first_imgTesla reported a surprise second-quarter profit Wednesday as it confirmed ambitious targets for 2020 car deliveries despite the coronavirus pandemic and announced plans for a new auto factory in Texas.The result clears the way for the highflying company led by Elon Musk to potentially join the S&P 500. A requirement for the prestigious Wall Street index is four successive profitable quarters, which Tesla has now achieved.Tesla shares – which have exploded in 2020 as the company has met key targets – climbed further following the results. Several analysts that have praised Tesla’s accomplishments view the rise in valuation as excessive. Soaring valuationThe electric car maker scored profits of US$104 million in the quarter ending June 30 compared with a loss of $408 million in the year-ago period.Revenues fell five percent to $6 billion.Tesla said it was on track to ramp up production at factories in California and Shanghai and that activity on a plant being built in Germany “continues to progress.”The company said delivering 500,000 autos this year “remains our target,” effectively reinstating its forecast after withdrawing the figure this spring amid the peak of United States coronavirus shutdowns.Musk said the company had picked a 2,000-acre site near Austin, Texas for its next “Gigafactory” to build a number of models, including the new “Cybertruck” vehicle.The announcement was greeted by Texas Governor Greg Abbott, who hailed Tesla as “one of the  most exciting and innovative companies in the world” and said the factory would add “at least” 5,000 new jobs.A note from Wedbush Securities said China appeared to be the “star of the show,” based on industry data and that demand in the country is “a ray of shining light in a dark global macro” environment.”This sustained level of profitability is the key for the bulls and speaks to a business model which is staying out of the red ink despite this unprecedented COVID-19 dark storm,” Wedbush said.Tesla executives confirmed that profit margins in China had improved, with Musk pointing to a shift in the supply chain to more locally produced parts as a source of lower costs.Shares had rallied ahead of the earnings report, in anticipation that the promotion to the S&P 500 would lift demand from investors. But the blowout figures boosted shares further, by 4.4 percent to $1,663 in after-hours trading.Tesla’s share price has risen by more than $1,000 per-share this year, making Musk one of the 10 wealthiest billionaires in the world, according to Forbes, and lifting the company’s valuation to many times that of General Motors and other conventional auto giants that sell many times the volume of Tesla. A note from CFRA Research called the result a “low-quality” beat, citing an unusually large boost from revenues tied to tax credits for electric cars and reiterating its “hold” recommendation on shares.CFRA has set a target of $1,220 for Tesla shares, implying shares should fall around 25 percent.”While Tesla once again managed to pull a rabbit out of the hat for earnings, we believe its share price has become decoupled from underlying fundamentals and see growing risks surrounding the story as shares increasingly appear priced to perfection,” CFRA said.Topics : Musk praised Tesla’s staff for “exceptional execution” during a period that included the weeks-long closure of its California plant due to the coronavirus pandemic and said he looked forward to “continue scaling” Tesla up to enable production levels closer to that of conventional auto giants.”I’ve never been more optimistic or excited about the future of Tesla,” Musk said on a conference call with analysts and investors. Musk, who has long flouted the unwritten rules of button-down CEOs, avoided the sort of fights with analysts that have occasionally surfaced on conference calls.But he maintained an informal air throughout the 60-minute session, saying he was interested in hiring “revolutionary actuaries” for an insurance project being developed and effusing about a new factory as an “ecological paradise.”last_img read more

first_img Loading… Ole Gunnar Solskjaer has made Lille striker Victor Osimhen his ‘priority’ signing for Manchester United, according to reports. Solskjaer has been desperate to sign a new striker since he took over at Old Trafford and brought in Odion Ighalo on loan during the January transfer window. Manchester United are in the race to sign Victor Osimhen The United boss has indicated that he is willing to turn Ighalo’s move from Shanghai Shenhau into a permanent one following the striker’s impressive start at the club.Advertisement Promoted ContentArtist Got Bored With Quarantine & Painted Flowers All Over WallsThe Best Cars Of All TimeThe Highest Paid Football Players In The World5 Of The World’s Most Unique Theme ParksWhich Country Is The Most Romantic In The World?Insane 3D Spraying Skills Turn In Incredible Street Art10 Risky Jobs Some Women DoPlaying Games For Hours Can Do This To Your Body11 Most Immersive Game To Play On Your Table TopHow They Made Little Simba Look So Lifelike in ‘The Lion King’Who Is The Most Powerful Woman On Earth?6 Extreme Facts About Hurricanescenter_img But according to Le10 Sport, United have made Osimhen one of their top targets for the summer transfer window. Victor Osimhen has scored 18 goals for Lille this season Read Also: Real Madrid renew interest in Victor OsimhenBut the report claims that United are facing competition from Real Madrid, who are also looking to bolster their attacking options. The 21-year-old has been in excellent form for Lille this season with 18 goals in 38 appearances. Osimhen, who is Ighalo’s teammate with Nigeria’s national team, has been capped nine times and has scored four goals. FacebookTwitterWhatsAppEmail分享 last_img read more

first_imgThe East Central Trojans lost their season opener to The Campbell County Camels by the score of 31-14 at Trojan Field.EC vs Campbell County Varisty Football (8-22)EC led 14-13 at halftime, but CC outscored The Trojans 18-0 in the second half.East Central will travel to Harrison to battle their arch rivals, The Wildcats, in The I-74 Border War.  Kickoff will be at 7:30 PM.Catch all of the exciting action of East Central Trojans Football on The Sports Voice, WRBIRADIO.COM.  Countdoen To Kickoff will be at 6 PM.Courtesy of Trojans Statistician Stewart Durham with Short Box.last_img

first_img “The way he plays the game, the fans are going to like the style, and I think the players are going to improve, and that’s really important. “There will be a bit more attacking play. The players have done really well defensively and it won’t harm the team to be a bit more expansive going forward. “The restrictions will be removed from some of the players. Everton have wonderfully gifted players and I think he will give them a new lease of life. It would be nice to see the team score more goals.” While former manager David Moyes managed a top-four finish just once in 11 years Campbell believes that has to be Martinez’s target. “Everton have to be looking at a Champions League spot,” he told talkSPORT. “Under Moyes they broke the monopoly and got in there, and over the years they’ve proved they can beat the top sides. Under Martinez they can be a bit more expansive and score more goals and that will make them even more dangerous. “Being tough to beat is ingrained in them, but scoring more goals could make a massive difference.” With compensation agreed with Wigan on Monday negotiations are continuing with the Spaniard before he can be confirmed in the post. “It will be fascinating. I think he’ll be a breath of fresh air,” he said. Former Everton striker Kevin Campbell believes Roberto Martinez will have an immediate impact at the club when his appointment as manager is eventually confirmed.center_img Press Associationlast_img read more

first_imgUSC announced Sunday that Oscar Munoz, the CEO of United Airlines and a Marshall School of Business alumnus, has been elected to the USC Board of Trustees. Photo of Oscar Munoz courtesy of USC News.Munoz graduated from USC in 1983 with a bachelor’s degree in business administration. He was the first in his family to attend college and was raised in an immigrant family. He hopes to use his role on the Board of Trustees to advocate for students like him, according to USC News. “I’ve never forgotten just how fortunate I was to become the first in my family to attend college,” Munoz said to USC News. “And I feel a tremendous obligation and sense of joy to be able to open that door of opportunity to others.”Munoz said he sees his role as a trustee as giving back to the Trojan community, USC News said. “The memories we created [at USC] grew into lifelong relationships that I treasure to this day,” Munoz told USC News. “Having an opportunity to serve this place which served me so well in life is something I am very much looking forward to. The saying ‘A Trojan for life’ definitely sums up the journey I’ve taken from student to alumni to trustee.”President C. L. Max Nikias told USC News that Munoz’s business skills make him a suitable addition to the University’s Board of Trustees. “Oscar Munoz is an extraordinarily talented leader, highly effective communicator and distinguished Trojan alumnus,” Nikias told USC News. “His knowledge, management skills and business acumen will be a tremendous asset to the university and our Board of Trustees.”Before becoming the CEO of United Airlines, Munoz held positions at both PepsiCo and Coca-Cola, and chief financial officer at AT&T. Immediately before moving to United, Munoz was the president and chief operating officer at CSX Corporation, a rail transportation company. At United, Munoz is credited with increasing the airline’s yearly traffic to 150 million passengers. However, Munoz has also been criticized for his role at United. In April 2017, a passenger on an overbooked United flight was forcibly removed from the flight after he refused to leave the plane. Cell phone video footage from other passengers on the plane showed the passenger being dragged down the aisle of the plane. In response, Munoz initially sent out an email to United employees stating that the passenger in question was “disruptive and belligerent” and claimed that employees followed “established procedures” in their removal of the passenger. Munoz also issued a public statement apologizing for having to “re-accommodate” passengers, without acknowledging the forced removal of the passenger. Munoz later sent out an updated statement that acknowledged the company’s fault in the incident. In February, USC also announced that the Los Angeles Memorial Coliseum would be renamed the United Airlines Memorial Coliseum in a $69 million naming rights deal with United. It is unclear whether Munoz played any role in securing the naming rights of the Coliseum for the company.last_img read more

first_imgOther staff members are dispersed around the field. One videographer is planted in the Syracuse coaches box and records player reactions. Two others are stationed on each sideline and follow the plays. Another is located in the end zone and captures crowd reactions.After a touchdown or the end of the quarter, a runner will get two new SD cards and bring them to the videographers. When they return to the war room, they download the material on the old cards and place them in a plastic box on top of a post-it note with the photographer’s name. Shots of specific players are organized by name and quarter number.“Every team has their own system,” Cady said. “Even on the road, we like to stay close to the field.”Due to many interns being on Thanksgiving break, the usual staff of 18 was down to 11. Syracuse’s high number of interns gives it a leg up on the competition. In comparison, Georgia Tech’s “Branding and Ideation” team has only six staff members, Simit Shah, GT’s team leader, said.Three years ago, SU’s digital team was just Gunn. At the time, Syracuse did not post photos during the game. Against BC, a student intern was in charge of running the team’s Snapchat.Competitors have begun to take notice. Cady said that SU’s content has gained recognition since the upset of then-No. 2 Clemson on Oct. 13. Jonathan Gantt, CU’s director of new media, has been impressed by the Orange’s visual representation.“It’s kind of organized chaos,” Gunn said. “You look for any advantage you can get in this digital arms race that’s going on between schools.”Two minutes after the Eagles extended their lead in the second quarter, Cady heard a horn blare. The Orange had scored, but the TV broadcast was a play behind. Cady alerted the room to look up from their laptops. He threw his hands in the air as the ball was snapped and senior receiver Ervin Phillips ran up the seam.Moments later, a student intern burst through the double doors holding SD cards in each hand.“Here’s the touchdown,” he said as he extended his left hand before he held out his right. “Here’s the crowd celebrations.”Cady grabbed both and popped them into his computer.CORRECTION: In a previous version of this post, the date of the Syracuse vs. Boston College game was misstated. The game was held Nov. 25. The Daily Orange regrets this error.CORRECTION: In a previous version of this post, the software used by Syracuse’s digital team to edit video was misstated. The software is Adobe Premiere. The Daily Orange regrets this error.CORRECTION: In a previous version of this post, Syracuse’s former in-game photography process was misstated. Three years ago, the digital team did not post photos during games. The Daily Orange regrets this error.CLARIFICATION: In a previous version of this post, the presence of women on Syracuse’s photography team was unclear. Comments Facebook Twitter Google+ Published on November 29, 2017 at 11:38 pm Contact Nick: nialvare@syr.edu | @nick_a_alvarez UPDATED: Nov. 30, 2017 at 6:01 p.m.On Saturday, across from the post-game interview stage in the depths of the Carrier Dome, four tables formed an “L” shape. Laptops are opened in front of most chairs. Video equipment cases and book bags lined a curtain divider a few feet away. A clump of wires connected electronics to a router. Camera lens caps sat next to empty bottles of ginger ale. A flat-screen television showed Syracuse’s season-ending, 42-14 loss against Boston College.BC’s Jeff Smith turned a jet-sweep into a 64-yard touchdown with seven minutes left in the first half. At a table in front of the TV, four people sat in Syracuse branded clothes. Their eyes fixated on laptop screens. Someone looked up and saw the teams line up for the ensuing kickoff. It took him a second to realize SU’s deficit was now doubled.“As you can see,” Tyler Cady said, after unmuting the game, “We generally have no idea what the score is.”Underneath the Dome’s student section, SU and it’s new “brain trust” was busy competing with other Atlantic Coast Conference schools in a social media recruiting battle. Throughout the ACC, football programs have implemented social media teams dedicated to recruiting with graphics and videos. Since it’s the last game of the year, the photos and videos will have to last the offseason. Members of SU’s team spends games between the field and the photo workroom, dubbed the “war room.”AdvertisementThis is placeholder text“This room didn’t exist four years ago,” Cady, assistant director of athletic communications, said. “This is what we wanted to do for a long time.” The group has a meeting to brainstorm video ideas the Monday before each game. That’s why for a 12:30 p.m. kickoff, Cady arrived at the Dome four hours early and recorded footage of the lockers of SU’s seniors.Minutes before kickoff, Cady stood with his gimbal by the opening of the tunnel that the Orange run out of. White smoke billowed, Lil Wayne’s “Duffle Bag Boy” pulsed through the stadium’s speakers. Before the players charged the field, Cady worked his way into a thicket of blue jerseys.The marching band started the fight song and the team charged. In the scrum, a blast from a smoke machine hit Cady in the back. It hurt, but he kept recording. After the tunnel cleared, Cady made his way through a set of double doors and into the war room.“That’s how you know it’s going to be a great day,” he joked before posting the video on Twitter.One student intern edited Cady’s earlier recording into a Senior Day video using Adobe Premiere, the team’s preferred software. A larger workforce allows for content to be distributed during the game, when it’s most prominent.“That’s the big thing: Speed and efficiency,” Dave Gunn, SU’s digital media managing editor, said. “You got to get this content out when people care about it.”last_img read more

first_imgGhana and Cameroon enter a decisive first-leg duel in the qualifying for the 2015 African Under-17 Championship on Saturday aware of the high stakes.Paa Kwesi Fabin’s team are away in Yaounde for the third round match which will see the overall winner qualify for the finals alongside hosts Niger. The Black Starlets, who drew a bye in the first round will be playing their first competitive fixture in the qualifying after their previous round opponents; South Sudan pulled out of the competition.However, a combination of fixtures, both domestic and international has given Fabin’s side some competition as they come up against a much stronger Cameroonian side, who reached this stage after defeating Burkina Faso at home.”It’s a big game for us and the players are aware of the stakes at this stage of the competition. We need a good result from the first leg before thinking about the return leg,” Fabin said.Getting off to a winning start in the two-leg contest will set Fabin’s youngsters on the path to qualification, or perhaps more importantly to avoid defeat.last_img read more

first_imgThe Adako-Gyachie training base of Kumasi Asante Kotoko was gutted after a fast-moving fire tore through it on Wednesday morning.The cause of the fire is not yet known, but the harmattan weather could be a major contributing factor as the fire which threatened to destroy the entire training pitch of the Porcupines. –Follow Joy Sports on Twitter: @Joy997FM. Our hashtag is #JoySportslast_img

first_imgPHYSICAL GAME—Ben Roethlisberger is helped from the field by Steelers guard Willie Colon, left, after being hit late by Oakland Raiders defensive end Richard Seymour Nov. 21, at Heinz Field in Pittsburgh. (AP Photo/Keith Srakocic) The Steelers finally put it all together to crush the much improved Oakland Raiders 35-3, but must keep it all together as they face the hot Buffalo Bills 2-8 who demolished the Cincinnati Bengals 49-31 after spotting them a huge first half lead. The Raiders were 4-1 in their last five games, but despite a record 14 penalties for 163 yards Pittsburgh whipped Oakland like they owned them jumping off to a big first half lead and coasting for the victory as the defense shut down one of the league’s best rushing attacks, holding Darren McFadden to just 14 yards on 10 carries, 94 below his average. They kept pressure on quarterback Jason Campbell all day to the point where he was pulled in favor of Seton LaSalle grad Bruce Gradkowski whose stats looked better but really didn’t do anything either. James Harrison led the defense that had the Raiders so confused that Oakland star Richard Seymour shoved Ben Roethlisberger to the ground with an open hand to the face that got him ejected. “I don’t know why he ran up on me,” Seymour said after the game.Harrison did much of the damage with five tackles, two sacks, an interception and a forced fumble. He also took one of the Steelers’ six personal foul penalties for slamming Campbell to the turf as the quarterback threw a pass, which prompted announcer Dan Fouts, who was a great quarterback, to say maybe quarterbacks should be wearing skirts, as he disapproved of the call.“We didn’t worry about the calls,” Harrison said about all the penalties. “When you’re getting a lot of penalties against you, it brings you together.”Meanwhile Mike Wallace had another outstanding game picking up 116 yards on just three catches as Roethlisberger distributed the ball to 8 different receivers. He was 18 of 29 for 275 yards and 2 touchdowns, as well as one touchdown running. Rashard Mendenhall wasn’t able to break any big runs leaving him with just 59 yards on 23 carries.The Steelers (7-3) are tied atop the AFC North with the Baltimore Ravens who beat the Carolina Panthers 37-13, and one game behind the Patriots and Jets for the best record in the AFC.Oakland averaged 458 yards and 38.6 points during its three-game winning streak, but had only 52 yards—11 rushing—as the Steelers opened a 21-3 halftime lead.“We played against a really tough defense today that got after us,” said Campbell, who was 7 of 19 for 70 yards and an interception. “Once we got behind the 8-ball and they got all the momentum, they just kept bringing it and bringing it.”Campbell never had a chance against a defense that forced three turnovers, two that became touchdowns, and had six sacks. The Steelers have allowed only one 100-yard rusher in 44 games.The Steelers outgained the Raiders 431-182 as Roethlisberger threw touchdown passes of 52 yards to Mike Wallace, 22 yards to Emmanuel Sanders and 16 yards to Isaac Redman. He also scrambled 16 yards for a touchdown.Down 31-14 at halftime, something happened to the Buffalo Bills (2-8) as they came out fired up in the second half and outscored the Bengals 25-0. Quarterback Ryan Fitzpatrick matched his career high with four touchdown passes, and the Bills rallied for their second straight win on Sunday, 49-31 over the bumbling Bengals.Buffalo took advantage of Cincinnati’s depleted secondary for its biggest comeback since it overcame a 26-0 deficit and topped the Colts 37-35 on Sept. 21, 1997.Fitzpatrick took advantage of a defense down to four healthy defensive backs by game’s end. Steve Johnson caught three touchdown passes, including an 11-yarder that put Buffalo ahead 35-31 early in the fourth quarter. Johnson finished with eight catches for 137 yards.With the collapse, the Bengals secured their 18th non-winning record in the last 20 years. Fitzpatrick’s homecoming got off to a miserable start—three first-half interceptions, though one of them was nullified by a penalty. He was Carson Palmer’s backup for two years, before the Bengals let him go.Once he settled down, he outplayed his mentor. Fitzpatrick was 21 of 34 for 316 yards and his second four-touchdown game of the season. He has thrown touchdown passes in 11 consecutive games, the longest streak by a Bills quarterback since Flutie did it 12 straight games in 1999.Running back Fred Jackson ran for 116 yards and two touchdowns, and star wide receiver Lee Evans had four catches for 72 yards. The Steelers will play in Buffalo this week at 1 p.m.last_img read more

first_imgBy Bruce FuhrThe Nelson Daily SportsRevelstoke flexed its Okanagan muscles to capture the opening meet of the Kootenay Summer Swim Association season Sunday in Nelson.The squad from abroad garnered 605.5 points to claim the overall title as the Kootenay season kicked off at the Nelson and District Community Complex Pool.“We had some exceptional swims from almost all of our senior swimmers and many outstanding best times from all our swimmers,” Neptune head coach Michelle Lorusso said after watching the host club finish fifth behind Revelstoke in the team standings.“It was a kind of a surprise when Revelstoke won the meet since they are not even from our region, but they did bring a lot of swimmers,” Lorusso added.Trail Stingrays finished second behind Revelstoke with 506 points. Castlegar was third at 413 with Grand Forks fourth at 390.5.Nelson was next followed by Colville, Wash., Kimberley and Creston.The medals were far and few between for the Neptunes, winning just seven.
 Leading the assault was Samuel Matthew in division three boys with gold. Kourtney Bragger won silver in division three girls with Neptune assistant coach Melissa Afford finishing in a tie for silver in division seven girls.Jakob Bragger won bronze in division one girls.Assistant coaches Kiandra McLaren and Rebecca Afford won bronze in division six and seven girls, respectively.In summer swim numbers, combined with solid swims, is usually the key to low and high placings.“We placed fifth overall which was pretty good considering we had lots of disqualifications, only 37 swimmers at the meet,” Lorusso confessed. “(Plus) a few of our key swimmers now do winter swim.”The winter swim excludes those swimmers from the summer program. Which means the silver medal won by Niallan Collier doesn’t contribute to the Neptune totals.The Kootenay season shifts to Grand Forks Saturday for a B meet.The next major event is set for Trail June 18-19. The Kootenay Regional meet goes August 6-7 in Castlegar with the top swimmers advancing to the B.C. Speed Swim Championships August 15-21 in Richmond.New Meet Records:Two Neptune rookies may just be the building block Neptune coach Michelle Lorusso needs to rebuild the Heritage City team.Aubree Fillion set a new record in the under-six 25-meter backstroke, shaving almost two seconds off the old mark. Fillion set a new time of 45.86. The old time was 47.35.Jaylen Rushton, swimming in the same division, shattered the old mark in the 25-meter butterfly. The – old record was 41.15 with the new time now 29.20.Niallan Collier, competing in the “O” category two boys set a new time in the 200 meter individual medley of 2:19.56. The old time was 2:23.07.sports@thenelsondaily.comlast_img read more