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Stock Alert: Why Is Macquarie Infrastructure Gaining Over 10%?

Phylicia Rashad Sets Broadway Return With ‘Skeleton Crew’

Phylicia Rashad will return to Broadway this December in Manhattan Theatre Club’s Skeleton Crew, written by Dominique Morisseau and directed by Ruben Santiago-Hudson, producers announced today.

The show’s opening date also was announced: Skeleton Crew will begin previews at MTC’s Samuel J. Friedman Theatre on Tuesday, Dec. 21, with an opening night on Wednesday, Jan. 12, 2022.

Additional casting and the creative team for Skeleton Crew will be announced at a later date.

Skeleton Crew is set in 2008 Detroit, where a small automotive factory is on the brink of foreclosure and a tight knit family of workers hangs in the balance. As described by MTC: With uncertainty everywhere, the line between blue collar and white collar becomes blurred, and this working family must reckon with their personal loyalties, their instincts for survival and their ultimate hopes for humanity.

Rashad, best known to TV audiences for her long-running portrayal Claire Huxtable on The Cosby Show, received a Tony Award for her performance as Lena Younger in 2004’s A Raisin in the Sun, and was Tony-nominated for the following year’s Gem of the Ocean by August Wilson. Rashad is expected to direct a revival of Charles Randolph Wright’s Blue in New York in 2021, and she was recently appointed Dean of the Chadwick A. Boseman College of Fine Arts at Howard University.

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European Economics Preview: Germany Factory Orders Data Due

Factory orders data from Germany and investor confidence from euro area are due on Monday, headlining a light day for the European economic news.

At 1.45 am ET, Swiss unemployment data is due for May. The jobless rate stood at seasonally adjusted 3.1 percent in April.

At 2.00 am ET, Destatis is slated to issue Germany’s factory orders data for April. Orders are forecast to climb 1 percent on month, slower than the 3 percent increase in March.

In the meantime, industrial production from Norway and foreign trade from Finland are due.

Half an hour later, Switzerland’s Federal Statistical Office releases consumer prices for May. Inflation is expected to double to 0.6 percent from 0.3 percent in April.

At 3.00 am ET, industrial output from Spain and the Czech Republic are due.
Economists forecast Spain’s industrial output to grow 12.6 percent annually in April, faster than the 12.4 percent rise in March.

At 3.30 am ET, UK Halifax house price data is due. House prices are expected to climb 1.2 percent on month in May, slower than the 1.4 percent increase in April.

At 4.30 am ET, Eurozone Sentix investor confidence survey results are due. The confidence indicator is seen improving to 26.0 in June from 21.0 in May.

Stock Alert: HyreCar Shares Reach 52-Week High

Shares of HyreCar Inc. (HYRE) touched a 52-week high of $19.42 Monday morning, and are currently trading at $18.97, up $2.01 or 11.85%, with trading volume of over 649K versus an average volume of 957K shares.

HyreCar is set to join the broad-market Russell 3000? Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the US market opens on June 28, according to a preliminary list of additions posted June 4.

Lunch Special: Denver sports live chat with Mark Kiszla – The Denver Post

Got a question about Colorado sports? The Denver Post’s Mark Kiszla is discussing all things Denver sports in a live Lunch Special chat, scheduled to begin at noon on Monday, June 7, 2021.

Mobile users, if you can’t see the live chat, tap here.

Stock Alert: FuboTV Shares Gains 10% After Launching FuboTV App

fuboTV Inc. (FUBO) shares are rising more than 9 percent on Monday morning trade after the company announced the launch of the fuboTV app on its webOS Smart TVs in the U.S and LG OLED TV lineup.

With the new app, LG Smart TVs users will be able to enjoy a free trial of sports-focused live TV streaming platform. The new webOS user interface provides faster access to apps as well as simpler content discovery.

Currently, shares are at $26.56, up 9.60 percent from the previous close of $26.97. The shares have traded in a range of $27.62-$29.96 on average volume of 15,356,058.

Logan Paul wears Charizard Pokémon card around his neck entering the ring before bout with Floyd Mayweather

Some fighters enter the ring before their boxing matches with elaborate costumes, like Bernard Hopkins wearing an executioner's mask. Some just show up with what's required in a fight, like Mike Tyson in his heyday sporting only gloves, black trunks, and black shoes. 

On Sunday night, YouTube personality Logan Paul entered the ring for his fight with retired welterweight king Floyd Mayweather with a Charizard Pokémon card in a case around his neck.

This wasn't your average Pokémon card, though. The first edition, gem mint 10-graded Charizard is said to be worth hundreds of thousands of dollars.

It's a good thing though because Paul said he spent $150,000 on a Pokémon card last year and the value of the Pokémon cards has risen.

Stock Alert: Why Is Macquarie Infrastructure Gaining Over 10%?

Shares of Macquarie Infrastructure Corp. (MIC) are currently gaining over 10% after the company announced deal to sell it Atlantic Aviation business to KKR for $4.475 billion in cash and assumed debt and reorganization obligations.

MIC is currently trading at $38.70, up $3.70 or 10.57%, on the Nasdaq.

According to the company, the price indicates a multiple of Atlantic Aviation’s 2019 EBITDA of 16.2 times.

Macquarie expects to receive $3.525 billion at closing following the reorganization of MIC into a limited liability company, Macquarie Infrastructure Holdings LLC.