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Home Blog Page 8622

MLB News: Rays, chasing continued success, open against Tigers


Despite standing pat most of the offseason, the Tampa Bay Rays have the same hopes as they prepare to open their 26th season: Win plenty of baseball games and make the postseason.

Coming off a 2022 campaign that saw manager Kevin Cash’s squad go 86-76 in the ultra-competitive American League East, the Rays will face the Detroit Tigers in the opener on Thursday afternoon at St. Petersburg, Fla.

Third-place finishers last season, Tampa Bay earned the final AL wild-card spot but posted its worst winning percentage since 2017, primarily due to injuries.

Brandon Lowe, the Rays’ best slugger with 39 homers and 99 RBIs in 2021, went deep only eight times and drove in just 25 runs in 65 games last year.

Wander Franco, Tampa Bay’s dynamic young shortstop, played just 83 games and had six homers and 33 RBIs while batting .277. Due to constant leg injuries, he stole only eight bases.

A dominant force in 2019, hard-throwing Tyler Glasnow is currently nursing a left oblique strain after missing much of the 2021 and 2022 seasons following Tommy John surgery. Barring any setbacks, a May season debut is likely.

Shane McClanahan received his second straight Opening Day nod from Cash. The left-hander posted Cy Young Award numbers for most of 2022 (12-8, 2.54 ERA) before being derailed by a late-season shoulder injury.

“You’re always on the quest for seeing just how good you can be,” McClanahan said. “There always absolutely is room for improvement. … There’s obviously goals and achievements, but there’s no real, like, set limit or boundary to how good you can be.”

In three career starts against the Tigers, the 25-year-old is 1-2 with a 2.95 ERA. He has 17 strikeouts in 18 1/3 innings against Detroit.

Cash decided to add Josh Fleming, who struggled last season (2-5, 6.43 ERA), to the roster as the team’s fifth starter in Glasnow’s absence.

Fleming will be the third southpaw in the Rays’ rotation — joining McClanahan and Jeffrey Springs.

“(Fleming’s) a guy that really competes,” Cash stated.

Newcomer Zach Eflin basically replaces Corey Kluber, who signed with the Boston Red Sox, and the rotation is rounded out by Drew Rasmussen.

The Tigers went 66-96 last season, but there is renewed excitement as the organization has new leadership under president of baseball operations Scott Harris, who previously was an executive with the Chicago Cubs and the San Francisco Giants.

Detroit manager A.J. Hinch spent the final weekend of the Grapefruit League trying to organize his roster, primarily the pitching staff.

One rotation spot appears to be secured by Matthew Boyd, a two-time Opening Day starter for the Tigers.

The left-hander was non-tendered after the 2021 campaign due to flexor tendon surgery on his arm. He made 10 relief appearances for the Seattle Mariners last year, going 2-0 with a 1.35 ERA.

Detroit scratched Boyd on Saturday to give other hurlers an opportunity to make their case for landing a roster spot.

“Matt’s done everything that we really wanted him to do physically to get ready for the season,” Hinch said. “We need to take a look at a few people. We’re trying to prioritize how to do that while also getting ready for the season.”

Eduardo Rodriguez, who went 5-5 with a 4.05 ERA in 17 starts last year, will get the Opening Day start for the second year in a row. The lefty is 2-5 with a 5.59 ERA in 14 career appearances, all starts, against the Rays.

“It’s just another game, and I just focus on doing my job,” Rodriguez said of pitching the opener. “Just throw the ball where I want to, enjoy it and just play the game. I never think about it like, it’s ‘this’ game or it’s ‘that’ game. ‘We need this game.’ Nothing like that.”

With 507 home runs in a surefire Hall of Fame career spanning 20 years, Miguel Cabrera will play in his 2,700th game Thursday to begin his final season.

–Field Level Media

MLB News: Brewers, Cubs ready for fresh start


The Milwaukee Brewers hope to leave behind a disappointing 2022 finish and return to the postseason.

The Chicago Cubs, meanwhile, added some established contributors to their young talent, sparking optimism for 2023.

The quest for both begins Thursday, when Milwaukee ace Corbin Burnes aims to put his personal issues with the Brewers aside while facing the Cubs in Chicago.

On Aug. 1, the Brewers led the NL Central by three games when traded star closer Josh Hader. They then went 29-31 to finish 86-76 and miss the postseason for the first time since 2017.

“Each year is its own year,” star Christian Yelich, who hit a combined .243 the past three seasons, told the Brewers’ official website. “We have a great opportunity in front of us, and we’ll see what we can do with it.”

There certainly is reason to believe Milwaukee can return to prominence. Shortstop Willy Adames wants more after setting career highs for homers (31) and RBIs (98) last season, while Rowdy Tellez also recorded personal bests with 35 home runs and 89 RBIs. In addition, All-Star catcher William Contreras (20 homers in 97 games last year) was a major acquisition from the Atlanta Braves.

Milwaukee also boasts one of the majors’ best rotations after opponents hit .229 last year, the third-lowest figure in the National League.

Following his Cy Young Award-winning 2021 season, Burnes went 12-8 with a 2.94 ERA last year while setting career highs in starts (33), innings (202) and strikeouts (NL-best 243). However, after losing his arbitration case, Burnes admitted he harbors hard feelings toward the Brewers, although he won’t carry that over to his pitching.

“When I’m out on the field, I’m going to do what I do. That hasn’t changed,” the right-hander said, according to the Milwaukee Journal Sentinel.

Despite going 0-1 in three starts versus the Cubs in 2022, Burnes posted a 2.37 ERA in those games.

Chicago finished 74-88 last year, its second straight losing campaign. However, the Cubs went 10-9 against Milwaukee, including 6-4 at home.

Star catcher Willson Conteras joined the rival St. Louis Cardinals, but 28-year-old All-Star outfielder Ian Happ returns after setting career bests in RBIs (72), doubles (42) and batting (.271) while also winning his first Gold Glove. Meanwhile, 25-year-old second baseman Nico Hoerner posted 10 homers and 55 RBIs.

He will make up half of Chicago’s middle infield with Gold Glove shortstop Dansby Swanson, who signed a seven-year, $177 million deal. Meanwhile, 2019 NL MVP Cody Bellinger looks for a revival after batting a combined .203 for the Los Angeles Dodgers over the past three seasons.

Veteran newcomers Eric Hosmer, Trey Mancini, Tucker Barnhart, Jameson Taillon, Brad Boxberger and Michael Fulmer will all try to help Chicago contend for a postseason spot. However, second-year outfielder Seiya Suzuki (14 homers, .262 average in 2022) is expected to open on the injured list with a strained oblique.

“Whether the hardware is here, the championship things are here, the Gold Gloves, winning players all around. We still have to go out and prove it in 2023,” Cubs manager David Ross said, according to MLB.com.

Chicago’s Marcus Stroman takes the ball after going 6-7 with a 3.50 ERA in 25 starts last season. The right-hander allowed two runs over 20 innings to win his final three home starts.

Stroman was 1-0 with a 1.37 ERA in three starts vs. Milwaukee last season.

–Field Level Media

AMC stock surges on Amazon acquisition rumors

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Wikimedia Coolcaesar at English Wikipedia

After a rumor that the world’s largest online retailer, Amazon.com (NASDAQ: AMZN), was interested in purchasing the theater chain, shares of AMC Entertainment stock (NYSE:AMC) surged more than 18% on Tuesday, on track for their biggest increase in a month.

Jeff Bezos, the founder of Amazon, has sent his top entertainment executives and finance advisors to investigate possible acquisition plans for AMC.

AMC has a market worth of roughly $2.4 billion after its shares have increased by about 11% year to date as of Monday’s close. The movie chain has been suffering from low attendance rates as people are streaming content at home.

During the height of the Reddit-driven boom in June 2021, AMC was a well-known “meme” stock with a valuation of more than $23 billion.

The many cinemas owned by AMC would be put to a variety of uses, such as pushing Amazon Prime’s original films for award consideration, cross-selling grocery delivery, and even acting as centers for product distribution.

After Tuesday’s increase, AMC Entertainment stock (NYSE:AMC) market value was $2.6 billion; yet, over the past year, the stock has dropped by almost 72%. According to the article, Bezos might choose to do nothing in the event that the stock price keeps falling or he might act quickly in the event of bankruptcy.

Groupon Shares Attractive After 15 percent Drop Post Q4

Why Has British Intelligence Raised Northern Ireland’s Threat Level to ‘Severe’

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Photo by Spenser H on Unsplash

The threat level in Northern Ireland has been raised by Britain’s MI5 intelligence agency from ‘substantial’ to ‘severe,’ which indicates that an attack is probable. Following recent assaults on police stations and just weeks before political leaders are scheduled to assemble in the province to commemorate the 25th anniversary of a peace agreement that largely put an end to three decades of violence, the level has been raised to its second-highest category.

U.S. President Joe Biden announced this month that he had accepted an offer to travel to Northern Ireland in April. Bill and Hillary Clinton will also be present at events honoring the anniversary. Northern Ireland Secretary Chris Heaton-Harris advised the public to remain vigilant and report any concerns they may have.

 
Since MI5’s implementation in 2010, the threat level for Northern Ireland has remained at severe. In 2022, it decreased to substantial for a little over a year. The Police Service of Northern Ireland’s Chief Constable Simon Byrne promised that his officers would continue to “deliver a visible, accessible, and responsive community-focused policing service to keep people safe.”

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Officers are still occasionally targeted by small splinter groups consisting primarily of nationalist militants who are opposed to Britain’s authority over the region, even though a 1998 peace agreement largely put an end to three decades of sectarian violence in the region.

Last month, a gun assault that left an off-duty officer severely hurt was allegedly carried out by the new IRA, a much smaller organization than the Irish Republican Army, which disarmed after the Good Friday Accord was established.

The new IRA, the largest and most active dissident organization with primary bases in County Tyrone and Londonderry, admitted responsibility for the attack on him. The organization was established in 2012, and according to earlier security evaluations, it has 500 supporters, of whom 100 are reportedly ready to carry out terrorist acts. The PSNI’s Terrorism Investigation Unit reported on Tuesday that during a planned search investigation into the New IRA in Ballymagroarty in Derry, “a quantity of ammunition” had been found.

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Watch: Celebrity Demi Rose celebrates birthday with gold outfit, gold jewelry and inspirational message on web for fans

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Credit Demi Rose Instagram

Celebrity Demi Rose celebrated her 28th birthday in style. She posted photos on the web to the immense delight of her fans. But this was not all. She also posted an inspirational message along with stunning photos taken in Ibiza. The glamorous British model celebrated her birthday wearing a glitzy golden outfit that showed her curves to the fullest and a stunning headpiece.

The curvy model wore a golden corset with a plunging neckline and a see-through chain skirt, with a long slit. She had a stunning headpiece that looked like an extremely unusual tiara or crown. She wore a thin, chunky gold bangle and a ring to complete the golden effect.

Demi Rose threw a lavish party in Ibiza. The entertainment was excellent and included various live performances including acts by a fire eater, a steel drummer and a flamenco dancer, to match the Ibiza theme.

 
 
 
 
 
View this post on Instagram
 
 
 
 
 
 
 
 
 
 
 

A post shared by Demi 🌹 (@demirose)

The party included a lavish spread and the festivities continued till the early hours but Demi Rose made sure that all eyes were on her and her crown as she was the queen of the party.

Demi Rose dropped a series of photos on Instagram for her legion of fans. She added the caption “28 Happy Earth day to me!” She also added, “I had the most heavenly day. I am so grateful for the person I have become, for all the love and support in my life.”

 
 
 
 
 
View this post on Instagram
 
 
 
 
 
 
 
 
 
 
 

A post shared by Demi 🌹 (@demirose)

The British brunette loves to post photos for her enormous fan base. She wears designer outfits, lingerie, swimsuits, animal prints and more. She posts photos from her personal life as well as professional photoshoots.

Demi Rose has a curvy figure and is extremely fit. The celebrity model is particular about her fitness routine. She regularly works out in the gym with a personal trainer to maintain her figure as she models professionally as well as for social media photo dumps.

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Micron Technology Reports Worse Than Expected Q2 Results

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Micron Technology (NASDAQ:MU) reported its Q2 earnings results, which came in below the Street estimates due to weak demand in the PC and cloud markets. The company reported a loss of $1.91 per share on revenue of $3.69 billion, compared to the Street estimates of a loss of $0.66 per share on revenue of $3.74 billion.
The overall market has been tough for chipmakers like Micron, with weak demand in various end markets and elevated inventories. However, the company expects gradual improvements to the industry’s supply-demand balance as customer inventories improve.
Looking ahead to the fiscal Q3, the company anticipates a loss in the range of $1.51 to $1.65 on revenue of $3.7 billion, compared to the Street estimates of a loss of $0.92 on revenue of $3.8 billion.

Disney Shares Slightly Up as it Started First Round of Layoffs

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Disney (NYSE:DIS) shares rose around 2% on Monday following reports that the company has initiated the first phase of its previously announced plan to cut 7,000 jobs in an effort to streamline its operations and reduce costs.
While ESPN is reportedly unaffected by the initial round of layoffs, several major divisions, including Disney Parks, Disney Entertainment, Experiences and Products, and corporate, will be impacted. According to a letter from Disney Chief Executive Bob Iger, the affected employees will be notified in the next four days, with a larger round of cuts scheduled for April and the final phase beginning before summer. The company aims to save $5.5 billion in costs and turn its loss-making streaming business profitable through these measures.

APA Corporation’s Review Post Q4 Earnings

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Analysts at RBC Capital provided an update on APA Corporation (NASDAQ:APA), post Q4 results. According to the analysts, the company has among the highest potential for incremental shareholder returns (focused on buybacks) given its high free cash flow yield and upside exposure to oil prices. The company’s shares have lagged peers year-to-date, and the analysts think it is largely related to a clear direction on the Suriname assets.
Last month, the company announced its Q4/22 earnings and reiterated its previously announced 2023 capital budget target and provided the 2023 operations outlook. The $2.0-2.1 billion budget is primarily focused on the Permian, Egypt, and Suriname. Lower Q1/23 US production related to well completion timing is largely the variance to the analysts’ model in the early part of the year. Their 399 Mboe/d production forecast is below the company guidance related to their current higher commodity price outlook that causes a greater amount of tax barrels in Egypt.

Still No Upside for Starbucks Shares

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Oppenheimer analysts reiterated its Perform rating on Starbucks (NASDAQ:SBUX), but noted they are constantly searching for an opportunity to reinstate a bullish stance. After another exhaustive modeling analysis, they are unable to identify the upside to Street’s 2023/2024 EPS – a catalyst they require.
According to the analysts, management’s 2023 EPS guidance requires over 20% growth in H2/23, compared to a 6% growth in H1/23. This H2 acceleration is anticipated as China’s recovery unfolds and the Americas segment sustains double-digit EBIT growth. The consensus then assumes fiscal 2024 EPS grows by over 20%. However, the analysts still remain below consensus in 2023 and 2024. They tweak the 2023 EPS estimate to $3.37 from $3.39 and maintain their $4.00 estimate for 2024 (vs. Street’s $3.39/$4.07).

What to Expect From RH’s Upcoming Q4 Earnings?

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Analysts at Wedbush provided their outlook on RH (NYSE:RH) ahead of the upcoming Q4/22 earnings announcement on Wednesday. While the company has already indicated it expects Q4 results near the low end of its guidance range, the analysts expect that the company will point to a weak and uncertain demand environment when it provides its initial outlook for fiscal 2023, along with margin pressure from weak sales and elevated capitalized supply chain costs moving from the balance sheet to the income statement.
The analysts see more downside risk to the company compared to its competitors as its customer base skews toward higher-earning households that are seeing demand pressures from higher interest rates, a weakening luxury housing market, ongoing banking concerns, and a volatile stock market.
The analyst said they remain comfortable with their 2023 forecast calling for an 8% year-over-year revenue decline, compared to the consensus of a 4% decline. They expect 2023 EPS to be $16.23, compared to the consensus of $16.63.