Great Lakes Dredge & Dock Corp
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Industrials : Construction & Engineering | Small Cap Blend
Company profile

Great Lakes Dredge & Dock Corporation is a provider of dredging services. The Company provides dredging services in the East and Gulf Coasts of the United States and around the world. Its dredging generally involves the enhancement or preservation of the navigability of waterways or the protection of shorelines through the removal or replenishment of soil, sand or rock. Domestically, its work generally is performed in coastal waterways and deep-water ports. Its United States dredging market consists of four primary types of work: capital, coastal protection, maintenance and rivers and lakes. It operates three principal types of dredging equipment: hopper dredges, hydraulic dredges and mechanical dredges. Its domestic dredging fleet is positioned on the East and Gulf Coasts, with a smaller number of vessels positioned on the West Coast, and with many of the rivers and lakes dredges on inland rivers and lakes.

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0.43 (4.43%)
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Today's volume of 278,533 shares is on pace to be much lighter than GLDD's 10-day average volume of 627,751 shares.


Atari turns 50, and the godfather of video games talks about how to change the world

7:53 am ET June 28, 2022 (MarketWatch)

By Wallace Witkowski

Nolan Bushnell brings Schopenhauer into it and says the only way to win is to own your own game

That's Atari founder and mass-market video game creator Nolan Bushnell's advice to the current chief executive of Atari SA Wade Rosen.

The two sat down to chat on the 50th anniversary of Atari, to talk about the early days of the video game pioneer, and of the iconic presence that the company and its logo created.

Iconic enough, in fact, for an anniversary reissuance called Atari: Recharged, on Microsoft's (MSFT) Xbox, Sony's PlayStation, and Nintendo's Switch.

"I think we stood for innovation. And also we were the genesis story. So, you always have a hallowed position when you're the first," Bushnell said to Rosen, recalling the writings of the German philosopher considered by many as the "artists' philosopher" in the observation of an irrational world.

Read: Life isn't a game, but it is game-like--and playing video games can make you smarter about money

"We had no money, no factories, no market presence, the only thing we had was creativity," he said.

Before June 27, 1972, the company was named Syzygy Engineering. Bushnell and partner Ted Dabney developed and released "Computer Space" in 1971, which was considered to be the first cabinet-based video arcade game. The game, however, stood out as an imposing oddity in arcades back then among the pinball machines, mechanical shooting and driving games, and air hockey tables.

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It wasn't until Atari released the extremely simple to understand "Pong" in 1972, in which players competed in an almost computer version of air hockey, that electronic gaming had its mainstream launch. That was followed by home versions from Atari and other manufacturers, creating the home game console market, which Atari came to dominate for several years with its iconic Atari 2600 console.

In the video arcades, Atari ran into serious competition from the Japanese company Taito Corp., when Taito released the wildly-popular "Space Invaders" in 1978. Atari fired back, with the vector-graphics video game "Asteroids" in 1979.

Perhaps more important, Atari had a pop-culture appeal that Taito didn't, as evidenced in the futuristic product placements in movies like "Blade Runner," "Blade Runner 2049," and "Ready Player One."

Read: Think twice before you trade in your old smartphone or game console -- you could make more money 'upcycling' on resale sites

Also, before Atari became iconic, Bushnell and Dabny's "Computer Space" even made a cameo appearance in the 1973 dystopic thriller "Soylent Green" as a rich person's toy in a world suffering from ecological collapse, extreme poverty, and food shortages set in -- no kidding -- 2022.

-Wallace Witkowski


(END) Dow Jones Newswires

June 28, 2022 07:53 ET (11:53 GMT)

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