PHOTOS: Colorado Avalanche vs. St. Louis Blues, Game 1, May 17, 2021 – The Denver Post

Opinion: NCAA shameful in not taking stand against states with anti-transgender laws

Should anyone come across a spine, or a conscience, please alert the NCAA. It is in sore need of both.

Not even a month after its Board of Governors came to the defense of transgender athletes and put the states who target them on notice, the NCAA caved to the bigotry. By selecting three states that recently legalized discrimination against transgender athletes as hosts for the postseason softball tournament, the NCAA told an already marginalized group of young men and women just how little their lives and self-worth mean.

Worse, NCAA president Mark Emmert and his cadre of toadies don’t even have the guts to defend their decision, declining repeated requests for comment from The Associated Press and not bothering to respond to USA TODAY Sports.

“The NCAA's lack of action in remaining silent as these bills were being discussed was a passive offense to transgender student-athletes, but this is an actual attack,” triathlete and transgender advocate Chris Mosier said Monday on Twitter.

“The NCAA is saying, clearly, 'We do not care about our transgender student-athletes.' "

Kosovo police seize record cocaine shipment, arrest 7

PRISTINA, Kosovo — Kosovo police seized a record 400 kilograms (880 pounds) of cocaine that originated in Brazil, and arrested seven people suspected of drug trafficking offenses, authorities said Tuesday.

In a joint operation with Albanian and Italian police on Monday, officers raided a truck transporting imported meat from Brazil that had passed previously through Italian and Albanian ports, a Kosovo police statement said.

The cocaine, which was valued at 20 million euros ($24 million), was found among the meat packages of a truck stopping in Lipjan town, close to the capital Pristina. Police said that it was a record cocaine seizure for Kosovo.

Police also seized pistols, ammunition and other evidence when searching the homes of the seven people who were arrested.

Police said the investigation was ongoing. Kosovo is a drug transshipment point toward Western European countries.

Ossen Innovation FY Profit Edges Down

Ossen Innovation Co., Ltd. (OSN) reported that its net income was $12.0 million for the year ended December 31, 2020, compared to $12.2 million last year.

Net income attributable to the company was $11.08 million, compared to $11.09 million in the previous year. Earnings per ADS were $1.68 unchanged from last year.

Annual revenues decreased by $0.3 million, or 0.2%, to $138.6 million from last year’s $138.9 million. The decrease in revenues during the year ended December 31, 2020 was mainly attributable to the decrease in sales of rare earth coated PC wires and PC strands, plain surface products and other products, partially offset by the increase in zinc coated PC wires and PC strands.

Stock Alert: SM Energy Shares Hit 52-Week High

Shares of SM Energy Co. (SM) reached a 52-week high of $20.35 Tuesday morning, and are currently trading at $20.03, up $1.73 or 9.39%, with trading volume of over 2.79 million versus an average volume of 4.20 million shares.

The company, on April 29, reported a Q1 net loss of $251.3 million or $2.19 per share, compared to a loss of $411.9 million or $3.64 per share last year.

First-quarter adjusted net loss was $5.7 million or $0.05 per share, compared to adjusted net loss of $5.6 million or $0.05 per share last year.

Operating revenues and other income rose to $443.8 million from $355.7 million last year.

Analysts polled by Thomson Reuters expected a loss of $0.23 per share and revenues of $348.88 million. Analysts’ estimates typically exclude special items.

Cathie Wood’s ARK Invest Sells Over 180,000 Shares of Apple

One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold nearly 190,000 shares of Apple Inc. (NASDAQ: AAPL) on Monday, as the share price of this fund traded down less than 1% in Monday’s session. The ETF is up a fair amount in the past year.

ARK Fintech Innovation ETF (NYSEARCA: ARKF) sold 188,455 shares of Apple. At Monday’s closing price, this would have valued this sale at roughly $23.8 million. This is only a small fraction of the total holdings. This fund is up about 77% over the past 52 weeks.

Check out all of ARK Invest’s sales on Monday.

24/7 Wall St. recently reported on Apple:

The big news expected from Apple … this week is the introduction of new, lossless and high-resolution Apple Music tiers. In the context of music streaming, lossless/hi-res means that music files are not compressed at the time of recording or playback, or, if they are, the compression scheme does not lose any information. It’s complicated.

Apple’s announcement is rumored to be set for Tuesday. The company is calling the new lossless/high-res services HiFi. A new, third-generation of AirPods may be announced at the same time, although many Apple watchers expect the new AirPods to come later. An intrepid designer has even located a new logo for the service.

Catherine Wood, the CEO and CIO of ARK Investment Management LLC, is a minority and nonvoting shareholder of 24/7 Wall St., owner of 247wallst.com.

PHOTOS: Colorado Avalanche vs. St. Louis Blues, Game 1, May 17, 2021 – The Denver Post

The Colorado Avalanche hosted the St. Louis Blues in Game 1 of their first-round series of the Stanley Cup Playoffs on May 17, 2021 at Ball Arena in Denver. The Avs won 4-1 to take a 1-0 lead in the series.

Read the full game story.