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The Evolutionary Perspective
Category Archives: Evolution
Acceleron Pharma Inc. (XLRN) is primed for evolution with the beta value of 1.11 – The InvestChronicle
Posted: March 30, 2020 at 7:53 am
Acceleron Pharma Inc. (XLRN) is priced at $87.05 after the most recent trading session. At the very opening of the session, the stock price was $79.42 and reached a high price of $87.94, prior to closing the session it reached the value of $82.03. The stock touched a low price of $79.42.
Acceleron Pharma Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the companys stock is recorded $97.56 on 03/03/20, with the lowest value was $37.01 for the same time period, recorded on 06/11/19.
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stocks existing status and the future performance. Presently, Acceleron Pharma Inc. shares are logging -10.77% during the 52-week period from high price, and 135.21% higher than the lowest price point for the same timeframe. The stocks price range for the 52-week period managed to maintain the performance between $37.01 and $97.56.
The companys shares, operating in the sector of healthcare managed to top a trading volume set approximately around 819578 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Acceleron Pharma Inc. (XLRN) recorded performance in the market was 64.18%, having the revenues showcasing 67.31% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 4.41B, as it employees total of 237 workers.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 65.61, with a change in the price was noted +40.73. In a similar fashion, Acceleron Pharma Inc. posted a movement of +87.93% for the period of last 100 days, recording 617,927 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the companys financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders equity. The total Debt to Equity ratio for XLRN is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Raw Stochastic average of Acceleron Pharma Inc. in the period of last 50 days is set at 77.52%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 66.23%. In the last 20 days, the companys Stochastic %K was 52.28% and its Stochastic %D was recorded 43.34%.
Lets take a glance in the erstwhile performances of Acceleron Pharma Inc., multiple moving trends are noted. Year-to-date Price performance of the companys stock appears to be pessimistic, given the fact the metric is recording 64.18%. Additionally, trading for the stock in the period of the last six months notably improved by 112.47%, alongside a boost of 93.36% for the period of the last 12 months. The shares increased approximately by 7.45% in the 7-day charts and went up by 20.90% in the period of the last 30 days. Common stock shares were driven by 67.31% during last recorded quarter.
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22nd Century Group, Inc. (XXII) is primed for evolution with the beta value of 1.31 – The InvestChronicle
Posted: at 7:53 am
Lets start up with the current stock price of 22nd Century Group, Inc. (XXII), which is $0.74 to be very precise. The Stock rose vividly during the last session to $0.79 after opening rate of $0.76 while the lowest price it went was recorded $0.71 before closing at $0.77.
22nd Century Group, Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the companys stock is recorded $2.46 on 09/27/19, with the lowest value was $0.60 for the same time period, recorded on 03/12/20.
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stocks existing status and the future performance. Presently, 22nd Century Group, Inc. shares are logging -69.96% during the 52-week period from high price, and 23.18% higher than the lowest price point for the same timeframe. The stocks price range for the 52-week period managed to maintain the performance between $0.60 and $2.46.
The companys shares, operating in the sector of healthcare managed to top a trading volume set approximately around 714303 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the 22nd Century Group, Inc. (XXII) recorded performance in the market was -32.81%, having the revenues showcasing -34.01% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 93.53M, as it employees total of 67 workers.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 1.0254, with a change in the price was noted -1.0109. In a similar fashion, 22nd Century Group, Inc. posted a movement of -57.77% for the period of last 100 days, recording 2,177,174 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the companys financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders equity. The total Debt to Equity ratio for XXII is recording 0.01 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Raw Stochastic average of 22nd Century Group, Inc. in the period of last 50 days is set at 23.18%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 47.97%. In the last 20 days, the companys Stochastic %K was 55.79% and its Stochastic %D was recorded 49.02%.
If we look into the earlier routines of 22nd Century Group, Inc., multiple moving trends are noted. Year-to-date Price performance of the companys stock appears to be encouraging, given the fact the metric is recording -32.81%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -69.20%, alongside a downfall of -57.28% for the period of the last 12 months. The shares increased approximately by 13.17% in the 7-day charts and went up by 7.12% in the period of the last 30 days. Common stock shares were lifted by -34.01% during last recorded quarter.
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Relive the evolution of Bad Bunny fashion on and off the red carpet – Up News Info
Posted: at 7:53 am
Boring and basic are two words that are not part of Bad bunnyVocabulary
The star of the Latin trap, whose real names are Benito Antonio Martnez Ocasio, he is not only known for his music around the world. It is also famous for its electrifying and daring fashion.
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Take a look at The Bad Bunny on stage or on the red carpet, and you'll see he's pulling out all the style stops with something as loud and eye-catching as his standout tunes.
In fact, she has previously explained how her love of fashion and singing often go hand in hand.
"My style influences my music and everything around me," he said. Billboard in a sitting interview. "You can tell that the way you dress is like a type of art form. I think everyone should dress (in a way that uses their creativity and as a way of expressing themselves however they want."
The 26-year-old star always appears and shows up no matter the occasion.
Since putting a third prosthetic eye on the 2018 American Music Awards to illuminate the Super bowl 2020 Halftime show in a silver coat featuring 13,000 Swarovski stones, her lewks are simply unique and unforgettable.
To see the glorious evolution of Bad Bunny fashion, please browse our gallery below.
ABC / Image Group LA
Spy eye
All eyes are on Bad bunny at the 2018 American Music Awards and he wants it that way! "The eye represents power and confidence," he shares with Billboard. From her black and white striped pants to her colorful skull embellished blouse, this is an iconic ensemble.
Michael Tran / FilmMagic
Orange you glad
The jewel-encrusted mask is just a jerk. But the orange over-the-face coat with butterfly accessories and a white hoodie make it even more fabulous.
Jeff Kravitz / FilmMagic
Silver Fox
The 26-year-old singer makes the crowd go wild in the Super bowl 2020 Halftime show. Her custom dazzled silver coat also blows away with her 13,000 blinding Swarovski stones that were hand-stitched and hand-selected.
Eric Jamison / Invision / AP / REX / Shutterstock
Green with envy
Green with envy! The Puerto Rican star makes the red carpet her runway at the Billboard Music Latin Awards in her lavender outfit and lime green hair.
Alexander Tamargo / Getty Images
In the ring
This lewk is a knockout! Bad Bunny takes the stage in Miami in an eccentric outfit: the bright yellow plaid pants, the red sneakers and the fighting belt are the chef's kiss.
David Becker / Getty Images for LARAS
Suitable
The Latin trap singer pays tribute to one of his heroes at the 2018 Latin Grammy Awards: Stone Cold Steve Austin.
Youtube
Blank vision
The Bad Rabbit looks like an angel in his white suit that he puts on in his music video "If We Were Together,quot;.
(Photo by Sam Wasson / FilmMagic)
Majestic purple
the YHLQMDLG The singer serves up lewks at the 2018 Billboard Latin Music Awards in his violet outfit, featuring floral embroidery, yellow diamond accents, and more.
Kevin Mazur / WireImage
Everything in the details
Looking chic and chic! The "Go,quot; star wears a completely black fit that combines high fashion with everyday wear at the 2019 MTV Video Music Awards.
Dia Dipasupil / VMN19 / Getty Images for MTV
Sunny yellow
One word: unforgettable! the Oasis singer takes the stage with J Balvin at the 2019 MTV Video Music Awards in an electrifying custom-made costume.
Kevin Winter / Getty Images for Coachella
Color me happy
Bad Bunny makes a great entry during his 2019 Coachella with a colorful design by Imran Moosvi. His holographic sunglasses and black combat boots tie the eye-catching lewk.
Steve Marcus / Getty Images
Bright and bold
Fashion highlight literally! Bad Bunny brings bright, bold style front and center at the Calibash 2019 event in Las Vegas.
Victor Chavez / Getty Images for Spotify
Matrix humor
El Conejo Malo bets on a gothic and glamorous atmosphere at the Spotify Awards 2020 with his Matrix-esque set.
Alexander Tamargo / Getty Images
Checkered daddy
Sometimes less it is plus. The "Caro,quot; singer wears a gray checkered suit that is anything but basic.
Scott Dudelson / Getty Images
Slam dunk
The 26-year-old star takes the stage in Inglewood, California, and pays tribute to the Los Angeles Lakers in his purple and gold jersey.
Jeff Kravitz / FilmMagic
Gucci Get-Up
Feeling Gucci! Bad Bunny brings luxury fashion to the basketball court with his GG embossed coat at the State Farm 2020 All-Star Game.
Kevin Winter / Getty Images for Coachella
I Perreo Sola Vibes
The Latin trap singer lights up the stage at Coachella 2019 in his neon hoodie and matching multi-colored suit.
Richard Shotwell / Invision / AP
Flower power
Not suitable for boring or basic outfits, El Conejo Malo makes all the fashionable stops at the 2017 Latin American Music Awards. He even wears a diamond pendant that he had specially made.
Denise Truscello / Getty Images for LARAS
Royal blues
Her voice may be smooth as buttuh, but her fashion is smooth as velvet! The 26-year-old star appears and performs in a larger than life blue velvet coat at the 2019 Latin Grammy Awards.
We can't wait to see what the Latin trap singer wears next.
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Relive the evolution of Bad Bunny fashion on and off the red carpet - Up News Info
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Exhaust Podcast: The Evolution of Motocross Gaming – Racer X Online – Racer X Online
Posted: at 7:53 am
We know. If Racer X went heavy on video games a month ago, a lot of fans would wonder what the heck was going on. But with real racing shut down for at least a few months, virtual versions of the real thing have become theonlything. NASCAR and Fox Sports have gone heavy, announcing Sundays will be filled with real drivers racing on TV but using video game simulations. Can that work in supercross and motocross? Not quite, but we can try to work the edges. In this edition of theRacer X Exhaust Podcast, Jason Weigandt and our online content editor, Kellen Brauerperhaps the world's foremost expert in motocross gamingdiscuss the evolution of dirt bikes in the virtual and digital world. What are today's games like? How close are they to the real thing? Will serious gamers ever get the 2.0 versions of their favorite old games? These topics are now more important than ever!
The Racer X Exhaust podcast is presented by Yoshimura.
Subscribe via iTunesor your favorite podcast app by searching for the Racer X Podcast Network. It's also available on theRacer X Illustrated YouTube channel, Spotify, andGoogle Play Music.
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From rainbow to gray: The evolution of hair dye – CNN
Posted: March 25, 2020 at 9:42 am
Written by Marianna Cerini, CNN
For centuries, hair dye has been pivotal in helping people portray a certain image -- to either fit in with the beauty standards of the day or to dramatically subvert them.
Women in particular have long tried to conform with the notion that female beauty comes with a glossy mane -- from blonde to black to dusted with gold or flour, depending on the time and place.
"Throughout history, the status of our hair has served as an instant visual cue for value judgment," said Caterina Gentili, PhD candidate at the Centre for Appearance Research in England, in a phone interview. "One of the many ways for society to objectify female bodies, and deem them worthy, or not, of attention."
In recent decades, Gentili said "hair color products have become a key tool for women to stay visible, and shield them from one of the biggest stigmas placed on them: aging."
However, the figures don't show a small, growing trend among women to embrace their natural locks -- grays included -- as a statement against traditional gender expectations.
Now, dying your hair is not solely about covering up imperfections; it's about upending ideals, making a bold statement and reclaiming your natural hue.
From leeches and sulfuric acid to synthetic dyes
In its early iterations, hair coloring was done by both men and women to enhance their looks or hide white strands, according to Victoria Sherrow's "Encyclopedia of Hair: A Cultural History."
Ancient civilizations used rudimentary hair colorants, based on recipes that included cassia bark, leeks, leeches, charred eggs, henna -- still commonly used across the Middle East and India -- and even gold dust.
Ancient Greeks favored gold and red-gold shades, associated with Aphrodite, the goddess of love, health and youthfulness. Likewise, high-class Greek and Roman prostitutes opted for blonde hues to suggest sensuality.
This advertisement for Circassian hair dye published in 1843 promises to change light hair into "beautiful" brown or black. Credit: Bettman Archive/Getty Images
It wasn't until the Middle Ages in Europe that hair dyeing began shifting into a predominantly female habit.
Bleaches, often made with blended flowers, saffron and calf kidneys, were particularly in vogue, although Roman Catholics associated blond hair with lasciviousness.
Red dyes, often a mix of saffron and sulfur powder -- the latter of which could induce nosebleeds and headaches, was popularized during the 16th-century reign of Elizabeth I of England.
The hue was a favorite in Italian courts as well, thanks to Renaissance artist Titian, who painted female beauties with red-gold locks. In the 18th century, European elites favored perfumed white and pastel powders made from wheat flour dusted lightly onto natural hair and wigs.
While most hair dyes were composed of plants and animal products, the evolution of the practice also saw the use of dangerous, even lethal methods to change hair color: lead combs to darken it, or sulfuric acid to lighten it.
It wasn't until the early 20th century that hair dye as we know it -- chemical, in a rainbow of colors, shop-bought or salon-applied -- came to be.
In 1907, a young French chemist named Eugene Schueller used para-phenylenediamine (PPD), a chemical discovered in the previous century, for the world's first synthetic dye, which he called "Oral."
Two years later, Schueller founded his business, the French Harmless Hair Dye Company -- a name meant to alleviate people's fears of using manufactured hair color. In 1909, he decided to change it to something a little snappier: L'Oral.
A shop assistant holds a color sample against a customer's hair in 1965. Credit: Angelo Cozzi/Mondadori/Getty Images
The aging card
For the first decades of the 20th century, women were fearful of commercial dye formulants. Chemical hair color was considered unsafe, and the practice itself had an image problem: as in the modest Victorian era, it was seen as something vain women, not respectable housewives, would do.
In the 1940s, even as the beauty trend became more popular, salons offered back entrances for clients who didn't want to make their dye habits known.
To expand their market, some beauty companies decided to tap into the anxiety around aging and sell color as a way to cover up gray hair. A black-and-white French L'Oral ad from the 1920s depicted a sad-looking woman next to a smiling version of herself in a black bob; the English translation reads: "Not one more white hair; forever 30 years old."
A Clairol print campaign from 1943, "Gray Hair -- The Heartless Dictator," declared: "Without justice or kindness, gray hair can rule your life... It can dictate many things you say or do. No wonder other women refuse to tolerate this tyrant."
"While the ideal had been perpetuated for generations, the modern beauty industry pushed it in a more aggressive way, playing on insecurities (and) self-doubt."
Advertisers saw an opportunity to market home coloring kits to women in the 1950s. Credit: Found Image Holdings/Corbis/Getty Images
But dyeing is no longer just about natural looks. Dip dyes and rainbow hues spanning pink, turquoise and violet have become fashionable for young women across the world and, to an extent, men (such as celebrities Jared Leto and Zayn Malik). Bright shades also began appearing on armpit hair, notably by Miley Cyrus.
Color is now used to make a bold individual statement. Credit: Edward Berthelot/Getty Images
Roxie Jane Hunt, a Seattle-based hair stylist who specializes in rainbow dyes, sees this new approach as a way "to demonstrate personal choice and play around with identity," she said over the phone. "A lot of women feel like they want to stand out, not blend in."
Japanese twins Ami and Aya -- "Amiya" -- during Paris Fashion Week, March, 2020. Credit: Edward Berthelot/Getty Images
Gray is the new blond
Suddenly, gray tones were cool -- albeit, one might argue, only on women under 40, and when achieved via costly colorants and treatments.
While gray coloring might trend on Instagram, natural gray hair still has a complicated reputation for women around the world -- and in China, men.
"Gray has been made out to be something to be avoided at all costs in the name of self-respect," Robinson noted.
Jamie Lee Curtis at the "Knives Out" film premiere in Los Angeles in November, 2019. Credit: David Buchan/Shutterstock
For the handful of famous women who have embraced it -- Judi Dench, Helen Mirren, Jamie Lee Curtis, Theresa May, Christine Lagarde -- there's a much larger segment of the entertainment, cultural and political worlds that have not.
"The lack of white-haired role models or naturally graying young stylish icons isn't at all surprising," Gentili said. "For a long time, and still today, a woman with gray hair would conjure up images of a grandmother: wise and nurturing, but completely desexualized. Salt-and-pepper men on the other hand -- even that expression is so different! -- are seen as distinguished, charismatic, confident, experienced, sexy."
"Embracing natural gray hair truly is a lifestyle shift, not just a trend," she said. Most people who do it don't usually return to dyeing. It's a liberating decision."
She notices how young some of the posters are, and hopes the term "premature graying," which describes people in their 20s and 30s, can be re-evaluated.
"Is it truly 'premature graying,' or has hair dye been established as such a standard that we don't know what natural looks like at certain ages?"
Be it gray or lime green, embracing a color change outside of the established canon is, for many, a leap of faith.
"It's a form of self-expression," Hunt said.
All the more if you're asserting yourself as a woman who is not afraid of aging.
"It takes courage," Gentili said. "It's a choice far more rebellious than any pink dye will ever be."
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Frogs have evolved extreme skulls with hidden fangs and horns – CNET
Posted: at 9:42 am
It looks like a Pokmon skull, but this thing is real.
Some humble frogs may have more hiding beneath their moist, slick skin than may appear -- namely, horns, spikes and fangs that make up their surprisingly unconventional skulls.
In a truly metal development, 3D scans have revealed that although most frogs subscribe to the smooth skull shape you'd likely expect, others have evolved extreme, unusual skulls with crests and armorlike fortifications.
The study that references the scans, published Monday in the journal Proceedings of the National Academy of Sciences, forms part of the National Science Foundation-fundedoVertproject, which seeks to digitize and catalog vertebrate anatomical data.
"Superficially, frogs may look similar, but when you look at their skulls, you see drastic differences," Daniel Paluh, lead author and doctoral student at the University of Florida, said in a statement.
"Some of the weirdest skulls are found in frogs that eat birds and mammals, use their heads as a shield, or in a few rare cases, are venomous. Their skulls show how strange and diverse frogs can be," Paluh said.
The team analyzed skull shapes from 158 species (across all living frog families), revealing that extra layers of bone were present in all the unusually shaped skulls, in the form of ridges, grooves and layers -- a process called "hyperossification," or excessive bone formation.
Though habitat can be isolated as one of the key reasons some frogs will develop this trait and others won't, additional reasons are still a matter of speculation.
Limnonectes dabanus showing off its extra large head.
Jodi Rowley, a biologist with theAustralian Museum Research Institutewho specializes in amphibians, suggests it could very well be due to factors like fighting, mating and defending territory.
"There's so much we don't know about evolution and adaptation in frogs, but it's likely that these crazy skulls evolved in different ways for different species," Rowley said. "Some features may have also evolved due to other pressures -- perhaps 'fangs' [were] for eating, but became useful and exaggerated for other purposes (i.e. fighting)."
The result is an array of horned, crested and fanged frogs that, skeletally, are a far cry from the smooth-skulled green frogs we've come to see in popular culture.
"Some of the adaptations are remarkable," said Rowley. "From the 'fangs' that Southeast Asian Fanged Frogs (Limnonectes sp.) fight each other with, which are actually bone projections, to the elaborate spikes on the skulls of Casque-headed Tree Frogs (Corythomantis greeningi), that actually deliver venom."
"We've got so much to learn about frogs that most of this is speculation -- exciting speculation though! Every bit of research that is published that sheds light on frogs and their evolution or adaptation helps us better understand and hopefully conserve these unique and often threatened animals."
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KORE Announces Next Stage in Evolution of its Vertical Market IoT Strategy – Business Wire
Posted: at 9:42 am
ATLANTA--(BUSINESS WIRE)--KORE, the independent global IoT leader, today unveiled its unprecedented strength and capabilities in new, specialized vertical markets, underscored by the companys mission to help the worlds most innovative brands deploy, manage, and securely scale IoT solutions. The company brings expertise and IoT integration services to solution provider and enterprise customers serving the following industries: healthcare, life sciences, asset management, fleet management, and manufacturing/industrial IoT.
KORE is leveraging the power of its recent acquisitions to showcase its end-to-end solution capabilities in key verticals. The December acquisition of Integron, for example, allows KORE to bring the industrys most powerful healthcare IoT solution set to market. Additionally, its acquisition of ASPIDER-NGI, a leading provider of advanced connectivity, core network and embedded SIM (eSIM/eUICC) solutions allows KORE to offer a single global SKU to simplify the deployment of IoT devices across vertical markets worldwide, with particular relevance to large scale international and industrial deployments.
We are entirely cognizant of the role of our solution provider customers. Their knowledge of the industry use case is critical to credibly providing the end solution to their customers, said KORE President & CEO, Romil Bahl. However, neither our solution provider customers nor our enterprise customers should be trying to do everything themselves. As IoT use cases mature and accelerate, time-to-market will be increasingly important to how well our customers can compete. We at KORE help tremendously with IoT adoption, scaling, and speed-to-benefits. Today we are saying, more confidently than ever before, that KORE is the quintessential integrator for our customers IoT needs.
KOREs focus will be to support all of the behind-the-scenes details that go into making an IoT solution a success so that its customers, both solution providers, and enterprises, can focus extensively on the experience of their end-user customers, and maximize the value of the data relative to their respective verticals.
Specifically, KORE is launching the following industry solution areas:
Our strategic acquisitions continue to bear fruit, and as a result, KORE is now uniquely positioned to deliver secure solutions that enable these industry use cases and markets, continued Bahl. This level of focus, however, is only possible with the strength of KOREs underlying technology and the KORE One platform which help our customers simplify complexity, accelerate deployments and maximize ROI.
To learn more about how KORE is helping companies around the world launch, manage and scale their IoT deployments, visit http://www.korewireless.com.
About KOREKORE Wireless Group (KORE) is a pioneer, leader, and trusted advisor delivering transformative business performance. We empower organizations of all sizes to improve operational and business results by simplifying the complexity of IoT. Our deep IoT knowledge and experience, global reach, purpose-built solutions, and deployment agility accelerate and materially impact our customers business outcomes.
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ESG ETFs Could Be the Next Big Evolution in Investment Strategies – ETF Trends
Posted: at 9:42 am
With the exchange traded fund industry continuing to grow and expand, money managers see strategies focused on environmental, social, and governance as part of the next evolution in the innovative ETF space.
We see ESG becoming a bigger and bigger part of investors concerns and something theyre going to be looking at very closely, Daniel Noonan, Executive Vice President, Head of ETF Sales, U.S. Global Wealth Management, PIMCO, said at the Inside ETFs conference.
For example, PIMCO recently came out with the PIMCO Enhanced Short Maturity Active ESG ETF (NYSEArca: EMNT), which aims to offer higher income than traditional cash investments, with a modest increase in risk and focuses on issuers with high quality environmental, social, and governance (ESG) practices.
EMNT is based on the success of PIMCOs Enhanced Short Maturity Active Exchange-Traded Fund (MINT) and invests in high-quality money market instruments and short-term fixed income securities. The fund blends PIMCOs active fixed income management with its disciplined ESG investment framework. The framework favors issuers identified by PIMCO as best-in-class, with robust environmentally conscious practices, strong corporate governance, and industry-leading social policies.
Additionally, PIMCO rolled out the PIMCO RAFI ESG U.S. ETF (RAFE), which is benchmarked to the Research Affiliates RAFI ESG US Index and seeks to outperform market capitalization-weighted indices while investing in ESG-conscious companies.
The fund utilizes Research Affiliates time-tested Fundamental Index approach which weights stocks by economic size, rather than by market capitalization, and is built on the principles of contrarian investing and disciplined rebalancing, offering the potential for improved returns. This is paired with Research Affiliates unique approach to ESG, investing in ESG-conscious companies as well as incorporating two additional metrics linked to improved return potential financial discipline and diversity.
For more ETF-related commentary from Tom Lydon and other industry experts, visit ourvideo category
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MGM Resorts, Evolution Gaming and 888 Holdings: COVID-19 updates – Casino Beats
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Global organisations continue to get to grips with the global coronavirus pandemic, as MGM Resorts International pledges further relief nationwide with a number of the firms properties making donations to benefit local communities.
Through an array of initiatives designed to support those impacted economically by COVID-19, donations includes a $1m crisis and disaster relief pledge into an employee emergency grant fund as well as the equivalent of 400,000 meals across the United States.
As we confront extraordinary events and an unprecedented global pandemic crisis, we know that this is an extremely challenging and uncertain time for many of our employees, their families, friends and neighbours and we are committed to help those in need, said Bill Hornbuckle, acting CEO and president of MGM Resorts International.
We have done a number of things to help our colleagues, including significantly expanding eligibility coverage for the MGM Employee Emergency Grant Fund. MGM Resorts International is donating $1m towards disaster relief to offer additional support to employees impacted by the crisis and who may be experiencing hardships.
Weve also stepped up our commitment to communities around the country. Over the past week, MGM has donated the equivalent of 400,000 meals through local food banks to alleviate food insecurity in the United States.
Online gaming organisation 888 Holdings anticipates a potential impact on group EBITDA in the current financial year of up to high single digit millions of dollars, should global sporting cancellations continue for a significant period of time.
However, the firm asserts confidence that an evidenced increase of customer activity in the its casino and poker products could, in part, compensate for the sports betting disruption.
Entering 2020 with strong momentum, 888s performance in the current financial year has seen continued progress across the casino and sport verticals as each recorded average daily revenue 24 per cent ahead of the prior year
Issuing an update for the period ahead, and the spread of COVID-19, 888 explained: The board recognises that, with people spending more time at home and with potentially increased stress from economic uncertainty, 888s vigilance on safe gambling and preventing gambling-related harm is even more important than ever.
The group continues to offer its customers support and is proactively communicating with its customers to make them aware of safe gambling tools to limit and control their play. In addition, 888 continues to leverage its unique observer software to scan player data and identify potential areas of concern in order to prevent gambling harm.
As a purely online operator with diversified brands across product verticals and geographies, a strong balance sheet with $99.5m of cash and cash equivalents at the 2019-year end, and a proven track record of delivering operational efficiencies, the board is confident in 888s ability to manage these challenges.
Underpinned by the strength of 888s technology, its growing customer base and the Groups talented and committed teams, the board continues to see a number of significant growth opportunities for the group which it is confident of progressing during 2020 and beyond.
Just days after Evolution Gaming acknowledged a potential impact on its live studio operations, the company has been instructed by Georgian authorities to temporarily close the floor operations at its Tbilisi site.
Commenting that the studio adhered to current guidelines regarding social distancing and the extensive number of infection prevention measures in place, the company said that its in close contact with local authorities in order to verify the taken measures and to be able to reopen the studio. The situation is developing, and Evolution will adapt continuously.
As previously announced, Evolution operates studios in eight locations, and the company has routines for redundancy and continuity in the respect of studio operations.
In direct response to the criticism of a few unethical affiliates exploiting the current coronavirus crisis by supervisory authorities, Gaming Innovation Group is offering free searches to operators that are concerned that their brand might be promoted inappropriately.
We dont believe anyone should be profiteering off this crisis, which is having a huge effect on so many within our industry and through many others, James King, director of sales of GiG.
Therefore we at GiG are running checks against COVID-19/ Coronavirus (and other associated keywords) for operators for free. Our technology can scan and analyse thousands of web pages within a short space of time and therefore is well placed to support our industries fight against those profiteering off the back of this crisis.
In the US Gaming and Leisure Properties is currently monitoring ongoing events to better understand the timeline and geographic footprint of interruptions to the operations of properties, after state and regulatory authorities began mandating the closure of gaming facilities.
With gross gaming revenue exceeding expectations during the first two months of the year, the company is withdrawing previously communicated guidance issued last month in light on the coronavirus pandemic.
Peter Carlino, chairman and CEO of GLPI, commented, Our management team has a long track record of managing through challenging market conditions, as do the management teams at our portfolio of 42 gaming and related facilities where we own the underlying real estate. In addition, our assets remain a strong and integral component of state budgets across the country given their relevance and significance to tax revenue generation.
As the properties in our portfolio begin to open and start the process of returning to normalised operations, our geographically diversified portfolio stands to play an important role in the recovery process, providing a significant source of employment and an equally significant source of state tax revenue generation.
To conclude, Churchill Downs Incorporated has announced the temporary suspension of live racing at Miami Valley Raceway at Miami Valley Gaming in Lebanon, Ohio and Fair Grounds Race Course in New Orleans, Louisiana in cooperation with state and local authorities as a precautionary measure to COVID-19.
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Gov. Beshear has been in office for 3 months. Handling a pandemic wasn’t on the calendar – Courier Journal
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During Monday's coronavirus briefing at the state Capitol, Gov. Andy Beshear said doctors and nurses treating patients amid the PPE shortage are heroes, and they are showing "once-in-a-generation courage." March 23, 2020(Photo: Matt Stone/Courier Journal)
Gov. Andy Beshear's first months in office weren't supposed to be like this.
He was supposed to spend more time advocating in Frankfort for his campaignpriorities investing more in public education and trying to persuade Kentucky's Republican-run legislature to generate money for the state bylegalizing casino gambling.
But whentheglobal COVID-19 pandemic breached Kentucky's borders,Beshear's focus had to shift to protecting the publicfrom a deadly, fast-spreading virus.
He has taken aggressive steps to limit the spread of the virus, issuing orders thatprompted thousands ofKentuckians to lose their jobs.
Shortlyafter taking officein December, Beshear said he was"committed to building a commonwealth that is focused on the common good" and pledged to "work to address the anxieties that people worry about at the end of the day. ..."
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No one could have envisioned how quickly that commitment would be put to the test.
"I want to start the way we always start, and that's reaffirming that we will get through this, and we will get through it together," Gov. Andy Beshear said Sunday as he began another of his daily, widely viewed press conferences about the coronavirus situation. "It's not easy and it's not going to be easy, and it's probably going to get tougher before it gets easier, but we are resilient people, and we can and we will do this together."
Live updates: Get the latest information on COVID-19 in Kentucky
Coronavirus map: How many coronavirus cases are in Kentucky? Where are they?
Beshear showed acalm, even-keeled demeanor during last year's elections, making the case to voters that he was a more polite and better choice for governor than Matt Bevin, thebombastic, confrontational conservative who then led the state's executive branch.
Nowadays, Beshear continues with hisdisciplined,soft-spoken message, even as he makes hard-linechoices.
Kentuckians see what he's doing, and many of them are praising him for it.
The internet is full of good-natured memesriffing onhis efforts to not only reassure people, but alsoadmonishthose who aren't taking the coronavirus seriously enough.
He's being compared to MisterRogers, and some people are even joking about how they've developed a crush on him because of how he's handling this crisis. Othersare such big Beshear fans,they'rebuying socks dotted with images of his smiling face.
Related: Meet Virginia, the silent partner in Kentuckys modern-day fireside chats with Gov. Beshear
The decisions Beshear has been making haven't been universally supported, though. He has repeatedly referencedreports he's received of people and businesseswho are ignoring his orders.
The comments on his Facebook page include a ton of pro-Beshear posts, but there's also some criticism about how his decisions can hurtKentuckians economically.
"So lets crash our state economy. That makes sense," one person wrote.
Another commented: "Some of us will be homeless soon, glad the weather outside is nice."
Other posts aren't critical but do voice concerns about how people will be affected.
"We need to know whats going to happen to the people who are losing their jobs and still have to pay rent," one person said in a recent comment.
4 cents in the bank: Louisville restaurant workers are reeling fromclosures
In his daily press conferences, which are broadcast online and on TV, Besheardescribes the latest data on the coronavirus cases that have been confirmed across the state and announces his latest recommendations and orders.
He takes questions from reporters, as well as ones people submit online. And he often talks directly to the viewers, including kidswatching with their parents.
He offers tips on how to manage the anxiety he knows people are feeling and tells them he's feeling it, too.
Kentucky Gov. Andy Beshear looks back at a video screen during a children's press conference about the coronavirus. The video showed a mother and daughter talking about the effect the pandemic has had on kids. March 17, 2020.(Photo: Matt Stone/Courier Journal)
He's been doing these press conferences for a fewweeks now. He wore a suit jacket and tie at first, but lately he's worn a simple button-down shirt with the sleeves rolled up.
And more and more folks are tuning in.One of his most recent appearances racked up 290,000 views on Facebook alone.
"Hes an extremely calming presence," said Dawn Howard of Louisville, who listens tohis press conferences most days.
Howard, a self-employed certified public accountant, is far from Beshear's biggest fan.
She said she didn't vote for him in last year's Democratic primary (although she did support him when he faced off against Bevinin November).
"I found him to be kind of wooden and not super-engaging," she said of Beshear. "But Ive been really impressed with his warmth and his obvious empathy and his willingness to make tough calls and be strong on this stuff."
She thinks Beshear is striking a balance inmaking sure Kentuckians take the pandemic seriously without talking about it in a way that terrifies them.
"Hes like a cult of personality right now, which is very funny," she said. "But Ithink peopleare just really responding to that. Theyre responding to the comfort and the steadiness, and they have a lot of affection for it becausewere all really scared."
Howard finds the memes about Beshear kind of ridiculous, and she's sure he does, too. "But I think it's important to keep things light whenever we can," she noted.
"I actually feel really proud to be from Kentucky right now," she said. "... We have somebody leading Kentuckythat is setting a standard that other people are taking notice of and admiring."
Read this: Other states make competing offers forBeshear, but he's ours
The praise for Beshear isn't just coming from liberal circles.
State Rep. Jason Nemes, a Louisville Republican, said he trusts Beshear, even though they fundamentally disagree on a lot of things.
"Peopleare tried by the moment, by circumstances," Nemes said. "Gov. Beshear is being tried by some very difficult circumstances, and I think hes rising to the occasion. It doesnt surprise me.
"When you have character, when you have heart, you can stand up when the going gets tough, and that's what the governors doing right now. Hes meeting the occasion."
Nemes said Beshear is to be commended for surrounding himself with experts and following their evidence-based suggestions, in addition to communicating openly with the broader public about what his administration is doing.
That doesn't mean the governor's decisions haven't been controversial.
Nemes has heard from a lot of his constituents, many of whom are afraid of the coronavirus and support Beshear's efforts to contain it and many of whom are upset Beshear has gone further than some othergovernors in his response to the pandemic, issuing orders that have restricted business and endangered their livelihoods.
"Theres true fear on both sides, and theres a lot of people on both sides," Nemes said.
He understands the concerns of people who worry Beshear may be going overboard.
"If I had worked my entire life, and I've got a little something because Ive created a business, and now Im losing it all, you want to know: 'Are these steps legit?'" Nemes said. "But at the same time, this is the unknown. We dont know what is to come, and weve seen from some other places like Italy that our health care system can be overrun very quickly. And were trying to stop that."
Here's what Nemes is trying to tell the concerned constituents he's hearing from: "'Listen ... Itrust our governor, and Itrust the people around him.'
"I know Andy Beshear the man more than I know Andy Beshear the governor. Andy Beshearis a good man," Nemes told The Courier Journal."And Andy Beshearthe man is trying to do right by the people that he is the governor of."
Beshear, 42, has been an elected official for less than five years, and he's been governor for less than four months.
But hehas deep roots in the commonwealth and in its politics. Born and raised in the Bluegrass State, he is the son of Steve Beshear, a former governor, lieutenant governor and attorney general of Kentucky.
The elder Beshear was hit with a national crisis, too,when the U.S. economy took a nosedive soon after he became governorin 2007, forcing massive state budget cuts.
Andy Beshear followed in his father's footsteps in 2015, when he was elected attorney general. Then, in November 2019, he won the gubernatorial election in an increasingly red state by a thin margin and was sworn into office the following month four years, almost to the day, since his fatherleft the Governor's Mansion in December 2015.
During his term as attorney general, Beshear generally came off as mild-manneredand often took a measured approach when making public appearances and statements.
However, that doesn't mean Beshearavoided conflict.
During hisstint as attorney general, he regularly butted heads with Bevin.
Beshear challenged some of Bevin's governing decisions in court, with mixed results. And when Bevin and GOP lawmakers clashed with public school teachers over pensions and other issues, Beshear aligned himself with educators and sued to block acontroversial pension reform law many of them opposed.(He won that case.)
Teachers were credited with returning the favorby helping him beat Bevin last year.
With this pandemic, Howard the Louisville CPA said she has been pleasantly surprised by Beshear's willingness to make tough, sometimes unpopular calls.
Looking back, though, she indicated that it's clear he has a track record of being willing to fight for things he thinks are necessary.
"We knew that he was strong because he did a great job of standing up against Bevin on things that he thought were important as attorney general," she said."I knew that he had a backbone."
Beshear entered the governor's office withbig goals.
The lone Kentucky Democrat with actual power in Frankfort, he planned to advocate hard for legalizingcasinos to bring in more tax revenue an admittedly hard sell, but something he felt could helpthe state's severely struggling public pension system.
And he wanted to work on getting the statetopour more money into public education, including enough supportto give teachers a $2,000 raise and fully fund their pensions.
Then came the pandemic.
He orderedbars, restaurants,gyms, hair and nail salons, "nonessential" retail stores and other businesses to indefinitely close their doors to in-person customers.
Hetold senior and childcare centers to close temporarily, asked medical professionals to stop doing elective procedures and recommended the state's public school districts stay closed until at least April 20.
"You know, Ihave put my dreams as governor on hold. And in fact, I've had to make decisions that listen Iknow they've impacted you watching a lot more than they have impacted me," he told the people tuned in to one of his press conferences last week.
"I'm a governor that ran to create opportunity, both for everyone and their small business, and a governor that wanted to make sure that we had more educational opportunities for our kids. And what have I had to do?" Beshear asked.
"I have had to close more businesses out there than maybe any governor has ever had to, and I've had to ask our superintendents which all agreed to call off school," he said."Why? Because it's what we have to do to beat the coronavirus."
Sarah Davasher-Wisdom, president and CEO of Greater Louisville Inc., said her organization is appreciative of Beshear, even though he has issued orders that have hurtbusinesses and their employees.
"The drastic measures that are being put into place are meant to mitigate the impact of COVID-19s spread, and we think thats very important," she said. "The more we enact short-term pain, the more longer-term gain we will see."
GLI, which is the Louisville region's chamber of commerce, is trying to help employers and out-of-work individuals through a job-matching program it's running with KentuckianaWorks, according to Davasher-Wisdom.
"I think everyone is very much in shock right now, but Ihave not really heard many businesses that are expressing anger about the orders...," she said.
Davasher-Wisdom said she feels the Beshear administration is taking thebusiness community's concerns into account. But there are still a lot of unknowns out there.
"Peopleare most in need of certainty, and unfortunately, thats just the one thing that we cant obtain right now," she said.
Listening to the experts
Doctors and nurses are on the front lines of this pandemic.
When asked to assess Beshear's strategy, representatives from the Kentucky Nurses Association and the Kentucky Medical Association pointed to the same thing: He's involving health care experts in his decision-making and paying attention to them.
"What that means is that the people who are at the table have knowledge to help him to make good decisions," said Delanor Manson, a nurse who is also CEO of theKentucky Nurses Association, which is a voice for Kentucky's 90,000 nurses statewide. "Nobody works in a vacuum in a situation like this."
Manson saidshe supports the hard-line calls Beshear has made to limit people's exposure to the virus and said he isn't pulling those choices out of thin air, but instead is listening to experienced medical professionals.
"Thats called leadership," she said of Beshear's approach to the pandemic. "And that has nothing to do with being mild-mannered or aggressive or assertive. It has to do withwhat needs to be done to protect and save Kentuckians."
Opinion: Feeling anxious about the coronavirus? Here's how you can cope
Beshear's decisions haven't only affected people who work inplaces like restaurants, bars, stores and day cares. He also toldhospitals and health care professionals to stop performing elective procedures, but left room for doctors' discretionon individual cases.
Dr. Brent Wright, president of the Kentucky Medical Association, saidthat guidance acknowledges the importance of letting health care professionals use their own judgment on whether a procedure is necessary.
Wright also notedthe governor is working closely withDr. StevenStack, the commissioner of the Kentucky Department forPublic Health, and said Stack has stressed the importance of physicians' leadership and innovation during this crisis.
"Wehave felt very respected by this administration through this process and through this response to COVID19," Wright said of the physicians the KMA represents.
"Were looking at this as ... reason and caution over revenue and convenience," he said. "We dont have a chance given the nature of this virus the aggressiveness of its spread and its ability to affect vulnerable populations, as well as all ages to choose a response thats not geared toward maximizing human life."
Wright said he met briefly with the governor recently in Frankfort. They were headed to a press conference at the Capitol when they passed by the rotunda, where another event would soon be held.
And I think what impressed me was the governor looked to his left, in the rotunda, and made the comment that he thought the chairs were too close together that we needed to space the chairs out more to protect people," Wright said.
Reach reporter Morgan Watkins: 502-582-4502; mwatkins@courierjournal.com; Twitter:@morganwatkins26. Support strong local journalism by subscribing today:courier-journal.com/morganw.
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