Life

Emmys Nominees List 2022: What to Expect

European Economics Preview: Italy Retail Sales Data Due

Retail sales data from Italy is due on Monday, headlining a light day for the European economic news.

At 2.00 am ET, Statistics Norway publishes consumer and producer prices for June. Consumer price inflation is forecast to rise to 5.9 percent from 5.7 percent in May.

In the meantime, foreign trade from Romania and consumer prices from Lithuania are due.

At 3.00 am ET, the Czech Statistical Office releases retail sales for May. Economists forecast sales to fall 1.5 percent annually, reversing April’s 5.0 percent increase.

At 5.00 am ET, the Hellenic Statistical Authority releases Greece retail sales, industrial production and producer prices data.

Madison Dearborn Partners To Acquire Majority Stake In Unison From Carlyle

Unison, a leading provider of procurement, supply chain, and contract management software to U.S. federal government agencies and government contractors, announced Tuesday that it will receive a strategic majority investment from funds affiliated with private equity investment firm Madison Dearborn Partners, LLC.

As part of the transaction, funds managed by global investment firm Carlyle Group (CG) will sell its majority stake to MDP, while remaining a strategic partner as a minority investor. MDP joins existing investors, Carlyle and Unison management, to provide additional resources and industry expertise to Unison. Financial terms were not disclosed.

The transaction is anticipated to close in the third quarter of 2022. Upon closing, funds associated with MDP will own a controlling stake in Unison, while Carlyle will retain a significant minority equity position.

Unison’s management team will continue to serve in their current roles and members of Unison leadership will maintain a significant portion of their investment in Unison.

25% Rise In US Covid Casualties In A Fortnight

Deaths due to coronavirus infection in the United States have increased by 25 percent in the last two weeks, New York Times’ latest tally shows.

Cases have risen by 10 percent in the same period.

There is also a corresponding uptick in Covid hospitalizations.

Nearly 34000 people are currently in American hospitals with the coronavirus, an increase of 12 percent over the last two weeks. More than 3,700 of these patients are admitted in intensive care units, marking 11 percent rise in a fortnight.

With 43028 new cases reporting on Monday, the total has risen to 87,889,104, as per Johns Hopkins University’s latest data.

67 Covid deaths took the total U.S. Covid casualties to 1,017,939

California reported the most number of cases – 15,316 – and deaths – 19.

85,286,101 people have so far recovered from the disease, the Worldometer tally shows.

1053 additional deaths were reported globally on Monday, taking the total number of people who lost their lives due to the pandemic so far to 6,340,167.

Pedestrian killed in suspected hit-and-run at Colfax and Quebec in Denver

A pedestrian was killed at Colfax Avenue and Quebec Street on Monday night in what is believed to have been a hit-and-run, according to Denver police.

The crash, the police department wrote in a tweet, involved a motorist and pedestrian at the intersection.

An adult male was pronounced dead at the scene, according to police.

Traffic was being diverted at first but around 1:42 a.m. Tuesday traffic on Colfax reopened.

Police say the investigation is ongoing, so not much else is known at this time.

Fashion company Joules confirms hiring advisors to boost profits

We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info

The retailer, known for its posh wellies, hired KPMG to help boost profits and shore up its balance sheet.

Reports said bosses were considering raising fresh capital. Joules said in May that boss Nick Jones would step down in the first half of its next financial year while warning of the impact on profits of the cost-of-living crisis.

Its share price has plummeted by more than 80 percent in the year to date.

Joules said: “The group continues to focus on improving profitability, cash generation and liquidity headroom.”

Pre-market Movers: AWX, GOEV, CSSE, OB, KSPN…

The following are some of the stocks making big moves in Tuesday’s pre-market trading (as of 07.30 A.M. ET).

In the Green

Avalon Holdings Corporation (AWX) is up over 37% at $3.58
Canoo Inc. (GOEV) is up over 35% at $3.20
Outbrain Inc. (OB) is up over 17% at $5.99
Safe Bulkers, Inc. (SB) is up over 15% at $3.80
Novo Integrated Sciences, Inc. (NVOS) is up over 15% at $2.19
TherapeuticsMD, Inc. (TXMD) is up over 12% at $8.55
Halozyme Therapeutics, Inc. (HALO) is up over 11% at $55.99
Greenwich LifeSciences, Inc. (GLSI) is up over 6% at $9.15

In the Red

Chicken Soup for the Soul Entertainment, Inc. (CSSE) is down over 28% at $5.60
Kaspien Holdings Inc. (KSPN) is down over 16% at $5.71
Excelerate Energy, Inc. (EE) is down over 10% at $18.30
Blade Air Mobility, Inc. (BLDE) is down over 9% at $4.11
Organovo Holdings, Inc. (ONVO) is down over 7% at $2.88
Samsara Inc. (IOT) is down over 5% at $13.00
The Gap, Inc. (GPS) is down over 5% at $8.25

Emmys Nominees List 2022: What to Expect

This year’s Emmy nominees will be announced on Tuesday. The 74th Emmy Awards will be held on Sept. 12.

Send any friend a story

As a subscriber, you have 10 gift articles to give each month. Anyone can read what you share.

Compiled by Rachel Sherman