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Airline Cash Flow

Airplane Geeks Podcast

05:44 min | 2 weeks ago

Airline Cash Flow

"All right our first story comes in from our Listener Linda. This is from one mile at a time surprising statistics about mileage, plus about united, mileage plus. In, we see that united has announced financing in the amount of five billion dollars secured through the airlines loyalty program. This is part of their to have seventeen billion dollars in liquidity by the end of September. Separately CNN reports that that's three times the cash. They normally have on hint. Of course all the airlines are. Struggling essentially with their cash flow situations and they they need to have. Cash on hand united is amongst them of course and It's it's an interesting strategy to take their mileage plus program and leverage off some financing based on that and the findings. He's GonNa come through Goldman Sachs Barclays. And Morgan Stanley and united will have seven years to repay that. These affinity programs like mileage plus our big business for the airlines united estimates that the value of their mileage plus program. If it was a standalone business, would be twenty billion dollars, so there's a lot of. A lot of revenue that changes hands here. We need Dan back as guest to explain all this 'cause. I tried to read how they mortgaged their frequent flyer program to raise five billion in my head started to hurt. Well I'm just thinking I I'm GonNa. Leave the show early right now because I'm GonNa, go start the airplane, Geeks, mileage plus program. I mean there's this is a twenty billion dollar business. We're wasting our time here, guys. I know it's It's pretty amazing so. The, the partners United Partners Pay United to award miles to their own customers, so says things like credit, cards and hotels when you earn united miles or mileage plus miles by reserving at a hotel or using a credit card. United gets a piece of that action and it adds up to quite a lot. So that large part of it comes from selling miles to other airline programs. I didn't see them call out specifically income from credit cards for example card I use most often still is the united mileage plus a credit card. I would imagine they must be earning. Some money from chaser manages that card. Even My my Hilton Program have the option the option of taking my awards, my my points, basically that I earned from staying at Hilton, properties and I, either get Hilton points which I can redeem for rooms, or I can get united, miles well Hilton. Kick something that United Four that for Hilton. There's value because it's you know. It's a service can offer its customers. If you look at the one mile at a time website. It gets down to break some of the stuff down. Like seventy one percent of the cat is offer twenty, one, thousand, nine hundred. Seventy one percent of the cash flow is from sales miles purchased by third party partners. But then when you look at how it was redeemed, ninety seven percent is redeemed by. using it on united. Right for travel, in yeah, only three percent of those milder redeemed for non travel rewards, it does make you start to wonder if the the planes are just kind of you know aside business. Instead they're making money off of mileage plus baggage fees. You wonder at some point Could this be one of these businesses where you know you give away the the razors for free, and you're making it all on selling razor blades. Absolutely I am particularly these days, but even you know even without the huge drop in air traffic is the result of the pandemic. Even before that the aircraft, just the promotional item Eb. Senses Yeah and in some in some way, so it's it's a really interesting business. It's not always what you What you think we also see here that you united his made an SEC filing an aide filing in in that filing. We learn a little bit more about the program. that united mileage. Plus program has over a hundred million members. And that fifty percent of United's flight revenue comes from mileage plus members. Which is that's? That's pretty high. Also the mileage plus program generated five point three billion in cash flow from sales in two thousand nineteen, and that's roughly twelve percent of United's overall revenue. So, Oh, another interesting The number here is it. The mileage plus program generated one point eight billion dollars in Eba, DA, which represents about twenty six percent of their total adjusted ebitda. That's. earnings before interest taxes depreciation and amortization. So that's that's sort of a A. Year of earnings from an operating standpoint, twenty six percent of united's basically operating earnings from this mileage plus

United Partners Pay United United Hilton CNN Goldman Sachs Barclays Morgan Stanley EBA DAN SEC
Coronavirus corrections and the rise of remote work

Equity

09:23 min | 4 months ago

Coronavirus corrections and the rise of remote work

"Let's talk about the markets. There's no avoiding this. If you track technology if you track startups venture capital all that good stuff you see what happens to the public markets and in the last couple of days. It's been a complete shellacking. I think it's pretty much the only way to put it. We haven't seen declines at this magnitude in some time and it's gotten everyone in the talking about what's going on and what might happen next. Danny just giving you a gut check to the listeners. And all of our friends out there. How surprised are you by this eventual and kind of finally happened moment in the US stock market completely? Not surprised I mean I I I. We're not allowed to actively trade but I did trade my 401k portfolio into a money market fund. Like two weeks ago. So I'm quite pleased with the The the choice I actually sold at literally the peak a couple of weeks ago and so so I feel vindicated like my. My retirement is secure all five hundred dollars of it. I was GONNA say this is not actually a show designed to. Let's Brag but I'll give you three points for that one. I'm doing the old fashioned like long term investing. Keep your money where it is. Let it do whatever thing. So we'll see who's right in the end for people just catching up though if you're not active in the US stock market stocks have fallen tremendously over ten percent last couple of days and that was is really been kind of following the US news cycle so as the corona virus. The kind of thing that has come out of the disease world. I'm not a doctor that's best. I can do has become more prevalent both internationally closing more borders impacting more economies heritage anymore trade routes and also popping up here at home. Concern has risen. Also we're beginning to see impacts of the lengthy shuttering of large parts of China reflect it in trade and supply chain disruptions companies like Microsoft booking holdings which ones booking dot com and utanics have highlighted issues in their revenue and earnings coming up so the the slowdown is here after weeks of talking about any kind of expecting it and finally Goldman which you've all heard of they forecasted that. Us companies will have zero growth in twenty twenty which is pretty damning because growth is kind of what powers the stock market's expansion and that's kind of the the bad news. Sas companies are also taking a hit any. Am I missing any Any bad news here. Obviously people are dying Thousands of people are being marooned hundreds of millions in China and around. The world have been quarantined so those are the headlines but I I think what's interesting is is. There's there's two patterns here one is I want to focus in on zoom or let's call Zoom Zoom Zoom. The video conferencing software. That also helps us. Equity is having the best time of its Goddamn effing life so they they have doubled the stock value in just the last couple of weeks from the low sixty S in early December to about one hundred fourteen as a recording the show so eighty eighty dollars per cent and its market. Cap is now at almost thirty. Two billion dollars and I I I'm kind of annoyed by this. But it's Kinda funny just to point out that therefore pe ratio is four hundred. Thirty five right now and to Yahoo Finance has them as overvalued but I do think I do think the virus I mean the upshot of this is that because all the flights are being canceled. You know a ton of conferences. We just heard today that F. Eight the big facebook developer's conference were hearing. People are pulling out of the game developers conference. Sf next month GTC. There's even talk about Tokyo Olympics later this summer possibly being cancelled. I think we're actually going to see a huge gift around remote work. We talk about remote work. We've seen a lot of companies in recent justed around in a company. That's doing like remote conferences. But I think the virus is really going to force companies and decision makers to really ask like. Do you need to fly to do the sales meeting? Do you need to fly to this conference to learn something? Do you need to drive to a seminar and I? I do think we're going to see a shift in the economy where people go actually remote. We're Kinda works okay. We're we have tools and and and it's changed a lot last decade. Yeah I mean won't people might not know this but tech crunch itself as relatively remote I organization and my work history has been majority remote. I worked for with the next web for my first four years as a journalist and they were based in Amsterdam and I was in Chicago and then SF. I never went to the actual office once in that time period so to me this is relatively normal but I think for a lot of folks. He's always been discussed point. Not a re- realize reality so I'll be curious to see if that does work up. Certainly zoom other future of products and other companies. That kind of service people that are not in the same room might do well. I would say given zooms rapid value appreciation that racine's active trading as opposed to fundamental value. But certainly it's a stock to keep in mind if you haven't caught up on what's going on with red at Wall Street beds and the Stock Market. Take a look. It's kind of fun if you WANNA get a window into how the chat rooms of the nineties that helped pump stocks have now turned into semi closed at four. It's quite adventure zoom. I'm not saying it's part of that pump and dump world but it reminds me of some of the value appreciation. We've seen at other stocks that have him in the last couple of months. I think you know this is a question around Tesla. We brought up in a bunch of other stocks. Might take away from that is if you're trading over the counter OTC stocks penny stocks. Okay fine there's not a lot of liquidity. You can actually do a lot on the ticket and whatnot stocks. Let's zoom as an example thirty two billion market CAP company. You have to have a lot of money to move that share price one way or the other. If you're maybe maybe everyone's long and therefore like almost no one's willing to to sell and so therefore your your price gets kind of moved higher and higher but my my assumption is that that's not true and certainly for most of these big tech companies like Microsoft near trillion dollar market cap company. Like ain't no one can you. Can you can be you know. Warren Buffett Go. I'm going to buy the whole stock and the stock price will early move. That's the scale. I think we're talking about love the shares so it might change as the Margaret hits volatility and and whatnot but to me. It was blown way out of proportion. Well I hope so. That would mean there's less manipulation the stock market in values and more reasonable. So let's hope you're right but it is a fun story regardless but let's move along away from the main public markets to talk about a company that wants to join public company world which door dash after quite a long time of hearing to this company will go public kind of a needed win for both. Softbank And the Vision Fund Jordache filed confidentially to go public. And Danny. I want you to tell us the difference between filing to go public and filing privately to go public yes for companies that are under about a billion in revenue the jobs act plenty twelve allows startups to file basically there s one without having to do it publicly so generally speaking in the process you file publicly which means you literally to the web and then the SEC gives you feedback on that dock. You might make changes some some individual if you remember like what was a community adjusted revenue or some of these may not it was community adjusted so it was adjusted. Eba which is already super chested. Right brave ever GonNa give back on that. This purchase designed to encourage companies to go public earlier at least get feedback on there. S ones and to do it in such way like if if the numbers don't turn out well or some things get blocked by the SEC. You have time to sort of recover without kind of embarrassing yourself in public. The reason we actually find out about most of these confidential s ones that the bankers know that they're going to become real public wants and so the file confidentially then leaked to the press and go. Gee someone somewhere has filed something things about this one. Why would the companies do this? Well if you let these file privately when they're smaller it lets them a decrease in the amount of risk they take on making the on ramp to public markets have been easier and the number of companies has fallen sharply in the last. I forget the timeframe like ten twenty years. So this is a way to help. Bolster that number again and also with if you recall back to Osama's private IPO file or private direct listing filing. I guess technically they are putting out press releases saying we've done this. So they're they're filing privately telling you publicly they will go public but it's private for now and that's very twenty twenty but it's also. Kinda key dynamic to understand you look at the IPO market for this year. Now announcing your stealth fundraise. Yes very much like saying we have cool things over here. You may not see them. You're exactly it's the it's the sneaker drop it's yes it's the sneaker. That's the thing when shoes come out for a short period of time. I'm not cool. I turned thirty. I lost all ability to have coolness anymore. Now We're both in our thirties. Now which I think means that will never be cool again on door dash though Danny mentioned that if you have less than a certain amount of revenue you can file privately. Keep in mind that door dashes right about the sides so we have a suspicion that this was kind of the end of the time period in which they could file privately. Because they're about to be to Lart so let's get into the numbers and talk a little bit about what we have here. The company is worth around thirteen billion. But which is a large number not the most valuable private companies have ever seen we work at its Peak Uber Pre IPO. Those were both larger but certainly a decca corn and evaluate company. The company was valued at one point. Four billion in two thousand eighteen to give you understand how fast it's appreciated in value and that is driven by tons and tons of private capital often come in through the lens started after lengthy accounts of Division Fund but the company has attracted capital firm Kleiner and sequoia throughout its history. So a lot of backers. Put a lot of money this company for different reasons at different stages. But it's welland and it has some comps so we're not talking about a company completely abstract Danny. Just run us through some quickly and then we'll talk about its results. Yeah so I think the the the big cop here is so you know Oberlin public. We now have a lot of data from ubereats which is one of its sub business lines but in Q. Four thousand nine hundred ending December.

United States Danny China Microsoft SEC SAS Yahoo Facebook Warren Buffett CAP Olympics Chicago Lart Ubereats Racine Developer
You Are Doing Everything Wrong with Chuck Bamford

Enterprise NOW! Podcast

07:42 min | 5 months ago

You Are Doing Everything Wrong with Chuck Bamford

"First of all let me say thank you for taking the time out to talk with us. I know before we hit record. You have a ton of things to do today. So thank you for taking some time out to share with US more than glad to do so. Glad to have the opportunity. Second thing I'd like to do is to ask you to tell us about yourself. Now when I say fill free to go all the way back to where it all started or you just start more. Current Day tells about yourself. Yeah well I'll skip all the parts. That are are too impressive or embarrassed me along the way I worked in industry for about twelve years after graduation from my Undergrad most of that emerging acquisition work decided to go back and get a PhD and then for the next sixteen years. I was a classic professor of the I was exactly what you think of. In terms of academic I held an endowed share. I was tenured full professor and then I decided that I really wanted to have more of an impact on business to be honest. I felt like I really enjoyed the teaching aspect of academia. But it wasn't didn't feel like I was making as much of an impact on business practices. I could so I left. Full-time academia gave up tenure. Much Chagrin of my friends and started a consulting company which that's been going on for just over seven years now doing strategy designed Strategy Implementation Consulting and then I still teach so. I do adjunct teaching at Duke University at the Fuego School Business and at the University of Notre Dame at Mendoza. When we fly up there was only fifteen minutes down the road from where I live. So I still teach in the executive MBA an MBA programs. A bit probably do. The rest of my time is spent Writing 'cause I've got As you mentioned several I've got seven books out. So that's sort of my quick history. Nice so you mentioned you wanted to make a bigger impact and I want to dive into a little bit more later but for now. I want to backtrack a little bit and learn a little bit more about you. What's your favorite thing to do? You're going to take a nerd but I think my favorite thing to do is sit quietly and write. I think a lot of people don't enjoy it. I just really do data so sitting quietly in writing. Is that hard for you to do? I know myself with the family and the kids. Sometimes that's a little difficult to do. How do you find the time in the space to do that? Well I'm very fortunate situation or time in my life an empty nester and so the only disruptions really occur if the grand kids come over. We've got lots of rooms. My wife works at home a lot of times as well. We just kind of quietly work during the day and then I don't really find it a problem at all but now I do two to three cups of coffee in the morning and get to that point but usually it gets going. Get it now. This question is sometimes throws people off but I love to ask it because of the variety of answers that I get you can meet anyone in the world. Who WOULD IT BE? And what would you say to them? So I actually have this response to several folks who have something similar not exactly what you put it but it would probably be honestly the Dalai Lama and I really liked to understand how you attain inner apiece. Because seems like things my brain's always going things are always happening inside so I probably would. I would probably do that and I would consider that to be a one of those life. Check marks if I could do it. So what would enter peace? Get you why interface. Yeah I think it would just quiet every if I could quiet everything down. Not only could I do a whole lot more but I think I would do better with my kids. My grandkids to students. I teach back in the day. I'll do a quick for you back in the day. I was labeled hyperactive. Nowadays they probably would have called it. Adhd and so. It's the sort of constant stuff going on. Keeps me constantly going kidding? It has a pro and con and one of those sort of constant inside stuff happening. Which would be fine not Not to always have to deal with now. If you had to give one thing you do to overcome challenges. What would that be yeah? It's writing it all down so I run into for me again. Not Everybody does I like paper and a pen but if I can get it all written down what the issue is and that gives me a chance to sort of map out how all solve it and I'm sort of a picture guy. I have no artistic talent whatsoever but I draw pictures all the time about how I'm going to accomplish something and it usually helps me get around problems that I had struggle figuring out in my head top two keys to success. There's a tough one. I guess I'm only going to have to say it for me. Number one is to never stop believing that you can accomplish. Whatever it is you want to accomplish. Just my take a whole lot longer than you think it's going to take and I think the second one is one. I've gone back to even back into my high school. Days is always felt like I was not the smartest guy in the class. More of the smartest person in the room. But I'M GONNA I'll persevere just about every buddy so I think it's Focused down work hard kind of approach to accomplishing some really good point. I think that's a great life lesson as well. Perseverance is key it really is you make it. It's amazing what can be done by the willing to just keep pushing at it so we've learned a little bit about you. What makes you take? And I'd like to revisit the impact statement that you made before wanting to have a greater impact. I'm assuming and that's a really dangerous thing that you started your company because he wanted to make a greater impact so talk a little bit about that and what your company does indeed so colonel hearkens back just a little bit. When I was in I was constantly surprised to find out that research had already debunked a lot of the stuff that we were doing and business or had come up with better techniques. I was always like. Why don't we know about this stuff? So when I got into academia I realized this is it's so much of this is known. There's so many things that we already know how to how to do. Why isn't this getting out unless I was teaching? My classes. Undergrads are great but unfortunately it's going to be twenty years before they can put into practice the strategy stuff that I'm trying to teach him in quincy unfortunately by then it's somewhat changed. I mean changes fairly regularly so really wanted to be able to get more direct impact a love Executive Mba. 'cause they're normally all out there in business they're fairly experienced. They need to use the stuff right away and MBA's who can get into this quickly can do the exact same thing but my business is really focused about doing it directly for companies. So I like to get into these companies. Get into opposition. We worked with over one hundred twenty in the last seven years. Get into these organizations and really help them figure out what separates them the minds of customers such that customers will go pass their competitors and come to them and get past these face validity kind of things as I mentioned. Sorry in my inappropriate. Oh yeah that employees are not our competitive advantage but how we deliver on them but to get to elements that really make a difference really implement strategy and quantum just changed the game for these companies. The sales soared the EBA sores. I mean it's just it's been a remarkable run. That's been a lot of fun.

Professor United States MBA Executive Mba Adhd Executive Duke University EBA University Of Notre Dame Mendoza Quincy Fuego School Business
Lyft beats revenue estimates but stock falls

CNBC's Fast Money

08:25 min | 5 months ago

Lyft beats revenue estimates but stock falls

"But let's begin with lift because shares are in the red after posting results for more would drove the quarter. Let's go to dear Bosa who's been listening into the conference call. And his more more with us now deirdre Brian. I have been listening in you know in the ride sharing space. We've moved from having a path to profitability to who can shorten that path by the most most uber of course upping the ante last week when it said it would be adjusted EBA profitable by the end of this year earlier than expected. Investors may be looking for lift to push up. It's time line as well from the expected. Late twenty twenty target that outlined previously. Now when I spoke to CFO. Brian Roberts earlier today. He said that they would be addressing that timeline on on the call but so far and we're about thirty minutes then we haven't heard anything we'll certainly let you know if that does happen. So far Logan Green has said that lift is simply making progress rests on that path to profitability. And how to get there have lesson. We expect to deliver continued strong. Top Line growth in twenty twenty well also making progress on our pastor profitability as we've discussed on prior calls their three key themes that we're focused on I is product innovation second is profitable growth grow and third is operating now cfo. Brian Roberts has been speaking on the call for about ten minutes already and still no mention of name any change to that profitability timeline. So despite beat on the top and bottom lines Brian as you noted shares are down more than four percent in the after hours. Remember it did rise on the back of Uber's burnings but it did move up. It's time line now. Another key question. That's likely to be asked during the Cuna. Portion is the impact of regulations while Uber has been making changes to its a platform. Lift is observing them. It says and focusing on a ballot initiative that could exempt them from the GIG economy law now is eighty five which could require the right turn. Companies to treat drivers as employees versus independent contractors. Roberts telling me earlier that the company's twenty twenty guidance assumes the status quo like. I said Brian that call also going. So we'll continue to monitor and bring you anything if it changes the direction of stock price and the after hours. Yeah industrious. Don't like it in the early reaction long way to go to your thank you very much. which kind of dumb luck about it? Okay so you've got the lift CEO talking up a couple of things. One of them is profitability. Wouldn't you like all three to be profitability profitiblity profitability and profitability and. They trust us so few quarters ago. Listen I think this was a very good quarter. I think the reason the stock is down. It's because it's gone from thirty eight and a half to fifty three and a half basically in a straight line and I think people are taking profits on the back of this if you look though terms of margins contribution margin fifty four percent at this time last year forty five and a half percent all the metrics are better and quite frankly scared people might be the full year guide but I think this is a stock that probably got ahead of it's skis in in terms of the stock price. Going back and fill and again. I've said this for a while. I don't think it's going back to that. Sixty three level that it failed at a while back but I think the high fifties absolutely absolutely in the cards. Well more focus on profitable rides whether it's airport drives and whatnot are certainly something to talk about but to to get away from structural profitability issues. That we thought were a a big part of this transportation as a service sector out of the gates. I is crazy to think that suddenly we could've gone from a place and the stocks representative up twenty four percent year today Up Twelve and a half percent into this print over the last five days. It's not a huge surprise when you don't get this renewed kind of fuel for the fire profitability to be clear. They were ahead of Uber to talk about profitability are ahead of Uber. They have a simpler business model but profitability and rationalization in terms of the competitive landscape between these two folks. I'm not sure is is here yet. You Know Karen Listen. They are domestic. Tim's point they do not have the food delivery business. They're trying to remain stable but you look the analysts community. There's thirty eight analysts have covered. This why I don't know but there's thirty. The high price forget the high price target is ninety. The lowest thirty five the median is sixty fifty five year. Analysts community has no visibility into fifty five dollar price difference in targets. That is interesting. I think when they're talking about profitability ability. I think they're getting to break even as the sort of I measure of profitability. And then I think talking about margins is how do they grow this business and grow the margins regions. I actually like lift. I agree with guy. Had it not been up so much into earnings. I think this would have been an okay of Eric Berry. Okay we'll see what he says on the call about. Does the timeline change any. That's going to be really important but I actually like it. For the reason do send it is a cleaner sort of story than Uber. Yeah I would just mention this though you know. Obviously it's a two horse race. As far as the product is concerned. I think the last thing you really WanNa do at this point this far away from profitability to see these companies tripping over each other to kind of get ahead ahead of their skis to kind of get too aggressive on their guidance because to your point about profitability and visibility and investor visibility and then obviously the analysts community. I mean at the end of the day you could. You could obviously Drive a truck through that sort of sentiment. Let's they've laid out there guidance when they're going to get adjusted adjusted whatever that means because that really doesn't mean profitability but I think investors want the path towards and. I'll just say kind of the last point here is that this stock broke out of that. Fifty levels been below there for five months or so I think investors are comfortable on how these guys are going to get to that twenty twenty twenty one guidance. I don't think you want to see them. Get too far ahead of it. It's weird world guy down because it is he's got this discussion. We talk about this company monitoring we gotta talk about Lift Tesla. It might have heard about sure mentioned a few times. Everybody talks in the bull. Case of Tesla's autonomous cars. They're going to drive US around. We won't need ridesharing during or if we do it will probably be in some sort of Tesla or tesla related. Maybe or maybe that's the existential risk to Ford and GM reason why those stocks traded at horribly over for the last six or seven years. I don't know I think you make a fair point. I don't think it's the death knell for the Uber's analysts. I think you have to decide which is better which is better situated. It has a better platform right now and I continue to say it's left now again. I think the run-up it's been such that. It makes sense. People are taking profits but you just look at the numbers. The numbers are improving. You're we're talking about thirty six percent revenue growth quarter over quarter and you over here something about twenty eight twenty nine percent. I think that's an interesting playwright here and again forty eight and a half this way you get back into name but we think about you. It's interesting you bring in Tesla Valuation. Because at least with Tesla there's all kinds of pie. In the sky you could incorporate in terms of their data terms of battery pack. This is ultimately. It's a service revenue dynamic for them to get to that Q.. Four twenty twenty one EBA positive they're gonNA have to grow trip growth by twenty percent. They're going to to grow our poo or average revenue per rider. So I changed it around a little bit by fifteen percent but that's pretty straightforward. It's not a case where you can take evaluation evaluation begin to start extrapolating all kinds of growth prospects. I don't think you can let me make one other point. We're talking about a company that you said yes. They went public at seventy two bucks is trading trading at fifty two bucks. They put three billion dollars in cash on their balance sheet so that actually preserve their ability to kind of get to whatever those targets are to get profitable and the the other thing. I'll just say you talk about data talk about an existential threat to the car makers so it's going to have to make the cars that are going to be autonomous on lifting Uber's network so so this company you know people talk about one was apple by Tesla this. This company will get bought by some day by a massive data company. It could be an apple it could be a google could matter what could be tesla who knows I'm just saying if you're looking at vertical integration. Just say at this market cap with that cash position if they can accelerate their profitability At some point this is not going to be a thirteen billion dollar enterprise company. I'm not sure if you're aware that this guy a dummy actually was working lift at some point guy. I wonder what the whole talk talk about. Employees actually being drivers under any thought about coming back to this quarterbacks. They've called me a number of times early drivers. Hopefully the crack staff halfback footage is wonderful. There you looked at me with the whites loves now. That's what we call white glove service. Bryant wouldn't genius. Sounds like you've just great but at the

Uber Brian Roberts Tesla CFO Deirdre Brian Bosa Logan Green Twenty Twenty Apple Eric Berry Gig Economy CEO Representative Google TIM Bryant EBA
Saudi Aramco inks deal with India's Reliance Industries

FT News

11:46 min | 11 months ago

Saudi Aramco inks deal with India's Reliance Industries

"Saudi arabia is making a high stakes investment in india's. The world's largest crude oil exporter seeks is to deepen its ties with the fastest growing energy consumer. The saudi state energy giant plans to take a twenty percent stake in reliance industries refining and petrochemicals business valuing the businesses seventy five billion dollars he was to discuss the deal is angry rebel. They're not senior energy correspondent down the line rejoined oil mumbai correspondent benjamin parkyn so then what are the terms of the deal and how favorable are they reliance well aramco is going to take a twenty cent stake in realizes oil and in petrochemicals business which valued at seventy five billion dollars including debt so that means we'll get about fifteen billion dollars which is a huge sum and one of the largest foreign investments ever in india in addition reliance will obviously get access to saudi arabia's enormous oil reserves cbs. You'll get access to aramco's technology which will help to make it's refunding operation most sophisticated and so on and it will get access to around close was management expertise and aramco will appoint some managerial positions within the new unit there for me however the deal isn't finalized finalized yet and they're all details to resolve realizes channel mckay shabani initially announced it in a very confident fashion at their annual general meeting meeting but aramco went onto a little bit of cold water on that by saying that it was still a relatively early stage however ryan so confident that it's just a matter of time crime until they concluded and what's the appeal of the indian market for saudi aramco around the foreign oil and gas majors increase investments in the country to well b._p. And reliance lines recently entered into a deal to form a network of petrol stations and aviation fuels business so clearly oil and gas majors are interested in india and for a good reason because it's the foss granted you consumer in the world and it is among the fastest growing larger economies you know there are literally tens of millions of people people and even hundreds of millions of people in some cases entering these new markets as consumers for the first time so whether it's driving causal the most cycles flying in planes buying and switching on t._v.'s getting connected to the electric grid and no other country in the world bar i guess us china can claim anything like that so with dimond lagging in other parts of the world india is very very important for aramco and other big oil and gas companies reliance particularly important for aramco well reliance <unk> has one of the world's largest and most fisted refining operations they state of the art complex in gujarat on india's west coast i but crucially reliance also has a strong presence throughout india and across regions and sectors that few others can claim seem to have a presence so it has an incredible research among indian consumers and in addition to its oil and chemical business this it has to very fast growing revenue businesses in retail reliance retail and in digital services called gio and now it's not obvious obvious how these could help a company like aramco or b._p. But there are lots of opportunities and reliance executives have talked about that so gio has three hundred forty million mobile customers which is equivalent or larger than the population of the u._s. So it's a huge is base of people and gio creates kind of loyalty scheme whereby its customers have an incentive to refuel at a specific petrol station and network or whatever it is or realize of land on which aramco could build if they need to which would massively speed up. What's otherwise is a time consuming and painful bureaucratic process. What will relies use the investment ford. One crucial thing is to pay down its debt so so realizes come under an increasing amount of scrutiny for its growing debt pile precisely because it spent a huge amount of money in order to build up this digital gio business us almost from scratch in some senses ties and that debt of around twenty billion out of the end of the most recent financial year which is much larger than what i had a few years years ago so this has concerned some investors and holidays to downgraded the radio net stock so alongside side the aramco deal reliance announced that does zero company by twenty twenty one and the roughly fifty billion dollars is going to get is gonna make a huge difference to that needless to say but reliance is adamant that the deal is not about paying down debt. It's a strategic partnership and it's part of a broader vision that involves loves bringing on mopeds no just in the oil business but across the company in order to sort of shake up the way its run and its management structure and how will it's digital and retail business with its oil and chemicals operation the retail and digital businesses current account for around thirty percent of eba but reliance wants to increase that share to around half now. This is all part of a quite an ambitious strategy to go from being a business that refined oil and makes wchs petrochemicals to a consumer facing giant that will provide you with everything from mobile phones to your t._v. Service to clothes to to food on multiple now notice to do this. The company plans to restructuring quite a significant so wants to separate the oil and chemical unit then twitch around investing into a separate entity within five years and may listed it also wants to list raced gio and reliance retail over similar timeframe so in five years time reliance will look very different and you know something more akin to a holding company will do succeed in winning regulatory approval rawlins's confident that it will it will be closed by march next year yea twenty twenty but as i said the terms still have to be finalized with aramco who relevant more hesitant in their own statements turning to you how does this deal fitting with aramco's overall strategy so saudi aramco has made huge efforts over the last few years to expand abroad and this is mainly through asia and false growing emerging economies and it struck huge number refinery partnerships across asia from korea korea announced india. The plan is always to lock in future sales of crude. It's a measure of security for the world's biggest oil exporter exporter to be able to do this. The point is also that it wants to secure these markets where demand is still growing quite quickly. Particularly as consumption elsewhere begins to weaken and over time beginning c mo remove this particularly with big global push towards cleaner gina fuels and so this is part of their overall strategy tools diversification so diversification but in a slightly different sense the kingdom and muhammad had bin salman the crown prince of saudi arabia has actually talked about moving the country's economy beyond oil but if it wants to do that it needs to have a steady stream of cash coming from its existing oil and gas businesses in order to fund all the new stuff and create saudi arabia two point. Oh so whether it be in technology or tourism mining all these other sectors that saudi arabia wishes it could it will be an expert in at some point but it has to leverage its know-how in order to do that. You mentioned the saudi arabia's efforts to diversify away from fossil fuels away from dirty sources. She's a fantasy. Where is it that with particular process so the kingdom's diverse vacation of its economy is largely to do with securing its future future government revenues and it's extremely early stages. They've tried to invest in a huge number of technology companies abroad these very fast growing foreign companies in some ways but actually not generating the kinds of revenues traditional oil and gas businesses can deliver so it's very tricky will also happened as they've been trying to embark walk upon this big plan led by the very powerful and quite impatient crown prince is that they have had a series of political crises from the killing of journalist jamaica shoji and what the has done is created this sort of wave international censure and stops the country okay from getting these funds from abroad that really needed to help diversify the country's economy but this is another reason why they've turned to india india has been <hes> with open arms and is really willing to legitimize and give saudi arabia that ranking as a global investment went powerhouse with a deal like this and also because india's economy still heavily reliant on polluting fossil fuels so we'll aramco's technical no hair that they've they seem offered as part of this deal helping to cut back on the pollutants the so damaging to the health of the population why would say at this stage. The answer is probably no do india has got one of the most aggressive renewables programs out there but the demand is growing so quickly that they need more of everything everything whether it be oil gas coal even as well as newer forms of energy clean like solar so india is probably googly looking to saudi arabia to ensure that indian energy security is firmly in place and this remember comes a time when oil all supplies from countries such as iran or venezuela have really been disrupted. It's obviously a private company reliance but there is a broader context in which this deal is happening. You mentioned the the fall of supply from venezuela and iran in terms of the amount of oil. Were talking about as part of this steal. Will this offset the loss of those imports for india from around because of the u._s. sanctions. So what we've already seen is that some countries such as saudi arabia and iraq have tried to replace runyon barrels not just in india but other countries too and the thinking here is for reliance that they will end end up securing forty percent of the amount of oil that they need from saudi aramco itself but they're still will be other suppliers out there and eventually how how confident the saudi aramco the still will go through saudi aramco has said that india's massive strategic priority for the company and the country but the chief financial of did say on the company's first ever earnings call that the deal was still at a very early stage due do you diligence was still required over the next four months or say and board approval was still require it so they really were trying to as bensaid waterdown how far hour-long the steel had gone to but would save very senior. Officials in saudi arabia and also in india definitely would have had to sign off on this to even get to this point.

Saudi Aramco Saudi Arabia India Reliance Retail Aramco GIO Benjamin Parkyn Asia Ford
"eba" Discussed on The Dentalpreneur Podcast with Dr. Mark Costes

The Dentalpreneur Podcast with Dr. Mark Costes

03:14 min | 1 year ago

"eba" Discussed on The Dentalpreneur Podcast with Dr. Mark Costes

"It's like you know what that'd be cool a group in town six hundred people this company has twenty thousand employees <hes> they give me agree package start there and and it was fun and it was really interesting to do banking <hes> because obviously growing a company into this is what I did in buying four million dollar line of credit and stuff like that so done a lot of banking but always says the business owners perspective so is neat to learn the banking perspective on the other side of defense and <hes> I worked here for three and the half years in his painful as it was. I did learn a ton about the way the underwriters and bank is thinking about when they're making loans and <hes> it was very interesting but while I was there I did get my entrepreneurial spirit back and and kind of discovered that I love that was missions. You know that was probably the most funnest part about running the oil company was buying other companies and <hes> so in two thousand July two thousand fourteen civil right on five years year <hes> we started innovative business advisers and we we basically do three things we hope people buy and sell businesses <hes> prefer to work with clients that how a business with a value between one and fifteen million I got my C._d.. Designation which stands for a certified valuation analyst I so we do a lot of business valuations and <hes> There's also a coaching aspect tour business using the value builder system which is nonfinancial things that can affect the value the company and <hes> we also take a pretty deep deep dive on financials. Financials and really learning just some key ratios and things like that that even if you're a nonfinancial person we can create a dashboard or racial analysis page. I'll give you a pretty good idea of how your company's taken okay. There's some key terms in there that I have to go back to nine nonfinancial valuations and strategic valuations interesting because if you're thinking about this is a dental audience and this is a relatively sophisticated dental audience one hundred fifty countries all over the world probably several thousand people listening to our voice right now and most of us know that there's a couple different main ways to value dental practice and they're all financial <hes> one of them typically is to take the gross revenue and multiply by some percentage and then you'll end up with evaluation K.. That's the quick and dirty way to do it. That's the way most people do it on the open market when you're buying and selling say one or maybe to dental practices to a private buyer there and then there is the Eba method where you take the profitability you know <hes> Eba everybody on the on the air here should know what Eba is but you take Eba the profitability basically of the company and you multiply that I buy some factor say <hes> for a single practice. Maybe it's three or four times <hes> for a large practice. That's maybe six or seven or ten practices with the Good Eba you're looking at maybe six to eleven times Eba so those are both very financial and it's based on the numbers of of what the group of practices or single practices doing so tell us about nonfinancial valuations in strategic valuations situations..

Eba analyst four million dollar five years
"eba" Discussed on Manager Tools

Manager Tools

02:27 min | 1 year ago

"eba" Discussed on Manager Tools

"I love that sentence. Going back to our earlier comments about measures you can't just do inches. You can't do profit can't do productivity. You can't do GDP. They are results. Okay, you can't do EBA. That's why they're widely accepted measures that are compared across industries, in about across companies as comparative measures. Right. But you can do engagement as it's currently defined, well, actually know what Gallup doesn't really say you can do engagement, but that's essentially what it is. Because detest says things like, you know, I've been thanked recently for my work. Well, if you wanna maximum score just go around thinking your people. And by the way, I'm not saying that thanking people is a bad thing. But the idea that thinking your people could be one of the twelve questions and all you have to do is start thinking your people more, or I feel clear about what my career guidances well okay once a month, and you're one on one, you don't have to have a one on one to have Gaijin score sit down with your folks as a how you feel. We're, we're headed so on K. It just seems misleading to recommend someone try to achieve a high engagement score in order to improve organizational results. And then say engagement is what our test says because there's no sex, except the definition of engagement. And then. No, no that the best way to achieve high engagement is to literally do the actions tested by the test. Right. Well, it's a problem of this indirect chain. Right. Which is I mean you and I both believe in. It is great. And that more engagement will be to that are affecting this in more profitability in at high level. Right. But the problem is, it's not again, it's removed from the inductive, which is profitability, or it's a proxy of approximate proxy war proxy. And then you have a then you have a basket of proxies to death to define the proxy. Right. It just becomes ludicrous at some point. Yeah I mean folks, your company it does not exist to make a profit. It has to make a profit in order to stay in business profit is basically, the cost of future operations that you build into your into your revenue and cost models..

EBA Gallup
Is Tesla the next Netflix?

CNBC's Fast Money

02:43 min | 1 year ago

Is Tesla the next Netflix?

"You think the tesla may have a rough year or two years ahead, but then eventually to the moon mean solid Netflix when, when you judge a growing category, that's being created on a quarter to quarter basis. It's kind of like driving a car through the lens of a microscope looking backwards. Right. I mean it's not really helpful when you look at say, all of our children and their grandchildren will be ten x more or fewer electric cars. It's going to be the former answer. And that with that in mind that tailwind is pretty insurmountable. Their Eddie, great to have you with us to come by soon very Very much. much. Pita juryman. What do you think of? He's analysis. I think a lot of it makes sense. We had a chest Tucker earlier, and we were talking about a lot of the different variables that are going on here in the comparisons with Netflix as well. And that is one of those names where I continue to be bullish on Tesla's at crazy name that we all know it's almost impossible to get your arms around because of all the tweets everything else that's going on there. But I will tell you this, there was some monster by Dan and I are always looking at the options world. That's very, very clear June fourth ten thousand of the August two fifty calls for over two dollars. That's a real trade that was somebody putting down money saying, you know what there is some former recovery. Stock was trading. One eighty mill now here it is almost thirty dollars from that point. So I'm looking at this. I bought a lot with those calls. This is a trade. This is not something where I think long term, I think Tesla's going to scream right back to four hundred. But I do think this thing gets in those ranges guy talks about the Rangers all the time where support is I think right now we're on this upward swing. I think we do it two hundred mention that trade before saying that is very unusual to see this sort of action. That was a different trade. But listen, I'll just say this. I actually that was really kind of comparison. I don't think it makes the whole heck of a lot of sense to me. I mean if you think about the pie that have grown over the last four years, I've been very skeptical. If tesla has picked up the Prius buyer on the average preists is like twenty seven grand or something like that. Tesla's lowest end is this new model three that we know is comes at, like fifty five Gs or something like that. So obviously, there's numbers were pretty clear. I mean other not the pies grown. And so previous is selling less. But how many Chevy bolt selling more? I. I mean, I'm just saying this is not a great reflection. I just don't think that you're having a Prius buyer going up and violently about last bottle extra three. So here's the big difference between net flicks and Tesla's. I see it so back in two thousand eleven Netflix had a market cap of ten billion. They had two hundred million dollars a debt, and they had total debt to EBITDA of zero point five. Right now, you have tesla about thirty eight billion. They've got almost twelve billion dollars a debt in the total debt to EBA die is almost eight point. Oh so net. Flicks was able to make them the stake here and there. Tesla can't afford to make a mistake. They gotta hit a home run. Every time they step up to the plate.

Tesla Netflix Flicks Rangers Chevy Tucker DAN EBA Two Hundred Million Dollars Twelve Billion Dollars One Eighty Mill Thirty Dollars Two Dollars Four Years Two Years
"eba" Discussed on Thrivetime Show | Business School without the BS

Thrivetime Show | Business School without the BS

03:05 min | 1 year ago

"eba" Discussed on Thrivetime Show | Business School without the BS

"We are answering question from thrive out there Andrew. Do you have the question in front of you written there by the thrive or I believe it's highlighted in green on the show notes. I see it. What is the question that is asked by the member of the thrive nations, we says it may be a question for an accountant or what, what do you recommend as a healthy debt? And he says e b? Ratio in general for service, businesses and for medical practices. All right. Well, let's start the defined some stuff there. So times you're going to hear the phrase EBA people say, oh, man, which was the EBA I have a hard time with the jargon, sometimes not attacking our thrive who's, who's asking the question for writing that phrase. But you have you ever seen this phrase before? Yeah. Yeah I've seen it before seen it. But I mean. You talk about on the daily basis. Right. So therefore, we lose a certain percentage of our audience if we start to use some jargon. So what this word with this phrase means EBA is earnings before interest, taxes, and depreciation and amortization. So it means earnings, the money you earn before interest taxes, depreciation and amortization. So this figure measures a company's annual earnings before the subtraction of the interest payments, the taxes, the depreciation amortization. That's what that means. All right. So let's start off by by getting into the question where he's asking about what is a healthy profit margin. What the healthy profit margin for a service business? All right. So here's kind of the general rule as relates to profit margins in retail. The an item could be marked up insane amounts in it's considered to be fine. And a lot of industries. So as an example, injure, their companies out there that will charge you to text message companies. Have you ever seen us do that before for client? Yes, I have voice out text messages. Yeah. What program do we typically use? When we text out, you recall, none of the top of my head. It's right there. Starts with a twig. Twilla tulio. So we use twi- Leo when we mass text on behalf of our clients and explain why we maybe a client that we mass text for right? And why we would ever want to mass text. Absolutely. So Papa gals they mass text because it's you can send a who Papa gallows and what do they do? They serve pizza. They are pizzeria down in satellite Beach Florida, so satellite Beach, Florida. Picturing, your mind, VH side business, each side business gals continue, my friend. All right. So they have a pizzeria. And so one of the ways they use twi- Leo is they send out around lunchtime. They will send out a blast and it will be of an offer so they will have a, you know, a half off or by two large get one half offer. What and they'll have an offer a free drink half price sub or whatnot. They'll have.

satellite Beach Florida EBA accountant Andrew Leo Papa gallows Florida
"eba" Discussed on Dentistry Uncensored with Howard Farran

Dentistry Uncensored with Howard Farran

02:03 min | 1 year ago

"eba" Discussed on Dentistry Uncensored with Howard Farran

"They are not cash items depreciate Amazon, also measure, what the country's spending or needs. So, so I guess warmth of it says, and I quote it amazes me a widespread. The USA does become people try to dress up financial statements with it. We will buy into companies where somebody's talking about Hiba, if you look at all companies, and slip them into companies that use the metric, and those adult I suspect, you'll find a lot more fraud in the former group. Look on these, like WalMart G, and my they never use baton their annual report. But the reason I'm focusing on EBA is the fact that it's an interesting phenomena where if you sell one office to DSO you might get a multiple four but. Yoursel one hundred offices, you might get a multiple of like you say twelve why. So it's just more proof of concept. One office might have some variables that might now be scalable. But by the time he got ten or twenty or two hundred looks like it's very the business models. Correct. Yes. Offices at somewhere between point six point eight of their annual previous annual revenue. So that's golly you don't get into multiples until you get multiple officers usually. Okay. So would what will your business model? I mean, you know, everybody wants to be unique. Everybody wants to have the unique selling proposition. What will be unique about abundant dental care on their business model? I thought you would never s. Yesica to the thing. We go. Okay. So as far as the business, and then we're going to go, what I call the spiritual side, and don't get a word about spiritual doesn't mean dog about only be serving others don't go get worried about it. Only me serving others better. So let's go. The usual thing open seven.

WalMart Amazon EBA USA Hiba fraud
"eba" Discussed on Pivot with Kara Swisher and Scott Galloway

Pivot with Kara Swisher and Scott Galloway

03:27 min | 1 year ago

"eba" Discussed on Pivot with Kara Swisher and Scott Galloway

"And there's nothing there's no network affects us. No real technology here. And when Schick, it's real, you know, the terrible thing about recessions is they always happen. The wonderful thing is they always end, but they do. Oh was happen, and we're overdue. And when you wake up to this company with ten year leases in a recession where people are no longer willing to pay this kind of money or don't want or just decide to work out of their den of their homes. This company goes from negative one hundred percent EBA, which is a new record to negative two hundred percent. And the thing that really bothers me about we were is that when a company feels like they have license to start inventing their own accounting standards, and rather than now report with the report now, rather than reporting EBA, like most companies they've decided they've come up with a new metric called community based EBA. I mean, pretty soon, they're going to say, like EBA definitely gonna be earnings before everything else. Right. That's what track. That was an old trick of AOL's. They all had. They all have done that. That's exactly 'em. Look, and look, how that movie ends. So the most overvalued private company in the world, we work if the market screw up here and let the single public, it could literally towards the entire market because this. Is this thing is really in my view? They've got valued at forty billion dollars. I think they're out trying to raise it forty billion the company that I it just economically. Absolutely makes us. Anyway. Community-based EBA is my, my fail of the were fail of the week. What's your failed? Did you do? Yes. I didn't fail. I'm gonna do think Trump having the fit at Nancy Pelosi, he bites every Chevy time she picks up she puts the football out. He kicks it and falls over and she pulls it away. I just like I am fascinated by that relationship. I Ali ran into her at an event this weekend, sat down with her, and of all, people, Hillary Clinton, which was really interesting to have the two of them. Are you Nancy? Yeah. Yeah, exactly. It was weird. It was Washington. So Washington moment dragon involved. Watch out. Dragon. I would I would use that dragon frequently. So, so anyway, so I was really fascinated by his reaction. And of course, he seemed like he had it all planned because he had that weird sign which was weirder than ever the sign that he had in front of the podium. The white, I would is like we have gone real downhill here, and I wonder who made that's on that sad intern I kept thinking, who's the sad intern who had to make this, and then I thought it must have been Jared because the because the font was all off. So but, but I was fascinated by that because he seemed to have planned his little thing, but she seems to have one that, you know what I mean, like it's interesting. I don't know you know, this is all inside politics. But I sort of was fascinated by how, you know how you can't stand the heat did of the kitchen and this is very hot kitchen in Washington. And it was a you don't think it matters. But I think it was a fail. That was a weird. It was a weird fail that he keeps walking into with her, and she's and she plays it beautifully. I think I don't know if you think that the house speaker at the house makers, there's a gangster as an eye. I'm going back. I think I'm, I'm. Senator Feinstein, and Nancy Pelosi of sort of made me revisit the notion that my ages because I didn't sport either of them because I'd bottom line. It's there were just getting too old. And it bothers me when these senators and it's almost always been male senators who decide that. The Senate is a retirement home and you know what? She's amazing. She's just she's just I think she's just been an incredibly thoughtful, measured..

Nancy Pelosi EBA Trump Washington Jared Schick intern Hillary Clinton AOL Senator Feinstein Senate Chevy Ali football forty billion dollars one hundred percent two hundred percent ten year
"eba" Discussed on The GaryVee Audio Experience

The GaryVee Audio Experience

01:54 min | 1 year ago

"eba" Discussed on The GaryVee Audio Experience

"Your EBA and your stock price, your clients eventually are going to feel that and when they feel that and they feel the negative effects. I I actually believe there's an incredible book to be written similar to like barbarians at the gate of what the four five biggest holding. Companies in the world have accomplished in the last twenty five years, which is through consolidation. They basically extracted the value out of the biggest brands in the world. If you look at the biggest brands in the world that have used the publicly traded agency model over the last twenty years, they've declined while the agencies have grown only now are starting to decline because the cats out of the bag because the biggest brands in the world are starting to look at bainer and other independent alternatives, and that's bad for the holding companies. So you wouldn't necessarily live to public. I I'm incapable of being Cova publicly traded company. So now, we will not maybe you'll end must should've said something like that at one point. You know, I don't know what Yulon well enough. And I know he's a character. I'm not I'm not incapable because I want to curse on video. I'm incapable because I don't know how to run a business that needs to perform financially every ninety days because I'm a marathon runner. Not a sprinter. It's kind of refreshing to hear that you don't necessarily need this pay. But you don't need that for your employees. I mean, it's all I mean, there are a lot of private companies have been around for decades and decades. Right. That's exactly right to go public right now. I don't need. I don't want the cash infusion to buy a boat. I want to enjoy running a company, and I need independence as entrepreneur. And so I'm not willing to give up my independence for four hundred million dollars up front. So you were running a liquor store the internet happens. I mean how in win. Did you realize that the internet was going to revolutionize? Let's say the business of communication October nineteen Ninety-four you have a date. I do I'll tell you. Why October one thousand.

Yulon EBA Cova four hundred million dollars twenty five years twenty years ninety days
Lyft's stock craters to record low after its first quarterly report disappoints, Uber IPO looms

MarketFoolery

04:59 min | 1 year ago

Lyft's stock craters to record low after its first quarterly report disappoints, Uber IPO looms

"We're going to start with lift issuing its first report as a public company, and it's a memorable one because lift lost a billion dollars in the quarter. The company says that this will be its Picquier for losses, and that it sees a clear path to profitability boy, I really hope so because they just lost a billion dollars in ninety days. Yeah. I think that that is not easy to do. Yes. You know, despite the headlines today about one of the leaders of this country having lost a billion dollars that took him ten years. Right. Not ninety ninety days couldn't do that. Although he did it three times. But that's another story. That's another another story. And yeah, they've projected an EBA two loss for one point one five to one point one seven five billion. That's a brother specific range of fairly tiny range given the size of the loss. It's like a one percent delta between the the high and low of of that range on three point two to three point three billion dollars in revenue. So you've got two competing stories here. One extraordinary growth at the top line. I think ninety five percent year over year revenue growth for the quarter and staggering losses and the market today has resolved that by selling off the stock, right. So worth remembering that, and it's not hard to remember because it was just on. I don't know a couple of weeks ago that lift went public seventy two dollars a share with the sell off today. It's at fifty five there is a price at which this stock becomes. Attractive? I suppose is the mid fifties. Where it is. Because the way I and all kidding aside. That's what I was struck by. It was not that they lost a billion dollars. It's that they did it in ninety days. And I don't even know how you begin to to do that. So it still feels like this is much higher than I would want it to be before. I put lift on my watch list. Okay. Well in saying that they lost a billion dollars over ninety days. That is true, but misleading in the sense that a lot of it was related to stock option expense in the and the cost of associated with going public. And so what they lost on an operational basis was about a quarter of that billion dollars. One point one one point two billion. They're gonna lose for the year. So still losing the two fifty two hundred and fifty million on your operations. When you're not, you know, you seven hundred seventy six million was was the revenue and they're losing one third of that in in operations. And so I think that they're obviously not an attractive stock to a value investor who would want to see profits and in terms of the growth investing public. It is it doesn't. So it doesn't have any momentum. Stock investors interested in it because it goes down memory day. And so that's not the kind of momentum unless you're short seller that you're looking for. So you need to have that this all this top line growth is going to translate to prophets at some point when his gonna be and they're talking about a clear path to profitability, but Hoover is going to be a well capitalized company as a Friday. And can I fight them? I guess as to who can lose more money quickly in pursuit of. Of customers goober has set the range for their IPO at forty four to fifty dollars. I've said before I think that's both smart of them. And probably a response to what happened with lift stock right after they went public. So among other things Uber is looking to get in. If not the good graces of Wall Street, certainly the better graces of Wall Street relative to lift. Yeah. And they are going to be judged through the relative to lift prism, and as they should be because there's a direct competitor. And Heuberger is in a few more areas of business who berates his more attractive part of the business and some other parts of the business. But yeah, they have to at this point somewhat defend themselves from the market reaction that has befallen lift and say why they should be valued at the top of the range. Rather than the bottom or or below because people want to see there are enough fast growing companies which have more clear passed a profitability than the one that lift is demonstrating so far

Hoover Heuberger Billion Dollars Ninety Days Three Billion Dollars Ninety Five Percent Seventy Two Dollars Ninety Ninety Days Fifty Dollars One Percent Ten Years
Space Agency Seeks People to Stay in Bed for 2 Months. Pancakes Will Be Provided.

WBZ Afternoon News

00:43 sec | 1 year ago

Space Agency Seeks People to Stay in Bed for 2 Months. Pancakes Will Be Provided.

"Are you ready for bed? Nasr's ready to pay you nineteen thousand dollars to stay there for months NASA, and the German and European Space Agency say they're looking for twenty four volunteers to spend sixty days lying down. It's a study on bed. Rest to research, how the body changes in weightlessness. Researchers say bedrest is like weightlessness. The study will be conducted from September to December this year in the German city of Cologne. Volunteers will eat exercise get dressed EBA shower while flat in bed. Researchers are looking for twelve women and twelve men to volunteer. Applications are available on the German aerospace agency website. Did I mention is actually really good money nineteen thousand dollars for those two months

European Space Agency Nasr EBA Cologne Nasa Nineteen Thousand Dollars Sixty Days Two Months
Space Agency Seeks People to Stay in Bed for 2 Months. Pancakes Will Be Provided.

WBZ Afternoon News

01:21 min | 1 year ago

Space Agency Seeks People to Stay in Bed for 2 Months. Pancakes Will Be Provided.

"Are you ready for bed? Nasr's ready to pay you nineteen thousand dollars to stay there for months NASA, and the German and European Space Agency say they're looking for twenty four volunteers to spend sixty days lying down. It's a study on bed. Rest to research, how the body changes in weightlessness. Researchers say bedrest is like weightlessness. The study will be conducted from September to December this year in the German city of Cologne. Volunteers will eat exercise get dressed EBA shower while flat in bed. Researchers are looking for twelve women and twelve men to volunteer. Applications are available on the German aerospace agency website. Did I mention is actually really good money nineteen thousand dollars for those two months or so you're in bed, but are you actually sleeping an expert on sleep? Dr Kristen Kanoute Sen. says it's critical we sleep well and deeply good quality sleep is made up of duration, which which is should be about seven to eight hours. Nine for most adults as well as depth and continuity. It's not happening for a lot of you. And that's because a lot of us are sleeping with our, ipads and smartphones were tweeting were reading, and we shouldn't be doing that. And she says turn off all electronic devices one hour at least before bedtime. Also, go

European Space Agency Dr Kristen Kanoute Nasr Cologne EBA Nasa Nineteen Thousand Dollars Eight Hours Sixty Days Two Months One Hour
"eba" Discussed on Freedom Fast Lane with Ryan Daniel Moran

Freedom Fast Lane with Ryan Daniel Moran

03:45 min | 1 year ago

"eba" Discussed on Freedom Fast Lane with Ryan Daniel Moran

"An amplifying you and your company's uniqueness and many of you, especially you physical product sellers are resistant to this idea of doing anything unique your frayed of the uniqueness. And so you fear what's going to happen. When other people start distributing the exact same thing is you guess what oth of you become less valuable. That's what happens your job is an entrepreneur is to create and distribute unique value, and you do that according to what it is that you want because that's what you got into this for four. In the first place. It's a step two is knowing how it's distributing the uniqueness step three is knowing who you need with you. Look, we all feel alone in this game all of us every single one of us. It's by our nature because we know there's something unique about us. We know there's something weird about us. And so as a result, we always felt a little bit separate from the rest of the group because we're all a little bit unique in weird. And entrepreneurs are the one people in the world who sees something different about life and try to change it which is a lonely journey by nature now for some people. That's just your unique. And so you're kind of alone in this in it's your greatest strength. But for most of us that feeling of being alone puts us in survival mode, which is really odd because when we're in survival mode. We start doing things polling things toward us, which pushes other people away perpetuates cycle. Which is why you get a lot of angry people on the internet. Loneliness begets, more loneliness because we ended up doing the things that create survival mode and push other people away, you realize guys were made to be in groups of people. So your uniqueness was supposed to be the greatest gift that you brought to the rest of the group. But in this world. Raw our own tribe. No wonder we feel alone. No wonder we feel like we carried too much on our backs. No wonder no wonder. Here's the thing. We never meet the people who help us build that empire who build the thing that we want it literally cannot happen until it reflects the thing that you actually want because other people want to feel that same thing they want what they want to. It's a look if what you want out of your business is to be cash flow positive and to make ten million dollars in EBA a year. Great own it, make it your mission. Publicize it St. it internalize it. Don't try to add some purpose driven bullshit to it. If it's not what you want own it. Because then you'll be able to go recruit other people who want that to and now your missions are aligned now, your visions are aligned if it's to work as little as possible or so producing a prophet if it's to amplify a message. Whatever it is that you want you can do. But if you're lying about why you're bringing it to the world, you bring on other liars or people who are misled to be a part of your vision in the first place, and guess what? You're never going to have synergy, which means you're always going to be carrying this thing on your back and feeling alone. You never really meet the people who will help drive the company to where.

EBA ten million dollars
"eba" Discussed on The Essential Oil Revolution

The Essential Oil Revolution

02:45 min | 1 year ago

"eba" Discussed on The Essential Oil Revolution

"But anyway, when I go there, and I inhale I feel so at peace, and I feel so great, and I feel grounded it makes my soul happy. And so as you talk about that, that's my immediate reaction that oh, I need that in my life to make myself feel that same grounding happiness just right here because we're I am at right here is gorgeous, and peaceful and country like as well, but the smell isn't there? I don't get that lovely iron have some cedar trees in the very very very backyard. And sometimes if I'll walk through those all sometimes it's the right season, whether etc get a lovely smell as well. So that's that's immediately. What I think of when you say that. Yeah. And not just sort of proves that if you don't think your oil yet, you're wrong because we're surrounded by essential oils, all time, even if they're not in near home, which they probably already are like a lot of companies will use essential oils tour to flavor food or to put into products Desio. Most people are already ingesting and using oils or or smelling them every day, and they don't even realize it my favorite chocolate bar Gloucester. Everybody will find it this season in it's actually a bit depressing. But it was a it was a lovely chocolate bar. Maybe I should just make my own. And I know that it had peppermint oil as part of how they were doing the canes in the candy canes. It was like a really clean labeled thing. Anyway, they maybe didn't bring it back this year. It was legitimately the best stuff ever. And I know it was so much better because of the use of essential. It was very obvious and very clear. I perfect so yeah. Okay. I have a stack of peppermint chocolate bars in my friends, I'm in a male you one after this. Did you make them? No, no. I just got them from the company that I buy from or my essence royals. They also make they have a lot of other products to one of them they make it's an annual thing. So that's why bought like fifty bars. Oh, that's so wonderful. I had no idea. I love love love it. So I want to touch really quick on. You mentioned you were talking about the blend of lime cedar what I'm so excited to because I have a couple, you know, sometimes you do these auto ship things then you accidentally get too much of an oil. You don't know what to do with or what is one of mine, and so mixed you mentioned, cedar. What's lime cedar wood, lavender and COPA EBA, which I was always calling this by and I used to use it for my kids when they were teething and it worked really beautifully and so you're going to come back for on. And we'll talk about COPA EBA versus CBS oil. So I'm really I'm just priming us because I'm really excited for you to do that. Yeah. It's a fun topic for sure. Yeah. So Sam you're a wealth of knowledge so much. What is your gut reaction you'd share with someone? That's listening today. Feels like you're speaking directly to them or just kind of interest. Like, you just got them excited, and they just wanna get started. Like, what's your advice to say? Here's something you can start today or tomorrow. Sure. Sure. Well, I always say, no one should oil alone..

COPA EBA EBA Sam CBS fifty bars
"eba" Discussed on Bleeding Green Nation

Bleeding Green Nation

03:00 min | 1 year ago

"eba" Discussed on Bleeding Green Nation

"Have the kind of big school pedigree that you'd expect for guys that you wanna be able to rely on as a starting outside pass rusher. And you know, is it is a boom or is it EBA calm. I know those Thing. thing. What whatever you say is probably right. They all acceptable. It's and ultimately the real problem is the Rams have maybe the best player in football. And this is what seventeen minutes into this. And this is the longest I think I've gone into a podcast without mentioning Aaron Donald he's he's probably the best team best. He is the best team. But he's also player in the NFL. And the problem is as long as you force the Rams offensively. If you try to avoid them, whether you're running to the outside or scheming, especially you know, if you've got a quarterback, that's mobile, and that may be the biggest difference between foles and winces that Wentz could've moved away from Aaron Donald is that you can find ways to get away from Aaron Donald and kind of negate his effect on the game and force other guys to have an impact. And when they've done that the Rams have had varying levels of success against the bears. They had none early on in. You know, the bears found ways to triple team Aaron Donald at times, which is what you're going to have to do to try to deal with him. But. Just couldn't really get anything going with the passing game. Because Trubisky had a bad game. Other teams have found different levels as success when they came away from Aaron Donald the problem is if you don't scheme away from Aaron Donald he's going to win because he's that good. And so the bigger problem is been when you've got a guy like Aaron Donald up the middle. You mentioned the interior pass rush. There's just no excuse, you know, that you're gonna get a ton of one on one match ups on the outside. And there's just no way to defend the inability for the Rams edge. Rush to lose one on one as frequently as they have even since gotten Dante Fowler knowing that he was going to be an imperfect solution to an imperfect problem, but it's one that going into two thousand nineteen brands probably have to spend more capital than they have going back for five years, and it's interesting too. Because you know, you're gonna get the slide Donald's way why eighty percent of the time the other guys gotta come through with her one on one match ups. You see that a lot with with Fletcher Cox to get the slide. They'll try to chip brand grammar something that nature, and then you end up with Michael Bennett kicked inside on guard. And it's and it's lights out. So. Some are situations with with the Rams, and I laugh that the matchup between Aaron Donald and three would like put a linebacker to mug the gap. The kind of influence that center and get errand Donald one on one with guy like Isaac see Amal who struggles with functional strength if he can play. I was just going to ask because I thought he is on the injury report is he gonna go I have no idea at this point to knows what what's going on number one with this medical staff. Obviously that's been story today. But never two. I'm not sure if he's going to play or not actually have to look that up on the update, maybe I'll update that when we come into when when I do the intro later on recording this on a Thursday night. So something to follow up on because if not it's Stephen was new ski who I would say has similar struggles as well. And you look alike Jason Kelsey who is a fantastic technician. A really athlete, but he will give up some ground to some stronger guys all along the interior..

Aaron Donald Rams EBA Trubisky Fletcher Cox Amal NFL Jason Kelsey football Stephen technician Michael Bennett Wentz Dante Fowler Isaac seventeen minutes eighty percent five years
"eba" Discussed on CNBC's Fast Money

CNBC's Fast Money

03:01 min | 1 year ago

"eba" Discussed on CNBC's Fast Money

"Teen percent of companies in the SNP can't service their debt with the next three years EBA, not pay off their debt can't service their debt. So we're going to see a lot of defaults just like two thousand two with Enron WorldCom. And I think it's gonna get ugly fourteen percent of the companies in the s&p five hundred cancer vis their debt with three years. Viva three years. Of EBA crazy zombie companies. And that's project. I mean is that enough debt though, in the whole world of of debt, we make an impact we've never had this level of Zomba vacation. We had six percent. Eight percent back in two thousand two thousand eight never had fourteen. It's bad one third of companies in the Russell two thousand don't make money. What's stress scenario? Do you run in order to project out the three years of EIB? Don, we'll know those results. Well, those. Those are the company's own forecast of their okay run rate EBA. So. I can't talk specifically about any of those individual companies. But the key now is that we're in a situation where economic growth is clearly slowing global trade is falling off a cliff. We know three things we know global trade drives global prophets global prophets drives global stock prices. And we have an administration that believes that terrorists. And trade wars are bullish. I got two words Smoot Hawley. And it's been a long time since we thought trade wars were bullish we thought so in the nineteen thirties. It turned a garden variety recession into the great depression. I don't think we're going into great depression. I do think we're gonna have a garden variety recession. And I think that means equity prices are too high. I don't think the feds actually gonna pause defense going to keep raising to get rates normalized reload the gun, and I think all of that kind of comes together to be a really bad environment for risk essence, some you're talking about the next twelve to eighteen. It sounds like which is fine. We're talking about probably the next twelve days, which is also fine so quickly. If there was a some sort of a cord or some sort of handshake moment from this meeting at the twenty what does that mean in your opinion rallies happen in the market? You're talking just what you guys were describing a big short-covering rally is clearly possible. There's a lot of short interest out there, particularly in some of the really bad names that have gone down a lot people are piling on. So I don't disagree with that at all and seasonally. This time of year is actually pretty interesting for that. Because what happens is back in nineteen Eighty-six. They changed the laws. They used to be the end of the year is the end of the year. We had the January effect people would sell at the December. And they buy back in January that got changed October thirty first so I'll mutual funds big funds have to sell by two over thirty first. So they usually sell back to over fifteen fifteenth or so after November fifteenth they can buy back to avoid wash sale rules. So now that Jan. Effect is happening December. So I agree there's risk of little melt-up here. So Mark your scenario plays out over the next two years..

EBA Enron WorldCom Smoot Hawley EIB Zomba Russell Don three years fourteen percent Eight percent six percent twelve days two years
"eba" Discussed on The Diane Rehm Show

The Diane Rehm Show

04:03 min | 1 year ago

"eba" Discussed on The Diane Rehm Show

"The rest of my conversation with EBA Chen. Tell me about how you have pioneered and being part of so many changes in the fashion industry's it's gone along alive. Few years. I think that the fashion industry has changed so much in the last like I would say decade. I remember when I started out in magazines, magazines, were very one way conversation, you would help produce a magazine it would show up in someone's mailbox if some. Wanted to interact with the magazine they could write a letter to editor. Right. Who knows that the editor would ever get it? Or what would happen to that letter? And now in two thousand eighteen because of platforms like Instagram and Facebook, if a magazine puts out an editorial, and it's a cover immediately people can say, oh my gosh. I love Serena Williams like this cover so powerful. It moves me and people can see instant feedback. And I think in that sense fashion has become so much more democratic it's become more accessible and a gala -tarian. And now so many of the young designers that I speak to their inspired by real people. Whether it's people on the street or people they find on Instagram, you have houses like Gucci, for instance, that they are working with artists who no one had ever heard of before. But Gucci found them through Instagram because they were looking for young artists to work with. And so I do think in that way. I think one of the most amazing things especially about the American spirit is that it's a very entrepeneurship spirit. Right. The American people, and I am the product of the American dream my parent, as are you, you know, parents moving here in pioneering and wanting to strive for more. And I think one of the great things about this age, we live in now is that if someone has an idea, and they have a business idea, and they have a very strong editorial voice in a strong brand image on Instagram or on Facebook. They can build a whole brand for themselves just by sheer force of will and having conversations with their followers. So I think it's a really exciting time for so what does it mean that you have created he brand for your sales for me? Oh, gosh. I think that even when I was a magazine editor there's lucky at lucky at teen vogue, which is a little sister to vogue, and also I was at L magazine. And I would say that there's a very stereotypical image of a fashion editor magazine. Editor will put it that way, which tends to be little cool little aloof, not quite so friendly. And it was funny because I remember being in my early twenties. And when everyone's in their early twenties the question is who am I how should I be? And I remember thinking gosh, I don't know if I fit in with all these super cool super aloof super, you know, too cool for school editors, and I always was like, well, I think of myself I like to be nice to people. And I think that for me, my brand just kind has always kind of it's weird to talk about yourself as a brand. But I think it's always been that. I'm just the nice normal, hopefully editor grounded, hopefully, and so that's kind of what I became known for especially when I worked at teen vogue, which is like the little sister to vogue that I was just the friendly magazine editor and now, I think it Instagram. I think it's helped that the fashion industry has turned nicer, and it's a little bit more. It's more supportive, and it's more about teamwork versus just. Just one vision. And I think that's hopefully into my favor. What use he perhaps to those who would argue that the fashion industry is aimed really at those who can afford only the best. I think that fashion is a moving target these days, and it's also a really interesting time because I remember three years ago when Chanel when Carlaw grefell.

editor Instagram teen vogue Gucci EBA Chen Facebook Serena Williams L magazine Chanel Carlaw grefell three years
"eba" Discussed on SOBRadio Show

SOBRadio Show

02:00 min | 1 year ago

"eba" Discussed on SOBRadio Show

"It is the most important thing I've ever done and. So I became very depressed. And I cried and cried and cried couldn't stop crying. I would cry all the way to work, and then I would get to work, and I would turn my car off. And I would turn my tears off. I'd go in and I've work I think I was about half catatonic. And then I would leave an as soon as I turned the car back on here come the tears of him, and it was just miserable. And I I was I was just making everybody around me miserable. And I I finally decided that everybody would be better off. I wasn't around. And so. Yeah. It was really it was very depressed. I mean, depression is a is not a fun thing to go through. And it's something that really distorts your reality. So when you hear about somebody committing suicide, you just have to know that they were in such a bad place that they couldn't see the truth. They couldn't see reality as it is because I love my children more than anything. And and to think that I was thinking that it would be better for them. If I wasn't around, you know, headed in a bad place. So anyway, I was going to drive off a cliff. I drove up to the mountains. And I knew exactly where I could drive off when there was no guard rail, and and I could slide off look like an accident because I used to be a racecar driver. And I knew how to make things look certain way. And as I was on my way down that particular curve where I was going to drive off where I was going to slide off. I heard a voice, and the voice said EBA don't do this. You're sick is like you've got the flu you'll get over it stopped the car, and I was a good driver. So I was able to stop the car, and then I woke up to what I'd almost done. And I was just hysterical..

EBA flu
Wynn Resorts Misses Q3 Earnings Estimates

CNBC's Fast Money

01:44 min | 1 year ago

Wynn Resorts Misses Q3 Earnings Estimates

"Welcome back to fast money. We got an earnings alert on win resorts. As Wall Street is weighing in on the company's report. Let's get to Contessa brewer headquarters. I can definitely Melissa shares plummeted during the earnings call with Wynn resorts have fresh off a strong third quarter. Macau CEO mathematics through some cold water on expectations for the fourth quarter. Maddox expects the end of the year to be softer on the high end. And the majority of EBA comes from the premium end of the market and right now, they're seeing a slowdown in VIP and premium business that a contraction of confidence as it was labeled on the earnings call and it's being felt even in Las Vegas where the Bacharach revenues declined Matic says he's remaining cautious until there's more clarity around. What is happening with Asia and the premium business there Harry Curtis from incident says most investors have felt the market was stable and not contracting. So the assessment that it's softened somewhat is a surprise Curtis also blames that after hours market drop, a stock drop on muddy messaging on cap ex though Maddux talked about generating free cash flow when they open Boston and eight months. Then he went on to highlight all the investments they're going to make in Macau building up the seven acre parcel next to win palace, adding thirteen hundred suites all suite rooms with its concession up for renewal in twenty twenty two here. The companies just highlighting the unique ways it's contributing to Macau, but in Las Vegas Maddox went on to pull away from founder Steve winds grand plan for paradise park that lagoon or as Maddox called it a large public swimming pool on the Las Vegas strip. That's history and its place a revive golf course expanded convention facilities, and these ideas for thirty eight acre parcel directly on the strip at. This has been a rough week Melissa down to ninety four bucks. Recovered at one thousand today and in the after hours trading back down again again to about one hundred seven so we'll rough ride. Yeah.

Maddox Las Vegas Macau Harry Curtis Melissa Contessa Brewer Wynn Resorts Maddux Asia Matic CEO EBA Bacharach Steve Winds Boston Founder Thirty Eight Acre Eight Months Seven Acre
Mexico's president-elect stuck on plane for hours after commercial flight grounded

Monocle 24: The Monocle Daily

00:36 sec | 1 year ago

Mexico's president-elect stuck on plane for hours after commercial flight grounded

"And cracking down is is really a plays well into with their relationship with China under Xi Jinping as well. EBA sixty one which is very far from an old man obviously, but that makes him old enough that he would've had fairly decent memories of the Vietnam war, which would have ended when he was a teenager is there now a generational divide in Vietnam and a significant shift in attitudes between generations of those remember that period and those who don't ovarian much very much in on. So yes, the

Vietnam EBA Xi Jinping China
"eba" Discussed on The Smart Passive Income

The Smart Passive Income

02:08 min | 2 years ago

"eba" Discussed on The Smart Passive Income

"It's easy to call up your broker and to say for man, what's going on and to believe everything they're saying and you should listen. But the bottom line is as with everything and business, your alternately responsible for how this goes. And part of the reason I wrote the book is trying to tell the stories of these entrepreneurs and say, look like, you're going to have to live with this for the rest of your life. So it's, you have to take responsibility and have some enthusiasm for this project. Even if the reason you got into it in the first place was because you're sick of running your business. Yeah, what what's the name of the book? So the name of the book is called before the exit thought experiments entrepeneurship and I recommend people thinking with the exit in mind. As their starting considering what kind of business they wanna get into. And. Let me play devil's advocate there there there. There's going to be people out there who are like, isn't it bad to think about exiting when you're starting a business too? Aren't you setting yourself up for success or for failure? Like does that mean like you're not gonna put your all into it because you're already out of it. What commonly the advice that follows is when people say, you know, consider your your business with the end in mind is they'll say things like mixture, you build processes, make sure you're not baked into the business, you know, make sure your EBA or your net profit is maximized so that it's like all that stuff is such a small percentage of this. Actually, I think we are businesses are more important to us than we often realise they're not just a way that we earn a living. It's not just how we pay the bills. Like these are identities, our sense of service, our community, our team, our tribe, and sometimes we, we throw the baby out with the bathwater when we say, oh, it's just a, it's just a way that I pay the bills. It's much more than that. And so in that sense, Pat. I think we ought to consider our values and what we're building from day one. So for sure let why don't we look at some of these thought experiments, and maybe we could. You could see if it it might be worth considering afterwards. Yeah, let's go into it. Okay. So the first one is called the lifestyle ladder. So you could pull out a sheet and you can construct. What are the meaningful.

EBA Pat
Aspirin, America and Carol Shero discussed on World News Tonight with David Muir

World News Tonight with David Muir

02:12 min | 2 years ago

Aspirin, America and Carol Shero discussed on World News Tonight with David Muir

"We're gonna turn next tonight to a doctor's instincts kicking in while watching hdtv what that surgeon noticed on a woman's neck than reaching out to find her here's eba pilgrim my name is nicole that's nicole mcginnis featured on a recent episode of hdtv's beachfront bargain hunt the thirty one year old was celebrating the end of brain cancer treatment starting a new chapter with a beach house in north carolina wow but one of those viewers dr eric void quickly spotted something a notice that she had a lump in her neck so he turned a facebook to find her recommend she get a sonogram in a biopsy within days this post reaching nicole who went to the doctor and learned she had thyroid cancer doctor boy saw this and run it's mansion and now will be treated for it and it's not the first time in eagleeyed hdtv viewer noticed something and took action in two thousand thirteen a nurse spotted a lump on the neck of tervell mussa stora flipper flop she reached out to el moussa who was diagnosed and successfully treated for cancer aspirin ecole she's optima stick it's just a miracle in my opinion that he happened to see this on television at can't express how grateful and thankful i am david tonight nicole is busy planning her treatment with her doctors and is staying in touch with dr voight david exit doctors eva thank you to be mix of other news tonight the deadly building collapse in philadelphia authorities say construction worker was killed when part of the building came down a second worker escaping the building was being demolished at the time new developments from springfield massachusetts tonight authorities now identifying the bodies of three women found at that home linked to kidnapping suspect stewart weld and all three are women who had been reported missing from the area the case broke wide open when police were called to the home by wellman's own mother the little league scare and sanford maine carol shero in court today now charged with manslaughter she's accused of driving or car out of that field of thorns as she struck and killed a grandfather the judge ordering a mental health evaluation funny tonight here america strong the fourth grader you could barely see him over the piano but everyone could hear that voice.

Aspirin America Carol Shero Maine Sanford Stewart Weld Kidnapping Springfield Philadelphia Dr Voight David El Moussa Thyroid Cancer Dr Eric Void Brain Cancer Nicole Mcginnis Wellman Massachusetts Facebook North Carolina
"eba" Discussed on KOMO

KOMO

01:46 min | 2 years ago

"eba" Discussed on KOMO

"Promised to watch over that abc's eba pilgrim focus on the white house attorneys general from a number of states suing the trump administration over the decision to include a question about citizenship status in the upcoming census california ag heavier sarah says it's illegal white house spokeswoman sarah sanders purposes to determine individuals that are here also helps to comply with the voting rights act she says the decision to include a citizenship question the twenty twenty cents as was made at the department level and not by the administration but the white house supports it the administration may be getting creative in funding the border wall it was president trump's signature line who's gonna pay for the wall mexico is going to pay for the wall sources tell abc news that behind closed doors the president has suggested that funding for his border wall should come not from mexico but rather from the us military abc's cecilia vega richard cantu abc news komo aaa traffic every ten minutes on the fours at eleven twenty four with john nelson who is still have an accident blocking two lanes northbound auburn way north right around seventeenth street southeast also watch out for a stall vehicle blocking the right lane eastbound highway eighteen attacker mountain's summit looking at our maps amc instill some slow traffic from the west seattle bridge and northbound i five through the convention center southbound i five struggling approaching lake city way both floating bridges wide open right now across lake washington and this report is brought to you by sprint get the new samsung galaxy s nine or s nine plus right now at sprint and upgrade to the newest galaxy every year with her exclusive galaxy forever visit sprint dot com slash galaxy upgrade.

abc white house trump mexico president cecilia vega richard cantu john nelson attacker mountain west seattle bridge lake washington sprint california sarah sanders samsung ten minutes
"eba" Discussed on KBNP AM 1410

KBNP AM 1410

01:54 min | 2 years ago

"eba" Discussed on KBNP AM 1410

"Never plan and it just snowballed from there and we know that their holiday quarter the fourth quarter was terrible the base like got basically earned half the eba they expected and that just increased mortaza funders and they decided to pull the plug this is going to be a textbook case and i know that we're going to talk to you more about it in the future thanks very much matt townsend he's global business reporter for bloomberg news you can follow matt on twitter at matt underscore a townsend phil brent i just want you to stay with us for a little bit longer because of course another bankruptcy iheart media give us an update there and what are their future prospects sure you know this is a very different story i think much of the drama and squabbling has actually been done before it filed for bankruptcy i've been following this for two years and you know they have they've filed with a restructuring support agreement a term sheet the support of a class that represents thirteen billion of the fifteen point five billion dollars of debt that they're looking to restructure so i think it should be on a pretty clean path to getting out of bankruptcy and you know what's interesting is you have this massive radio business in this massive outdoor business both of which will ultimately be changing ownership which bought this you know pre great recession are are now looking at you know getting much i they do on some of the data they'll on a smaller stake here but ultimately it'll be the creditors who will on both sides of this business although this is hardly a model for what private equity ought to do with a company.

matt townsend twitter bloomberg five billion dollars two years
"eba" Discussed on Good Seats Still Available

Good Seats Still Available

02:07 min | 2 years ago

"eba" Discussed on Good Seats Still Available

"The championships followed by regional intent was to do something on all the ap hey seasons but uh i'm got four hundred pages on the formation of the franchise and the first two seasons alone uh a lotta biographical information uh in four win there as well on the some of the character so those first two teams so it's been well received had been very gratified by the response i'm getting to it it's available on amazoncom on barnes and noble dot com it is available uh at book stores throughout the state of indiana uh whether that's a barnes and noble or one of the others so it's not difficult to find and i think anybody who's a fan of the not just the pacers but the eba would enjoy it and even beyond that i think uh it's just kind of a it's a human story of uh people uh coming together to make something happen um the the heartbreak enjoyed that goes into being a professional athlete and all the crazy things that can happen in and uh so hopefully would be an enjoyable read for anybody who said basketball fan in broadly uh your website and and other things that you have done and are doing as well oh yeah mark cheap dot com all right i have for information about the book there i have the entirety of another broker road called passion play oversee both deke might in 1988 that was an inside look at produce basketball season i was given total access to that program going to coach meeting sitting on the bench during games being in the locker room that book is in expanded form on my website a lot of the articles i've written on former pacers and other people over the years i also had a radio program for six years are called oneonone which i interviewed for an hour uh kind of like what you're doing now uh aired on the radio uh different sports personalities including many aba people uh many former pacer so that's all on their on my website mark montes dot com and i do want to do uh a couple more books and want to do so.

barnes indiana pacers eba basketball six years
"eba" Discussed on Think Again

Think Again

02:04 min | 2 years ago

"eba" Discussed on Think Again

"And you have to wonder like you know did do the people that tell these stories about the eba gogo did they tell them because some word deepen the past so far back that it's foggy it's it's not anchored in reality more somewhere somebody actually had an experience in past it on and then it got past on and you know the telephone game with elvis sudden it's this mythical god race of people that live in the woods and no maybe it was actually you know final remnant of an old branch of you know the human evolutionary tree it's it's really and i i think there's something really like really profound and really beautiful and really powerful about about that at you know we do focus a lot on on trying to get the facts right and that's really really important as you said earlier but there's also something really i think profound and beautiful and powerful about the kind of slippery metaphorical ways that human thought and memory works and the way that like these kind of connections you know evolve and mutate absolutely i don't know if this is if this is a and annoying question but like are there in late seemingly infinite number of these stories like do you have tours upon jurors like howard yard people sending you stories at this point do of lake more than you could tell in a lifetime i you know i have i have a very long list of topics that i want to cover if i if i didn't bump into anything new and i kept at it i'd probably go into the middle of 2020 you know so and other gathered a years worth of material there's there's a lot out there i get emails all the time from listeners i don't i don't read suggestions i those tend to get trashed i you know for whatever reasons i so audience don't don't said don't don't they lose aaron realities does i may know i can't tell you how many times somebody's emailed me and said hey you got it you've got to do an episode right like i i had an episode storyteller you've got to do an episode on on this forest hand where people go and kill themselves.

elvis eba howard aaron