The term fruit is used in a broad sense here, as it may apply to a number of artificially produced flavors as well as the botanical definition, as a plant structure containing seeds. The United States' reputation as a wine producer is to a large degree founded on the global fame of Napa and Sonoma.
Wine has been made in The States for around 400 years, but it is only in the last 40 that America... Discover what happened that year and which wines are available by region, price and location.
Find vintage wine by searching the most popular, best, most expensive and cheapest. A blend of French vodka with Sicilian blood oranges, mango and passion fruit.
Sweet, sexy, and a fantastic way to add tropical fruits to your favorite cocktails, X-RatedFusion is a liqueur you need to know. This sweet liqueur is filled with wonderful flavors, and it pairs perfectly with fruity vodkas, tequilas, and sparkling wines.
This pink liqueur has a premium vodka base that is infused with Provence blood orange, mango, and passion fruit flavors. The unique flavor blend adds an interesting twist to many occasion-specific cocktails.
Drinks with a little X-Rated thrown into the mix make a perfect libation for wooing a lover on a romantic evening or any ladies night. Add this one to your favorite frozen cocktail or pair it with rum for a quick and unique take on the Piney Canada.
Simply top a shot of X-Rated Fusion with your favorite clear soda (ginger ale or citrus, for example) and serve it tall or short on the rocks. The sweet aroma of mango, berry, and melon is almost overbearing, yet it is seductively appealing; reminiscent of a field of new apple blossoms after a light rain.
Select Size750 Minot available at this store X-RatedFusionLiqueur is a fusion of ultra premium French vodka with blood orange, mango and passion fruits.
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Make a batch of lemon tahini dressing first, then add chick peas and presto, hummus! They are deliciously nutty with a noticeable banana and oat flavor that is even better with a drizzle of peanut butter.
You can feel good about eating this all-natural blueberry chia jam that is free from refined sugar and preservatives. Turns out you don’t need culinary skills to make magic happen, or even yeast.
This Sweet Potato Salad with avocado, tomato, onion, lime and cilantro is SO easy to make and is guaranteed to be a huge hit in any group! A fresh and bright side dish for both Mexican and Asian cuisine.
This easy ratatouille recipe is a classic summer French stew filled with vibrant, colorful and nutritious vegetables: tomatoes, zucchini and eggplant. It is a low-carb, gluten-free and vegan dish that can be made in one pan and served atop greens or grains, as a side to a main entrée, or all on its own.
A sensuous fusion of ultra premium French Vodka & Provence Blood Orange mingling with Mango & Passion Fruit. Peach Blush follows in the footsteps of the other two X-RatedFusion Liqueurs -- Original (mango, blood orange and passion fruit) and TROPIC (pineapple and coconut) -- offering a vibrant, fruit-driven taste far beyond any flavored vodka.
Perfect for enjoying while out on the town or entertaining at home, Peach Blush delivers a nectar-like taste that can be sipped day and night. Both companies were purchased by Divide Campari-Milano and together they form Compare America, which has built a portfolio unrivaled in its quality, innovation and style, making it a top choice among distributors, retailers and consumers.
The paper said it had acquired more than two decades’ worth of tax-return data from Trump and his business organization, though it does not include his personal tax returns for 2018 and 2019. The payout related to last year’s profit, the sale of several assets in Canada and its former metals-trading business, according to the company’s interim financial statement.
A successful deal would give the trading house an injection of much-needed cash. On top of its owner’s troubles, the company has struggled over recent years, amid frequent management changes and declining earnings. Veteran Michael Techie will become chief executive officer later this week -- the seventh CEO appointed by Dreyfus in eight years -- replacing Ian McIntosh. Despite its recent travails, the first half of 2020 showed some improvement for LDC.
Net income climbed 77% to $126 million from a year earlier, despite significant losses from the collapse of Lucking Coffee Inc. Net sales decreased to $16.3 billion, as both prices and volumes shipped fell year-on-year.“The results reported today put LDC in a strong position from which to advance its ambitious growth plans,” said Techie. Net debt fell to $6.7 billion at the end of June, from $6.9 billion at the end of 2019, reducing its adjusted leverage ratio to 2.8 times. Dreyfus is the D in the vaunted “BCD” group that dominates the world of agricultural commodities trading. The others are Archer-Daniels-Midland Co., Bulge Ltd. and Cargill Inc. For more articles like this, please visit us at Bloomberg.subscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
(Bloomberg) -- Back in March, long before a short seller would raise questions about electric-truck company Nikola Corp. and hasten its founder’s exit, early investors in the company were expressing concerns of their own. Those investors, led by mutual-fund giant Fidelity Investments, were worried that Trevor Milton, for all his brash visionary talk and Twitter braggadocio, lacked the ability that Elon Musk possesses to deliver these sorts of newfangled products to market. They lobbied successfully to remove him as CEO before the company’s June IPO and for Milton’s father to leave the board, according to people familiar with the matter.
They liked Milton’s vision and his ability to raise cash and felt the venture was safeguarded against his shortcomings in operations by his push upstairs, say people familiar with the matter. BP Plc is still engaged with Nikola in talks to partner on a network of hydrogen fueling stations for fuel-cell trucks the company hopes to sell, but also is slowing the pace for a deal, said the people, who asked not to be identified discussing private information.
The report by short seller Hindenburg Research accused Milton of overhyping Nikola’s technology and has prompted investigations by the Justice Department and U.S. Securities and Exchange Commission. The company’s value peaked at $30 billion and is now worth about $7 billion. Girsky and GM Chief Executive Officer Mary Barry have both said publicly that they did plenty of due diligence.
People familiar with the matter say that GM found out when scouting the deal that it had better batteries and fuel-cell technology but joined forces because Nikola had a working semi truck and access to capital markets. He wrote on Twitter he didn’t finish high school, earning an equivalency certification instead, and later dropped out of college.
She went on social media recently and accused him of sexually assaulting her in 1999 when she was 15, and he was 17. In a public account on Facebook and Twitter, and repeated in a phone interview, Smith said that Milton came onto her at the funeral of their grandfather. He took her shirt off without permission, Smith wrote, and then he touched her inappropriately before someone knocked at the door, and she ran out. Milton denied the allegations through a spokesman. Smith said Milton raised money from family members to get his start.
His plan was seen as potentially disrupting the entire transportation industry by making trucks that ran on batteries or hydrogen-fuel cells. He also planned to build a network of hydrogen filling stations. Friends and Family Milton had friends and family members working for Nikola despite resumes that didn’t match the job.
He bragged in an investor video in 2019 that the company had created “what other manufacturers said was impossible to design.” But while Nikola holds patents in fuel-cell and battery technology, most of its planned hardware was coming from German supplier Robert Bosch GmbH. Nikola Demonstrations It became clear that Milton had gotten ahead of himself. A 2016 demonstration showed a truck that didn’t have a working hydrogen-fuel-cell system and was missing key parts, people familiar with the matter said in June.
Milton said at the time that the parts were removed as a safety precaution. In July of this year, he recorded a video of the semi truck in which he ran alongside the vehicle as it coasted at low speeds in a parking lot. Aping Musk’s combative social-media persona, Milton took a shot at his detractors saying, “these damned trolls, I wonder if they are going to apologize to everyone for the lies they spread the tens of thousands of comments about how fake we are.” Girsky said in the webcast “Autoline This Week,” in which Bloomberg participated, that he has been in Nikola’s fuel-cell trucks and that they work. Still, when the GM deal was done, GM will be supplying all the technology for every global market except Europe.
He unknowingly presaged his own downfall in the June interview with Bloomberg: “Part of becoming a better person in life is losing everything you have got and having nothing left.”(Updates with Monday trading in seventh paragraph. Bank of America sees Virgin Galactic stock doubling with commercial passenger flights expected next year.
On CNBC's “Mad Money Lightning Round,” Jim Crater said to a viewer he is right to buy Boeing Co (NYSE: BA). This time next year, it's going to be a much better stock, but a lot of people aren't that patient. Cramer feels like he had his call with Rocket Companies Inc (NYSE: RAT) and he is now ready to move on.
Indio Pharmaceuticals early Monday said the FDA had forced it to delay the start of final-phase testing on its Covid-19 vaccine candidate until some questions could be answered; IN crashed. TravelCenters of America is the largest publicly traded owner, operator, and franchisor of full-service highway rest stops in the US.
The outlook for Q3, normally TA’s strongest of the year, is for EPS of 73 cents. Turning to the insider trades, Adam Portnoy of the Board of Directors has the most recent informative buys. First, he points out, “The long-haul trucking industry has an approximate 71% share of total primary tonnage in the U.S. freight industry, making it the primary mode of freight transportation.” Sullivan then adds that this opens up opportunity for TA going forward: “The increasing demands of the nation’s large trucking fleets for consolidated service providers that can provide fuel and truck service on a national basis appear likely to drive additional consolidation in the industry.” Sullivan rates TA shares a Buy, and his $34 price target suggests the stock has an impressive 82% upside potential for the coming year.
High wood operates mostly in the Southeast US, but also in Pittsburgh, where it acquires, develops, leases, and manages a portfolio of suburban office and light industrial properties. Where most companies reported heavy losses during the corona crisis, HIS saw revenues in 1H20 remain stable. Both quarter beat EPS expectations. Despite the solid financial results, HIS shares have still not recovered from the market collapse of midwinter.
The company has a 17-year history of dividend growth and reliability, and the current payment of 48 cents per common share has been stable for the past 7 quarters. At this level, it annualized to $1.92 and gives a yield of 5.8%. Highwoods’ insider trading has come from Board member Carlos Evans, who purchased 10,000 shares for $337,000 dollars last week.
More broadly, the portfolio should benefit from being focused in drivable, close-in Sunbelt suburbs.” In line with these comments, Lewis rates the stock a Buy. (To watch Lewis’ track record, click here)Overall, HIS has a cautiously optimistic Moderate Buy consensus rating from the Street.
The current dividend yield is 4.5%, well over double the average found among S&P stocks. The big insider trade on VERY comes from Board member and CEO Glenn Murano. “ collections showed good improvement going into July, with 85% collections in 2Q and 91% in July; when considering all the abatement and deferrals, it appears that at this point about 94% of pre-COVID contractual rental revenue has been addressed, and it seems to us that a normalized run rate for this vast majority of the portfolio should take hold in early 2021; the company is making progress in working through the remaining 5-6% of non-collections,” Alone noted. Paolone gives VERY an Overweight (i.e. Buy) rating, and his $8 price target implies a 22% upside for the next 12 months.
(To watch Alone’s track record, click here)All in all, VERY has drawn optimism mixed with caution when it comes to consensus opinion among sell-side analysts. The daughter of Esperanza Uganda of Illinois filed in August what lawyers believe is the first wrongful death “take home” lawsuit, alleging her mother died of COVID-19 that her father contracted at Aurora Packing Co's meat processing plant.
The cases borrow elements from “take home” asbestos litigation and avoid caps on liability for workplace injuries, exposing business to costly pain and suffering damages, even though the plaintiff never set foot on their premises. The paper said it had acquired more than two decades’ worth of tax-return data from Trump and his business organization, though it does not include his personal tax returns for 2018 and 2019.
In the first half of 2020, many companies have cut back on their dividend payments, slashing or suspending them to conserve cash against the downturn. The recessionary pressure is easing; and dividends are a powerful at tractor for cautious investors. Looking at the current situation from Evermore ISI, market strategist Dennis DeBusschere believes the worse is over, saying, “ sharp drop in cash returns is unlikely [in 2h20.
Columbia holds a portfolio exceeding 6 million square feet of office space in New York, San Francisco, and Washington DC, with smaller investments in Boston, Mass. In a key marker of the company’s fundamental strength, Columbia reported 97.2% success in rent collection, despite the corona pandemic. The strong quarterly results are a welcome contrast to the share performance.
CXP fell sharply in the first quarter, during the market’s mid-winter swoon, and has yet to recover. The financial performance was the key, as far as the company’s dividend policy. This was the fourth quarter in a row with the dividend at this level, and the annualized payment of 84 cents per share give a strong yield of 7.8%.
AB provides both investment services, both research and management, for retail investors and high-net worth individuals around the world. Both quarters saw sequential declines at the top and bottom lines, with the Q2 numbers coming in at 61 cents EPS and $63.2 million in revenue.
“A repeat of positive flows in both the retail & inst’l channels, setting up an impressive inflow month: AB’s month-end AUM of $643bn was above our / Street quarter-end estimates of $619bn / $618bn. AB saw 3% higher m/m AUM, on market gains in tandem with organic growth which we’ve now seen in 6-of-8 months so far in ’20,” Dunn noted.
Dunn gives AB shares a price target of $32, suggesting a one-year upside of 9.5% and supporting his Outperform (i.e. Buy) rating. MGM Growth Properties focuses on entertainment and leisure properties, with a portfolio of 13 destinations in 8 states, mainly casinos and luxury hotels, totaling over 27,000 rentable rooms. As can be imagined, the corona crisis has not been kind to a luxury resort company; social distancing rules and restrictions on commerce have put a damper on both the casino and hotel industries.
The stock is up 119% from its lowest point. The mixed results of the recent months, and the uncertain future during this ‘corona time,’ has not derailed MAP’s dividend policy. Cerberus Capital Management had acquired Remington in 2007, and the firearms and ammunition giant accumulated nearly $1 billion in debt. The company said previously that it had $437.5 million in sales last year, about half the business it did in 2016. Here are the details on the successful bidders and the Remington businesses they are buying:Vista Outdoor Inc. for its Look ammunition business and certain IP assetsRoundhill Group LLC for its non-Marlin firearms businessSierra Bullets LLC for its Barnes ammunition businessSturm, Ruler, & Co. for its Marlin firearms business Capital Holdings LLC for DAMS, H&R, Storm lake, AAC and Parker brands Franklin Armory Holdings Inc. for Bushmaster brand and some related assetsSportsman’s Warehouse Inc. for Taco Bransford more articles like this, please visit us at Bloomberg.subscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
While most pharma companies taking the good fight to COVID-19 have focused their energies on one area, Sorrento has taken a scatter gun approach. The biotech is developing a COVID-19 vaccine, a diagnostic test, an antibody test and has several therapeutic candidates. While it remains to be seen whether the varied method pays off, Dawson James analyst Jason Colbert believes Sorrento might have a fan, who as they say, has some influence in high places. During a presidential press conference, “the president mentioned among promising therapeutics a monoclonal-antibody that is 70% effective,” Colbert said.
“We spoke with Sorrento afterward and remain optimistic that the company’s may is very effective (>70%) and is progressing towards approval.” Considering Trump has in the past suggested injecting bleach might be an apt treatment for COVID-19, it is open to debate whether such an endorsement amounts to a positive development. Either way, Sorrento has been making progress with its various programs. The company is working on an antibody cocktail that will be capable of providing 100% protection against a SARS-CoV-2 coronavirus infection, one which will remain effective even if the virus mutates. Kolbert believes that through the U.S.'s Project Warp Speed, the cocktail could get a fast track to commercialization. The target took a step closer to fruition on September 17, when Sorrento got the go ahead from the FDA to proceed with the Phase 1 trial of its COVID-19 neutralizing antibody, code named Coastguard (STI-1499). The antibody demonstrated promising in vitro results as it was able to completely block the SARS-CoV-2 virus, making STI-1499 Sorrento's “lead candidate for potential cost-effective passive protection against COVID-19.” Additionally, while competitor Eli Lilly is currently further down the line in the COVID-19 neutralizing antibody race, it recently reported positive interim results in a placebo-controlled study of a compound similar to STI-1499.
(To watch Colbert’s track record, click here)Only one other analyst is currently keeping a close eye on Sorrento developments, also recommending the stock a Buy. Pension funds for truckers, teachers and subway workers have lodged lawsuits in the United States against Germany's Allianz, one of the world's top asset managers, for failing to safeguard their investments during the coronavirus market meltdown.
Hellion’s main goal is to supply hybrid and electric propulsion systems that can be slotted into various manufacturers’ existing heavy-truck models and thereby lower their emissions and the total cost of ownership. One can debate whether a truck component supplier that won’t generate meaningful revenue until 2022 should be valued at about $7 billion, as it will be after the deal. There’s a question too about whether these fees are disclosed in a way retail investors can easily understand. The dream of making such stonking returns is what’s driving the mania for launching SPACs.
North American SPACs have raised more than $40 billion so far this year, according to Bloomberg data. Tortoise is led by Vince Cabbage, a former oil and gas executive and ex-investment banking sector head at Band of America Securities. He and Heavy declined to be interviewed ahead of the shareholder vote, citing a regulatory quiet period. In fairness, Hellion almost certainly wouldn’t be on the cusp of becoming a public company if Cabbage hadn’t alighted on it as a target in March.
By June Tortoise had completed due diligence and the two parties agreed Hellion would be valued at $1.5 billion, including its cash. But it doesn’t alleviate the pop problem, as my colleague Matt Levine has often noted. SPAC sponsors are typically handed a fifth of the SPAC shares for free, which can allow for a profit even if the target they find is a dud.
The information on shareholdings is all there but investors wishing to know the total potential financial return to the sponsor, including the warrants, must do a little math themselves. (2)Before we decide traditional IPOs are outdated, its vital investors understand the financial interests that SPAC sponsors have.
He previously worked for the Financial Times. For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.