BHGE Reports $32M Profit
Baker Hughes, a GE company, (BHGE) has reported profit of $32 million or 6 cents per diluted share on GAAP basis for the quarter ended March 31, 2019.Adjusted diluted earnings per share were 15 cents per share.The result compared with $70 million profit in Q1 2018, down 55%, and also down sequentially some 76% from $131 million or 28 cents per share.Revenue for the quarter was $5,615 million, a decline of 10%, sequentially. The decline was driven primarily by seasonality across most businesses. Turbomachinery and Process Solutions was down 27%, Digital Solutions was down 14%, and Oilfield Services was down 3%, partially offset with Oilfield Equipment up 1%.Compared to the same quarter last year, revenue was up 4%.Orders for the quarter were $5,693 million, down 17% sequentially and up 9% year-over-year. The sequential decrease was a result of seasonality in all product companies.GAAP (generally accepted accounting principles) operating income for the first quarter of 2019 was $176 million. Operating income declined $206 million sequentially and increased $217 million year-over-year. Total segment operating income was $373 million for the first quarter of 2019, down 39% sequentially and up 14% year-over-year.Depreciation and amortization for the first quarter of 2019 was $350 million.“BHGE delivered a solid first quarter against a backdrop of stabilizing global oil and gas markets. U.S. rig count dropped slightly less than expected, and international activity remained steady. The LNG market is very active. While the speed of the recovery varies across these markets, we see our Company positioned to benefit from multiple growth drivers,” said Lorenzo Simonelli, BHGE chairman, president and CEO. “We have a positive outlook across a number of end markets. Strengthening international markets will have the largest positive impact on our business, while operators in North America will continually re-evaluate their spending plans. The next wave of LNG projects will be positive for us, and we continue to see encouraging signs in the offshore market,” concluded Simonelli.
Tweet Share Sharing is caring! Share NewsRegional Ride the Bus HIV/AIDS campaign drives forward in St Kitts by: – November 11, 2011
Image via: thesun.co.ukBASSETERRE, St Kitts (SKNIS) — Bus passengers around St Kitts have been able to discuss the latest HIV/AIDS information as they journey to their various destinations, starting Tuesday.This is the result of an innovative activity being carried out by the National AIDS Secretariat called the “Ride the Bus” Campaign. In the first instance, it runs until the end of this week, Friday, November 11, then the second phase runs from Monday, December 19 to Friday, December 23, 2011. It involves health educators journeying the three passenger bus routes going around the island Westward, Eastward and up to St Peter’s. This will be done only on omnibuses with a “Ride the Bus” flier.Lucine Pemberton, a health educator based at the National AIDS Secretariat, said that thus far the campaign has been going very well, and all of the health educators have made successful trips on their various buses on the East and St Peter’s routes – leading discussions on HIV/AIDS, distributing literature, as well as male and female condoms. She said they worked the “Cayon” route on Tuesday and the St Peter’s route on Wednesday. Thursday and Friday are reserved for the “Sandy Point” and “Cayon” routes.Pemberton revealed that some of the more interesting questions pertained to queries on the services provided by the National AIDS Secretariat and the dangers of transactional sex with the example of individuals seeking money to outfit their homes prior to the Christmas Season.Another aspect of the National AIDS Campaign includes guest spots on local radio shows. On Thursday, health educators were guests on KYSS FM”s Conflicting Principles programmeUpcoming events also include the poetry forum Island Expressions reserving a theme of “HIV/AIDS” for its Thursday, December 1, World AIDS Day session. Additionally, the World AIDS Day March takes place on Friday, December 2.Caribbean News Now 54 Views no discussions Share
RelatedPosts Pirlo not out to copy anyone after Juventus’ comfortable opening win EPL: Foxes attack Burnley Aguero could be out of action until November, Guardiola says Arsenal vs Man City Venue: Emirates Stadium Kick off: 5:30PMPep Guardiola will bring up 200 matches in charge of Manchester City when the champions visit Arsenal at the Emirates Stadium this afternoon. Both sides have endured disappointing campaigns to date, with Man City slipping 14 points off the pace set by Liverpool and Arsenal beginning the weekend in ninth place, seven points off the top four. Guardiola’s previous 199 matches in charge of Man City have generally been gilded with great success, but he brings up his double-century in a position of unfamiliar vulnerability. Rumours have even surfaced that the Spaniard could walk away from the club at the end of the season and, while Guardiola was quick to shut down suggestions that he has an exit clause in his contract, a summer revamp looks increasingly likely. Having accumulated a whopping 198 points over the previous two campaigns, Man City now find themselves 14 points off leaders Liverpool following last weekend’s derby defeat to Manchester United, and that gap could grow to 17 by the time they kick off against Arsenal. Never in Guardiola’s glittering managerial career has one of his sides fared worse after 16 games of a season than City’s current tally of 32 points, with the champions having already lost as many games and dropped the same number of points as they did throughout the whole of last season and more than they did in their 100-point 2017-18 campaign. Indeed, rather than now focusing on a third consecutive title, Man City must first concern themselves with catching an in-form Leicester City side that sits six points clear of them ahead of their own visit to the Etihad Stadium next weekend. Guardiola’s side have boasted a well-earned aura of invincibility around them over the past two years, but that is no longer the case having dropped points against Norwich City, Wolverhampton Wanderers and Newcastle United amongst others this season, and their current run of three wins, three draws and two defeats from their last eight games across all competitions is verging on crisis mode by their own standards. City have always been good at bouncing back from their rare defeats in the Guardiola era, as they did in midweek with a 4-1 cruise over Dinamo Zagreb, but such form will have sown a seed of doubt into the minds of the players, as well as increasing the belief from Arsenal’s point of view. Not since the beginning of November have Man City won back-to-back games across all competitions, and with league matches against Leicester and Wolves to come after Sunday’s showdown, it could be that they drop yet more points during the festive period. There is no doubt that the failure to replace Vincent Kompany, coupled with Aymeric Laporte’s injury, has severely cost the champions this season, and they arrive at the Emirates without a clean sheet in their last 10 matches stretching back to October 26. City remain the division’s leading scorers and could net in a club record-equalling 20th successive league away game this weekend, but whether a defence which has shipped more goals than the likes of Sheffield United and Crystal Palace can keep Arsenal’s attackers at bay remains to be seen. Arsenal’s problems are similar but even more deep-rooted, with the Gunners boasting some of the deadliest forwards in the league who are hampered by a defence which has failed to keep a clean sheet in 13 matches. Just two of those 13 games have ended in victory, including only one of their last 11, and even that Monday night triumph over West Ham United was not enough to paper over the cracks for most. Arsenal were poor for much of that match and deservedly trailed at half time before a nine-minute blitz saw them end their longest winless run for 42 years, leaving them now searching for back-to-back league triumphs for the first time since August. Another comeback was required in midweek as Arsenal survived a brief scare against Standard Liege, going 2-0 down before another quickfire brace secured their place in the last 32 of the Europa League. Success in that competition may be their best hope of returning to the Champions League next season given that they are seven points adrift of the top four after 16 games, which is the same gap which separates them from the relegation zone. It has not been a textbook audition for interim boss Freddie Ljungberg so far, then, and one of the more intriguing subplots surrounding Sunday’s match is the presence of Mikel Arteta – a favourite for the Arsenal job alongside Carlo Ancelotti – in the Man City dugout. If Ljungberg does stay in charge for the foreseeable future then things will not get much easier for him, with Man City, Chelsea and Manchester United all to come in the next five games. All of those games come at home, which ordinarily would be a positive except for the fact that Arsenal are winless in their last five outings at the Emirates Stadium, including defeats in their last two. Not since March 2018 have they lost three home games in a row. The Gunners have only kept one clean sheet in front of their own fans all season and could concede two or more goals in four successive home games for the first time since December 1965. Should one of those be the opener then it would also be the first time they have conceded the first goal in six consecutive Premier League matches. Couple that with a poor recent record against Man City and Sunday’s match does not look like a promising proposition for the home side, but they will also know that there has rarely been a better time to face City in recent years and the opportunity to earn a significant feather in Ljungberg’s cap is certainly there. Arsenal possible XI: Leno, Maitland-Niles, Sokratis, Luiz, Kolasinac, Guendouzi, Torreira, Pepe, Ozil, Martinelli, Aubameyang. Man City possible XI: Ederson, Walker, Otamendi, Fernandinho, Mendy, De Bruyne, Rodri, Gundogan, Bernardo, Jesus, Sterling.Tags: Arsenal FCFreddie LjunbergLeicester CityNorwich CityPep GuardiolaUnai Emery
A late night landing for Air Force One touching down at Palm Beach International Airport […]
New Delhi: Shakib Al Hasan was handed a two-year ban (one year suspended) by the International Cricket Council (ICC) on Tuesday after he admitted to various failures to report corrupt approaches made to him. Shakib, Bangladesh’s Test and T20 captain and the world’s No.1 all-rounder in ODIs, was handed the ban for failing to report three corrupt approaches, including one at the IPL, by a suspected Indian bookie, ousting him from the upcoming tour of India. Twelve months of that ban is a suspended sentence which will come into effect if the 32-year-old fails to comply with the anti-corruption code of the world body. The one-year ban that he has to serve will keep him out of next year’s Indian Premier League (IPL) and also the World T20 to be held in Australia from October 18 to November 15 the same year.The ICC made Shakib Al Hasan’s WhatsApp chat with alleged bookie Deepak Aggarwal public in a full reasoned decision posted on its official website.”Shakib Al Hasan told the ACU that he did not accept or act upon any of the approaches he received from Aggarwal, in particular, he did not provide him with any of the information requested, nor did he accept or receive any money or other reward from Aggarwal. However, he did not at any time report any of the approaches to the ACU or any other relevant authority, ” said ICC.Here’s a timeline of the conversations between Bangladesh captain Shakib Al Hasan and suspected Indian bookie Deepak Aggarwal released by ICC:January 2018: Shakib was selected as part of the Bangladesh team participating in a Tri-Series between Bangladesh, Sri Lanka and Zimbabwe. During this series, he and Aggarwal engaged in further WhatsApp conversations.19 January 2018: Shakib received a WhatsApp message from Aggarwal congratulating him for being named man of the match in that day’s game. Aggarwal followed this message with a message saying “do we work in this or I wait till the IPL”. The reference to “work” in this message was a reference to him providing Inside Information to Aggarwal. He did not report this contact from Aggarwal to the ACU or any other anti-corruption authority.23 January 2018: Shakib Al Hasanreceived another WhatsApp message from Aggarwal in which Aggarwal made another approach to him to provide him with Inside Information, saying “Bro anything in this series?”He confirmed that this message related to Aggarwal’s request to him to provide Aggarwal with Inside Information in relation to the ongoing Tri-Series. He did not report this request for Inside Information from Aggarwal to the ACU or any other anti-corruption authority.26 April 2018: Shakib Al Hasan played for the Sunrisers Hyderabad team in its IPL match against Kings XI Punjab. He received a WhatsApp message from Aggarwal that day asking him whether a particular player was going to be playing in the game that day, i.e. again asking for Inside Information. Aggarwal continued this conversation with him by talking about bitcoins, dollar accounts and asked him for his dollar account details. During this conversation, he told Aggarwal that he wanted to meet him “first”.These messages on 26 April 2018 included a number of deleted messages. Shakib confirmed that these deleted messages contained requests from Aggarwal for Inside Information. He confirmed that he had concerns over Aggarwal, feeling he was a bit “dodgy”, and that, following their conversations, he had the feeling that Aggarwal was a bookie. Shakib did not report any of the contact and approaches received from Aggarwal on 26 April 2018 to the ACU or any other anti-corruption authority. For all the Latest Sports News News, Cricket News News, Download News Nation Android and iOS Mobile Apps.
–aiming to win today’s road raceTHE team of Jason Cameron, Marcus Keiler, Curtis Dey and Adellie Hodge clocked 13 minutes, 39.42 seconds to win yesterday’s Inter Guiana Games (IGG) cycling time trial, and will make a push to keep Guyana’s rich tradition of winning the road race at the games.Covering a distance of 10 kilometers, the Guyanese riders made it look easy and used their excellent team chemistry to their advantage.Suriname covered the distance in a time of 14 minutes and 56 seconds.In the women’s time trial, which was done individually, Guyana’s Deance Welch rode the distance of six kilometers in nine minutes and 53 seconds; 52 seconds slower than her Surinamese rival who finished first.Coached by Hassan Mohammed, the Guyanese quartet will be aiming to take the road race by storm today.Welch, who is one of Guyana’s top female cyclist, will rely on Yonika and Shenika Barker in the road race to help make a clean sweep of the cycling. (Rawle Toney)
Facebook Twitter Google+ Syracuse will play a Rutgers team on Saturday that features one of the best defenses in the country. Under new head coach Kyle Flood, the Scarlet Knights are boasting a 5-0 record and have earned themselves a No. 20 ranking. The Daily Orange spoke to Star-Ledger beat writer Tom Luicci about all that and more.The Daily Orange: Rutgers’ defense has been impressive all season, but how do you think it will do against Syracuse’s no-huddle offense? Has RU seen any no-huddle yet this season?Tom Luicci: The key to defending any no-huddle or hurry-up offense is defensive communication. Rutgers has a significant advantage in that regard because of all the seniors in key roles on defense — guys who have seen pretty much everything an offense can offer. So as long as the lines of communication keep open, Rutgers should be okay. This is an experienced defense that can handle most any situation. That’s what makes it so good. Tulane and Arkansas sped up the tempo on offense and had success passing, but Rutgers turned both into one-dimensional offenses (stopping the run) and was able to force key interceptions and win both games.The D.O.: How much has Gary Nova grown as a quarterback since last season? How much do you think it’s helped him that he’s not in a two-quarterback system with Chas Dodd?TL: Nova has always had confidence in his abilities. Now he has a track record to justify it. His decision-making has improved dramatically and he has cut down on his mistakes (no interceptions the past three games). Those were issues last season when he started five games, but he was a true freshman then. Now he’s a sophomore with 10 career starts. He has command of the offense now, is poised and is playing with a sense of purpose. Again, he has improved his decision making. That’s the biggest difference. There’s no doubt that not having to look over his shoulder waiting to see if Dodd will replace him has been a key to his success. It allows him to focus on more important things than position survival.AdvertisementThis is placeholder textThe D.O.: What’s the biggest difference you’ve seen in Rutgers since Kyle Flood took over?TL: Offensively and defensively, from a scheme standpoint, there has not been much change at all. But what Flood has done is to allow this to be more of a players’ team because of the tremendous senior leadership it has. Schiano would not have done that. Schiano also didn’t delegate as much to the assistants as Flood has done. Flood hired eight new assistants, has faith in them and trusts them all. He allows them to do their jobs. No one is walking around on eggshells any more, which was too often the case under Schiano. That type of control-freak approach was probably needed to get Rutgers to respectability. But after a while it became counter productive. Instead of playing freely, players often played afraid to make a mistake. Not now.The D.O.: How do you think Syracuse’s receivers match up against Rutgers’ secondary? TL: It should be a good matchup. Despite some shaky pass defense numbers so far, Rutgers has one of the best secondaries in the country. Logan Ryan, Marcus Cooper and Brandon Jones are proven corners. So far, Syracuse seems more willing to take the 15-yard gains in chunks in the passing game as opposed to being a deep-threat team. It will be interesting to see how determined Syracuse is to establish the run against the nation’s No. 2 run defense. Rutgers has turned a lot of offenses one-dimensional, and what happened in the fourth quarter last week against Connecticut (three interceptions) often happens to opponents when they are forced to pass against Rutgers and can’t run.The D.O.: If a team is going to beat Rutgers, what’s the most important thing they’ll need to do?TL: Pressure Nova, force turnovers and run the ball. Nova really hasn’t faced serious pressure all year and Rutgers has kept the turnovers to a minimum. And no one has run against this Rutgers defense, which changes what offenses want to do. That’s when they play into the hands of what is a very good defense. Comments Published on October 11, 2012 at 12:03 am Contact Chris: cjiseman@syr.edu | @chris_iseman
Junior forward Nick Rakocevic shoots a layup against Long Beach State Nov. 28 at Galen Center. (Josh Dunst/Daily Trojan)Junior forward Nick Rakocevic earned his first career Pac-12 Player of the Week honor for the week of Jan. 7 when the Trojans faced Cal and Stanford at home. This marks the first Pac-12 Player of the Week award for USC this season. Rakocevic was fundamental in the Trojans’ feat of starting conference play 2-0. In an 82-73 victory over Cal, he boasted a career-high 27 points and eight rebounds while shooting 85 percent from the field and leading the team in both points and rebounds. He had a similarly impressive showing in the 77-66 victory over Stanford, where he again led the team with 23 points and 10 rebounds. His 57 percent shooting from the field was enough to help fend off a late comeback from the Cardinal. He held combined averages of 25 points, a 69.7 field goal percentage and nine rebounds per game to secure his Pac-12 recognition. Throughout the last 15 games of the season, Rakocevic has averaged 15.7 points and 10.1 rebounds per game. As a sophomore, he averaged 8.1 points per game and 5.2 during his freshman season. USC will travel to Oregon to play Oregon State Thursday and Oregon Sunday.
Share StumbleUpon Submit Real Betis selects Betway as its official shirt sponsor August 10, 2020 Betway and Dafabet grow La Liga sponsorship portfolios August 14, 2020 Related Articles ESI Digital – No Drama Please… Esports growth should be treated as business as usual August 20, 2020 Share Anthony Werkman, BetwayBetway marketing has confirmed that it has extended its sponsorship of leading esports team ‘Ninjas in Pyjamas’ (NiP) for a further two years.Issuing a market update, Betway marketing confirms that it has entered a new seven-figure agreement with NiP covering sponsorship for the next three years.Betway will continue to be a prominent partner of NiP, with the bookmaker set to feature on all team clothing and across NiP’s training facilities.Furthermore, Betway marketing secures NiP brand, media and player rights which will be utilised for the development of commercial and social media content.Betway has sponsored NiP since 2016, becoming the bookmaker’s first esports-centric partnership. Updating stakeholders, Anthony Werkman Chief Executive of Betway detailed that the bookmaker plans to convert NiP into a legacy partnership for Betway’s marketing portfolio.Anthony Werkman said: “Our partnership with Ninjas in Pyjamas helped put Betway on the map as an authentic, passionate and committed supporter of esports around the world.“They are a firm favourite in the Betway sponsorship stable having demonstrated not only their skills in the arena but also their personalities behind the screen. By actively engaging with fans through our Betway esports social channels they have helped bring more people closer to the game than ever before and we are very excited about the future together.”Hicham Chahine – NiPHicham Chahine, CEO of Ninjas in Pyjamas, added: “We are delighted to have extended our partnership with Betway after a very successful couple of years. The team at Betway has been a pleasure to work with and has played a big part in our success.“Betway is the leading esports betting company and this partnership will allow us to continue to grow our legacy to millions of fans around the world together.“We are extremely proud of what we have achieved over the last two years, and are confident we can elevate this partnership further. We are looking forward to working with Betway for the long term. #GONINJAS”
Legendary Ghanaian forward, Tony Yeboah, arguably put his name on the global map during his time in Germany. The mercurial forward stole the show in his first stint in Germany, most notably with his back to back top scorer awards with Eintracht Frankfurt in the 1992/93 and 1993/94 seasons. However, all that may never have happened due to his reluctance in leaving Okwawu United for Germany, due to the love and gifts he received from fans of Okwawu United. “I didn’t exactly want to leave because I was enjoying Ghana, he said in an interview with GTV Sports. “Those times after a game for Okwawu United I would walk through Kantamanto and get money from people. “I was very proud of myself at the club and didn’t want to go to Germany, but Abrah Appiah thought it was a very big opportunity for me, so I took it.”After a couple of difficult trials in the European country, he finally signed for Saarbrucken, the first of 3 German sides he played for.Yeboah spent 10 years in Germany in two separate stints over the course of his careers scoring 96 Bundesliga goals in the process – the second highest scoring African in the league’s history, behind Pierre-Emerick Aubameyang.