Thursday, 17 Jun 2021

Tata Motors’ loss narrows to ₹7,585 cr. on improved sales

Rockies offensive pillars Trevor Story, Raimel Tapia struggling lately in the box

Los Angeles Angels superstar Mike Trout out at least six weeks with calf strain

The Los Angeles Angels will be without star center fielder Mike Trout for an extended period of time after the three-time AL MVP strained his right calf muscle running the bases Monday night in a game against Cleveland.

The Angels announced Tuesday that they have put Trout on the injured list and that he is expected to be sidelined for six to eight weeks. 

If his recovery goes without a hitch, he'd still be out until the beginning of July. On the more conservative side, he wouldn't be back until after the All-Star break. 

Trout had missed three games earlier this season after being hit by a pitch on his left elbow.

Mike Trout has left tonight’s game after he was seen limping on the bases.pic.twitter.com/uJq4GsqJkn

Despite the Angels' 18-22 record, Trout was off to what might have been the best start of any of his 10 full seasons in the majors. 

Over 36 games, Trout is hitting .333 with eight home runs and 18 RBI, while leading the American League in both on-base percentage (.466) and slugging percentage (.624). 

WSJ writer rebuffs teachers union boss' profane reaction to COVID op-ed: She has no 'endocrinology degree'

Randi Weingarten slams Wall Street Journal after critical op-ed

Bill McGurn and Leo Terrell react on ‘The Story’

Wall Street Journal editorial board member William McGurn pushed back Tuesday on American Federation of Teachers President Randi Weingarten after she slammed an op-ed critical of her school reopening recommendations.

As the New York Post reported earlier this month, emails gleaned through a FOIA request showed that the AFT lobbied the CDC and further “suggested language for [its] school-reopening guidance released in February.”

He added that the unions and Democratic officials are not “following the science” as they claim, pointing to Texas and Florida, which have largely ignored federal lockdown recommendations.

“They have not suffered. Follow the science? The problem is not in the schools,” he said, alleging that unions are using this time to “build a war chest” to fund Democratic candidates in the 2022 midterm elections “at the expense of the kids.”

Ted Cruz’s Cancun Joke Gets A Cool Reaction From Twitter Users

Sen. Ted Cruz (R-Texas) attempted to make a joke about his Cancun scandal earlier this year, but it turned into a self-own.

It happened Tuesday after the Republican politician responded to a tweet about cheap airfares to Cancun with one word: “Awesome!”

Cruz probably intended to make a self-deprecating joke, but it left many people cold, considering the senator ditched his fellow Texans and flew to Cancun in February when the state was experiencing power outages caused by historic winter weather.

After citizens objected to Cruz leaving them in the cold, he quickly flew back home, but not after blaming the decision to go on the trip on his daughters and, of course, the media.

But Twitter users knew Cruz deserved all the blame for Tuesday’s tweet.

One person decided the turn the tables on the senator with another “awesome” tweet.

Cruz has previously attempted to joke about the scandal.

In February, he began his speech at the Orlando Conservative Political Action Conference (CPAC) by joking, “God bless CPAC. I gotta say, Orlando is awesome. It’s not as nice as Cancun, but it’s nice.”

Trip.com Group Limited Q1 adjusted earnings of -RMB0.34 per share

Below are the earnings highlights for Trip.com Group Limited (TCOM):

-Earnings: RMB1.78 billion in Q1 vs. -RMB5.35 billion in the same period last year.
-EPS: RMB2.88 in Q1 vs. -RMB8.98 in the same period last year.
-Excluding items, Trip.com Group Limited reported adjusted earnings of RMB0.20 billion or -RMB0.34 per share for the period.
-Revenue: RMB4.11 billion in Q1 vs. RMB4.74 billion in the same period last year.

Tata Motors’ loss narrows to ₹7,585 cr. on improved sales

Firm cautions on supply-side disruptions, chip shortage

Tata Motors on Tuesday reported a narrowing of consolidated net loss to ₹7,585 crore for the fourth quarter ended March 31, aided by improved sales.

The company had posted a consolidated net loss of ₹9,864 crore in the January-March period of 2019-20, Tata Motors said in a filing. Total income stood at ₹89,319 crore. It was ₹63,057 crore in the year-earlier period.

The company’s British arm, Jaguar Land Rover reported a pre-tax loss of £952 million for the quarter owing to the £1.5 billion of exceptional charges. However, JLR clocked a 20.5% increase in revenue to £6.5 billion during the quarter led by China and the new Defender model. For FY21, JLR’s revenue was £19.7 billion.

Commenting on JLR’s performance, company CEO Thierry Bollore said, “I have been encouraged by the company’s resilience and strong recovery during a uniquely challenging year.”

On a standalone basis, it reported a net profit from continuing operations of ₹1,645.69 crore. It had reported a loss from continuing operations of ₹4,871.05 crore in the year-earlier period. Standalone total income was ₹20,305.9 crore as against ₹10,001.8 crore.

On the outlook, it said while demand remains strong, the supply situation over the next few months may be adversely impacted by disruptions from lockdowns in India and semiconductor shortages globally.

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