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☆ With a Mask and Nitrogen Tank, Alabama Pioneers Execution Method
▼ + stars: | 2024-01-24 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +4 min

By Jonathan Allen(Reuters) - If federal courts give the green light, Alabama plans on Thursday to pioneer the first new method of judicial execution since lethal injections were introduced in 1982. "If this execution is successful then we're going to see nitrogen hypoxia take off across the country," said Rev. Smith is scheduled to be the first prisoner subjected to the method, which Alabama refers to as 'nitrogen hypoxia,' on Thursday evening at Alabama's Holman Correctional Facility. Alabama Solicitor General Edmund LaCour told federal judges last week that the state has since developed "the most painless and humane method of execution known to man." This is the first time he has had to sign a form acknowledging the risk that an execution method poses to others in the execution chamber.

Persons: Jonathan Allen, Jeff Hood, Kenneth Smith, Elizabeth Sennett, Smith, Kenny, Hood, Edmund LaCour, We're, Stéphanie Boucher, Paul Thomasch, Diane Craft Organizations: Reuters, Alabama Department, Corrections, Alabama's Holman Correctional Facility, 11th Circuit U.S, Alabama, Veterinary Medical Association, Worth, Allegro Industries, Allegro's, Walter Surface Technologies Locations: Alabama, . Oklahoma, Mississippi, New York, South Carolina, Allegro's Canada

☆ Poland's Allegro sees higher holiday-quarter earnings after Q3 core profit beat
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsNov 16 (Reuters) - Poland's biggest e-commerce platform Allegro (ALEP.WA) said on Thursday it expects earnings to rise 20%-23% year-on-year at home in the crucial holiday quarter, after its third-quarter core profit topped expectations. Allegro's adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) rose 32.4% to 778 million zlotys ($191.7 million) in the Polish market, compared to 760 million zlotys expected in a company-compiled consensus. Gross merchandise value (GMV), an industry metric used to measure transaction volumes, rose in Poland by 10.5% to 13.3 billion zlotys in the reporting quarter. The number of active buyers in Poland grew for a sixth consecutive quarter to 14.5 million, it added. ($1 = 4.0587 zlotys)Reporting by Anna Pruchnicka; Editing by Kim Coghill and Varun H KOur Standards: The Thomson Reuters Trust Principles.

Persons: Dado Ruvic, Roy Perticucci, Perticucci, Gross, Anna Pruchnicka, Kim Coghill, Varun Organizations: REUTERS, Thomson Locations: Slovakia, Hungary, Slovenia, Croatia, Czech Republic, Poland

☆ Here are Cowen's top chip picks for an EV and autonomous-auto future
▼ + stars: | 2023-05-23 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

That's because the vehicle platform redesigns need to come through semiconductor innovations in processing and power-management technologies, analyst Joshua Buchalter wrote in a report on Monday. "We believe these powerful secular content themes are underappreciated amidst appropriate cyclical concerns and pushback on EV attach rate projections," he added. In fact, companies indexed to these trends can outgrow the broader market and should be on investors' radar today, Buchalter said. TD Cowen's proprietary model forecasts the total automotive semis market growing at a 9% compound annual growth rate from 2023 to 2030 — doubling to about $121 billion. The company has already amassed a $30 billion auto revenue pipeline, spread across the digital cockpit, connectivity and ADAS, he pointed out.

Persons: TD Cowen, That's, Joshua Buchalter, Buchalter, Mobileye, Matthew Ramsay, Ramsay, — CNBC's Michael Bloom Organizations: Microsystems, Mobileye's, Nvidia, Qualcomm Locations: ADAS

☆ Top Wall Street analysts pick these five stocks for the long term
▼ + stars: | 2023-03-19 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +7 min

Given the ongoing uncertainty, turning to stock market experts to pick attractive stocks for the long term could be a good decision. Allegro expects to flourish in these two key markets and to deliver low-double-digit percentage revenue growth from fiscal 2023 to 2028. CrowdStrike's adjusted earnings per share for the fourth quarter of fiscal 2023 (ended Jan. 31) increased 57%, fueled by revenue growth of 48%. The company's adjusted EPS grew 8% and came ahead of Wall Street's expectations, while revenue growth of 18% fell short of estimates. Nonetheless, Oracle is optimistic about the solid potential of its cloud business, which delivered 45% revenue growth in the fiscal third quarter.

☆ Allegro.eu's Polish unit fined $48 mln for violation of competition rules
▼ + stars: | 2022-12-29 | by ( ) www.reuters.com time to read: +2 min

GDANSK, Dec 29 (Reuters) - Poland's anti-monopoly office on Thursday fined the Polish unit of Luxembourg-based e-commerce group Allegro.eu (ALEP.WA) just over 210 million zlotys ($48 million), saying it had broken competition rules and violated its own terms and conditions. UOKiK also fined Allegro nearly 4 million zlotys on Thursday for terms violations. The company also said that 99% of sales on Allegro.pl were carried out by independent sellers and the remaining 1% through its own store. According to the investigation carried out by the watchdog, Allegro started favouring its own retail sales operations in May 2015. Shares in Allegro.eu retreated sharply from the day's highs following the news before climbing back to close up 2.5%.

☆ Allegro third-quarter profit rises as Polish business returns to growth
▼ + stars: | 2022-11-30 | by ( ) www.reuters.com time to read: +2 min

Nov 30 (Reuters) - Poland's biggest e-commerce platform Allegro (ALEP.WA) reported a rise in third-quarter core profit on Wednesday, driven by a recovery in the company's key home market, as it managed delivery costs and saw gross merchandise value rise. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) rose 13.9% to 537.3 million zlotys ($119.16 million) beating average analysts' expectations of 496 million zlotys in a company-compiled consensus. Gross merchandise value (GMV), an industry metric to measure transaction volumes, jumped 21% in Poland to 12.01 billion zlotys, Allegro added. At home, Allegro's adjusted EBITDA showed year-on-year growth of 24.6% to 587.6 million zlotys, after falling 1.5% in the second quarter as the company introduced monetisation initiatives to manage delivery costs. ($1 = 4.5091 zlotys)Reporting by Anna Pruchnicka; Editing by Kim Coghill and Nivedita BhattacharjeeOur Standards: The Thomson Reuters Trust Principles.

☆ Polish e-commerce leader Allegro trims forecast over price fears
▼ + stars: | 2022-09-29 | by ( ) www.reuters.com time to read: +1 min

Sept 29 (Reuters) - Poland's biggest e-commerce company Allegro (ALEP.WA) trimmed its full-year guidance for its core Polish market on Thursday for the second time this year, as it anticipates high inflation could lower demand. Allegro expects year-on-year revenue growth of 23%-26% compared to 25%-30% previously, while adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) are expected to rise by between 10%-12% versus a previous range of 10% and 15%. Allegro said the worsening outlook for economic growth, sustained inflation and concerns over energy security raised the risk of reduced consumer demand during the peak Christmas trading period. Allegro's second-quarter revenue and adjusted EBITDA was in line with preliminary results announced last month at 2.21 billion zlotys ($445.03 million) and 484.1 million zlotys, respectively. ($1 = 4.9660 zlotys)Register now for FREE unlimited access to Reuters.com RegisterReporting by Anna Pruchnicka; editing by Barbara LewisOur Standards: The Thomson Reuters Trust Principles.

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