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Workhorse removes debt from balance sheet as High Trail converts debt holding to common stock

Workhorse removes debt from balance sheet as High Trail converts debt holding to common stock
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ALLETE, Inc. Reports Second Quarter Earnings of 53 Cents Per Share

ALLETE, Inc. Reports Second Quarter Earnings of 53 Cents Per Share
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Strong steel industry brightens outlook for Allete

Strong steel industry brightens outlook for Allete
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ALLETE, Inc. : Reports First Quarter Earnings of 99 Cents per Share

Reaffirms 2021 earnings guidance range of $3.00 - $3.30 per share
ALLETE, Inc. (NYSE: ALE) today reported first quarter 2021 earnings of 99 cents per share on net income of $51.8 million. Last year’s results were $1.28 per share on net income of $66.3 million. The timing of income taxes and operating and maintenance expense in 2021 negatively impacted the quarter compared to internal expectations by approximately 15 cents per share, which are expected to reverse during the remainder of the year. In addition, net income in 2021 included an approximately $5 million dollars, or 10 cents per share, negative impact related to ALLETE Clean Energy’s Diamond Spring wind energy facility due to an extreme winter storm event in the southern United States in February 2021. ....

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Can Intel's 'boy wonder' pull a Steve Jobs?

Can Intel’s ‘boy wonder’ pull a Steve Jobs?
MarketWatch
1/13/2021
MARKETWATCH FIRST TAKE
Pat Gelsinger left Intel Corp. more than a decade ago, when it was clear he would not become CEO after 30 years at the company.
On Wednesday, he finally got his dream job, but faces quite a task in returning the chip giant to the glory days of which he was a part.
Gelsinger started his career at Intel at age 18, and during his 30-year tenure, he said in a note to employees, he “had the honor to be mentored at the feet of” Intel co-founders Bob Noyce, Gordon Moore and Andy Grove. He eventually became the company’s first chief technology officer in 2000, and held other executive positions, only to leave in 2009 to go to EMC Corp., now part of Dell Technologies Inc. ....

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