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A "Hollywood ending" for Herc has been postponed, according to Bank America. Analyst Sherif El-Sabbahy double-downgraded shares to underperform from buy, citing the near-term impact from the ongoing writers and actors strike in Hollywood. Herc rents out equipment such as forklifts, generators and light towers companies across different industries, including entertainment. We expect the impact in Q2 will be notably higher, given work stoppages driven by the writers' (and now actors) strike." The stock is up 8.1% in 2023 as shares rallied more than 38% over the past 12 months.

Persons: Herc, Sherif El, Sabbahy, — CNBC's Michael Bloom Organizations: Bank America Locations: Hollywood

☆ Stocks making the biggest moves midday: Scholastic, AutoNation, Herc, American Express and more
▼ + stars: | 2023-07-21 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

American Express — Shares slipped about 4% after the company reported second-quarter revenue of $15.05 billion, falling short of the $15.48 billion expected from analysts polled by Refinitiv. The car dealer company reported second-quarter results that exceeded expectations on the top and bottom lines. The company posted systems revenue of $392.7 million, lower than the $415.9 million, according to a consensus estimate from StreetAccount. CSX — CSX slid more than 4% after the transportation company reported disappointing second-quarter revenue. The company reported revenue of $3.7 billion, which was weaker than $3.74 billion expected by analysts polled by Refinitiv.

Persons: Herc — Herc, Sherif El, Sabbahy, AutoNation, Swift, StreetAccount, — CNBC's Michelle Fox, Alex Harring, Hakyung Kim Organizations: Scholastic, Traders, American, Refinitiv, American Express, Bank of America, Swift Transportation —, Swift Transportation, PPG, PPG Industries, Sunnova Energy, BMO Capital Markets, CSX Locations: Hollywood, U.S

☆ WTA roundup: Coco Gauff cruises into quarterfinals
▼ + stars: | 2023-06-28 | by ( ) www.reuters.com time to read: +1 min

4 Ons Jabeur was eliminated in the second round of the Rothesay International on Wednesday in Eastbourne, England. Gauff defeated Brit Jodie Burrage 6-1, 6-1 to advance to the quarterfinals, where she will play fellow American Jessica Pegula. 3 seed needed three sets to dispatch Camila Osorio 6-2, 1-6, 6-3. Jabeur was bounced in 72 minutes by unseeded Italian Camila Giorgi 6-3, 6-2. 1 Iga Swiatek of Poland cruised into the quarterfinals with a 6-3, 6-1 victory over Switzerland's Jil Teichmann in Germany.

Persons: Coco Gauff, Britain's Jodie Anna Burrage, Paul Childs, Gauff, Brit Jodie Burrage, Jessica Pegula, Camila Osorio, Jabeur, Camila Giorgi, Carolina Garcia, Ana Bogdan, Beatriz Haddad Maia, Petra Martic, Daria Kasatkina, Jelena Ostapenko, Madison Keys, Swiatek, Anna Blinkova, Leylah Fernandez, Lucia Bronzetti, Mayar Sherif, Katerina Siniakova Organizations: Eastbourne International, Lawn Tennis Club, Rothesay International, Madison, Bad, Canada, Thomson Locations: Eastbourne, Britain, Rothesay, England, Brazil, Bad Homburg, Poland, Germany, Egypt, Czech Republic

☆ Alexandria building collapse: Child among four killed
▼ + stars: | 2023-06-27 | by ( Kareem El Damanhoury | ) edition.cnn.com time to read: +2 min

CNN —At least four people, including a child, have died and four others were injured after a building collapsed in the Egyptian city of Alexandria on Monday, state newspaper Al-Ahram reported. Three victims of the collapse have been identified. So, I walked a few steps forward to find the ceiling falling along with them [my mother and brother]. I was facing the sky and they were down.”Workers put out a small fire after Monday's collapse, a live stream showed. About 7,000 old, inhabited buildings in Alexandria are at risk of collapse, Al-Ahram reported, citing a member of Egypt’s House of Representatives.

Persons: Ahram, Abdullah Mahfouz, Mostafa Othman, Hamdy El, Mohamed El Sherif, Mohamed Ahmed, “, ” Organizations: CNN, Al, Getty, ” Workers, Hazem, Egypt’s Locations: Egyptian, Alexandria, Al, Xinhua, Hazem Gouda, AFP

☆ WTA roundup: Iga Swiatek wins first grass-court match in 2023
▼ + stars: | 2023-06-26 | by ( ) www.reuters.com time to read: +2 min

June 26 - It took World No.1 Iga Swiatek a little time on Monday to acclimate to the grass under her feet in the first round of the Bad Homburg Open. Swiatek, who won the French Open on the clay courts in Paris earlier this month, won her first grass-court match of the season against 2022 Wimbledon semifinalist Tatjana Maria 5-7, 6-2, 6-0 in Bad Homburg, Germany. Swiatek has yet to win a WTA tournament on grass, and she hasn't made it past the Round of 16 on the grass courts in London. Keys was a 7-6 (4), 6-4 winner over Tereza Martincova, a lucky loser who got a spot in the main draw when fellow Czech Linda Fruhvirtova withdrew. Qualifier Camila Osorio of Colombia toppled Rogers 6-4, 6-4, and local favorite Jodie Burrage of Great Britain got past Davis 4-6, 6-4, 6-3.

Persons: acclimate, Tatjana Maria, Swiatek, hasn't, Teichmann, Claire Liu, Mayar Sherif, German Anna, Lena Friedsam, Bianca Andreescu, Varvara Gracheva, Cristian, Katerina Siniakova, Elisabetta Cocciaretto, Shelby Rogers, Lauren Davis, Keys, Tereza, Czech Linda Fruhvirtova, Camila Osorio, Jodie Burrage, Davis, Daria Kasatkina of, Anhelina Kalinina, Karolina Pliskova, Pliskova, Elise Mertens Organizations: Bad, Wimbledon, Czech Republic, Madison Keys, Rogers, Eastbourne, Belgium, Thomson Locations: Paris, Bad Homburg, Germany, London, Egypt, German, Canada, Russia, Romanian, Czech, Italy, Rothesay, Eastbourne, England, Colombia, Daria Kasatkina of Russia, Ukraine, Czech Republic

☆ Kenin moves into Rome second round with battling win, Fernandez out
▼ + stars: | 2023-05-09 | by ( ) www.reuters.com time to read: +2 min

I didn't feel a 100% but it doesn't matter, a win is a win and I'm going to take it," said Kenin, who converted seven of her 21 breakpoints. I felt tired and... after three hours I'd imagine that she was too, so I just had to battle it out." Former U.S. Open runner-up Leylah Fernandez was beaten 7-6(4) 4-6 6-3 by Aliaksandra Sasnovich, while 2019 French Open runner-up Marketa Vondrousova overcame Kaia Kanepi 6-0 4-6 6-2 in other first round matches. The 37-year-old Czech will take on world number eight Maria Sakkari in the second round. The men's tournament headlined by six-times champion Novak Djokovic and Rome debutant Carlos Alcaraz begins on Wednesday.

☆ No substitute for experience as Sabalenka rallies past Sherif
▼ + stars: | 2023-05-03 | by ( ) www.reuters.com time to read: +1 min

Sabalenka, who won her first Grand Slam title at the Australian Open this year, said the top players were able to take their opportunities by staying focused while younger players tended to overthink things. You're not going over-crazy about things. "As a top player, you understand ... you're calmer and understand things better. World number 59 Sherif will return to the top 50 next Monday after becoming the first Egyptian to reach the quarter-final of a WTA 1000 tournament. Reporting by Shrivathsa Sridhar in Bengaluru, Editing by Peter RutherfordOur Standards: The Thomson Reuters Trust Principles.

☆ Sabalenka moves into Madrid Open semis, Medvedev upset by Karatsev
▼ + stars: | 2023-05-02 | by ( ) www.reuters.com time to read: +2 min

Sabalenka was not at her best and made 37 unforced errors in the match, but the Australian Open champion bounced back midway through the second set to win 10 games in a row and take control. Sabalenka saved a set point at 5-1 but Sherif, playing in her first WTA 1000 quarter-final after beating three seeded players, served out to take the opening set. The Egyptian took the lead in the second set too before Sabalenka, who was a break down, finally found her groove to break four times and force a decider. She played unbelievable tennis, she's a claycourt specialist and I'm very happy with this win," Sabalenka said. Karatsev, ranked 121 in the world, has now beaten world number three Medvedev twice in his career with both wins coming on clay.

☆ Airstrikes, artillery fire heard in Khartoum as Sudan fighting enters third week
▼ + stars: | 2023-04-29 | by ( ) www.reuters.com time to read: +3 min

KHARTOUM, April 29 (Reuters) - The sounds of air strikes, anti-aircraft weaponry and artillery could be heard in Khartoum early on Saturday and dark smoke rose over parts of the city, as fighting in Sudan entered a third week. Fighting between the army and a rival paramilitary force continued despite the announcement of a 72-hour ceasefire extension on Friday, when strikes by air, tanks and artillery rocked Khartoum and the adjacent cities of Bahri and Ombdurman. The fighting has also reawakened a two-decade-old conflict in the western Darfur region where scores have died this week. More than 75,000 people were internally displaced within Sudan just in the first week of the fighting, according to the United Nations. The U.S. said several hundred Americans had departed Sudan by land, sea or air.

Some Arabs said they hoped the crisis would lead to Prime Minister Benjamin Netanyahu's political demise. Others expressed hope of more far-reaching consequences for Israel, which fought numerous wars with Arab adversaries after its establishment in 1948 and occupies land the Palestinians seek for a state. The sentiment was echoed by Mohammad Abdullatif in Syria, from which Israel captured the Golan Heights in a 1967 war. Gaza political analyst Talal Okal said the crisis had brought a sense of relief among Palestinians. "But there is also a fear, they may carry out military adventures or wars to escape the internal crisis."

America's biggest retailers say organized retail crime has grown into a multibillion-dollar problem, but the effectiveness of their strategies to solve it and the validity of the data overall have come into question. However, the problem isn't as clear-cut as retailers and trade groups have made it seem. External retail crime accounts for only 37% of those losses, or about $35 billion, the NRF data shows. Still, law enforcement agencies and retailers insist organized retail crime remains an issue and said they stand behind their data. We see it every day in our stores," Scott Glenn, Home Depot's vice president of asset protection, told CNBC.

☆ Top Egyptian and Turkish diplomats hold talks in Cairo amid improving ties
▼ + stars: | 2023-03-18 | by ( ) www.reuters.com time to read: +2 min

[1/2] Turkish Foreign Minister Mevlut Cavusoglu meets with his Egyptian counterpart Sameh Shoukry in Cairo, Egypt March 18, 2023. REUTERS/Mohamed Abd El GhanyCAIRO, March 18 (Reuters) - Turkey's Foreign Minister Mevlut Cavusoglu held talks with his Egyptian counterpart in Cairo on Saturday, in the first such visit after a decade of ruptured ties. Cavusoglu and Egyptian Foreign Minister Sameh Shoukry were expected to discuss a range of bilateral and international issues in a step towards restoring normal relations, according to statements from the two sides. As part of that tentative reconciliation, Ankara asked Egyptian opposition TV channels operating in Turkey to moderate their criticism of Egypt. Last month, Egyptian Foreign Minister Sameh Shoukry visited Turkey in a show of solidarity after the massive earthquakes that killed more than 50,000 people in Turkey and Syria.

At a joint news conference with his Turkish counterpart, Egyptian Foreign Minister Sameh Shoukry said talks with Turkey on the possibility of restoring ties to ambassadorial level would happen at "the appropriate time". Turkish Foreign Minister Mevlut Cavusoglu said Turkey would upgrade its diplomatic relations with Egypt to ambassador level "as soon as possible". "There is a political will and directives from the presidents of both countries when they met in Doha ... to launch the path towards a full normalisation of relations," Shoukry said. Consultations between senior foreign ministry officials in Ankara and Cairo began in 2021, amid a push by Turkey to ease tensions with Egypt, the UAE, Israel and Saudi Arabia. As part of that tentative reconciliation, Ankara asked Egyptian opposition TV channels operating in Turkey to moderate their criticism of Egypt.

In the short-term, regulators have found a solution for Silicon Valley Bank depositors and, we hope, calmed the fears of a wider run on regional banks. The much admired U.S. system for producing innovation has just received a body blow, and the turmoil that led to the death of Silicon Valley Bank isn't over. Silicon Valley Bank, founded in 1983, was born in a time when Silicon Valley was a synonym for "tech" and "innovation." SVB was the crown jewel of banks and the venture capital industry, not just in Silicon Valley, but globally. It's easy to picture these as large firms, and a tiny handful of famous venture firms have hundreds of employees.

☆ Nigerians vote for new president, braving long delays in hope of bringing change
▼ + stars: | 2023-02-26 | by ( ) www.cnbc.com time to read: +3 min

People read newspapers at a newspaper stand in Onitsha, Nigeria, on February 26, 2023 following he Nigeria presidential and general election. By the evening, some polling stations were already counting ballots, while voting was still going on at others and had not taken place elsewhere. said 23-year-old Halima Sherif, whose polling station in the northern city of Kano had not started operating by closing time. He also acknowledged the delays but said voters would be able to cast their ballots. Yakubu said at a later briefing that voting would take place on Sunday in several wards in Yenagoa that had experienced severe disruption on Saturday.

☆ American Avoids Extradition to Egypt After Release From Dubai Detention
▼ + stars: | 2022-12-29 | by ( Stephen Kalin | ) www.wsj.com time to read: 1 min

Sherif Osman and his partner, Saija Virta, in September, before Mr. Osman traveled to Dubai to see family. An American citizen who was detained in Dubai for seven weeks and faced possible extradition to his native Egypt over criticizing the government there and calling on Egyptians to protest is back home after he was freed. Sherif Osman , an Egyptian-American dual national, landed in Boston on Wednesday afternoon in what he called “a miracle” he believes was linked to high-level intervention. He was released soon after three unidentified Emirati officials visited him in Dubai’s central prison on Dec. 22, he said Thursday.

☆ Canada freezes assets of three Haitian businessmen over gang links
▼ + stars: | 2022-12-05 | by ( ) www.reuters.com time to read: +2 min

The sanctions target Gilbert Bigio, chairman of Haitian industrial conglomerate GB Group, as well as prominent business leaders Reynold Deeb and Sherif Abdallah, the government said. GB Group and the office of Haitian Prime Minister Ariel Henry did not immediately respond to requests for comment. The United States on Friday imposed sanctions on a current and a former Haitian senator, accusing the two politicians of engaging in drug trafficking activities. Policymakers in the United States and Canada have this year been increasingly vocal in discussing alleged links between gangs and economic elites. Two U.S. lawmakers in September said the United States should sanction Haitian gang leaders and the "warlords" who finance them.

☆ Fiance of U.S. citizen detained in UAE fears he will be extradited to Egypt
▼ + stars: | 2022-12-04 | by ( ) www.reuters.com time to read: +2 min

DUBAI, Dec 4 (Reuters) - An Egyptian-American national detained while visiting the United Arab Emirates fears he will be extradited to Egypt for criticising authorities there ahead of the country hosting the COP27 climate conference last month, his fiance said on Sunday. The UAE, a close ally of Egypt, arrested Sherif Osman, who resides in the United States, on Nov. 6 at the request of an Arab League entity responsible for coordinating law enforcement and security matters, a UAE official confirmed to Reuters on Thursday. The United States was aware of Osman's arrest in Dubai, a U.S. State Department spokesperson said on Thursday, and was "watching his case closely and providing appropriate consular support". Osman's fiance said she had travelled to the UAE with him to meet his sister, who lives in Dubai, and his mother who had planned to visit from Egypt. The UAE official had said the UAE "strictly adheres to all internationally accepted standards" in detention cases including regular consular access and legal council.

☆ American Arrested in Dubai at Risk of Deportation to Egypt
▼ + stars: | 2022-11-30 | by ( Stephen Kalin | Chao Deng | ) www.wsj.com time to read: 1 min

DUBAI—An American citizen arrested recently on a visit to the United Arab Emirates faces possible extradition to his native Egypt after criticizing Egyptian President Abdel Fattah Al Sisi and calling on Egyptians to protest in videos he made while living in the U.S.Sherif Osman, 46, an Egyptian-American dual national, was one of a handful of Egyptians abroad urging people to organize demonstrations during a United Nations climate summit in November held in the Egyptian beach city of Sharm El Sheikh and attended by world leaders including President Biden.

☆ Analysis: Mexico's non-bank lenders may now need bank licenses to survive
▼ + stars: | 2022-10-17 | by ( Isabel Woodford | ) www.reuters.com time to read: +4 min

During the pandemic, the non-bank institutions grew to represent 20% of Mexico's private credit market. Also known as "shadow banks," they offer everything from unsecured credit to payroll lending to Mexico's 4-to-5 million small and medium-sized businesses. Now banks are less willing to finance non-bank lenders. "Non-bank lenders will always play a role. Some nonbank lenders hope to stick with the existing business model, which emerged to tackle the country's reported $160 billion funding gap.

☆ Crypto firm 21Shares lists bitcoin ETP on Nasdaq Dubai
▼ + stars: | 2022-10-12 | by ( Yousef Saba | ) www.reuters.com time to read: +2 min

DUBAI, Oct 12 (Reuters) - Crypto investment products firm 21.co said on Wednesday its subsidiary 21Shares AG has listed a bitcoin exchange-traded product on Nasdaq Dubai, making it the Middle East's first physically-backed bitcoin ETP. The 21Shares Bitcoin ETP trades, under the ticker ABTC, in the same way as the 21Shares Bitcoin ETP in Europe, 21.co said in a statement. Register now for FREE unlimited access to Reuters.com RegisterFollowing the Dubai listing, 21Shares has 46 listed products in seven countries, 21.co added. But Sherif El-Haddad, appointed 21Shares head of Middle East in August, was upbeat, saying cryptocurrencies were "fast becoming the asset of the future for investors and wealth managers around the world". Register now for FREE unlimited access to Reuters.com RegisterReporting by Yousef Saba; editing by Barbara LewisOur Standards: The Thomson Reuters Trust Principles.

☆ Migrants said they were booked on a canceled DeSantis flight to Delaware, undercutting his claim that it was a prank
▼ + stars: | 2022-09-23 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

Migrants told the Miami Herald they signed forms to board a flight to Delaware organized by Ron DeSantis. DeSantis said the flight — to near Biden's home — was arranged and then canceled to trick the media. The cancellation came as DeSantis faced a wave of criticism over flights carrying immigrants he chartered last week from Texas to Martha's Vineyard, Massachusetts. "The entire Democrat-corporate media industrial complex swarmed Delaware today because they thought that DeSantis Air was gonna land there," she tweeted. Migrants taken to Martha's Vineyard have said they were lured onto the flights on false pretenses, and were promised benefits and job opportunities that didn't exist.

☆ Justices join debate on Supreme Court's legitimacy after abortion ruling
▼ + stars: | 2022-09-18 | by ( Lawrence Hurley | Lawrence Hurley Covers The Supreme Court For Nbc News Digital. | ) www.nbcnews.com time to read: +9 min

Chief Justice John Roberts, one of the court’s six conservatives, pushed back against some of the criticism in a recent public appearance, saying people should not question the court’s legitimacy just because they disagree with its rulings. It is important that the public think the justices are reaching decisions in good faith based on the law, Girgis said. Sotomayor said at an event in California on Thursday that “there’s going to be some question about the court’s legitimacy” if people think the justices are acting based on politics, according to a Courthouse News Service report. But I don’t understand the connection between opinions people disagree with and the legitimacy of the court,” he said. Conversely, in 1954, Southern states resisted enforcing the landmark Brown v. Board of Education ruling, which ended segregation in public schools.

Patru echipe din Moldova încep sezonul în cupele europene. Sheriff – în Liga Campionilor, altele trei – în Liga ConferințeiEchipele moldovenești își încep astăzi drumul în cupele europene, ediția 2021/2022. Este vorba despre patru echipe: Sherif Tiraspol, Petrocub Hâncești, Milsami Orhei, Sfântul Gheorghe Suruceni. Învingătoarea va accede în turul doi preliminar al Champions League, iar echipa învinsă își va continua parcursul european în turul secund preliminar al Ligii Conferințelor. Astfel, vicecampioana, Petrocub Hîncești va debuta în Liga Conferinței pe terenul echipei FK Sileks (Macedonia de Nord), de la ora 17.00.

Persons: Învingătoarea Organizations: Sheriff, Liga Campionilor, Liga, Sherif, KS, Ligii Campionilor, Champions League, Moldovei, FK Sileks, Divizia Națională, Milsami, FK Sarajevo, FK Partizani Locations: Moldova, Sherif Tiraspol, Petrocub Hâncești, Orhei, Durrës, Albania, Tiraspol, Țara Galilor, Alashkert, Armenia, Hîncești, Macedonia de Nord, Bosnia și Herțegovina, Sivasspor, Turcia, Elfsborg, Suedia, Basel, Elveția

☆ Procurorul general, acuzat că a băgat la puşcărie doi businessmeni din cauza unei datorii. Stoianoglo: "Sunt nişte infractori" (VIDEO)
▼ + stars: | 2021-01-14 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +3 min

Cei doi susțin că problemele lor au început după numirea lui Alexandr Stoianoglo la șefia Procuraturii Generale. Alexandr și Serghei Stoianoglo resping acuzațiile și spun că frații Aladov sunt niște infractori. Acesta ne-a prezentat și câteva contracte de reeșalonare a datoriilor, semnat de el și Serghei Stoianoglo. Serghei Stoianoglo respinge acuzațiile familiei Aladov și susține că a achitat datoria, iar vărul său nu are nicio atribuție. Jurnaliştii de la anticoruptie.md au adresat câteva întrebări lui Alexandr Stoianoglo legate de cazul fraților Aladov și învinuirile aduse de aceștia.

Persons: Vasile, Alexandr Stoianoglo, Serghei Stoianoglo, Alexandr, Serghei, Gheorghe Aladov Organizations: Procuratura Locations: Comrat, Tiraspol, Burlacu, Cahul, găgăuz, Jurnaliştii

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