President Casino Macau Review - OneTime.nl

[Business] - Has President Xi finally set Macau on the path to shedding its reliance on casinos and becoming a financial hub?

[Business] - Has President Xi finally set Macau on the path to shedding its reliance on casinos and becoming a financial hub? submitted by AutoNewsAdmin to SCMPauto [link] [comments]

[Business] - Has President Xi finally set Macau on the path to shedding its reliance on casinos and becoming a financial hub? | South China Morning Post

[Business] - Has President Xi finally set Macau on the path to shedding its reliance on casinos and becoming a financial hub? | South China Morning Post submitted by AutoNewspaperAdmin to AutoNewspaper [link] [comments]

@Reuters: EXCLUSIVE: Chinese President Xi Jinping is set to announce policies to diversify Macau’s casino-dependent economy, in a move seen as a reward for having avoided the anti-government protests that have gripped Hong Kong https://t.co/2A98SO9Wee by @farahmaster @QiZHAI https://t.co/oJGlIlZAfY

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[Business] - Macau casino heiress Pansy Ho’s wild past firmly behind her as she presides over multibillion empire from The Peak | South China Morning Post

[Business] - Macau casino heiress Pansy Ho’s wild past firmly behind her as she presides over multibillion empire from The Peak | South China Morning Post submitted by AutoNewspaperAdmin to AutoNewspaper [link] [comments]

[Business] - Macau casino heiress Pansy Ho’s wild past firmly behind her as she presides over multibillion empire from The Peak

[Business] - Macau casino heiress Pansy Ho’s wild past firmly behind her as she presides over multibillion empire from The Peak submitted by AutoNewsAdmin to SCMPauto [link] [comments]

Sheldon Adelson's Las Vegas Sands in talks to sell Vegas Strip properties

This is the best tl;dr I could make, original reduced by 66%. (I'm a bot)
LAS VEGAS - Las Vegas Sands Corp. is considering selling its two hotel-casinos on The Strip, the company confirmed to the Reno Gazette Journal Monday.
News of the potential sale comes at a time when Las Vegas Strip properties are struggling to attract visitors due to COVID-19 travel fallout.
Las Vegas Sands Corp last week reported a third-quarter loss of $565 million, after reporting a profit in the same quarter last year.
Following Bloomberg's report, the company's stock jumped more than 3%.'We're in a world of hurt'The disappearance of conventions in the wake of COVID-19 contributed to a second quarter loss of almost $1 billion for Las Vegas Sands.
"Las Vegas cannot perform without return of these segments," said Las Vegas Sands President and COO Rob Goldstein in a July earnings call.
His Las Vegas Sands Corp. is one of the largest casino and resort companies in the world with the Venetian and Palazzo resorts on the Strip and lucrative casinos in Macau.
Summary Source | FAQ | Feedback | Top keywords: LAS#1 VEGAS#2 Sands#3 company#4 billion#5
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NAT, DHT and MGM DD

As requested, I will provide DD for NAT, DHT Holdings and MGM based on votes from my previous thread. I'll start with the tankers. (Let me note that I do not expect the general market trend to be positive for the next few weeks)

Preface: Positive Virus news is generally bad for Tanker company share prices.
NAT
Current share price: $6.12
EPS Q1 2019: $0.04
EPS Q1 2020 Estimate: $0.26
Earnings: 5/18 (Per NAT website, Thanks u/Nice_Block)
NAT operates Suezmax size tankers, the next step down from VLCC, and daily prices for Suezmax's are considerably less than VLCC. Current spot price is up 141% at $3.92 bpd from March of 2019 to March of 2020. I think that this earnings estimate is roughly accurate, but suezmax vessels have more room for positive price movement as more and more storage is filled to capacity. Suezmax ships allow producers more maneuverability and fluidity to store their oil, as such, turnover rates are higher than VLCC vessels.
Revenues at current prices indicate an earnings estimate closer to $0.36. This is the high end of earnings estimates. Additionally, demand for oil consumption is not likely to improve soon. If anything, a slow reopening of states without ports will not affect tanker company bottom lines and will extend the operating duration of oil producers in the permian. Keep in mind, if oil consumption does not increase, wells will either shut down, or more likely, prices will go negative again. This may have some effect on spot price for tanker transports. That said, spot prices are not likely to diminish significantly in the near future.
As a bonus, NAT recently (like yesterdayish) approved a buyback program to take advantage of increased revenues. This is the best news for NAT holders at this time. Their true intentions will be reflected in the earnings call.
Price Target: $8 in the short term. If quarantine continues through June with no oil production cuts, I would expect at $10+ is possible, but unlikely.
Historical action levels: https://imgur.com/a/dzsAZop
One week chart showing some consolidation for a potential breakout: https://imgur.com/a/10DZWE7
Note - I suggested this as a bullish play last weekend, and as such my $8 price target was hit on Tuesday. This ship may have already sailed. Pun intended. I would find another trade.
Recommendation: If you are dead set on an NAT play, shares at a reduced price through earnings, or options with expiry longer than 45 days out purchased next week.

DHT Holdings
Current share price: 7.10
EPS Q1 2019: $0.13
EPS Q1 2020 Estimate: $0.57
Earnings: 5/5
DHT operates operates exclusively VLCC tankers, of which the majority are on spot price rental. Current spot price for VLCC tankers up to 180k/day, up from an average of 19k/day this time last year. This is an over 9x increase. NAT is also currently operating more tankers on spot price rental, increasing volume under spot price contract over last year. They currently have 23 of 27 operating on spot pricing.
Historical action levels: https://imgur.com/a/X3W3kD4
One week chart showing downward channel (Im not sure this trend is completed yet) before potential breakout: https://imgur.com/a/CYCaYcv
Recommendation: I think the resistance levels for DHT are more relevant than those of NAT, and are also more realistic to be beaten. Calls mid week for EOW earnings at least 2 weeks out. General market sentiment is important for this trade.

MGM
Current share price: 15.01
Summary of MGM's plans to reopen casinos: https://www.usatoday.com/story/travel/destinations/2020/04/30/mgm-plans-reopen-las-vegas-bellagio-new-york-new-york/3061417001/
I would expect the mayor of Las Vegas to attempt to reopen the tourism to the city along with President Trump's guidance. If they are able, they will reopen soon. They likely will not have large scale shows or concert events to draw in customers, but gambling will be open to some extent. I do not expect casinos to see a large influx of patrons, and this will end up being a net negative for them in the coming months as their expenses will increase more than revenues. They may even potentially have to re-close if Covid testing reveals an uptick in cases in the Las Vegas area. That said, their saving grace is Macau, where a significantly large portion of their income is generated. China expects tourism to Macau to increase, but I would take that with a grain of salt.
Given MGM's recent meteoric rise to nearly $18 per share, I think they fall into the sentiment of the rest of the market and will suffer in the coming month. I expect the share price will visit mid-april prices of $13, or potentially lower following a general trend with SPY. Luckily, If you see these prices, I consider MGM a very long term and stable play. They have enough cash on hand to last an entire year with no revenue; a situation that is uncommon at this time. In general, event or discretionary based spending, hospitality and travel will be the last to recover, but this is a commonly assessed sentiment.
Historical action levels: MGM was not surprisingly rejected by the historical support level of $17.50 this week https://imgur.com/a/aoRNvk8
5 day chart does not provide any major price movement indication.
Recommendation: Sell shares, do nothing until share prices revisit mid-April levels.

As always, feel free to comment and tell me why I'm wrong.
EDIT - I accidentally switched which size tanker each company uses, it has been corrected - Shoutout u/kindlyblacksmith
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morning coffee

Eyes On Stimulus Developments Again
Investors are still largely focused on new twists and turns with stimulus efforts in the U.S. Last night, President Donald Trump said talks had resumed on an aid package for the struggling U.S. economy, while House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin are expected to talk once again. Global stock markets have started the day off with a dose of optimism. The Shanghai Composite Index rose 1.7% following a strong read on services activity in China and the SZSE Component Index was up 3.0%, while Hong Kong's Hang Seng fell back 0.3% and Japan's Nikkei slipped 0.1%. European stocks are largely higher despite sluggish PMI data, with the Stoxx 600 Index gaining 0.2%. France's CAC 40 and the U.K.'s FTSE 100 are both in positive territory in mid-day action. Meanwhile, U.S. stock futures are setting up for a positive open, with S&P 500 futures up 0.4% and Dow Jones futures 0.3% higher. Crude oil stays on track for big week
Oil (CL1:COM) is poised for its biggest weekly gain since May, even though prices have tracked back just a bit. Operators in the Gulf of Mexico have closed off about 92% of production ahead of Hurricane Delta as the storm barrels toward Louisiana. Yesterday, OPEC forecast global oil demand will keep rising until around 2040, when it will plateau at about 109.3M bbl/day, or about 10% above the level of production in 2019. Later today, traders will get their hand on the latest Baker Hughes U.S. oil rig count report. In early action, WTI crude oil futures -0.8% to $40.86/bbl and Brent crude -0.3% to $43.20/bbl.
AMD seeking to buy Xilinx in latest big semiconductor tie-up
Advanced Micro Devices (NASDAQ:AMD) is in advanced talks to buy rival chip maker Xilinx (NASDAQ:XLNX) in a deal that could be valued at more than $30B, WSJ reports. Earlier talks are said to have stalled before recently restarting, and the latest deal under discussion could come together as soon as next week, according to the report. A deal for Xilinx would raise AMD to a more even competitive footing with Intel (NASDAQ:INTC) and give it a bigger position in the growing telecom and defense markets.
Golden Week traffic in Macau disappoints
Traffic in Macau fell 85.7% during Golden Week to come in well short of most expectations within the industry. Of the 139,280 visitors to enter during the holiday week, 97,126 came via the Gongbei Border Gate, 4,190 by ferry and 7,149 by plane. JPMorgan reset expectations on a Macau recovery after the Golden Week disappointment. "Choppy demand and dwindling hope of 'return to normalcy in 2021' make us acknowledge the sector's risk-reward isn't as attractive as we had envisioned, despite seemingly undemanding valuation (on 2022, not 2021)," updated the firm. Earlier this week, the Macau sector received some good news when Bernstein Research predicted that all six casino operators will retain their licenses, although the government is likely to impose additional economic conditions. The firm doesn't think the current tensions between Washington and Beijing will prevent U.S. operators from staying in Macau.
Nikola talks up hydrogen potential
Nikola (NASDAQ:NKLA) showed off its prototypes to the hydrogen industry yesterday at an event that also covered the company's patents and strategy to be a technology integrator. The presentation coincided with National Hydrogen and Fuel Cell Day 2020. Nikola noted it has developed core IP related to, among other things, vehicle integration and hydrogen storage and fueling, and continues to work with its world-class partners to develop next-generation standard fueling hardware and advance hydrogen fuel cell-based transportation. "Nikola is creating an ecosystem that integrates next-generation truck technology, hydrogen fueling infrastructure and maintenance. By removing commercial trucks from the carbon equation, Nikola is fulfilling our mission of leaving the world a better place," said CEO Mark Russell. Shares of Nikola are up 2% premarket
Takeda in group trial for COVID-19 hyperimmune convalescent plasma treatment
Japan's Takeda (NYSE:TAK) is part of a group of companies testing an experimental COVID-19 convalescent plasma treatment, derived from those having recovered from the disease. The "hyperimmune" drug combines antibodies from multiple recovered patients, vs. typical convalescent treatments derived from single patients. Takeda, Emergent BioSolutions (NYSE:EBS), CSL Behring (OTCPK:CSLLY) and Grifols (NASDAQ:GRFS) are gathering antibodies in the government trial, funded by the National Institute of Allergy and Infectious Diseases; it could be completed by year-end.
DOJ eyes cryptocurrency threats
The Department of Justice said in a new report that law enforcement is hampered by the global nature of digital coins and the lack of consistent regulation across regions. Cryptocurrencies in general are called detrimental to the safety and stability of the international financial system due to the opportunities for rogue nations, criminals and terrorists to skirt reporting requirements. "Current terrorist use of cryptocurrency may represent the first raindrops of an oncoming storm of expanded use,” stated Attorney General William Barr's Cyber-Digital Task Force. The task force warned that cryptocurrencies provide bad actors with the means to earn illegal profits and become a threat to national security. The DOJ's larger goal with the report is to lay out a framework for cryptocurrency enforcement.
China Services PMI runs hot
China September Caixin Services PMI came in at 54.8 to top both the consensus mark of 54.3 and the 54.0 reading for August. Services PMI has now increased for five straight months, and the latest rate of expansion was among the highest recorded over the past decade. Growth was supported by a marked rise in total new business, though new export work continued to decline. A sustained rise in overall client demand led firms to expand their payrolls for the second month in a row amid increased capacity pressures. Companies also retained a positive outlook regarding activity over the year ahead, with business confidence improving since August.
Chinese funds targeting Ant IPO draw $9B from millions of retail investors
Five Chinese funds targeting the upcoming mega-IPO of Ant Group (NYSE:BABA) sold out in days, having cumulatively raised about 60B yuan - or about $8.93B - from more than 10M retail investors. The funds launched Sept. 25 to raise 12B yuan each and invest up to 10% of assets to buy shares in the Ant IPO, aiming to raise about $35B in a Hong Kong/Shanghai dual listing and value the company at more than $250B. Two of the funds hit their target even before a week-long holiday that started Oct. 1; Ant's Alipay says today the other three sold out as well.
What else is happening...
LSE (OTCPK:LDNXF, OTCPK:LNSTY) to sell Borsa Italiana to Euronext (OTCPK:EUXTF) for €4.3B. NXP Semiconductors (NASDAQ:NXPI) shoots to 52-week high after strong preliminary Q3 numbers. GameStop (NYSE:GME) soars after Microsoft (NASDAQ:MSFT) development. Disney (NYSE:DIS) moves 'Soul' to streaming, in theaters' latest loss.
Today's Markets
In Asia, Japan -0.1%. Hong Kong -0.3%. China +1.7%. India +0.8%. In Europe, at midday, London +0.7%. Paris +0.4%. Frankfurt -0.05%. Futures at 6:20, Dow +0.4%. S&P +0.4%. Nasdaq +0.3%. Crude -0.8% to $40.86. Gold +1.2% to $1918.70. Bitcoin +2.9% to $10890. Ten-year Treasury Yield -2 bps to 0.765%
Today's Economic Calendar
9:00 Fed's Barkin: “Community Conversation: Resiliency of the Economy” 10:00 Wholesale Inventories (Preliminary) 1:00 PM Baker-Hughes Rig Count
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All of Bolsonaro's Men - An Explanation on how Brazil's Current Politics and why a Cabinet Meeting is now on Youtube (Part 3)

This is the final part explaining Bolsonaro's April 22nd cabinet meeting. At the end there are some final remarks, and in the comments my sources.
Braga Netto introduces Abraham Weintraub, Minister of Education
Note: Weintraub currently is being sued for a racist tweet that implied China created Covid
Weintraub: [...] I don't want to be a slave in this country. And end with this crap that is Brasília. This is a cancer of corruption, of privilege. [...] The people here lose perception, empathy, public relations. [...] We are losing the fight for liberty. This is what the people is calling for. They are not calling for more State, for more projects, to have more ... the people are calling for liberty, full stop.
Note: This right now is one of the most controversial moments of the meeting, with the Supreme Court taking legal action on what he says right now
Weintraub: In my opinion, I'd arrest all those lazy bums. Starting with the Supreme Court. [...] I notice there's many people with a personal agenda. [...] I have a bunch of lawsuits in the ethics committee of the presidency. I'm the only one here that took a lawsuit. [...] I'm really here with an open chest, as you know it, I get shot ... hate ... hate the Communist Party [Redacted]
They are trying to turn us into a colony. [...] We need to end this thing of people and privileges. [...]
Bolsonaro: Let me complement this. What Weintraub is saying - I'm 65 - we get close to people we shouldn't. I have to police myself in regards to that. It's people here in Brasília, of the three powers, that don't know what's the people. I talk to a few, don't know what's rice and beans, don't know what's a supermarket. Forgot. Think that money falls from the sky. "I have my guaranteed privileges, my 100k per month" on average, 100k per month they earn, right? Legally. And think this will never end. Like some think the liberty "What's the deal with that guy, is he crazy?" I see the oldest one here, General Heleno here. He knows what is six, what was sixty four. Many of the ones here don't know. The people that tried to get into power in sixty four, if they had arrived, we were all fucked here. Cutting ... super happy if we were cutting sugarcane earning twenty USD per month. Can't forget that
Note: reference to how it is claimed that the military did the coup in 64 to prevent a socialist revolution
Bolsonaro: We can't forget who this people is. I'll invite the ministers to go on Sunday visit Ceilândia and Taguatinga. (Two local neighbourhoods). It's an invitation, not a ... not a mission no. Invitation. To see how the guy in the corner is doing. So that some piece of shit comes up and says, right? Same pieces of shit as always "Ah but the guy broke isolation. You're giving a terrible example" Ok ... Bad example is my dick, fuck! Worst is to starve! You're in shit, fuck! Feel how the people smell, like I said, there. It's an experience for every politician to feel! Go there and see how it is. Or there's people that is, like it was, right, huh? A general in the rear letting the troops get fucked in front. No! The General is, is in the front, the colonel is in the front, the captain is in the front. Our heroes of WW2 had ahead of them a battlefield. If it was needed, I'm sure, our armed forces will do their job, but, right? We have to give an example and show what Brazil isn't - I'm less rude than Weintraub, improved a lot, right? In the language he used - but that's not what people say around. Meeting around midnight, here and there. Informations systems, mine works.
Bolsonaro: My particular one works. The ofi ... which have officially, misinform. And back to the theme, I prefer not to have information than to be misinformed by the system of informations that I have. So, people, many will be able to leave Brazil, but I don't want to leave and see my sister form Eldorado, another from Cajati, my poor brother Army captain from ... from ... from ... from Miracatu getting fucked, fuck! It's being pursued all day long! And then the shit Folha de São Paulo, says my brother was kicked from a slaughterhouse, buying meat without a mask. Proved in writing, he was in São Paulo that day. The owner of ... of restaurant of ... of ... of ... of the slaughterhouse said he wasn't there. And that's it. I know it's his problem, right? But the bullshit is the whole time to hit me, messing with my family. I already tried to change the staff of our security in Rio, officially, and wasn't able to! And this ended. I'm not going to wait to fuck my entire family, of bullshit, or friends of mine, because I couldn't switch someone from our frontline security in our structure. It'll switch! If I can't switch, I'll switch his boss! Can't switch his boss? Switch the minister! Full stop! We're not joking here
(note): the minister and one of the bosses mentioned here are Ramagem and Moro
Bolsonaro: And then some kid shows up, with - all due respect - the one from BNDES, ok? I met him when he wore shorts, and ... Fuck, he came from the United States over here, could very well be there. Came here to try to change Brazil invited by Paulo Guedes, who is a friend of his parents. Coincidence, isn't it Paulo Guedes?
Bolsonaro: I don't think so. .. I don't remember your parents, I remember you, fuck! All right? But it's someone I'm investing here. And all of those have to think about this.
What these sons of bitches want, huh Weintraub, is our freedom. Look, how it is, how easy it is to impose a dictatorship in Brazil. How easy it is. Everybody is home. This is why I want, the Justice and Defense Ministries, let the people be armed! It's the guarantee that some son of a bitch won't show up to impose a dictatorship here! How easy it is to impose a dictatorship! Ridiculously easy! Some bullshit mayor makes some bullshit decree, handcuffs, keeps everybody home. If they were armed, they would go to the street. If I was dictator, right? I'd want to disarm the population, like they did in the past when they wanted, before imposed their respective dictatorship. Then, what's our demonstration, I ask Fernando (Minister of Defense) and Moro that please, sign in the Executive Order today and I want to give a bitch of a note to these pieces of shit! Because why am I arming the people? Because I don't want a dictatorship! There's no way to hold back! Right? No way to hold back.
Yeah, who won't accept my flags Damares: "family, God, Brazil, guns, freedom of speech, free market". Who won't accept this is in the wrong government. Wait until twenty two, right? Your Álvaro Dias. Wait for Alckmin. Wait for Haddad. Or maybe Lula, right? Go be happy with them, fuck? In my government it's wrong! It's make the armament question obvious here. I want everybody armed! The armed people will never be enslaved. And that each one does, does your job. Expose yourself. Here I already said: you'll lose the ministry if you get spoken positively by Folha or by Globo! By Antagonista! Right? So there are some blogs there that only have good news from the ministers. No idea how! The president ... takes a beating, but the minister is congratulated. And then we see around. "Ah, the government is, the ... the ministry is doing well, although the president." Go fuck yourself, fuck! I picked the team, fuck! We switched five. Hope I won't have to switch anybody else! I hope! But we have to, in Weintraub's line, in a more gentle way, right? It's ... caring about this. What the guys want is our hemorrhoid! It's out liberty! This is a truth. What these guys did with the virus, this piece of shit governor of São Paulo (João Dória), this shit from Rio de Janeiro (Wilson Witzel), amongst others is exactly that. Made use of the virus, there's a piece of shit mayor in Manaus now, opening mass graves. A piece of shit. Who doesn't know his history, try to learn, which I met inside the House, with him next to me! Right? And we know the ... his ideology and what he preaches. And what he always was. It's what ... he's making use now, of a climate like this, to bring terror to Brazil. Right? So people, please, care about was important with everybody's life, what is your liberty. An arrested man is worth shit.
(note: the mayor of Manaus, Artur Virgílio Neto is the son of Artur Virgílio, a Congressman who was exiled and stripped of his position after the military shutdown the Congress under accusations of being communist)
Braga Netto introduces Paulo Guedes
Guedes begins by presenting a more moderate stance. Saying that although they are breaking of from the establishment, they need to work together to pass the reforms. He then mentions a conversation that he had with the G20 Ministers of Economy and the BRICS. Also mentions the pension reform and how it passed in contrast to France. "Now, the same thing, I've been saying: we are deepening the reforms, we are continuing, we are following". Followed up by saying how he doesn't believe in dogmas, how Brazil was heading in a strong direction, but suddenly crashed. Brazil was one of the first countries to prepare to alleviate the crisis financially, and in his opinion, it's only worse than the United States because Powell and the Fed put out money to help keep markets afloat. Also of note is that part of the economic recovery plan involves unconventional methods, like allowing taxes to be paid later while moving forward government benefit payouts, as they were limited by the constitution. It's been planned to cost around three hundred and something billion, last deficit under Temer was around one hundred sixty. These plans reach seventy million Brazilians. "We made a banking committee, we are there with Montezano now doing exactly the restructuring. There won't be easy work for airlines, none of this. We are putting in money, and it's going to work using the best financial technology available. We are putting in money, and it's going to work and we are going to turn a profit. We are going to turn a profit using public resources to save large companies. Now, we are going to lose money saving small companies. Guedes insists the necessity to continue with the reforms mid pandemic, using the bailouts to reform the economy. "A Marshall Plan per year". Insists on lowering interest rates, and blocking government raises for two years. In his own words, you can't impeach if you're going by the book. "And the president is in the future, because the president said the following: ok, there's the first wave, which is health, but there's the second one that's the economy, and one follows the other. We are still trying to leave the first ... and the second is trying to arrive. I still think we are preserving the vitals of the Brazilian economy". He mentions how the economy will likely be held by the expected large soy production and new logistic projects. A mention of China is also present, as for every USD exported to the US, Brazil exports three to China. Mourão and Guedes talk about this, but it is redacted. In Guedes' words, "We are going to sell our soy to them This we can sell as much as we want. They have to eat, they have to eat. India also needs to eat, they'll need water. They'll say it's the best water trade. Strangely, it's also suggested to have a mobilization of the Young Apprentices Program working with the military, as they could be paid with government spending. He criticizes Damares for being against casinos, mentioning Macau. In his own words "the president speaks about liberty. Let everybody get fucked the way they wan't. Especially if he's overage, vaccinated, and a billionaire. Let him get fucked, fuck!" Also mentioned is a meeting with the US Ambassador, who says there is a few hundred billion dollars earmarked for investments in Brazil, but dependent on a good business environment. "Simplified taxation, juridical safety". He also recommends signing the General Purchase Agreement, and joining into the OECD to allow for more government transparency, allowing for improved trade. Bolsonaro then says he has Trump's support. Guedes disagrees "we can't lose the opportunity of having the president being this friendly with Trump".
Tereza Cristina (Agriculture) speaks briefly about how countries are shifting to have government stocks of food post COVID. Currently Brazil is not self sufficient in wheat production, most of it is imported from neighbouring Argentina. Of course, funding is an issue, but there is two million acres set aside in the Matopiba region ready to invest in. 9% interest rates are an issue according to her.
Bolsonaro asks if the Banco do Brasil (another one of Brazilian Government Banks) can help
Guedes intervenes "Banco do Brasil is neither an armadillo or a snake. It's neither private or public. If you pressure Rubem (head of the bank), poor him. He's super liberal, but if you pressure him and he says "lower the rates", he goes "I can't or else the team, the private, my minoritaires, pressure me". Then if you say "put interest rates high", he goes "I can't or else the government pressures me". Banco do Brasil is a ready case to privatize. It's a ready case and we aren't doing this step. Have you sir noticed that the BNDE and the ... the ... the Caixa which are our, public, we do what we want. Banco de Brasil we can't do anything and we have a liberal there. So we need to sell this shit fast.
Bolsonaro makes a quip about Rubem not being invited to the next meeting. Rubem explains how even in the changing situation Banco do Brasil has expanded loans, and the bank doesn't have liquidity issues. At the same time, the bank handles the payments for public companies and the military, which are more stable than private companies. Guedes makes a joke about him to "confess his dream". In Rubem's own words "In regard to privatizing, it's clear that with BNDES taking care of development and Caixa with the social needs, Banco do Brasil would be ready for a privatization program, right?" It is then highlighted that Banco do Brasil has some clear advantages, which would have to be sorted out by the public status. Judicial deposits and government payments would usually be handled by either Banco do Brasil or Caixa, now it's a public competition. The bank is no longer competitive in these sectors. "Then you only keep the bad sides of being a government company. We don't have the same ease in hiring, we don't have the same ease in firing bad employees and ... and ... and ... so forth". He follows with a few closing statements, about how he has to present all documents to the government comptrollers, and Covid perspectives.
Braga Netto closes off the meeting.
A few takeaways
While the meeting was to debate the Pró-Brasil recovery plan, it ended up being more focused on Bolsonaro's gripes with his ministers.
Bolsonaro has strengthened himself in this, as it shows he's still going strong in his position. This is both in the campaign promises and the way he has been underplaying Covid. What he says in the video is suspect, but is nothing that can be used as clearcut evidence in an impeachment trial. The Supreme Court has also subpoenaed his phone, but still has not reported on anything.
Moro is likely the biggest loser in this. While there is evidence Bolsonaro changed command of the Federal Police for political reasons, there is still a degree of reasonable doubt. This meeting was not the silver bullet he expected. Within the Brazilian right wing, he's now seen as a traitor to a degree. Populism is a hell of a drug.
Salles is one of the losers. Supporting the using the Covid news cycle to roll back environmental regulations is not a good look, especially when you're the first one to talk. There is now a movement to impeach him.
Damares is another loser with this. Threatening to arrest governors due to human right violations was a bad move. Luckily, her ministry has little to no legal strength, and thus, is mostly an empty threat.
Guedes on the other hand, has returned confidence to investors. While Brazil may have no clear plan to deal with Covid medically, it has a plan to deal with it economically. At the same time, there's the favorite word of a Brazilian investors - privatizing. The BOVESPA index has shot up from around 82000 points on Friday to 85400 by Tuesday's close.
Weintraub now has a bad look. From having to deal with a racism case, he know is having to explain his threats against the Supreme Court. Outside of Bolsonaro's circle there is now pressure for him to resign or be sacked.
Another loser, out from left field has been Bolsonaro's head of security, General Heleno. After reading the news of Bolsonaro's phone subpoena, he has stated there will be "severe implications for Brazil's democratic institutions" if Bolsonaro's phone is analyzed. Many have considered this to be an overt coup threat. He is now facing possible impeachment.
Teich, which resigned after the meeting has gone through relatively unscathed. With a simple, stump speech on how Brazil can only leave the distancing after it has the virus under control and how testing must be expanded. Of note is mentioning how a plan to ease restrictions is being created. Given how there has been an expanded focus on creating medical capacity instead of waiting for the virus, it is likely that restrictions would be modified to a looser system, closer to that of Sweden.
submitted by vhgomes12 to neoliberal [link] [comments]

Macao says 29 of 41 casinos will reopen today, 12 to stay shut. ~1,800 gaming tables to be back in operation.

Macau’s gaming industry will reopen its doors tonight after its 15-day shutdown by the government as part of the authorities’ fight against the novel coronavirus (COVID-19).
According to an announcement by the Novel Coronavirus Response and Coordination Centre during its daily press conference about the viral threat, 29 of the city’s 41 casinos will reopen at midnight (00:00 on Thursday).
Officials said the remaining 12 casinos had asked the government to reopen later. The government earlier this week gave Macau’s six casino operators (Sands, Galaxy, SJM, Wynn, MGM and Melco) 30 days to get back into business.
According to the press conference, the 12 casinos that will remain closed until further notice comprise Sands Cotai Central; Melco’s Altira; Galaxy’s Waldo, Rio and President; and SJM’s Oceanus, Eastern, Macau Jockey Club (a casino adjacent to the Macau Jockey Club racecourse in Taipa), Golden Dragon and Casino Taipa, as well as Macau Palace and Greek Mythology (both have not been operating for a number of years).
MGM and Wynn each own two casinos. The four casinos will open tonight.
The casinos were temporarily closed by government order on February 5.
The relaunch will be gradual, as initially less than one-third of the casino employees will return to work.
Gaming Inspection and Coordination Bureau (DICJ) Director Paulo Martins Chan pointed out during the press conference that initially only about one-third of the six operators’ gaming tables will be operational, about 1,800 in total.
The government has imposed a string of restrictions on casino operations, such as that only three to four gamblers will be allowed to gamble at the same time on a gaming table, and gamblers must remain seated.
All casino workers and gamblers must wear facemasks, have their body temperature checked and submit a self-filled health e-declaration when entering gaming premises.
In the past, several dozen gamblers often crowded around a particularly “lucky” gaming table and many preferred not to be seated while placing their bets.
Among the 12 casinos not opening tonight are two SJM-owned casinos – Macau Palace and Greek Mythology – that have not been operating for a few years.
At the end of last year, the gaming industry comprised 6,739 gaming tables and 17,009 slot machines. It employed 57,840 people, around 44 percent of them dealers (croupiers), according to data from the Statistics and Census Bureau (DSEC).
In 2019, Macau’s gaming and betting businesses generated gross gaming receipts of MOP 293 billion (US$36.6 billion), according to DICJ figures. Direct gaming taxes – 35 percent of the casinos’ gross gaming receipts – generated 86 percent of the government’s income in the first 11 months of last year, according to data from the Financial Services Bureau (DSF).
The Macau Jockey Club has been allowed to resume racing.
Meanwhile, the government also announced during today’s press conference that Macau’s public parks and gardens will reopen tomorrow after a 15-day shutdown.
Secretary for Social Affairs and Culture Elsie Ao Ieong U pointed out that Macau has not confirmed a new COVID-19 case since February 4.
The 10 novel coronavirus cases confirmed locally comprise seven tourists from Wuhan, the epicentre of the COVID-19 outbreak, and three local residents.
The sixth novel coronavirus patients was discharged from hospital today.
The government today also announced stricter border control measures to prevent COVID-19 from spreading in Macau.
For instance, Macau residents who cross the city’s border checkpoints three times or more a day will have to submit themselves to a medical examination.
The new border control measures take effect at 00:00 tomorrow (Thursday).
Source
submitted by koolman631 to Coronavirus [link] [comments]

10 Predictions, posting it here and will go back to this post 2 years after

  1. A big Liberal Party figure will announce he has cancer (hopefully not die from it) on or before the 2022 elections.
  2. PH islands will be rented to China. China is inevitable.
  3. There will be dozens of new casinos built in different provinces in PH in the next few years. All of the current admin's airport and seaport project is to help the hotel and casino industry. PH will be the new Macau.
  4. There's still a big chance that Sara Duterte will run for President on 2022. Possible running mate is Mark Villar, who will fund a big part of the campaign.
  5. Mark Villar is silently raking achievements as DPWH secretary which he'll use in the campaign for 2022. Avoiding attention for now to not repeat his father's mistake in his presidential bid.
  6. LP is done. Politicians will continue to avoid the yellow brand especially on 2022.
  7. Bongbong Marcos will lose the VP electoral protest due to bad luck.
  8. Japan will continue helping PH especially in the energy and infra sector. Jobs in this sector, plus H&S, will increase as well.
  9. House Speaker Cayetano will be jailed.
  10. Cardo Dalisay will run for president in Probinsyano.
submitted by dandans0y to Philippines [link] [comments]

Las Vegas Sands Macau Money Laundering USD$1 trillion a year!!!!

The US casino operators (Las Vegas Sands, Wynn, MGM), use 'junket' companies (essentially triad/mafia) to launder corrupt Chinese politicians cash out of China. They set up rooms above the casino floor (think Tony Soprano running an illegal poker game) for the 'junket' companies to use. The casino operators take 3% (baccarat house edge) of the laundered money = USD$30bn a year in Macau gaming revenue. Once it is out of China it is in the international financial system as gambling 'winnings' = money laundered
The President of the United States gave Sheldon Adelson's (Las Vegas Sands) wife the Presidential Medal of Freedom!!!!
LateStageCapitalism????
submitted by cringeworthy_io to LateStageCapitalism [link] [comments]

Stay warm, here’s some coffee.

18th December 2019
Good morning fellow traders, good luck today, stay warm.

DOW

JPMorgan Chase & Co. (JPM) received regulatory approval from China to set up a majority owned securities venture in the country, which will include a brokerage, investment advisory, underwriting and sponsorship.
Merck & Co. (MRK) announced the FDA’s Oncologic Drugs Advisory Committee voted 9-4 in favour of recommending Keytruda, for the treatment of patients with high-risk, non-muscle invasive bladder cancer.

NASDAQ 100

Activision Blizzard (ATVI) announced it is putting the release of its Warcraft III: Reforged, to January 28th 2020, despite aiming to release the game prior to year-end as they feel little more time is needed to maintain its high quality standards.
Amazon.com Inc. (AMZN) has paid some of its suppliers up to 25% more for the goods it resells to offset US President Trump’s tariffs on Chinese products, according to Business Insider. Elsewhere, it announced a free return on millions of items, for items such as electronics, household items, pet supplies kitchen appliances and more.
Illumina Inc (ILMN) has had its USD 1.2bln deal to acquire Pacific Biosciences of California (PACB) challenged by the FTC, alleging ILMN is aiming to unlawfully maintain a monopoly in the US. Market for next-gen DNA sequencing systems, by eliminating PACB as a threat.
Nvidia Corporation (NVDA) has partnered with Tencent (700 HK) to launch a cloud gaming service in China.
Tesla (TSLA) are reportedly considering reducing prices of its Model 3 sedans in China by 20% or more in 2020, according to people familiar with the matter.

S & P 500

Altria Group Inc (MO) – A study released suggests that the nicotine formula used by JUUL Labs is almost identical to the flavour and addictive profile of the tobacco company’s Marlboro cigarette.
Boston Properties (BXP) increased its quarterly dividend to USD 0.98/share from USD 0.95/share.
CIGNA Corp. (CI) is to sell one of its units that sells non-medical insurance products to employers for USD 6.3bln to New York Life Insurance Co. Cigna also announced a USD 4bln share repurchase programme.
Cintas Corp (CTAS) Q2 (USD): EPS 2.27 (exp. 2.03), Revenue 1.84bln (exp. 1.82bln); raised its FY20 EPS forecast to 8.65-8.97 (exp. 8.61, prev. 8.47-8.57).
Devon Energy (DVN) announced a new USD 1bln share repurchase programme.
Dish Network (DISH) co-founder Ergen appealed to testify in support of the T-Mobile (TMUS) and Sprint (S) deal, stating he has letters from three banks prepared to offer USD 10bln to fund the company’s new wireless network.
E-Trade (ETFC) has announced an online-trade clearance automation, an industry first which allows administrators to enter, view and edit trade clearance instructions online for their participants, which includes trade windows, number and type of shares, time frame, and other grant specific information.
FedEx Corporation (FDX) Q4 19 (USD): Adj. EPS 2.51 (exp. 2.84), Revenue 17.3bln (exp. 17.69bln), FY20 EPS view cut to 9.10-10.35 (adj. now seen between 10.25-11.50). Says quarterly results declined due to weak global economic conditions, higher ground costs, loss of business from a large customer. Later timing of Thanksgiving resulted in shifting of cyber week into December, which negatively impacted the results. Sees FDX ground operating margins to rebound. Morgan Stanley note the poor FedEx earnings holds a negative read to its competitor, United Parcel Service (UPS)
General Electric (GE) healthcare unit has issued a recall for its Giraffe Incubator, OmniBed, and Care stations at the request of the FDA, who state the bedside panels can be upright and look closed but not be securely latched.
General Mills (GIS) Q4 19 (USD): EPS 0.95 (exp. 0.88), Revenue 4.42bln (exp. 4.43bln). Pet food sales +16% at its Blue Buffalo unit (exp. 15%), backs FY20 Adj. EPS forecast of 3-5% growth and revenue growth of 1-2%.
Leidos (LDOS) announced it is to acquire Dynetics, a privately owned company who is an industry-leading applied research and national security solutions company, for a cash value of USD 1.65bln.
Eli Lilly & Co. (LLY) announced the launch of its long term, real-world evidence study of Emgality, labelled TRIUMPH, to evaluate the drug in comparison to other migraine treatments.
Twitter, Inc. (TWTR) had its PT cut by Citibank to USD 36 from USD 45 over concerns on the near-term revenue outlook, adding ongoing issued with its promotion for the mobile app could hit the company’s revenues.
ViacomCBS (VIAC) CBS unit is being sued by a Female 60-minutes producer for discrimination, as she claims she was side-lined after reporting her boss texted her an inappropriate photo. (NY Times)
Wynn Resorts Ltd (WYNN) has extended its CEO contract for Matt Maddox through to 2022.

OTHER

Allegheny Tech (ATI) announced Don P. Newman will join the co. as Senior VP and CFO, succeeding Pat DeCourcy, who will remain as SVP and Special Advisor to CEO until March 31st. Newman has more than 30 years of corporate finance and accounting leadership experience at high-growth businesses in a variety of industries, including metals and materials, energy, software, and drilling services. (Street Insider)
Fiat Chrysler (FCAU) has signed a binding merger agreement with Peugeot (UG FP) owner PSA for a 50/50 deal, which creates the 4th largest automaker by volume and 3rd largest in revenue, valued at USD 50bln. FCAU agrees to distribute a special dividend of EUR 5.5bln to its shareholders. The CEO of FCAU, Mike Manley, will remain as part of the group, although it is unclear in what position.
Lionsgate (LGF.A) announced a strategic alliance with Bharti Airtel and Starzplay to provide premium content from Lionsgate Play to customers in India.
Pacific Gas & Electric (PCG) submitted a comprehensive, multi-party settlement agreement to the California Public Utilities Commission, aka CPUC, in relation to the wildfires in 2017-18 striking a USD 1.78bln settlement, although it bans recovering money from customers and was accepted by a US bankruptcy judge.
Voya Financial (VOYA) announced it has entered into an agreement to sell its Individual Life and other legacy non-retirement annuities businesses to Resolution Life Group Holdings. Voya forecasts a normalised adj. operating EPS to reach 1.80-1.90 quarterly by the end of 2021 and estimates it will provide roughly USD 1.7bln of deployable capital
Of note for Casino/gaming names (LVS, MGM, MLCO, WYNN), PBoC announced it will raise the remittance limit on individuals transfer of money from Macau to mainland Chinese accounts to CNY 80,000 per day from CNY 50,000.
submitted by WSBConsensus to wallstreetbets [link] [comments]

[META] The Portugal of 1980 (LORE)

FINAL MAP

This post essentially builds off TheIpleJonesion’s fantastic lore, explaining the situation which Portugal and her former territories find themselves in during the early 1980s. It is broken down along geographic lines.

The Metropolitan (Continental Portugal and the Outer Island Provinces of the Azores, Madeira, Cabo Verde and São Tomé & Príncipe):

With the removal of the Salazar regime in 1954, Portugal transitioned into a military-dominated presidential republic. Liberal market reforms made by the democratically-elected Fraternity Party saw an end to state interventionism in the Portuguese economy and a move away from corporatist macroeconomic organisation towards capitalistic free-market economics. This transformed the predominately-agricultural Portuguese economy into an industrial powerhouse, as factories popped up across the continental provinces in what is now jokingly referred to as the ‘Portuguese Industrial Revolution’. As Portugal modernised its economy, it attained a developmental trajectory similar to that of the Asian Tigers IOTL. This was only helped by the extremely cheap importation of primary resources from Portugal’s former colonies in Africa, and the discount export markets which the escudo africano monetary area had established in these nations. Portugal’s economic ascension was accompanied by huge progress in the fields of education and infrastructure, as bridges and roads were constructed and continental illiteracy abolished.
Owing to its pro-business sympathies and dubious ties to the economic elite, the Fraternity Party ensured that no anti-trust measures were implemented as part of its economic reform strategy, allowing the influential ‘40 Families’ of Portugal’s south to expand their dominion over those sectors of the Portuguese economy that were privatised during the post-Salazar liberalisation. The result was an economic model that verged on plutocracy, as the anti-communist military conspired with powerful businessmen and corrupt Fraternity Party politicians to maintain the upper class’ hold on power. This alliance of convenience continued up until the late seventies when a cadre of disillusioned, left-leaning junior military officers led a mass of young conscripts to seize power in the infamous 1976 Carnation Revolution. The Revolution, which in many ways resembled the anti-Salazar coup 22 years prior, saw the passage of new anti-trust and anti-corruption laws after the democratically-socialist Movement for Democratic Unity’s (MDU) victory in the junta-supervised elections of 1977. Though the Revolution would establish a fairer two-party democratic system in which the Conservative Party (the successor to the Fraternity Party) would compete with the MDU in free elections, it also confirmed for a second time the military’s position as a powerful force in Portuguese politics. As such, despite the removal of plutocracy and the reinstatement of fair elections, the Portugal of the 1980s remains a “flawed democracy” according to most outside observer assessments.
Though this chaos certainly had a negative impact on Portuguese standards of living, the nation remains a dynamic economic force in Europe and an over-achiever when it comes to developmental outcomes. As the 1980s continue on, Portugal is beginning its transition away from heavy industry towards a stronger services sector while it signs special trade agreements with its partners in the European Common Market and continues to pursue close economic ties with its former colonies of Guinea and Angola. From the sparkling beaches of São Tomé & Príncipe to the luscious fields of northern Portugal and the windswept hills of the Azores, there is no doubt that the Republic has become quite the enterprising nation.

The Outer Metropolitan (Portuguese India, Macau and Timor-Leste):

Portuguese India:
Had the Indian subcontinent not fractured so easily in the late 1950s, it is difficult to see how Portugal would have been able to maintain any sort of presence in the territories of Goa, Daman, Diu, Dadra and Nagar-Haveli. The defeat of Indian forces in the Kashmir Conflict and the successful declaration of Dravidian independence after a bloody insurgency, however, created an opportunity for Portuguese policymakers. Years of economic development across Portuguese India and a deliberate policy of promoting an independent Portuguese-Indian identity strengthened Portugal’s claim to these territories, while deals signed with the US establishing an American naval base at Nova Goa and US protection over Portuguese India provided a strong deterrent. These gains were then solidified by deals with the Dravidian and Indian governments, which saw Portuguese sovereignty confirmed over Goa, Daman and Diu in return for Portugal ceding Dadra, Pani-Cola and Nagar-Haveli back to India, as well as the lending of strong military support to the Dravidians. Though there remains significant agitation across Portuguese India (now referred to as the Goa, Daman & Diu Province), Portuguese sovereignty over these increasingly productive and idyllic territories appears secure for the foreseeable future. What’s more, it is now not uncommon to see ethnic Indians roaming the streets of Continental Portugal as fully-fledged citizens. The long-desired union of Portugal to the Subcontinent finally appears complete.
Macau:
Macau is seen in the eyes of most as the crown jewel of Portugal’s Asian provinces. She is home to some of the most important banks in Asia and competes with Shanghai for the status of the financial capital of China. Not only that, but Macau competes with Bali, Jeju, Tokyo and Beijing for the most popular tourist destination in the Asian region, already being the destination of choice for the rich and famous, who flock to her many bars, casinos, prestigious restaurants and world-class designer fashion houses. The Macau of the 1980s is covered in stunning skyscrapers and jaw-dropping urban greenery. Indeed, the city boasts a population of nearly a million, with land reclamation projects having allowed for a vast expansion of the province’s urban domain. The city’s population includes tens of thousands of ethnic Portuguese residents, just as hundreds of thousands of ethnic Chiese now live in continental Portugal, being the second-largest ethnic minority community behind African migrants from Guinea, Mozambique and Angola, but ahead of Indian migrants from Goa.
At any rate, just as Macau has in many ways become the financial and touristic centre of Asia, it has also become a centre for intrigue. The unsuccessful Chinese attempt to seize Macau by force in 1969, for example, only saw a further upgrade of the province’s military defences, with the permanent deployment of an extra submarine to Macau Habour alongside thousands of additional troops and another fighter squadron. Meanwhile, the ‘Bloody Game’ that started in the late 1950s between Portuguese and Chinese spies, local casino syndicates, corrupt local politicians and the four main triad groups continues to this day, with the southern portions of Macau city being known for violent crime and a dirty underworld. Indeed, it appears that the province is as vice-ridden as it is glamorous.
Timor:
A series of bilateral agreements in the 1950s saw Timor-Leste recognised as integral Portuguese territory by the Indonesians, just as the peninsula came under separate US/Australian/SEATO military protection, thus securing Portuguese rule over the territory indefinitely. Despite this, prohibitive travel times and ticket costs kept Timor physically isolated from the rest of the Portuguese Republic until the mid-1960s, when she suddenly gained access to far more state support as the African colonies achieved independence and international travel became easier. The Timor of the 1980s remains a quiet corner of the Portuguese world, although it has grown increasingly successful as a tourist and natural resource hub.

The former African colonies (Guinea, Angola, Cabinda and Mozambique):

Guinea:
Having achieved her independence in 1965, the Guinean Republic maintained a slow but steady trajectory of economic development under close Portuguese supervision. Indeed, the nation remained remarkably stable throughout her first decades of independence, developing a fully-fledged democratic system over time which afforded it one of the highest standards of living among the continent’s independent states. Portugal’s close geographic proximity to Guinea, coupled with its near-identical struggle for democratic governance, has rendered the two nations close allies. Guinea remains the first port of call for Portuguese firms looking to establish a presence in Africa, with the nation functioning as the flagship model for Portuguese-African influence under the Silvestre Doctrine.
Angola (and Cabinda):
Though the Silvestre Doctrine had originally intended for the agricultural Ovimbundu people of Angola’s central plateau to dominate the Federal Angolan Republic post-independence (in a close alliance with the Portuguese), the unexpected strength of the rival Kimbundu people saw the two ethnic groups clash in a violent struggle for political power that lasted between 1964 and 1967. With Portuguese assets sustaining increasing damage during the bloody affair, Lisboa turned to its Kikongo allies in Angola’s north for assistance. United by its staunchly pro-Portuguese and anti-Communist leader from the nearby Ngbandi people of the then Belgian Congo, Mobutu Sese Seko, a powerful Kikongo army marched south and captured Luanda from the leftist Kimbundu militias. This placed Angola under the rule of Portugal’s Kikongo allies, who then turned to the Ovimbundu for additional political support, as well as the ethnic Portuguese and minority tribes of Angola’s south. Seko now rules Angola with an iron fist, using Portugal, the Ovimbundu, Portuguese-Angolans and the minority tribes to maintain power. His ties to Portuguese commercial interests have proven an immense asset for the Portuguese economy, which sees its manufacturing sector and domestic consumption fueled by cheap primary resource imports from Angola.
Using his ethnic ties to the north, Seko became a major player in the war for Congolese independence, leveraging this assistance to become the political kingmaker in the newly-independent Republic of Zaire. This has resulted in Zaire effectively becoming a joint Luso-Angolan puppet state, with its government ministries littered with Portuguese and Angolan advisors, and the nation having joined the escudo africano monetary zone.
Moreover, though it voted for independence in 1960, the Cabindan Republic was quickly subsumed into the Federal Angolan Republic as one of the conditions for an alliance between Seko’s Kikongo faction and the Portuguese. As a result, Luso-Angolan influence now runs from Luanda, past Zaire, into Cabinda and beyond towards the Republic of the Congo, making Angola one of the most powerful forces in the new Africa.
Mozambique:
The post-independence climate in the Mozambican Republic of 1965 resembled that of Angola at first. Rival ethnic groups clashed for power as election after election failed to yield clear results and cultural entities with little in common began to embrace armed struggle instead of the ballot. Unlike in Angola, however, Portugal was unable to salvage the situation and was forced to withdraw from the chaotic banana republic. Those ethnic Portuguese who had for centuries called Mozambique home largely fled to southern Angola or accepted government offers for free land in São Tomé & Príncipe, as Tanzanian-Arabian-backed Islamic militias fought for control in the north, and the African nationalist factions from the Shona tribes clashed with the leftist Shangaan in the south. Eventually, the Shona managed to secure national control, establishing a pan-African state under the dictatorial rule of Gondo Matombo. Without the support of sympathetic regimes in Rhodesia, Moscow or Beijing, the Free Nation of Mozambique is an isolated state. It maintains rivalries with Tanzania (as a result of Dodoma’s support for Salafist rebels in the north), North Rhodesia and Nyasaland (after the preceding Shangaan regime seized the Likoma and Chizumulu islands in 1966), South Africa and Rhodesia (for Mozambique’s support of radical pan-African insurgent groups) and Seko’s Angola (which obviously opposes the Matombo regime on ideological grounds). President Matombo’s chaotic economic policies have driven away foreign investors, while Mozambican civilians are organised en masse into autonomous units of the “African People’s Defence Militia” to defend against “Islamic subjugation, Boer segregation, Portuguese neocolonisation and the enslavement of the African people”. Sadly, it seems Mozambique’s violent decline managed only to produce the very worst kind of basket case dictatorship.
A huge thanks to guyfromvault11 for being an amazing teammate, to the mods for a season well-run, and to all the other players for making this such an engaging season. I can’t wait for the next one!
submitted by hughmcf to ColdWarPowers [link] [comments]

MGM Resorts Insider Purchasing ($18.5M Purchase by a Director)

MGM Resorts Insider Purchasing ($18.5M Purchase by a Director)
Hey all,
We have seen quite a slowdown in unusual insider purchasing activity over the last week, but today we will take a look at MGM Resorts.
If you aren’t subscribed, be sure to subscribe and check out some of our other posts!

MGM Resorts International ($MGM) - Insider Purchases

From Yahoo Finance:
MGM Resorts International, through its subsidiaries, owns and operates integrated casino, hotel, and entertainment resorts in the United States and Macau.
As to be expected, MGM was demolished during the market crash falling from ~$33 at the start of 2020 to a low of $7.14 on 3/18 (a 78% decline). They have since recovered to a closing price of $15.00 on April 8th, but clearly have a long way to go to get back to their stock price from the beginning of the year.
https://preview.redd.it/72cfa6k303s41.png?width=1456&format=png&auto=webp&s=866f6aee3d0e037b185c92d759352cd2320faed1
The recent Form 4 activity shows some insider purchasing activity, including a huge $18.5M purchase by Corvex Management (through Keith Meister, who is a director for MGM).
The CEO and CFO were the only executives that made purchases, and they weren’t particularly large, but we do see that a couple of Directors made very sizeable stock purchases.
\Note, Keith Meister made the $18.5M purchase on behalf of Corvex Management. Also, these “Total Shares” numbers represent the total shares in the “account” they are making the purchase for. Most of these are in their “direct account” (if the stock type is “common”, then it is in their “direct account), but they could also have trusts or accounts for family members that aren’t included.**
https://preview.redd.it/tmcj5m3503s41.png?width=1456&format=png&auto=webp&s=30769bcbcb3028d03b2415146bd5ca3d92ae8282
The individual Form 4s show that none of the purchasing activity was part of any previously arranged plan.
https://preview.redd.it/8se2h3s603s41.png?width=1456&format=png&auto=webp&s=0d638719c6d9f3958bbba27541ea9c4b0ae53c8b
MGM recently put out a Proxy Statement and verified that they have ownership guidelines requiring their CEO to own 5x his salary in stock, the other executives to own 2x, and the Directors to own 5x their cash retainer. We aren’t going to list out all of the requirements here because they announced that as of December 31, 2019, all executives and directors owned the amount required (except for their new President of Commercial & Growth who is on track to meet his requirement).
We didn’t see many executives making purchases over the last few weeks and it is possible the CEO and CFO were just making purchases to help ensure they are over their ownership requirement guidelines by the end of the year, but we also saw some very large purchases by Directors that may indicate that MGM is a company worth looking into. After falling almost 80%, they definitely have a lot of room to recover if they can make it out of this downturn in good shape.
If you found this info useful, please make sure you are subscribed and share it with someone else who may find it useful!
submitted by Connorvo to u/Connorvo [link] [comments]

007 The Series

007 The Series

https://preview.redd.it/tgy96ehit1551.png?width=2000&format=png&auto=webp&s=caa70278d3528a5f651c4f29e9bcf1a398eda9a4
Brief Synopsis:
MI6 agent, James Bond, earns his 00 agent license to kill and becomes the infamous 007.
Intention:
Create a streamlined episodic presentation of the Daniel Craig 007 era films. Each film will be broken up into 40-45 minute episodes with a focus on the espionage action.
Release Info:
Available Now
6mbps 5.1 MP4 files

https://reddit.com/link/fg97sw/video/luxuc9qnt1551/player
-------------------------------
Episode 001 – Ellipsis +Warning +FE Netflix bumper Cold intro of Bond earning his 00 license (removed fade in, now hard open) +Created background and mask to remove the barrel effect when Bond shoots the informant -Cut to black removing the Casino Royale intro/song (this is my favorite Bond song and one of my favorite rock songs, but in this format it just doesn’t fit) +Inserted first 20 seconds of the Quantum of Solace intro/song and added episode title card Open on boy running through the camp -Trimmed the over the top parkour scenes, now Bond is just chasing him on foot through the vegetation, worksite and road -Trimmed a little bit of M going off -Trimmed Bond & Solange to just focus on moving the narrative and plot forward -Trimmed M’s agitated cursing at Bond when he calls at the airport, is transfered to her then hangs up. The majority of her character is just bickering and I wanted to make her more than a disgruntled head of MI6. Hopefully it helps her natural transformation into the more supportive sympathetic role she will take in the third episode. -Cut Bond falling off the truck and then chasing it down and jumping back on. Now he never falls off Episode ends with close up of Bond’s face after Carlos activates the charge that Bond places on his belt +Custom credits (directed by, story by, actor names, studio credits, etc.) +Bond theme from Casino Royale ending used as episode credit music +FE Netflix style bumper Color correction to increase saturation and lessen yellow hues
Episode 002 – Casino Royale +Warning +FE Netflix bumper Opening sequence after M walks away from Bond after their conversation at Solange’s home +Inserted first 20 seconds of the Quantum of Solace intro/song and added episode title card -Trimmed some of Vesper and James’ dialogue after sizing each other up on the train -Removed James’ line about Vesper being single, it now cuts away after he says she’s not his type End of episode after Bond returns and announces that last hand nearly killed him +Bond theme from Casino Royale ending used as episode credit music +FE Netflix style bumper Color correction to increase saturation and lessen yellow hues
Episode 003 – Vesper +Warning +FE Netflix bumper Open with final round +Added Bond opening after James tells Vesper he’s famished +Inserted first 20 seconds of the Quantum of Solace intro/song and added episode title card -Cut Vesper and James talking about his little finger cringe -Cut Vesper and James horn dogging in the hospital -Cut Vesper and James in bed in Venice -Cut James calling Vesper a b**** when M asks if he needs time End of episode after Bond introduces himself to Mr. White +Bond theme from Casino Royale ending used as episode credit music +FE Netflix style bumper Color correction to increase saturation and lessen yellow hues
Episode 004 – Deception Point +Warning +FE Netflix bumper -Cut zoom in and artistic shots of Bond and car Cold open on Bond shifting into gear -Cut to opening credits after Bond opens the trunk to reveal Mr. White +Inserted first 20 seconds of the Quantum of Solace intro/song and added episode title card -Trimmed M and Bond’s dialogue when they are reviewing the double Mitchell’s room Episode ends with Bond walking away from the flight attendant at the airport +Bond theme from Casino Royale ending used as episode credit music +FE Netflix style bumper
Episode 005 – Quantum of Solace +Warning +FE Netflix bumper Cold open on Bond arriving to see Mathis in Italy -Cut to opening credits after Mathis asks, “Come to apologize?” +Inserted first 20 seconds of the Quantum of Solace intro/song and added episode title card -Cut bond sleeping with the Strawberry Fields -Removed kissing sound when Bond leaves Fields at the party so now it could just be him whispering to her -Cut Greene talking about Camille being spectacular when she’s on her back -Cut Camille cursing as they walk out of the club -Trimmed the poorly layered double mirage like shot of Bond and Camille walking through the desert -Cut some dialogue between the president and the general -Cut Greene’s reference of how the president would wake up if he didn’t sign -Cut the closeup of the the president aide’s upskirt when she’s on the bed -Cut Bond kissing Camille after she says she wishes she could set him free End with Bond walking off into the night +Bond theme from Casino Royale ending used as episode credit music +FE Netflix style bumper
Episode 006 – Phoenix Agent +Warning +FE Netflix bumper Open on Bond walking up hallway (no horn crescendos) +Added Istanbul title on screen -Removed Eve’s lines about VW Beatles -Cut to intro after Bond fades out into the water after being shot; Added underwater waterfall sfx smooth transition +Inserted first 20 seconds of the Quantum of Solace intro/song and added episode title card -Cut Bond lover scene and his scorpion drinking game; now jumps to him at the bar during the day when he hears the broadcast -Cut M cursing on the bridge as she exits the car -Cut Bond responding b**** when psychologist says the name “M” -Cut references and Q’s explaining to Bond’about the palm recognizer on his Walther PPK -Cut shot of Bond testing the palm grip on the Walther PPK while in the car Cropped a shot of Bond hanging from the elevator to remove the CGI superimposed hands from the frame. The idea is to simply remove the focus from his hands not being in gloves. Cropped and shortened shots with gloves to take emphasis off of his hands -Removed scene of Bond disappearing after Severine sees him from the other skyscraper +Inserted the ending theme from Casino Royale to create a musical ending to the episode End episode after Bond retrieves the Macau token +Bond theme from Casino Royale ending used as episode credit music +FE Netflix style bumper Color correction to increase saturation, remove excessive yellows, increase red in skin tones
Episode 007 – Concomitant Factor +Warning +FE Netflix bumper Open on aerial shot of London; rebuilt surround track to make opener more seemless; added typing, glitch and slot machine sfx +Added intro after M completes her call -Inserted first 20 seconds of the Quantum of Solace intro/song and added episode title card -Removed Bond saying he didn’t order Eve (again, I want to make Bond less of a sex crazed agent) -Removed Bond trying to undress Eve -Removed Silva’s advances on Bond, again this is to help the characters stay focused on espionage -Removed Silva shooting Severine. It’s now implied that Bond saves her +Added Severine in the background when Silva backs away from Bon after he takes out his henchmen Cropped shot to remove visual of Severine dead from when Silva looks up at the helicopters -Removed the pan back down to eliminate the need to do a massive zoom -Removed some of Q’s cursing End of episode on Bond looking into the basement ladder way +Bond theme from Casino Royale ending used as episode credit music +FE Netflix style bumper Color correction to increase saturation, remove excessive yellows, increase red in skin tones
Episode 008 – Skyfall +Warning +FE Netflix bumper Open with Bond climbing down the ladder after Silva -Cut to intro after Q responds, “I told you” +Inserted first 20 seconds of the Quantum of Solace intro/song and added episode title card -Removed the man’s line about Bond being keen to get home after he jumps onto the back of the train -Removed M’s cursing when they arrive at Skyfall -Removed Kincade calling Bond a little $4!7 End of episode at final scene of movie +Bond theme from Casino Royale ending used as episode credit music +FE Netflix style bumper Color correction to increase saturation, remove excessive yellows, increase red in skin tones
Episode 009 – Rogue Agent +Warning +FE Netflix bumper -Removed The Dead Are Alive intro Cold open with Bond on rooftop listening in on conversation +Added Mexico City title on screen +Added translation subtitles -Cut last shots of helicopter and Bond looking at the Spectre ring -Cut opening sequence +Inserted first 20 seconds of the Quantum of Solace intro/song and added episode title card -Removed Q’s “oh sh*&” line -Cut Bond looking at the gadget panel in the Aston Martin +Added Roman cicadas to outside scenes when Lucia arrives home and when Spectre attempts to kill her Repurposed Lucia’s later lines about where Spectre is meeting as to have her deliver the lines while Bond is standing there. She now tells him, he says “time for a drink” and transition to him driving to the meeting -Cut Bond and Lucia’s sex scene +Added translation subtitles during Spectre meeting scene -Cut Hinx gouging out the man’s eyes -Cut James turning on the music on the gadgets -Cut Bond taking off the top of a car and Hinx following him down the alley -Trimmed car chase scene to remove the silly part where he gets stuck behind the driver and Bond theme from Casino Royale ending used as episode credit music +FE Netflix style bumper +Extensive color correction of every scene Applied masks throughout to isolate colors to enhance or diminish their tones while retaining the intended color of the scene.
Episode 010 – For King and Country +Warning +FE Netflix bumper Open with Money Penny reviewing files about Franz Oberhause -Cut Madeline and Bond’s sex scene after killing Hinx +Added dialogue to scene where Madeline and James get off the train +Bond theme from Casino Royale ending used as episode credit music +FE Netflix style bumper +Extensive color correction of every scene Applied masks throughout to isolate colors to enhance or diminish their tones while retaining the intended color of the scene.
Episode 011 – Spectre +Warning +FE Netflix bumper -Cut the portrait scenes as James walks through the ruins of MI6 looking for Blofeld +Bond theme from Casino Royale ending used as episode credit music +FE Netflix style bumper Extensive color correction of every scene Applied masks throughout to isolate colors to enhance or diminish their tones while retaining the intended color of the scene.

https://preview.redd.it/1800yikgbsl41.jpg?width=694&format=pjpg&auto=webp&s=a64c724f3c5337b954afa67be3008d847dcd944d
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What Returning to Work Will Look Like in Offices, Cafes and Factories Around the World

Expect lots of temperature checks and one-way routes. ‘As we experienced in China, this will be a journey.’
Wearable social-distancing buzzers. Masked blackjack dealers. Drive-thru electronics purchases. From cubicles to factory floors, cafes to clothing boutiques, businesses around the world are dreaming up creative ways to reopen, attempting to start revenue flowing again while minimizing the risk to customers and employees.
The global economy is riding on their ability to pull off that delicate balance. A new flareup of Covid-19 cases could shutter offices, stores, restaurants and manufacturing plants once again, further choking off the flow of goods and services and threatening more jobs. Some governments, such as China, are providing rigorous oversight of the process. Others, including President Donald Trump’s administration, have offered looser guidance and are entrusting businesses to monitor their facilities. Scientists are still studying how the virus is spread, and whether keeping people six feet apart is enough, adding to the risks.
The companies’ plans rely on a steady supply of masks, gloves, thermometers and tests that is likely to strain budgets and manufacturers’ ability to keep up. Social distancing will be built in, with people divided by barriers and kept apart from colleagues and customers, a U-turn after years of movement toward open floor plans. Some companies will monitor employees more closely than ever before, while others will let workers choose how much protection they need. The way we work, shop, travel and eat in 2020 – and probably beyond – is being plotted out in boardrooms around the world.
Here are the changes companies are contemplating for their workplaces in the coming weeks.

The Office

Seats on the shuttle bus to Unilever’s Shanghai offices can be reserved using a chat group. Employees must be masked to board, and they sit on alternating sides, one person to each four-seat row. Upon arrival, each worker scans a QR code and fills out a health status report to get a daily pass to enter. Then comes the temperature check and the hand sanitizer.
Inside the office, movement is tightly regulated. Employees keep their masks on and are encouraged to use the stairs instead of the elevator, with spritzes of hand sanitizer before and after touching the regularly disinfected handrail. In the canteen, a single person is allowed at each four-seat table.
Such measures might seem predictable in a centrally controlled society like China, but some version of them is starting to appear in the West. At Britain’s former state phone monopoly, BT Group Plc, call center workers sit two meters apart, and walkways are designated as one-way to keep people from brushing past each other. Temperature checks are becoming routine at Sistema, the Russian conglomerate, which also says it’s developed its own two-hour test for Covid-19. Employees who come to the office have been tested in the past couple of weeks, though as many as half of the call center workers at MTS, the mobile network controlled by Sistema, are operating out of their homes.

More Room

Flexible space operator Knotel, which runs offices for corporations including Uber and Netflix, says workplace design has to change. Offices will likely be less densely populated, and altered to make them “antiviral,” according to Amol Sarva, Knotel’s chief executive officer.
“Things like ventilation, UV light, density screening, video monitoring, and temperature monitoring, cleaning protocols — those are all going to have to change,” he said. “Certainly there’ll be more space.”
In China, Cushman & Wakefield has helped move nearly a million workers back into 800 million square feet (74 million square meters) of office space. The company is creating a Recovery Readiness manual for landlords and tenants, based in part on its experience in China, that includes colored carpets to create visual boundaries around desks, plexiglass shields between desks that face each other and signs that direct walking traffic in a single direction.

Fewer Meetings

Even when people do come back to the office, meetings will be limited, and large gatherings are out of the question. This week, Facebook Inc. CEO Mark Zuckerberg canceled all physical events of 50 or more people through June 2021. The vast majority of employees are required to work from home through May, and those who need to carry on doing so will be able to work at home through the summer.
The road to normalcy may be much longer than that. At Abcam Plc, a British protein research company, 40 out of 300 China-based employees started returning to work in Beijing, Shanghai, Hangzhou and Hong Kong on Feb. 14. Two months later, the company is running split shifts to maintain distancing for the roughly 50% of employees based in manufacturing, logistics and essential lab work.

The Factory

On Feb. 10, Winly Automotive (Wuhan) Ltd. was assigned a checklist from the government. To reopen, the company would be required to have a one-month stash of masks and sanitizer, take a photo of the supplies, and send it to officials before submitting to a detailed inspection. “The policy has been constantly changing,” said Wang Xuepan, one of the plant’s managers. “It’s very difficult for us to handle.”
In the Seattle area, Boeing Co. has worked with the Washington state labor department on a plan to reopen its factories. It will be doling out cloth masks to most workers, saving the gold-standard N95 masks for a select few in more hazardous conditions.
Unlike office drones, factory workers have to show up in person to get the job done. Figuring out what basic protections they’ll need is part of the challenge. At Boeing, industrial engineers are analyzing the sequence of work on its assembly lines to find ways to spread apart workers.

Taking the Temperature

Airbus SE has divided employees at its plants into red and blue teams, who don’t see each other because they use different routes to enter and exit buildings. Volkswagen AG is allotting more time between shifts and reducing expectations for production because it takes longer for people to move around each other at a safe distance. Ford Motor Co. is experimenting with wearable devices that would buzz workers if they get too close together.
While the virus can be transmitted by people with no symptoms, many manufacturers are doing temperature checks, whether with thermometers, thermal imaging cameras or — in the case of Fiat Chrysler Automobiles NV in the U.S. — reusable forehead strips.
Fiat Chrysler, whose CEO Mike Manley is one of the executives talking with Trump about reopening the economy, is requiring workers to fill out a health questionnaire two hours before reporting to work each day. They must bring either a hard copy, or scan a QR code with their phone, to prove they aren’t displaying signs of illness or exposure to the virus, according to documents obtained by Bloomberg. Workers can’t enter the plant without it.
Some companies are closing cafeterias in favor of vending machines. Dongfeng PSA in Wuhan is handing out prepared lunchboxes to employees, who must eat at least 1.5 meters apart with their backs to each other.
Zhejiang Geely Holding Group Co. said Chairman Li Shufu wrote a song to keep workers motivated through such dreariness. “A world full of expectations/Turned to dust of yesterday,” the lyrics go. “Their sorrow flowing into the sea/But the flower of love is quietly blooming.”

The Airplane

When air travel resumes in earnest, it’s likely that hand sanitizers, face masks and thermometers will become standard at most major airports, said David Powell, medical adviser for the International Air Transport Association, a trade group. All three have shortcomings, but can also reassure passengers, he said.
The International Civil Aviation Organization, which sets global flying standards, wants to establish a “public health corridor concept.” Under such a plan, major airlines, airports, public authorities and other parties would adopt common protocols for screening, boarding, in-flight procedures, arrivals, customs and baggage.
“We cannot all just stop flying,” Ansa Jordaan, the group’s chief of aviation medicine, said during an April 15 webcast.
Emirates Airline said this week it was the first to conduct rapid Covid-19 blood tests, with results available in 10 minutes for passengers flying Wednesday from Dubai to Tunisia. It plans to extend the procedure to other flights, according to Chief Operating Officer Adel Al Redha.
Other carriers are attempting less invasive measures. Etihad Airways, another major airline in the United Arab Emirates, plans to deploy touchless self-service devices at its hub airport in Abu Dhabi to identify travelers with medical conditions, including the early stages of coronavirus.
In the U.S., American Airlines Group Inc. plans to continue spacing customers apart during boarding and flights, conducting extensive cleanings of aircraft and reducing food and beverage service to limit contact, CEO Doug Parker said in an April 15 video message.
“When you do fly, aircraft cleanliness and social distancing matter greatly,” he said.

The Store

In China, it’s become standard to have your temperature taken any time you want to go shopping. Visitors to the Wuhan International Plaza luxury mall are checked for a fever at the door, before they queue up to be served one at a time at Louis Vuitton.
Levi Strauss & Co. disinfects its Chinese stores three times a day and requires temperature checks for customers, who are expected to wear masks before entering the store. Fitting rooms and products that have been tried on are disinfected each time they’re used.
It’s unclear whether practices implemented in China will make their way to other parts of the world, though several companies said they’ll learn from their experience in Asia.

Drive-Thru Shopping

Another technique is to keep shoppers out of the store altogether. Dixons Carphone Plc, the electronics retailer, is considering plans for contact-free “drive-thru” style stores to limit the risk of coronavirus for staff and customers. Shoppers would park outside, call the store to select items to buy, use a contactless system to pay and then open their trunks so staff could deliver the products.
Salespeople at luxury retailers in China were already using social media to engage with customers before the outbreak, but they’ve stepped up the effort since, adding clients on WeChat and sending them information about the latest trends. Louis Vuitton tried showcasing its summer product line in a livestream show on March 26 featuring a social-media star, but was ridiculed for the quality of the video. Sometimes there’s no substitute for personal contact.

The Restaurant

Buffets and salad bars will be re-thought, and self-serve drink stations may be “a thing of the past,” said Taco John’s CEO Jim Creel, who added that other changes are afoot at the 387-store chain. Taco John’s popular salsa bar — around for the past 15 years — may be removed.
“We hope we don’t have to take them out — that we’ll be able to figure out a way to make them still work — but I’m afraid the fear factor our there will force us to go to a pre-packaged option.”
A test of self-ordering kiosks may also get pulled back. “It was a good idea three months ago, but not so good today,” Creel said.

Phone Pay

In China, restaurants and even bars have opened back up in Shanghai, with varying limits on seating arrangements – some allow six to a table, others only one. In Beijing, restaurants are doing temperature checks. In Wuhan, most places are still delivery-only.
“In the short run, as dining rooms open back up again, you’ll probably see many restaurants space their tables a little bit further apart,” said Jack Li, CEO of menu researcher Datassential. “You’ll see more restaurants try to adopt phone pay. So not having to hand your money or card to anyone. You’re certainly going to see more places continue to do things like contactless delivery.”
Starbucks Corp. is taking a store-by-store approach to resuming business activities in the U.S., with services limited to drive-thru, delivery and takeout via mobile orders and contactless pickup.
“As we experienced in China, this will be a journey,” CEO Kevin Johnson wrote in a memo to staff on Thursday.

The Menu

Chains are cutting back menus, focusing on products that sell best and are easy to make. Romano’s Macaroni Grill has pared down its menu to 70% of what it used to be, saying goodbye to pizzas and calzones recently. McDonald’s all-day breakfast menu is gone.
Fazoli’s Italian restaurant chain is trying to secure Purell sanitizing stations – four for each store — along with “millions” of alcohol-based wipes for re-opening the dining rooms of its 216 locations. The company is also re-thinking bathrooms and looking into touch-less soap dispensers. It’s an investment, but a worthwhile one, says CEO Carl Howard.
“I want to let the consumer know I’m doing everything I can to keep them as safe as possible,” Howard said in an interview.

The Arena

Large public gatherings aren’t top of mind yet in China, but Trump and the people who run the U.S.’s biggest sports leagues appear aligned in their thinking that live games, at least in some form, are a critical part of helping the country recover.
“The progression needs to be open outdoor sports first, golf, tennis, swimming so that we can start to test the waters — that I’m fine with,” said billionaire Mark Cuban, who owns the NBA’s Dallas Mavericks.
One obstacle may be local politicians. When UFC floated plans to host an event this weekend on tribal land in California without spectators, it was pressure from politicians, including Governor Gavin Newsom, that led to its cancellation. Los Angeles Mayor Eric Garcetti has reportedly discussed the possibility of prohibiting large gatherings like concerts and sporting events in the city for another year.

The Movies

That said, there’s billions on the line for sports leagues, sponsors and media networks if the games don’t resume soon. Anthony Fauci, the nation’s leading infectious-disease expert, has said that that the only way to do that this summer is to close venues to fans and keep all the players, coaches and referees isolated from society.
Cinema owners are also waiting to see when health officials give them clearance to open up. Cinemark Holdings Inc., the third-largest U.S. movie chain, has been in discussions with major film studios about when to release blockbusters again. The chain’s management thinks they could begin bringing back staff starting in late June, then build up a marketing campaign for a broader re-opening on July 1.
The experience won’t be like it was before coronavirus hit. The chain will either have to limit the available tickets for each showing, leaving about half its seats open. Or it may eliminate reserved seating, so customers can voluntarily spread themselves out when they arrive. Cleaning will have to be ramped up, and opening hours may be limited to accommodate the changes.
“How long that will take? We’re not completely certain,” said Mark Zoradi, Cinemark’s CEO, on a call with analysts and investors on Wednesday. “But we’re planning on anywhere from one to three months to light up that engine again and then to begin with higher profile, new product.”

The Casino

Las Vegas casino executives have discussed opening with as little as one-third of their rooms available, with limited entrances where guests’ temperatures could be checked. Casino employees would wear masks and gloves, and gamblers would sit at least a chair apart at blackjack tables.
The moves are similar to what is already occurring in Macau, the world’s largest gambling market, where casinos closed for 15 days in February and reopened under tight restrictions.
The companies are also discussing enhanced cleaning techniques, something unions have requested.

Fun Parks

The $19.3 billion U.S. theme park industry is also making plans, though no one knows when gates will reopen.
When they do, employees may be wearing masks and temperatures may be checked not only at the entrances but inside as well, said Dennis Speigel, a theme park consultant in Cincinnati. Operators may also institute virtual queues, where guests snag a place in line through an app and come to ride when it’s their turn.
“The theme park of the future is going to have to take a much different turn, from distancing to wanding to cleaning,” Speigel said. “I’ve never heard the fear in the voices that I’ve heard. Nobody knows what they’re going to be doing.”
Bloomberg News - With assistance from Thomas Buckley, Thomas Seal, Dana Hull, Natalie Wong, Julie Johnsson, Charlotte Ryan, Christoph Rauwald, Kyunghee Park, Gabrielle Coppola, Shiho Takezawa, Tian Ying, Chunying Zhang, Keith Naughton, Mary Schlangenstein, Justin Bachman, Layan Odeh, Jordyn Holman, Deirdre Hipwell, Robert Williams, Kim Bhasin, Jinshan Hong, Claire Che, Leslie Patton, Kelly Gilblom and Christopher Palmeri.
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Trump lobbied Japan's PM Shinzo Abe to award Sheldon Adelson, a longtime friend and donor, a multibillion-dollar casino bid. Is this appropriate?

source
Adelson had a potent ally in his quest: the new president of the United States. Following the business breakfast, Abe had a meeting with Trump before boarding Air Force One for a weekend at Mar-a-Lago. The two heads of state dined with Patriots owner Bob Kraft and golfed at Trump National Jupiter Golf Club with the South African golfer Ernie Els. During a meeting at Mar-a-Lago that weekend, Trump raised Adelson’s casino bid to Abe, according to two people briefed on the meeting. The Japanese side was surprised.
...
Trump also mentioned at least one other casino operator. Accounts differ on whether it was MGM or Wynn Resorts, then run by Trump donor and then-Republican National Committee finance chairman Steve Wynn.
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Global stocks are surging on news that the US President Trump has asked US trade officials to begin drafting a trade agreement with China

US Stocks


Stocks Trending in the News

Click name for Q-Factor breakdown, latest price details, more financial info and sentiment data.

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Today's Pre-Market News [Monday, June 3rd, 2019]

Good morning traders and investors of the wallstreetbets sub! Welcome to a new trading month and a fresh start! Here are your pre-market news this AM-

Today's Top Headlines for Monday, June 3rd, 2019

STOCK FUTURES CURRENTLY:

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THIS WEEK'S UPCOMING IPO'S:

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THIS WEEK'S EARNINGS CALENDAR:

$CRM $GES $CLDR $SFIX $BOX $MDB $TIF $CIEN $COUP $FIVE $CBRL $AEO $DOCU $CPB $SMAR $GME $APPS $CTK $ZM $NAV $AMBA$DOMO $DCI $UNFI $GWRE $SJM $CAL $SAIC $PVTL $SIG $CSWC $HOME $OESX $GIII $VRA $CMD $ESTC $BYND $KIRK $OLLI $HQY)
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THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:

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THIS AFTERNOON'S POST-MARKET EARNINGS CALENDAR:

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EARNINGS RELEASES BEFORE THE OPEN TODAY:

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TODAY'S DIVIDEND CALENDAR:

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THIS MORNING'S MOST ACTIVE TRENDING TICKERS:

  • GNCA
  • GOOGL
  • CY
  • LK
  • T
  • BA
  • EE
  • VZ
  • TEVA

THIS MORNING'S STOCK NEWS MOVERS:

(source: cnbc.com)
Apple – Apple holds its Worldwide Developers Conference Monday and is reportedly set to announce the end of its iTunes store. Bloomberg reports that iTunes functions will be divided among three newly developed applications.

STOCK SYMBOL: AAPL

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Alphabet – Alphabet’s Google unit is the subject of an upcoming antitrust probe by the Justice Department, according to multiple reports. The probe will focus on Google’s search and other businesses.

STOCK SYMBOL: GOOGL

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Cypress Semiconductor – The chipmaker will be bought by Germany’s Infineon for $23.85 per share in cash, a 34 percent premium over Friday’s close. The deal is valued at $10.1 billion including assumed debt.

STOCK SYMBOL: CY

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FedEx – China is launching a probe of FedEx following accusations that packages intended for telecom giant Huawei were diverted.

STOCK SYMBOL: FDX

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Humana – In an SEC filing, Humana said it did not intend to make a proposal to combine with health insurer Centene as an alternative to Centene’s planned acquisition of WellCare Health Plans. Humana said this statement was a one-time exception to its policy of not commenting on market rumors.

STOCK SYMBOL: HUM

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Goldman Sachs – Goldman is buying Capital Vision Services – manager of the MyEyeDr optometry practices – from a private equity firm and a Canadian pension fund. Goldman did not reveal financial details but the Wall Street Journal reports that the deal is worth $2.7 billion.

STOCK SYMBOL: GS

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Blackstone Group – Blackstone is buying industrial warehouse assets from Singapore logistics provider GLP For $18.7 billion, in what Blackstone said is the largest-ever private real estate transaction.

STOCK SYMBOL: BX

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Boeing - Some of Boeing’s 737 MAX jets may have faulty parts, according to the FAA. Boeing said it has identified 20 jets that most likely to have faulty parts and plans to check another 159 for the same parts.

STOCK SYMBOL: BA

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Facebook – Facebook has been in contact with the Commodity Futures Trading Commission about rolling out a digital currency, according to the Financial Times.

STOCK SYMBOL: FB

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Fiat Chrysler – Fiat Chrysler is discussing an improved bid for French carmaker Renault, according to Reuters, in order to win backing from the French government for a deal.

STOCK SYMBOL: FCAU

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Merck, AstraZeneca – The drug makers reported upbeat study results involving their Lynparza drug. The treatment successfully stalled the advance of pancreatic cancer in certain patients.

STOCK SYMBOL: MRK

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Wynn Resorts, Las Vegas Sands – These and other casino operators in Macau may see their stocks benefit after gaming revenue in Macau hit a five month high in May.

STOCK SYMBOL: WYNN

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Waste Management – Waste Management was upgraded to “outperform” from “sector perform” at RBC Capital, which cited the company’s unique positioning within its sector.

STOCK SYMBOL: WM

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Salesforce.com – J.P. Morgan Securities removed the stock from its “Analyst Focus List”, based on current valuation following a 2½ year gain of 121 percent.

STOCK SYMBOL: CRM

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DISCUSS!

What is on everyone's radar for today's trading day ahead here at wallstreetbets?

I hope you all have an excellent trading day ahead today on this Monday, June 3rd, 2019! :)

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Today's Pre-Market News [Monday, June 3rd, 2019]

Good morning traders and investors of the stocks sub! Welcome to a new trading month and a fresh start! Here are your pre-market news this AM-

Today's Top Headlines for Monday, June 3rd, 2019

STOCK FUTURES CURRENTLY:

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LAST WEEK'S MARKET MAP:

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TODAY'S MARKET MAP:

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LAST WEEK'S S&P SECTORS:

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TODAY'S S&P SECTORS:

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TODAY'S ECONOMIC CALENDAR:

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THIS WEEK'S ECONOMIC CALENDAR:

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THIS WEEK'S UPCOMING IPO'S:

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THIS WEEK'S EARNINGS CALENDAR:

$CRM $GES $CLDR $SFIX $BOX $MDB $TIF $CIEN $COUP $FIVE $CBRL $AEO $DOCU $CPB $SMAR $GME $APPS $CTK $ZM $NAV $AMBA$DOMO $DCI $UNFI $GWRE $SJM $CAL $SAIC $PVTL $SIG $CSWC $HOME $OESX $GIII $VRA $CMD $ESTC $BYND $KIRK $OLLI $HQY)
(CLICK HERE FOR THIS WEEK'S EARNINGS CALENDAR!)

THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:

()
([CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!]())
N/A.

THIS AFTERNOON'S POST-MARKET EARNINGS CALENDAR:

()
([CLICK HERE FOR THIS AFTERNOON'S EARNINGS CALENDAR!]())
T.B.A.

EARNINGS RELEASES BEFORE THE OPEN TODAY:

(CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES!)

EARNINGS RELEASES AFTER THE CLOSE TODAY:

(CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES!)

FRIDAY'S ANALYST UPGRADES/DOWNGRADES:

(CLICK HERE FOR FRIDAY'S UPGRADES/DOWNGRADES LINK #1!)
(CLICK HERE FOR FRIDAY'S UPGRADES/DOWNGRADES LINK #2!)

FRIDAY'S INSIDER TRADING FILINGS:

(CLICK HERE FOR FRIDAY'S INSIDER TRADING FILINGS!)

TODAY'S DIVIDEND CALENDAR:

(CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #1!)
(CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #2!)

THIS MORNING'S MOST ACTIVE TRENDING TICKERS:

  • GNCA
  • GOOGL
  • CY
  • LK
  • T
  • BA
  • EE
  • VZ
  • TEVA

THIS MORNING'S STOCK NEWS MOVERS:

(source: cnbc.com)
Apple – Apple holds its Worldwide Developers Conference Monday and is reportedly set to announce the end of its iTunes store. Bloomberg reports that iTunes functions will be divided among three newly developed applications.

STOCK SYMBOL: AAPL

(CLICK HERE FOR LIVE STOCK QUOTE!)
Alphabet – Alphabet’s Google unit is the subject of an upcoming antitrust probe by the Justice Department, according to multiple reports. The probe will focus on Google’s search and other businesses.

STOCK SYMBOL: GOOGL

(CLICK HERE FOR LIVE STOCK QUOTE!)
Cypress Semiconductor – The chipmaker will be bought by Germany’s Infineon for $23.85 per share in cash, a 34 percent premium over Friday’s close. The deal is valued at $10.1 billion including assumed debt.

STOCK SYMBOL: CY

(CLICK HERE FOR LIVE STOCK QUOTE!)
FedEx – China is launching a probe of FedEx following accusations that packages intended for telecom giant Huawei were diverted.

STOCK SYMBOL: FDX

(CLICK HERE FOR LIVE STOCK QUOTE!)
Humana – In an SEC filing, Humana said it did not intend to make a proposal to combine with health insurer Centene as an alternative to Centene’s planned acquisition of WellCare Health Plans. Humana said this statement was a one-time exception to its policy of not commenting on market rumors.

STOCK SYMBOL: HUM

(CLICK HERE FOR LIVE STOCK QUOTE!)
Goldman Sachs – Goldman is buying Capital Vision Services – manager of the MyEyeDr optometry practices – from a private equity firm and a Canadian pension fund. Goldman did not reveal financial details but the Wall Street Journal reports that the deal is worth $2.7 billion.

STOCK SYMBOL: GS

(CLICK HERE FOR LIVE STOCK QUOTE!)
Blackstone Group – Blackstone is buying industrial warehouse assets from Singapore logistics provider GLP For $18.7 billion, in what Blackstone said is the largest-ever private real estate transaction.

STOCK SYMBOL: BX

(CLICK HERE FOR LIVE STOCK QUOTE!)
Boeing - Some of Boeing’s 737 MAX jets may have faulty parts, according to the FAA. Boeing said it has identified 20 jets that most likely to have faulty parts and plans to check another 159 for the same parts.

STOCK SYMBOL: BA

(CLICK HERE FOR LIVE STOCK QUOTE!)
Facebook – Facebook has been in contact with the Commodity Futures Trading Commission about rolling out a digital currency, according to the Financial Times.

STOCK SYMBOL: FB

(CLICK HERE FOR LIVE STOCK QUOTE!)
Fiat Chrysler – Fiat Chrysler is discussing an improved bid for French carmaker Renault, according to Reuters, in order to win backing from the French government for a deal.

STOCK SYMBOL: FCAU

(CLICK HERE FOR LIVE STOCK QUOTE!)
Merck, AstraZeneca – The drug makers reported upbeat study results involving their Lynparza drug. The treatment successfully stalled the advance of pancreatic cancer in certain patients.

STOCK SYMBOL: MRK

(CLICK HERE FOR LIVE STOCK QUOTE!)
Wynn Resorts, Las Vegas Sands – These and other casino operators in Macau may see their stocks benefit after gaming revenue in Macau hit a five month high in May.

STOCK SYMBOL: WYNN

(CLICK HERE FOR LIVE STOCK QUOTE!)
Waste Management – Waste Management was upgraded to “outperform” from “sector perform” at RBC Capital, which cited the company’s unique positioning within its sector.

STOCK SYMBOL: WM

(CLICK HERE FOR LIVE STOCK QUOTE!)
Salesforce.com – J.P. Morgan Securities removed the stock from its “Analyst Focus List”, based on current valuation following a 2½ year gain of 121 percent.

STOCK SYMBOL: CRM

(CLICK HERE FOR LIVE STOCK QUOTE!)

DISCUSS!

What is on everyone's radar for today's trading day ahead here at stocks?

I hope you all have an excellent trading day ahead today on this Monday, June 3rd, 2019! :)

submitted by bigbear0083 to stocks [link] [comments]

Today's Pre-Market News [Monday, June 3rd, 2019]

Good morning traders and investors of the StockMarket sub! Welcome to a new trading month and a fresh start! Here are your pre-market news this AM-

(CLICK HERE TO VIEW THE FULL SOURCE!)

Today's Top Headlines for Monday, June 3rd, 2019

STOCK FUTURES CURRENTLY:

(CLICK HERE FOR STOCK FUTURES CHARTS!)

LAST WEEK'S MARKET MAP:

(CLICK HERE FOR LAST WEEK'S MARKET MAP!)

TODAY'S MARKET MAP:

(CLICK HERE FOR TODAY'S MARKET MAP!)

LAST WEEK'S S&P SECTORS:

(CLICK HERE FOR LAST WEEK'S S&P SECTORS CHART!)

TODAY'S S&P SECTORS:

(CLICK HERE FOR TODAY'S S&P SECTORS CHART!)

TODAY'S ECONOMIC CALENDAR:

(CLICK HERE FOR TODAY'S ECONOMIC CALENDAR!)

THIS WEEK'S ECONOMIC CALENDAR:

(CLICK HERE FOR THIS WEEK'S ECONOMIC CALENDAR!)

THIS WEEK'S UPCOMING IPO'S:

(CLICK HERE FOR THIS WEEK'S UPCOMING IPO'S!)

THIS WEEK'S EARNINGS CALENDAR:

$CRM $GES $CLDR $SFIX $BOX $MDB $TIF $CIEN $COUP $FIVE $CBRL $AEO $DOCU $CPB $SMAR $GME $APPS $CTK $ZM $NAV $AMBA$DOMO $DCI $UNFI $GWRE $SJM $CAL $SAIC $PVTL $SIG $CSWC $HOME $OESX $GIII $VRA $CMD $ESTC $BYND $KIRK $OLLI $HQY)
(CLICK HERE FOR THIS WEEK'S EARNINGS CALENDAR!)

THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:

()
([CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!]())
N/A.

THIS AFTERNOON'S POST-MARKET EARNINGS CALENDAR:

()
([CLICK HERE FOR THIS AFTERNOON'S EARNINGS CALENDAR!]())
T.B.A.

EARNINGS RELEASES BEFORE THE OPEN TODAY:

(CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES!)

EARNINGS RELEASES AFTER THE CLOSE TODAY:

(CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES!)

FRIDAY'S ANALYST UPGRADES/DOWNGRADES:

(CLICK HERE FOR FRIDAY'S UPGRADES/DOWNGRADES LINK #1!)
(CLICK HERE FOR FRIDAY'S UPGRADES/DOWNGRADES LINK #2!)

FRIDAY'S INSIDER TRADING FILINGS:

(CLICK HERE FOR FRIDAY'S INSIDER TRADING FILINGS!)

TODAY'S DIVIDEND CALENDAR:

(CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #1!)
(CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #2!)

THIS MORNING'S MOST ACTIVE TRENDING TICKERS:

  • GNCA
  • GOOGL
  • ETC.X
  • CY
  • LK
  • T
  • BA
  • EE
  • VZ
  • TEVA

THIS MORNING'S STOCK NEWS MOVERS:

(source: cnbc.com)
Apple – Apple holds its Worldwide Developers Conference Monday and is reportedly set to announce the end of its iTunes store. Bloomberg reports that iTunes functions will be divided among three newly developed applications.

STOCK SYMBOL: AAPL

(CLICK HERE FOR LIVE STOCK QUOTE!)
Alphabet – Alphabet’s Google unit is the subject of an upcoming antitrust probe by the Justice Department, according to multiple reports. The probe will focus on Google’s search and other businesses.

STOCK SYMBOL: GOOGL

(CLICK HERE FOR LIVE STOCK QUOTE!)
Cypress Semiconductor – The chipmaker will be bought by Germany’s Infineon for $23.85 per share in cash, a 34 percent premium over Friday’s close. The deal is valued at $10.1 billion including assumed debt.

STOCK SYMBOL: CY

(CLICK HERE FOR LIVE STOCK QUOTE!)
FedEx – China is launching a probe of FedEx following accusations that packages intended for telecom giant Huawei were diverted.

STOCK SYMBOL: FDX

(CLICK HERE FOR LIVE STOCK QUOTE!)
Humana – In an SEC filing, Humana said it did not intend to make a proposal to combine with health insurer Centene as an alternative to Centene’s planned acquisition of WellCare Health Plans. Humana said this statement was a one-time exception to its policy of not commenting on market rumors.

STOCK SYMBOL: HUM

(CLICK HERE FOR LIVE STOCK QUOTE!)
Goldman Sachs – Goldman is buying Capital Vision Services – manager of the MyEyeDr optometry practices – from a private equity firm and a Canadian pension fund. Goldman did not reveal financial details but the Wall Street Journal reports that the deal is worth $2.7 billion.

STOCK SYMBOL: GS

(CLICK HERE FOR LIVE STOCK QUOTE!)
Blackstone Group – Blackstone is buying industrial warehouse assets from Singapore logistics provider GLP For $18.7 billion, in what Blackstone said is the largest-ever private real estate transaction.

STOCK SYMBOL: BX

(CLICK HERE FOR LIVE STOCK QUOTE!)
Boeing - Some of Boeing’s 737 MAX jets may have faulty parts, according to the FAA. Boeing said it has identified 20 jets that most likely to have faulty parts and plans to check another 159 for the same parts.

STOCK SYMBOL: BA

(CLICK HERE FOR LIVE STOCK QUOTE!)
Facebook – Facebook has been in contact with the Commodity Futures Trading Commission about rolling out a digital currency, according to the Financial Times.

STOCK SYMBOL: FB

(CLICK HERE FOR LIVE STOCK QUOTE!)
Fiat Chrysler – Fiat Chrysler is discussing an improved bid for French carmaker Renault, according to Reuters, in order to win backing from the French government for a deal.

STOCK SYMBOL: FCAU

(CLICK HERE FOR LIVE STOCK QUOTE!)
Merck, AstraZeneca – The drug makers reported upbeat study results involving their Lynparza drug. The treatment successfully stalled the advance of pancreatic cancer in certain patients.

STOCK SYMBOL: MRK

(CLICK HERE FOR LIVE STOCK QUOTE!)
Wynn Resorts, Las Vegas Sands – These and other casino operators in Macau may see their stocks benefit after gaming revenue in Macau hit a five month high in May.

STOCK SYMBOL: WYNN

(CLICK HERE FOR LIVE STOCK QUOTE!)
Waste Management – Waste Management was upgraded to “outperform” from “sector perform” at RBC Capital, which cited the company’s unique positioning within its sector.

STOCK SYMBOL: WM

(CLICK HERE FOR LIVE STOCK QUOTE!)
Salesforce.com – J.P. Morgan Securities removed the stock from its “Analyst Focus List”, based on current valuation following a 2½ year gain of 121 percent.

STOCK SYMBOL: CRM

(CLICK HERE FOR LIVE STOCK QUOTE!)

FULL DISCLOSURE:

bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk. bigbear0083 is an admin at the financial forums Stockaholics.net where this content was originally posted.

DISCUSS!

What is on everyone's radar for today's trading day ahead here at StockMarket?

I hope you all have an excellent trading day ahead today on this Monday, June 3rd, 2019! :)

submitted by bigbear0083 to StockMarket [link] [comments]

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Macau: Galaxy Casino Construction

Walking around Macau with a GoPro in 4K. July 2020. Make some comments below, and create discussion! Let's get a community going! Make some interactions with others as well. Music from Soundcloud ... (25 Aug 2019) Macao residents gave their opinions on Sunday as an elite pro-Beijing panel chose a new leader for the Chinese casino gambling hub Macao. Ho Iat-Seng was picked to be the next chief ... Walking around Macau with a GoPro in 4K. May/June 2020. Make some comments below, and create discussion! Let's get a community going! Make some interactions with others as well. Music from ... Walking around Macau with a GoPro in 4K. June 2020. Make some comments below, and create discussion! Let's get a community going! Make some interactions with... Please subscribe to my channel click the notification bell 🔔 to get latest updates on my future uploads like and share my videos guys thanks keep safe GOD BL... The final 4K footage of my drone flights in Macau with my DJI Phantom 4; project finished and uploaded on 2018-01-04 - enjoy! :-) Media data: This drone vide... Philippines President Rodrigo Duterte has ordered the arrest of Jack Lam, one of Asia's top casino kingpins, on charges of economic sabotage and bribery, according to the country's police chief ...

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