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Read previewUpdate: After this article was published, Paramount Global confirmed to Business Insider that the company had sold VidCon to Informa. Paramount Global is selling its creator conference VidCon to the UK media and events company Informa, according to two people familiar with the matter. They spoke to Business Insider on the condition of anonymity as they were not allowed to discuss details around the deal. Adding VidCon, which centers on social-media stars rather than Hollywood and comic-book talent, could help broaden the fan base and advertiser roster of its events business. BI was unable to learn the terms of the VidCon deal between Paramount and Informa.

Persons: —, VidCon, Informa, YouTubers Hank, John Green, São Paulo, Green, lanyards, Phillips, Adweek, David Ellison's Organizations: Service, Paramount Global, Business, Toronto Comicon, Cannes Lions, Paramount, Viacom, SXSW, Disney, Media, BI Locations: Anaheim , California, Baltimore, Mexico City, Anaheim

☆ As New Jersey Bakes, Some Towns Ask Residents to Reduce Water Use
▼ + stars: | 2024-06-23 | by ( Erin Nolan | Mark Bonamo | ) www.nytimes.com time to read: +1 min

The intense and unusually early heat wave that has blanketed much of the Northeast for the past week continued on Sunday to scorch New Jersey, where excessive heat warnings or heat advisories were in effect in most of the state, according to the National Weather Service. Temperatures throughout the region were more than 10 degrees above average on Sunday, according to Joe DeSilva, a meteorologist with the Weather Service. Trenton, the state capital, reached 98 degrees — just two degrees shy of the city’s hottest recorded temperature, last logged in 1952, he said. The worst of the sweltering heat should be over by Sunday evening, Mr. DeSilva said, though temperatures were expected to remain in the 80s in the coming week. Pet owners should also monitor their animals for signs of overheating, such as excessive panting, drooling and lethargy, officials said.

Persons: Joe DeSilva, DeSilva Organizations: National Weather Service, Weather Service, Sunday Locations: scorch New Jersey, Trenton

NEW YORK (AP) — Tim Dorsey, a former police and courts newspaper reporter who found lasting fame as the creator of the crime-comedy novel series starring Serge A. Storms, an energetic fan of Florida history and an ingenious serial killer, has died. Dorsey, who published 26 novels, died Sunday, according to Danielle Bartlett, a publicity director at William Morrow, an imprint of HarperCollins. Fans of Dorsey appreciated his clever observations and satirical pokes at the weirdness of Florida. He was part of a trio of former newspapermen from Florida — including Dave Barry and Carl Hiaasen — who found a rich vein of absurdist humor in the state. “It was a privilege and honor to work with Tim Dorsey.

Persons: — Tim Dorsey, Serge A, Dorsey, Danielle Bartlett, William Morrow, Dave Barry, Carl Hiaasen —, Tim Dorsey, Serge, Storms, Emily Krump, Coleman, Florida grifters, ”, “, ’ ”, Bruce DeSilva, Kurt Vonnegut, hasn’t, ” Dorsey, ___ Mark Kennedy Organizations: HarperCollins, Maltese, Torino, The Associated Press, “, Auburn University, The Alabama, The Tampa Tribune Locations: Florida, Tabasco, Indiana, Tribune’s Tallahassee

Tuesday started with Nvidia getting more praise from one analyst, and a battery stock downgrade. She has a price target of $40 on shares, which suggests 20.3% upside potential from where shares closed on Monday. The firm initiated the stock with a buy rating and $125 price target, which suggests 7% upside from Monday's close. "3Q brings a narrative change in FREY's outlook with new risks to tech, strategy and funding that's been appropriately discounted by the stock market. He also slashed his price target to $2 from $13, which suggests 14.3% upside from Monday's close.

Persons: Tuesday, Morgan Stanley, Freyr, Paul Matteis, Matteis, Vistagen, — Hakyung Kim, BeautyHealth, Allen Gong, Gong, Benjamin Soff, Soff, Bernstein, Kraft Heinz, Alexia Howard, Howard, Miguel Patricio, Roth, Suji Desilva, Desilva, Morgan Stanley downgrades Freyr Battery Morgan Stanley isn't, that's, FREY, Adam Jonas, Jonas, Vivek Arya, — Fred Imbert Organizations: CNBC, Nvidia, Bank of America, Therapeutics Biotechnology, Vistagen Therapeutics, JPMorgan, Deutsche Bank, Rockstar, Kraft, Kraft Heinz, AMD, Investment, Freyr's, Nvidia Bank of America Locations: U.S, Monday's, Freyr's Norwegian

☆ This play on the booming space economy could more than triple, says Roth MKM
▼ + stars: | 2023-09-13 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Redwire shares are set for takeoff, according to Roth MKM. Managing director Suji Desilva initiated research coverage of the space stock with a buy rating. The Jacksonville, Florida-based company is helping to enable integrated space missions, further space exploration and offer support for multinational missions. After multiple quarters of organic growth and EBITDA profitability, Desilva said Redwire should now see steady growth. Roth MKM's $10 share price target reflects an enterprise-value-to-sales multiple of 2.5 times, lower than peers' 3.0 times owing to Redwire's early-stage status.

Persons: Roth MKM, Suji Desilva, Desilva, Redwire, Roth, — CNBC's Michael Bloom Locations: Jacksonville , Florida

☆ Lower Manhattan for Less Than $500,000? A Young Couple Knew They’d Need to Compromise.
▼ + stars: | 2023-08-31 | by ( Joyce Cohen | ) www.nytimes.com time to read: +2 min

Email: thehunt@nytimes.com]The couple contacted Matt DeSilva, an associate broker with Corcoran, whom Ms. Colley had met a few years before when she had a side hustle drawing floor plans for real estate agents. Mr. Mazumder, who is from Cleveland and has a Ph.D. in government from Harvard, is a writer and a cook. The couple, both 30, focused on co-ops priced up to $500,000, to translate into a monthly outlay of less than $3,000. “A lot of the time, the lower somebody’s budget, the higher their expectations.”Although Ms. Colley was happy to stay in her old stomping ground, Lower Manhattan won out. “I’ve been pretty used to not having those things,” Mr. Mazumder said.

Persons: Emma Colley, Shom Mazumder, Colley, ”, “, Matt DeSilva, Corcoran, Mazumder, Mr, DeSilva, I’ve Organizations: Pratt Institute, HGTV, Harvard University, Mr, Harvard, Lower Manhattan Locations: Boston, New York City, Clinton Hill, Bedford, Stuyvesant , Brooklyn, Rochester , N.Y, Cleveland, Lower

☆ Wall Street praises Rocket Lab's performance and sees stock climbing: 'Yet another strong quarter'
▼ + stars: | 2023-08-09 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +3 min

Wall Street was largely effusive about Rocket Lab's execution and growth, as analysts reacted to the space company's second-quarter results from Tuesday. Rocket Lab stock slid about 4% in early trading on Wednesday, after rising as much as 10% in premarket, from its previous close at $6.66 a share. Here's what analysts had to say about Rocket Lab's performance. Morgan Stanley — Overweight, $10 price target The firm's Kristine Liwag believes Rocket Lab stock "still has room to run" despite climbing about 70% so far this year. Roth Capital – Buy, $10 price target Analyst Suji Desilva also emphasized Rocket Lab's "steady launch execution" and expansion toward becoming an "end-to-end vendor" in the space market.

Persons: Ron Epstein, Epstein, Edison Yu, Morgan Stanley —, Kristine Liwag, Liwag, Stifel, Erik Rasmussen, Rasmussen, Roth, Suji Desilva, Jason Gursky, Gursky, Michael Bloom Organizations: Rocket, Bank of America, Deutsche, Citi Locations: premarket, U.S

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