Andy Behrens looks to these rookie wide receivers for early fantasy success.
Andy Behrens looks to these rookie wide receivers for early fantasy success.
This year, products like turkeys, streaming devices, and loaf pans will be harder to find due to the coronavirus pandemic.
'SNL' host Adele sang some of her greatest hits during a funny 'Bachelor' spoof with Beck Bennett, a delightful comedic turn for the superstar singer.
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
The burrito specialist returned to growth last quarter, but Chipotle stock is now overpriced relative to its long-term earnings potential.
Investors in Patterson-UTI Energy, Inc. (NASDAQ:PTEN) had a good week, as its shares rose 9.1% to close at US$2.89...
Pediatricians are urging the British government to reverse course and provide free meals for poor children during school holidays as the COVID-19 pandemic pushes more families into poverty. The House of Commons last week rejected legislation that would have provided free meals during all school holidays from October through the Easter break. The doctors say some 4 million children live in poverty, and a third rely on free school meals.
(Bloomberg) -- Cenovus Energy Inc. agreed to buy Husky Energy Inc. in an all-stock deal valuing Husky at about C$3.8 billion ($2.9 billion).The new company is expecting C$1.2 billion in cost and capital synergies, the statement said, and will become the third largest Canadian oil and natrual gas producer. Husky shareholders will receive 0.7845 of a Cenovus share and 0.0651 of a Cenovus share purchase warrant in exchange for each Husky common share, representing a 21% premium excluding warrants, it said.After the deal, Cenovus will own 61% of the new company, while Husky will hold a 39% stake. Hong Kong billionaire Li Ka-shing’s CK Hutchison Holdings, the main shareholder in Husky, will own about 27%, according to a company presentation.The deal will see the two companies combine in an all-stock transaction valued at C$23.6 billion, including debt, according to the statement. The move is intended to integrate oil and natural gas resources from the two companies and generate superior returns for investors. The deal gives Husky an enterprise value of approximately C$10.2 billion. After the merger, the company will have about C$12 billion in net debt and C$8.5 billion in committed credit facilities from a broad banking syndicate, the presentation showed.The newly combined company is expected to break even in 2021 at a West Texas Intermediate crude price of US$36 a barrel. It will continue to operate as Cenovus Energy with its headquarters remaining in Calgary, Alberta. The transaction has been approved by the boards of both companies and is expected to close in the first quarter of 2021.(A previous version of this story was updated to reflect some prices were in Canadian dollars.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
E. Chestnut has been the CEO of Crown Crafts, Inc. (NASDAQ:CRWS) since 2001, and this article will examine the...
England Women's friendly away to Germany on Tuesday has been cancelled after a member of the Lionesses' backroom staff tested positive for the coronavirus.
Iraqi security forces fired water cannon and tear gas at anti-government protesters on Sunday to prevent them crossing barricades on a bridge leading towards government buildings. The skirmishes came as hundreds of Iraqis took to the streets of Baghdad and some southern cities to hold anti-government protests, marking a year since mass anti-government unrest that killed more than 500 people. Security forces had deployed in force to control protests that began in the morning, and to stop demonstrators crossing Jumhuriya bridge, which leads to the fortified Green Zone that houses government buildings and foreign missions.
The vice president will maintain his schedule, his spokesman said Saturday night.
(Bloomberg) -- Saudi Arabia’s Tadawul All Share Index fell the most in five months amid renewed concern about measures to contain the spread of coronavirus.The benchmark index retreated 4.1% to 8,154.59, the lowest level in more than seven weeks. The decline, which led losses among major benchmarks in the Middle East on Sunday, accelerated in the final hour of trading in Riyadh.Large caps Saudi Basic Industries Corp., the chemical maker in which Saudi Aramco holds a majority stake, real-estate developer Jabal Omar Development Co. and Saudi Aramco pressured the index the most, sliding 4.5%, 9.6% and 2.3%, respectively. Sabic tumbled even after posting a return to profit in the third quarter that was mainly due to the reversal of impairments associated with Clariant AG.Saudi Arabia’s coronavirus curve has flattened steadily over the past four months and daily new cases have dropped by more than 90% since peaking in June. The kingdom has reported more than 344,000 cases. Still, analysts and investors cited fears of the return to lockdown to explain the slump.The sell-off was fueled by “strong rumors that have been denied by the authorities on imposing a ban and suspending services,” Mohammed Al-Shemimry, the general manager of Mohammed Ashemimry Financial Consultants, said in an interview to Ekhbariya TV. “These rumors have definitely affected investors negatively.”Mohammed Al-Abdulaali, the spokesman for the kingdom’s health ministry, denied that there will be a lockdown. He spoke at a press conference in Riyadh after markets were closed.Further restrictions would compound the oil-rich country’s economic struggles. Saudi Arabia’s exports fell by a quarter in August compared with a year earlier, weighed down by a drop in oil revenue. Brent crude declined 2.7% last week to $41.77 per barrel.Al Rajhi Bank, the kingdom’s biggest lender, lost 1.2% after posting a slight decline in profit as impairment charges rose between July and September.MIDDLE EASTERN MARKETS195 out of 198 members of the Tadawul benchmark index droppedIndex turns negative for the year, down 2.8%BinDawood Holding, one of the biggest grocery chains in Saudi Arabia that started to trade last week, rose 10% for the third consecutive sessio, to end at SAR127.60Dubai’s DFM General Index falls 0.4%, Abu Dhabi’s ADX General Index gains 0.3%READ: UAE Central Bank Starts New Regulations on Reserve RequirementsMORE: Aldar, ADQ Sign Pact on $8.2 Billion of Abu Dhabi Projects (1)The United Arab Emirates is folding its Insurance Authority under the central bank and moving some of the stock market regulator’s powers to exchanges to help boost the economy’s competitivenessCommercial International Bank SAE slumped 7.2% in Cairo after its chairman stepped down amid concerns over governanceREAD: Egypt’s Biggest Listed Bank Slumps After Chairman Steps Down (1)Indexes in Kuwait and Qatar fall 1.2% and 1.5%, respectively, while Israel’s TA-25 gained 1.2% as of 2:55pm in Tel AvivEarnings results:Sabic reported profit for the third quarter of 1.09 billion riyals, +47% y/yAl Rajhi Bank 3Q Profit Drops 3%; Impairment Charges RiseHail Cement 3Q Profit 22.8M Riyals Vs. 7.59M Riyals Y/ySulaiman Al Habib 3Q Profit 298.8M Riyals, +51% y/yBank AlBilad 3Q Profit 382.6m Riyals, +17% y/yUnited International Transport 3Q Profit 40.5m Riyals, -11% y/yRAK Bank Third Quarter Net Income 132 Mln Dirhams, -54% y/yAl Khalij Commercial Bank 9M Profit 543.5m Riyals, +9.3% y/yFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Kenan Thompson's "SNL" Village People troupe changed the lyrics of "Y.M.C.A." to "Cease and Desist" and told Trump to stop playing it at rallies.
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How to watch Week 7 between the Cincinnati Bengals and Cleveland Browns.
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Officials said two people are dead and at least seven are injured -- including a firefighter -- following a fire at a New Jersey apartment early Sunday.
Ali has opened up about becoming Blade, revealing that he was the one who took the initiative to become the comic-book icon.
President Donald Trump called Sacha Baron Cohen "a creep" after previously unseen footage from "Borat 2" was shared to Twitter Friday.