Amazon In Talks To Buy Podcaster Wondery – Report
Four-year-old Wondery, whose popular podcasts include Dr. Death, Dirty John, Over My Dead Body, Business Wars and American History Storytellers. is one of the last big independents in the market with investors that include Waverley Capital, Lerer Hippeau Ventures, Greycroft Partners and Advancit Capital.
The talks could still fall apart, the WSJ said Wednesday, citing sources close to the situation.
Reps from West Hollywood-based Wondery and Amazon declined to to comment. Reports the company was for sale began circulating earlier this month. Apple and Sony are also said to have kicked the tires about a possible deal.
Wondery’s founder and CEO Hernan Lopez, is one of two former Fox executives charged in March with money laundering and wire fraud for alleged bribes relating to broadcast rights to soccer events. He pled not guilty. Federal prosecutors charged Lopez and fellow Fox executive Carlos Martinez with paying millions in bribes to help secure rights to Latin American soccer tournaments as well as the 2018 and 2022 World Cup games in the U.S.
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Plane on way to Wellington from Invercargill struck by lightning
An Air New Zealand plane was struck by lightning this morning.
A spokesperson for the airline has confirmed the Wellington bound Dash Q300 had to turn back to Invercargill.
The plane will now be assessed by engineers in Invercargill.
Customers have been re-accommodated on other services.
PVH Corp. Q3 adjusted earnings Beat Estimates
PVH Corp. (PVH) reported earnings for third quarter that dropped from last year.
The company’s bottom line totaled $69.8 million, or $0.98 per share. This compares with $209.2 million, or $2.82 per share, in last year’s third quarter.
Excluding items, PVH Corp. reported adjusted earnings of $94.2 million or $1.32 per share for the period.
Analysts had expected the company to earn $0.24 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.
The company’s revenue for the quarter fell 17.3% to $2.01 billion from $2.43 billion last year.
PVH Corp. earnings at a glance:
-Earnings (Q3): $94.2 Mln. vs. $229.5 Mln. last year.
-EPS (Q3): $1.32 vs. $3.10 last year.
-Analysts Estimate: $0.24
-Revenue (Q3): $2.01 Bln vs. $2.43 Bln last year.
Synopsys, Inc. Q4 adjusted earnings Beat Estimates
Synopsys, Inc. (SNPS) reported earnings for its fourth quarter that increased from last year.
The company’s profit came in at $197.46 million, or $1.26 per share. This compares with $160.71 million, or $1.04 per share, in last year’s fourth quarter.
Excluding items, Synopsys, Inc. reported adjusted earnings of $247.68 million or $1.58 per share for the period.
Analysts had expected the company to earn $1.57 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.
The company’s revenue for the quarter rose 21.2% to $1.03 billion from $0.85 billion last year.
Synopsys, Inc. earnings at a glance:
-Earnings (Q4): $247.68 Mln. vs. $177.07 Mln. last year.
-EPS (Q4): $1.58 vs. $1.15 last year.
-Analysts Estimate: $1.57
-Revenue (Q4): $1.03 Bln vs. $0.85 Bln last year.
Next quarter EPS guidance: $1.44 – $1.49
Next quarter revenue guidance: $935 – $965 Mln
Kellogg Updates Pringles With New, Refreshed Look
Kellogg Company (K) Wednesday unveiled an updated, fresh and new look for its iconic Pringles.
According to the company, the new look features bold hues and a clean design, highlighting the crisps’ inventive flavors and unique, stackable shape.
Pringles also streamlined its mustachioed mascot to better highlight the flavors in every can and showcase his new range of emotions to match.
“We spent the last two years in research and design to create a modern look for the cans and Mr. P’s style that reflects the bold flavor in every Pringles crisp and stack,” said Gareth Maguire, senior director of marketing for Pringles. “While the look may be new on the outside, I’m proud to say that it doesn’t change the irresistible taste that’s always been on the inside of every Pringles can and celebrates the unique snacking experience that is part of every bite.”
Pringles have partnered with Victor Cruz to celebrate the brand evolution and help launch a national sweepstakes giving fans the chance to win their own end of 2020 “glow up” – just in time for the holidays.
“Just like Mr. P, I’ve spent the past few years evolving – from football champion to entertainment personality with a passion for style,” said Victor Cruz. “I’ve always been a fan of the brand’s bold taste, and the Pringles brand refresh matches the inventive flavors I know and love. I think the ‘Get Fresh As Mr. P’ sweepstakes is the perfect way to kickstart the new year and give yourself that personal “Glow Up,” whatever that may mean for you.”
Australian State Investigates First Covid Case in 25 Days
Australia’s New South Wales state has recorded its first new case of the coronavirus in 25 days after a woman working at a quarantine hotel in Sydney tested positive.
Authorities are investigating whether she became infected in the community or through work at the facility, the state health department said in a statement Thursday. The woman’s five family members were tested overnight and all returned a negative result for the virus.
Australia has largely controlled the spread of community transmission, but health experts say there is no room for complacency due to an ongoing risk of the virus entering the community from returned overseas travelers — despite a mandatory system of hotel quarantine. More than 30,000 Australians, many living in Europe and the U.S. where the virus is rampant, are waiting to return home.
Bungled security at quarantine hotels in Victoria, which reportedly included guards sleeping with guests, saw the virus escape into the community — leading to a three-month lockdown in Melbourne. Meanwhile, in neighboring South Australia, authorities are investigating how two security guards, a cleaner and two returned travelers contracted the virus while in hotel quarantine — seeding a cluster of infections in the state capital Adelaide.