Posted on October 14, 2020 by iwano@_84
In a troubling sign of COVID-19’s resurgence, the Minnesota National Guard has been called in to provide emergency staffing support at two nursing homes struggling to contain large and deadly outbreaks of the respiratory disease.
Over the past 10 days, the National Guard has dispatched small teams of medical professionals to facilities at opposite ends of the state where dozens of residents and staff have been sickened, and where staffing levels became so depleted that they turned to the state for help. Both facilities — one in the southern Minnesota city of Austin and the other on the Iron Range in Hibbing — have active outbreaks and are isolating infected residents in separate COVID-19 units.
The rare deployments come amid an alarming resurgence of COVID-19 across the region and amid mounting evidence that the virus is infiltrating Minnesota’s 2,100 long-term care facilities after declining over the summer. They also reflect
Posted on September 24, 2020 by iwano@_84
Wells Fargo reports back on virtual investor meetings held with Home Depot (NYSE:HD) CFO Richard McPhail and other execs.
The firm says the talks reinforced its view that recent tailwinds appear sustainable, 1H margin headwinds can improve, and outsized share gains can continue via enhanced Pro offerings, category initiatives and expanding supply chain capabilities.
“With sustainability questions and tough FY21 compares entering the narrative, we continue to view the home improvement category among the highest quality in retail, and with HD shares – 10% off recent highs (-7% SPX), we see an attractive entry point. In our view, recent share gains can accelerate (vs. fragmented, underinvested competition), macro/housing remains robust (turnover, rates, etc.), and de-urbanization and wallet share shifts remain incremental.”
For investors, the math still works out for snapping up shares, per the WF analyst team.
“At 22x, we see an entry point. HD’s NTM P/E shed 2.5x turns
Posted on September 23, 2020 by iwano@_84
The V&A Waterfront has taken the next step in making the Western Cape’s first inclusive kitchen incubator a reality by calling for applications.
The kitchen incubator is one part of Makers Landing, a purpose-driven space that will open at the V&A Waterfront later this year at the Cape Town Cruise terminal. The space will be built around a community with food as a passion point and cultural connector, where authentic South African food and its diversity is shared and celebrated
Along with the kitchen incubator programme, the space will also include a kitchen studio and event space, that showcases a makers’ space, market stalls and eateries, which will give valuable insight into end-to-end food production while providing a variety of delicious and authentically local meals and products.
The Makers Landing Food Lab incubation programme, in partnership with the National Treasury’s Jobs Fund, is