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Imperial Security is Setting the Bar of Services Very High
The Boston Celtics will be looking to avoid losing back-to-back games for the first time this season when they face the visiting Detroit Pistons on Thursday. The Celtics haven't played since they dropped a 127-121 decision to the Memphis Grizzlies on Saturday at home. Boston overcame a 14-point second-half deficit to take a four-point lead in the fourth quarter but couldn't keep pace in the final minutes. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. The rise in young business ownership across the U.S. signals a shifting entrepreneurial landscape, with younger Americans increasingly taking the leap into self-employment. Analyzing the newest data available from the U.S. Census Bureau, researchers identified the U.S. metros and states with... Click for more. Cities With the Most Business Owners Under 40Stonehill earns 90-83 win over New HampshireWhales with a lot of money to spend have taken a noticeably bearish stance on Zscaler . Looking at options history for Zscaler ZS we detected 21 trades. If we consider the specifics of each trade, it is accurate to state that 9% of the investors opened trades with bullish expectations and 80% with bearish. From the overall spotted trades, 2 are puts, for a total amount of $128,915 and 19, calls, for a total amount of $1,446,125. Projected Price Targets After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $145.0 and $220.0 for Zscaler, spanning the last three months. Analyzing Volume & Open Interest Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Zscaler's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Zscaler's whale trades within a strike price range from $145.0 to $220.0 in the last 30 days. Zscaler 30-Day Option Volume & Interest Snapshot Noteworthy Options Activity: Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume ZS PUT SWEEP BULLISH 08/15/25 $7.2 $7.05 $7.05 $145.00 $97.9K 0 140 ZS CALL TRADE BEARISH 06/20/25 $48.25 $47.9 $47.9 $150.00 $91.0K 2.7K 92 ZS CALL TRADE BEARISH 06/20/25 $48.05 $47.75 $47.75 $150.00 $90.7K 2.7K 20 ZS CALL TRADE BEARISH 06/20/25 $47.8 $47.5 $47.5 $150.00 $90.2K 2.7K 158 ZS CALL TRADE BEARISH 06/20/25 $47.7 $47.4 $47.4 $150.00 $90.0K 2.7K 111 About Zscaler Zscaler is a software-as-a-service, or SaaS, firm focusing on providing cloud-native cybersecurity solutions to primarily enterprise customers. Zscaler's offerings can be broadly partitioned into Zscaler Internet Access, which provides secure access to external applications, and Zscaler Private Access, which provides secure access to internal applications. The firm is headquartered in San Jose, California, and went public in 2018. Having examined the options trading patterns of Zscaler, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance Current Position of Zscaler With a volume of 373,425, the price of ZS is down -0.66% at $186.03. RSI indicators hint that the underlying stock may be approaching oversold. Next earnings are expected to be released in 63 days. Expert Opinions on Zscaler In the last month, 5 experts released ratings on this stock with an average target price of $229.0. Turn $1000 into $1270 in just 20 days? 20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access .* Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for Zscaler, targeting a price of $240. * Maintaining their stance, an analyst from Piper Sandler continues to hold a Overweight rating for Zscaler, targeting a price of $235. * An analyst from Wells Fargo persists with their Equal-Weight rating on Zscaler, maintaining a target price of $190. * Maintaining their stance, an analyst from Keybanc continues to hold a Overweight rating for Zscaler, targeting a price of $250. * Consistent in their evaluation, an analyst from Canaccord Genuity keeps a Buy rating on Zscaler with a target price of $230. Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Zscaler with Benzinga Pro for real-time alerts. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
LONDON , NEW YORK , and SYDNEY , Dec. 22, 2024 /PRNewswire/ -- DAZN , a world-leading sports entertainment platform, has today announced an agreement to acquire Foxtel Group (' Foxtel ') from its majority shareholder News Corp and minority shareholder Telstra at an enterprise value of US$2.2 billion , subject to regulatory approval. The acquisition establishes DAZN as a leader in sports entertainment in Australia – a highly attractive sports market – while also expanding DAZN's global footprint and enhancing the group's standing as the global home of sport. The addition of Foxtel to DAZN brings the Group's pro-forma revenues towards US$6 billion and provides the additional content, expertise, and expansion opportunities to accelerate DAZN's growth trajectory. Foxtel is one of Australia's leading media companies, with 4.7 million subscribers, who will benefit from DAZN's extensive portfolio of sports content, platform technology, and global reach. From its beginnings as Australia's original pay-TV innovator, Foxtel has evolved to become a digital and streaming leader in sports and entertainment and the proposed transaction positions Foxtel for continued expansion as a digital-first, streaming-focused business. Foxtel will maintain its local character, led by the CEO, Patrick Delany , and his world-class management team. DAZN, a sports streaming platform with a truly global reach, is committed to growing the global audience for domestic Australian sports across the 200 territories in which it is available. Under the terms of the transaction, News Corp and Telstra will become minority shareholders in DAZN, enabling them to retain an interest in Foxtel. Shay Segev , Chief Executive Officer of DAZN, said: "Australians watch more sport than any other country in the world, which makes this deal an incredibly exciting opportunity for DAZN to enter a key market, marking another step in our long-term strategy to become the global home of sport. Foxtel is a successful business that has undergone a remarkable digital transformation in recent years, and we are confident that our global reach and relentless pursuit of innovation will continue to drive the business forward and ensure long-term success. "We are committed to supporting and investing in Foxtel's television and streaming services, across both sports and entertainment, using our world-leading technology to further enhance the viewing experience for customers. We are also committed to using our global reach to export Australia's most popular sports to new markets around the world, and we will continue to promote women's and under-represented sports. "We're looking forward to working closely with Patrick Delany and his team, as well as News Corp and Telstra as shareholders in DAZN, to realise our ambitious vision for the future of sport entertainment." Siobhan McKenna , the Chairman of Foxtel , said the agreement with DAZN was international recognition of the transformation of Foxtel from an incumbent pay TV operator to a sports and entertainment digital and streaming leader. "Over the last seven years the Foxtel team, with the strong support of News, have achieved an extraordinary turnaround in an intensely competitive environment." Foxtel Group CEO, Patrick Delany , said: "Today's announcement is a natural evolution for the Foxtel Group, having reinvented the company over the past five years as Australia's most dynamic technology-led streaming company. "Kayo and Foxtel provide Australian sports fans with access to the best Australian and international sport and shows, including AFL, NRL and Cricket with 4.7 million subscribers. "We are excited by DAZN's commitment to the Australian market. They are experts in the sports media business and can play a significant role in supporting Foxtel as the business grows its streaming capabilities, bringing a bigger and better service to customers across entertainment, news and sport. They are a perfect match for us as we look toward this next era of growth. "We have been grateful for the support of News Corp while we reimagined the future of Foxtel. In 2019, when we merged Foxtel and Fox Sports we had many people questioning our future. "After launching Kayo later in 2019 and BINGE in 2020, today we are the largest Australian-based streamer of sport and entertainment, we have stabilised our Foxtel base and launched Hubbl to help consumers find all the streamed content they love all in one place. This wouldn't have been possible without the support and encouragement of News Corp." NOTES TO EDITORS About DAZN As a world-leading sports entertainment platform, DAZN streams over 90,000 live events annually and is available in more than 200 markets worldwide. DAZN is the home of European football, women's football, boxing and MMA, and the NFL internationally. The platform features the biggest sports and leagues from around the world – Bundesliga, Serie A, LALIGA, Ligue 1, Formula 1, NBA, Moto GP, and many more including the 2025 FIFA Club World Cup. DAZN is transforming the way people enjoy sport. With a single, frictionless platform, sports fans can watch, play, buy, and connect. Live and on-demand sports content, anywhere, in any language, on any device – only on DAZN. DAZN partners with leading pay-TV operators, ISPs and Telcos worldwide to maximise sports exposure to a broad audience. Its partners include Deutsche Telekom, Orange, Sky, Movistar, Telenet, Vodafone, and many more. DAZN is a global, privately-owned company, founded in 2016, with more than 3,000 employees. The Group generated $3.2bn in revenue in 2023, having grown its annual revenues by over 50% on average from 2020 to 2023, through diverse revenue streams comprising subscriptions, advertising, sponsorship, and transactional. For more information on DAZN, our products, people, and performance, visit www.dazngroup.com . About Foxtel The Foxtel Group is one of Australia's leading media companies with 4.7 million subscribers. Its businesses include subscription television, streaming, sports production and advertising. The Foxtel Group is owned 65% by News Corp and 35% by Telstra. The Foxtel Group's diversified business includes Fox Sports, Australia's leading sports production company, famous for live sports and shows with the best commentators and personalities. It is also the home of local and global entertainment content and continues to be the partner of choice for the widest range of sports and international content providers based on established, long-term relationships, growing streaming audiences, and position as the largest Australian-based subscription television company. View original content: https://www.prnewswire.com/news-releases/dazn-advances-global-expansion-with-acquisition-of-foxtel-a-leading-australian-sports-and-entertainment-media-group-302337994.html SOURCE DAZNDAZN ADVANCES GLOBAL EXPANSION WITH ACQUISITION OF FOXTEL, A LEADING AUSTRALIAN SPORTS AND ENTERTAINMENT MEDIA GROUP
Step up trillion-dollar economy efforts, seek expert help: CM YogiNone
Rising cases of myopia cause for concernAs reported, there was disorder in the town centre over the weekend, with police enforcing a dispersal zone to break up any further potential troublemakers. The Star was told of reports that youths were brawling on Saturday night, resulting in a large police presence swooping on the Corporation Street bus station. In a statement, Merseyside Police confirmed to the Star that an arrest was made on suspicion of a series of offences. The statement read: "We were called to St Helens Bus Station at around 8.15pm to reports of youths fighting. "Officers attended and a 18-year-old man from St Helens was arrested on suspicion of obstructing police; criminal damage to a vehicle; possession of Class B drugs and two counts of assaulting an emergency worker. "He has been conditionally bailed pending further enquiries." The dispersal zone was put in place in the area which is bounded by the A58 Linkway West, A58 Linkway East, Parr Street, Shaw Street, Hall Street, Standish Street, College Street, Duke Street, A570 Boundary Road and Kirkland Street. Dispersal zones are under Section 34/35 of the Anti-Social Behaviour & Policing Act 2014, which gives police officers the powers to direct people engaging in anti-social behaviour or are likely to become involved in such incidents and not return for up to 48 hours. Officers also have the power to seize items used for anti-social behaviour. Neighbourhood Policing Inspector Josh Griffiths said: “We have introduced this order in response to anti-social behaviour carried out by youths in St Helens town centre over the weekend. “We have increased patrols in the area to deal with any issues, and this dispersal zone gives officers extra powers to approach people they suspect may be there to commit anti-social behaviour or other crimes. “This order is to ensure residents and businesses are not subjected to any such behaviour, and I would ask people to continue reporting any concerns and we will take action. “I would urge parents and guardians to know where young people in your care are, to further assist us in dealing with those who cause trouble. “If you witness any anti-social behaviour or have any information about such incidents, please contact or speak to our officers and we will take action.”
After multiple Helena businesses sued the city for its street assessment policy, the city approved a settlement Monday that will cost it nearly $200,000 and require future policy change. The lawsuit – RGB, et al. v. City of Helena – was filed in 2022 by three Helena business owners who alleged the way Helena calculated how much to bill properties within a street district violated Montana law. Petitioners demanded Helena refund them and other similar property owners for their assessments and change the policy. They were represented by Michael Green of Crowley Fleck. As of Dec 9, the petitioners are as follows: There’s one overarching street district the city uses to assess property. Every building within that street district is sorted into a category, such as commercial and residential, which comes with a yearly price tag. That money is meant to go toward maintaining and building Helena roads. However, plaintiffs argued the city was unfairly slotting buildings into the commercial category, which charged more per year than any other group, according to documents filed early 2022 by Green. The city reasoned commercial buildings generated more wear and tear on the roads due to higher foot traffic, city documents state. As the plaintiffs’ buildings were assessed, three buildings were paying the full commercial rates on massive chunks of underdeveloped land, an attorney for the city, Murry Warhank, said Monday. They were being charged a commercial rate for land that wasn't used for commercial business. While there were other allegations, some were settled early on in summary judgment with District Court Judge Christopher Abbott. On Dec. 9, city commissioners approved a settlement deal 5-0 that would refund the plaintiffs $193,126.11 for prior assessments. It also agreed to change its methodology for charging buildings in the future. A proposed change is to create more caveats for businesses that are partially underdeveloped, Warhank said. The city isn't bound to the proposed changes recommended by the settlement agreement, documents state, but plaintiffs would be allowed to continue the lawsuit to trial if the city creates its own changes that plaintiffs didn't agree with. If the commissioners hadn’t approved the settlement, the lawsuit would have returned to civil court, Warhank told city commissioners Monday. The goal is for codes to be updated before the next street assessment, which usually happens during the summer, Warhank said. While this was a major milestone, there are still a few steps left in the settlement process, city spokesman Jacob Garcin said via email. The settlement agreement will need to be signed by all parties, including individual plaintiffs. Payment also needs to be issued, and the City Commission needs to consider and approve changes to street assessment methodology. If all the steps are followed and the city either approves the recommended changes or finds new ones the plaintiffs agree to, a motion to dismiss the case with prejudice would be filed, ending the lawsuit. Green, who represented the plaintiffs, did not respond to request for comment before publication.The Miami Dolphins (6-8) host the San Francisco 49ers (6-8) at Hard Rock Stadium on Sunday, December 22, 2024. What channel is 49ers vs. Dolphins on? What time is 49ers vs. Dolphins? The 49ers and the Dolphins play at 4:25 p.m. ET. NFL STATS CENTRAL: The latest NFL scores, schedules, odds, stats and more. 49ers vs. Dolphins betting odds, lines, spread 49ers vs. Dolphins recent matchups 49ers schedule Dolphins schedule NFL week 16 schedule This content was created for Gannett using technology provided by Data Skrive.
Aziz Shamuratov Listen below or on the go on Apple Podcasts and Spotify The department store chain accepts at $6.5B buyout offer. (0:16) The Container Store files for Chapter 11 . (1:15) U.K. looks to facial recognition to limit social media use. (4:46) This is an abridged transcript of the podcast. Our top story so far. Department store chain Nordstrom ( NYSE: JWN ) has accepted a $6.25 billion all-cash buyout offer to end its 53-year run as a publicly traded company. Operators signed a deal with Erik, Pete, Jamie Nordstrom and other members of the Nordstrom family and El Puerto de Liverpool, S.A.B. de C.V. ( OTCPK:ELPQF ). Following the close of the transaction, the Nordstrom family will have a majority ownership stake in the company. Common shareholders will receive $24.25 per share. In addition, the board intends to authorize a special dividend of up to $0.25 per share immediately before and contingent on the close of the transaction. Nordstrom first went public in August 1971. At that time, it offered shares under the name "Nordstrom Best" and was recognized as the West Coast's largest volume fashion specialty store shortly thereafter, with annual sales surpassing $100 million by 1973. The company then formally changed its name to Nordstrom, Inc. Shares of the retailer peaked in 2015. In addition, the Container Store Group ( OTC:TCSG ) filed for Chapter 11 after 46 years in business. The company plans to implement a recapitalization transaction to bolster its financial position, fuel growth initiatives, and drive enhanced long-term profitability. CEO Satish Malthora said, "The Container Store is here to stay. Our strategy is sound, and we believe the steps we are taking today will allow us to continue to advance our business, deepen customer relationships, expand our reach, and strengthen our capabilities." Looking to the economy, November durable goods orders (moved a day earlier due to the shortened trading day on Christmas Eve) sank more than expected. New orders of durable goods fell -1.1% M/M , reversing from a 0.8% increase in October, which was revised up from 0.2%. The forecast was for a drop of -0.3%. Core durable goods, which excludes transportation, saw orders tick down -0.1% vs. a 0.2% rise in October and a +0.3% rise expected. Nondefense new orders for capital goods dipped 0.3% during the month. Pantheon Macroeconomist Samuel Tombs notes: “A slump in aircraft orders was responsible for nearly all the drop in headline durable goods orders. In addition, orders ex-transportation were held back by a 12% decline in defense orders.” “The somewhat better performance of orders compared to shipments in November might reflect businesses starting to place orders for delivery in a few months time, in order to lock in prices ahead of potential import tariffs.” In addition, the Conference Board’s measure of consumer confidence unexpectedly fell to 104.7 in December from 112.8 in November. Economists predicted a small rise to 113 with a change in the White House ahead. But the Expectation Index sank 12.6 points to 81.1 points, just above the threshold of 80 that usually signals a recession ahead. The Present Situation Index fell by 1.2 points to 140.2, and Tombs said: “Households have become more downbeat on future business and employment conditions, as well as income expectations. The cutoff for the survey was December 16, before the FOMC meeting and the associated drop in stock prices, so we think the deterioration likely reflects the incoming administration starting to talk about spending cuts, which were not part of Mr. Trump's election pitch.” Among active stocks today, the fact that a federal jury ruled in favor of Qualcomm ( QCOM ) on two of three counts in its lawsuit with Arm Holdings ( ARM ) is seen as a "clear win" for the San Diego-based chipmaker. Bernstein analyst Stacy Rasgon says, "At this point Qualcomm’s roadmap (and their license?) appear safe." Perhaps most importantly, the third question that the jury decided on — whether Qualcomm's CPUs that use designs from Nuvia are licensed under Qualcomm's Arm architectural license — was a big decisive victory, Rasgon added. Xerox ( XRX ) said it will acquire Lexmark International from Ninestar , PAG Asia Capital and Shanghai Shouda Investment Centre in a $1.5 billion deal. The deal is expected to be immediately accretive to earnings per share and free cash flow. And ResMed ( RMD ) and Inspire Medical Systems ( INSP ), two companies reliant on sleep apnea devices, are under pressure after Eli Lilly's ( LLY ) Zepbound gained an additional indication for sleep apnea in obese individuals . ResMed is a top manufacturer of CPAP machines, considered the gold standard treatment for sleep apnea. Inspire makes a neurostimulation implant for sleep apnea. In other news of note, social media companies will be expected to remove millions of underage users from their platforms using facial recognition age checks, according to John Higham, head of online safety policy at the U.K.'s communications watchdog Ofcom. Apps like Meta's ( META ) Facebook, Instagram, TikTok ( BDNCE ), and Snapchat ( SNAP ) could face multi-billion-pound fines under the Online Safety Act if they fail to protect children from harmful content online. According to Ofcom estimates, around 60% of children aged 8-11 years - about 1.6M kids - in the U.K. have social media accounts despite the apps having a minimum 13-year age limit. And a third of children aged 5-7 are reportedly using social media unsupervised. Higham said in a newspaper interview: "It doesn't take a genius to work out that children are going to lie about their age," adding that Ofcom will announce plans next month detailing how apps would be expected to handle the issue. "The sort of thing we might look to is some facial age estimation technology that we see companies bringing in now, which we think is really pretty good at determining who is a child. We will expect the technology to be highly accurate and effective," he said. And in the Wall Street Research Corner, Goldman’s equity team introduced a model to pick industries that are poised to outperform an equal-weighted index by 5 percentage points or more “to identify ‘high conviction’ views with significant alpha potential.” Strategist David Kostin says: “Our model incorporates macro, fundamental, and valuation data as independent variables. We run the profit model for each sector separately and only include variables with statistical and economic significance. Our model does not capture fiscal policy changes or secular themes such as artificial intelligence.” The model's highest-conviction picks are in materials and in software and services, while it also currently recommends Overweights in health care, utilities and real estate. “Our model recommends a large number of defensive Overweights in part because of the level of economic growth optimism already priced into the equity market today,” Kostin said. Among the value stock picks in those sectors are Akamai ( AKAM ) and IBM ( IBM ) in software, Mosaic ( MOS ) and Eastman Chemical ( EMN ) in Materials, NRG Energy ( NRG ) and ConEd ( ED ) in Utilities and Biogen ( BIIB ) in Healthcare. Growth names include Palantir ( PLTR ) and ServiceNow ( NOW ) in software, FreeportMcMoRan (FRE) in Materials, Realty Icome ( O ) in Real Estate and Merck ( MRK ) and Lilly ( LLY ) in Healthcare. Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.Bitcoin buzz reverberates
Imperial Security is Setting the Bar of Services Very High
The Boston Celtics will be looking to avoid losing back-to-back games for the first time this season when they face the visiting Detroit Pistons on Thursday. The Celtics haven't played since they dropped a 127-121 decision to the Memphis Grizzlies on Saturday at home. Boston overcame a 14-point second-half deficit to take a four-point lead in the fourth quarter but couldn't keep pace in the final minutes. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. The rise in young business ownership across the U.S. signals a shifting entrepreneurial landscape, with younger Americans increasingly taking the leap into self-employment. Analyzing the newest data available from the U.S. Census Bureau, researchers identified the U.S. metros and states with... Click for more. Cities With the Most Business Owners Under 40Stonehill earns 90-83 win over New HampshireWhales with a lot of money to spend have taken a noticeably bearish stance on Zscaler . Looking at options history for Zscaler ZS we detected 21 trades. If we consider the specifics of each trade, it is accurate to state that 9% of the investors opened trades with bullish expectations and 80% with bearish. From the overall spotted trades, 2 are puts, for a total amount of $128,915 and 19, calls, for a total amount of $1,446,125. Projected Price Targets After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $145.0 and $220.0 for Zscaler, spanning the last three months. Analyzing Volume & Open Interest Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Zscaler's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Zscaler's whale trades within a strike price range from $145.0 to $220.0 in the last 30 days. Zscaler 30-Day Option Volume & Interest Snapshot Noteworthy Options Activity: Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume ZS PUT SWEEP BULLISH 08/15/25 $7.2 $7.05 $7.05 $145.00 $97.9K 0 140 ZS CALL TRADE BEARISH 06/20/25 $48.25 $47.9 $47.9 $150.00 $91.0K 2.7K 92 ZS CALL TRADE BEARISH 06/20/25 $48.05 $47.75 $47.75 $150.00 $90.7K 2.7K 20 ZS CALL TRADE BEARISH 06/20/25 $47.8 $47.5 $47.5 $150.00 $90.2K 2.7K 158 ZS CALL TRADE BEARISH 06/20/25 $47.7 $47.4 $47.4 $150.00 $90.0K 2.7K 111 About Zscaler Zscaler is a software-as-a-service, or SaaS, firm focusing on providing cloud-native cybersecurity solutions to primarily enterprise customers. Zscaler's offerings can be broadly partitioned into Zscaler Internet Access, which provides secure access to external applications, and Zscaler Private Access, which provides secure access to internal applications. The firm is headquartered in San Jose, California, and went public in 2018. Having examined the options trading patterns of Zscaler, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance Current Position of Zscaler With a volume of 373,425, the price of ZS is down -0.66% at $186.03. RSI indicators hint that the underlying stock may be approaching oversold. Next earnings are expected to be released in 63 days. Expert Opinions on Zscaler In the last month, 5 experts released ratings on this stock with an average target price of $229.0. Turn $1000 into $1270 in just 20 days? 20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access .* Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for Zscaler, targeting a price of $240. * Maintaining their stance, an analyst from Piper Sandler continues to hold a Overweight rating for Zscaler, targeting a price of $235. * An analyst from Wells Fargo persists with their Equal-Weight rating on Zscaler, maintaining a target price of $190. * Maintaining their stance, an analyst from Keybanc continues to hold a Overweight rating for Zscaler, targeting a price of $250. * Consistent in their evaluation, an analyst from Canaccord Genuity keeps a Buy rating on Zscaler with a target price of $230. Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Zscaler with Benzinga Pro for real-time alerts. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
LONDON , NEW YORK , and SYDNEY , Dec. 22, 2024 /PRNewswire/ -- DAZN , a world-leading sports entertainment platform, has today announced an agreement to acquire Foxtel Group (' Foxtel ') from its majority shareholder News Corp and minority shareholder Telstra at an enterprise value of US$2.2 billion , subject to regulatory approval. The acquisition establishes DAZN as a leader in sports entertainment in Australia – a highly attractive sports market – while also expanding DAZN's global footprint and enhancing the group's standing as the global home of sport. The addition of Foxtel to DAZN brings the Group's pro-forma revenues towards US$6 billion and provides the additional content, expertise, and expansion opportunities to accelerate DAZN's growth trajectory. Foxtel is one of Australia's leading media companies, with 4.7 million subscribers, who will benefit from DAZN's extensive portfolio of sports content, platform technology, and global reach. From its beginnings as Australia's original pay-TV innovator, Foxtel has evolved to become a digital and streaming leader in sports and entertainment and the proposed transaction positions Foxtel for continued expansion as a digital-first, streaming-focused business. Foxtel will maintain its local character, led by the CEO, Patrick Delany , and his world-class management team. DAZN, a sports streaming platform with a truly global reach, is committed to growing the global audience for domestic Australian sports across the 200 territories in which it is available. Under the terms of the transaction, News Corp and Telstra will become minority shareholders in DAZN, enabling them to retain an interest in Foxtel. Shay Segev , Chief Executive Officer of DAZN, said: "Australians watch more sport than any other country in the world, which makes this deal an incredibly exciting opportunity for DAZN to enter a key market, marking another step in our long-term strategy to become the global home of sport. Foxtel is a successful business that has undergone a remarkable digital transformation in recent years, and we are confident that our global reach and relentless pursuit of innovation will continue to drive the business forward and ensure long-term success. "We are committed to supporting and investing in Foxtel's television and streaming services, across both sports and entertainment, using our world-leading technology to further enhance the viewing experience for customers. We are also committed to using our global reach to export Australia's most popular sports to new markets around the world, and we will continue to promote women's and under-represented sports. "We're looking forward to working closely with Patrick Delany and his team, as well as News Corp and Telstra as shareholders in DAZN, to realise our ambitious vision for the future of sport entertainment." Siobhan McKenna , the Chairman of Foxtel , said the agreement with DAZN was international recognition of the transformation of Foxtel from an incumbent pay TV operator to a sports and entertainment digital and streaming leader. "Over the last seven years the Foxtel team, with the strong support of News, have achieved an extraordinary turnaround in an intensely competitive environment." Foxtel Group CEO, Patrick Delany , said: "Today's announcement is a natural evolution for the Foxtel Group, having reinvented the company over the past five years as Australia's most dynamic technology-led streaming company. "Kayo and Foxtel provide Australian sports fans with access to the best Australian and international sport and shows, including AFL, NRL and Cricket with 4.7 million subscribers. "We are excited by DAZN's commitment to the Australian market. They are experts in the sports media business and can play a significant role in supporting Foxtel as the business grows its streaming capabilities, bringing a bigger and better service to customers across entertainment, news and sport. They are a perfect match for us as we look toward this next era of growth. "We have been grateful for the support of News Corp while we reimagined the future of Foxtel. In 2019, when we merged Foxtel and Fox Sports we had many people questioning our future. "After launching Kayo later in 2019 and BINGE in 2020, today we are the largest Australian-based streamer of sport and entertainment, we have stabilised our Foxtel base and launched Hubbl to help consumers find all the streamed content they love all in one place. This wouldn't have been possible without the support and encouragement of News Corp." NOTES TO EDITORS About DAZN As a world-leading sports entertainment platform, DAZN streams over 90,000 live events annually and is available in more than 200 markets worldwide. DAZN is the home of European football, women's football, boxing and MMA, and the NFL internationally. The platform features the biggest sports and leagues from around the world – Bundesliga, Serie A, LALIGA, Ligue 1, Formula 1, NBA, Moto GP, and many more including the 2025 FIFA Club World Cup. DAZN is transforming the way people enjoy sport. With a single, frictionless platform, sports fans can watch, play, buy, and connect. Live and on-demand sports content, anywhere, in any language, on any device – only on DAZN. DAZN partners with leading pay-TV operators, ISPs and Telcos worldwide to maximise sports exposure to a broad audience. Its partners include Deutsche Telekom, Orange, Sky, Movistar, Telenet, Vodafone, and many more. DAZN is a global, privately-owned company, founded in 2016, with more than 3,000 employees. The Group generated $3.2bn in revenue in 2023, having grown its annual revenues by over 50% on average from 2020 to 2023, through diverse revenue streams comprising subscriptions, advertising, sponsorship, and transactional. For more information on DAZN, our products, people, and performance, visit www.dazngroup.com . About Foxtel The Foxtel Group is one of Australia's leading media companies with 4.7 million subscribers. Its businesses include subscription television, streaming, sports production and advertising. The Foxtel Group is owned 65% by News Corp and 35% by Telstra. The Foxtel Group's diversified business includes Fox Sports, Australia's leading sports production company, famous for live sports and shows with the best commentators and personalities. It is also the home of local and global entertainment content and continues to be the partner of choice for the widest range of sports and international content providers based on established, long-term relationships, growing streaming audiences, and position as the largest Australian-based subscription television company. View original content: https://www.prnewswire.com/news-releases/dazn-advances-global-expansion-with-acquisition-of-foxtel-a-leading-australian-sports-and-entertainment-media-group-302337994.html SOURCE DAZNDAZN ADVANCES GLOBAL EXPANSION WITH ACQUISITION OF FOXTEL, A LEADING AUSTRALIAN SPORTS AND ENTERTAINMENT MEDIA GROUP
Step up trillion-dollar economy efforts, seek expert help: CM YogiNone
Rising cases of myopia cause for concernAs reported, there was disorder in the town centre over the weekend, with police enforcing a dispersal zone to break up any further potential troublemakers. The Star was told of reports that youths were brawling on Saturday night, resulting in a large police presence swooping on the Corporation Street bus station. In a statement, Merseyside Police confirmed to the Star that an arrest was made on suspicion of a series of offences. The statement read: "We were called to St Helens Bus Station at around 8.15pm to reports of youths fighting. "Officers attended and a 18-year-old man from St Helens was arrested on suspicion of obstructing police; criminal damage to a vehicle; possession of Class B drugs and two counts of assaulting an emergency worker. "He has been conditionally bailed pending further enquiries." The dispersal zone was put in place in the area which is bounded by the A58 Linkway West, A58 Linkway East, Parr Street, Shaw Street, Hall Street, Standish Street, College Street, Duke Street, A570 Boundary Road and Kirkland Street. Dispersal zones are under Section 34/35 of the Anti-Social Behaviour & Policing Act 2014, which gives police officers the powers to direct people engaging in anti-social behaviour or are likely to become involved in such incidents and not return for up to 48 hours. Officers also have the power to seize items used for anti-social behaviour. Neighbourhood Policing Inspector Josh Griffiths said: “We have introduced this order in response to anti-social behaviour carried out by youths in St Helens town centre over the weekend. “We have increased patrols in the area to deal with any issues, and this dispersal zone gives officers extra powers to approach people they suspect may be there to commit anti-social behaviour or other crimes. “This order is to ensure residents and businesses are not subjected to any such behaviour, and I would ask people to continue reporting any concerns and we will take action. “I would urge parents and guardians to know where young people in your care are, to further assist us in dealing with those who cause trouble. “If you witness any anti-social behaviour or have any information about such incidents, please contact or speak to our officers and we will take action.”
After multiple Helena businesses sued the city for its street assessment policy, the city approved a settlement Monday that will cost it nearly $200,000 and require future policy change. The lawsuit – RGB, et al. v. City of Helena – was filed in 2022 by three Helena business owners who alleged the way Helena calculated how much to bill properties within a street district violated Montana law. Petitioners demanded Helena refund them and other similar property owners for their assessments and change the policy. They were represented by Michael Green of Crowley Fleck. As of Dec 9, the petitioners are as follows: There’s one overarching street district the city uses to assess property. Every building within that street district is sorted into a category, such as commercial and residential, which comes with a yearly price tag. That money is meant to go toward maintaining and building Helena roads. However, plaintiffs argued the city was unfairly slotting buildings into the commercial category, which charged more per year than any other group, according to documents filed early 2022 by Green. The city reasoned commercial buildings generated more wear and tear on the roads due to higher foot traffic, city documents state. As the plaintiffs’ buildings were assessed, three buildings were paying the full commercial rates on massive chunks of underdeveloped land, an attorney for the city, Murry Warhank, said Monday. They were being charged a commercial rate for land that wasn't used for commercial business. While there were other allegations, some were settled early on in summary judgment with District Court Judge Christopher Abbott. On Dec. 9, city commissioners approved a settlement deal 5-0 that would refund the plaintiffs $193,126.11 for prior assessments. It also agreed to change its methodology for charging buildings in the future. A proposed change is to create more caveats for businesses that are partially underdeveloped, Warhank said. The city isn't bound to the proposed changes recommended by the settlement agreement, documents state, but plaintiffs would be allowed to continue the lawsuit to trial if the city creates its own changes that plaintiffs didn't agree with. If the commissioners hadn’t approved the settlement, the lawsuit would have returned to civil court, Warhank told city commissioners Monday. The goal is for codes to be updated before the next street assessment, which usually happens during the summer, Warhank said. While this was a major milestone, there are still a few steps left in the settlement process, city spokesman Jacob Garcin said via email. The settlement agreement will need to be signed by all parties, including individual plaintiffs. Payment also needs to be issued, and the City Commission needs to consider and approve changes to street assessment methodology. If all the steps are followed and the city either approves the recommended changes or finds new ones the plaintiffs agree to, a motion to dismiss the case with prejudice would be filed, ending the lawsuit. Green, who represented the plaintiffs, did not respond to request for comment before publication.The Miami Dolphins (6-8) host the San Francisco 49ers (6-8) at Hard Rock Stadium on Sunday, December 22, 2024. What channel is 49ers vs. Dolphins on? What time is 49ers vs. Dolphins? The 49ers and the Dolphins play at 4:25 p.m. ET. NFL STATS CENTRAL: The latest NFL scores, schedules, odds, stats and more. 49ers vs. Dolphins betting odds, lines, spread 49ers vs. Dolphins recent matchups 49ers schedule Dolphins schedule NFL week 16 schedule This content was created for Gannett using technology provided by Data Skrive.
Aziz Shamuratov Listen below or on the go on Apple Podcasts and Spotify The department store chain accepts at $6.5B buyout offer. (0:16) The Container Store files for Chapter 11 . (1:15) U.K. looks to facial recognition to limit social media use. (4:46) This is an abridged transcript of the podcast. Our top story so far. Department store chain Nordstrom ( NYSE: JWN ) has accepted a $6.25 billion all-cash buyout offer to end its 53-year run as a publicly traded company. Operators signed a deal with Erik, Pete, Jamie Nordstrom and other members of the Nordstrom family and El Puerto de Liverpool, S.A.B. de C.V. ( OTCPK:ELPQF ). Following the close of the transaction, the Nordstrom family will have a majority ownership stake in the company. Common shareholders will receive $24.25 per share. In addition, the board intends to authorize a special dividend of up to $0.25 per share immediately before and contingent on the close of the transaction. Nordstrom first went public in August 1971. At that time, it offered shares under the name "Nordstrom Best" and was recognized as the West Coast's largest volume fashion specialty store shortly thereafter, with annual sales surpassing $100 million by 1973. The company then formally changed its name to Nordstrom, Inc. Shares of the retailer peaked in 2015. In addition, the Container Store Group ( OTC:TCSG ) filed for Chapter 11 after 46 years in business. The company plans to implement a recapitalization transaction to bolster its financial position, fuel growth initiatives, and drive enhanced long-term profitability. CEO Satish Malthora said, "The Container Store is here to stay. Our strategy is sound, and we believe the steps we are taking today will allow us to continue to advance our business, deepen customer relationships, expand our reach, and strengthen our capabilities." Looking to the economy, November durable goods orders (moved a day earlier due to the shortened trading day on Christmas Eve) sank more than expected. New orders of durable goods fell -1.1% M/M , reversing from a 0.8% increase in October, which was revised up from 0.2%. The forecast was for a drop of -0.3%. Core durable goods, which excludes transportation, saw orders tick down -0.1% vs. a 0.2% rise in October and a +0.3% rise expected. Nondefense new orders for capital goods dipped 0.3% during the month. Pantheon Macroeconomist Samuel Tombs notes: “A slump in aircraft orders was responsible for nearly all the drop in headline durable goods orders. In addition, orders ex-transportation were held back by a 12% decline in defense orders.” “The somewhat better performance of orders compared to shipments in November might reflect businesses starting to place orders for delivery in a few months time, in order to lock in prices ahead of potential import tariffs.” In addition, the Conference Board’s measure of consumer confidence unexpectedly fell to 104.7 in December from 112.8 in November. Economists predicted a small rise to 113 with a change in the White House ahead. But the Expectation Index sank 12.6 points to 81.1 points, just above the threshold of 80 that usually signals a recession ahead. The Present Situation Index fell by 1.2 points to 140.2, and Tombs said: “Households have become more downbeat on future business and employment conditions, as well as income expectations. The cutoff for the survey was December 16, before the FOMC meeting and the associated drop in stock prices, so we think the deterioration likely reflects the incoming administration starting to talk about spending cuts, which were not part of Mr. Trump's election pitch.” Among active stocks today, the fact that a federal jury ruled in favor of Qualcomm ( QCOM ) on two of three counts in its lawsuit with Arm Holdings ( ARM ) is seen as a "clear win" for the San Diego-based chipmaker. Bernstein analyst Stacy Rasgon says, "At this point Qualcomm’s roadmap (and their license?) appear safe." Perhaps most importantly, the third question that the jury decided on — whether Qualcomm's CPUs that use designs from Nuvia are licensed under Qualcomm's Arm architectural license — was a big decisive victory, Rasgon added. Xerox ( XRX ) said it will acquire Lexmark International from Ninestar , PAG Asia Capital and Shanghai Shouda Investment Centre in a $1.5 billion deal. The deal is expected to be immediately accretive to earnings per share and free cash flow. And ResMed ( RMD ) and Inspire Medical Systems ( INSP ), two companies reliant on sleep apnea devices, are under pressure after Eli Lilly's ( LLY ) Zepbound gained an additional indication for sleep apnea in obese individuals . ResMed is a top manufacturer of CPAP machines, considered the gold standard treatment for sleep apnea. Inspire makes a neurostimulation implant for sleep apnea. In other news of note, social media companies will be expected to remove millions of underage users from their platforms using facial recognition age checks, according to John Higham, head of online safety policy at the U.K.'s communications watchdog Ofcom. Apps like Meta's ( META ) Facebook, Instagram, TikTok ( BDNCE ), and Snapchat ( SNAP ) could face multi-billion-pound fines under the Online Safety Act if they fail to protect children from harmful content online. According to Ofcom estimates, around 60% of children aged 8-11 years - about 1.6M kids - in the U.K. have social media accounts despite the apps having a minimum 13-year age limit. And a third of children aged 5-7 are reportedly using social media unsupervised. Higham said in a newspaper interview: "It doesn't take a genius to work out that children are going to lie about their age," adding that Ofcom will announce plans next month detailing how apps would be expected to handle the issue. "The sort of thing we might look to is some facial age estimation technology that we see companies bringing in now, which we think is really pretty good at determining who is a child. We will expect the technology to be highly accurate and effective," he said. And in the Wall Street Research Corner, Goldman’s equity team introduced a model to pick industries that are poised to outperform an equal-weighted index by 5 percentage points or more “to identify ‘high conviction’ views with significant alpha potential.” Strategist David Kostin says: “Our model incorporates macro, fundamental, and valuation data as independent variables. We run the profit model for each sector separately and only include variables with statistical and economic significance. Our model does not capture fiscal policy changes or secular themes such as artificial intelligence.” The model's highest-conviction picks are in materials and in software and services, while it also currently recommends Overweights in health care, utilities and real estate. “Our model recommends a large number of defensive Overweights in part because of the level of economic growth optimism already priced into the equity market today,” Kostin said. Among the value stock picks in those sectors are Akamai ( AKAM ) and IBM ( IBM ) in software, Mosaic ( MOS ) and Eastman Chemical ( EMN ) in Materials, NRG Energy ( NRG ) and ConEd ( ED ) in Utilities and Biogen ( BIIB ) in Healthcare. Growth names include Palantir ( PLTR ) and ServiceNow ( NOW ) in software, FreeportMcMoRan (FRE) in Materials, Realty Icome ( O ) in Real Estate and Merck ( MRK ) and Lilly ( LLY ) in Healthcare. Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.Bitcoin buzz reverberates