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The Beautiful Moment Actress Mercy Aigbe Welcomed Her Daughter, Michelle, Home For Priscilla Ojos Wedding
~3.2 mins read
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Investopedia
Domino's Pizza Stock Slips As Weak Revenue, Outlook Cut Outweigh Strong Profit
~1.0 mins read
Domino's Pizza (DPZ) shares fell Thursday morning when the pizza delivery giant's better-than-expected profit was offset by a revenue miss and soft guidance.
The company reported third-quarter earnings per share (EPS) of $4.19, $0.59 above the consensus estimate of analysts surveyed by Visible Alpha. Revenue was up 5.1% year-over-year to $1.08 billion, but that was short of forecasts.
Domino’s said the performance was driven primarily by higher revenue from its supply chain, U.S. franchise advertising, and U.S. franchise royalties and fees. The company noted the supply chain gains came mostly from a rise in order volumes and an increase in the "food basket pricing to stores."
Gross margin at U.S. company-owned stores climbed 1.0 percentage point, which it attributed to "sales leverage due to higher customer transaction counts."
Chief Executive Officer (CEO) Russell Weiner explained that the results demonstrated the company's strategy is working "despite a pressured global marketplace."
Domino’s warned that full-year performance will be affected by a "challenging macroeconomic environment and its impact on current business trends across the globe." It now sees 2024 global retail sales growth of 6%, down from at least 7%.
Shares of Domino's Pizza, which were basically flat year-to-date through Wednesday's close, slipped about 2% soon after the opening bell.
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Futbol
'He Just Lost It' - How Costly Will Cunha's Red Card Prove?
~4.3 mins read
An FA Cup fifth-round defeat by Bournemouth was a disappointing blow for Wolves, but the impact of losing star forward Matheus Cunha for at least three Premier League matches may hurt even more. The 25-year-old had to be dragged down the tunnel and was unable to take part in the penalty shootout following his red card in the final minute of extra time for an unsavoury clash with Cherries defender Milos Kerkez. Wolves boss Vitor Pereira said: "Of course, the emotional side was very high and not only inside the pitch, but on the bench and in the stands, a lot of pressure everywhere. In the end it happens. "It should not happen, but this is something that happens in football." Both Matt Doherty and Boubacar Traore missed spot-kicks for Wolves in the 5-4 shootout defeat after a 1-1 draw over 120 minutes at Vitality Stadium. It was a dramatic climax to a game where Evanilson had put the Cherries ahead on his return from injury, before his fellow Brazilian Cunha levelled with a sensational equaliser from around 30 yards. However, Cunha's display went from magical to madness with a dismissal that will leave his side - fourth bottom in the Premier League - without their best player for crucial games in their relegation fight. The red-mist moment, where he clashed multiple times with Kerkez, including fighting, kicking out at the Hungarian full-back while he was on the ground and aiming a headbutt when Kerkez had got back to his feet. After being pulled away by team-mates, referee Sam Barrott eventually gave him a red card but a furious Cunha refused to leave the field, needing to be escorted and pushed down the tunnel. He will be suspended for three games following the red card for violent conduct, but additional games cannot be ruled out because of the severity of the incident and having already served a two-match ban for clashing with Ipswich Town security in December. Former Arsenal defender Martin Keown said on Match of the Day: "The ability he has is top level, the goal he scored belongs in the Champions League, but then suddenly we see the ugly. "I have not seen that on the football pitch since the 1970s - he just lost it. The referee had to send him off. They couldn't get him out of the ground. This was the ugly part and it is something he has to stop. "Wolves need points to stay up. He will be a huge loss." Wolves have what could be described as a favourable run of fixtures coming up against teams in the bottom half of the Premier League. But Cunha is certain to miss matches against Everton, bottom club Southampton and West Ham, while third-bottom Ipswich follow on 5 April. Wolves have built a five-point buffer over Ipswich and Leicester City after winning two of their past four league matches. But losing talisman Cunha will be a massive blow, given he is their top league scorer on 13 goals and their attacking inspiration in this troubled campaign. Cunha has been linked with a big-money move over the past year with Europe's top clubs keen, but he may be viewed as a loose cannon because of his antics. As well as his aggressive display at Bournemouth, in an unsavoury incident at Ipswich earlier in the season, Cunha elbowed a member of the Portman Road staff before snatching his glasses off his face. The Brazil forward is known to have a £62.5m release clause in place which may also put off suitors looking to secure a summer transfer. Wolves boss Pereira told BBC Match of the Day: "When the situation happened I was looking for the ball. "It means that I didn't see the situation, but football is emotional and the level was very high today. Not only inside the pitch, but outside [the pitch]. With a lot of pressure, and in the end these are things that can happen. "You know now he is frustrated, he is better in my opinion. I never speak to the team when we are nervous or frustrated. It is better to wait one day and think about everything. After we can have a talk. "Of course, he is an important player, but next game we play with 11 and start with 11." Speaking in his post-match news conference, he added: "Matheus is a special player and today he played extra time. The last three weeks he has a problem in the hamstring and he tried. "I didn't see the situation. Don't ask me about it because I was looking at the other end. In the end the referee decided the red card." Asked about whether Cunha deserves another chance, Pereira added: "Of course, he is important but I cannot speak about what I don't know. It is important to check the situation, to look for what happened because I was looking for the other side. "The others say to me he kick, he punch, he do what he did with the head and the player went to hospital? No, OK. But it is a situation that cannot happen of course. "To judge the situation, I must have the clear image in my mind." Bournemouth boss Andoni Iraola criticised the decision to show Kerkez a yellow card in the Cunha clash. It was was the defender's second in this season's FA Cup and means he will be banned from playing in the quarter-final tie. "Milos Kerkez has received a yellow card for adopting an aggressive attitude," said Iraola. "After what they have done to Milos Kerkez, they should reward him because [of] the attitude he has. "They punch him, they kick him on the floor, they headbutt him and he doesn't react! You punish this? I will have to say to Milos [that] probably I cannot do as well as a player. "The prize is they show him a yellow card and he will not play the quarter-final. Yes, I am very disappointed with the refereeing."
All thanks to BBC Sport
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News_Naija
Onne Terminal Receives 6, 606-foot Capacity Vessel
~2.3 mins read
The Onne Multipurpose Terminal in Rivers State has successfully hosted a 6,606-foot equivalent unit vessel named Kota Carum. The terminal operator announced this in a statement on Monday. It added that the vessel is the largest ever to berth at the Onne Federal Ocean Terminal. It said the milestone event further underscored OMT’s growing prominence as a hub for large-scale maritime trade in West Africa. According to the statement, flying the Singaporean flag, the vessel is owned by Pacific International Lines, one of Asia’s leading shipping companies. “The mega container vessel, measuring an impressive 301.43 meters in length overall, arrived at the OMT jetty utilising berths 9 and 10. Boasting a capacity of 6,606 TEUs, Kota Carum is a major addition to the line of large vessels now calling at Onne Port. “During its 55-hour port stay, the vessel will discharge 1,250 containers and load 1,619 containers, including export-bound cargo and empty containers,” the statement read in part. Speaking at a reception to welcome the vessel, Chief Operating Officer of OMT, Jim Stewart, described the call as a landmark event not only for the terminal but for Nigeria’s maritime industry at large. “We are honoured to receive the largest vessel to ever berth at Onne. Following the arrival of the Kota Cempaka last year, this achievement reflects our continued growth, our strategic investments in terminal infrastructure, and our unwavering commitment to operational excellence,” Stewart stated. Stewart emphasised that OMT’s ongoing modernisation efforts, including the acquisition of additional state-of-the-art cranes, have significantly enhanced cargo-handling capabilities and reduced vessel turnaround time. He noted the economic advantages of hosting such large vessels at Nigerian ports, explaining that direct calls by larger ships eliminate the need for transhipment via smaller feeder vessels, cutting down logistics costs and reducing freight tariffs for Nigerian importers and exporters. “This is not just a win for OMT; it’s a win for the Nigerian economy. The ability to berth larger vessels means more direct cargo movement, reduced logistics costs, and increased revenue for the country. Freight forwarders also benefit significantly, as they avoid the extra costs associated with transhipment,” he said. Stewart also expressed appreciation to the Nigerian Ports Authority for its vital support in creating an enabling environment for OMT to thrive. He called on the Federal Government to allocate more funding for channel dredging at the Onne Port to accommodate even larger vessels and further boost trade volumes. “We are fully prepared to receive vessels from any shipping line. But for us to unlock the full potential of Onne Port, additional dredging is essential. We urge the Federal Government to support NPA with the necessary resources to deepen and widen the channels,” Stewart appealed. Also speaking at the event, the Chief Pilot of Onne Port, Yakubu Ezra, reaffirmed NPA’s technical readiness to handle large vessels. “At the NPA, we are fully equipped both in training and technology to safely pilot large vessels into our ports. The successful berthing of Kota Carum is evidence of our capacity and professionalism,” Ezra said. The successful hosting of Kota Carum marks a significant leap forward for OMT and positions Onne Port as a viable gateway capable of accommodating global trade routes. As more shipping lines look toward West Africa, OMT’s infrastructure, efficiency, and strategic location continue to attract increasing volumes of international maritime traffic.
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