Digi International Q4 Profit Rises

Digi International Inc. (DGII) Thursday reported fourth-quarter net income increased to $4.4 million or $0.15 per share, up from $2.3 million or $0.08 per share last year.

Adjusted earnings increased to $0.32 per share from $0.18 per share last year.

Revenues increased 12.6% to $73.2 million from $65.0 million last year.

Analysts polled by Thomson Reuters estimated earnings of $0.09 per share on revenues of $72.04 million.

Digi did not provide any financial guidance, due to the ongoing uncertainties caused by the COVID-19 pandemic and the resulting dynamic macroeconomic conditions.

Colorado State vs. Boise State live blog: Real-time updates from the college football game at Albertsons Stadium – The Denver Post

Live updates, tweets, photos, analysis and more from the Colorado State Rams game against the Boise State Broncos at Albertsons Stadium in Boise, Idaho on Nov. 12, 2020.

Mobile users, if you can’t see the live blog, tap here.

October fuel demand rises by about 2.5%

Consumption of fuel, a proxy for oil demand, totalled 17.78 million tonnes.

India’s fuel demand rose about 2.5% in October compared with a year earlier, data from the Petroleum Planning and Analysis Cell of the oil Ministry showed on Thursday.

Consumption of fuel, a proxy for oil demand, totalled 17.78 million tonnes, the data showed. Demand for diesel, widely used for transportation as well as for irrigation needs in India, climbed 7.4% year-on-year to 6.99 million tonnes. Sales of gasoline, or petrol, rose about 4.3% to 2.65 million tonnes. Cooking gas, or liquefied petroleum gas, sales increased about 3% to 2.42 million tonnes, while naphtha sales rose 15% to 1.3 million tonnes.

Eric Min Named Head of Content At 1091 Pictures

1091 Pictures has hired former XYZ Films executive Eric Min as the Head of Content where Min will spearhead content acquisition, client management, and release management for the film and series distribution label.

“We are thrilled to have Eric join us to lead 1091’s fantastic Content team,” said Doug Shineman, Chief Revenue
Officer for 1091 Pictures. “Eric’s broad experience across development, talent relationships, acquisitions, and sales will prove valuable as 1091 Pictures lines up an exciting streaming slate for 2021.”

During his time at XYZ Films, Min was part of the international sales and distribution team and ran all aspects of the worldwide sales, distribution, and acquisition of feature films, including notable titles Arctic with
Mads Mikkelsen, Mandy, starring Nicolas Cage, Brawl in Cellblock 99, and Vivarium.

Before XYZ, Min served as the EVP for film and TV at Aldamisa Entertainment for five years, overseeing international sales, distribution, and content acquisitions. Prior to this, Min was VP of international sales and distribution for Seven Arts Pictures.

Said Min, “I’m excited to join the 1091 Pictures team and continue to build upon the success of the company’s award-winning slate as we broaden our focus towards bigger-budget titles for both domestic and global releases.”

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GardaWorld Gets Clearance From U.S., Canada Regulators To Proceed Proposed Merger With G4S

Garda World Security Corp., which has offered to acquire security company G4S plc (GFSZY.PK,GFS.L), Thursday said that competition regulators in Canada and the United States have cleared the way for the combination of GardaWorld and G4S to proceed.

The regulators allowed the relevant waiting periods to expire without requiring any further investigation or consequent remedial action.

As part of GardaWorld’s takeover offer, through its unit Fleming Capital Securities, Inc., GardaWorld submitted filings with a number of competition regulators around the world.

GardaWorld said it has enjoyed constructive and positive discussions with regulatory authorities.

GardaWorld’s board has long believed that a combination with G4S creates a significant global business with the ability to challenge larger market participants.

In late October, G4S’ Board unanimously rejected a 190 pence per share takeover offer by GardaWorld, calling it inadequate. The Board also urged its shareholders to reject the offer noting that the timing of the offer is highly opportunistic and significantly undervalues the business.

It was on September 30 that GardaWorld & BC Partners made the unsolicited offer. However, G4S issued statements earlier, continuously rejecting the offer.

Football: Scotland win on penalties to qualify for Euro 2020

BELGRADE (AFP) – Scotland beat Serbia on penalties on Thursday (Nov 12) to qualify for Euro 2020 and secure a place at what will be their first major tournament in 23 years.

Luka Jovic’s late equaliser for Serbia cancelled out Ryan Christie’s opener and took the play-off final in Belgrade to extra time, and eventually penalties.

Scotland, who have not qualified for a major tournament since the 1998 World Cup, then triumphed 5-4 in the shoot-out and will go on to play England, Croatia and the Czech Republic in Group D at the finals.

‘Squad’ Members Reject Marco Rubio After He Calls For Republicans To Rebrand

Sen. Marco Rubio (R-Fla.) is proposing a rebrand of the Republican Party that better connects with “multiethnic, multiracial, working class” voters.

The senator’s comments, made in an interview with Axios, prompted Intercept reporter Murtaza Hussain to quip that “Marco Rubio is joining The Squad.”

Two of the members of the so-called “Squad” of progressive House Democrats, Ilhan Omar of Minnesota and New York’s Alexandria Ocasio-Cortez, were quick to provide the group’s thoughts on that proposal:

Rubio, who was defeated by Donald Trump in the 2016 Republican presidential primaries and has since been a staunch ally to the president, told Axios that Republicans need to rebrand their party as champions of working-class voters and move away from its traditional embrace of big businesses, which he said those voters are largely against.

His analysis comes in the wake of Trump’s projected loss to Democrat Joe Biden. Rubio said he was not ruling out a 2024 presidential run.

The four members of the “Squad” ― Omar, Ocasio-Cortez, Ayanna Pressley of Massachusetts and Rashida Tlaib of Michigan ― have championed progressive policy proposals, such as “Medicare for All,” abolishing U.S. Immigration and Customs Enforcement and the Department of Homeland Security, increasing the top marginal tax rate and canceling student debt. All four women won reelection last week.

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