RF Industries Ltd reported fourth-quarter FY21 net sales growth of 97 percent year-on-year to $21.1 million, beating the Street view of $16.5 million. Backlog was $33.3 million as of October 31, on Q4 bookings of $22.9 million. Non-GAAP EPS of $0.10 missed the estimate of $0.12. Gross profit margin contracted 250 bps Q/Q to 25.3…
Unemployment Benefits Expire for Millions of Americans on Labor Day, White House Won’t Extend
Starting on Labor Day, more than 7 million people across the United States will lose their pandemic unemployment benefits, and the White House isn’t planning to extend the program. The emergency federal jobless benefits of $300 per week was a key provision of the CARES Act passed in March 2020 and was extended by Congress…
Convenience Store Owner Finds Discarded $1 Million Lottery Ticket, Returns It to Customer
A family-owned convenience store in Southwick, Massachusetts, recently returned a $1 million winning lottery ticket to a customer who’d unwittingly discarded it. The customer, a frequent patron of Lucky Stop convenience store, had bought the ticket from Aruna Shah, the store owner’s wife. But the customer handed it back to be tossed out, assuming it was just…
New York Governor Cuomo’s COVID-19 Book Deal Was Worth Over $5 Million
May 18, 2021
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New York Governor Andrew Cuomo’s contract with publishers for his book about dealing with the COVID-19 pandemic was worth over $5 million, according to tax documents released by his office to the media on Monday. Cuomo was initially lauded for his handling of a crippling coronavirus outbreak in New York, but praise turned to blame…
J&J Reports $100 Million in Vaccine Sales as Results Top Forecasts
April 20, 2021
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Johnson & Johnson beat expectations for quarterly earnings and raised its dividend payouts to shareholders on Tuesday, while reporting $100 million in sales of its COVID-19 vaccine, whose use was paused by U.S. regulators last week. The company, which has previously said the vaccine will be available on a not-for-profit basis until the end of…
Pennsylvania Teen Awarded Over $1 Million in Scholarships, Gets Accepted Into 18 Colleges
Many teens apply for college scholarships, hoping to ease the cost of tuition after high school. When one young woman in Philadelphia applied for financial support, she never imagined that she’d be awarded over $1 million for her education. Shanya Robinson-Owens applied to more than 20 colleges and was accepted into a total of 18…
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