Hornbach Q3 Adj. EBIT Rises; Confirms Full-year Forecast For 2020/21 – Quick Facts

Price of The Weeknd’s California mansion slashed by $3M

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The asking price for The Weeknd’s California mansion has been slashed by $3 million.

The “Blinding Lights” singer originally listed his 12,500-square-foot Hidden Hills estate at nearly $25 million in June, but hasn’t had any luck closing the deal.

Now, the Canadian singer’s luxurious home is up for sale at just under $22 million, still $4 million more than what he purchased it for in 2017, according to Robb Report.

The Weeknd’s compound has 9 bedrooms and 11 bathrooms, plus a massive climate-controlled wine cellar that has disco-style LED lighting, according to the luxury-lifestyle magazine.

The home also features a five-car garage decked out with LED lights, white marble fireplaces in the living and dining rooms, and a gourmet kitchen with state of the art stainless appliances.

Other features include a home theater, a gym, a large pool and a full-size basketball court.

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Pat Robertson Tells Trump: ‘You’ve Had Your Day And It’s Time To Move On’

Pat Robertson has a unexpected message for President Donald Trump: He should forget about overturning the election.

On “The 700 Club” Monday, the evangelical leader and former Republican presidential candidate discussed Trump’s slim and unrealistic chances of nullifying President-elect Joe Biden’s win and suggested the president face reality.

Robertson praised Trump’s ability to raise money and draw crowds but also said the president “lives in an alternate reality,” adding, “He doesn’t lie ― to him, that’s the truth.”

Robertson then conceded that Trump is “very erratic,” which makes dealing with him “a mixed bag” before suggesting the president’s day is done.

“I think it will be well to say, ’You’ve had your day and it’s time to move on,’” he said.

While Robertson conceded Biden was going to be the next president, he didn’t sound confident that the president-elect would be in office long: “I also think we’ll be seeing a President Kamala Harris not too long after the inauguration of President Biden.”

You can watch Robertson’s complete comments here:

The fact that a top evangelical leader actually suggested Trump should move on didn’t go unnoticed on Twitter.

Israel’s Knesset on Brink of Disbanding After Budget Delay Nixed

Israel’s government appeared to be hours from collapse early Tuesday after parliament narrowly rejected a bill to defer a midnight deadline for approving the country’s budget.

If a spending plan isn’t passed by that cutoff, the Knesset automatically dissolves and a fourth election in two years will be called with the country in the midst of a coronavirus-related health and economic crisis. By a vote of 49-47, lawmakers rejected the bill to put off the deadline until Dec. 31.

A March 16 election date has been preliminarily approved, but political commentators have said the vote is more likely to be held March 23.

The budget crisis erupted after Prime Minister Benjamin Netanyahu balked at honoring his coalition agreement to approve a spending plan through 2021. A budget for this year alone would give him leeway to bring down the government over the 2021 spending plan, before Defense Minister Benny Gantz is to take over as premier next November under their power-sharing agreement.

Gantz came under stiff pressure from within his Blue and White party to make no further concessions to Netanyahu to keep their tense seven-month-old partnership alive. Among other things, Netanyahu sought to influence law-enforcement appointments as he prepares to take the stand in his corruption trial in February, Israeli media reported.

Japan PM Suga aims to meet with Biden as soon as possible

FILE PHOTO: Yoshihide Suga, Japan’s prime minister, speaks during a joint news conference at Suga’s official residence in Tokyo, Japan, Nov. 17, 2020. Kiyoshi Ota/Pool via REUTERS

TOKYO (Reuters) – Japanese Prime Minister Yoshihide Suga said on Tuesday he wanted to meet with U.S. President-elect Joe Biden as soon as possible to discuss the U.S.-Japan security alliance, the coronavirus pandemic and global warming.

Suga, speaking at a symposium, also said Japan was preparing to implement thorough coronavirus prevention measures for the Summer Olympics next year.

UK, France to set out plan to restart freight -BBC

FILE PHOTO: France’s Europe minister, Clement Beaune, wearing a protective face mask, leaves following a weekly Cabinet meeting at the Elysee Palace in Paris, France, July 29, 2020. REUTERS/Benoit Tessier/File Photo

LONDON (Reuters) – The United Kingdom and France will set out a plan to restart freight after British Prime Minister Boris Johnson and French President Emmanuel Macron agreed measures to reopen the French border, the BBC reported.

The measures will come into effect from Wednesday, the BBC said, citing French Europe Minister Clement Beaune.

Hornbach Q3 Adj. EBIT Rises; Confirms Full-year Forecast For 2020/21 – Quick Facts

Hornbach Holding AG & Co. KGaA reported that its third quarter net profit increased to 40.9 million euros from 23.4 million euros, prior year. Earnings per share was 2.14 euros compared to 1.30 euros. EBIT adjusted to excluded non-operating earnings items (adjusted EBIT) increased by 59.9% to 66.9 million euros.

Third quarter consolidated sales rose by 20.3% to 1.37 billion euros. The Group noted that the closure of stores to the general public in Austria and the Czech Republic in October and November 2020 had no noticeably negative impact on its quarterly figures.

For 2020/21, the company still expects consolidated sales to show growth in a corridor of between plus 13% and plus 17%. The Board expects adjusted EBIT to range between 290 million euros and 360 million euros.