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Fox Sports
2 days ago
- Sport
- Fox Sports
Edmonton brings 1-0 series lead into game 2 against Florida
Associated Press Florida Panthers (47-31-4, in the Atlantic Division) vs. Edmonton Oilers (48-29-5, in the Pacific Division) Edmonton, Alberta; Friday, 8 p.m. EDT BETMGM SPORTSBOOK LINE: Oilers -132, Panthers +111; over/under is 6.5 STANLEY CUP FINAL: Oilers lead series 1-0 BOTTOM LINE: The Edmonton Oilers host the Florida Panthers in the Stanley Cup Final with a 1-0 lead in the series. The teams meet Wednesday for the fourth time this season. The Oilers won the last matchup 4-3 in overtime. Leon Draisaitl scored two goals in the win. Edmonton is 48-29-5 overall and 32-14-3 in home games. The Oilers have allowed 235 goals while scoring 259 for a +24 scoring differential. Florida is 47-31-4 overall and 28-21-3 in road games. The Panthers have a 23-10-0 record when they serve fewer penalty minutes than their opponent. TOP PERFORMERS: Evan Bouchard has 14 goals and 53 assists for the Oilers. Draisaitl has five goals and 10 assists over the past 10 games. Sam Reinhart has 39 goals and 42 assists for the Panthers. Sam Bennett has eight goals and three assists over the last 10 games. LAST 10 GAMES: Oilers: 8-2-0, averaging 3.8 goals, 6.9 assists, 3.5 penalties and 7.3 penalty minutes while giving up 2.1 goals per game. Panthers: 7-2-1, averaging 3.8 goals, 6.8 assists, 5.6 penalties and 18.7 penalty minutes while giving up 1.6 goals per game. INJURIES: Oilers: None listed. Panthers: None listed. ___ The Associated Press created this story using technology provided by Data Skrive and data from Sportradar. recommended
Business Insider
5 days ago
- Business
- Business Insider
Bank of America Securities Reaffirms Their Buy Rating on Crescent Capital BDC (CCAP)
In a report released on May 30, Derek Hewett from Bank of America Securities reiterated a Buy rating on Crescent Capital BDC (CCAP – Research Report), with a price target of $17.00. Confident Investing Starts Here: According to TipRanks, Hewett is a 4-star analyst with an average return of 6.9% and a 64.85% success rate. Hewett covers the Real Estate sector, focusing on stocks such as AGNC Investment, Apollo Real Estate, and Safehold. In addition to Bank of America Securities, Crescent Capital BDC also received a Buy from Raymond James's Robert Dodd in a report issued on May 16. However, on the same day, Wells Fargo maintained a Hold rating on Crescent Capital BDC (NASDAQ: CCAP). Based on Crescent Capital BDC's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $42.13 million and a net profit of $16.62 million. In comparison, last year the company earned a revenue of $50.2 million and had a net profit of $28.01 million
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Business Standard
28-05-2025
- Business
- Business Standard
Triveni Engineering climbs 10% on May 28; here's what sparked the rally
Triveni Engineering share price: Distilleries company Triveni Engineering share price was in demand on Wednesday, May 28, 2025, with the scrip rising up to 10.41 per cent to hit an intraday high of ₹468.20. At 10:30 AM, Triveni Engineering share price was trading 8.55 per cent higher at ₹460.30 per share. In comparison, BSE Sensex was trading 0.27 per cent lower at 81,327.52 level. What sparked the rally in Triveni Engineering share price? Triveni Engineering share price rose on the back of a healthy March quarter of financial year 2025 (Q4FY25) results. The company's profit after tax (PAT) jumped 16.2 per cent year-on-year (Y-o-Y) to ₹187.1 crore in Q4FY25, from ₹161 crore in Q4FY24. Triveni Engineering's revenue from operations (net of excise duty) 25.1 per cent Y-o-Y to ₹1,629.3 crore in the March quarter of FY25, from ₹1,302.1 crore in the March quarter of FY24. At the operating level, earnings before interest, tax, depreciation and amortisation (Ebitda) surged 21.5 per cent Y-oY to ₹317.4 crore in Q4FY25, from ₹261.2 crore in Q4FY24. Ebitda margin, however, contracted 60 basis points (bps) to 19.5 per cent in Q4FY25, from 20.1 per cent in Q4FY24. On a consolidated basis, the gross debt of the company stood at ₹1969.2 crore as on March 31, 2025, as against ₹1,411 crore as on March 31, 2024, including ₹202.6 crore pertaining to the subsidiary SSEL. Overall average cost of funds (standalone) is at 6.9 per cent during FY25 as against 6.5 per cent a year ago, the company said. ALSO READ | LIC shares soar 8% in best session since Nov 2023 on Q4 results Triveni Engineering's Segment Profits (PBIT) of Sugar business declined 12.8 per cent annually. The decline, according to the company, was primarily due to the higher cost of sugar sold during the year, which stemmed from the increased cost of sugar production in Sugar Season (SS) 2023–24, driven by a rise in sugarcane prices. Furthermore, sugar produced in SS 2024–25 incurred higher production costs due to lower recovery rates. The Alcohol business also saw a drop in profitability, affected by several operational and market factors. A major portion of ethanol sales came from maize-based production, which had lower margins compared to ethanol derived from Surplus Food Grains (SFG)—available until July 2023 at ₹20 per kg. Additionally, there was a lower sales volume of ethanol produced from molasses, due to reduced sugarcane crushing and a higher share of operations using C-heavy molasses. Profitability was further impacted by the non-recovery of fixed expenses during periods when distilleries remained shut due to a shortage of feedstocks. Moreover, there was an increase in the internal transfer price of molasses, which further weighed on margins. Lastly, the segment profits also reflect a net adjustment for the segment loss of Sir Shadi Enterprises Limited (SSEL). 'The year gone by presented several profitability challenges to the Company especially in the Sugar and Alcohol businesses while our Power Transmission business delivered another year of stellar performance in revenues, profitability and order booking. The Company is hopeful of an improved performance in the coming year through proactive measures in our Sugar and Alcohol businesses,' said Dhruv M Sawhney, chairman and managing director, Triveni Engineering & Industries. ALSO READ | About Triveni Engineering Triveni Engineering is a diversified industrial conglomerate with core strengths in sugar, alcohol, power transmission, and water and wastewater treatment. It is one of India's largest integrated sugar producers and among the top ethanol manufacturers, while also making major contributions in power transmission and water infrastructure solutions. The company operates eight sugar mills across Uttar Pradesh including Khatauli, Deoband, Sabitgarh, and Shamli in the west; Chandanpur, Rani Nangal, and Milak Narayanpur in the central region; and Ramkola in the east. The Company also runs six co-generation power plants at five of these sugar units, with a combined grid-connected capacity of 104.5 MW. The Company's Power Transmission (Gears) manufacturing facility is based in Mysuru, while the Water & Wastewater treatment business operates out of Noida. It owns five modern distilleries located in Muzaffarnagar (2 facilities), Sabitgarh, Milak Narayanpur, and Rani Nangal. These facilities produce ethanol, Extra Neutral Alcohol (ENA), Rectified Spirit (RS), and Denatured Spirit (SDS), using both sugarcane-based and grain-based feedstocks. The Company also markets Distillers Dried Grain Solubles (DDGS), a co-product from grain processing, which is well-accepted by premium institutions. In addition, Triveni Engineering manufactures both Indian Made Indian Liquor (IMIL) and Indian Made Foreign Liquor (IMFL).
Time of India
25-05-2025
- Time of India
iPhone 17 lineup expected in September; Apple faces pressure to make AI count
Apple is expected to launch the iPhone 17 lineup in September 2025, sticking to its annual upgrade cycle. According to reports and supply chain leaks, the Tim Cook-led company is adding a fourth model to its flagship smartphone series this year. New model incoming In addition to the base iPhone 17, 17 Pro, and 17 Pro Max, Apple is tipped to introduce a new variant called iPhone 17 Air—a thinner (around 5.5 mm) and lighter model, possibly with a single rear camera. This could serve as Apple's answer to a segment of users looking for portability over performance. Specs and display All iPhone 17 models, including the Air , are expected to feature 120Hz ProMotion displays. The screen sizes may range from 6.3 inches for the base model to 6.9 inches for the Pro Max. The Air is rumoured to come with a 6.6-inch display. Apple may expand Always-On Display functionality across the lineup, though this is not confirmed. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories Design refresh Apple is also set to revamp the iPhone's design language, which has seen only iterative changes in recent years. While the iPhone 15 and 16 Pro models used titanium frames, the company may revert to aluminium for the iPhone 17 series—except for the Air, which could feature a titanium-aluminium hybrid. The camera layout is reportedly getting a makeover. Instead of the squircle or vertical pill seen in recent models, the Pro variants may adopt a rectangular bar across the back, while the Air could feature a horizontal pill-shaped module. The iPhone 17 Pro Max might house a smaller Dynamic Island, thanks to new Face ID tech. Also Read: Apple to open its AI models to developers: Report AI urgency The design overhaul comes amid renewed scrutiny of Apple's position in the AI arms race. Former chief designer Jony Ive , who played a key role in shaping Apple's product DNA, recently announced a $6.4 billion deal with OpenAI to develop new AI-native hardware, through his startup io. Apple, which pioneered on-device AI with features like Face ID, Siri, and computational photography, is now under pressure as rivals like Google and Microsoft push ahead with generative AI and large language models. Its 'Apple Intelligence' suite—announced for iOS 18, macOS Sequoia, and iPadOS 18—has had a slow rollout, with several key features still pending. With expectations mounting, the iPhone 17 launch could be a critical moment for Apple to prove it's not falling behind in the AI era.
Hans India
20-05-2025
- Business
- Hans India
Eight core industries record 0.5 per cent growth in April
New Delhi: The combined index of eight core industries increased by 0.5 per cent in April 2025 as compared to the same month of the previous year, according to data released by the Commerce and Industry Ministry on Tuesday. The production of steel, cement, coal, electricity, and natural gas recorded positive growth in April this year, according to the official statement. The eight core industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP) and are an indicator of the overall industrial growth. Steel production, which has close to 18 per cent weight in the index increased by 3.0 per cent in April, 2025 compared to the same month of the previous year. Its cumulative index increased by 6.9 per cent during April to March, 2024-25 over the corresponding period of the previous year. Cement production increased by 6.7 per cent during the month while its cumulative index increased by 6.3 per cent during April to March, 2024-25 over the corresponding period of the previous year. Both the steel and cement sector have shown strong growth as the government's massive investments in big ticket infrastructure projects such as highways, railways, seaports and airports have spurred demand for these products. Besides, there has also been a pick-up in the construction industry. Electricity generation, which has a weight of close to 20 per cent in the index, increased by 1 per cent in April, 2025 over the same month of the previous year. Its cumulative index increased by 5.2 per cent during April to March, 2024-25 over the corresponding period of the previous year. Coal production increased by 3.5 per cent in April 2025 over the same month last year, with its cumulative growth at 5.1 per cent during April to March, 2024-25 over corresponding period of the previous year. Natural gas production increased by 0.4 per cent in April this year compard to the same month last year. However, crude oil production declined by 2.8 per cent during the month compared to April 2024 year due to the ageing oilfields of ONGC. Petroleum refinery production declined by 4.5 per cent in April, 2025 over the same month last year. Its cumulative index increased by 2.8 per cent during April to March, 2024-25 over the corresponding period of the previous year. Fertiliser production declined by 4.2 per cent in April 2025, over the same month last year while its cumulative index increased by 2.9 per cent during April to March, 2024-25 over corresponding period of the previous year. The final growth rate of the eight core industries for January 2025 was observed at 5.1 per cent. The cumulative growth rate of the core sector during April to March, 2024-25 now works out to 4.5 per cent as compared to the corresponding period of last year, the official statement said.
