Stock Alert: Bloomin’ Brands Shares Hit 52-Week High

Idaho state Rep. Aaron von Ehlinger has resigned amid rape allegations

Idaho State Rep. has resigned following allegations that he raped a 19-year old House intern, according to KTVB.

On Thursday, a legislative ethics committee unanimously voted to suspend Von Ehrlinger without pay, and the lawmaker refused to answer questions about his conduct.

This story is developing. Check back for updates.

Oil Futures Settle Sharply Higher

Crude oil prices moved higher on Thursday amid optimism about the outlook for energy demand despite concerns about a resurgence in coronavirus cases in Asian countries, especially India.

A drop in U.S. petroleum product supplies, signs of stronger demand for oil in the U.S. and some other big countries amid an improved outlook for Covid vaccinations supported oil prices.

West Texas Intermediate Crude oil futures for June ended up by $1.15 or about 1.8% at $65.01 a barrel.

Brent crude futures were up $1.33 or about 2% at $68.11 a barrel a little while ago.

Investment bank Goldman Sachs expects global oil demand to realize the biggest jump ever over the next six months as vaccination rates accelerate.

Citi analysts expect vaccination campaigns in North America and Europe to boost oil demand to a record high of 101.5 million barrels per day (bpd) over the northern hemisphere summer months.

However, they are of the view that rising COVID-19 cases in Brazil and India could hit local demand if stricter lockdowns are reimposed.

Endeavor Shares Pop Higher, Then Backstep In NYSE Debut

Endeavor shares popped 12% at open on their long awaited debut on the New York Stock Exchange Thursday, then back-stepped. A strong initial showing had the stock open at $27 after being priced at $24, the top end of a range.

Shares then retreated and are changing hands at midday at just under that $24 level. They could bounce around during the day and trading will be closely watched as a sign of investor sentiment around the talent agency-live sports and events group that had filed and pulled plans for a previous IPO in 2018. The broader market is also trending lower.

The share trade on the New York Stock Exchange under the symbol EDR.


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Tell us: have you fallen victim to a delivery scam?

If you have fallen victim to fake texts and emails claiming to be from Royal Mail or other delivery films, we would like to hear from you

Last modified on Thu 29 Apr 2021 11.57 EDT

The move to online shopping together with confusion over customs charges after Brexit are providing new opportunities for scammers.

Police, trading standards and delivery firms have all warned Britons of a surge in texts and emails claiming to be from Royal Mail and other couriers asking recipients to click on a link and input personal details so that a parcel can be delivered. Some claim that a redelivery fee is due, while others say that a customs charge has to be paid. Once they have a person’s details, the criminals can use them for fraudulent applications for loans and services.

If you have fallen victim to this fraud, we would like to hear from you.

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Buffalo Bills draft picks 2021: Round-by-round selections

Here is a 2021 NFL draft pick-by-pick breakdown for the Buffalo Bills:

Round 1 (No. 30 overall)

Round 2 (61)

Round 3 (93)

Round 5 (161, from Raiders)

Round 5 (174)

Round 6 (213)

Round 7 (236, from Panthers)

Buffalo Bills' last five top draft picks: 

  • 2020 (No. 54 overall): A.J. Epenesa, DE, Iowa
  • 2019 (No. 9 overall): Ed Oliver, DT, Houston
  • 2018 (No. 7 overall): Josh Allen, QB, Wyoming
  • 2017 (No. 27 overall): Tre'Davious White. CB, LSU
  • 2016 (No. 19 overall): Shaq Lawson, DE, Clemson

Eastman Chemical Q1 adjusted earnings Beat Estimates

Eastman Chemical (EMN) announced a profit for its first quarter that rose from the same period last year.

The company’s bottom line came in at $274 million, or $1.99 per share. This compares with $258 million, or $1.89 per share, in last year’s first quarter.

Excluding items, Eastman Chemical reported adjusted earnings of $293 million or $2.13 per share for the period.

Analysts had expected the company to earn $2.04 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 7.6% to $2.41 billion from $2.24 billion last year.

Eastman Chemical earnings at a glance:

-Earnings (Q1): $293 Mln. vs. $277 Mln. last year.
-EPS (Q1): $2.13 vs. $2.03 last year.
-Analysts Estimate: $2.04
-Revenue (Q1): $2.41 Bln vs. $2.24 Bln last year.

Full year EPS guidance: $8.25 and $8.75

Stock Alert: Bloomin’ Brands Shares Hit 52-Week High

Shares of Bloomin’ Brands Inc. (BLMN) reached a 52-week high of $32.45 Thursday morning, and are currently trading at $31.85, up $3.04 or 10.55%, with trading volume rising over 1.90 million versus an average volume of 1.99 million shares.

The company reported Q1 net income of $70.2 million or $0.63 per share compared to a loss of $38.1 million or $0.44 per share last year. Total revenues amounted to $987.5 million, lower than the previous year’s revenue of $1.01 billion.

Analysts polled by Thomson Reuters expected earnings of $0.32 per share on revenue of $952.74 million for the quarter. Analysts’ estimate typically exclude certain special items.

Looking ahead, the company expects Q2 GAAP EPS to be at least $0.54, adjusted EPS of $0.60, and total revenue of at least $1.030 billion. Wall Street analysts estimate earnings of $0.24 per share on revenue of $919.38 million for the quarter.