CAA Promotes Three To Agent In Motion Picture Literary Department
Watch live: New York's Cuomo holds a briefing on Covid pandemic with Biden's equity task force
[The stream is slated to start at 11:45 a.m. ET. Please refresh the page if you do not see a player above at that time.]
New York Gov. Andrew Cuomo is scheduled to hold a press briefing Wednesday on the coronavirus pandemic alongside members of President Joe Biden's Covid-19 equity task force.
Rev. Al Sharpton, National Urban League President Marc Morial and NAACP CEO Derrick Johnson are also scheduled to join Cuomo and the equity task force at the briefing, according to a statement from the governor's office.
The state will soon open up vaccine eligibility to people with underlying health conditions, such as cancer and diabetes, beginning next week. On Tuesday, Biden's equity task force announced the administration will begin sending doses directly to community health centers next week to expand outreach to traditionally underserved communities.
New York City opened a mass vaccination site at Citi Field for residents of Queens and other essential workers on Wednesday. The site's opening, which had been delayed because of a lack of doses, comes just days after another mass site at the Yankee's Stadium in the Bronx opened for residents there.
Read CNBC's live updates to see the latest news on the Covid-19 outbreak.
Record Highs at Alphabet Make a Hard Case for Short Sellers
Alphabet Inc. (NASDAQ: GOOGL) ranks as the fourth-largest company in the world, with a market cap of $1.43 trillion. It is in an elite club with the likes of Apple, Microsoft and Amazon, all with market caps over $1 trillion. However, its short interest hardly compares to most of these big names.
For the most recent settlement date, Apple’s short interest came in at 91.86 million, and 44.53 million Microsoft shares were short. The shares short on Amazon were much lower at 3.32 million. Again, Alphabet’s short interest fell below this whole group.
Alphabet’s short interest for the January 29 settlement was 2.85 million shares, up from 2.46 million on the prior settlement date. Note that this compares with the 2.99 million shares short reported in the same period of last year.
In the past 52 weeks, the stock has outperformed the broad markets, with shares up about 38%. Year to date, the stock is up only 18%.
Alphabet has a daily average trading volume of 1.69 million shares traded, so it would take short sellers about 1.24 days to cover their positions.
The company recently reported its fourth-quarter financial results that helped to push shares to all-time highs. This is definitely making a hard case for short sellers. During the most recent quarter, revenues were driven by Search and YouTube, as consumer and business activity recovered from earlier in the year.
Alphabet stock traded at $2,055.65 on Tuesday, in a 52-week range of $1,008.87 to $2,115.00. The consensus price target is $2,279.27.
Aldi plans to add 100 new stores in the U.S. and expand curbside pickup
- Aldi expects to open 100 new U.S. stores this year.
- The grocer will also expand its curbside pickup service to 500 additional stores.
- Aldi said it will focus on adding new locations in Arizona, California, Florida and the Northeast.
The German supermarket chain Aldi said Wednesday it plans to open up about 100 new stores in the U.S. and extend its curbside pickup service to 500 additional stores by the end of the year.
The company said it will focus on adding new locations in Arizona, California, Florida and the Northeast.
Aldi's expansion of curbside pickup will make the service available at more than 1,200 stores, the company said. It still plans to offer grocery delivery through Instacart from most of its stores.
Curbside pickup has become a popular service during the coronavirus pandemic, as shoppers looked to avoid going inside stores during the health crisis. Retailers expect consumers to continue to seek out this option even as Covid cases subside because it makes shopping more convienent.
The supermarket chain, which has more than 2,000 stores in 37 states, will also construct a regional headquarters and distribution center in Loxley, Alabama to support the Gulf Coast region. This facility will allow Aldi to open up to 35 new stores in the Gulf Coast region, with the first two slated to open in Tallahassee, Florida later this year.
Interstate 76 closed due to fiery crash near Brush Tuesday
Interstate 76 has been closed in each direction near Brush Tuesday morning.
According to the Colorado Department of Transportation, a fiery crash with a semi-truck rolling over has forced a closure.
There is no estimated time of reopening.
— CSP Sterling (@CSP_Sterling) February 9, 2021
The crash occurred after midnight.
The mileposts I-76 is closed between is markers 90 and 92.
Tee Off with the Only Disabled Professional Golfer in West Africa
When Cameroonian golf champion Issa Nlareb Amang lost his legs and most of his fingers to meningitis in 2018, many thought his life in the sport was over. But, thanks to donors, he was able to get prosthetics that allowed him to return to the game.
CAA Promotes Three To Agent In Motion Picture Literary Department
CAA has upped Bryant Barile, Albert Lee, and Stephanie Smalling to Agents in its industry-leading Motion Picture Literary department.
“Bryant, Albert, and Stephanie have long been contributing to the success of the department, consistently demonstrating an exceptional taste level, a passion for delivering best-in-class client service, and a commitment to the agency’s culture of collaboration,” said Dan Rabinow and Ida Ziniti, Co-Heads of CAA’s Motion Picture Literary department. “They have each built their career at CAA and we are deeply gratified to be a part of their continued growth.”
The trio is based in CAA’s Los Angeles office and will report in to Rabinow and Ziniti.
