Photos Heidi Klum And Pau Gasol Honored At Childrens Hospital Gala

first_imgHeidi Klum, Pau Gasol and The Walt Disney Company were honored last week at the Children’s Hospital Los Angeles Gala: Noche de Ninos, for their compassion and dedicated support of the hospital’s mission.Antonio Banderas and Actress Melanie Griffith attend the Children’s Hospital Los Angeles Gala: Noche de NinosCredit/Copyright: Frazer Harrison/Getty Images for Children’s Hospital Los AngelesNearly 1,000 prominent philanthropists, local dignitaries and supporters joined them at The Events Deck at L.A. LIVE and helped raise more than $2.6 million to fund critical hospital needs.Heidi Klum attends the Children’s Hospital Los Angeles Gala: Noche de NinosCredit/Copyright: Frazer Harrison/Getty Images for Children’s Hospital Los AngelesEvening presenters Jamie Lee Curtis, Melanie Griffith and Phil Jackson, as well as Antonio Banderas, Kyle Richards, Mary Hart, Penelope Ann Miller, Garcelle Beauvias, Dustin Brown, Tony Dovolani, Val Chmerkosvkiy, AEG President and CEO Tim Leiweke and Olympic gold medalist Carmelita Jeter joined the festivities in support of the hospital’s signature biennial event, which aims to raise unrestricted funds to benefit patient care, medical research and families in need at Children’s Hospital Los Angeles.The event – proudly supported by AEG and presented by The Walt Disney Company, Delta, Costco Wholesale, Alyce and Warren “Spud” Williamson, Dayle and Ken Roath and The Estate of Cameron Glidewel – was inspired by 11-year-old terminal cancer patient, Dustin Meraz, whose last wish was to encourage adults to have the “courage to care.”Melanie Griffith and Jamie Lee CurtisCredit/Copyright: Frazer Harrison/Getty Images for Children’s Hospital Los Angeles“I know how important great doctors and a great staff can be – they provide the care and consideration that parents need most in that moment of their lives,” said Jay Rasulo, The Walt Disney Company Senior Executive Vice President and Chief Financial Officer and former parent of a hospitalized child. “I’m here on behalf of the 150,000 people who work at The Walt Disney Company who would be as touched and honored as I am to receive the Courage to Care award. Disney’s work with Children’s Hospital Los Angeles spans nearly 30 years, and it’s an enduring relationship because we share the same values and goals: creating hope and building healthier futures for kids and families. Together we bring more comfort and care than each of us can do separately on our own.”“It’s such an honor to be recognized today, but it’s the incredible nurses and doctors who perform miracles every day,” said supermodel, television host, mom and designer, Heidi Klum, who was presented her award by three hospital patients. “I know as a parent I get nervous if one of my own has a fever or a cough, so I’m in awe of what’s accomplished every day inside the walls of Children’s Hospital Los Angeles. What these kids go through everyday amazes me and it’s been an honor and a privilege to be part of such an incredible institution.”“I feel so fortunate to be part of Children’s Hospital Los Angeles, and to be able to touch peoples lives at this level,” said NBA superstar, Pau Gasol. “To be able to save a child’s life, to be able to have that kind of impact, that’s really powerful. The doctors, nurses and surgeons, those are the real heroes, those are my heroes.”To kick off the evening, guests enjoyed cocktails inside The Events Deck at L.A. LIVE, which was transformed into an enchanted forest complete with floating candles, beautiful rustic touches and sounds of the forest. Guests dined on food served by renowned chef Wolfgang Puck and enjoyed comedy from the night’s Master of Ceremonies, Emmy Award-winning “Dancing with Stars” host, Tom Bergeron. The evening also featured headline entertainment by Grammy-nominated artist, Five For Fighting, who donned a L.A. Kings jersey and cap for the performance in honor of AEG.last_img read more

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Prince Charles Marks 50th Anniversary Of Cystic Fibrosis Trust

first_imgThe Prince of Wales praised the work of the Cystic Fibrosis Trust as he marked becoming its Patron by visiting patients and staff at a leading hospital.The Prince of Wales meets staff at the Royal Brompton HospitalCredit/Copyright: www.princeofwales.gov.uk/His Royal Highness toured the cystic fibrosis centre at the Royal Brompton Hospital in London and chatted to people receiving treatment.The trust is now in its 50th year and in May The Prince succeeded Princess Alexandra, who had been Patron since 1968.In an impromptu speech during his visit, The Prince told leading figures from the Trust and the Royal Brompton: “I just want to say, I’m so delighted to have a chance to visit the hospital and the unit here, which I know does such wonderful work on the cystic fibrosis front.“But also I’m so proud to have become patron of the Cystic Fibrosis Trust in its 50th anniversary year.“Over all those years I know the Trust has battled in the most remarkable way, together with so many people like yourselves who help to assist patients with this appalling condition.“I just wanted to use this opportunity not only to salute you all for the work you do, but also to wish all those who I know are doing such good work in finding better and better answers to dealing with this condition every possible success in the future.”The Prince also visited people on the hospital’s Foulis Ward, which is dedicated to treating cystic fibrosis patients.The condition is an inherited disease caused by a faulty gene which controls the movement of salt and water in and out of cells. It causes lungs and digestive systems to become clogged with mucus, making it hard to breathe and digest food.The Prince chatted to Nicholas Mason, 25, whose lungs have been damaged over the years so he now breathes with the help of an oxygen cylinder.The chemist, from Steyning in West Sussex, told His Royal Highness he was receiving treatment for a recurring infection but should be discharged in time for Christmas.He told The Prince: “Earlier this year I was in for about seven weeks. It gets better, sometimes it gets worse – this admission is going quite smoothly.”Before leaving, The Prince learned about the Trust’s ambitious plans for the future, including SmartCareCF, whereby equipment used to monitor patients can now send the information via a smartphone to doctors, saving on appointments and allowing medical staff to spot problems earlier.Ed Owen, Chief Executive of Cystic Fibrosis Trust, said: “As a long-time supporter of people with cystic fibrosis, the Prince has a deep understanding of the challenges that people with the condition face, including the daily burden of physiotherapy, nebulisers, dozens of pills and exercise, as well as regular hospital visits and admissions.”He added: “Today less than half of people with cystic fibrosis will die before their 40th birthday, but we are committed to changing this. We are redoubling our efforts to beat cystic fibrosis for good, and the Prince’s support will provide a powerful beacon of hope for all those touched by the condition.”Source:www.princeofwales.gov.uklast_img read more

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Torrey DeVitto Tips The Scales For Crocodiles

first_imgWearing nothing more than reptilian scales as she swims through a lush lake, Torrey DeVitto appears as a crocodile in a brand-new PETA campaign that asks, “Whose Skin Are You In? Choose Fake Snake and Mock Croc. Wear Vegan.”In an exclusive interview with PETA, the Pretty Little Liars and Chicago Med star explains why she’s eager to speak up for reptiles killed for their skins. “[Workers] don’t even kill them—they just hit them over the head with metal bats or stab them in the neck,” she says. “Most of the time these animals are still breathing and still living when they get their skin taken from them, and it takes about three to four alligators or crocodiles to make just one bag. It’s absolutely unnecessary.”PETA — whose motto reads, in part, that “animals are not ours to wear” — recently released an exposé revealing that reptiles were trapped in barren and severely crowded pits on farms that supply crocodile and alligator skins to Hermès-owned tanneries. Workers shot alligators in the head with a captive-bolt gun and, as DeVitto describes, sawed open the back of the animals’ necks with a box cutter to sever their blood vessels. Previous PETA exposés have revealed that snakes, alligators, and other exotic animals who are killed for their skins are commonly nailed to trees, bludgeoned with hammers, and skinned alive.last_img read more

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Ellie Gouldings New Vegan Food Bar Benefits Charity

first_imgGoMacro, makers of organic, vegan, nutrition bars, teamed up with international pop sensation, Ellie Goulding, to unveil the all-new, all-Ellie MacroBar.The family owned company with roots in organic farming, is excited to add an “Ellie-inspired” twelfth flavor — Coconut + Almond Butter + Chocolate Chips — to the company’s award-winning line of USDA Certified Organic MacroBars.Ellie Goulding, the 2016 Grammy-Nominated international pop star and fitness icon, approached GoMacro in early 2015 about the possibility of working together. A long-time MacroBar fan, Ellie was interested in becoming more personally involved with the company that was playing a daily role in fuelling her life. After shaking hands and months of development, GoMacro and Ellie Goulding are proud to introduce the co-created Ellie Goulding-inspired MacroBar: Everlasting Joy.Ellie’s new nutrition bar combines coconut, almond butter, and chocolate chips to deliver a nutritious and satisfying balance of carbs, healthy fats, and plant-based protein. Sharing a desire to give back to the community, GoMacro will donate a portion of proceeds to benefit feeding the homeless, a program that will support both Ms. Goulding’s UK-based charity Streets Of London and the USA-based charity Stand Up For Kids.“MacroBars have been my go-to snack after a workout and when I’m on tour. For the new bar, I wanted something that was sweet and a good-source of plant-based protein,” commented Goulding. “I am honored to help create a new product with a company that shares my values of healthy living and giving back.”The co-created MacroBar is part of a larger partnership between Ms. Goulding and the Wisconsin-based organic food company, including a sweepstakes for a chance to win VIP tickets to Ellie’s performance at Madison Square Garden in June and a private workout with Ellie in September. Ellie’s new MacroBar, also available in MacroBar Mini, is USDA Certified Organic, non-GMO Project Verified, 100% plant-based, kosher certified, gluten-free certified, vegan certified and soy-free. The Coconut + Almond Butter + Chocolate Chips MacroBar (MSRP $2.89) will be available to purchase online at GoMacro.com on March 14th and on shelves at retailers in Summer 2016.last_img read more

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JK Rowling And Eddie Redmayne To Attend Special Screening Of Fantastic Beasts

first_imgLumos Foundation USA – author JK Rowling’s international non-profit children’s organization – announced today that J.K. Rowling will join Academy Award winner Eddie Redmayne on stage at the Stern Auditorium / Perelman Stage at Carnegie Hall on Saturday, November 12th, 2016 at 6:00 pm for a conversation, followed by a special advance screening of the much-anticipated Warner Bros. Pictures feature film Fantastic Beasts and Where to Find Them.Tickets are available at the Carnegie Hall Box Office at 57th St. and Seventh Avenue in New York City, CarnegieCharge 212-247-7800, and online here.This exclusive event to benefit Lumos Foundation USA, in partnership with Warner Bros. Pictures and publisher Scholastic Inc., will follow the film’s worldwide premiere, being held earlier that week in New York, and is prior to the UK premiere in London the following week. The film will open worldwide on November 18th, 2016 and on November 19th, Scholastic will publish the screenplay of the film Fantastic Beasts and Where to Find Them by J. K. Rowling in the United States and Canada.The benefit screening at Carnegie Hall will be introduced by director David Yates together with members of the cast. All proceeds will go directly toward the work of Lumos to help the eight million children in orphanages around the world get back to family life.The film Fantastic Beasts and Where to Find Them is a new and original story by J.K. Rowling, marking her screenwriting debut. In addition to Eddie Redmayne, the film also stars Katherine Waterston, Dan Fogler, Alison Sudol, Ezra Miller, Samantha Morton, Jon Voight, Carmen Ejogo, and Colin Farrell.Ticket revenues will support the We Are Lumos Worldwide campaign in the United States, United Kingdom and across the globe. The campaign will launch in September and help raise awareness and funds to end the harmful and unnecessary practice of placing children in orphanages.“Decades of research and evidence show us that all aspects of a child’s development suffer when they are raised in orphanages and institutions. These places can never replace what a child needs, which is love, care and attention from a dedicated parent or caregiver,” said Georgette Mulheir, CEO of Lumos. “Because most children in orphanages are not orphans, they can go home if we can put the right support in place for their families.“We are profoundly grateful to J.K. Rowling, Warner Bros. and Scholastic for making this exciting film screening possible. Not only is it an opportunity to be among the first to see the film, but it will also help Lumos do the vital work needed to help the millions of vulnerable and voiceless children in orphanages get back to their families and family life, which is their right, and it is where they belong.”“Warner Bros. is proud to support the important work done by Lumos,” said Kevin Tsujihara, Chairman and CEO, Warner Bros. “Jo has inspired millions with her amazing storytelling, and now Lumos is doing the same through their work on behalf of children everywhere. They are truly changing the world, one child at a time.”“J.K. Rowling’s brilliant Harry Potter series has inspired and encouraged millions of children around the world. Now Jo and the Lumos Foundation are improving the lives of millions more children by helping return them to family life, and Scholastic is proud to support this important work,” said Dick Robinson, Chairman, President and CEO, Scholastic.Thanks to the generosity of Warner Bros., Scholastic and Lumos’ 100% Pledge, every cent donated and raised by the event will go directly to Lumos’ Families Not Orphanages Fund. The Fund will help children in the countries where Lumos works to leave orphanages and return to a family life. No portion of any donations will go to administration, fundraising or overhead costs of the organization.Visitors to the wearelumos.org/worldwide website are invited to sign up now to the We Are Lumos Worldwide campaign, which will launch in September. Those registering now will receive early notification of further exciting announcements.Over the past decade, Lumos has helped thousands of children – from infants to older children – return to family life in Central and Eastern Europe and more recently in Haiti. Now, in its second decade, Lumos is expanding its work in Latin America and the Caribbean, and other regions around the world with the aim to end institutionalization of children globally by 2050.last_img read more

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Selftaught Syrian newcomer 10 a piano star

first_img Login/Register With: Facebook LEAVE A REPLY Cancel replyLog in to leave a comment Eahem said Marcel taught himself how to play by simply listening to music and figuring out how to replicate it. Sometimes it’s hard to get her son’s fingers off the keys, she said.“It’s really like the piano is part of Marcel,” she told CBC News.Marcel’s 12-year-old brother, Eilia, said it goes even further than that.“He’s, like, inside the piano,” he said. “When I see him playing I think It’s like he’s thinking about nothing.”Marcel Ward’s family fled Syria in 2012, stopping in several other places before settling in Hamilton. (Submitted by Ward family)Just a few months after Marcel began discovering the beauty of music, the sounds of war arrived at his family’s door. The Wards fled Damascus for Dubai and would spend the next few years moving the family, and that little keyboard, around.Manar Ward, Marcel’s father, described the next few years as turbulent.“We moved after the war started in Syria,” he said.“We settled in Dubai and we tried to live there because all my family got attacked from so many rebels. My sister got shot there. Then we settled in Dubai for the (next) three years.”It was during those years in the United Arab Emirates that Marcel’s parents really noticed his gift. “I remember the first time he played some pieces and we showed it to some experts in piano. They were shocked,” Ward said.“They said we need two years of training to play that. It was so hard. Advertisement Advertisementcenter_img Advertisement In Syria, five-year-old Marcel Ward’s first love was a small plastic keyboard.Now his family, who fled the violence in Damascus, calls him “Mini Mozart.” And he’s got the skills to prove it. Eahem Ward said she never imagined that small red keyboard would change her son’s life, but it was one of the few possessions they took with them when they left Syria in 2012. Marcel kept playing it throughout his family’s journey to Dubai, Lebanon, the U.S. and finally, Hamilton, Ont. Twitterlast_img read more

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TIME MAGAZINE PERSON OF THE YEAR THE SILENCE BREAKERS

first_imgAdvertisement Movie stars are supposedly nothing like you and me. They’re svelte, glamorous, self-­possessed. They wear dresses we can’t afford and live in houses we can only dream of. Yet it turns out that—in the most painful and personal ways—movie stars are more like you and me than we ever knew.In 1997, just before Ashley Judd’s career took off, she was invited to a meeting with Harvey Weinstein, head of the starmaking studio Miramax, at a Beverly Hills hotel. Astounded and offended by Weinstein’s attempt to coerce her into bed, Judd managed to escape. But instead of keeping quiet about the kind of encounter that could easily shame a woman into silence, she began spreading the word.“I started talking about Harvey the minute that it happened,” Judd says in an interview with TIME. “Literally, I exited that hotel room at the Peninsula Hotel in 1997 and came straight downstairs to the lobby, where my dad was waiting for me, because he happened to be in Los Angeles from Kentucky, visiting me on the set. And he could tell by my face—to use his words—that something devastating had happened to me. I told him. I told everyone.” READ MORE Login/Register With: Advertisement Facebook Advertisement LEAVE A REPLY Cancel replyLog in to leave a comment Twitterlast_img read more

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LGBT TORONTO FILM FESTIVAL – CALL FOR SUBMISSIONS

first_imgA very insightful experience! The Feedback video was a gift and the entire team was extremely professional and helpful throughout the process.– Kate MontgomeryThis festival is designed to showcase the best of LGBT stories from around the world today! We accept screenplays (short, TV Pilot, feature) and short films from all corners of the world.CLICK HERE FOR SUBMISSION DETAILS AND INFORMATION Advertisement Read daily Testimonials: https://lgbttorontofilmfestival.com/category/testimonials/We are proud to showcase a winning LGBT screenplay at our festival every single month!! Go to the site and watch the winning readings each month.All entries receive full feedback from the industry. Accepted screenplays get their screenplays performed by professional actors. Accepted short films get their movie showcased at the FEEDBACK Film Festival at the Carlton Cinemas, located in The Village in downtown Toronto.One of North America’s leading gay destinations, Toronto has been holding Pride observances since the ’70s. The Pride parade draws more than 1.2 million spectators and participants annually, making it one of the top such draws in the world. Before the parade, the festival will take place. The cinema is located in the Church & Wellesley area, where all of the Pride Events take place.LGBT festivals occur 6 times a year. Go to the website for information on the next events.CLICK HERE FOR SUBMISSION DETAILS AND INFORMATION Facebook Advertisement Awards & PrizesFor examples of what you’ll receive, watch the best of videos from the festival in the last two years:LBGT Winning Screenplays:https://www.youtube.com/watch?list=PL-0CVDAfvxipAs5K-4inkEO_qClH6eVkw&v=k3tLNO_8ilILGBT Short Film Videos:https://www.youtube.com/watch?list=PL-0CVDAfvxirbP5076b37hmkhp-oa0kzZ&v=cIaDt3vIlY0center_img Advertisement Login/Register With: LEAVE A REPLY Cancel replyLog in to leave a comment Twitterlast_img read more

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Aboriginal organizations hit with 60 million worth of cuts Inuit faced steepest

first_imgJorge Barrera APTN National NewsAboriginal organizations have faced $60 million worth of cuts from the Harper government over the past three years and Inuit groups were hit the hardest, according to an internal Assembly of First Nations analysis obtained by APTN National News.The analysis, which is based on federal Aboriginal Affairs department figures as of Jan. 7 of this year, found Inuit organizations faced a cut of 71 per cent between 2012 and 2015. First Nations organizations absorbed 65.5 per cent worth of cuts over the same time span. Metis organizations saw cuts of 39 per cent, non-status Indian organizations 14 per cent and women’s organizations were hit with a 7 per cent cut, the analysis found.Overall, Aboriginal organizations across the country have lost about $60 million dollars in core and project funding, signifying a 59 per cent reduction between 2012 and 2015, according to the analysis.First Nations organizations, in particular, saw their overall funding, including core and project based funding, drop from $68.8 million in 2012-2013 to $23.8 million in 2014-2015, which amounts to an about 65 per cent cut.AnalysisDownload (PDF, Unknown)First Nation organizations in Ontario have seen the biggest overall cut to funding. In the 2011-2012 fiscal year, Ontario First Nation organizations received a little over $20 million in project and core funding. In the 2014-2015 year, the five Ontario organizations saw that total reduced to about $5 million, which amounts to a 76 per cent cut, according to the analysis.According to the analysis, two organizations in New Brunswick and Prince Edward Island have been hit by an 80 per cent cut, in Saskatchewan, the sole regional organization, the Federation of Saskatchewan Indian Nations, has faced a 91 per cent cut, while in Manitoba, three regional First Nation organizations, Southern Chiefs, Manitoba Keewatinowi Okimankanak and Assembly of Manitoba Chiefs, have been hit with a 78 per cent funding cut between 2012 and 2015.In British Columbia, three First Nations organizations there, the B.C. First Nation Summit, Union of BC Indian Chiefs and the BC AFN have faced a 73 per cent cut. The summit has taken the biggest hit with an 82 per cent reduction.Tribal Councils, which are different than regional organizations and represent smaller groups of First nation communities, have also seen their core funding drop from about $49 million in 2011-2012 to $29.8 million between 2011-2012 to 2014-2015, which represents an about 40 per cent funding cut.The cuts, which are starting to bite now, were initially announced by former Aboriginal affairs minister John Duncan in 2012. At the time he said Ottawa would be changing the “funding model” for Aboriginal organizations and tribal council, shifting to a focus on areas that matched the department’s priorities.jbarrera@aptn.ca@JorgeBarreralast_img read more

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Saskatchewan murder suspect Gerald Stanley granted bail

first_imgThe Canadian PressBATTLEFORD, Sask. — A judge has granted bail to a Saskatchewan farmer charged with the shooting death of an aboriginal man on his property.The decision, which was released as the court was closing Friday in Battleford, said Gerald Stanley is to be freed on $10,000 bail.Court of Queen’s Bench Justice Neil Gabrielson imposed several conditions, including that the 54-year-old Stanley remain within a six-kilometre radius of his farm and wear an electronic monitoring bracelet. He must also stay away from the Red Pheasant First Nation and have no contact with the family of the man who was killed.Stanley is charged with second-degree murder in the death of 22-year-old Colten Boushie of the Red Pheasant reserve.Download (PDF, Unknown)Stanley pleaded not guilty to the charge during a court appearance on Thursday. A bail hearing was held later in the day but a publication ban was placed on the details.Boushie was killed Aug. 9 after the vehicle he was in drove onto the farm in the rural municipality of Glenside, west of Saskatoon.Boushie’s cousin has said they were heading home to the reserve after an afternoon of swimming, when they got a flat tire and were looking for help.Racial tensions flared after the killing.See related stories about Colten Boushie. First Nations leaders said an initial RCMP release about the shooting was biased, because it stated that people in the car were taken into custody as part of a theft investigation. They were released without charges.Some comments on social media sites have also been anti-First Nation, while others have supported vigilante justice against the suspect. Saskatchewan Premier Brad Wall took to Facebook last weekend to condemn the comments and called on people to “rise above intolerance.”Hundreds of supporters for Boushie attended court Thursday. Some yelled at Stanley as he was led away by RCMP.Sheldon Wuttunee, a spokesman for the Boushie family, called for calm. He said its important to demand justice, but in a peaceful manner.Stanley’s family also released a statement through his lawyer Thursday, saying there has been rampant speculation and misinformation about the shooting. They said they hope people will reserve judgement until the facts of the case are known.last_img read more

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Most actively traded companies on the TSX

first_imgSome of the most active companies traded Tuesday on the Toronto Stock Exchange:Toronto Stock Exchange (15,915.68, down 53.35 points)Aphria Inc. (TSX:APH). Health care. Up $1.91, or 16.44 per cent, to $13.53 on 12.02 million shares. The marijuana producer announced after markets closed on Monday that it has entered a five-year agreement to supply pharmacy chain Shoppers Drug Mart with medical cannabis. The deal is subject to Health Canada approving the application of Shoppers’ parent company, Loblaw Companies Ltd. (TSX:L) (Up 78 cents, or 7.11 per cent, to $17.51 on 6.1 million shares), to dispense medical marijuana. Loblaw applied for a licence in October 2016, but neither company can say if or when that application will be approved.Aurora Cannabis Inc. (TSX:ACB). Health care. Down three cents, or 0.40 per cent, to $7.39 on 10.3 million shares.Lundin Mining Corp. (TSX:LUN). Miner. Down 13 cents, or 1.84 per cent, to $6.93 on 7.02 million shares.Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up three cents, or 0.96 per cent, to $3.17 on 6.8 million shares.Canopy Growth Corp. (TSX:WEED). Health care. Up 51 cents, or 2.79 per cent, to $18.76 on 4.62 million shares. Canada’s largest licensed marijuana producer plans to establish a 40,000-square-metre cannabis production facility in Odense, Denmark to cater to the Scandinavian country’s medical marijuana patients. The new facility comes under a joint venture announced in September between Canopy and European hemp producer Danish Cannabis ApS, called Spectrum Denmark.Toronto-Dominion Bank (TSX:TD). Bank. Down 97 cents, or 1.32 per cent, to $72.43 on 4.59 million shares.Companies reporting major news:Bank of Montreal (TSX:BMO). Bank. Down 45 cents, or 0.45 per cent, to $99.14 on 1.7 million shares. BMO raised its 2018 quarterly dividend by three cents to 93 cents as it reported its fourth-quarter profit slipped to $1.23 billion ($1.81 per share) from $1.35 billion ($2.02 per share) a year ago, hurt by reinsurance claims related to hurricanes Irma, Maria and Harvey.Bank of Nova Scotia (TSX:BNS). Bank. Down 48 cents, or 0.59 per cent, to $81.14 on 1.7 million shares. Scotiabank says its offer to buy a sizable stake in a Chilean bank for $2.9 billion has been accepted. Scotiabank said Tuesday that Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) agreed Tuesday to sell its 68.19 per cent stake in BBVA Chile and its interests in certain subsidiaries.Roots Corp. (TSX:ROOT). Retailer. Up 24 cents, or 2.33 per cent, to $10.55 on 360,017 shares. The heritage-fashion retailer released its first quarterly report since completing its initial public offering. Third-quarter earnings amounted to $5 million (12 cents per share) compared with a profit of $5.9 million (14 cents per share) in the same period last year. Sales totalled $89.7 million, up from $79.4 million.Valeant Pharmaceuticals International Inc. (TSX:VRX). Pharmaceutical. Up 33 cents, or 1.49 per cent, to $22.53 on 2.03 million shares. A class-action lawsuit brought on behalf of investors against Valeant Pharmaceuticals Inc. will go to trial. The Quebec Court of Appeal dismissed applications for leave to appeal from the defendants, who asked the court to review a Quebec Superior Court judge’s authorization of the suit.Note to readers: CORRECTS TSX close after late change, 15,915.68, down 53.35 pointslast_img read more

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Toronto exchange mostly flat while US indices set 2nd day of record

first_imgThe Toronto Stock Exchange’s main index was relatively flat as gains in lumber operations were offset by losses in marijuana companies.The S&P/TSX composite index gained 21.24 points to 16,308.18.“It’s basically being pulled at two sides,” said Ian Scott, an equity analyst at Manulife Asset Management.“It’s basically like trees versus weeds today.”West Fraser Timber Co. (TSX:WFT) shares jumped 5.38 per cent or $4.33 to $84.83 after RBC upgraded West Fraser from under-perform to sector-perform, he said, removing the final under-perform rating for the company.That bump permeated throughout the industry, Scott said. Interfor Corp. (TSX:IFP) and Canfor Copr. (TSX:CFP) also both gained more than five per cent.But the boost from the materials sector was offset by a fall in health care. Shares in the sector shed more than six per cent on average, with two marijuana companies being the index’s biggest losers of the day.Canopy Growth Corp. (TSX:WEED) shares dropped 13.87 per cent or $5.21 to $32.35, while Aphria Inc. (TSX:APH) shares fell 12.31 per cent or $2.53 to $18.02.Volatility is the name of the game in the marijuana sector now, Scott said.“Any time a stock climbs over 40 per cent in six days with no news flow, you should be prepared to see some profits taken,” he said.Canopy Growth shares closed at $29.74 on Dec. 29 and hit a 2018 high of $42.07 on Jan. 9 — a 41.46 per cent increase.On Wall Street, all three indices reached a second consecutive day of record highs.The Dow Jones industrial average rose 228.46 points to 25,803.19, the S&P 500 index advanced 18.68 points to 2,786.24 and the Nasdaq composite index moved up 49.28 points to 7,261.06.The Canadian dollar closed at an average trading value of 79.97 cents US, up 0.19 of a U.S. cent.The February crude contract advanced 50 cents to US$64.30 per barrel and the February natural gas contract rose 11.6 cents to US$3.20 mmBTU.The February gold contract gained US$12.40 to US$1,334.90 an ounce and the March copper contract shed roughly 1.5 cents to about US$3.22 a pound.Follow @AleksSagan on Twitter.last_img read more

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Bombardier cutting 5000 jobs selling Q400 and flight training programs

first_imgMONTREAL – Bombardier Inc. announced Thursday it will shed 5,000 jobs company-wide and sell off two units as part of chief executive Alain Bellemare’s five-year plan to rein in costs, focus on rail and business jets and reduce the net long-term debt of $9 billion.About 2,500 Bombardier workers will be laid off in Quebec and 500 in Ontario, with the 2,000 other cuts occurring overseas, according to a spokesman, who did not specify the units.The company said it will sell its Q400 turboprop aircraft program to a subsidiary of Longview Aviation Capital Corp. for about US$300 million. The Montreal-based company also announced the sale of its flight training business to CAE Inc. for about US$645 million.The restructuring, announced alongside Bombardier’s third-quarter earnings, is slated for completion within 18 months and for savings of $250 million annually.The announcement comes after mass layoffs over the past three years, with about 14,500 positions cut around the world in the aerospace and railway divisions.Dropping the Q400 will allow Bombardier to zero in on producing its Global series of long-range business jets, including the Global 7500, whose first aircraft is slated for delivery next month.“With the measures announced, we are confident that we will be able to reach our goals in 2020,” Bellemare said during a conference call.Bombardier shares closed at $2.41 Thursday, a nosedive of more than 24 per cent to its lowest price in more than a year — and its biggest one-day drop since February 2015 — due to concerns over cash flow.Bombardier forecast 2019 revenue to increase by 10 per cent to at least $18 billion, powered by more deliveries of its Global 7500s.Free cash flow came in “well below” expectations that Bombardier could break even on cash without falling back on its $635 million in proceeds from the sale of a Toronto plant earlier this year, said analyst Benoit Poirier of Desjardins Capital Markets.National Bank Financial analyst Cameron Doerksen characterized the sell-off “both today and in the prior months as irrational,” citing healthy liquidity and a lower risk profile.“The new facility at Pearson (airport) will probably be producing only the Global business jet, and having a dedicated facility for one line gives them a chance to optimize the performance,” said Ernie Arvai, a partner at commercial aviation consultancy AirInsight.“The next question for Bombardier is what happens with the CRJ line and what happens with the rest of the commercial business.”The fate of the aging CRJ regional jets has been unclear since the company announced in October 2017 that Airbus SE would acquire a majority 50.01 per cent stake in the C Series, effective July 1 of this year.Bellemare said at the time the company was committed to the Q400 and CRJ. “We like these products, they give us critical mass.”He offered similar sentiments Thursday. “On the CRJ, the focus is still on reducing cost and selling aircraft today. We are losing money on the CRJ.”Karl Moore, an aviation expert at McGill University’s Desautels Faculty of Management, said the layoffs and selloffs will allow Bombardier to shift away from regional jets and shrink its debt.“The transportation side and business jets are clearly the central focus of Bombardier going forward,” Moore said.Quebec Premier Francois Legault weighed in after speaking with company and union leaders, saying his economy minister has started calling Quebec aerospace companies that are on the hunt for skilled workers.“When we have more information, we can assess how to minimize the number of laid-off employees,” Legault told reporters.Federal innovation minister Navdeep Bains responded to past criticism around public investment in the 76-year-old company, including a $372.5-million loan from Ottawa in 2017.He noted that the massive loan came with a commitment to maintain or create 5,300 positions, but said he was “disappointed with the jobs being lost.”“Of course this is very difficult for the workers. We understand that,” he added, pledging continued support for the aerospace sector.The changes come as Bombardier reported a profit of US$149 million or four cents per share in its latest quarter, compared with a loss of US$100 million or four cents per share in the same quarter last year.Revenue in what was the company’s third quarter totalled US$3.64 billion, down from US$3.84 billion a year ago.On an adjusted basis, Bombardier said it earned four cents per share in the quarter compared with a break-even result in the third quarter of 2017, beating analyst expectations.Longview Aviation, the parent company to Viking Air Ltd., said once it completes its deal with Bombardier it will become North America’s largest commercial turboprop aircraft manufacturer.The agreement encompasses the entire Dash 8 program, including the 100, 200 and 300 series and the in-production Q400 program.“The Dash 8 turbo-prop is the perfect complement to our existing portfolio of specialized aircraft including the Twin Otter and the Canadair CL 215 and 415 series of water bombers,” Longview Aviation chief executive David Curtis said in a statement.CAE president Marc Parent said in a statement its purchase of Bombardier’s flight training wing “represents a win-win for both companies, resulting in enhanced core focus.”Companies in this story: (TSX:BBD.B, TSX:CAE)last_img read more

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Gap Fiscal 3Q Earnings Snapshot

first_imgSAN FRANCISCO (AP) _ Gap Inc. (GPS) on Tuesday reported fiscal third-quarter net income of $266 million.The San Francisco-based company said it had net income of 69 cents per share.The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 68 cents per share.The clothing chain posted revenue of $4.09 billion in the period, also topping Street forecasts. Eight analysts surveyed by Zacks expected $3.98 billion.Gap expects full-year earnings to be $2.55 to $2.60 per share.Gap shares have dropped 28 per cent since the beginning of the year, while the Standard & Poor’s 500 index has decreased 1 per cent. In the final minutes of trading on Tuesday, shares hit $24.66, a decline of 18 per cent 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 GPS at https://www.zacks.com/ap/GPSThe Associated Presslast_img read more

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14 protesters arrested at Trans Mountain work site in Burnaby BC

first_imgThe incident follows the arrest of at least 28 demonstrators under the banner Protect the Inlet after they zip-tied themselves to a gate at the site over the weekend.A spokesperson for Protect the Inlet said then that protesters will continue to loudly voice their opposition to the project.Burnaby RCMP wouldn’t comment on the nature of the latest protests, but have said the force is not an interested party in the pipeline debate and officers are there to ensure everyone’s safety.(THE CANADIAN PRESS) BURNABY, B.C. – RCMP say more than a dozen people protesting the expansion of the Trans Mountain pipeline have been arrested at a construction site in Burnaby, B.C.A B.C. Supreme Court judge granted the company an injunction last week restricting protesters from entering within five metres of two terminal work sites.Mounties say 13 people were arrested and later released for breaching the injunction by late Monday afternoon while one other person was arrested for obstructing a police officer.last_img read more

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Chamber of Commerce to host Luncheon on Cyber Security March 19

first_imgIncluded in the presentation will be:• The most common types of cyber-attacks and recent examples• How to assess your business’s risks and vulnerabilities• Specific requirements for companies that handle credit card information• The most important steps you can take to protect your organizationMNP will also host a Chamber Business After 5 social, on March 19, at the MNP offices from 5:00 p.m. to 7:00 p.m., where there is an opportunity to discuss your cyber concerns with Borsholm.To register for either event, you must register at the Chamber of Commerce’s website or by calling 250-785-6037. FORT ST. JOHN, B.C. – The Fort St. John Chamber of Commerce is hosting another speaker series Luncheon on Tuesday, March 19 at the Pomeroy Hotel & Conference Centre.This month’s Luncheon is a presentation on Cyber Security and will be presented by Ron Borsholm of MNP.Borsholm will present an in-depth discussion of the current cyber threat landscape and how to protect your organization from cyber threats and attacks.last_img read more

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Aseemanand, 3 others acquitted in Samjhauta blast case

first_imgPanchkula (Har): A special court here Wednesday acquitted Swami Aseemanand and three others in the Samjhauta train blast case that left 68 people, mostly Pakistanis, dead in 2007. All the four accused, Naba Kumar Sarkar alias Swami Aseemanand, Lokesh Sharma, Kamal Chauhan and Rajinder Chaudhary have been acquitted by the court, NIA counsel Rajan Malhotra said. The blast in the India-Pakistan train took place near Panipat in Haryana on February 18, 2007, when it was on its way to Attari in Amritsar, the last station on the Indian side. Before pronouncing the verdict, NIA special judge Jagdeep Singh dismissed the plea filed by a Pakistani woman for examining some eyewitnesses from her country. The court ruled that the plea of the Pakistani woman was devoid of any merit, Malhotra said. The blast had ripped apart two coaches of the cross-border train. The Haryana police registered a case, but the probe was handed over to the National Investigation Agency in July 2010. The NIA filed a charge sheet in July 2011 against eight persons for their alleged roles in the terror attack. Of the eight, Swami Aseemanand, Lokesh Sharma, Kamal Chauhan and Rajinder Chaudhary appeared before the court and faced trial. Sunil Joshi, the alleged mastermind of the attack, was shot dead near his home in Madhya Pradesh’s Dewas district in December 2007. The three other accused — Ramchandra Kalsangra, Sandeep Dange and Amit — could not be arrested and were declared proclaimed offenders. Aseemanand was out on bail, while three others were in judicial custody. The NIA had charged the accused with murder and criminal conspiracy, and under the Explosive Substances Act and the Railways Act.last_img read more

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A timeless tale of cross-cultural harmony

first_imgIndia Harmony Foundation and Penguin launched a book entitled, ‘A Tale of Wonder: Kathakautukam’ by Srivara, translated into English by diplomat /scholar and renowned author A N D Haksar and published by Penguin.The book launch was held on March 29, 2019, at Kamladevi Complex, India International Centre, in the presence of Chief Guest N N Vohra, former Governor of Jammu and Kashmir. ‘A Tale of Wonder: Kathakautukam’ is a scintillating example of cross-cultural harmony from medieval Kashmir. A Biblical and Koranic story in medieval Persian reaches Kashmir and is transformed there into a Sanskrit epic poem, with India’s mythic overtones – an attestation to this country’s rich syncretic and multicultural past. Also Read – An income drop can harm brainIn this tale, the beautiful princess Zuleikha has nightly visions of Yusuf, a handsome young stranger. Captivated by his beauty, her waking hours are filled with heartaches, much to the anxiety of her near ones. But Zuleikha is resolved to be united with Yusuf. Her dreams also reveal the obstacles to be surmounted. What ensues is a captivating account of longing and love — a parable of the soul’s journey in its search for the divine. Magnificent in its simple elegance, ‘A Tale of Wonder’ is beautifully translated by A N D Haksar, with an introduction shedding light on the remarkable provenance of this timeless story.last_img read more

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