Share to Twitter Share to Linkedin Dish Network stock has rallied by about 11% over the last five trading days and also remains up by about 6% over the last month (21 trading days). While the broader markets have rallied over the last month, there are a couple of factors that have likely helped Dish stock. Firstly, Dish’s Q2 2022 earnings were slightly better than expected although the company lost 257,000 pay-TV subscribers and about 210,000 wireless subscribers. Dish is also making progress toward launching its new nationwide wireless service, Boost Infinite, as it started accepting customer sign-ups last week, with a launch slated for Q4. This means that Dish should finally be able to better monetize its 5G network, which it has been building out for some time now. Moreover, investors have also been buying into beaten down value stocks and this has also likely helped Dish stock, which remains down by 41% year-to-date and currently trades at under 8x projected … [Read more...] about Is Dish Stock Poised To Gain After Its Earnings Beat?
The logos of Disney+, Netflix, HBOMax and CBS in this combination photo from Reuters files. REUTERS/File Photo Over an earnings period that appeared to signal the end of Netflix envy, Walt Disney Co restored hopes that growth in the streaming business will continue. But Disney, which edged past Netflix as streaming leader by global subscribers last quarter, is the outlier among its media peers. The industry-wide scramble of the last few years to copy Netflix Inc has slowed to a more deliberate pace over the last two weeks, as companies change their tune on the streaming business. Rather than placing streaming at the center of their strategy, it is now just one of several lines of business. “We effectively have four or five or six cash registers,” Warner Bros Discovery’s CEO, David Zaslav, told analysts last week. “And in a world where things are changing and there’s a lot of uncertainty … that’s a lot more stable and a lot better than having one cash register.” In recent … [Read more...] about Is Netflix envy over in Hollywood? Not quite
(Image Courtesy: Reuters) There’s no relaxing on the beach this summer for corporate acquirers -- they’ve been busy snapping up technology companies, even after a stock rally over the past two months means the sector isn’t as cheap as it was back in June. Just look at Amazon.com Inc. The retail and cloud-storage giant announced a $3.49 billion deal to buy software company 1Life Healthcare Inc. last month, and last week it said it would pay $1.65 billion for iRobot Corp., maker of the Roomba vacuum. Just 10 days into August, about $13.4 billion of tech-related mergers and acquisitions have been unveiled in North America, according to Bloomberg data, which already would make it the busiest month since May. In the largest deal, buyout firm Vista Equity Partners agreed to buy tax software provider Avalara Inc. for $8.4 billion including debt. “August has historically been a quiet month for M&A, so it is surprising to see such a flurry of deals,” said Larry Feldman, a … [Read more...] about Amazon joins deal revival spurred by lower valuation
Prashant Jain, joint managing director and chief executive officer, JSW Energy Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × The acquisition of Mytrah Energy India Pvt Ltd's renewable assets is value accretive for shareholders from day one and operating income of the asset would increase significantly post acquisition after more working capital in pumped into it, JSW Energy Ltd’s Chief Executive Officer and Joint Managing Director Prashant Jain told Moneycontrol in his first media interaction after announcing the deal. JSW Energy said earlier on August 10 that its arm JSW Neo Energy has executed a binding agreement with Mytrah Energy to acquire 1,753 megawatts (MW) of its renewable energy portfolio for an enterprise value of Rs 10,530 crore. In an interview in July, Jain had told Moneycontrol that FY23 is likely to be … [Read more...] about Mytrah Energy deal value accretive, EBITDA will improve post acquisition: JSW Energy CEO
Mediterranean Summer menu at JW Marriott Hotel Seoul in Seocho District, southern Seoul [JW MARRIOTT SEOUL] JW Marriott Hotel Seoul Through Sept. 30: The Margaux Grill at JW Marriott Hotel Seoul greets the summer holiday season with the Mediterranean Summer promotion, a menu of Mediterranean-style seafood and grilled dishes served in a stunning natural setting, fresh breezes and inspiring city views of the restaurant’s seventh-floor garden. The six-course promotion menu begins with an amuse-bouche of watermelon gazpacho, a Spanish-style cold soup of watermelon, tomato, bell peppers and olive oil, followed by a Greek salad of succulent prawns, crab, abalone and other fresh Mediterranean seafood dressed in olive oil, and a chicken velouté soup made with richly aromatic chicken stock. An entrée course of grilled blackthroat seaperch, sourced directly from Jeju Island, carefully grilled in a Spanish Josper charcoal oven, and served with Spanish-style tomato sauce, follows. … [Read more...] about 2022.8.12 Hotel Events
Bibigo's meal kit samgyetang [CJ CHEILJEDANG] There is a Korean proverb that says even a tiny grain of sticky rice on the lips feels heavy during the dog days of summer. As temperatures shoot above 30 degrees Celsius (86 degrees Fahrenheit) and the humid, steamy Korean heat begins yet again, even just stepping outside, or, yes, having a grain of rice stuck on your face, can be irksome, and many can’t help but feel the weight of the weather. For the country’s ancestors who had to endure such heat without the virtues of modern technology, they fought it off with an even hotter soup: samgyetang , otherwise called Korean chicken ginseng soup. The locals’ belief of i yeol chi yeol , or “fighting fire with fire,” is still very relevant today as samgyetang eateries in Seoul fill up even on the hottest days with people of all ages, breaking a sweat as they wolf down the chicken soup with the hope of reinvigorating themselves. A typical samgyetang dish consists of one whole … [Read more...] about Beat the heat Korean-style with a bubbling bowl of samgyetang
Share to Twitter Share to Linkedin After spending years hiding in the shadows of Charleston, Nashville, and Atlanta, the Queen City has quietly emerged as a vibrant Southern culinary destination worth paying attention to. Because so many people relocated to the area during the pandemic – making it one of the fastest-growing U.S. metropolises – the local community has never been more diverse, creative, or hungry for original, independently-owned spots to eat and drink. “As Charlotte grows, it’s entering a second renaissance where the people want to experience something unique that can only be found here,” says Kerrel Thompson, who co-owns Optimist Park’s Bird Pizzeria with his wife Nkem. “There are so many restaurants opening every week.” So below, 5 new and noteworthy restaurants and bars you can’t miss during your next visit to Charlotte. Bird Pizzeria There’s no mention of sourdough, hand-crushed San Marzanos, or wood-fired anything at Bird … [Read more...] about The 5 Best New Restaurants And Bars In Charlotte, North Carolina
Shopping carts outside a Bed Bath & Beyond store in Louisville, Kentucky, U.S., on Saturday, Jan. 2, 2021. Bed Bath & Beyond Inc. is scheduled to release earnings figures on January 7. Retail traders who lurk in forums like Reddit’s WallStreetBets are back to betting against Wall Street pros and the Federal Reserve as rallies for meme stocks like Bed Bath & Beyond Inc. and AMC Entertainment Holdings Inc. show shades of last year’s mania. The home-good retailer nearly tripled at one point during its nine-day winning streak while the movie-theater firm capped a 65% rally of its own as speculative pockets of the stock market surge. The pair have powered a basket of 37 meme stocks tracked by Bloomberg higher by 10% over the past week while the most-hated stocks tracked by a Goldman Sachs Group Inc. basket is up roughly 17% over the same period. The resurgence of more speculative areas of the market is likely fueled in part by individual traders willingness to jump … [Read more...] about Meme-stock frenzy returns, baffling Wall Street’s ‘smart guys’
Press Release ICS Creates a Significant Phenomenon on the Thon Buri Area, Collaborating with Famous Brand Partners – Lotus, Hilton Garden Inn and Innovative Health and Lifestyle Center – to Empower the Potential of Prime Location Connecting ICONSIAM to be an Impeccable City. New mixed-use lifestyle town, inclusive of retail, office tower and hotel Reinforcing the No. 1 prime location of the Thon Buri side with transportation networks of roads, rails, and boats Introducing more than 200 famous brands, ready to expand the customer base to cover all target groups Set to open by the end of 2022 Bangkok (10 August 2022) – ICS, a new mixed-use lifestyle town of the Thon Buri area under a joint venture between a retail operator and a property developer “Siam Piwat, Magnolia and CP,” creates a significant phenomenon in the Thon Buri area with a concept of “Always A Good Day”. It collaborates with famous brand partners: Lotus’s with a new concept of … [Read more...] about ICS creates a significant phenomenon on the Thon Buri area, collaborating with famous brand partners
Share to Twitter Share to Linkedin QuidelOrtho stock (NASDAQ NDAQ : QDEL), a manufacturer of diagnostic healthcare products, including the Covid-19 test, reported its Q2 results last week, with revenue and earnings falling below the street estimates. QDEL stock fell around 11% in a week, while it’s down 15% in a month. The company reported revenue of $613 million (up 246% y-o-y) and EPS of $2.34 (up 284% y-o-y) in Q2, compared to the consensus estimates of $768 million and $2.68, respectively. The significant y-o-y top and bottom line growth can be attributed to its merger with Ortho Clinical Diagnostics in May 2022. QuidelOrtho’s management has guided for the full year 2022 revenue (constant currency) to be between $3.8 and $3.9 billion and earnings to be between $11.80 and $12.75 on a per share and adjusted basis. Now that QDEL stock has seen a fall of 15% in a month, will it continue its downward trajectory, or is a rise imminent? Going by … [Read more...] about Down 15% In A Month, Will QuidelOrtho Stock Rebound?