Greg Tarzan Davis Signs With ICM Partners
EXCLUSIVE: Greg Tarzan Davis has signed with ICM Partners for representation in all areas. One of the most promising young actors today, Davis will next be seen starring opposite Tom Cruise in both Top Gun: Maverick from Joseph Kosinski along with Miles Teller, Jon Hamm, Ed Harris, Glen Powell, and Jennifer Connelly as well as Mission Impossible 7 from Christopher McQuarrie alongside Vanessa Kirby, Pom Klementieff, Angela Bassett, and Rebecca Ferguson.
The classically and comedically trained actor most recently starred opposite Harrison Ford in the James Mangold produced The Call of the Wild. Prior to that, he held the lead role in the acclaimed independent film Woke.
On the television side, Davis can be seen recurring on Freeform’s Good Trouble, CBS’s All Rise, and NBC’s Chicago PD.
Davis continues to be represented by manager Lisa DiSante-Frank of DiSante Frank & Company and attorney Mark A. Johnson at Behr Abramson Levy.
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General Mills To Buy Tyson Foods’ Pet Treats Business For $1.2 Bln In Cash
General Mills Inc. (GIS) agreed to buy Tyson Foods’ (TSN) pet treats business for $1.2 billion in cash, the companies said in a statement on Friday. The transaction includes the Nudges, Top Chews and True Chews brands.
General Mills noted that the transaction provides an estimated tax benefit of $225 million, equating to an effective purchase price of $975 million.
Tyson Foods’ pet treats business and the about 300 team members involved in it will become part of General Mills after the sale is completed.
Tyson Foods’ pet treats portfolio generated more than $240 million in net sales in the 12 months ended April 3, 2021.
As part of the deal, General Mills will also acquire a manufacturing facility in Independence, Iowa.
General Mills plans to fund the acquisition with cash on hand and short-term borrowing. The transaction is expected to be modestly accretive to General Mills earnings in the first 12 months following completion, excluding transaction and integration expenses.
The company expects the transaction to close in the first quarter of fiscal 2022.
In Friday pre-market trade, GIS was trading at $64.48 up $0.50 or 0.78%. TSN was trading at $80.76 up $0.20 or 0.25%.
China Holds Benchmark Lending Rates As Expected
China kept its benchmark lending rates unchanged, as widely expected, on Thursday.
The one-year loan prime rate was maintained at 3.85 percent and the five-year loan prime rate was kept unchanged at 4.65 percent.
The one-year and five-year loan prime rates were last lowered in April 2020. The one-year loan prime rate was cut by 20 basis points and five-year rate by 10 basis points in April 2020.
Markets have expected the rates to remain on hold today as the People’s Bank of China had kept the rate on its medium-term lending facility unchanged early this month.
The loan prime rate is fixed monthly based on the submission of 18 banks, though Beijing has influence over the rate-setting. This lending rate replaced the central bank’s traditional benchmark lending rate in August 2019.
With the economy well above its pre-virus trend, policymakers are focused on tackling financial risks, Julian Evans-Pritchard and Sheana Yue, economists at Capital Economics, said. But there are few signs that these efforts are likely to include policy rate hikes.
The upshot for the economy is that, even if rates are left on hold, tighter credit conditions will become an increasing headwind over the coming quarters, economists noted.
How gold is mined from electronic waste using microbes
- A New Zealand startup is using microbes that absorb metals to extract gold from old circuit boards.
- The company’s founders say their process is cleaner and safer than common e-waste-mining methods.
- They hope getting precious metals from e-waste will encourage countries to process the waste locally.
- See more stories on Insider’s business page.
Twins’ Tyler Duffey suspended three games for throwing behind White Sox’s Yermin Mercedes
Minnesota Twins relief pitcher Tyler Duffey has been suspended three games and fined an undisclosed amount for throwing a pitch behind Yermin Mercedes of the Chicago White Sox on Tuesday.
Duffey is appealing the suspension and will remain on the active roster until his appeal can be heard. Meanwhile, Twins manager Rocco Baldelli was fined and suspended for one game, which he'll serve in the second game of Thursday's doubleheader against the Los Angeles Angels.
Duffey, the Twins right-hander, was on the mound when Mercedes came to the plate in the top of the seventh inning on Tuesday, one day after hitting a home run off a position player in the ninth inning of a blowout win.
In apparent retaliation for Mercedes swinging at a 3-0 pitch, Duffey's first offering sailed behind the White Sox rookie's legs, earning him an immediate ejection.
Rockies announce masks no longer required at Coors Field – The Denver Post
Outside of the catcher and home plate umpire, masks will no longer be required at Coors Field starting this weekend.
The Colorado Rockies announced Thursday that masks will no longer be required for fans starting Friday night when the Rockies play host to the Arizona Diamondbacks at 6:40 p.m.
The club still encourages fans who are not fully vaccinated to wear a face covering.