Dame Judi Dench has agreed to become a Patron of the ‘Bomber Command Upkeep Club’, in order to help honour the bravery of the Bomber Command and the sacrifice of the 55,573 men who gave their lives for the freedom of others.Launched by the RAF Benevolent Fund, the club is named after Barnes Wallis’ famous bouncing bomb, “Upkeep”, used in the great Dambuster Raid of May 1943.Dame Judi Dench visits the Bomber Command Memorial in LondonDame Judi Dench said: “I am delighted to become a Patron of the Upkeep Club. The Bomber Command Memorial, which so nobly honours the sacrifice of the fallen aircrew, has already become a place of pilgrimage for relatives and former acquaintances of the ‘Bomber Boys’ lost during the Second World War.“Veterans and widows, often having travelled thousands of miles, are reminded of treasured friendships and past romance, so prematurely ended, so fondly recalled. Through membership of the Upkeep Club, people can directly support the commemoration of those who died for our individual and national freedoms.”Air Marshal Chris Nickols, Controller of the RAF Benevolent Fund said: “As the proud guardian of the Bomber Command Memorial, the Royal Air Force Benevolent Fund is committed to ensuring that the remarkable bravery and sacrifice of the young aircrew, who gave their lives defending our freedom during the Second World War, will always be remembered. To this end, we need to raise £1.5 million to ensure that the Memorial can be preserved for future generations. We’re delighted to announce that Dame Judi Dench has agreed to become a Patron of the Bomber Command Memorial Upkeep Club and we hope it inspires many more to join.”To learn more about how you can help, visit the Upkeep Club webpage.
On August 1 and 2 Duffy’s Hope Inc. hosted their 12th Annual Duffy’s Hope Celebrity Basketball game.This year’s game was held at the University of Delaware, Bob Carpenter Center located at 631 South College Avenue, Newark, Delaware 19716. Also, the Foundation presented a Meet & Greet for their VIP and Floor Seat ticket holders before the Celebrity game.The annual Duffy’s H.O.P.E, Inc. Celebrity Basketball Game featured well known television, movie and music stars! Those who put on their sponsored Moneyball Sportswear uniforms and Reebok sneakers to raise funds for the Duffy’s Hope Organization, as well as lend their time for personal appearances, included: Keshia Chanté (Host of BET’s 106 & Park), Romeo (Jumping The Broom and Madea’s Witness Protection), Jay Ellis (Blue from BET’s, The Game), Allie DeBerry (Paisley Disney’s Hit Show, A.N.T. Farm), McKinley Freeman (Derek VH1’s Hit the Floor), Lamman Rucker (Tyler Perry’s hit TV series Meet the Browns AND Tyler Perry’s film, Why Did I Get Married?), Tammy “T-Time” Brawner (Original Harlem Globetrotters), Christian Keyes (BET’s Let’s Stay Together), Raven Goodwin (Disney’s Good Luck Charlie), Hot Sauce the Streetballer, Manilove and Delaware’s own D.J. Mifflin (Sleepy Hollow).The weekend began with Duffy’s Hope, Inc. hosting their 2nd Annual Evening of H.O.P.E. Reception on Friday, August 1. This special occasion honored contributors and community members for their philanthropic endeavors while recognizing the youth participants who have made significant strides towards a promising future. The “Evening of H.O.P.E.” has become a tradition for kicking off the fun-filled weekend experience of quality prevention programming.Day Two of the weekend continued as Duffy’s Hope was excited to partner with Delaware Prevention Coalition as the sponsor for the Teen Summit Panel held at Delaware State University in Dover, Delaware. Keynote speaker, Keshia Chanté, host of BET’s 106 & Park opened up the forum by giving personal insight on what her motivation was to succeed; how important education was to her and how not to let anyone stop the goal(s) you have set for yourself. The panel continued with a Question and Answer forum to the five hundred enthusiastic young teens who could not wait to speak with Keshia Chante as well as the other guests who joined the discussion, Allie DeBerry, McKinley Freeman, Jay Ellis, Raven Goodwin Tammy “T-Time” Brawner and Delaware’s own D.J. Mifflin.Additional sponsors included United Way of Delaware, City of Wilmington, New Castle County Government, Herr’s Foods, Delmarva Power, Hilton—Wilmington/Christiana, Erotique, Unico Vino, From Mother’s Garden, Strength of Nature House of Brands, Philadelphia 87ers; The Source and Movement magazines.The weekend grand finale was the much anticipated Celebrity Basketball Game. Fans of all ages from beginning to end experienced a special half-time performance, games and giveaways; in addition to, the opportunities to meet celebrities, get their autographs and take pictures, along with watching a thrilling game, which the Celebrities prevailed over the Local team 57- 46.Duffy’s Hope, Inc. founder and basketball enthusiast, Duffy Samuels has taken his passion and love towards the game of basketball and his community, and channeled it into an organization comprised of dedicated, hardworking volunteers who are committed to providing a helping hand to Delaware youth.The Duffy’s Hope Celebrity Events serve an average of 3,500 spectators; and in its 12th year, the annual Celebrity Basketball Game has become the major resource of promoting the importance of adult involvement and financial support of youth based prevention programs. The event also encourages youth to overcome obstacles and always strive for excellence in all areas of their lives. read more
Hosted by Georgia, the World Rugby U20 Championship 2017 saw its participating teams and the World Rugby Organization declare their support for HeForShe, the UN Women solidarity movement for gender equality.New Zealand’s rugby players talking about gender equality and empowering of girls through sportsCredit/Copyright: UN Women/Maka GogaladzeThe event, which took place at the premises of the National Archives of the Ministry of Justice of Georgia, served as a venue to affirm the partnership between UN Women and World Rugby within the framework of the championship. In her welcoming speech, Erika Kvapilova, UN Women Country Representative in Georgia, thanked the Georgian Rugby Union, which was one of the first supporters of HeForShe in Georgia: “We would like to extend special thanks to them for their initiative, within the framework of which the Georgian rugby players met with 500 children in 19 villages and spoke to them about equality between girls and boys, women and men, and about the importance of non-violent behaviour. Today’s initiative is taking place under the auspices of the World Rugby U20 Championship.”Davit Sergeenko, Minister of Labour, Health and Social Affairs, spoke about the significance of having tight cooperation with UN Women. He also emphasized the ongoing cooperation between UN Women and the rugby community: “Today’s event is an affirmation of this cooperation. I am happy that this partnership is truly effective and not a symbolic one.”Gocha Svanidze, President of the Rugby Union, also addressed the guests attending the event and thanked Mrs. Kvapilova for UN Women’s trust: “We, the rugby players, are not just supporters of this campaign. It is a lifestyle that we will always have.” read more
Award-winning gospel artist Jacky Clark Chisholm is excited to announce her support of St. Jude Children’s Research Hospital.On August 8, 2017, Chisholm is scheduled to release her upcoming single “Cover Me” with all proceeds benefitting St. Jude, which is leading the way the world understands, treats and defeats childhood cancer and other life-threatening diseases.In an effort to further the belief of late entertainer, philanthropist, and St. Jude founder Danny Thomas that “no child should die in the dawn of life,” Chisholm is committed to supporting Danny’s dream of advancing cures, research, and prevention of childhood cancer.Chisholm serves as an ambassador for St. Jude Sunday of Hope, which leads church congregations nationwide in donating to St. Jude via their Sunday offering services. Her achievements in gospel music include Grammy, Stellar, Dove and NAACP Image awards. In addition to being a philanthropist and artist, she is also a licensed nurse.“Being a nurse for over 40 years, I have witnessed firsthand how devastating cancer can be for any adult,” Chisholm says. “But when we see how babies and innocent children have to suffer from such a dreadful issue, it becomes personally heartbreaking.” It is these experiences, in particular, that inspired her to support St. Jude.Thanks to supporters like Chisholm, no family receives a bill from St. Jude for treatment, travel, housing or food — because all a family should worry about is helping their child live. read more
Advertisement Advertisement Twitter Login/Register With: But not everyone embraced the idea of mass luxury in those early years. To say Yurman faced resistance within the luxury ranks for his all-inclusive approach is an understatement.“I think we created that category of accessible luxury and some people weren’t happy and they tried to keep me politically out of certain areas,” he says of the initial reaction from other brands David Yurman is a self-described pioneer of the affordable luxury market.From the early beginnings of his eponymous jewelry brand, which he started with his wife Sybil in New York in 1980, he aimed to create a range of pieces at various price points that a wide array of people could afford.“I’m a proponent of there being democratic luxury,” Yurman explains of the ethos. “We kind of created a category of designer jewelry that was a luxury product but based on a name with the founder/creator of the product as its signature. And it was very relaxed and very attainable.” LEAVE A REPLY Cancel replyLog in to leave a comment Facebook Advertisement read more
Facebook Advertisement Advertisement The Christmas TrainBased on the #1 New York Times bestselling book of the same name by David Baldacci, The Christmas Train is a Hallmark Hall of Fame movie set to premiere during the network’s ambitious slate of holiday programming later this year.The story follows Tom Langdon, a 41 year old journalist. Outside of work, Tom doesn’t have a whole lot going for him; he’s divorced with no kids, no siblings and his father died years ago. His mother, who is the only one he has left, has just passed away from a stroke. During this desperate state, the lowest point in his life, he turns to his ex-wife for help, but she won’t even accept his collect call.Tom sets out on a train trip across the United States, from D.C. to California, just in time for Christmas. His experiences along the way cause him to rekindle a former love and rediscover both himself and the magic of Christmas. Twitter Login/Register With: LEAVE A REPLY Cancel replyLog in to leave a comment Advertisement READ MORE read more
LEAVE A REPLY Cancel replyLog in to leave a comment Login/Register With: Advertisement lan Thicke’s memory lives on.One year after his untimely death, friends and family are paying tribute to the beloved late actor, who died on Dec. 13, 2016, at age 69, after suffering a ruptured aorta while playing hockey with his youngest son, Carter.The 20-year-old actor-writer tweeted a sweet throwback photo of him and his dad on Wednesday, along with the heartbreaking caption, “It’s hard to believe it’s been a year. Some days it feels like it was only yesterday and other days it feels like its been years. Nothing can really describe the loss, but I feel you here everyday in my life.” READ MORE Advertisement Twitter Facebook Advertisement read more
Facebook Login/Register With: Timothee Chalamet has had everybody talking when it comes down to TIFF 2018 — Getty Advertisement Advertisement LEAVE A REPLY Cancel replyLog in to leave a comment Advertisement The actor was closely followed by Lady Gaga at No. 2, Bradley Cooper at No. 3, Robert Pattinson at No. 4 and Kristen Stewart rounding off the top 5.The top 10:1. Timothée Chalamet2. Lady Gaga3. Bradley Cooper4. Robert Pattinson5. Kristen Stewart6. Chris Pine7. Nicole Kidman8. Steve Carell9. Natalie Portman10. Mahershala Ali Twitter TIFF officially begins Thursday and there are some stars who already have everybody talking on social media.Twitter Canada has unveiled its top 10 list of the most-mentioned celebs as #TIFF2018 gets underway, with Timothee Chalamet coming out on top.Our @michaelpalombo looks at the stars and films owning the #TIFF18 conversation on Twitter https://t.co/bOgkT6Vc5KMost mentioned #TIFF18 stars1. Timothée Chalamet2. Lady Gaga3. Bradley CooperMost mentioned #TIFF18 films1. Beautiful Boy2. A Star is Born3. High Life pic.twitter.com/Z9kgwVcdmm— Twitter Canada (@TwitterCanada) September 5, 2018 read more
Advertisement Hugh Jackman will launch his first-ever world tour next year, performing at arenas mostly reserved for pop, rock and rap stars.The multi-talented entertainer announced his The Man. The Music. The Show. tour on Thursday, which will feature Jackman singing songs from The Greatest Showman, Les Miserables and Broadway musicals, among other selections. He will be accompanied by a live orchestra.The tour starts in Europe, officially kicking off in Hamburg on May 13, 2019. He will play two shows at The O2 Arena in London. LEAVE A REPLY Cancel replyLog in to leave a comment Hugh Jackman’s world tour starts in Europe, officially kicking off in Hamburg on May 13, 2019. (Jordan Strauss/Invision via AP) Advertisement Login/Register With: The North American leg begins June 18 in Houston, and he will perform twice at both New York’s Madison Square Garden (MSG) and Los Angeles’ Hollywood Bowl. He’ll have one show in Toronto on June 25 at Scotiabank Arena.Most tickets go on sale Dec. 7. Tickets for the MSG shows go on sale Dec. 10. Advertisement Facebook Twitter read more
APTN National NewsWinnipeg police said Tuesday they had new information on a woman who went missing in the city two years ago.Police have again released a video about her disappearance.
By Kenneth Jackson and Keith LaboucanAPTN National NewsEdmonton – A startling revelation came out in an Edmonton courtroom Thursday when an 18-year-old First Nation girl said she had been raped five days earlier but when police were called she was the one who got arrested.On top of that, no rape kit was performed until three days later.It’s not immediately known where her alleged attackers are. The young woman can’t file a criminal complaint with police until she is released from custody.The bombshell was dropped in Youth Court when the young woman, who APTN National News is not naming as of now, said she’d been raped at a west end motel on Sunday. She was bloodied, bruised and had a front tooth knocked out in the attack according to both her lawyer and a youth court worker.She said she called her mom after the assault. Her mother called police who ran the girls name in their computer.They discovered she had an outstanding warrant for an arrest on an old outstanding breach as a minor. As part of her conditional discharge she was to write an apology letter and do 40 hours of community service.She never did for some reason so the police arrested her.They put her in jail.When contacted, the Edmonton police said they couldn’t comment.Mark Cherrington works in youth and family court as a youth worker. He said he was blown away by what he heard in court.“She’s just hysterical and in tears. She’s just been totally traumatized,” said Cherrington, describing the young woman in court.Cherrington said she told police she had been raped but officers are alleged to have said that she could file a complaint after being released.The remand centre was tripled-bunked so she ended up sleeping on the floor with two other women in a holding cell.No rape kit was performed Sunday. On Monday nothing was done.Finally, on Tuesday a rape kit was taken. She couldn’t bathe for three days for fear she’d wash away the evidence but also because prisoners in holding cells aren’t able to shower.“She understands she can’t have a shower or bath Monday (or Sunday) because she needs to get a rape kit. Tuesday comes along and they bring her for a rape kit which [was] way beyond the recommended time,” said Cherrington.Her lawyer is going to be filing a complaint with police.“This young woman told me that she had been sexually assaulted, did not have a rape kit done on her immediately, waited until Tuesday for the rape kit and, on top of that, five days she went without a shower,” said Parm Johal.Cherrington said the test came back positive she had been raped.Johal said her client was at the motel with her boyfriend and they got into an argument and he left. She was befriended by two men and woman who were staying there. They invited her in to their room and she alleges they attacked her. She alleges that both men sexually attacked her and the woman physically assaulted her.Johal said it wouldn’t be hard for police to track them down because they would have had to give identification to get the room.The young woman’s troubles don’t end there.She was kept in the remand centre Thursday and was supposed to be released Friday evening, said Cherrington.“I would go on the record that there are two levels of justice in this city. There’s Aboriginal and non-Aboriginal justice,” he said.More on that and this developing story Monday on APTN National News.email@example.com@aptn.ca read more
APTN National NewsFirst Nations children on-reserve continues to be the focus at the Canadian Human Rights Tribunal.The 14-week hearing is underway in Ottawa.The case alleges the federal government discriminates against First Nations on-reserve by underfunding child welfare programs resulting in a growing number of Children being placed in care.APTN National News reporter Annette Francis was there.
APTN National NewsThe Liberal government announced Tuesday they will begin the first phase of a national inquiry into missing and murdered Indigenous women.That begins by meeting with families of MMIW in Ottawa Friday.APTN’s Annette Francis spoke to couple to hear what they want to see happen.
Dennis Ward APTN National NewsNearly two dozen people have been arrested at a Dakota Access pipeline worksite.Another protest is currently underway as things are heating up near Standing Rock.
Annette Francis APTN News On Tuesday, APTN News brought you the stories of people who have been targetted by the Canada Revenue Agency over what the government says are unpaid taxes.They worked for a temp company called OI Leasing that is situated in Six Nations in Ontario.The company hired employees who worked tax-free because the main office was on a reserve.But the government doesn’t see it that way and now thousands of people owe tens of thousands of dollars in back-taxes.Here’s an update on what is happening with the case. read more
Kathleen MartensAPTN NewsThere are concerns around the use of so-called cheap labour to fulfill Winnipeg’s multi-million-dollar garbage collection contract, thanks to an investigation sparked by APTN Investigates.A union official says low-paid day workers, many of whom are Indigenous men, are picking up the majority of household trash.“I raised the APTN report (with city council) numerous times,” said Gord Delbridge, president of Canadian Union of Public Employees Local 500.“I told (them) that if you continue to proceed down this path – knowing full well what’s taken place in the way some of these people are being exploited – you should all be ashamed of yourselves.”City council says it is privatizing residential garbage pick-up to reduce labour costs and save money.Its first deal, with was for five years, went to Emterra Environmental, that relied on temporary workers to drive trucks and empty garbage bins.That reliance and the related problems were exposed in the 2016 APTN Investigates’ documentary Hurting for Work.Reporter Melissa Ridgen interviewed garbage truck drivers and workers who said they weren’t properly trained, equipped or paid more than minimum wage. They said they lined up for work every day and were often hurt on the job.Ridgen revealed Manitoba Workplace Safety and Health issued numerous stop work and improvement orders to Emterra during the life of the contract – many related to worker injuries.That deal expired last fall and council awarded a new, seven-year contract to Miller Waste Systems Inc. and Green for Life Environmental Inc. – two Ontario firms. The contract prevents them from speaking to the media. They did not respond to calls from APTN.Delbridge said the union, which represents 4,600 Winnipeg civic workers, has long opposed privatization for lower wages and poorer benefits.He said “Indigenous people were exploited” under the Emterra deal and alleged it’s still happening with the new contractors, who are allowed to hire day labour as long as it’s less than 50 per cent of the workforce.“I think 50 per cent is absolutely, ridiculously high, in terms of setting a limit on the use of day labour,” said John Hutton, director of the John Howard Society in Winnipeg.“If somebody is using up to 50 per cent of the workforce from day labour they’re abusing that system.”The John Howard Society helps men with criminal records find employment and upgrade their education and skills. Many of whom are young Indigenous men, Hutton said, and use day labour opportunities to find work.But that doesn’t mean a company earning millions from the city should take advantage of them said Hutton.“If a company needs people every day it knows what it needs are and it should be employing these individuals and giving full benefits available to an employee,” he said.The Canadian Centre for Policy Alternatives confirmed many of APTN’s findings in the report ‘Trashed: How Outsourcing Municipal Solid Waste Collection Kicks Workers to the Curb’ released last month.“What we did find by speaking to the workers themselves was a pretty consistent story about the labour experiences, the working conditions they were experiencing when they were going through the temporary help agencies,” said Ellen Smirl, who authored the report.Smirl said the majority of drivers and workers interviewed “wanted to have full-time, permanent work.”Coun. Brian Mayes (St. Vital) said nothing prevented unions from organizing the private garbage collectors.He also said council “was very aware” of the APTN report and the issues it raised. He said that was something that led to the hiring cap in the contract.“We did take a lot of heat from labour about that,” he said, noting he voted in favour of the new contractors.Mayes said the contract is valued at $25-million this year and increases by $1-million per year in each of the next three firstname.lastname@example.org read more
The existing Trans Mountain pipeline crosses a river in Chilliwack, B.C., near Cheam First Nation. Lucy Scholey/APTNAPTN NewsA national group representing Indigenous youth is calling on the Assembly of First Nations (AFN) to take a stand against the controversial Trans Mountain pipeline project.On Wednesday, just as the AFN was set to elect a national leader, 19 members of the AFN National Youth Council released a letter calling on the chiefs to support those fighting the pipeline expansion project.“We recognize the complexities and implications associated with economic security for our communities,” reads the letter. “While recognition of these imperatives is nuanced amongst First Nations young people across Canada; what remains intrinsic to all, is the shared frustration, anger, and hurt that comes along with these risks.”In the words of the letter, the youth council is also calling on the AFN to:Refocus efforts on the sacred duties of protecting our lands and waters, ensuring a future for our young ones, and respecting our teachings.Prioritize the safety and health of our young peoples, and those yet unborn, over the supposed monetary gain.Support the young peoples and the direction they want to take when looking for alternative solutions.This week, the federal government missed a deadline to find a private buyer for the Trans Mountain pipeline.By the fall, the government is expected to purchase the Burnaby-to-Edmonton pipeline for $4.5 billion. That doesn’t include the cost of twinning the pipeline to nearly triple the flow of oil to Canada’s West Coast.The expansion price tag is estimated at $7.4 billion.“As young leaders of our respective nations, we continue to witness a significant number of our young people making sacrifices across the country to honouring their sacred duties,” reads the letter. “In this dynamic and challenging political environment, we want to prevent the inevitability of harm to our young people due to the inaction of our leaders.” read more
Kent DriscollAPTN NewsFor 60 years, whenever you saw the Igloo tag on a piece of art, you knew that art was authentically Inuit.In 2017 the government gave control of the tag to the Inuit Art Foundation based in Toronto.And now one Inuit owned business is qualified to say – this art is Inuk.email@example.com@kentdriscoll
TRAVERSE CITY, Mich. – Consumers Energy will phase out electricity production from coal by 2040 to slash emissions of heat-trapping gases that cause global warming, the Michigan utility’s president and CEO told The Associated Press.The utility plans to generate 40 per cent of its power from renewable sources such as wind and solar energy by then, Patti Poppe said in an interview ahead of the public announcement Monday. She said the utility will also will rely on natural gas, hydropower and improved efficiency to meet customer needs.Consumers Energy and DTE Energy Co., which supply most of Michigan’s electricity, are among many U.S. providers moving away from coal even as President Donald Trump’s administration boosts fossil fuels and seeks to unravel former President Barack Obama’s policies that promoted cleaner power.“We believe that climate change is real and we can do our part by reducing our greenhouse gas emissions, and we also believe it doesn’t have to cost more to do it,” Poppe said. “We believe we’re going to be on the right side of history on this issue.”Coal is becoming less competitive as the cost of producing renewable energy steadily falls, she added.Environmental groups praised the move after the utility officially announced the move Monday. But they also urged the utility to make the transition from coal to renewable sources in less than 22 years.“It’s a great sign that the tide is turning,” said Kate Madigan, an energy policy specialist with the Michigan Environmental Council. “We’re looking forward to working with them and making sure they follow through on this commitment — and seeing if we can get there even faster.”Power companies are under increasing pressure to reduce emissions of carbon dioxide, which are trapping heat in the atmosphere and promoting what scientists describe as a dangerously warming climate that will endanger human health and natural systems.A 2016 state law set a renewables target for Michigan utilities of 15 per cent by 2021. Environmentalists are circulating petitions for a statewide ballot initiative that would require 30 per cent by 2030, which Consumers Energy and DTE have criticized as unnecessary.Poppe told the AP that Consumers Energy will file a plan by June with the Michigan Public Service Commission with a detailed timetable for phasing out coal and supplying its customers with power from a mix of renewable and traditional sources. Commission approval will be needed before the utility can proceed.The utility closed seven of its 12 coal-fired plants in 2016, which the company said had lowered its carbon generation by 38 per cent from 2008 levels. Its long-term strategy will yield an 80 per cent reduction in carbon emissions, Poppe said.Rapidly developing technology and falling prices are making green energy more cost-effective than it was even a decade ago, when many in the industry warned that mandating use of renewables would drive up rates. Particularly helpful are improvements of systems for storing renewable energy for use when the wind isn’t blowing or skies are cloudy, Poppe said.“We don’t have to make a sucker’s choice of either affordable prices or clean energy,” she said. “We can do what’s right for the planet and the customers we serve. We don’t think there’s a trade-off to be made here.”Consumers Energy owns two wind turbine farms and buys power from a third. It co-owns with DTE a hydroelectric plant on Lake Michigan. The utility says it is upgrading its natural gas infrastructure around the state.Along with its renewable energy plan, Consumers Energy also announced a five-year plan for reducing its environmental footprint that includes saving 1 billion gallons of water, reducing waste sent to landfills by 35 per cent and restoring or improving 5,000 acres of land.The utility says its customers include 6.7 million of Michigan’s 10 million residents.DTE last year pledged a carbon emissions cut of more than 80 per cent by 2050 by phasing out coal, boosting wind and solar energy, and building a 1,100-megawatt natural gas plant. The company described the new gas facility as essential to providing reliable and affordable power while reducing carbon emissions.Environmentalists contend DTE and Consumers Energy should make bigger commitments to renewables instead of gas.“Gas prices are unpredictable. They’re low now but there’s no certainty they will be in the long term,” said Margrethe Kearney, staff attorney with the Environmental Law and Policy Center. “There’s zero fuel costs for wind and solar.”___Follow John Flesher on Twitter at http://www.twitter.com/johnflesher___Sign up for the AP’s weekly newsletter showcasing our best reporting from the Midwest and Texas: http://apne.ws/2u1RMfv read more
TORONTO – Roots Corp. shares jumped to their highest levels since they were listed publicly last year on Wednesday, after the Canadian clothing company’s sales and adjusted earnings topped analyst estimates in its latest quarter.The shares closed at $12.60, up $1.13 or nearly 10 per cent from the previous close. Earlier, they hit an all-time high of $12.78.The Toronto-based company’s shares have seldom traded above the $12 set for its initial public offering in October.Roots announced its net income was $20.8 million or 50 cents per share for the fiscal fourth quarter ended Feb. 3, up from $17.2 million or 41 cents per share in the same quarter a last year.On an adjusted basis, Roots says it earned 59 cents per share in the quarter, up from 48 cents per share a year ago. Analysts on average had expected an adjusted profit of 53 cents per share and revenue of $124.4 million, according to Thomson Reuters.Sales for the period that includes the busy holiday shopping season totalled $130 million, up from $111.2 million in the same quarter a year earlier. Same-store sales growth was 15.1 per cent.Jim Gabel, the president and chief executive officer of Roots, said that holiday sales “were outstanding both in-store and online, driving impressive top and bottom-line growth.”He expressed confidence that Roots will be able to achieve its previously announced outlook for the end of fiscal 2019, following a multi-year transformation project that began in fiscal 2016.Roots is aiming to achieve between $410 million and $450 million in annual sales for the 2019 financial year that ends in early 2020. Its outlook also estimates between $35 million and $40 million of adjusted net income for fiscal 2019.As part of the 45-year-old company’s rejuvenation, it listed its shares on the Toronto Stock Exchange in October through an initial public offering.At the time, the IPO was considered unsuccessful as the initial stock price of $12 per share was below the original proposed range of $14 to $16 each and the stock fell on the first day of trading to close at $10.Companies in this story: (TSX:ROOT)Companies in this story: (TSX:ROOT) read more