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Playboy going public: Porn, Gambling, and Cannabis

NEW INFO 5 Results from share redemption are posted. Less than .2% redeemed. Very bullish as investors are showing extreme confidence in the future of PLBY.
https://finance.yahoo.com/news/playboy-mountain-crest-acquisition-corp-120000721.html
NEW INFO 4 Definitive Agreement to purchase 100% of Lovers brand stores announced 2/1.
https://www.streetinsider.com/Corporate+News/Playboy+%28MCAC%29+Confirms+Deal+to+Acquire+Lovers/17892359.html
NEW INFO 3 I bought more on the dip today. 5081 total. Price rose AH to $12.38 (2.15%)
NEW INFO 2 Here is the full webinar.
https://icrinc.zoom.us/rec/play/9GWKdmOYumjWfZuufW3QXpe_FW_g--qeNbg6PnTjTMbnNTgLmCbWjeRFpQga1iPc-elpGap8dnDv8Zww.yD7DjUwuPmapeEdP?continueMode=true&tk=lEYc4F_FkKlgsmCIs6w0gtGHT2kbgVGbUju3cIRBSjk.DQIAAAAV8NK49xZWdldRM2xNSFNQcTBmcE00UzM3bXh3AAAAAAAAAAAAAAAAAAAAAAAAAAAA&uuid=WN_GKWqbHkeSyuWetJmLFkj4g&_x_zm_rtaid=kR45-uuqRE-L65AxLjpbQw.1611967079119.2c054e3d3f8d8e63339273d9175939ed&_x_zm_rhtaid=866
NEW INFO 1 Live merger webinar with PLBY and MCAC on Friday January 29, 2021 at 12:00 NOON EST link below
https://mcacquisition.com/investor-relations/press-release-details/2021/Playboy-Enterprises-Inc.-and-Mountain-Crest-Acquisition-Corp-Participate-in-SPACInsider-ICR-Webinar-on-January-29th-at-12pm-ET/default.aspx
Playboy going public: Porn, Gambling, and Cannabis
!!!WARNING READING AHEAD!!! TL;DR at the end. It will take some time to sort through all the links and read/watch everything, but you should.
In the next couple weeks, Mountain Crest Acquisition Corp is taking Playboy public. The existing ticker MCAC will become PLBY. Special purpose acquisition companies have taken private companies public in recent months with great success. I believe this will be no exception. Notably, Playboy is profitable and has skyrocketing revenue going into a transformational growth phase.
Porn - First and foremost, let's talk about porn. I know what you guys are thinking. “Porno mags are dead. Why would I want to invest in something like that? I can get porn for free online.” Guess what? You are absolutely right. And that’s exactly why Playboy doesn’t do that anymore. That’s right, they eliminated their print division. And yet they somehow STILL make money from porn that people (see: boomers) pay for on their website through PlayboyTV, Playboy Plus, and iPlayboy. Here’s the thing: Playboy has international, multi-generational name recognition from porn. They have content available in 180 countries. It will be the only publicly traded adult entertainment (porn) company. But that is not where this company is going. It will help support them along the way. You can see every Playboy magazine through iPlayboy if you’re interested. NSFW links below:
https://www.playboy.com/
https://www.playboytv.com/
https://www.playboyplus.com/
https://www.iplayboy.com/
Gambling - Some of you might recognize the Playboy brand from gambling trips to places like Las Vegas, Atlantic City, Cancun, London or Macau. They’ve been in the gambling biz for decades through their casinos, clubs, and licensed gaming products. They see the writing on the wall. COVID is accelerating the transition to digital, application based GAMBLING. That’s right. What we are doing on Robinhood with risky options is gambling, and the only reason regulators might give a shit anymore is because we are making too much money. There may be some restrictions put in place, but gambling from your phone on your couch is not going anywhere. More and more states are allowing things like Draftkings, poker, state ‘lottery” apps, hell - even political betting. Michigan and Virginia just ok’d gambling apps. They won’t be the last. This is all from your couch and any 18 year old with a cracked iphone can access it. Wouldn’t it be cool if Playboy was going to do something like that? They’re already working on it. As per CEO Ben Kohn who we will get to later, “...the company’s casino-style digital gaming products with Scientific Games and Microgaming continue to see significant global growth.” Honestly, I stopped researching Scientific Games' sports betting segment when I saw the word ‘omni-channel’. That told me all I needed to know about it’s success.
“Our SG Sports™ platform is an enhanced, omni-channel solution for online, self-service and retail fixed odds sports betting – from soccer to tennis, basketball, football, baseball, hockey, motor sports, racing and more.”
https://www.scientificgames.com/
https://www.microgaming.co.uk/
“This latter segment has become increasingly enticing for Playboy, and it said last week that it is considering new tie-ups that could include gaming operators like PointsBet and 888Holdings.”
https://calvinayre.com/2020/10/05/business/playboys-gaming-ops-could-get-a-boost-from-spac-purchase/
As per their SEC filing:
“Significant consumer engagement and spend with Playboy-branded gaming properties around the world, including with leading partners such as Microgaming, Scientific Games, and Caesar’s Entertainment, steers our investment in digital gaming, sports betting and other digital offerings to further support our commercial strategy to expand consumer spend with minimal marginal cost, and gain consumer data to inform go-to-market plans across categories.”
https://www.sec.gov/Archives/edgadata/1803914/000110465921005986/tm2034213-12_defm14a.htm#tMDAA1
They are expanding into more areas of gaming/gambling, working with international players in the digital gaming/gambling arena, and a Playboy sportsbook is on the horizon.
https://www.playboy.com/read/the-pleasure-of-playing-with-yourself-mobile-gaming-in-the-covid-era
Cannabis - If you’ve ever read through a Playboy magazine, you know they’ve had a positive relationship with cannabis for many years. As of September 2020, Playboy has made a major shift into the cannabis space. Too good to be true you say? Check their website. Playboy currently sells a range of CBD products. This is a good sign. Federal hemp products, which these most likely are, can be mailed across state lines and most importantly for a company like Playboy, can operate through a traditional banking institution. CBD products are usually the first step towards the cannabis space for large companies. Playboy didn’t make these products themselves meaning they are working with a processor in the cannabis industry. Another good sign for future expansion. What else do they have for sale? Pipes, grinders, ashtrays, rolling trays, joint holders. Hmm. Ok. So it looks like they want to sell some shit. They probably don’t have an active interest in cannabis right? Think again:
https://www.forbes.com/sites/javierhasse/2020/09/24/playboy-gets-serious-about-cannabis-law-reform-advocacy-with-new-partnership-grants/?sh=62f044a65cea
“Taking yet another step into the cannabis space, Playboy will be announcing later on Thursday (September, 2020) that it is launching a cannabis law reform and advocacy campaign in partnership with National Organization for the Reform of Marijuana Laws (NORML), Last Prisoner Project, Marijuana Policy Project, the Veterans Cannabis Project, and the Eaze Momentum Program.”
“According to information procured exclusively, the three-pronged campaign will focus on calling for federal legalization. The program also includes the creation of a mentorship plan, through which the Playboy Foundation will support entrepreneurs from groups that are underrepresented in the industry.” Remember that CEO Kohn from earlier? He wrote this recently:
https://medium.com/naked-open-letters-from-playboy/congress-must-pass-the-more-act-c867c35239ae
Seems like he really wants weed to be legal? Hmm wonder why? The writing's on the wall my friends. Playboy wants into the cannabis industry, they are making steps towards this end, and we have favorable conditions for legislative progress.
Don’t think branding your own cannabis line is profitable or worthwhile? Tell me why these 41 celebrity millionaires and billionaires are dummies. I’ll wait.
https://www.celebstoner.com/news/celebstoner-news/2019/07/12/top-celebrity-cannabis-brands/
Confirmation: I hear you. “This all seems pretty speculative. It would be wildly profitable if they pull this shift off. But how do we really know?” Watch this whole video:
https://finance.yahoo.com/video/playboy-ceo-telling-story-female-154907068.html
Man - this interview just gets my juices flowing. And highlights one of my favorite reasons for this play. They have so many different business avenues from which a catalyst could appear. I think paying attention, holding shares, and options on these staggered announcements over the next year is the way I am going to go about it. "There's definitely been a shift to direct-to-consumer," he (Kohn) said. "About 50 percent of our revenue today is direct-to-consumer, and that will continue to grow going forward.” “Kohn touted Playboy's portfolio of both digital and consumer products, with casino-style gaming, in particular, serving a crucial role under the company's new business model. Playboy also has its sights on the emerging cannabis market, from CBD products to marijuana products geared toward sexual health and pleasure.” "If THC does become legal in the United States, we have developed certain strains to enhance your sex life that we will launch," Kohn said. https://cheddar.com/media/playboy-goes-public-health-gaming-lifestyle-focus Oh? The CEO actually said it? Ok then. “We have developed certain strains…” They’re already working with growers on strains and genetics? Ok. There are several legal cannabis markets for those products right now, international and stateside. I expect Playboy licensed hemp and THC pre-rolls by EOY. Something like this: https://www.etsy.com/listing/842996758/10-playboy-pre-roll-tubes-limited?ga_order=most_relevant&ga_search_type=all&ga_view_type=gallery&ga_search_query=pre+roll+playboy&ref=sr_gallery-1-2&organic_search_click=1 Maintaining cannabis operations can be costly and a regulatory headache. Playboy’s licensing strategy allows them to pick successful, established partners and sidestep traditional barriers to entry. You know what I like about these new markets? They’re expanding. Worldwide. And they are going to be a bigger deal than they already are with or without Playboy. Who thinks weed and gambling are going away? Too many people like that stuff. These are easy markets. And Playboy is early enough to carve out their spot in each. Fuck it, read this too: https://www.forbes.com/sites/jimosman/2020/10/20/playboy-could-be-the-king-of-spacs-here-are-three-picks/?sh=2e13dcaa3e05
Numbers: You want numbers? I got numbers. As per the company’s most recent SEC filing:
“For the year ended December 31, 2019, and the nine months ended September 30, 2020, Playboy’s historical consolidated revenue was $78.1 million and $101.3 million, respectively, historical consolidated net income (loss) was $(23.6) million and $(4.8) million, respectively, and Adjusted EBITDA was $13.1 million and $21.8 million, respectively.”
“In the nine months ended September 30, 2020, Playboy’s Licensing segment contributed $44.2 million in revenue and $31.1 million in net income.”
“In the ninth months ended September 30, 2020, Playboy’s Direct-to-Consumer segment contributed $40.2 million in revenue and net income of $0.1 million.”
“In the nine months ended September 30, 2020, Playboy’s Digital Subscriptions and Content segment contributed $15.4 million in revenue and net income of $7.4 million.”
They are profitable across all three of their current business segments.
“Playboy’s return to the public markets presents a transformed, streamlined and high-growth business. The Company has over $400 million in cash flows contracted through 2029, sexual wellness products available for sale online and in over 10,000 major retail stores in the US, and a growing variety of clothing and branded lifestyle and digital gaming products.”
https://www.sec.gov/Archives/edgadata/1803914/000110465921005986/tm2034213-12_defm14a.htm#tSHCF
Growth: Playboy has massive growth in China and massive growth potential in India. “In China, where Playboy has spent more than 25 years building its business, our licensees have an enormous footprint of nearly 2,500 brick and mortar stores and 1,000 ecommerce stores selling high quality, Playboy-branded men’s casual wear, shoes/footwear, sleepwear, swimwear, formal suits, leather & non-leather goods, sweaters, active wear, and accessories. We have achieved significant growth in China licensing revenues over the past several years in partnership with strong licensees and high-quality manufacturers, and we are planning for increased growth through updates to our men’s fashion lines and expansion into adjacent categories in men’s skincare and grooming, sexual wellness, and women’s fashion, a category where recent launches have been well received.” The men’s market in China is about the same size as the entire population of the United States and European Union combined. Playboy is a leading brand in this market. They are expanding into the women’s market too. Did you know CBD toothpaste is huge in China? China loves CBD products and has hemp fields that dwarf those in the US. If Playboy expands their CBD line China it will be huge. Did you know the gambling money in Macau absolutely puts Las Vegas to shame? Technically, it's illegal on the mainland, but in reality, there is a lot of gambling going on in China. https://www.forbes.com/sites/javierhasse/2020/10/19/magic-johnson-and-uncle-buds-cbd-brand-enter-china-via-tmall-partnership/?sh=271776ca411e “In India, Playboy today has a presence through select apparel licensees and hospitality establishments. Consumer research suggests significant growth opportunities in the territory with Playboy’s brand and categories of focus.” “Playboy Enterprises has announced the expansion of its global consumer products business into India as part of a partnership with Jay Jay Iconic Brands, a leading fashion and lifestyle Company in India.” “The Indian market today is dominated by consumers under the age of 35, who represent more than 65 percent of the country’s total population and are driving India’s significant online shopping growth. The Playboy brand’s core values of playfulness and exploration resonate strongly with the expressed desires of today’s younger millennial consumers. For us, Playboy was the perfect fit.” “The Playboy international portfolio has been flourishing for more than 25 years in several South Asian markets such as China and Japan. In particular, it has strategically targeted the millennial and gen-Z audiences across categories such as apparel, footwear, home textiles, eyewear and watches.” https://www.licenseglobal.com/industry-news/playboy-expands-global-footprint-india It looks like they gave COVID the heisman in terms of net damage sustained: “Although Playboy has not suffered any material adverse consequences to date from the COVID-19 pandemic, the business has been impacted both negatively and positively. The remote working and stay-at-home orders resulted in the closure of the London Playboy Club and retail stores of Playboy’s licensees, decreasing licensing revenues in the second quarter, as well as causing supply chain disruption and less efficient product development thereby slowing the launch of new products. However, these negative impacts were offset by an increase in Yandy’s direct-to-consumer sales, which have benefited in part from overall increases in online retail sales so far during the pandemic.” Looks like the positives are long term (Yandy acquisition) and the negatives are temporary (stay-at-home orders).
https://www.sec.gov/Archives/edgadata/1803914/000110465921006093/tm213766-1_defa14a.htm
This speaks to their ability to maintain a financially solvent company throughout the transition phase to the aforementioned areas. They’d say some fancy shit like “expanded business model to encompass four key revenue streams: Sexual Wellness, Style & Apparel, Gaming & Lifestyle, and Beauty & Grooming.” I hear “we’re just biding our time with these trinkets until those dollar dollar bill y’all markets are fully up and running.” But the truth is these existing revenue streams are profitable, scalable, and rapidly expanding Playboy’s e-commerce segment around the world.
"Even in the face of COVID this year, we've been able to grow EBITDA over 100 percent and revenue over 68 percent, and I expect that to accelerate going into 2021," he said. “Playboy is accelerating its growth in company-owned and branded consumer products in attractive and expanding markets in which it has a proven history of brand affinity and consumer spend.”
Also in the SEC filing, the Time Frame:
“As we detailed in the definitive proxy statement, the SPAC stockholder meeting to vote on the transaction has been set for February 9th, and, subject to stockholder approval and satisfaction of the other closing conditions, we expect to complete the merger and begin trading on NASDAQ under ticker PLBY shortly thereafter,” concluded Kohn.
The Players: Suhail “The Whale” Rizvi (HMFIC), Ben “The Bridge” Kohn (CEO), “lil” Suying Liu & “Big” Dong Liu (Young-gun China gang). I encourage you to look these folks up. The real OG here is Suhail Rizvi. He’s from India originally and Chairman of the Board for the new PLBY company. He was an early investor in Twitter, Square, Facebook and others. His firm, Rizvi Traverse, currently invests in Instacart, Pinterest, Snapchat, Playboy, and SpaceX. Maybe you’ve heard of them. “Rizvi, who owns a sprawling three-home compound in Greenwich, Connecticut, and a 1.65-acre estate in Palm Beach, Florida, near Bill Gates and Michael Bloomberg, moved to Iowa Falls when he was five. His father was a professor of psychology at Iowa. Along with his older brother Ashraf, a hedge fund manager, Rizvi graduated from Wharton business school.” “Suhail Rizvi: the 47-year-old 'unsocial' social media baron: When Twitter goes public in the coming weeks (2013), one of the biggest winners will be a 47-year-old financier who guards his secrecy so zealously that he employs a person to take down his Wikipedia entry and scrub his photos from the internet. In IPO, Twitter seeks to be 'anti-FB'” “Prince Alwaleed bin Talal of Saudi Arabia looks like a big Twitter winner. So do the moneyed clients of Jamie Dimon. But as you’ve-got-to-be-joking wealth washed over Twitter on Thursday — a company that didn’t exist eight years ago was worth $31.7 billion after its first day on the stock market — the non-boldface name of the moment is Suhail R. Rizvi. Mr. Rizvi, 47, runs a private investment company that is the largest outside investor in Twitter with a 15.6 percent stake worth $3.8 billion at the end of trading on Thursday (November, 2013). Using a web of connections in the tech industry and in finance, as well as a hearty dose of good timing, he brought many prominent names in at the ground floor, including the Saudi prince and some of JPMorgan’s wealthiest clients.” https://www.nytimes.com/2013/11/08/technology/at-twitter-working-behind-the-scenes-toward-a-billion-dollar-payday.html Y’all like that Arab money? How about a dude that can call up Saudi Princes and convince them to spend? Funniest shit about I read about him: “Rizvi was able to buy only $100 million in Facebook shortly before its IPO, thus limiting his returns, according to people with knowledge of the matter.” Poor guy :(
He should be fine with the 16 million PLBY shares he's going to have though :)
Shuhail also has experience in the entertainment industry. He’s invested in companies like SESAC, ICM, and Summit Entertainment. He’s got Hollywood connections to blast this stuff post-merger. And he’s at least partially responsible for that whole Twilight thing. I’m team Edward btw.
I really like what Suhail has done so far. He’s lurked in the shadows while Kohn is consolidating the company, trimming the fat, making Playboy profitable, and aiming the ship at modern growing markets.
https://www.reuters.com/article/us-twitter-ipo-rizvi-insight/insight-little-known-hollywood-investor-poised-to-score-with-twitter-ipo-idUSBRE9920VW20131003
Ben “The Bridge” Kohn is an interesting guy. He’s the connection between Rizvi Traverse and Playboy. He’s both CEO of Playboy and was previously Managing Partner at Rizvi Traverse. Ben seems to be the voice of the Playboy-Rizvi partnership, which makes sense with Suhail’s privacy concerns. Kohn said this:
“Today is a very big day for all of us at Playboy and for all our partners globally. I stepped into the CEO role at Playboy in 2017 because I saw the biggest opportunity of my career. Playboy is a brand and platform that could not be replicated today. It has massive global reach, with more than $3B of global consumer spend and products sold in over 180 countries. Our mission – to create a culture where all people can pursue pleasure – is rooted in our 67-year history and creates a clear focus for our business and role we play in people’s lives, providing them with the products, services and experiences that create a lifestyle of pleasure. We are taking this step into the public markets because the committed capital will enable us to accelerate our product development and go-to-market strategies and to more rapidly build our direct to consumer capabilities,” said Ben Kohn, CEO of Playboy.
“Playboy today is a highly profitable commerce business with a total addressable market projected in the trillions of dollars,” Mr. Kohn continued, “We are actively selling into the Sexual Wellness consumer category, projected to be approximately $400 billion in size by 2024, where our recently launched intimacy products have rolled out to more than 10,000 stores at major US retailers in the United States. Combined with our owned & operated ecommerce Sexual Wellness initiatives, the category will contribute more than 40% of our revenue this year. In our Apparel and Beauty categories, our collaborations with high-end fashion brands including Missguided and PacSun are projected to achieve over $50M in retail sales across the US and UK this year, our leading men’s apparel lines in China expanded to nearly 2500 brick and mortar stores and almost 1000 digital stores, and our new men’s and women’s fragrance line recently launched in Europe. In Gaming, our casino-style digital gaming products with Scientific Games and Microgaming continue to see significant global growth. Our product strategy is informed by years of consumer data as we actively expand from a purely licensing model into owning and operating key high-growth product lines focused on driving profitability and consumer lifetime value. We are thrilled about the future of Playboy. Our foundation has been set to drive further growth and margin, and with the committed capital from this transaction and our more than $180M in NOLs, we will take advantage of the opportunity in front of us, building to our goal of $100M of adjusted EBITDA in 2025.”
https://www.businesswire.com/news/home/20201001005404/en/Playboy-to-Become-a-Public-Company
Also, according to their Form 4s, “Big” Dong Liu and “lil” Suying Liu just loaded up with shares last week. These guys are brothers and seem like the Chinese market connection. They are only 32 & 35 years old. I don’t even know what that means, but it's provocative.
https://www.secform4.com/insider-trading/1832415.htm
https://finance.yahoo.com/news/mountain-crest-acquisition-corp-ii-002600994.html
Y’all like that China money?
“Mr. Liu has been the Chief Financial Officer of Dongguan Zhishang Photoelectric Technology Co., Ltd., a regional designer, manufacturer and distributor of LED lights serving commercial customers throughout Southern China since November 2016, at which time he led a syndicate of investments into the firm. Mr. Liu has since overseen the financials of Dongguan Zhishang as well as provided strategic guidance to its board of directors, advising on operational efficiency and cash flow performance. From March 2010 to October 2016, Mr. Liu was the Head of Finance at Feidiao Electrical Group Co., Ltd., a leading Chinese manufacturer of electrical outlets headquartered in Shanghai and with businesses in the greater China region as well as Europe.”
Dr. Suying Liu, Chairman and Chief Executive Officer of Mountain Crest Acquisition Corp., commented, “Playboy is a unique and compelling investment opportunity, with one of the world’s largest and most recognized brands, its proven consumer affinity and spend, and its enormous future growth potential in its four product segments and new and existing geographic regions. I am thrilled to be partnering with Ben and his exceptional team to bring his vision to fruition.”
https://www.businesswire.com/news/home/20201001005404/en/Playboy-to-Become-a-Public-Company
These guys are good. They have a proven track record of success across multiple industries. Connections and money run deep with all of these guys. I don’t think they’re in the game to lose.
I was going to write a couple more paragraphs about why you should have a look at this but really the best thing you can do is read this SEC filing from a couple days ago. It explains the situation in far better detail. Specifically, look to page 137 and read through their strategy. Also, look at their ownership percentages and compensation plans including the stock options and their prices. The financials look great, revenue is up 90% Q3, and it looks like a bright future.
https://www.sec.gov/Archives/edgadata/1803914/000110465921005986/tm2034213-12_defm14a.htm#tSHCF
I’m hesitant to attach this because his position seems short term, but I’m going to with a warning because he does hit on some good points (two are below his link) and he’s got a sizable position in this thing (500k+ on margin, I think). I don’t know this guy but he did look at the same publicly available info and make roughly the same prediction, albeit without the in depth gambling or cannabis mention. You can also search reddit for ‘MCAC’ and very few relevant results come up and none of them even come close to really looking at this thing.
https://docs.google.com/document/d/1gOvAd6lebs452hFlWWbxVjQ3VMsjGBkbJeXRwDwIJfM/edit?usp=sharing
“Also, before you people start making claims that Playboy is a “boomer” company, STOP RIGHT THERE. This is not a good argument. Simply put. The only thing that matters is Playboy’s name recognition, not their archaic business model which doesn’t even exist anymore as they have completely repurposed their business.”
“Imagine not buying $MCAC at a 400M valuation lol. Streetwear department is worth 1B alone imo.”
Considering the ridiculous Chinese growth as a lifestyle brand, he’s not wrong.
Current Cultural Significance and Meme Value: A year ago I wouldn’t have included this section but the events from the last several weeks (even going back to tsla) have proven that a company’s ability to meme and/or gain social network popularity can have an effect. Tik-tok, Snapchat, Twitch, Reddit, Youtube, Facebook, Twitter. They all have Playboy stuff on them. Kids in middle and highschool know what Playboy is but will likely never see or touch one of the magazines in person. They’ll have a Playboy hoodie though. Crazy huh? A lot like GME, PLBY would hugely benefit from meme-value stock interest to drive engagement towards their new business model while also building strategic coffers. This interest may not directly and/or significantly move the stock price but can generate significant interest from larger players who will.
Bull Case: The year is 2025. Playboy is now the world leader pleasure brand. They began by offering Playboy licensed gaming products, including gambling products, direct to consumers through existing names. By 2022, demand has skyrocketed and Playboy has designed and released their own gambling platforms. In 2025, they are also a leading cannabis brand in the United States and Canada with proprietary strains and products geared towards sexual wellness. Cannabis was legalized in the US in 2023 when President Biden got glaucoma but had success with cannabis treatment. He personally pushes for cannabis legalization as he steps out of office after his first term. Playboy has also grown their brand in China and India to multi-billion per year markets. The stock goes up from 11ish to 100ish and everyone makes big gains buying somewhere along the way.
Bear Case: The United States does a complete 180 on marijuana and gambling. President Biden overdoses on marijuana in the Lincoln bedroom when his FDs go tits up and he loses a ton of money in his sports book app after the Fighting Blue Hens narrowly lose the National Championship to Bama. Playboy is unable to expand their cannabis and gambling brands but still does well with their worldwide lifestyle brand. They gain and lose some interest in China and India but the markets are too large to ignore them completely. The stock goes up from 11ish to 13ish and everyone makes 15-20% gains.
TL;DR: Successful technology/e-commerce investment firm took over Playboy to turn it into a porn, online gambling/gaming, sports book, cannabis company, worldwide lifestyle brand that promotes sexual wellness, vetern access, women-ownership, minority-ownership, and “pleasure for all”. Does a successful online team reinventing an antiquated physical copy giant sound familiar? No options yet, shares only for now. $11.38 per share at time of writing. My guess? $20 by the end of February. $50 by EOY. This is not financial advice. I am not qualified to give financial advice. I’m just sayin’ I would personally use a Playboy sports book app while smoking a Playboy strain specific joint and it would be cool if they did that. Do your own research. You’d probably want to start here:
WARNING - POTENTIALLY NSFW - SEXY MODELS AHEAD - no actual nudity though
https://s26.q4cdn.com/895475556/files/doc_presentations/Playboy-Craig-Hallum-Conference-Investor-Presentation-11_17_20-compressed.pdf
Or here:
https://www.mcacquisition.com/investor-relations/default.aspx
Jimmy Chill: “Get into any SPAC at $10 or $11 and you are going to make money.”
STL;DR: Buy MCAC. MCAC > PLBY couple weeks. Rocketship. Moon.
Position: 5000 shares. I will buy short, medium, and long-dated calls once available.
submitted by jeromeBDpowell to SPACs [link] [comments]

My long story of my trip from Minneapolis to Kansas City (pics, included)

So I took a trip to Kansas City from Minneapolis on a business matter. Just the week before I'd driven in my 97 Honda Civic from Minneapolis to Chicago (no pics). I found the Chicago trip to be fun and interest. The drive was filled with a lot of interesting views, people, and things to do. By contrast, the drive to Kansas City pretty much grated on my nerves.
The drive down thru southern Minnesota wasn't so bad. But once I got into Iowa, I started to get sleepy. The landscape is so boring. So I stopped at this gas station, got a hot dog, chips, and a drink, and relaxed for the evening. The gas station parking lot was full of trucks. Dozens of them. But I found a quiet spot in the back and began to fall asleep around midnight. Unfortunately, some dipshits decided to park right next to me and start some bullshit argument. Screaming, "You motherfucker, you left my cell phone, my clothes, and all my shit back at the park cuz you got scared of the cops! Go back to the park and get my shit!"
I understand I don't own the parking lot. But why do idiots have to park next to me. This is the reason why I completely black out my windows and have earbuds. Because it's easy to tune out others that way. But I had neither that evening so I had to endure those idiots for 30 minutes til they finally left.
I woke up after 7:30am the next day and started driving. And driving. And driving. I stopped off at Des Moines and ate at a local McDs. Des Moines was virtually a ghost town. I could count the number of people I saw on the street on my fingers. But it was raining...so....
In any case, I got back on the road and did more driving and the drive just grated on my nerves. Iowa is the size of England yet the population is only 1 million. And the landscape is nothing but boring praire. Take a look at this pic. This is just a small road. But on the right is what you see on either side of you while driving down the Iowa highway. Nothing but flat prairie dotted by the occasional farmhouse. It's mind numbingly boring beyond belief. Especially when you're in a hurry. When you're in a hurry, not so boring.
And Iowa is low on exits of any kind. You can go 5+ miles without seeing any exit. Not an exit for a town, a rest stop, or anything. So if you have to go to the bathroom real bad, you could be holding it in for around 10 miles. And the drive is even more dreary in the rain.
But I did find an exit for the Lakeside Casino. I had to stop or I'd have fallen asleep. Their video arcade was smaller than my old bedroom. And the restaurant was dead. I played a few slots but wasn't feeling it. The place was pretty dead. The place was pretty much like any other Native American casino: mostly filled with chain smoking old folks gambling away their retirement money. Plus, this being rural America, I got a few, "Are you serious?" looks from the locals because I was wearing a mask. Although all employees were wearing masks, less than half the patrons were wearing masks and the employees weren't enforcing masks.
After a few dollar lost, I went to sleep in the parking lot. I wish I had money for an RV space on the other side of the lot. The casino also has an RV park for people who wanna gamble regularly. Looks like that's how they spend their retirement: living on the lot while gambling. Nice way to retire.
After a long drive, I made it into Missouri and finally Kansas City. But it was night by then and I stopped at the local Walmart for relaxation and some zees. Unfortunately, a couple of idiots, one in a white truck and the other in black, had to park right across from me, so they could have a contest to see whose car could rev up the loudest. I was severely tempted to go into the Walmart and buy a weapon but they went inside. I parked as far from them as I could and got some sleep.
I woke up around midnight to the sound of the Walmart parking lot sweeper making a huge racket. At the far end, he wasn't annoying. But he kept on driving past my car and it was too loud. After a while, he seemed to go away. I needed to pee so I whipped out my pee bottle. I covered it up under my blanket. Right when I was dabbing the last remains, the sweeper comes right next to the car and looks dead at me. Even though I couldn't see his expression, I am 100% positive he thought I was beating my meat. Because he never came by my car again. I resolved right then and there to get black cardboard to cover my windows.
The next day, I finished my business in Kansas City, used the library to charge my devices, and ht the road for Minneapolis. And I kept driving and driving and driving until I thought, "I must be close to Des Moines by now." But then I saw a sign that said, "Welcome to Iowa!" and I screamed at the top of my lungs. It was gonna be a long drive.
But I drove faster this time. Kept my foot on the accelerator and stopped only a few times. There are three rest stops in Iowa and the all have stall doors that are only five feet high. So if you were taking a piss, you could turn your head and see a guy dropping a deuce. Nice interior design.
I kept driving until I finally needed gas. The gas station had a dystopian feel. The shelves were half empty, the cashier looked like Willie Nelson, and the owners could probably count the number of customers they got per year on their hands. The local Dairy Queen had seen better days. So had the abandoned trailer behind it. The Super 8 appeared to be the liveliest spot in town.
After I got on the highway, I drove the remaining 1 and a half to 2 hours at 70 miles without stopping. When I made it back to Minneapolis, I parked at my regular pizza shop. That's when I noticed white smoke was coming from my car. I looked at the temperature gauge to see the needle was way up there in the red. Crap.
I got some pasta. Then parked at a nearby Taco Bell, near the Valvoline Oil where I was gonna get an oil change. The Taco Bell kept on having dipshits who would blast their loud crap music even while waiting in line at the drive thru. But I was far away enough to fall asleep.
When I got to Valvoline, they told me I had an oil leak and it would take more money to fix than what I'd paid for it. Shit. Time to get a new car. The end.
submitted by Party-Lecture to urbancarliving [link] [comments]

$BTDG featured in article write-up along with Dick's Sporting Goods >>

The Contrarian Opportunity in Sports Stocks (CHDN, DKNG, BTDG, DKS)
https://biopharmajournal.com/2020/10/01/the-contrarian-opportunity-in-sports-stocks-chdn-dkng-btdg-dks/
Experts continue to see a coming vaccine for the virus behind the pandemic, and hospitalizations and deaths continue to diverge from case numbers, which is another very positive potential signal, despite mainstream clamoring about a looming “twindemic” disaster, as a purported second wave coincides with cold and flu season.
All of this may add up to risk for bear bets in the market, especially those targeting the sports industry, which has been reeling from a lack of public participation in live events. That may represent a potential opportunity for access to long-term growth potential at a discount at present prices.
With that in mind, we take a look at some of the most interesting stocks in the space, including: Churchill Downs Inc (NASDAQ:CHDN), Draftkings Inc (Nasdaq:DKNG), B2Digital Inc (OTCMKTS:BTDG), and Dicks Sporting Goods Inc (NYSE:DKS).
Churchill Downs Inc (NASDAQ:CHDN) is a prime specimen for bears looking to bet against live events due to a lack of public perception of safety. The company has the double whammy of also being part of the gaming industry, which has taken a big hit as well.
The company bills itself as an industry-leading racing, online wagering, and gaming entertainment company anchored by our iconic flagship event – The Kentucky Derby. The company owns and operates Derby City Gaming, a historical racing machine facility in Louisville, Kentucky. It also owns and operates the largest online horse racing wagering platform in the U.S., TwinSpires.com, and sports betting and iGaming through its BetAmerica platform in multiple states. CHDN is also a leader in brick-and-mortar casino gaming with approximately 11,000 slot machines and video lottery terminals and 200 table games in eight states.
Churchill Downs Inc (NASDAQ:CHDN) most recently announced its plans to open simulcast and historical racing machine operations at Oak Grove Racing, Gaming & Hotel in Oak Grove, Kentucky, to the public on Friday, September 18. According to the release, Oak Grove will debut 1,325 state-of-the-art HRMs with some of the best themes from Ainsworth, Scientific Games and International Gaming Technology. Dining and beverage options include Garrison Oak Steakhouse, two quick serve eateries, a coffee house, sports bar and luxurious lobby bar. The second phase of the Oak Grove project will open in October 2020 and will include a 128-room hotel, equestrian center, amphitheater, and RV Park.
“We have an exceptional team poised to deliver a premier entertainment experience and regional destination for Western Kentucky and nearby Nashville, Tennessee,” said Bill Carstanjen, CEO of CDI. “We are committed to investments like Oak Grove that will help support live racing at Kentucky racetracks by generating larger purses and attracting better horses.”
And the stock has been acting well over recent days, up something like 12% in that time.
Churchill Downs, Inc. (NASDAQ:CHDN) managed to rope in revenues totaling $185.1M in overall sales during the company’s most recently reported quarterly financial data — a figure that represents a rate of top line growth of -61.2%, as compared to year-ago data in comparable terms. In addition, the company has a strong balance sheet, with cash levels far exceeding current liabilities ($699M against $488.2M).
Draftkings Inc (Nasdaq:DKNG) is well aligned with the fate of the NFL at this point. And, given recent news of virus outbreaks for the Titans and Vikings, and possibly others, the stock has held up quite well, but may still have further to squeeze if we see contrarian positives on the virus front in the near term.
In a nutshell, the company provides users with daily sports, sports betting, and iGaming opportunities. It is also involved in the design and development of sports betting and casino gaming platform software for online and retail sportsbook, and casino gaming products. The company distributes its product offerings through various channels, including traditional websites, direct app downloads, and direct-to-consumer digital platforms.
Draftkings Inc (Nasdaq:DKNG) most recently announced that Erik Bradbury has been named the Company’s Chief Accounting Officer and principal accounting officer effective September 10, 2020, reporting to Jason Park, the Company’s Chief Financial Officer. Mr. Bradbury, who brings more than 16 years of experience in corporate accounting to DraftKings, was most recently a Partner with Ernst & Young and served as a Professional Accounting Fellow at Financial Executives International.
“We are thrilled to have Erik join DraftKings at this exciting time,” said Jason Park, DraftKings Chief Financial Officer. “Erik brings a breadth of expertise working with public companies applying U.S. GAAP, IFRS, and SEC reporting requirements, which will enhance our already strong corporate accounting team and help scale this function as the Company continues to grow.”
And the stock has been acting well over recent days, up something like 19% in that time. Shares of the stock have powered higher over the past month, rallying roughly 51% in that time on strong overall action.
Draftkings Inc (Nasdaq:DKNG) brought in over $71 million in its last quarterly financial data.
B2Digital Inc (OTCMKTS:BTDG) is “the premier development league in MMA”. That’s a pretty good spot. Especially considering that the company is verticalizing on the media side, creating strong marketing and distribution agreements to showcase its top talent across the country and around the world.
The company operates live events, pay-per-view media, gyms, and other resources to maximize the development of future stars in the MMA sport. B2Digital operates a number of fighting events brands, including Pinnacle, HRMMA, Strikehard, and others, and has developed and deployed the systems and technologies for the operation of the B2 Fighting Series. This includes social media marketing, event management, digital ticketing sales, digital video distribution, digital marketing, PPV, FTV, merchandise sales, brand management, and financial control systems. B2Digital owns all rights for TV, internet, social media, media, merchandising and trademarks, and branding for the B2Digital companies.
B2Digital Inc (OTCMKTS:BTDG) most recently announced that its Pinnacle Combat 32 MMA event in Farley, Iowa, on Saturday, September 26, featuring a combination of top amateur and pro fights, was another successful venture with a solid pay-per-view presence and sold out in-person attendance.
According to the release, the event drove larger in-person revenue levels on a per-ticket basis due to an increased in-person attendance allowance. The event also generated higher overall margins on each attendee ticket sold than in the Company’s prior event in Alabama.
“Iowa was a huge success that dramatically exceeded our expectations despite the headwinds presented by the difficult context,” commented Greg P. Bell, Chairman & CEO of B2Digital. “That success was driven by strong organic growth as our brand continues to rapidly expand. But it was also likely aided by a sense of pent-up demand for live MMA action. The other big success we saw on Saturday was a very strong performance from our new B2InstaStore marketing program. We gave our fighters, fans, and followers a resource for driving ticket sales and they have responded.”
B2Digital Inc (OTCMKTS:BTDG) has shown strong sales growth, and more importantly, has put in place a number of strategies pointing to accelerating breakout growth ahead, including innovations on the marketing front and an aggressive schedule of live PPV events this fall.
Dicks Sporting Goods Inc (NYSE:DKS) operates as a sporting goods retailer primarily in the eastern United States. It provides hardlines, including sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear products; apparel; and footwear and accessories.
The company also owns and operates Golf Galaxy, Field & Stream, and other specialty concept stores; and e-commerce websites, as well as GameChanger, a youth sports mobile app for scheduling, communications, and live scorekeeping. As of May 02, 2020, it operated 726 DICK’S Sporting Goods stores.
Dicks Sporting Goods Inc (NYSE:DKS) just announced that it will expand its nationwide footprint with the opening of one DICK’S Sporting Goods store, one combination DICK’S and Golf Galaxy location, and one Golf Galaxy store in September. These new stores will bring approximately 150 collective jobs to communities through the hiring of full-time, part-time and temporary associates for the stores.
According to the company’s release, DICK’S Sporting Goods and Golf Galaxy locations will offer top-of-the-line in-store services and exclusive offerings in apparel, footwear and equipment from the Company’s own private brands, such as DSG, Tommy Armour, CALIA by Carrie Underwood, Field & Stream and Fitness Gear, as well as popular national vendors like Nike, adidas, YETI, The North Face, Callaway and TaylorMade.
The context for this announcement is a bit of a bid, with shares acting well over the past five days, up about 9% in that timeframe.
Dicks Sporting Goods Inc (NYSE:DKS) managed to rope in revenues totaling $2.7B in overall sales during the company’s most recently reported quarterly financial data — a figure that represents a rate of top line growth of 20.1%, as compared to year-ago data in comparable terms. In addition, the company is battling some balance sheet hurdles, with cash levels struggling to keep up with current liabilities ($1.1B against $2.3B, respectively).
submitted by IllustriousProgram5 to pennystocks [link] [comments]

온카지노 붐카지노 더블업카지노 카지노사이트 바카라사이트

온카지노 붐카지노 더블업카지노 카지노사이트 바카라사이트
Hard Rock Hotel & Casino Sioux City in Iowa has enhanced its existing sports betting offering

with the recent launch of a mobile sportsbook. Read 바카라 사이트

https://preview.redd.it/6z3mm2y3dwm51.png?width=300&format=png&auto=webp&s=21148313a4b95647f418cd0cf873e79eaaebbf8b
Just like its retail sportsbook, which welcomed its first bettors in September
the mobile solution is powered by European gaming and wagering technology provider Gaming Innovation Group (GiG).

This week’s launch of the mobile sportsbook was completely in line with Hard Rock and GiG’s plans to

roll-out the app in the fourth quarter of the year.

Commenting on the latest milestone in GiG’s US expansion campaign the company’s Chief Information Officer

Chris Armes, said that their Iowa mobile sportsbook went live

“온카지노 after many weeks of hard work from both GiG and Hard Rock.”

Iowa legalized sports betting over the summer. In August, the state Racing and Gaming Commission gave the green light to 더블업카지노 to offer retail, desktop

and mobile wagering to customers aged 21 or over and located within the state’s borders.

Hard Rock Sioux City launched its GiG-powered 카지노사이트 in September, about a month after the first legal bet was accepted in Iowa.

The opening of the sportsbook at the Sioux City property extended Hard Rock and GiG’s cooperation

which was originally 바카라사이트

Iowa Sports Betting Growing Nicely
Iowa saw a 27.5% increase in wagers in November, according to information from state regulators. The state’s sportsbooks, both retail and digital, handled $59.3 million in bets last month.

More than half the total betting handle in November came from online bets.

State bettors wagered more than $33.7 million through desktop and mobile devices

while retail sportsbooks handled about $25.7 million in wagers on a number of sports.

William Hill-powered Prairie Meadows Racetrack & Casino was once again the top performer in terms of bets placed with its retail and digital sportsbooks.

The gambling venue processed nearly $20.6 million in wagers last month, of which $19.1 million were placed online.

Betting revenue in the state amounted to $3.6 million in November. The majority came from Iowa’s sports betting facilities. Retail revenue totaled $2.067 million, while digital revenue amounted to $1.5 million last month.

Hard Rock’s Sioux City property handled nearly $1.7 million in bets in November, which translated to revenue of $171,018.

Hard Rock’s property in Iowa was the second one to go live with sports betting following the launch of its GiG-powered wagering operation in Atlantic City early this year.

Under the terms of the deal between the European tech supplier and the Florida-based casino and hospitality company

they are set to open more sportsbooks and roll out betting apps in more states as sports betting gains more and more traction in the United States.
submitted by tobya1987 to u/tobya1987 [link] [comments]

Today's Pre-Market Movers & News [Monday, January 27th, 2020]

Good morning traders and investors of the wallstreetbets sub! Welcome to the new trading week and a fresh start! Here are your pre-market news this AM-

Today's Top Headlines for Monday, January 27th, 2020

STOCK FUTURES CURRENTLY:

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LAST WEEK'S MARKET MAP:

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TODAY'S MARKET MAP:

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LAST WEEK'S S&P SECTORS:

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TODAY'S S&P SECTORS:

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TODAY'S ECONOMIC CALENDAR:

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THIS WEEK'S ECONOMIC CALENDAR:

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THIS WEEK'S UPCOMING IPO'S:

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THIS WEEK'S EARNINGS CALENDAR:

($AAPL $TSLA $AMD $AMZN $MSFT $FB $BA $GE $MA $T $V $SBUX $PYPL $MCD $LMT $MMM $DHI $PFE $UTX $KO $UPS $S $NURO $HMST $VZ $HCA $XLNX $ARNC $XOM $CAT $BX $PGR $LRCX $GD $PHM $NVR $PII $SALT $BIIB $NOW $ANTM $NUE $ALK $PLUG $MPC)
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THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:

($DHI $NURO $HMST $S $ARNC $NVR $SALT $BMRC $RDY $BOH $OPB $ARLP $PROV $NWBI)
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THIS AFTERNOON'S POST-MARKET EARNINGS CALENDAR:

()
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T.B.A.

EARNINGS RELEASES BEFORE THE OPEN TODAY:

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EARNINGS RELEASES AFTER THE CLOSE TODAY:

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NONE.

FRIDAY'S ANALYST UPGRADES/DOWNGRADES:

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FRIDAY'S INSIDER TRADING FILINGS:

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TODAY'S DIVIDEND CALENDAR:

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THIS MORNING'S MOST ACTIVE TRENDING TICKERS:

  • SPY
  • NNVC
  • BABA
  • QQQ
  • SPCE
  • TVIX
  • APT
  • ABBV
  • DJIA
  • DIA

THIS MORNING'S STOCK NEWS MOVERS:

(source: cnbc.com)
D.R. Horton (DHI) – The homebuilder earned $1.16 per share for its fiscal first quarter, beating the consensus estimate of 92 cents a share. Revenue also topped forecasts. New orders were up 19% on a volume basis and up 22% in value. The company also raised the upper end of its full-year home sales forecast.

STOCK SYMBOL: DHI

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Arconic (ARNC) – Arconic missed estimates by a penny a share, with adjusted quarterly earnings of 53 cents per share. Revenue came in shy of Wall Street predictions. The maker of engineered metals products saw a 1% improvement in organic revenue on factors like favorable pricing and raw materials costs, partially offset by some weakness in its automotive and commercial transportation markets. Arconic also said it would complete its planned split of its aerospace components and aluminum rolling businesses into two companies on April 1.

STOCK SYMBOL: ARNC

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Travel-related stocks – These are likely to be hit once again as coronavirus cases mount – including major airlines like United Airlines (UAL), Delta Air Lines (DAL), American Airlines (AAL), and Southwest (LUV), and cruise line operators like Royal Caribbean (RCL), Norwegian Cruise Line (NCLH), and Carnival Cruise Lines (CCL). Casino stocks like Wynn Resorts (WYNN) and Las Vegas Sands (LVS) are also being hit.

STOCK SYMBOL: UAL

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Starbucks (SBUX) – Starbucks has temporarily closed all its shots in China’s Hubei province and suspended delivery services, amid health concerns for customers and employees amid the spread of the coronavirus.

STOCK SYMBOL: SBUX

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Estee Lauder (EL) – Oppenheimer downgraded the cosmetics maker to “perform” from “outperform.” The firm cited the stock’s premium valuation coupled with concerns about the coronavirus impact on a company that has seen China represent a key driver of recent growth.

STOCK SYMBOL: EL

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Boeing (BA) – Boeing completed a successful maiden voyage of its 777-X jet over the weekend, a respite for the jet maker amid the ongoing grounding of its 737 Max jet.

STOCK SYMBOL: BA

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AbbVie (ABBV) – AbbVie sold a number of assets to Nestle and AstraZeneca (AZN), as it seeks to win regulatory approval for its $63 billion acquisition of drugmaker Allergan (AGN).

STOCK SYMBOL: ABBV

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Fiat Chrysler (FCAU) – Fiat Chrysler filed court motions Friday to dismiss a lawsuit filed by rival automaker General Motors (GM). Fiat Chrysler said GM does not have sufficient grounds to bring a racketeering case that alleges bribery of union officials.

STOCK SYMBOL: FCAU

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Kraft Heinz (KHC) – Kraft Heinz CEO Miguel Patricio told The Wall Street Journal that he wants to food maker to make fewer but bigger bets on new products, as its older brands suffer a sales decline.

STOCK SYMBOL: KHC

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Alphabet (GOOGL) – State attorneys general will meet with Justice Department officials to share investigative material involving Google, according to The Wall Street Journal.

STOCK SYMBOL: GOOGL

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Winnebago Industries (WGO) – The RV maker was rated “overweight” in new coverage at KeyBanc, which sees recreational vehicle shipments stronger than consensus for 2020 and is also optimistic about the increasing benefits of Winnebago’s 2016 acquisition of towable vehicle maker Grand Design.

STOCK SYMBOL: WGO

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DISCUSS!

What is on everyone's radar for today's trading day ahead here at wallstreetbets?

I hope you all have an excellent trading day ahead today on this Monday, January 27th, 2020! :)

submitted by bigbear0083 to wallstreetbets [link] [comments]

2004 Forbes Magazine Article

This article is still available online at this point:
Sensei's World
Benjamin Fulford, David Whelan, 09.06.04
Soka Gakkai, a strikingly wealthy Japanese sect, tries again for U.S. glory with a splendid new campus. Daisaku Ikeda's unaccountable empire can thank lax treatment of the nonprofit world.
Walk the hilly campus of Soka University of America in Aliso Viejo, Calif. and you enter the fabulous world of the international nonprofit. The three-year-old school has so far put about $300 million into its 103 suburban Orange County acres, and this is still a work in progress. As of this fall, only 400 students will meander among the rich, Romanesque architecture.
The primary benefactor of Soka U is a controversial offshoot of Japanese Buddhism called Soka Gakkai, headed for 44 years by the sometimes messianic and persistently self-aggrandizing Daisaku Ikeda. But significant secondary support comes from favorable tax treatment in Japan, the U.S. and around the globe, just as enjoyed by other philanthropies big and small. In the U.S. the nonprofit sector is spending $875 billion a year and employs 9% of the work force yet has precious little accountability, other than the public financial statements required of most charities. Religious entities don't even have that degree of accountability. They enjoy all the benefits of tax exemption without any requirement that they say what they are up to.
Soka Gakkai is a shadowy case in point. Ikeda, now 76 and president of Soka Gakkai International, the sect's global umbrella, claims 12 million followers and has amassed an empire that was put at $100 billion by a Japanese parliamentarian a decade ago. (The sect says that's wrong but otherwise won't comment on its finances.) A nasty split from Nichiren Buddhists set off a cycle of alleged violence, blackmail and intimidation. Soka Gakkai members in Japan have been charged with illegal wiretapping and breaking into private databases. The sect says it has nothing to do with those activities, noting that its ranks include nearly 10% of all Japanese. But yet-darker allegations have been made (see box, p. 130).
Soka Gakkai (literally, "value-creating society") brings in, conservatively, $1.5 billion a year to the top line, according to our best estimates of its membership, its tithing demands and its commercial activities. Most of that revenue is collected in Japan, where the sect sells its flock funeral plots, assorted religious paraphernalia and a newspaper (5.5 million subscribers). The group's far-flung international assets include estates in France and the U.K. In gilded Santa Monica, Calif. a Soka-owned office high- rise and auditorium sit across Wilshire Boulevard from each other, near the town's beach. In the nearby hills a Soka affiliate holds the King Gillette Ranch-- which was used for footage of "Tara" in the film Gone with the Wind. A thousand spiritual centers worldwide include a site worth $6 million near New York City's Union Square.
In wealth and claimed following, Soka Gakkai exceeds more familiar sects such as Hare Krishna, the church of the Reverend Sun Myung Moon and today's hippest (Madonna, etc.) group, members of the Kabbalah Centre. In the U.S. a church can lose its federal tax exemption for getting into politics. Soka managed to get around a similar restriction in Japan, where Ikeda has built up a political party, New Komeito, that helps the long-governing Liberal Democrats hold power.
Soka University of Japan opened in 1971. Soka University of America, first established in 1987 on what is now a graduate campus in Calabasas, Calif., near Malibu, recently obtained preaccreditation for its undergraduate program from an outfit certified by the U.S. Education Department. A parallel process that will cover graduate students also is moving forward.
The preaccreditation means that for the past year American undergrads at Soka U--which reported to the IRS that its assets exceed $740 million--have been eligible to obtain up to $23,000 in federal Stafford loans over the course of their education. Needy recipients can get up to an additional $4,000 a year in Pell Grants.
What are Ikeda's aims? Five years after gaining command of Soka Gakkai, he told a Japanese writer: "I am the king of Japan; I am its president; I am the master of its spiritual life; I am the supreme power who entirely directs its intellectual culture." In the years since, "world peace" has been the sect's mantra. New Komeito promotes pacifism in Japan. Representatives of the sect have worked the UN and other official venues touting international harmony and goodwill--and usually Ikeda. Followers mount a traveling show equating him with Martin Luther King Jr. and Mahatma Gandhi.
In the sect's 1,000 meeting halls Soka members exercise the "life-enhancing" power of chanting. Believers are encouraged to be "many in body, one in mind." This means "You have to make sensei's [teacher's] heart your own. You have to fulfill [Ikeda's] dreams instead of your own," maintains Lisa Jones, a former aide and follower who ghostwrote an Ikeda book and now maintains a Soka-doubter Web site. "His dream is kosen-rufu, or what Soka members call ‘world peace,' which will be achieved when one third of the world chants, one third merely celebrates Ikeda, and the other third doesn't care," she says.
A Soka bid for favor in the U.S. a generation ago, drawing on the era's culture clash and some affiliated celebrities, attracted unwelcome press, and the sect receded a bit. But it has never given up efforts to establish legitimacy and further Ikeda's vision. He founded the Boston Research Center for the 21st Century in a 13,000-square-foot Georgian building next to Harvard University. Ikeda has enticed Mikhail Gorbachev and Henry Kissinger into numerous discussions. He also met with historian Arnold Toynbee, double Nobel Prize winner Linus Pauling and civil rights figure Rosa Parks (Soka's U.S. arm boasts a sizable black membership). Some of the conversations with luminaries have been published and sold.
More idealistic or benign than sinister and manipulative? The veil that surrounds the nonprofit world, especially religions, ensures that only the outlines are visible. Soka University files an IRS form; the organization behind it doesn't.
Congress is training its sights anew on nonprofits. Charles Grassley (R-Iowa) chairman of the Senate Finance Committee, held hearings in June on tax-exempt abuses. "Far too many charities have broken the understood covenant between the taxpayers and nonprofits," he said. He was angered by local news reports about the looting of family foundations. On Aug. 10 the Internal Revenue Service promised to increase from 230 to 300 the agents it assigns to nonprofit entities. This tiny crew is supposed to take on 1.6 million tax-exempt organizations and an estimated 400,000 additional religious groups that do not have to submit annual tax forms to the IRS. Investigations are typically initiated only in response to complaints. Exceptions to this passive role include the IRS' decades-long losing war with the Church of Scientology.
In the post-Sept. 11 era some Muslim groups have come under scrutiny for ties to terrorism. The Department of Justice recently prosecuted the former head of the American Muslim Council and indicted seven leaders of the Dallas-based Holy Land Foundation. But unless you're tied into terror, you can shout from the rooftops and no one is likely to come looking at your books. "Every revenue agent you assign to a corporate tax return will generate millions of dollars. Every [revenue agent] you assign to a tax-exempt one may not pay his own salary," says Marcus Owens, who headed the IRS' Exempt Organizations division from 1990 to 2000 and is now a private Washington attorney.
So the Ikeda-related wealth here is virtually untouchable. In Japan, Soka has not only its 8,000-student university but also its enhanced political power. At least 20% of the Liberal Democrat deputies could have lost without the support of Soka followers last October, enough to give the opposition Democratic Party a plurality in the Diet. "It's like becoming addicted to amphetamines," says Katsuei Hirasawa, an LDP member of parliament, of his party's link with Komeito.
In a July op-ed in the Asahi newspaper, Koji Ishimura, a professor of tax law at Hakuho University, argued that Soka's political activities were an abuse of its status as a religion. "The influence of a ruling party that relies on a specific religion's organization to form its power base is growing stronger," wrote Ishimura, who called for Soka's donations to be taxed.
Ikeda established his fundraising prowess early on. According to University of North Carolina professor James White, who wrote a book about Soka, Ikeda threw a scare into the Japanese insurance industry in the 1960s in a crash four-day drive for a key temple at Mount Fuji. Record sums were raised, with some members cashing in life policies to help.
Soka's initial U.S. academic beachhead in rustic Calabasas met with bustle-wary neighbors. After an extended development fight, the 660 acres today may be home to only half a dozen linguistics students destined for jobs as language instructors for Japanese Soka emissaries.
The action shifted to Aliso Viejo in 2001, with promises of a nonsectarian institution with a first-rate library and renowned secular faculty. The new master-planned community was accommodating. Campus athletic and arts attractions, as well as the library, were open to the public. Popular U.S. author Joe McGinniss was a notable instructor hire.
But reality began to kick in when McGinniss and others complained of interference from on high. Several staff have left--McGinniss' contract wasn't renewed--and one sued. Another filed for arbitration and lost.
Earnest university officials are at pains to showcase an arts-and-letters idyll devoted to the betterment of mankind. Soka U insists it is an independent, nonsectarian school not even as religiously influenced as, say, Brigham Young or Notre Dame universities. But at least a majority of Soka U's trustees have direct Soka Gakkai connections. Today 70% of matriculants are Soka Gakkai members.
Some secular faculty felt squeezed. The university was sued in 2002 by Linda Southwell, a fired fine arts professor. Her complaint disputed a "commitment to rigorous academic endeavor, free and open dialogue, and an appreciation for human diversity" when "in reality the curriculum is intended to reflect cult beliefs and perspectives" and speech and association are limited. She also claimed Soka members were favored faculty.
Soka University settled the discrimination and wrongful termination in a "satisfactory" manner that included a confidentiality clause, Southwell's lawyer Brian Glicker says. Another professor, who quit her "frightening" job, begs off discussing the specifics of her beef.
Glicker maintains he's heard from several other non-Soka Gakkai International staff members. "Many or most non-SGI staff or faculty are at least considering leaving," says one disaffected professor. "The university was only able to hire 7 or 8 of the 21 faculty it tried to hire." University officials say they'd not heard this and attribute departures to the growing pains of a new school. They claim an 81% retention rate.
An initial goal of 1,200 students remains a ways off. Has the academic friction been a roadblock? The university says more hiring and building await full accreditation, which it expects soon. On campus, the image is of serenity and strength. The buildings use the same stone featured in the Colosseum in Rome. Ikeda insisted on using it because he intends his university to last 2,000 years, a Soka U spokesman explains. The campus also sports a security camera network rivaling that of any casino.
The university includes a sizable "guest house" and a larger "athenaeum" overlooking a regional park. The sumptuous residence is set aside for VIPs, such as, in the words of one university official, "the president of Venezuela or Daisaku Ikeda." It has ornate furniture, a portrait of Ikeda and many artworks, all covered in white cloth until the VIPs show.
The undergraduate catalog says that "as leaders and decision makers," Soka's graduates "will be guided by the ideal of a contributive life, a humanistic approach drawn from Buddhist thought." But Soka Gakkai newspapers and other publications, filling a prominent shelf in the Soka University library--named for Ikeda--all feature Ikeda's interpretations of Buddhism: To wit, achieve world peace and democracy by becoming one in Soka and chanting. The university notes it also has other Buddhist texts.
Like other students approached at Aliso Viejo, Fabiana Sanchez, 21, a senior and a Soka Gakkai member, says she wants to do something for society or peace. She plans to return to her native Venezuela upon graduation and get involved in some sort of work "linking education and politics."
Soka U denies a rumor that the aging sensei plans a visit soon to his American academic citadel. Succession at the sect's helm is uncertain: Two sons are vice presidents in Soka but the sect denies a hereditary rule. Meanwhile the tax-favored billions continue to roll in, almost entirely outside the purview of authorities anywhere.
Chant of the Faithful
Prominent believers in Soka Gakkai include Mariane Pearl, the widow of murdered journalists Daniel Pearl, jazz musician Herbie Hancock and Patrick Duffy of Dallas Tv show fame. Singer Tina Turner was identified with Soka Gakkai in years past, but her spokesman would not confirm an association.
As of this fall, only 400 students will meander among the rich, Romanesque architecture.
They're still only having around that many students, and here we are, over 15 years after that article was written. Part of it is that Soka U rejects a large number of applicants because doing so creates a metric that is used to indicate "exclusivity" by ranking agencies. Will Soka U ever reach its goal of a 1,200-strong student body? My sources say No.
The sect says that's wrong but otherwise won't comment on its finances.
That's exactly the kind of criticism we get here from the SGI crusaders who pop in - they'll say "That's wrong" but never provide any documentation or even explanation as to why. We're expected to change everything on the basis of their "That's wrong". That's more of that "entitlement mentality" we were recently talking about.
the Ikeda-related wealth here is virtually untouchable
There is no financial transparency, no independent audits, no oversight by any outside agency. Remember that any time any SGI promoter talks about having reviewed their financials - never gonna happen.
efforts to establish legitimacy and further Ikeda's vision. He founded the Boston Research Center for the 21st Century
That building has since been renamed "The IKEDA Center for something, something, and something else". Who here is surprised?
In the U.S. a church can lose its federal tax exemption for getting into politics.
This is why Ikeda forbade the overseas organizations from forming their own "Komeito" political parties back in the 1970s. That ban remains in place.
Ikeda insisted on using it because he intends his university to last 2,000 years, a Soka U spokesman explains.
Oh more of this grandiose blather. Ikeda just loves talking in multiple thousands of years. The Sho-Hondo was supposed to last 10,000 years, if anyone remembers. Where's your Sho-Hondo now, Scamsei?? Ikeda apparently thinks talking in large terms will make him larger than life.
The sumptuous residence is set aside for VIPs, such as, in the words of one university official, "the president of Venezuela or Daisaku Ikeda."
It's just another "Ikeda House" (so of course it's "sumptuous", since it's for Scamsei) but they have to make it sound like it's more than just a private residence for Ikeda, because that will get them in trouble with nonprofit laws in this country. I'm betting NO ONE has ever stayed in it, since that was after Ikeda stopped traveling.
Singer Tina Turner was identified with Soka Gakkai in years past, but her spokesman would not confirm an association.
Ms. Turner isn't about to alienate any category of potential fans.
submitted by BlancheFromage to sgiwhistleblowers [link] [comments]

Today's Pre-Market Movers & News [Monday, February 3rd, 2020]

Good morning traders and investors of the wallstreetbets sub! Welcome to the new trading month and a fresh start! Here are your pre-market news this AM-

Today's Top Headlines for Monday, February 3rd, 2020

STOCK FUTURES CURRENTLY:

(CLICK HERE FOR STOCK FUTURES CHARTS!)

LAST WEEK'S MARKET MAP:

(CLICK HERE FOR LAST WEEK'S MARKET MAP!)

TODAY'S MARKET MAP:

(CLICK HERE FOR TODAY'S MARKET MAP!)

LAST WEEK'S S&P SECTORS:

(CLICK HERE FOR LAST WEEK'S S&P SECTORS CHART!)

TODAY'S S&P SECTORS:

(CLICK HERE FOR TODAY'S S&P SECTORS CHART!)

TODAY'S ECONOMIC CALENDAR:

(CLICK HERE FOR TODAY'S ECONOMIC CALENDAR!)

THIS WEEK'S ECONOMIC CALENDAR:

(CLICK HERE FOR THIS WEEK'S ECONOMIC CALENDAR!)

THIS WEEK'S UPCOMING IPO'S:

(CLICK HERE FOR THIS WEEK'S UPCOMING IPO'S!)

THIS WEEK'S EARNINGS CALENDAR:

($DIS $GOOGL $SNAP $TWTR $ABBV $F $QCOM $UBER $SYY $SPOT $ON $PINS $TWLO $BMY $CMG $IRBT $CHKP $MRK $CNC $SNE $SIRI $GM $GILD $PTON $BP $ABG $LITE $WYNN $ATVI $CTLT $NSSC $ACM $GOOS $SAIA $DSPG $RACE $RCL $COP $AMG $RL $PLUS $NXPI $MCK $CI)
(CLICK HERE FOR THIS WEEK'S EARNINGS CALENDAR!)

THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:

($SYY $ON $CHKP $ABG $CTLT $SAIA $ACM $DSPG $NSSC $AMG $PINE $LUB)
(CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!)

THIS AFTERNOON'S POST-MARKET EARNINGS CALENDAR:

()
([CLICK HERE FOR THIS AFTERNOON'S EARNINGS CALENDAR!]())
T.B.A.

EARNINGS RELEASES BEFORE THE OPEN TODAY:

(CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES!)

EARNINGS RELEASES AFTER THE CLOSE TODAY:

(CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES!)
NONE.

FRIDAY'S ANALYST UPGRADES/DOWNGRADES:

(CLICK HERE FOR FRIDAY'S UPGRADES/DOWNGRADES LINK #1!)
(CLICK HERE FOR FRIDAY'S UPGRADES/DOWNGRADES LINK #2!)
(CLICK HERE FOR FRIDAY'S UPGRADES/DOWNGRADES LINK #3!)
(CLICK HERE FOR FRIDAY'S UPGRADES/DOWNGRADES LINK #4!)

FRIDAY'S INSIDER TRADING FILINGS:

(CLICK HERE FOR FRIDAY'S INSIDER TRADING FILINGS!)

TODAY'S DIVIDEND CALENDAR:

(CLICK HERE FOR TODAY'S DIVIDEND CALENDAR!)

THIS MORNING'S MOST ACTIVE TRENDING TICKERS:

  • AIMT
  • LK
  • GILD
  • CLVS
  • CHKP
  • ON
  • YANG
  • XOM
  • ROKU
  • CNP

THIS MORNING'S STOCK NEWS MOVERS:

(source: cnbc.com)
Las Vegas Sands (LVS), Wynn Resorts (WYNN) – These will be among casino stocks on watch, on news that gambling revenue in Macao fell a worse-than-expected 11.3% amid the spread of the coronavirus.

STOCK SYMBOL: LVS

(CLICK HERE FOR LIVE STOCK QUOTE!)

STOCK SYMBOL: WYNN

(CLICK HERE FOR LIVE STOCK QUOTE!)
Delta Air Lines (DAL), American Airlines (AAL), United Airlines (UAL) – These and other airline stocks will also be in the spotlight, as new restrictions on travel to and from China are implemented.

STOCK SYMBOL: DAL

(CLICK HERE FOR LIVE STOCK QUOTE!)

STOCK SYMBOL: AAL

(CLICK HERE FOR LIVE STOCK QUOTE!)

STOCK SYMBOL: UAL

(CLICK HERE FOR LIVE STOCK QUOTE!)
Apple (AAPL) – Apple shut down all its stores and corporate offices in mainland China due to the coronavirus. The closure is scheduled to last until Feb. 9.

STOCK SYMBOL: AAPL

(CLICK HERE FOR LIVE STOCK QUOTE!)
Aimmune Therapeutics (AIMT) – The drugmaker received Food and Drug Administration approval for the first-ever treatment for peanut allergies.

STOCK SYMBOL: AIMT

(CLICK HERE FOR LIVE STOCK QUOTE!)
Check Point Software (CHKP) – Check Point reported quarterly profit of $2.02 per share, 3 cents a share above estimates. The cybersecurity company’s revenue also beat Street forecasts, boosted by an increase in subscriptions.

STOCK SYMBOL: CHKP

(CLICK HERE FOR LIVE STOCK QUOTE!)
Boeing (BA) – Boeing faces a new obstacle in getting the grounded 737 Max back in service, according to The Wall Street Journal. The paper quotes people familiar with the matter as saying that European regulators want what they regard as potentially hazardous wiring relocated to avoid short circuits.

STOCK SYMBOL: BA

(CLICK HERE FOR LIVE STOCK QUOTE!)
Verizon (VZ) – Verizon was downgraded to “neutral” from “outperform” at Credit Suisse, which said the stock lacks positive near-term catalysts. Credit Suisse feels positive influences for the stock are weighted toward the back half of the year, ahead of the mass market launch of 5G service.

STOCK SYMBOL: VZ

(CLICK HERE FOR LIVE STOCK QUOTE!)
Seagate Technology (STX) – Seagate was upgraded to “buy” from “hold” at Stifel Nicolaus, pointing to improving fundamentals for the disk drive maker.

STOCK SYMBOL: STX

(CLICK HERE FOR LIVE STOCK QUOTE!)
Nike (NKE) – The athletic footwear and apparel maker’s stock was added to the “Analyst Focus List” at J.P. Morgan Chase, which sees a recent pullback as a buying opportunity. J.P. Morgan points to Nike’s innovation and product pipeline.

STOCK SYMBOL: NKE

(CLICK HERE FOR LIVE STOCK QUOTE!)
Uber (UBER) – Uber was added to the “Best Ideas” list at Wedbush, which feels the ride-hailing service has laid the groundwork for growth, especially amid the streamlining of the Uber Eats operation.

STOCK SYMBOL: UBER

(CLICK HERE FOR LIVE STOCK QUOTE!)
Northrop Grumman (NOC) – The defense contractor’s stock received a double downgrade at Goldman Sachs, which pushed its rating to “sell” from “buy.” Goldman said the company’s organic revenue growth is slower than that of its peers and that profit margins are compressing.

STOCK SYMBOL: NOC

(CLICK HERE FOR LIVE STOCK QUOTE!)

DISCUSS!

What is on everyone's radar for today's trading day ahead here at wallstreetbets?

I hope you all have an excellent trading day ahead today on this Monday, February 3rd, 2020! :)

submitted by bigbear0083 to wallstreetbets [link] [comments]

Today's Pre-Market Movers & News [Monday, February 3rd, 2020]

Good morning traders and investors of the StockMarket sub! Welcome to the new trading month and a fresh start! Here are your pre-market news this AM-

(CLICK HERE TO VIEW THE FULL SOURCE!)

Today's Top Headlines for Monday, February 3rd, 2020

STOCK FUTURES CURRENTLY:

(CLICK HERE FOR STOCK FUTURES CHARTS!)

LAST WEEK'S MARKET MAP:

(CLICK HERE FOR LAST WEEK'S MARKET MAP!)

TODAY'S MARKET MAP:

(CLICK HERE FOR TODAY'S MARKET MAP!)

LAST WEEK'S S&P SECTORS:

(CLICK HERE FOR LAST WEEK'S S&P SECTORS CHART!)

TODAY'S S&P SECTORS:

(CLICK HERE FOR TODAY'S S&P SECTORS CHART!)

TODAY'S ECONOMIC CALENDAR:

(CLICK HERE FOR TODAY'S ECONOMIC CALENDAR!)

THIS WEEK'S ECONOMIC CALENDAR:

(CLICK HERE FOR THIS WEEK'S ECONOMIC CALENDAR!)

THIS WEEK'S UPCOMING IPO'S:

(CLICK HERE FOR THIS WEEK'S UPCOMING IPO'S!)

THIS WEEK'S EARNINGS CALENDAR:

($DIS $GOOGL $SNAP $TWTR $ABBV $F $QCOM $UBER $SYY $SPOT $ON $PINS $TWLO $BMY $CMG $IRBT $CHKP $MRK $CNC $SNE $SIRI $GM $GILD $PTON $BP $ABG $LITE $WYNN $ATVI $CTLT $NSSC $ACM $GOOS $SAIA $DSPG $RACE $RCL $COP $AMG $RL $PLUS $NXPI $MCK $CI)
(CLICK HERE FOR THIS WEEK'S EARNINGS CALENDAR!)

THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:

($SYY $ON $CHKP $ABG $CTLT $SAIA $ACM $DSPG $NSSC $AMG $PINE $LUB)
(CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!)

THIS AFTERNOON'S POST-MARKET EARNINGS CALENDAR:

()
([CLICK HERE FOR THIS AFTERNOON'S EARNINGS CALENDAR!]())
T.B.A.

EARNINGS RELEASES BEFORE THE OPEN TODAY:

(CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES!)

EARNINGS RELEASES AFTER THE CLOSE TODAY:

(CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES!)
NONE.

FRIDAY'S ANALYST UPGRADES/DOWNGRADES:

(CLICK HERE FOR FRIDAY'S UPGRADES/DOWNGRADES LINK #1!)
(CLICK HERE FOR FRIDAY'S UPGRADES/DOWNGRADES LINK #2!)
(CLICK HERE FOR FRIDAY'S UPGRADES/DOWNGRADES LINK #3!)
(CLICK HERE FOR FRIDAY'S UPGRADES/DOWNGRADES LINK #4!)

FRIDAY'S INSIDER TRADING FILINGS:

(CLICK HERE FOR FRIDAY'S INSIDER TRADING FILINGS!)

TODAY'S DIVIDEND CALENDAR:

(CLICK HERE FOR TODAY'S DIVIDEND CALENDAR!)

THIS MORNING'S MOST ACTIVE TRENDING TICKERS:

  • AIMT
  • LK
  • GILD
  • CLVS
  • CHKP
  • ON
  • YANG
  • XOM
  • ROKU
  • CNP

THIS MORNING'S STOCK NEWS MOVERS:

(source: cnbc.com)
Las Vegas Sands (LVS), Wynn Resorts (WYNN) – These will be among casino stocks on watch, on news that gambling revenue in Macao fell a worse-than-expected 11.3% amid the spread of the coronavirus.

STOCK SYMBOL: LVS

(CLICK HERE FOR LIVE STOCK QUOTE!)

STOCK SYMBOL: WYNN

(CLICK HERE FOR LIVE STOCK QUOTE!)
Delta Air Lines (DAL), American Airlines (AAL), United Airlines (UAL) – These and other airline stocks will also be in the spotlight, as new restrictions on travel to and from China are implemented.

STOCK SYMBOL: DAL

(CLICK HERE FOR LIVE STOCK QUOTE!)

STOCK SYMBOL: AAL

(CLICK HERE FOR LIVE STOCK QUOTE!)

STOCK SYMBOL: UAL

(CLICK HERE FOR LIVE STOCK QUOTE!)
Apple (AAPL) – Apple shut down all its stores and corporate offices in mainland China due to the coronavirus. The closure is scheduled to last until Feb. 9.

STOCK SYMBOL: AAPL

(CLICK HERE FOR LIVE STOCK QUOTE!)
Aimmune Therapeutics (AIMT) – The drugmaker received Food and Drug Administration approval for the first-ever treatment for peanut allergies.

STOCK SYMBOL: AIMT

(CLICK HERE FOR LIVE STOCK QUOTE!)
Check Point Software (CHKP) – Check Point reported quarterly profit of $2.02 per share, 3 cents a share above estimates. The cybersecurity company’s revenue also beat Street forecasts, boosted by an increase in subscriptions.

STOCK SYMBOL: CHKP

(CLICK HERE FOR LIVE STOCK QUOTE!)
Boeing (BA) – Boeing faces a new obstacle in getting the grounded 737 Max back in service, according to The Wall Street Journal. The paper quotes people familiar with the matter as saying that European regulators want what they regard as potentially hazardous wiring relocated to avoid short circuits.

STOCK SYMBOL: BA

(CLICK HERE FOR LIVE STOCK QUOTE!)
Verizon (VZ) – Verizon was downgraded to “neutral” from “outperform” at Credit Suisse, which said the stock lacks positive near-term catalysts. Credit Suisse feels positive influences for the stock are weighted toward the back half of the year, ahead of the mass market launch of 5G service.

STOCK SYMBOL: VZ

(CLICK HERE FOR LIVE STOCK QUOTE!)
Seagate Technology (STX) – Seagate was upgraded to “buy” from “hold” at Stifel Nicolaus, pointing to improving fundamentals for the disk drive maker.

STOCK SYMBOL: STX

(CLICK HERE FOR LIVE STOCK QUOTE!)
Nike (NKE) – The athletic footwear and apparel maker’s stock was added to the “Analyst Focus List” at J.P. Morgan Chase, which sees a recent pullback as a buying opportunity. J.P. Morgan points to Nike’s innovation and product pipeline.

STOCK SYMBOL: NKE

(CLICK HERE FOR LIVE STOCK QUOTE!)
Uber (UBER) – Uber was added to the “Best Ideas” list at Wedbush, which feels the ride-hailing service has laid the groundwork for growth, especially amid the streamlining of the Uber Eats operation.

STOCK SYMBOL: UBER

(CLICK HERE FOR LIVE STOCK QUOTE!)
Northrop Grumman (NOC) – The defense contractor’s stock received a double downgrade at Goldman Sachs, which pushed its rating to “sell” from “buy.” Goldman said the company’s organic revenue growth is slower than that of its peers and that profit margins are compressing.

STOCK SYMBOL: NOC

(CLICK HERE FOR LIVE STOCK QUOTE!)

FULL DISCLOSURE:

bigbear0083 has no positions in any stocks mentioned. Reddit, moderators, and the author do not advise making investment decisions based on discussion in these posts. Analysis is not subject to validation and users take action at their own risk. bigbear0083 is an admin at the financial forums Stockaholics.net where this content was originally posted.

DISCUSS!

What is on everyone's radar for today's trading day ahead here at StockMarket?

I hope you all have an excellent trading day ahead today on this Monday, February 3rd, 2020! :)

submitted by bigbear0083 to StockMarket [link] [comments]

Today's Pre-Market Movers & News [Monday, February 3rd, 2020]

Good morning traders and investors of the stocks sub! Welcome to the new trading month and a fresh start! Here are your pre-market news this AM-

Today's Top Headlines for Monday, February 3rd, 2020

STOCK FUTURES CURRENTLY:

(CLICK HERE FOR STOCK FUTURES CHARTS!)

LAST WEEK'S MARKET MAP:

(CLICK HERE FOR LAST WEEK'S MARKET MAP!)

TODAY'S MARKET MAP:

(CLICK HERE FOR TODAY'S MARKET MAP!)

LAST WEEK'S S&P SECTORS:

(CLICK HERE FOR LAST WEEK'S S&P SECTORS CHART!)

TODAY'S S&P SECTORS:

(CLICK HERE FOR TODAY'S S&P SECTORS CHART!)

TODAY'S ECONOMIC CALENDAR:

(CLICK HERE FOR TODAY'S ECONOMIC CALENDAR!)

THIS WEEK'S ECONOMIC CALENDAR:

(CLICK HERE FOR THIS WEEK'S ECONOMIC CALENDAR!)

THIS WEEK'S UPCOMING IPO'S:

(CLICK HERE FOR THIS WEEK'S UPCOMING IPO'S!)

THIS WEEK'S EARNINGS CALENDAR:

($DIS $GOOGL $SNAP $TWTR $ABBV $F $QCOM $UBER $SYY $SPOT $ON $PINS $TWLO $BMY $CMG $IRBT $CHKP $MRK $CNC $SNE $SIRI $GM $GILD $PTON $BP $ABG $LITE $WYNN $ATVI $CTLT $NSSC $ACM $GOOS $SAIA $DSPG $RACE $RCL $COP $AMG $RL $PLUS $NXPI $MCK $CI)
(CLICK HERE FOR THIS WEEK'S EARNINGS CALENDAR!)

THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:

($SYY $ON $CHKP $ABG $CTLT $SAIA $ACM $DSPG $NSSC $AMG $PINE $LUB)
(CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!)

THIS AFTERNOON'S POST-MARKET EARNINGS CALENDAR:

()
([CLICK HERE FOR THIS AFTERNOON'S EARNINGS CALENDAR!]())
T.B.A.

EARNINGS RELEASES BEFORE THE OPEN TODAY:

(CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES!)

EARNINGS RELEASES AFTER THE CLOSE TODAY:

(CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES!)
NONE.

FRIDAY'S ANALYST UPGRADES/DOWNGRADES:

(CLICK HERE FOR FRIDAY'S UPGRADES/DOWNGRADES LINK #1!)
(CLICK HERE FOR FRIDAY'S UPGRADES/DOWNGRADES LINK #2!)
(CLICK HERE FOR FRIDAY'S UPGRADES/DOWNGRADES LINK #3!)
(CLICK HERE FOR FRIDAY'S UPGRADES/DOWNGRADES LINK #4!)

FRIDAY'S INSIDER TRADING FILINGS:

(CLICK HERE FOR FRIDAY'S INSIDER TRADING FILINGS!)

TODAY'S DIVIDEND CALENDAR:

(CLICK HERE FOR TODAY'S DIVIDEND CALENDAR!)

THIS MORNING'S MOST ACTIVE TRENDING TICKERS:

  • AIMT
  • LK
  • GILD
  • CLVS
  • CHKP
  • ON
  • YANG
  • XOM
  • ROKU
  • CNP

THIS MORNING'S STOCK NEWS MOVERS:

(source: cnbc.com)
Las Vegas Sands (LVS), Wynn Resorts (WYNN) – These will be among casino stocks on watch, on news that gambling revenue in Macao fell a worse-than-expected 11.3% amid the spread of the coronavirus.

STOCK SYMBOL: LVS

(CLICK HERE FOR LIVE STOCK QUOTE!)

STOCK SYMBOL: WYNN

(CLICK HERE FOR LIVE STOCK QUOTE!)
Delta Air Lines (DAL), American Airlines (AAL), United Airlines (UAL) – These and other airline stocks will also be in the spotlight, as new restrictions on travel to and from China are implemented.

STOCK SYMBOL: DAL

(CLICK HERE FOR LIVE STOCK QUOTE!)

STOCK SYMBOL: AAL

(CLICK HERE FOR LIVE STOCK QUOTE!)

STOCK SYMBOL: UAL

(CLICK HERE FOR LIVE STOCK QUOTE!)
Apple (AAPL) – Apple shut down all its stores and corporate offices in mainland China due to the coronavirus. The closure is scheduled to last until Feb. 9.

STOCK SYMBOL: AAPL

(CLICK HERE FOR LIVE STOCK QUOTE!)
Aimmune Therapeutics (AIMT) – The drugmaker received Food and Drug Administration approval for the first-ever treatment for peanut allergies.

STOCK SYMBOL: AIMT

(CLICK HERE FOR LIVE STOCK QUOTE!)
Check Point Software (CHKP) – Check Point reported quarterly profit of $2.02 per share, 3 cents a share above estimates. The cybersecurity company’s revenue also beat Street forecasts, boosted by an increase in subscriptions.

STOCK SYMBOL: CHKP

(CLICK HERE FOR LIVE STOCK QUOTE!)
Boeing (BA) – Boeing faces a new obstacle in getting the grounded 737 Max back in service, according to The Wall Street Journal. The paper quotes people familiar with the matter as saying that European regulators want what they regard as potentially hazardous wiring relocated to avoid short circuits.

STOCK SYMBOL: BA

(CLICK HERE FOR LIVE STOCK QUOTE!)
Verizon (VZ) – Verizon was downgraded to “neutral” from “outperform” at Credit Suisse, which said the stock lacks positive near-term catalysts. Credit Suisse feels positive influences for the stock are weighted toward the back half of the year, ahead of the mass market launch of 5G service.

STOCK SYMBOL: VZ

(CLICK HERE FOR LIVE STOCK QUOTE!)
Seagate Technology (STX) – Seagate was upgraded to “buy” from “hold” at Stifel Nicolaus, pointing to improving fundamentals for the disk drive maker.

STOCK SYMBOL: STX

(CLICK HERE FOR LIVE STOCK QUOTE!)
Nike (NKE) – The athletic footwear and apparel maker’s stock was added to the “Analyst Focus List” at J.P. Morgan Chase, which sees a recent pullback as a buying opportunity. J.P. Morgan points to Nike’s innovation and product pipeline.

STOCK SYMBOL: NKE

(CLICK HERE FOR LIVE STOCK QUOTE!)
Uber (UBER) – Uber was added to the “Best Ideas” list at Wedbush, which feels the ride-hailing service has laid the groundwork for growth, especially amid the streamlining of the Uber Eats operation.

STOCK SYMBOL: UBER

(CLICK HERE FOR LIVE STOCK QUOTE!)
Northrop Grumman (NOC) – The defense contractor’s stock received a double downgrade at Goldman Sachs, which pushed its rating to “sell” from “buy.” Goldman said the company’s organic revenue growth is slower than that of its peers and that profit margins are compressing.

STOCK SYMBOL: NOC

(CLICK HERE FOR LIVE STOCK QUOTE!)

DISCUSS!

What is on everyone's radar for today's trading day ahead here at stocks?

I hope you all have an excellent trading day ahead today on this Monday, February 3rd, 2020! :)

submitted by bigbear0083 to stocks [link] [comments]

Trucker's Guide to When Every State is Reopening

Trucker's Guide to When Every State is Reopening
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We understand business owners and drivers don’t have time to sort through all the different news coming out about COVID-19, so TopMark has made a detailed truckers guide to when each state will reopen. Updated regularly, this article will include the newest information on when each and every state plans on lifting or extending their stay at home orders.
The COVID-19 Pandemic has had a massive impact on trucker’s daily routines so we are are here to help out. Check out our COVID-19 Updates section for the latest information as it relates to the trucking industry.

ALABAMA

The current stay-at-home order will remain in effect until April 30.
Alabama Governor Ivey said the state needs to expand its testing before resuming normal economic activity despite being eager to get the state’s economy moving.

ALASKA

On April 24th, Alaska allowed businesses and restaurants to open back up in most parts of the state. These personal services and companies must do so under strict health and safety restrictions.
Bigger cities like Anchorage delayed their partial opening until April 27th.
Additionally, Governor Dunleavy has said citizens may visit their doctors and schedule elective surgeries on/after May 4th.

ARIZONA

Governor Ducey has announced the stay at home order will continue only until April 30th. The state also will allow elective surgeries to continue starting on May 1st.
On the other hand, Navajo Nation’s government will remain closed until May 17th.

ARKANSAS

While there is no exact date, Governor Hutchinson has plans to loosen the restrictions on businesses over the next few weeks. This means certain non-essential businesses will be allowed to operate.
Elective surgeries were allowed to continue on April 27th.

CALIFORNIA

CA Governor Gavin Newsome has not announced any official end to the stay at home order. Despite that, the state has allowed the scheduling of important surgeries like heart surgery or cancerous tumor removal.
The state is limiting the issuing of permits for events and activities for the foreseeable future. On April 13th, the Governor announced the Western States Pact with Oregon and Washington. This pact articulates that these 3 states will operate together in their reopening on when it is safe to do so. Nevada and Colorado have also joined this pact.

COLORADO

Colorado’s stay at home order has been replaced with a “safer at home” strategy that started on April 27th. While not mandatory, residents are heavily urged to stay at home as much as possible. High-risk populations have been asked to stay home at all times possible.
Special businesses that offer curbside pick up are now open. Additionally, personal training and dog grooming have been allowed to resume (if they follow social distancing practices). Elective medical procedures have also been allowed to continue.
Governor Polis states that more businesses will be allowed to open in the following weeks. On May 4th, non-essential office work will be allowed to continue. Colorado has also coordinated its re-opening plans with Nevada, California, Oregan, and Washington.

CONNECTICUT

The mandatory state shutdown will continue until May 20th. Governor Lamont has recommended a higher amount of COVID-19 testing before the state can start is opening plans.
Connecticut has joined with New York, New Jersey, Pennsylvania, Rhode Island, Deleware, and Massachusettes to coordinate the reopening of the Northeast.

DELAWARE

Deleware Governor Carney has extended the statewide stay at home order until May 15th or when the “public health threat is eliminated.” The state has said that opening can start upon seeing a 28 days decline of new COVID-19 cases.
Additionally, the state has joined up with the other states in the Northeast to ensure a safe re-opening and start to their economy. The governor also stated that even if the state reopens, social distancing, hand washing, face covering, and a limit on large gatherings will stay in effect.

FLORIDA

The stay at home order for Florida will continue until April 30th. Beaches of Florida are able to reopen if the local leaders have decided it is safe to do so. On the other hand, the Keys will not reopen to visitors or tourism until June or later.

GEORGIA

State restrictions were eased starting on April 24th. Businesses like tattoo shops, gyms, bowling alleys, barbers and hair salons, nail salons, and others have been allowed to re-open if they follow safe distancing rules.
Nightclubs and bars are still closed with no clear word on when reopening can continue.

HAWAII

Governor Ige has stated that the stay at home order will last through April 30th and potentially later. Bigger cities like Honolulu have their own independent stay at home order which extends through all of May.

IDAHO

The state of Idaho is currently allowing businesses to operate under certain conditions like curbside pickup, drive-thru/drive-in, or delivery. The state doesn’t have an explicit stay at home order but rather an “Order to Self Isolate” that ends on April 30th. There is no official word on when the full state will open.

ILLINOIS

Illinois Governor Pritzker has stated the stay at home order will extend to May 30th based on data they have analyzed in the last two months. Some modifications may be made in that time and restrictions lifted depending on testing and tracing initiatives.

INDIANA

Indiana’s current stay at home order ends on May 1st. Governor Holcomb has said that he is going to work with the state hospital association to determine when elective surgeries may continue.

IOWA

So far, Iowa has not given an official stay at home order. Governor Reynolds did issue a State of Public Health Disaster Emergency in mid-March. This required all nonessential businesses to close until April 30.
On April 27th, the government stated the 77 of Iowa’s 99 counties can begin reopening on May 1st. This includes gyms, restaurants, enclosed malls, and retail stores if they stay at 50% capacity. The remaining 22 counties have higher rates of COVID-19 and will have their closures extend until at least May 15th.

KANSAS

Kansas’ stay at home order is expected to end on May 3rd.
Governor Kelly has said that the state “nowhere near where we need to be with testing supplies,” which could mean the stay at order will be extended. Either way, the state plans to loosen restrictions in a gradual rollout rather than an all at once reopening.

KENTUCKY

Kentucky Governor Beshear has begun to reopen the health sectors of the state. On April 27, in person, office and ambulance visits were allowed to continue. Additionally, diagnostic, radiology and non-urgent visits are allowed.
The state plans to reopen the state in phases, with restrictions easing each week for a four week period. This reopening plan will begin on May 11th but could be pushed back depending on COVID circumstances.
Additionally, customers and employees will be asked to wear a mask while visiting/working in essential businesses.

LOUISIANA

Louisiana Governor Edwards has extended the stay at home order until May 15. Despite that, some restrictions have been lifted for nonessential businesses.
On May 1st, retail stores can open under the condition of offering curbside delivery only. Restaurants will also be allowed to offer seats to customers, but there will be no wait staff or table service. Customers are allowed to sit outside and eat at restaurants as long as the mind social distancing rules. Gov. Edwards has also required all workers that are interacting with the public to wear masks.
Despite the easing of restrictions, Edwards says the state is not near where it should be in regards to new cases, hospitalizations, and testing.

MAINE

Maine issued a “Stay Healthy at Home” executive order that lasts through at least April 30. Additionally, Governor Mills extended the state’s civil state of emergency until May 15.
The state of Maine has joined its neighbors New Hampshire and Vermont on planning their state’s reopening measures

MARYLAND

Maryland Governor Hogan outlined a three-stage reopening plan on April 24th. This will allow a gradual reopening of non-essential businesses, gatherings, and public services. Not giving a clear date, the governor stated that the easing of restrictions may begin in early May if COVID-19 hospital cases decline.
The first phase includes allowing certain small businesses to reopen, outdoor gym glasses, recreational activities to continue, and allowing religious gatherings of limited attendance. Certain medical procedures will be allowed to continue as well.
The second phase allows raising the minimum number of people allowed in a gathering, childcare services reopening, indoor gyms, the return of transit schedules, and bars and restaurants reopening under certain conditions.
The last phase allows larger social gatherings in places like religions services, entertainment venues, and dining establishments along with fewer restrictions on nursing homes and hospital visits.

MASSACHUSETTS

Currently, the state’s emergency order that requires all nonessential business to be closed ends on May 4th. Governor Baker has informed citizens that he and state officials have begun discussing the reopening of the state but there isn’t a clear plan yet.
Before reopening, the state says they need to have more testing, tracing, and quarantine procedures in place.
Massachusetts is actively working with its neighboring Northeastern states to develop a plan to reopen the economy.

MICHIGAN

Michigan’s stay at home order extends til at least May 15th. Currently, Governor Whitmer has eased restrictions of their COVID-19 response, allowing some businesses to open and outdoor activities to continue.
Most recently, the governor has allowed landscapers, nurseries, lawn service companies, and bike shops to re-open as long as they follow social distancing rules. Additionally, citizens are allowed to travel between houses and visit family members even though it isn’t encouraged.

MINNESOTA

Minnesota has allowed some businesses to open starting on April 27th. This order allows 80,000 to 100,000 office, industrial, and manufacturing workers to return to their jobs.
Governor Walz has stated that businesses must create and implement a COVID-19 readiness plan that outlines what measures they are taking to protect their worker’s health and safety.

MISSISSIPPI

Mississippi “safe at home” executive order will remain for two weeks and expire on the upcoming Monday. Right now, Governor Reeves urgers all citizens to stay home whenever possible. Any at-risk citizens are required to shelter in place.
State officials have also begun relaxing some restrictions on non-essential businesses if they offer curbside delivery, drive-thru, or other delivery options. Other nonessential businesses remained closed for now.

MISSOURI

Missouri’s stay at home order lasts until May 3rd. Governor Parson has stated that he is working with hospitals, health officials, and business leaders to develop the state’s reopening plan.
Businesses will be able to open as long as they keep up the six-feet social distancing rules. Additionally, any indoor retail business will be forced to limit its capacity to 25%. The governor has allowed local leaders to determine if their cities and towns need stricter rules.

MONTANA

Montana began reopening on April 26th, allowing individuals and businesses to have fewer restrictions. Retail and street businesses were able to open on April 27th if they follow social distancing practices and limit store capacity. Restaurants and bars can start offering some services after May 4th while businesses like gyms, theaters, and places of large assembly must remain closed.
The state’s travel quarantine will still remain, requiring non-work related out of state travelers to quarantine themselves for 14 days.

NEBRASKA

Nebraska state officials plan to relax some of their COVID restrictions on May 4th. Nebraska is one of the few states that issued no stay at home order for its citizens.
On May 4th, restaurants will be allowed to let customers inside as long as they operate under 50% of normal capacity. Businesses like salons, barbers, tattoo parlors, and massage centers are limited to 10 people in a store at a time. They are also required to wear face coverings or masks. Churches will also be allowed to continue worship as long as those attending stay 6 feet apart.
All other businesses like bars and theaters are required to stay closed until May 31st.

NEVADA

The current stay at home order is set to expire on April 30th but Governor Sisolak says the state is currently not ready to reopen.
Despite that, Mayors in cities like Las Vegas have been urging for the reopening of Casinos. Currently, there is no set reopening time or plan for casinos or other similar businesses in the state.

NEW HAMPSHIRE

New Hampshire’s stay at home order will remain until May 4th but could be extended depending on the circumstances. The current State of Emergency was extended to May 15th by Governor Sununu.

NEW JERSEY

As of now, there is no expiration date to New Jersey’s stay at home order that began on March 21st. Like many other states in the area, New Jersey has teamed up with its Northeastern neighbors like New York and Delaware to develop a plan on when to reopen their economies.

NEW MEXICO

Governor Grishman has extended New Mexico’s stay at home order until May 15th. After that period, there will be a gradual reopening of some businesses if conditions are safe to do so. The governor states that there is “no magical date” for when the state will be safe to reopen all businesses.

NEW YORK

One of the hardest-hit states, New York has some of the most detailed plans for COVID 19. Governor Cuomo’s “New York State on PAUSE” executive order was issued on March 22nd. There is no clear end date for New York’s restrictions, but as of now, nonessential businesses are required to stay closed until May 15th.
The state officials have stated the reopening is going to happen in phases once the state meets the federal guidelines that hospitalizations decline for 14 days. The first phase includes construction and manufacturing businesses to continue. The second phase would be implemented by a business-by-business analysis of risk. Governor Cuomo did state that each phase will have a 2 week period between to monitor the results.

NORTH CAROLINA

North Carolina’s current stay at home order for North Carolina is extended through May 8th.
Governor Cooper has stated the state could open in three phases if COVID-19 cases continue to decrease. Phase one would be that stay at home orders would remain, but some non-essential businesses will be able to open. Phase two includes the lifting of stay at home orders for those not at risk and the reopening of bars, restaurants, and churches under reduced capacity. Phase three would ease the restrictions for at-risk populations and allowed increased attendance at businesses and social gatherings.

NORTH DAKOTA

North Dakota has stated that many closed businesses may be allowed to open on May 1st. The state is another one of the few places with no explicit stay at home order and only shut down schools, gyms, restaurants, salons, and theaters.
Governor Burgum says that he is going to follow the federal guidelines in deciding to officially reopen the state.

OHIO

Governor Dewine’s stay at home order currently extends until May 1st. After that, the state will begin its first phases of reopening but do not have any specifics at this time. As of now, large events with big crowds are not expected to open anytime soon.

OKLAHOMA

Oklahoma began lifting restrictions on businesses as early as April 24th. The reopening plan is a three-phase operation that will progress when COVID-19 data tells state officials it is safe to do so.
Restaurants, theaters, gyms, and sporting events will be allowed to open after May 1st if they follow strict social distancing practices. On the other hand, bars will remain closed.

OREGON

Governor Brown issued an executive order requiring citizens to stay at home and will stay in effect until ended by her. There has been no official word on when the order will end but some restrictions on businesses will be lifted on May 1st.
This will allow hospitals, surgical centers, and medical and dental offices to resume nonemergency procedures as long as they follow safe COVID-19 distancing and sanitation practices.
State officials say more restrictions will not be eased until the state sees the following: a decrease in the growth of active COVID-19 cases, sufficient personal protective equipment available, large open capacity in hospitals, increased testing, tracing and isolating of new cases, and plans on how to protect at-risk communities.

PENNSYLVANIA

Pennsylvania is set to reopen the state in three phases that begin on May 8th.
The phases, broken down in red, yellow, and green, will be analyzed and remain in the interest of flattening the curve in the state. Recently, Governor Wolf announced that marinas, golf courses, guided fishing trips, and private campgrounds are allowed to reopen on May 1st under the condition that they follow social distancing protocols.
The state has joined with its northeastern neighbors to develop a plan on when it is safe to reopen their economies.

RHODE ISLAND

Rhode Island’s current stay at home order extends until May 8th and is actively working on new measures to open parks and beaches.
Governor Raimondo is actively working with neighboring states in the Northeast to develop a collective plan on how they should open their economies.

SOUTH CAROLINA

South Carolina allowed the reopening of some retail stores on April 20th. This included department stores, sporting goods stores, flea markets, businesses that sell books, furniture, music, flowers, clothing, and accessories. This was done under the condition that the businesses remained at 20% regular capacity or 5 people per 1000 square feet.
Governor McMaster’s State of Emergency has been extended until May 12th.

SOUTH DAKOTA

South Dakota never issued an official stay at home order. Governor Noem stated that despite that, the citizens of South Dakota were staying home at greater rates than states that had an active shelter in place order.

TENNESSEE

Governor Lee has allowed restaurants and retail outlets to open as long as they remain at 50% capacity. Additionally, some state parks have been allowed to return to business as usual. There is no official word on when other businesses will be able to reopen or have restrictions lifted.

TEXAS

Stay at Home orders for Texas currently extend till April 30th. Retail stores, restaurants, malls, theaters, museums, and libraries will be allowed to reopen on May 1st if they limit to 25% of their regular operating capacity.

UTAH

Utah’s “Stay Safe, Stay Home” directive extends until May 1st. Despite that, all schools will remain closed for the remainder of the year.
The state has not issued an official stay at home mandate, but citizens have been urged to stay at home as much as possible and restaurants are not allowed to have dining rooms operating. Utah is currently developing a plan for how and when further restrictions will be lifted.

VERMONT

Vermont has a similar “Stay Safe, Stay Home” order that extends until May 15th. Governor Scott has also developed a 5 point plan on how to open the state while fighting the COVID-19 outbreak. Phase one of the plan included allowing construction businesses, home appraisers, municipal clerks, and property managers to continue work on April 20th if they followed social distancing measures. Starting on May 1st, farmers' markets will be allowed to open as long as the social distancing guidelines are followed.

VIRGINIA

The state of Virginia’s stay at home order is effective until June 10th. Reopening the state will be done in a way that focuses on public health, says Governor Northam.
Limiting state restrictions will be done in phases outlined in the “Forward Virginia” blueprint. Steps include continued social distancing, limited public gatherings, the use of masks in public, etc. The state will begin reopening when data and health experts suggest it is safe to do so.

WASHINGTON

Stay at Home orders in Washington state currently last until May 4th. Additionally, most parks and recreational areas will be allowed to open on May 5th.
Washington has joined California, Oregan, Nevada, and Colorado in the Western States Pact to determine when it is safe to reopen their economies.

WEST VIRGINIA

Governor Justice has introduced the “Comeback Roadmap” as an outline of how the state will reopen going forward. The plan contains three phases that are broken up into weeks. Week one allows hospitals to start elective medical procedures and also allows the reopening of outpatient healthcare including primary care, dental, mental health, and more. Daycare centers will also be allowed to reopen.
Week two would allow businesses with less than 10 workers to go back to work. Restaurants with outdoor seating could resume service and church and funerals services could start again.
In the third phase, which is a three-week process, includes retail stores, gyms, hotels, spas, casinos, and other businesses to reopen. Additionally, offices and government businesses could return. Each of these phases would include the required temperature checks and mask-wearing.

WISCONSIN

Governor Evers’ stay at home order extends until May 26th. Restrictions were lifted on certain businesses like libraries, arts and crafts stores, and other places that provided materials needed to make face masks as long as they could provide curbside pickup. Golf courses have also opened around the state.

WYOMING

Another state without an official stay at home order, Wyoming did request a federal disaster declaration on April 9th. Currently, all out of state travelers are required to quarantine themselves for 14 days until April 30th.

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