Sale of B.C. hydroelectric project boosts Fortis Q2 profit to $720 million

first_imgAnalysts had estimated $2.06 billion of revenue and 57 cents per share of adjusted earnings, according to financial markets data firm Refinitiv. ST. JOHN’S, N.L. — Canadian utility company Fortis Inc. says the sale of its share of a B.C. hydroelectric project helped boost its second-quarter profit to $720 million — nearly three times what it had in the same period last year.However, adjusted earnings and revenue for the Newfoundland-based company were below analysts’ estimates.The quarter included a $484-million after-tax gain on the sale of a 51 per cent interest in the Waneta Expansion hydroelectric project in British Columbia.- Advertisement -Fortis says its net profit attributable to common shareholders including the unusual item amounted to $1.66 per share, up from $240 million or 57 cents per share in last year’s second quarter.Excluding the Waneta Expansion sale and the impact of natural gas derivatives, Fortis had $235 million of adjusted earnings, or 54 cents per share, down from $251 million or 59 cents per share in last year’s second quarter.The electric and gas utility company’s revenue was $1.97 billion, mainly from businesses in Canada and the United States, up from $1.95 billion a year ago.Advertisement Companies in this story: (TSX:FTS)The Canadian Presslast_img read more

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Insider Trading: Arsenal begin talks over defender, plus the latest Hummels news

first_imgtalkSPORT’s transfer guru, Warren Haughton, joins Hawksbee and Jacobs to round up all the very latest rumours and gossip.He shares all the latest news as Liverpool abandon hope of bringing in Divock Origi in January, while he reveals Arsenal’s move for Villarreal defender Gabriel Paulista is in the early stages.Haughton also looks at Mats Hummel’s future with Borussia Dortmund as Manchester United hunt for a new centre-back.Meanwhile he brings Hawksbee and Jacobs the latest reports from the Football League too.Here’s some of the top transfer rumours on talkSPORT.com:Exclusive – No January spending spree for Liverpool, claims RodgersChelsea and Liverpool scouting £26m Serie A starletChelsea in pole position for Serbian starletBoost for Arsenal? Brazilian defender claims talks are ongoing with the GunnersJuventus slap ‘hands-off’ warning on Chelsea and Man United targetEverton star to complete Serie A switch in 24 hoursAll over? Liverpool and Arsenal set to miss out on teen sensationlast_img read more

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Glen Newcomer, April 24

first_imgShare Facebook Twitter Google + LinkedIn Pinterest We are off to a very slow start here in Northwest Ohio. I can only think of a handful of operators who have put any corn in the ground. I can only think of one operator who has put any soybeans in the ground. We had a good run last week. We completed a lot of spraying. We did some tillage work and we planted corn for one day last week. We are only about 5% done with everything we have to plant this spring so we have a long way to go. On average, we received over 1.5 inches of rain in our area on Thursday and Friday. There will not be any field work performed in our area this week. We are at a standstill.We hit the spraying pretty hard for three days putting down pre-emerge products on our soybean acres that we plan to no-till. We did tillage for two days and the ground conditions were excellent last week.I am not really concerned yet about a late start. Last week conditions were about perfect. I wish we could have continued, but just getting some field operations done this early was a good feeling. We were fortunate to get some field work started. Many in our area were still holding back because of the cold weather forecast this past weekend. We still have plenty of time and we still have the opportunity for a great crop. We just have to be patient and wait until the time is right.There was some light frost over the weekend, but nothing has emerged at all around here. One operator planted some corn a week earlier which has sprouted but not emerged. It was nice that we had that window of opportunity to get the planter set and make sure everything was programmed correctly. It was nice to take the extra time necessary to be particular about how everything was set up. Now we will be ready to roll when the time is right.last_img read more

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CARFIT And CEA Create A Joint Lab On Artificial Intelligence

first_imgKyle Ellicott AI: How it’s Impacting Surveillance Data Storage China and America want the AI Prize Title: Who … Tags:#artificial intelligence#CARFIT#connected cars#Deep Learning#in-vehicle#Nicolas Olivier#predictive maintenance#ReadWrite Labs A Web Developer’s New Best Friend is the AI Wai…center_img CARFIT and CEA have signed an agreement to create a joint laboratory focused on Artificial Intelligence related to car vibrations and their interpretation. The lab will bring together teams from the List, a CEA Tech Institute, and from CARFIT to share knowledge and expertise. The joint lab will be dedicated to the development of artificial intelligence methods for identifying signs of mechanical failures exposed by car vibrations.CARFIT develops technological solutions to simplify mobility, by proposing real-time car monitoring to offer a smart maintenance system, adapted to the driver’s car use. The CARFIT team is comprised of automobile specialists, scientists, and artificial intelligence experts. CARFIT wants to further develop its predictive maintenance expertise by exploiting automobile vibration data analysis.As a major research player at the national and international level, the CEA fulfills its industry competitiveness mission through CEA Tech, the CEA Technological Research Division. More specifically, the List institute carries out research on smart digital systems. The List’s teams already lead research projects on in-vehicle systems, interactive systems, and sensors and signal processing. As a Carnot institute (TN@UPSaclay), the List’s collaboration with CARFIT joins Carnauto spinneret action to strengthen competitiveness and attractiveness of the companies of the automotive domain by facilitating their access to the innovation.The activities of CARFIT and CEA are thus complementary, enabling a fruitful collaboration on automobile predictive maintenance by vibration analysis. The two partners have therefore agreed to conduct a common R&D, leading to the design and development of optimized, innovative solutions of predictive maintenance for light-duty vehicles (authorized loaded weight not to exceed 3.5 tons).“As an autotech startup, the creation of a joint lab with the CEA is a key milestone for CARFIT. This lab will extend our capabilities in Artificial Intelligence beyond what we could have done alone and opens up opportunities within the automotive ecosystem already in collaboration with the CEA.” says Nicolas OLIVIER – CEO of CARFIT.“The List institute contributes to the automotive revolution through the autonomous and connected car and the development of digital services.” declares Philippe Watteau, Directeur de l’Institut List. “The Artificial Intelligence is at the heart of this revolution and our collaboration with CARFIT is going to open the way to the maintenance of tomorrow which will be predictive and as a service.”This cooperation opens the way to the development of innovative architecture taking advantage of the deep learning to improve the diagnostic accuracy, to anticipate the failures and to maximize the mechanical defect coverage of vehicle components by vibration analysis.Disclaimer: CARFIT is an alumnus of our ReadWrite Labs accelerator program. Kyle Ellicott is also an advisor to the company. Related Posts AI Will Empower Leaders, Not Replace Themlast_img read more

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Seven injured after bus overturns in Himachal Pradesh

first_imgSeven people were injured after a Himachal Road Transport Corporation (HRTC) bus overturned in Himachal Pradesh’s Mandi district on Sunday, a police spokesperson said. The accident took place near Gokhla village in Kotli tehsil, Mandi Deputy commissioner Rugdev Thakur told PTI. According to the spokesperson, a total of 10 people were in the bus. The seven injured people were rushed to a nearby hospital, he added.last_img

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2 teams kick off Maharlika hoops

first_imgKenneth Duremdes. File PhotoThe Maharlika Pilipinas Basketball League starts Thursday with its Anta Rajah Cup at Smart Araneta Coliseum.Organized by Sen. Manny Pacquiao, the league is patterned after the defunct Metropolitan Basketball Association.ADVERTISEMENT Gritty Lady Red Spikers climb out of two-set hole, frustrate Lady Pirates Kammuri turning to super typhoon less likely but possible — Pagasa Read Next Globe Business launches leading cloud-enabled and hardware-agnostic conferencing platform in PH Pacquiao bares disputes over committee chairmanships PLAY LIST 01:30Pacquiao bares disputes over committee chairmanships01:29DOH kicks off nationwide polio vaccination drive01:27Filipino athletes get grand send-off ahead of SEA Games01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City “I’m very humbled and excited at the same time to be working with Sen. Pacquiao for this noble project of him to discover untapped talents across the country and give former pros another chance to prove their worth,” said MPBL commissioner Kenneth Duremdes.Opening rites start at 7 p.m. before the Parañaque Patriots battle the Caloocan Supremos at 8 p.m.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSLillard, Anthony lead Blazers over ThunderSPORTSMalditas save PH from shutoutA brand new car and 10 motorbikes will also be up for grabs for lucky fans who will watch the opener live.“This league will be a great help to young players, including those in the provinces, aiming to make it to the pro ranks,” said Pacquiao. Slow and steady hope for near-extinct Bangladesh tortoises 2 ‘newbie’ drug pushers fall in Lucena sting Typhoon Kammuri accelerates, gains strength en route to PH MOST READ Brace for potentially devastating typhoon approaching PH – NDRRMC Don’t miss out on the latest news and information. John Lloyd Cruz a dashing guest at Vhong Navarro’s wedding View comments LATEST STORIES NEXT BLOCK ASIA 2.0 introduces GURUS AWARDS to recognize and reward industry influencerslast_img read more

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McLaren to Return to Full-Time IndyCar Racing in 2020

first_imgMcLaren will return to full-time IndyCar competition next season for the first time since 1979 in a partnership with existing team Arrow Schmidt Peterson Motorsports.The new venture will be renamed Arrow McLaren Racing SP and rely on Arrow SPM’s current infrastructure. McLaren will be responsible for technical expertise, commercial experience and marketing. It will be a two-car team but switch next season to Chevrolet.“IndyCar has been part of McLaren since our early years of racing, and the series today provides not only a commercial platform to continue to grow our brand in North America, but competition with some of the best teams in international motorsport,” said Zak Brown, CEO of McLaren Racing. “We come to IndyCar in full respect of the sport, our competitors, the fans and the task ahead.“At our core, we at McLaren are racers and where there’s competition that puts us to the test, we will race.”The team currently fields cars for James Hinchcliffe and Marcus Ericsson, but Hinchcliffe is a longtime Honda ambassador and star of ads for the automaker in North America. All seven of Schmidt’s IndyCar victories were powered by Honda, which also helped the team win two Indianapolis 500 poles.Honda Performance Development said in a statement Friday “although we regret that this partnership will be coming to an end … HPD has the utmost confidence in the strength and commitment of its remaining partner teams.”Arrow Electronics will remain the team’s title partner and team co-founders Sam Schmidt and Ric Peterson will continue in their current leadership roles.“I’m extremely proud of the team that Ric and I have built and that a legendary brand like McLaren Racing has decided to partner with us,” Schmidt said. “Arrow is a tremendous partner which has been integral to our growth as a team since 2015 and to the creation of this new partnership. The combined technical resources and commercial opportunities both McLaren and Arrow bring to the table provide a winning combination.”Gil de Ferran, the sporting director for McLaren Racing, will lead the IndyCar effort for McLaren independently from the Formula One effort.“IndyCar is a natural fit for McLaren, given our legacy and determination to succeed at the top levels of international motorsport,” said de Ferran, a former Indy 500 winner. “Our ambition, over time, is to consistently compete for wins and championships.“We acknowledge the challenge ahead of us but McLaren is committed to this partnership and to supporting the team as a whole.”FILE – In this May 17, 2017, file photo, Gil de Ferran, left, talks with Fernando Alonso, of Spain, during a practice session for the Indianapolis 500 IndyCar auto race at Indianapolis Motor Speedway in Indianapolis. McLaren will return to full-time IndyCar competition next season for the first time since 1979 in a partnership with existing team Arrow Schmidt Peterson Motorsports. Gil de Ferran, the sporting director for McLaren Racing, will lead the IndyCar effort for McLaren independently from the Formula One effort. (AP Photo/Michael Conroy, File)McLaren is coming off a spectacular embarrassment in which it failed to qualify for the Indianapolis 500 in May with celebrated two-time Formula One champion Fernando Alonso.Alonso does not appear to be interested in a full-time IndyCar ride in 2020, but Brown has indicated the new team will field a third car for the Indianapolis 500. Alonso would likely have an option to drive that entry.By: Jenna Fryer, AP Auto Racing WriterTweetPinShare0 Shareslast_img read more

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Redmi 6, Redmi 6A, Redmi 6 Pro set to launch in India today: Here’s all we know about Xiaomi phones

first_imgXiaomi is set to launch the Redmi 6 series phones in India today. The series consists of three phones, including the Redmi 6, the Redmi 6A and the Redmi 6 Pro. All the three phones have already been launched in China previously, so we more or less know the specs of the handsets. However, going by the teasers looks like the Indian models of the phones will be slightly different from the China variants. In India, all the three Redmi 6, Redmi 6A and Redmi 6 Pro will come with Qualcomm Snapdragon processor. The Redmi 6 and the Redmi 6A in China packs a MediaTek processor, while the Redmi 6 Pro is powered by Snapdragon processor. Today’s launch event will be livestreamed at 12:30 on the company’s official website.There’s no official word about the price of the phones. But, we expect the Redmi 6A to be the cheapest of the lot and cost under Rs 7,000, followed the Redmi 6, which is expected to be priced below Rs 10,000. And lastly, the Redmi 6 Pro will be the most expensive of the lot and will cost somewhere around Rs 12,000. Take the prices with a pinch of salt because Xiaomi is yet to reveal the official prices of the phones.Ahead of the launch, Xiaomi has confirmed that two of the three phones will be sold exclusively on Amazon. One will be the Redmi 6 Pro and the second one could be either of the Redmi 6/ Redmi 6A. We assume the third model will be exclusive to Flipkart. Of course, all the three Redmi phones will also be available on Xiaomi’s official website — mi.com and also on company’s own offline store Mi Home.advertisementXiaomi has been teasing all the three Redmi phones for quite a while now. The company has confirmed that all the three Redmi 6 series of phones will come with dual VoLTE support. This means that you will be able to use two 4G networks at the same time on the phones. The company has also announced that all the three Redmi 6, Redmi 6A and the Redmi 6 Pro will be fast enough to multi-task, run smoothly throughout the entire day, capture good and detailed pictures and has face unlock support.Redmi 6The Redmi 6 sports a 5.45-inch display with HD+ with a resolution of 1440 x 720 pixels and aspect ratio of 18:9. It has horizontally aligned AI-powered dual camera setup on the back where the primary sensor is of 12-megapixel and secondary sensor of 5-megapixel. On the front, the phone carries a 5-megapixel sensor. Under the hood, the Redmi 6 is powered by a 12nm-based MediaTek Helio P22 processor clocked at 2GHz. In China, the Redmi 6 was launched in two variants — one with 3GB RAM and 32GB storage and the second one with 4GB RAM and 64GB of internal storage. On the software front, the smartphone runs the latest MIUI 10-based on Android Oreo. Redmi 6 comes with support for Xiao Ai assistant. The Redmi 6 comes with other features like — Face unlock support, smart object recognition, among others.Redmi 6AThe Redmi 6A — which is the successor to the Redmi 5A — sports a 5.45-inch display with 18:9 aspect ratio. The smartphone also packs a12-megapixel camera on the rear panel, while on the front the phone includes a 5-megapixel selfie snapper. The smartphone runs the latest MIUI 10-based on Android Oreo. Under the hood, the Redmi 6A comes with a 12nm-based MediaTek Helio A22 processor and has a 3000mAh battery. In China, the Redmi 6A was launched in only one variant with 2GB RAM and 16GB of internal storage.Redmi 6 ProThis is the phone with iPhone X like notch. The phone is all-metal and comes with rear-mounted fingerprint sensor. The smartphone comes with dual cameras on the rear panel consisting of a primary sensor of 12-megapixel and secondary sensor of 5-megapixel. On the front, the Redmi 6 Pro carries a 5-megapixel sensor for selfies. The phone is powered by Qualcomm Snapdragon 625 processor with up to 4GB RAM and up to 64GB storage. It comes with a 4,000mAh battery and runs Android Oreo-based MIUI 9 software.last_img read more

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Pakistan vs England: Imam-ul-Haq escapes serious injury after being hit by a Mark Wood ball

first_imgPakistan’s World Cup-bound batsman Imam-ul-Haq on Friday suffered a nasty looking elbow injury during the 4th ODI against England at Trent Bridge, Nottingham.Imam was taken to hospital after the left-handed batsman was struck on elbow off Mark Wood’s short delivery.The incident happened during the 4th over of the series-deciding match when Imam-ul-Haq attempted to pull Mark Woods’s 89 mph delivery but missed it to get a blow on his left elbow.Imam grimaced in pain and immedialtey fell to the ground after the accident and was treated for some minutes by physios. The batsman was then adviced to retire hurt from the game and was taken to hospital for X-rays.The Pakistan Cricket Board (PCB) later updated on Imam’s injury and said that the 23-year-old was safe from any fractures.Imam injury updateImam ul Haq taken to hospital for Xray. All xrays are clear. Swelling on his left arm only.#ENGvPAKPakistan Cricket (@TheRealPCB) May 17, 2019Imam, the nephew of Pakistan great and selection chief Inzamam-ul-Haq, had smashed his career-best 151 in the third ODI at Bristol which his side end up losing to England on Tuesday.England are leading the 5-match ODI series 2-0 against Pakistan.Also Read | India sleeping giants of women’s cricket, says Australia coachAlso Read | Irfan Pathan only Indian to enrol for 2019 Carribean Premier League players draftAlso Seelast_img read more

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Jersey Girls one step closer to George Tooke Touch trophy

first_imgThe major and minor semi-finals of the inaugural George Tooke Shield Women’s Touch Football Competition were held last Saturday at Binalong.In the minor semi-final the Bungendore Tigerettes took on the Harden Hawkettes. The first half saw the Tigerettes jump to an early lead with touchdowns to Megan Brown, Cassie Fisher and Kody-Leigh Hirst. The Hawkettes were able to strike back with a touchdown to Kate Menz to reduce the margin to two with Bungendore taking a 3-1 lead into halftime. The second half saw both teams come out firing with quick touchdowns to Tigerettes’ player Georgia Buckley and Hawkettes’ Emma Manwaring. With the game in the balance it was Hawkettes speedster and a player of the future, Emma James who was able to cross for two quick touchdowns to bring the Hawkettes level. In a thrilling last 10 minutes, the Tigerettes were able to take the lead with a touchdown to Courtney Doyle. This was short lived with the Hawkettes striking back with a touchdown to Clare Smith. The game looked like it would go down to a drop off but with only minutes remaining, the Hawkettes were able to get over the score line with Shauny McEvoy scoring a touchdown to see the Hawkettes win 6-5 and progress through to the preliminary final. With this result, the Bungendore Tigerettes, who have played well under the guidance of Matt Pateman, are eliminated from the finals. In the major semi-final the Binalong Jersey Girls took on the Yass Girlpies. The first half started very similar to the previous game with the Jersey Girls jumping out to an early lead with touchdowns to Lisa Smith, Jess Howard and Madaline Brayshaw. The Girlpies were able to get on the scorecard with a late touchdown to Casey Edwards which would see the Jersey Girls take a 3-1 lead into half-time. The second half saw the Jersey Girls turn up the intensity and it wasn’t long before they had jumped away to a convincing lead with a touchdown to Rachel Fisher and two touchdowns to Bronwyn Pollack. The Girlpies were able to withstand pressure from numerous attacks from the Jersey Girls, but unfortunately it was too much with Madaline Brayshaw and Lisa Smith both scoring their second touchdowns. The Girlpies would not give up though and persistence paid off with a touchdown to Sartu Beck and Casey Edwards scoring her second touchdown. It would not be Yass’s day with Bronwyn Pollack crossing the score line late to notch up her third touchdown for the afternoon and sealing a 9-3 victory for the Jersey Girls.Speaking with Madaline Brayshaw after the match she mentioned it was all a bit emotional.“I would never have thought at the beginning of the season that we would be in the GF at the end of the competition. It is great for the girls and the town of Binalong itself.”With these results, Binalong will progress to the grand final and will wait to verse the winner of Yass Girlpies and Harden Hawkettes who will play in the preliminary final on Saturday in Harden at 2:00pm.Related LinksGeorge Tooke Finalslast_img read more

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