Lucky Color: Red Lucky Number: 5 Lucky Stone: Ruby Aries Compatibility Chart Natural affinity: Gemini, Leo, Sagittarius, Aquarius Good compatibility: Aries, Libra Fair compatibility: Taurus, Virgo, Scorpio, Pisces Less compatibility: Cancer, Capricorn By: Dr. J. N. Pandey Vedic Astrology & Vastu Expert Website: www.astrologerjnpandey.com E-mail: djnpandey@gmail.com Phone: 91-9811107060 (WhatsApp Only)
Vertical Aerospace Finalises Investment AgreementA train is due to arrive at the nation's busiest railway station five years late. Login or signup to continue reading After years of delays and disputes, the first service using a new fleet of intercity trains is due to pull in to Sydney's Central station shortly before 11am. The train left Newcastle at 8.21am on Tuesday - about five years after the first sets were originally due to enter service in NSW. The Korean-built trains were too wide to fit through some tunnels, too long for some platforms and faced opposition from the Rail, Tram and Bus Union due to plans for drivers to monitor platforms using CCTV, reducing staffing requirements. An agreement was eventually reached with the union after a long dispute with the former coalition government and modifications were made locally beginning in August 2023. Transport Minister Jo Haylen said it should not have taken so long for the trains to enter service, but they were finally taking passengers along the Newcastle and Central Coast lines. Passengers along the Blue Mountains, Illawarra and South Coast lines will have to wait a while longer, but Ms Haylen said it would be worth it. "These state-of-the-art trains will make travel between Sydney and our regional cities safer and more comfortable," she said. The trains are due to replace rolling stock that entered service almost five decades earlier. Early renders of the trains featured "NSW TrainLink" branding, which is being abolished as its operations merge with Sydney Trains. Sydney Trains chief executive Matt Longland said getting the trains on the tracks was an incredibly complex project. "But we are pleased we have been able to work with the unions to locally modify these trains and get them into service," he said. "The Mariyung trains are quieter and roomier and will provide our passengers with a much improved and more comfortable travelling experience for decades to come." The electric trains, also known as the "D Set", have been given the name Mariyung after the Darug language word for emu. They will feature artwork from Indigenous artist Leanne Mulgo Watson. Australian Associated Press DAILY Today's top stories curated by our news team. Also includes evening update. WEEKDAYS Grab a quick bite of today's latest news from around the region and the nation. WEEKLY The latest news, results & expert analysis. WEEKDAYS Catch up on the news of the day and unwind with great reading for your evening. WEEKLY Get the editor's insights: what's happening & why it matters. WEEKLY Love footy? We've got all the action covered. WEEKLY Every Saturday and Tuesday, explore destinations deals, tips & travel writing to transport you around the globe. WEEKLY Get the latest property and development news here. WEEKLY Going out or staying in? Find out what's on. WEEKDAYS Sharp. Close to the ground. Digging deep. Your weekday morning newsletter on national affairs, politics and more. WEEKLY Follow the Newcastle Knights in the NRL? Don't miss your weekly Knights update. TWICE WEEKLY Your essential national news digest: all the big issues on Wednesday and great reading every Saturday. WEEKLY Get news, reviews and expert insights every Thursday from CarExpert, ACM's exclusive motoring partner. TWICE WEEKLY Get real, Australia! Let the ACM network's editors and journalists bring you news and views from all over. AS IT HAPPENS Be the first to know when news breaks. DAILY Your digital replica of Today's Paper. Ready to read from 5am! DAILY Test your skills with interactive crosswords, sudoku & trivia. Fresh daily!
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Few artists are able to get work placed in prominent museums like New York’s Metropolitan Museum of Art . But for many years, the Met has been staging special exhibitions featuring an unexpected group of artists: its own staff. Titled “ Art Work: Artists Working at the Met ,” this year’s show features more than 600 pieces—including paintings, etchings, ceramics, embroidery and digital art—made by 640 Met staffers, according to Hyperallergic ’s Maya Pontone. The exhibition showcases work by staffers in a variety of roles, including security guards, technicians, librarians, designers and volunteers. Christopher Fahey , a storeroom specialist who helps handle and install artworks and artifacts, tells the New York Post ’s Raquel Laneri that hanging work by fellow staffers has been a job highlight. “It’s a beautiful thing,” he says. “We’re all getting a lot out of working here, but [the Met is] also getting a lot from artists working here.” Fahey is a poet and mixed-media artist from Queens on top of his day job, per the New York Post . For the show, Fahey is displaying an intricate sculpture made out of a piece of redwood found in the trash. He’s been working on the piece for two years. The Met has been staging exhibitions of staff art since 1935, and they usually take place every other year. “The show is designed, hung, presented and guarded by that same staff—some of the world’s best—who also design, hang, present and guard the 1.5 million works in its full collection,” writes the Financial Times ’ Lilah Raptopoulos. Historically, these shows haven’t been open to the public. But in 2022, the museum allowed any interested art lovers to see it for the very first time . This year is only the second time in history that “Art Work” is open to all museumgoers. Daniel Kershaw , an exhibition design manager, tells Hyperallergic that the number of staff artworks on view has nearly doubled this year in comparison to previous years. “Because of the amount of press that it got last time and the opportunity for the public to see it, everybody decided that they want to put something in,” he says. “It’s just a lot of fun.” Kershaw has an architectural model for a future exhibition on view in the show. Amanda Rothschild , who works in the museum’s technology department, echoes this sentiment, saying that many Met staffers find connection through their art. “There’s definitely a community around art in the museum that’s different from other places,” she tells Hyperallergic . The exhibition features one of Rothschild’s paintings: a retro image of a sink that she noticed in a Greenpoint coffee shop surrounded by cool blue tiles. Some of the employee pieces are inspired by artifacts at the museum. Armia Malak Khalil , a senior security officer, has created a small sculpture inspired by Ushabti , ancient Egyptian statues that were placed in burials to help the deceased in the afterlife. Khalil, who is from Egypt, immigrated to the United States in 2006. He also has a wooden bust on view in another exhibition at the Met, “ Flight into Egypt .” “It’s the first time one of us guards is in a major exhibit,” he tells the New York Post . “They’re all so proud of me.” “ Art Work: Artists Working at the Met ” is on view at the Metropolitan Museum of Art in New York through December 1. Get the latest stories in your inbox every weekday. Julia Binswanger | READ MORE Julia Binswanger is a freelance arts and culture reporter based in Chicago. Her work has been featured in WBEZ, Chicago magazine, Rebellious magazine and PC magazine.Rare Footage Reveals Beatles' First U.S. Tour Like Never Before
China has sent a message to Russia , the US, UK and Ukraine as fears of World War 3 grow. Chinese Foreign Ministry spokesperson Lin Jian said on Friday that "all parties" need to show restraint to avoid further escalation. He said: "Under the current circumstances, all parties should remain calm and restrained, work to cool the situation through dialogue and consultations, and create conditions for a political settlement of the crisis [as China refers to Russia 's war of aggression against Ukraine ], in order to achieve a ceasefire as soon as possible." Meanwhile, Liu Pengyu, spokesperson for the Chinese embassy in the US, made similar remarks in an interview with Newsweek. He said: "Realising an early ceasefire and striving for political settlement serves the interests of all sides. "It is important not to fuel the tension. China always encourages and supports all efforts conducive to the peaceful settlement of the crisis and stands ready to continue to play a constructive role in its own way for the political settlement of the Ukraine crisis." China's intervention comes after the US and UK permitted Ukraine to strike Russian territory with their missile systems. Russian President Vladimir Putin lowered Moscow's nuclear threshold in response, and he also fired a medium-range ballistic missile in Ukraine . He warned on Friday that Russia has new missiles "ready to be used" against Ukraine . Sergei Markov, a former Kremlin adviser, told Reuters: "Putin is saying to the West stop - halt - back off. "The signal Putin is sending to the world is that we consider these strikes as the direct entry of the United States and Britain into a war against Russia . "But we are not responding with all our might right now because these strikes against Russia will not change the outcome of the war."