Live Updates: Biden's lead grows in Pennsylvania

Georgia’s Congressional Republicans Can’t Spell ‘Georgia’ In Vote Fraud Letter

Current and newly elected Republican members of Congress from Georgia pushed the state Tuesday to review what they called “irregularities that cloud the state’s election.”

No surprise there. The GOP delegation is falling in lockstep behind lame duck President Donald Trump’s lies about a stolen election to explain his defeat to President-elect Joe Biden.

But the letter might have carried more weight if the House representatives had spelled “Georgia” correctly. Their request addresses Secretary of State Brad Raffensperger, a Trump-endorsed Republican overseeing the vote-counting in the state, as the George secretary of state. 

Georgia’s votes for president are still being counted and the neck-and-neck tally is headed for a recount. Still, Raffensperger said he expected the final outcome to show Biden the winner by a thin margin.

Georgia’s Republican Sens. David Perdue and Kelly Loeffler, who will compete in runoffs in January, also hurled false allegations of election fraud and called for Raffensperger to resign after GOP candidates underperformed in the state. Raffensperger, who said he joined the senators in being “unhappy with the potential outcome for our President,” called Georgia’s elections “transparent” and “orderly.”

As for the state of George, well, Twitter elected to mock the misspelling.

Stock Alert: Model N Declines 11%

Shares of revenue management cloud solutions provider Model N, Inc. (MODN) are down more than 11% despite better-than-expected earnings in the fourth quarter.

The company reported adjusted earnings of $0.14 per share, that beat the average estimate of analysts polled by Thomson Reuters at $0.09 per share.

Revenues were $41.5 million, an increase of 13% from last year.

The company sees first quarter revenue to be in the range of $40.2 million- $40.6 million and adjusted EPS to be in the range of 0.05 – 0.08. The consensus estimate for EPS is at $0.10 and for revenue at $41.37 million.

For the full-year, the company sees revenue of $170 million – $172 million adjusted earnings to be in the range of $0.27 – $0.35. Analysts polled by Thomson Reuters expect the company to report earnings of $0.43 per share on revenue of $174.55 million.

MODN stock is currently at $31.28 and has been trading in the range of $15-$44.56 in the past 52 weeks.

Lebanon to Impose Nationwide Lockdown as Virus Strains Hospitals

Lebanon plans to impose a full lockdown from Nov. 14 until the end of this month to give the health sector, already reeling under strain from the financial crisis, time to avoid a collapse as the country witnesses a spike in the coronavirus cases.

“Today, we have reached a red line with the number of cases and a very dangerous phase amid the inability of hospitals, both public and private, to receive critical cases,” outgoing Premier Hassan Diab said.

The government had been trying to avoid a total lockdown to spare businesses the pain of closure, imposing a partial one that officials say failed to stem the outbreak. Lebanon has so far reported about 95,000 cases.

‘RHONY’ star Ramona Singer is getting a new job

Savvy entrepreneur and Bravo “Real Housewives of New York City” star Ramona Singer is moving on from branded Pinot Grigio and skincare to … selling high-end real estate.

The bubbly blonde is studying for her New York real estate license, a source told Gimme. She doesn’t have it yet, but when she does, she is slated to join Michael Lorber’s star team at Douglas Elliman.

Singer got to know Douglas Elliman by choosing the firm to rep her when she sold her Upper East Side apartment for $4 million.

The four bedroom, three-and-a-half bathroom condo first came on the market in 2018, asking $4.9 million and sold last year.

She had bought the 2,468 square foot unit at 201 E. 80th St. with her then-husband, Mario Singer, for $1.42 million in 1998.

The unit features 9-foot three-inch beamed ceilings, crown moldings, an eat-in chef’s kitchen and floor to ceiling windows showcasing city views. Building amenities include a landscaped roof garden.

Singer is currently renting a unit at 260 E. 66th St., the Solo Tower, sources say.

Share this article:

Apollo Management Says Does Not Intend To Make Offer For William Hill – Quick Facts

Apollo Management International LLP confirmed Thursday that it does not intend to make an offer for British betting and gaming company William Hill plc (WMH.L).

In late September, William Hill plc, U.S-based gaming-entertainment company Caesars Entertainment, Inc. (CZR) and Caesars UK Holdings, a subsidiary of Caesars, said they reached agreement on the terms of a recommended cash acquisition pursuant to which Caesars UK shall acquire the entire issued and to be issued share capital of William Hill.

Under the deal, William Hill shareholders shall be entitled to receive 272 pence in cash for each William Hill share. The deal values the entire issued and to be issued share capital of William Hill at approximately 2.9 billion pounds.

The completion of the deal is expected to take place in the second half of 2021.

Prior to that, on September 25, William Hill had confirmed it received separate cash proposals from Apollo Management and Caesars Entertainment.

Live Updates: Biden's lead grows in Pennsylvania

Trump campaign spokesman calls Pennsylvania presidential election ‘unconstitutional’

Trump 2020 communications director Tim Murtaugh on lawsuits the campaign has filed in Pennsylvania, other battleground states.

Presidential-elect Joe Biden is now leading President Trump by more than 50,000 votes in Pennsylvania.

Trump is currently contesting the results of the election in the state days after Biden was declared a winner. 

Biden has the lead by 50,481 votes, eeking ahead by a 0.75% margin– just over the .5% needed for a losing candidate to request a recount. 

Still, this hasn't deterred Trump from forging ahead with election lawsuits in several battleground states, including Arizona, North Carolina, and Georgia. 

Follow below for more updates on the 2020 presidential election. Mobile users click here.