Blog Posts by Deepak Shenoy

  • The personal and economic costs of getting to Rio

    ERIC FEFERBERG/AFP/Getty Images Olympic gold-medalist Dan O’Brien relied on community donations to become the “world’s greatest athlete.” D MA MB MC MD ME MG ZB ZBR ZD ZG ZQ ZR ZS ZT ZU

    The No. 1 épée fencer in the U.S. lives with several roommates in Astoria, Queens, and works at Dick’s Sporting Goods to help pay the rent.

    Many of the Olympic athletes who don’t gain world-wide fame and end up on a Wheaties box are paid very little, relying on sponsors and the U.S. Olympic Committee (USOC) — and even Kickstarter campaigns — for financial help.

    “When you’re swimming, five, six, seven sometimes eight hours a day it has

    Read More »from These U.S. Olympians have extra motivation to go for the gold: They’re broke
  • We Are a High Tech Supplier: Magna CEO

    Donald Walker, CEO of Magna joins Bloomberg TV Canada's David Scanlan to discuss the latest trends in the auto industry and how the parts supplier plans to keep up with technology.

    More from Bloomberg.com

    Read We Are a High Tech Supplier: Magna CEO on bloomberg.com

    Read More »from We Are a High Tech Supplier: Magna CEO
  • EGain reports 3Q loss

    EGain posts loss of $3 million in third quarter

    SUNNYVALE, Calif. (AP) _ EGain Corp. (EGAN) on Thursday reported a loss of $3 million in its fiscal third quarter.

    The Sunnyvale, California-based company said it had a loss of 11 cents per share.

    The maker of customer engagement software posted revenue of $16.3 million in the period.

    In the final minutes of trading on Thursday, the company's shares hit $3.68. A year ago, they were trading at $3.09.

    _____

    This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EGAN at http://www.zacks.com/ap/EGAN

    _____

    Keywords: eGain, Earnings Report

  • Painful options for some Brooklyn subway riders amid repairs

    NEW YORK (AP) — Riders who use a subway line that goes through the lone tunnel connecting some of Brooklyn's hippest neighborhoods to the city's commercial heart are facing a "Would you rather" question they would rather not be asked.

    Should the tunnel be closed entirely for 18 months or have extremely limited service for three years as damage from Superstorm Sandy is repaired?

    The Metropolitan Transportation Authority, which operates the city's subway system, will decide in the next few months which of the two painful scenarios it will inflict on people who rely on the L train to get across the city's East River. Work would start in 2019.

    The agency is asking riders for their thoughts, presenting the options in the first of two public hearings on Thursday night in Brooklyn. Another meeting will be held in Manhattan.

    "No matter what, it's going to be inconvenient for the public. Either way it's going to be bad," said Carmen Vega, 66, who lived for decades in Brooklyn before moving to

    Read More »from Painful options for some Brooklyn subway riders amid repairs
  • A remodeled version of the SpaceX Falcon 9 rocket lifts off at the Cape Canaveral Air Force Station on the launcher’s first mission since a June failure in Cape Canaveral, Florida, December 21, 2015.  REUTERS/Joe Skipper (Thomson Reuters)
    A remodeled version of the SpaceX Falcon 9 rocket lifts off at the Cape Canaveral Air Force in Cape Canaveral

    SpaceX has been pulling in the wins these past few months. After sticking the landing of an orbital rocket for the first time in December, they stepped it up a notch in April and completed another successful landing, this time on a drone ship in the middle of the ocean.

    Now, SpaceX is preparing for another launch. It'll be their fourth launch this year and they'll be finishing it off with another barge landing attempt.

    The launch is scheduled to take place in the early morning hours of Friday out of SpaceX's launch site at Cape Canaveral, Florida at 1:21 a.m. EDT. Yes, 1:21 a.m. For those of you eager enough to watch live, you can do so below.

    SpaceX initially had the launch scheduled for Thursday at the same time, but they pushed it back a day due to concerns about the weather.

    The company's main mission is to deliver JCSAT-14, a Japanese telecommunications

    Read More »from SpaceX is going to attempt another ocean landing overnight at a very unusual time — here's how to watch live
  • NEW YORK--(BUSINESS WIRE)--

    MSCI Inc. (MSCI), a leading provider of research-based indexes and analytics, will announce the results of the May 2016 Semi-Annual Index Review for the MSCI Equity Indexes – including the MSCI Global Standard, MSCI Global Small Cap and MSCI Micro Cap Indexes, the MSCI Global Value and Growth Indexes, the MSCI Frontier Markets and MSCI Frontier Markets Small Cap Indexes, the MSCI Global Islamic and MSCI Global Islamic Small Cap Indexes, the MSCI Pan-Euro and MSCI Euro Indexes, the MSCI US Equity Indexes, the MSCI US REIT Index, and the MSCI China A Indexes. All changes will be made as of the close of May 31, 2016.

    MSCI will post the list of additions to and deletions from the indexes for the May 2016 Semi-Annual Index Review on its web site, www.msci.com, shortly after 11:00 p.m. Central European Summer Time (CEST) on May 12, 2016.

    A summary

    Read More »from MSCI May Semi-Annual Index Review Announcement Scheduled for May 12, 2016
    Contact:
    Media Inquiries
    New York
    Kristin Meza, MSCI + 1 212 804 5330/kristin.meza@msci.com
    London
    Nick Denton | Christian Pickel, MHP Communications, + 44 20 3128 8754/8208
    MSCI Global Client Service
    EMEA Client Service, + 44 20 7618.2222
    Americas Client Service, 1 888 588 4567 (toll free)
    Asia Pacific Client Service, + 852 2844 9333
  • Trecora posts 1Q profit

    Trecora posts first-quarter profit of $7.2 million

    SUGAR LAND, Texas (AP) _ Trecora Resources (TREC) on Thursday reported first-quarter earnings of $7.2 million.

    On a per-share basis, the Sugar Land, Texas-based company said it had net income of 29 cents. Earnings, adjusted for non-recurring gains, came to 15 cents per share.

    The petrochemical company posted revenue of $52.2 million in the period.

    Trecora shares have fallen 14 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $10.60, a fall of roughly 9 percent in the last 12 months.

    _____

    This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TREC at http://www.zacks.com/ap/TREC

    _____

    Keywords: Trecora, Earnings Report

    Read More »from Trecora posts 1Q profit
  • Los Angeles man guilty in 10 'Grim Sleeper' serial killings

    LOS ANGELES (AP) — A former trash collector in Los Angeles was convicted Thursday of 10 "Grim Sleeper" serial killings that spanned two decades and targeted vulnerable young black women in the inner city.

    Lonnie Franklin Jr. showed no emotion as a clerk read the 10 murder verdicts in Los Angeles County Superior Court after a two-month trial in the potential death penalty case.

    Franklin also was found guilty of one count of attempted murder.

    Jurors were told to return May 12 for the trial's penalty phase. Franklin could receive the death penalty.

    The killings from 1985 to 2007 were dubbed the work of the "Grim Sleeper" because of an apparent 14-year gap after one woman survived a gunshot to the chest in 1988.

    The crimes went unsolved for decades and community members complained that police ignored the cases because the victims were black, poor and some were prostitutes and drug users.

    Much of the violence unfolded during the nation's crack cocaine epidemic when at least two other serial

    Read More »from Los Angeles man guilty in 10 'Grim Sleeper' serial killings
  • [$$] Fires Cause Drop in Canadian Oil Output

    CALGARY, Alberta—Crude oil output from some of Canada’s largest producers dwindled on Thursday, affecting global prices, as raging forest fires led to some reductions in oil sands mining operations.

    While no oil operations have sustained damage from the fires, many operators curbed output amid evacuations of nonessential staff, pipeline outages and the risk from encroaching blazes. That’s led to an output reduction of at least 475,000 barrels a day, or almost one-fifth of Canada’s 2.5 million barrels in total oil sands production. Much of that is imported to crude oil refineries in the U.S.

    The outages are widely expected to be temporary, but they increased the value of typically heavily discounted Canadian crude in trading. West Texas Intermediate, the U.S. benchmark, rose 1.2% to $44.32 a barrel, while the global benchmark Brent rose 0.9%, as worries about lower supplies from Libya and Nigeria also affected trading.

    Oil prices have been weighed down for almost

    Read More »from [$$] Fires Cause Drop in Canadian Oil Output
  • Insulin Pumps Market Is Likely To Grow At A 7.7% CAGR To 2018 : Radiant Insights,Inc

    RadiantInsights.com includes new market research report on "Global Insulin Pumps Market Size, Share And Trends Report Up To 2018 : Radiant Insights" to its huge collection of research reports.

    San Francisco, May 05, 2016 (GLOBE NEWSWIRE) -- Insulin pumps are electronic devices used to monitor the blood sugar of a diabetic patient. It is connected to your belly through a small tube called a catheter. The pump releases rapid-acting insulin which goes to your stomach via the catheter. The pump can be attached to the pocket or on the belt.

     

    Complete Report Available @ http://www.radiantinsights.com/research/global-insulin-pumps-market-2014-2018

     

    Advanced technology includes pumps with glucose sensing technology dubbed ‘artificial pancreas’ which pumps insulin according to glucose levels. The first such device was manufactured by Medtronic and approved by the FDA (US Food & Drug Administration) for patients with type 1 diabetes.

     

    Products of the market are insulin pumps, insulin cartridges, infusion set insertion devices, and infusion sets. Awareness of consumers regarding insulin pumps has led to their rapid adoption. Research on oral insulin,

    Read More »from Insulin Pumps Market Is Likely To Grow At A 7.7% CAGR To 2018 : Radiant Insights,Inc
    Contact:

Blog Posts by Deepak Shenoy

  • The personal and economic costs of getting to Rio

    ERIC FEFERBERG/AFP/Getty Images Olympic gold-medalist Dan O’Brien relied on community donations to become the “world’s greatest athlete.” D MA MB MC MD ME MG ZB ZBR ZD ZG ZQ ZR ZS ZT ZU

    The No. 1 épée fencer in the U.S. lives with several roommates in Astoria, Queens, and works at Dick’s Sporting Goods to help pay the rent.

    Many of the Olympic athletes who don’t gain world-wide fame and end up on a Wheaties box are paid very little, relying on sponsors and the U.S. Olympic Committee (USOC) — and even Kickstarter campaigns — for financial help.

    “When you’re swimming, five, six, seven sometimes eight hours a day it has

    Read More »from These U.S. Olympians have extra motivation to go for the gold: They’re broke
  • We Are a High Tech Supplier: Magna CEO

    Donald Walker, CEO of Magna joins Bloomberg TV Canada's David Scanlan to discuss the latest trends in the auto industry and how the parts supplier plans to keep up with technology.

    More from Bloomberg.com

    Read We Are a High Tech Supplier: Magna CEO on bloomberg.com

    Read More »from We Are a High Tech Supplier: Magna CEO
  • EGain reports 3Q loss

    EGain posts loss of $3 million in third quarter

    SUNNYVALE, Calif. (AP) _ EGain Corp. (EGAN) on Thursday reported a loss of $3 million in its fiscal third quarter.

    The Sunnyvale, California-based company said it had a loss of 11 cents per share.

    The maker of customer engagement software posted revenue of $16.3 million in the period.

    In the final minutes of trading on Thursday, the company's shares hit $3.68. A year ago, they were trading at $3.09.

    _____

    This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EGAN at http://www.zacks.com/ap/EGAN

    _____

    Keywords: eGain, Earnings Report

  • Painful options for some Brooklyn subway riders amid repairs

    NEW YORK (AP) — Riders who use a subway line that goes through the lone tunnel connecting some of Brooklyn's hippest neighborhoods to the city's commercial heart are facing a "Would you rather" question they would rather not be asked.

    Should the tunnel be closed entirely for 18 months or have extremely limited service for three years as damage from Superstorm Sandy is repaired?

    The Metropolitan Transportation Authority, which operates the city's subway system, will decide in the next few months which of the two painful scenarios it will inflict on people who rely on the L train to get across the city's East River. Work would start in 2019.

    The agency is asking riders for their thoughts, presenting the options in the first of two public hearings on Thursday night in Brooklyn. Another meeting will be held in Manhattan.

    "No matter what, it's going to be inconvenient for the public. Either way it's going to be bad," said Carmen Vega, 66, who lived for decades in Brooklyn before moving to

    Read More »from Painful options for some Brooklyn subway riders amid repairs
  • A remodeled version of the SpaceX Falcon 9 rocket lifts off at the Cape Canaveral Air Force Station on the launcher’s first mission since a June failure in Cape Canaveral, Florida, December 21, 2015.  REUTERS/Joe Skipper (Thomson Reuters)
    A remodeled version of the SpaceX Falcon 9 rocket lifts off at the Cape Canaveral Air Force in Cape Canaveral

    SpaceX has been pulling in the wins these past few months. After sticking the landing of an orbital rocket for the first time in December, they stepped it up a notch in April and completed another successful landing, this time on a drone ship in the middle of the ocean.

    Now, SpaceX is preparing for another launch. It'll be their fourth launch this year and they'll be finishing it off with another barge landing attempt.

    The launch is scheduled to take place in the early morning hours of Friday out of SpaceX's launch site at Cape Canaveral, Florida at 1:21 a.m. EDT. Yes, 1:21 a.m. For those of you eager enough to watch live, you can do so below.

    SpaceX initially had the launch scheduled for Thursday at the same time, but they pushed it back a day due to concerns about the weather.

    The company's main mission is to deliver JCSAT-14, a Japanese telecommunications

    Read More »from SpaceX is going to attempt another ocean landing overnight at a very unusual time — here's how to watch live
  • NEW YORK--(BUSINESS WIRE)--

    MSCI Inc. (MSCI), a leading provider of research-based indexes and analytics, will announce the results of the May 2016 Semi-Annual Index Review for the MSCI Equity Indexes – including the MSCI Global Standard, MSCI Global Small Cap and MSCI Micro Cap Indexes, the MSCI Global Value and Growth Indexes, the MSCI Frontier Markets and MSCI Frontier Markets Small Cap Indexes, the MSCI Global Islamic and MSCI Global Islamic Small Cap Indexes, the MSCI Pan-Euro and MSCI Euro Indexes, the MSCI US Equity Indexes, the MSCI US REIT Index, and the MSCI China A Indexes. All changes will be made as of the close of May 31, 2016.

    MSCI will post the list of additions to and deletions from the indexes for the May 2016 Semi-Annual Index Review on its web site, www.msci.com, shortly after 11:00 p.m. Central European Summer Time (CEST) on May 12, 2016.

    A summary

    Read More »from MSCI May Semi-Annual Index Review Announcement Scheduled for May 12, 2016
    Contact:
    Media Inquiries
    New York
    Kristin Meza, MSCI + 1 212 804 5330/kristin.meza@msci.com
    London
    Nick Denton | Christian Pickel, MHP Communications, + 44 20 3128 8754/8208
    MSCI Global Client Service
    EMEA Client Service, + 44 20 7618.2222
    Americas Client Service, 1 888 588 4567 (toll free)
    Asia Pacific Client Service, + 852 2844 9333
  • Trecora posts 1Q profit

    Trecora posts first-quarter profit of $7.2 million

    SUGAR LAND, Texas (AP) _ Trecora Resources (TREC) on Thursday reported first-quarter earnings of $7.2 million.

    On a per-share basis, the Sugar Land, Texas-based company said it had net income of 29 cents. Earnings, adjusted for non-recurring gains, came to 15 cents per share.

    The petrochemical company posted revenue of $52.2 million in the period.

    Trecora shares have fallen 14 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $10.60, a fall of roughly 9 percent in the last 12 months.

    _____

    This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TREC at http://www.zacks.com/ap/TREC

    _____

    Keywords: Trecora, Earnings Report

    Read More »from Trecora posts 1Q profit
  • Los Angeles man guilty in 10 'Grim Sleeper' serial killings

    LOS ANGELES (AP) — A former trash collector in Los Angeles was convicted Thursday of 10 "Grim Sleeper" serial killings that spanned two decades and targeted vulnerable young black women in the inner city.

    Lonnie Franklin Jr. showed no emotion as a clerk read the 10 murder verdicts in Los Angeles County Superior Court after a two-month trial in the potential death penalty case.

    Franklin also was found guilty of one count of attempted murder.

    Jurors were told to return May 12 for the trial's penalty phase. Franklin could receive the death penalty.

    The killings from 1985 to 2007 were dubbed the work of the "Grim Sleeper" because of an apparent 14-year gap after one woman survived a gunshot to the chest in 1988.

    The crimes went unsolved for decades and community members complained that police ignored the cases because the victims were black, poor and some were prostitutes and drug users.

    Much of the violence unfolded during the nation's crack cocaine epidemic when at least two other serial

    Read More »from Los Angeles man guilty in 10 'Grim Sleeper' serial killings
  • [$$] Fires Cause Drop in Canadian Oil Output

    CALGARY, Alberta—Crude oil output from some of Canada’s largest producers dwindled on Thursday, affecting global prices, as raging forest fires led to some reductions in oil sands mining operations.

    While no oil operations have sustained damage from the fires, many operators curbed output amid evacuations of nonessential staff, pipeline outages and the risk from encroaching blazes. That’s led to an output reduction of at least 475,000 barrels a day, or almost one-fifth of Canada’s 2.5 million barrels in total oil sands production. Much of that is imported to crude oil refineries in the U.S.

    The outages are widely expected to be temporary, but they increased the value of typically heavily discounted Canadian crude in trading. West Texas Intermediate, the U.S. benchmark, rose 1.2% to $44.32 a barrel, while the global benchmark Brent rose 0.9%, as worries about lower supplies from Libya and Nigeria also affected trading.

    Oil prices have been weighed down for almost

    Read More »from [$$] Fires Cause Drop in Canadian Oil Output
  • Insulin Pumps Market Is Likely To Grow At A 7.7% CAGR To 2018 : Radiant Insights,Inc

    RadiantInsights.com includes new market research report on "Global Insulin Pumps Market Size, Share And Trends Report Up To 2018 : Radiant Insights" to its huge collection of research reports.

    San Francisco, May 05, 2016 (GLOBE NEWSWIRE) -- Insulin pumps are electronic devices used to monitor the blood sugar of a diabetic patient. It is connected to your belly through a small tube called a catheter. The pump releases rapid-acting insulin which goes to your stomach via the catheter. The pump can be attached to the pocket or on the belt.

     

    Complete Report Available @ http://www.radiantinsights.com/research/global-insulin-pumps-market-2014-2018

     

    Advanced technology includes pumps with glucose sensing technology dubbed ‘artificial pancreas’ which pumps insulin according to glucose levels. The first such device was manufactured by Medtronic and approved by the FDA (US Food & Drug Administration) for patients with type 1 diabetes.

     

    Products of the market are insulin pumps, insulin cartridges, infusion set insertion devices, and infusion sets. Awareness of consumers regarding insulin pumps has led to their rapid adoption. Research on oral insulin,

    Read More »from Insulin Pumps Market Is Likely To Grow At A 7.7% CAGR To 2018 : Radiant Insights,Inc
    Contact:

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