Newsmakers

FansUnite Entertainment (OTC: FUNFF) Expands Product Offering into European Online Casino Aggregator

Askott Games will see their RNG games available to over 120 online casino websites Vancouver, British Columbia and Sliema, Malta– – FansUnite Entertainment Inc. (CSE: FANS) (OTC Pink: FUNFF) (“FansUnite” or the “Company”), a technology […]

No Picture
Trading Ideas

Coke Inches Back as CEO Sees ‘Many Challenges’ Still Ahead

(Bloomberg) — Coca-Cola Co. sales are inching back toward normal, even as it warns a resurgent virus could continue to muddle near-term results.Global unit case volume was down 4% in the third quarter as the restaurants and entertainment venues that make up about half of revenues aren’t yet back to normal. Still, that’s far better than the second quarter when volume fell 16%. Some increase in at-home consumption has helped offset the problems in public spaces.“While many challenges still lie ahead, our progress in the quarter gives me confidence we are on the right path,” Chief Executive Officer James Quincey …read more […]

No Picture
Trading Ideas

American Airlines, Southwest post deep losses and renew calls for aid

It said the practice of keeping middle seats open had bridged it from the early days of the pandemic, “when we had little knowledge about the behavior of the virus, to now.” American and rival United Airlines have been selling all available seats, while Delta Air Lines is blocking middle seats through early January. American Airlines said it expects its cash burn rate to fall to about $25 million to $30 million a day in the fourth quarter from about $44 million per day in the third quarter and $58 million per day in the second. …read more […]

No Picture
Trading Ideas

SiriusXM “Making Significant Progress Extending Relationship With Howard Stern” – CEO

SiriusXM is inching closer to a deal with star host Howard Stern, the satellite radio broadcaster’s CEO said Wednesday as it reported third quarter financials with revenue flat at just over $2 billion and net income up 11% to $272 million. “Our commitment to having the best possible audio content from top talent, as well […] …read more […]

No Picture
Trading Ideas

Apple expands 'Express' retail store format ahead of holiday season

The new “Express” stores come as COVID-19 rates are rising around the United States and Europe. Customers make an appointment to pick up orders placed online or interact with Apple’s technicians for customer service. For Apple, which has 271 retail stores in the United States, the new format could help it navigate a holiday sales challenge. …read more […]

No Picture
Trading Ideas

Coca-Cola revenue beats as beverage demand rises from pandemic lows

The beverage company, which makes about half of its revenue from sales in restaurants, theaters and other public venues, said the last quarter was the most challenging one due to lockdowns even though consumers stocked up on sodas and beverages at home. Organic sales, which strip out acquisition and currency impacts, fell 6% for the three months ended Sept. 25, but improved from a 26% fall in the second quarter. Sales of its trademark Coca-Cola and Coca-Cola Zero Sugar improved, Coke said. …read more […]