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Instablog9ja
19 m
15
Mixed reactions as fashion designer Veekee James sprayed dollars while her husband sprayed Naira on a couple at a recent wedding.
Majority of the opinion of pool felt her action was not sensitive as it sh@med her husband to be p%%r while she is rich and that she could have shared the Dollars into two for both of them to have it and spray on the couple.
Another opinion was that Femi, Veekee James husband, was a real man and refused to be intimidated by his wife but gorgeously carried what he had and gave it to the couple as another man would have asked for a share of the Dollar to polish his ego.
Investopedia
19 m
13
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CVS Health (CVS) stock tumbled about 5% in Friday after the pharmacy and healthcare giant announced the replacement of Chief Executive Officer (CEO) Karen Lynch with David Joyner, a longtime company veteran who most recently ran Caremark, its pharmacy benefit manager (PBM).
Joyner is taking the top job effective immediately, CVS said, as the company has weathered a difficult year of sales at its namesake pharmacies and problems with its bets on Medicare coverage that have led it to lower its full-year outlook several times already.
Newly appointed executive chairman Roger Farah said the board believes it was "the right time to make a change," and said Joyner's decades of experience with CVS "can help us more directly address the challenges our industry faces" and make necessary changes.
In addition to the CEO swap, CVS also provided preliminary guidance for third-quarter profit, projecting earnings per share (EPS) between 3 cents and 8 cents, and adjusted EPS of $1.05 to $1.10. Analysts are expecting EPS of $1.27, and adjusted EPS of $1.69, according to consensus estimates compiled by Visible Alpha.
The company is set to report third-quarter earnings Nov. 6, and said the lackluster projections are connected to costs related to its Medicare operations and other one-time expenses like store closures.
first reported the news that the CEO change was imminent, sending CVS stock lower Friday morning. The stock is down more than 20% this year.
: This article has been updated to reflect new share price information.
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Instablog9ja
1 h
12
A man has made a ‘receipts list’ of everyone who congratulated him on his birthday.
The man has drawn out a list to include Names, Time and the Message length as he marks his birthday.
Investopedia
2 hrs
11
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Netflix (NFLX) shares surged to a record high Friday, a day after the streaming giant’s third-quarter earnings beat expectations, with several analysts raising their price targets for the stock.
Bank of America boosted its price target to $800 from $740, calling Netflix “one of the best positioned companies within media,” with multiple growth drivers including its “burgeoning ad business.” Netflix’s ad-supported membership grew 35% quarter-over-quarter, and the company said it expects to launch an ad tech platform in 2025.
Analysts at JPMorgan lifted their price target even higher, to $850 from $750, and called Netflix a "top pick," citing its "strong leadership position" with a “virtuous circle of strong subscriber growth, more revenue, and growing profit.”
Including Bank of America, about three-quarters of the 20 analysts covering Netflix tracked by Visible Alpha held a "buy" or equivalent rating for the stock as of Friday, though their average price target at $777.21 was not far off from Friday's closing price.
Shares of Netflix jumped over 11% to close at $763.89 Friday and have gained nearly 57% since the start of the year.
Netflix's gains came despite some programming challenges, calling it “patchier than normal,” due to the lingering impacts of actors and writers strikes in 2023, and said “volume has picked up again.”
Netflix said it delivered several hits in the quarter, with “The Perfect Couple” starring Nicole Kidman and Liev Schreiber drawing 65.2 million views, while romantic comedy “Nobody Wants This" with Kristen Bell and Adam Brody drew 37 million.
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Instablog9ja
3 hrs
14
Former Minister of Aviation, Femi Fani-Kayode, has mourned the passing of his aide, who tragically slumped and di£d in an Abuja hotel after spending time with an individual.
He said, it is with great sadness that I announce the passing of my devoted Special Assistant, Mr. Ndifreke Saviour Mark, who was with me for no less than 34 years.
He left home at 5.40am on the morning of Sunday 13th October for morning Mass as he was a devoted Catholic and member of the Catholic Church of Assumption, Asokoro after which he went to a hotel by the name of Mildy Lodge and Apartments in Garki, Abuja.
According to the police he took a room at the hotel and spent some time there with an individual after which he apparently slumped and did in that individual’s presence. He was taken to Asokoro District Hospital, was pronounced dead upon arrival and has since been put in the hospital morgue.
The individual he was with at the time of his de ith in the hotel is now in police custody and I have insisted on a full criminal investigation of the matter and an autopsy. The hotel receptionist has also been detained by the police whilst both the manager and the owner of the hotel were invited for questioning earlier this week.
The entire hotel was also sealed up by the police for two days and the room in which he lodged remains sealed till today.
I have broken the sad news to his family, I have met with his wife Barrister Patience Ndifreke-Mark and his Uncle, Mr. Clement Mathias, (who represented his family) and I have also told them of my intention to ensure that, if indeed there is any foul play, justice is done and those behind it are brought to book.
Mark was like a son to me and his passing is a huge blow to me and my entire family. We shared many dreams and aspirations and fought many battles together shoulder to shoulder. Now he has gone it has left much pain but I give thanks to God for his life and for the 52 years that he spent on earth.
I have assured his wife and family of my intention to stand by them at this difficult time and to ensure that they do not lack or want for anything. I have absolute confidence in the FCT Police Command to get to the bottom of this matter after which we can proceed to bury a man that was my most loyal staff and most trusted aide.
Most important of all is the fact that he was a kind, reliable and compassionate soul who brought joy to many and who was incapable of hurting a fly. I will never forget him and though he has passed he lives on in our hearts. I thank all those that have found the time to come and mourn with us at this difficult time. May Ndifreke’s precious soul rest in peace and may the Lord comfort his wife and two beautiful young children.
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Investopedia
7 hrs
12
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Major U.S. equities indexes moved higher on the final day of a trading week that included a series of earnings reports from key companies.
After major financial firms disclosed mostly upbeat results earlier in the week, Netflix (NFLX) took the spotlight with a strong report that could be a positive signal for the tech and communications giants set to report in the coming weeks.
On Friday, the S&P 500 added 0.4% to notch an all-time closing high. The Dow reversed morning losses to end the session nearly 0.1% higher, extending its streak of record closes to three. The Nasdaq was up 0.6%.
Netflix shares scored the S&P 500's top daily performance, soaring 11.1% to an all-time high following the video-streaming giant's better-than-expected third-quarter financial results. Although the pace of subscriber additions slowed from the preceding quarters, 14% growth in total active subscribers was enough to edge out estimates. Analysts have indicated that the company's crackdown on password-sharing has helped boost subscriber numbers, but Netflix plans to discontinue the public release of subscriber data starting in 2025.
Shares of Lamb Weston Holdings (LW) surged 10.2% after a securities filing confirmed reports that activist investor Jana Partners has acquired a stake of around 5% in the food processing company. Jana reportedly intends to encourage the maker of frozen french fries to consider the possibility of a sale as well as push for changes to its operations and capital allocation strategy.
An upbeat earnings report also helped lift shares of Intuitive Surgical (ISRG), which jumped 10% after the provider of robotic-assisted systems for minimally invasive medical procedures topped quarterly sales and profit estimates. The company disclosed an 18% uptick in the number of procedures performed using its da Vinci surgical system. In the wake of the strong results, analysts at Piper Sandler lifted their price target on Intuitive Surgical stock to $538 from $495.
Agricultural stocks moved lower after Raymond James downgraded Canada-based grain processor Ag Growth International (AGGZF) to "market perform." Analysts said soft crop prices and weak sentiment among farmers amounted to significant headwinds for the global agricultural industry. Shares of fellow grain handler Bunge Global (BG) dropped 6.3%, the steepest decline in the S&P 500 Friday, while peer Archer-Daniels-Midland's (ADM) shares slide 3.8%. Ag Growth International's American depositary receipts (ADRs) were down 10.7%.
CVS Health (CVS) shares tumbled 5.2% following the announcement that the pharmacy giant is replacing its chief executive officer (CEO). Company veteran David Joyner, most recently in charge of the firm's pharmacy benefit manager (PBM), Caremark, is stepping into the top role, effective immediately. CVS also issued a lower-than-expected outlook for its third-quarter profit. The company is set to release its next quarterly results before the opening bell on Nov. 6.
SLB (SLB), the world's largest oilfield services company, reported mixed third-quarter results, topping profit expectations but falling short of revenue forecasts. The company, formerly known as Schlumberger, cautioned that depressed spending by oil producers in the context of a weak oil price environment could restrain its fourth-quarter revenue growth. SLB shares lost 4.7% on Friday.
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