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Oprah Winfrey first bought Weight Watchers stock in October 2015 for .5 million. Her investment is now worth more than 0 million.Not too shabby, huh? Winfrey's decision to invest in Weight Watchers nearly two and a half years ago has turned out to be a great move for her — and anyone else who bought the stock when Winfrey did and has been along for the ride ever since.Weight Watchers has pretty consistently reported earnings and sales that topped forecasts over the past few quarters, as well as big gains in subscribers. Weight Watchers did so again late Thursday, and the stock surged 5% on Friday as a result.Winfrey, who is also on the company's board and is featured in Weight Watchers ads, clearly deserves some credit for that.Weight Watchers has also benefited from its new Freestyle program, which expands the company's famous "zero points" offerings beyond fruits and vegetables to eggs, beans, chicken and seafood.CEO Mindy Grossman, who took over the top spot at Weight Watchers last year after a long stint as the head of retailer HSN, is also doing a great job convincing people that it's not just about counting calories, points and pounds.Grossman told analysts on a conference call in late February that "healthy is the new skinny," and she made a similar point after Thursday's earnings report."Our purpose is to inspire healthy habits for real life for people, families, communities, the world," Grossman said. She added that "we want to own the healthy kitchen" and "make healthy cooking accessible to everyone."That strategy is clearly working. The company has attracted more men lately because of the new Freestyle offering. Actor and writer Kevin Smith, celebrity chef Eric Greenspan and music mogul DJ Khaled are all endorsing Weight Watchers.But as the stock price of Weight Watchers has climbed, Winfrey has actually taken some of her Weight Watchers chips off the table recently.She still owns nearly 5.5 million shares. But she sold about 2 million in March at prices ranging from about to a share. She made 0 million in the process.Winfrey also donated more than 360,000 shares to her charitable organization.Investors aren't worried about the stock sales, though. Weight Watchers shares were trading around Friday and are up an astonishing 70% this year. Winfrey invested in the stock when it was trading for less than .If this whole media mogul/actress thing doesn't work out for Winfrey, it looks like she could be a top notch hedge fund manager or venture capitalist. 2541
Now that the conventions are over, what will happen next with the campaigns? RALLIES & TRAVEL TO SWING-STATESIn-person rallies in arenas do not appear to be happening this election season. While Democrats have been skeptical about them for months, President Donald Trump's team has also accepted the reality of the pandemic in recent weeks. That does not mean an end to travel however. "The one thing I can guarantee you is the president will continue to travel to these states," Marc Lotter, a longtime aide to Trump and Vice President Mike Pence, said. For now, Trump is planning on holding stops at airports, like today's visit to New Hampshire. Campaign aides also say he is open to more in-person visits to places like diners. As for the Biden campaign, they are committed to virtually campaigning -- for now. "We are keeping our supporters, our staff safe, but we are still getting the vice president’s message out to voters," TJ Tucklo told Scripps National Political Editor Joe St. George recently. However, during a virtual fundraiser on Thursday, Biden hinted about getting out to swing states after Labor Day in a responsibly way. 1155
OKLAHOMA CITY (AP) — Two former Oklahoma jail employees and their supervisor face misdemeanor charges after investigators found they played the children's song "Baby Shark" on repeat to punish inmates. Authorities say at least four inmates were forced to stand for hours with their hands cuffed behind them while the song played on a loop at a loud volume. Oklahoma County District Attorney David Prater says he would have filed a felony if that had been an option. Sheriff P.D. Taylor tells The Oklahoman that the two employees resigned during an internal investigation and the supervisor retired. 606
Norwegian Cruise Lines announced they are extending their suspension of all cruises until at least March 2021, as coronavirus cases remain high in the US and around the world.In a statement released Wednesday, Norwegian said all trips departing between January 1 and February 28 as well as “select voyages in March 2021” will be suspended. The suspension also applies to Oceania Cruises and Regent Seven Seas Cruises through March 31, 2021.“Norwegian Cruise Line Holdings Ltd. … today announces an extension of its previously announced suspension of global cruise voyages as the Company continues to work through its return to service plan to meet the requirements of the Framework for Conditional Sailing Order issued by the U.S. Centers for Disease Control and Prevention,” the statement reads.Norwegian now has the longest suspension of major cruise operators. Carnival and Royal Caribbean announced last month they would suspend voyages through January 2021. Some Carnival voyages are canceled through February.The CDC lifted a no-sail order at the end of October, however a few days later, the Cruise Lines International Association, which represents about 95 percent of cruise operators, issued a statement that they would voluntarily suspend voyages through the end of the year, at least.Then a few days before Thanksgiving, the CDC warned Americans about traveling on cruises and the potential for contracting COVID-19. This followed a positive COVID-19 case on a Bahamas-based cruise voyage in early November.When the CDC lifted their order they announced a tiered approach, which would include cruises with a select group of volunteers to test COVID-19 safety protocols before passengers would be allowed. No word on when those would begin. 1758
On July 28, we signed a Letter of Interest with Eastman Kodak. Recent allegations of wrongdoing raise serious concerns. We will not proceed any further unless these allegations are cleared.— DFCgov (@DFCgov) August 7, 2020 230