Jackson Financial Q2 Adj. Operating Profit Rises – Quick Facts

England's COVID-19 prevalence decreases to 1 in 80, ONS says

FILE PHOTO: A person receives a dose of the Pfizer BioNTech vaccine at the Central Middlesex Hospital in London, Britain, August 1, 2021. REUTERS/Henry Nicholls

LONDON (Reuters) – The prevalence of COVID-19 infections in England was around 1 in 80 people in the week ending Sept. 11, Britain’s Office for National Statistics (ONS) said on Friday, a slight decrease from the previous week’s estimate of 1 in 70.

Physical CU Buffs expecting stern test from Minnesota – The Denver Post

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Abu Dhabi cancels COVID-19 entry testing for UAE travellers

DUBAI (Reuters) – Abu Dhabi will cancel COVID-19 testing requirements to enter the emirate for travellers from the UAE starting on Sunday, the United Arab Emirates’ state news agency WAM said on Saturday.

The UAE’s capital had restricted entry into the emirate to those with a negative PCR test. Earlier this month, Abu Dhabi removed the need to quarantine for all vaccinated travellers arriving from international destinations.

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Vietnam approves Cuba's Abdala vaccine for use against COVID-19

FILE PHOTO: Doses of Cuba’s Abdala coronavirus disease (COVID-19) vaccine are seen at a vaccination center in Caracas, Venezuela July 1, 2021. REUTERS/Manaure Quintero/File Photo

HANOI (Reuters) – Vietnam has approved Cuba’s Abdala vaccine for use against the new coronavirus, the government said on Saturday.

Abdala becomes the eighth COVID-19 vaccine approved for use in Vietnam, which is battling its worst outbreak in months.

US to buy millions of Pfizer vaccine doses to donate to world: Washington Post

WASHINGTON (REUTERS) – The United States plans to buy millions of additional doses of the Pfizer Covid-19 vaccine to donate around the world, The Washington Post reported on Friday (Sept 17), citing two unidentified people familiar with the deal.

This story is developing

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Fire breaks out at Glacier Creek Stables in Rocky Mountain National Park.

A structure fire broke out Saturday afternoon at the Glacier Creek Stables in Rocky Mountain National Park.

The 3 p.m. fire was limited to one structure, RMNP said on Twitter at 5:06 p.m.

Bear Lake Road was closed for inbound traffic because of the fire, park officials said. There were no reports of injuries. The cause of the fire is under investigation.

U.S. Wholesale Inventories Increase In Line With Estimates In July

A report released by the Commerce Department on Friday showed wholesale inventories in the U.S. increased in line with economist estimates in the month of July.

The report said wholesale inventories rose by 0.6 percent in July after jumping by 1.2 percent in June. The increase matched expectations as well as the preliminary estimate.

Inventories of durable goods shot up by 1.0 percent during the month, more than offsetting a 0.1 percent dip in inventories of non-durable goods.

The Commerce Department also said wholesale sales surged up by 2.0 percent in July after spiking by 2.3 percent in June.

The report showed sales of durable goods jumped by 1.1 percent, while sales of non durable goods soared by 2.8 percent.

With sales increasing by more than inventories, the inventories/sales ratio for merchant wholesalers fell to 1.20 in July from 1.22 in June.

Jackson Financial Q2 Adj. Operating Profit Rises – Quick Facts

Jackson Financial Inc. (JXN) reported an improved second-quarter adjusted operating earnings due largely to strong private equity investment returns and separate account growth. Jackson separated from Prudential plc on September 13, 2021, and the results mark the company’s first quarterly earnings report as an independent public company. Jackson Financial expects to pursue profitable growth and deliver on its financial target of $325 million-$425 million in capital return to shareholders in its first year as a public company.

Second-quarter adjusted operating earnings were $636 million, or $6.74 per share, compared to $375 million or $8.44 per share, a year ago. The company reported a net loss of $540 million, or $5.72 per share, for the quarter.

Fee income increased to $1.90 billion from $1.56 billion, prior year. Total revenues were $231.9 million, for the quarter.