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ALLETE, Inc. Reports Second Quarter Earnings of 53 Cents Per Share apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.
Strong steel industry brightens outlook for Allete duluthnewstribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from duluthnewstribune.com Daily Mail and Mail on Sunday newspapers.
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. ....
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. ....
Financial Services Firm HYPERAMS Celebrates 10-Year Anniversary Share Article Management Reflects on a Decade of Providing High-Quality Appraisal, Liquidation, Inventory, and Retail Services to Clients “Our motto has always been – and always will be – ‘Big Firm Quality, Small Firm Service.’ Thanks so much to all of those who have supported us in the last 10 years.”- Tom Pabst, HYPERAMS President and Founder WOOD DALE, Ill. (PRWEB) December 21, 2020 HYPERAMS, a full-service auction, appraisal, retail liquidation, and reverse logistics firm, will celebrate its 10th year this month. The HYPERAMS management team recently reflected on the company’s decade in business, its successful growth over the years, and its continued commitment to its clients and business opportunities going forward. ....