Forecasting

Pacific Islanders have long drawn wisdom from the Earth, the sky and the waves. Research shows the science is behind them

Retrieved on: 
Wednesday, March 13, 2024

One man mentioned a black-winged storm bird known as “manumanunicagi” that glides above the land only when a cyclone is forming out to sea.

Key Points: 
  • One man mentioned a black-winged storm bird known as “manumanunicagi” that glides above the land only when a cyclone is forming out to sea.
  • As the conversation continued, residents named at least 11 bird species, the odd behaviour of which signalled imminent changes in the weather.
  • We reviewed evidence on traditional knowledge in the Pacific for coping with climate change, and found much of it was scientifically plausible.

A proven, robust system

  • People have inhabited the Pacific Islands for 3,000  years or more and have experienced many climate-driven challenges to their livelihoods and survival.
  • They have coped not by luck but by design – through robust systems of traditional knowledge built by diverse groups of people over time.
  • Traditional knowledge in the Pacific explains the causes and manifestations of natural phenomena, and identifies the best ways to respond.

Reading the ocean and sky

  • In Vanuatu’s Torres Islands, 13 phrases exist to describe the state of the tide, including anomalies that herald uncommon events.
  • Distant storms can drive ocean swells onto coasts long before the winds and rain arrive, changing the usual patterns of waves.
  • Winds that blow from the east (matā ‘upolu) indicate the imminent arrival of heavy rain, possibly a tropical cyclone.
  • Many Pacific Island communities believe a cloudless, dark blue sky signals the arrival of a tropical cyclone.

The wisdom of animals and plants

  • In Tonga, when the frigate bird flies across the land – unusual behaviour for an ocean species – it signals a tropical cyclone is developing.
  • Another study, which included data on frigate birds in the Pacific, found seabirds appeared to circumvent cyclones, probably by sensing wind strength and direction.
  • Traditional knowledge about insect behaviour in the Pacific Islands is also used to predict wet weather.
  • Across the Pacific, common signs of impending wet weather are found in the behaviours of some plants.
  • This can be explained scientifically by a process in which plant leaves close to protect their reproductive organs from extreme weather.

Planning for a warmer future

  • This is true of the Pacific Islands, where in some places, traditional knowledge is all but forgotten.
  • As climate change impacts worsen, optimal planning for island peoples should combine both approaches.


Patrick D. Nunn receives funding from the Department of Foreign Affairs and Trade (DFAT) via the Australia Pacific Climate Partnership (APCP), the Australian Research Council, and the Asia-Pacific Network for Global Change Research. Roselyn Kumar receives funding from the Department of Foreign Affairs and Trade (DFAT) via the Australia Pacific Climate Partnership (APCP)

Halfords Group PLC: Trading Update: Financial Year 2024

Retrieved on: 
Wednesday, March 13, 2024

Halfords Group plc (“Halfords” or the “Group”), the UK’s leading provider of Motoring and Cycling services and products, today issues the following trading update.

Key Points: 
  • Halfords Group plc (“Halfords” or the “Group”), the UK’s leading provider of Motoring and Cycling services and products, today issues the following trading update.
  • At our Q3 trading update on 25 January 2024 we indicated that we expected Underlying Profit Before Tax1 (“PBT”) for the 52-week period ending 29 March 2024 to be between £48m and £53m, assuming markets did not weaken further in Q4.
  • Since that update, we have seen a further material weakening in three of our four core markets (i.e.
  • Cycling, Retail Motoring and Consumer Tyres), resulting in a significant drop in like-for-like (“LFL”) revenue growth in our Retail business.

EQS-News: AUSTRIAN POST 2023 Results: Increase in 2023 revenue and earnings driven by strong parcel growth and improvement in bank99

Retrieved on: 
Wednesday, March 13, 2024

The Parcel & Logistics Division recorded strong revenue growth of 16.6 % in 2023 with its Turkish business.

Key Points: 
  • The Parcel & Logistics Division recorded strong revenue growth of 16.6 % in 2023 with its Turkish business.
  • The Retail & Bank Division achieved a 6.1 % share of Group revenue in the 2023 financial year with revenue of EUR 168.6m.
  • Revenue in the Parcel & Logistics Division rose by 16.6 % to EUR 1,416.5m in the 2023 financial year.
  • The Austrian parcel business (Parcel Austria) saw revenue increase by 10.9 % to EUR 806.4m in the reporting period.

HKTDC Hong Kong International Diamond, Gem and Pearl Show opens at AsiaWorld-Expo today

Retrieved on: 
Tuesday, February 27, 2024

The Hong Kong International Jewellery Show will launch on Thursday, co-creating a splendid legacy

Key Points: 
  • The Hong Kong International Jewellery Show will launch on Thursday, co-creating a splendid legacy
    HONG KONG, Feb 27, 2024 - (ACN Newswire) - The 10th Hong Kong International Diamond, Gem and Pearl Show, organised by the Hong Kong Trade Development Council (HKTDC), opened today, showcasing a wide range of diamonds, gemstones and pearls - raw materials for jewellers.
  • The 40th Hong Kong International Jewellery Show, dedicated to finished jewellery, will be held at the Hong Kong Convention and Exhibition Centre from Thursday onwards.
  • More than 60% of the exhibitors came from outside Hong Kong, which signifies the high international profile of the two fairs."
  • Winston Chow, Chairman, HKTDC's Jewellery Advisory Committee, said: "We are delighted that the Hong Kong International Diamond, Gem & Pearl Show is returning to AsiaWorld-Expo for its 10th edition this year.

Clarus Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, March 7, 2024

SALT LAKE CITY, March 07, 2024 (GLOBE NEWSWIRE) -- Clarus Corporation (NASDAQ: CLAR) (“Clarus” and/or the “Company”), a global company focused on the outdoor enthusiast markets, reported financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Selling, general and administrative expenses in the fourth quarter were $30.7 million compared to $29.9 million in the same year‐ago quarter.
  • Capital expenditures in the fourth quarter of 2023 were $1.2 million compared to $2.0 million in the prior year quarter.
  • Free cash flow for the fourth quarter of 2023 was $13.3 million compared to $30.3 million in the prior year quarter.
  • The Company will hold a conference call today at 5:00 p.m. Eastern time to discuss its fourth quarter 2023 results.

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against BioNTech SE (BNTX)

Retrieved on: 
Thursday, March 7, 2024

On this news, BioNTech’s stock price fell $13.81, or 7.5%, to close at $169.30 per share on August 8, 2022, thereby injuring investors.

Key Points: 
  • On this news, BioNTech’s stock price fell $13.81, or 7.5%, to close at $169.30 per share on August 8, 2022, thereby injuring investors.
  • On this news, BioNTech’s stock price fell $4.60, or 3.6%, to close at $123.60 per share on March 27, 2023.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
  • Glancy Prongay & Murray LLP, Los Angeles

Werewolf Therapeutics Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Business Update

Retrieved on: 
Thursday, March 7, 2024

WATERTOWN, Mass., March 07, 2024 (GLOBE NEWSWIRE) -- Werewolf Therapeutics, Inc. (the “Company” or “Werewolf”) (Nasdaq: HOWL), an innovative biopharmaceutical company pioneering the development of conditionally activated therapeutics engineered to stimulate the body’s immune system for the treatment of cancer, today provided a business update and reported financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • “Werewolf made considerable progress in 2023, setting up 2024 as a year of execution across our pipeline,” said Daniel J. Hicklin, Ph.D., President and Chief Executive Officer of Werewolf.
  • Financial Results for the Fourth Quarter and Full Year 2023:
    Cash position: As of December 31, 2023, cash and cash equivalents were $134.3 million, compared to $129.3 million as of December 31, 2022.
  • Net loss: Net loss was $12.0 million for the fourth quarter of 2023, compared to $11.9 million for the same period in 2022.
  • Net loss was $37.4 million for the full year 2023, compared to $53.8 million for the full year 2022.

Phathom Pharmaceuticals Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Business Update

Retrieved on: 
Thursday, March 7, 2024

Net loss: Net loss for the fourth quarter 2023 was $79.6 million, compared to $55.0 million for fourth quarter 2022.

Key Points: 
  • Net loss: Net loss for the fourth quarter 2023 was $79.6 million, compared to $55.0 million for fourth quarter 2022.
  • Fourth quarter 2023 net loss included a non-cash charge related to stock-based compensation of $24.6 million compared to $6.7 million for fourth quarter 2022.
  • Phathom will host a conference call and webcast to discuss its fourth quarter and full year 2023 financial results and business highlights today, March 7, 2024, at 8:30 a.m.
  • Phathom believes the presentation of these non-GAAP financial measures provides useful information to management and investors regarding Phathom's results of operations.

Victoria’s Secret & Co. Reports Fourth Quarter 2023 Results

Retrieved on: 
Wednesday, March 6, 2024

REYNOLDSBURG, Ohio, March 06, 2024 (GLOBE NEWSWIRE) -- Victoria’s Secret & Co. (“Victoria’s Secret” or the “Company”) (NYSE: VSCO) today reported 2023 financial results for the fourth quarter and fiscal year ended February 3, 2024.

Key Points: 
  • REYNOLDSBURG, Ohio, March 06, 2024 (GLOBE NEWSWIRE) -- Victoria’s Secret & Co. (“Victoria’s Secret” or the “Company”) (NYSE: VSCO) today reported 2023 financial results for the fourth quarter and fiscal year ended February 3, 2024.
  • This result compares to net income of $173 million, or $2.10 per diluted share for the 13-week fourth quarter of 2022.
  • Fourth quarter 2023 operating income was $258 million compared to operating income of $243 million in the fourth quarter of 2022.
  • Fourth quarter 2022 adjusted net income was $203 million, or $2.47 per diluted share, and adjusted operating income was $280 million.

MariMed Reports Fourth Quarter and Full Year 2023 Earnings

Retrieved on: 
Wednesday, March 6, 2024

MariMed management will host a conference call on Thursday, March 7, 2024 at 8:00 a.m. Eastern time, to discuss these results.

Key Points: 
  • MariMed management will host a conference call on Thursday, March 7, 2024 at 8:00 a.m. Eastern time, to discuss these results.
  • The conference call may be accessed through MariMed’s Investor Relations website, or by clicking the following link: MRMD Q432 Earnings Call .
  • November 20: The Company announced a $58.7 million debt refinancing, lowering the Company's weighted average cost of debt to an industry low 8%.
  • Upon MCA approval of the license transfer, MariMed will apply for an adult-use dispensary license to commence recreational dispensary sales.