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Idris Elba isn’t just the recipient of People Magazine’s 2018 “Sexiest Man Alive” title. No, he’s also an actor, rapper, DJ, and Golden Globe winner who has appeared in shows like The Wire and Luther , and movies like Cats and Sonic the Hedgehog 2 . Not only that, but in 2020 he became the owner of a Champagne and rose wine brand when he started his own label called Porte Noire. And now he’s gotten into the Cognac game with the launch of the new Porte Noire Cognac, which was made in collaboration with Maison Ferrand. Maison Ferrand is a French company that produces several different spirits, including Planteray Rum (formerly called Planation Rum), Ferrand Dry Curacao, Citadelle Gin , and, of course, Ferrand Cognac. This Cognac house dates back to the 17th century when Elie Ferrand founded it in the Grande Champagne region of France. In 2016, Alexandre Gabriel took over after several decades of friendship with Mademoiselle Henriette Ranson-Ferrand, the last descendant and 10th generation of Elie Ferrands. Given this long backstory, and the fact that Maison Ferrand is much smaller than any of the big houses like Hennessy , Martell , or Courvoisier , it made sense for Elba to partner with Gabriel on this new Cognac. It should be noted that this is the first time that Maison Ferrand has created a new Cognac brand for an outside business. “As owner and master blender of Maison Ferrand, I have always looked for great sources of inspiration to make unique Cognacs and meeting Idris was one of those moments,” said Gabriel in a statement. “From the vineyard to the glass, the craft behind Cognac is nothing short of extraordinary,” added Elba. “With Porte Noire Cognac, we’ve created something that tells the story of the region but also feels fresh and new, inviting both seasoned Cognac enthusiasts and newcomers alike to enjoy.” This is not the first celebrity Cognac release, as you might have imagined. Jay-Z is still a part owner of D’usse , even though he sold a portion of his stake to Bacardi after a legal battle. DJ D-Nice is an investor in the new Martingale Cognac brand, which was founded by some former Pernod Ricard executives. And rapper Quavo recently partnered with Sazerac to launch White X. There is not a huge amount of information about what is actually in Elba’s new bottles, but we do know that Porte Noire Cognac is a VSOP expression, meaning the youngest eau-de-vie in the blend is a minimum of four years old. We have not gotten to taste the Cognac, but the official tasting notes describe apricot, vanilla, spice, tobacco, leather, oak honey, and caramel on the palate. Porte Noire Cognac is initially launching in the U.K., where it will be available for £79.99 (about $104) from online retailers like Master of Malt and the Whisky Exchange . The plan is for the Cognac to reach the U.S. in early 2025, according to the website Just Drinks , where it will be available in select states.
Blame it on the food and drink?Walmart ( NYSE:WMT – Free Report ) had its target price increased by KeyCorp from $88.00 to $96.00 in a research report released on Wednesday morning, Benzinga reports. The brokerage currently has an overweight rating on the retailer’s stock. A number of other equities research analysts have also weighed in on the stock. Wells Fargo & Company lifted their target price on shares of Walmart from $88.00 to $90.00 and gave the company an “overweight” rating in a research note on Thursday, October 31st. Truist Financial upgraded Walmart from a “hold” rating to a “buy” rating and upped their target price for the stock from $76.00 to $89.00 in a report on Tuesday, September 24th. Melius Research initiated coverage on Walmart in a research note on Monday, September 23rd. They issued a “buy” rating and a $95.00 target price for the company. DA Davidson upped their price target on Walmart from $75.00 to $85.00 and gave the stock a “buy” rating in a research note on Friday, August 16th. Finally, Guggenheim raised their price objective on Walmart from $81.00 to $90.00 and gave the company a “buy” rating in a research report on Monday, October 28th. Two research analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $91.88. Read Our Latest Analysis on Walmart Walmart Stock Up 2.3 % Walmart ( NYSE:WMT – Get Free Report ) last posted its earnings results on Tuesday, November 19th. The retailer reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.05. Walmart had a return on equity of 21.78% and a net margin of 2.92%. The firm had revenue of $169.59 billion for the quarter, compared to analysts’ expectations of $167.69 billion. During the same period in the previous year, the firm earned $0.51 earnings per share. The business’s revenue was up 5.5% compared to the same quarter last year. Sell-side analysts forecast that Walmart will post 2.47 earnings per share for the current year. Insiders Place Their Bets In other news, EVP John D. Rainey sold 3,000 shares of the company’s stock in a transaction on Friday, November 1st. The stock was sold at an average price of $82.12, for a total value of $246,360.00. Following the completion of the sale, the executive vice president now directly owns 378,165 shares in the company, valued at $31,054,909.80. This represents a 0.79 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link . Also, CEO C Douglas Mcmillon sold 29,124 shares of Walmart stock in a transaction on Thursday, September 26th. The shares were sold at an average price of $80.64, for a total value of $2,348,559.36. Following the transaction, the chief executive officer now owns 3,873,053 shares in the company, valued at $312,322,993.92. This trade represents a 0.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Over the last ninety days, insiders have sold 12,337,337 shares of company stock worth $958,823,647. Company insiders own 45.58% of the company’s stock. Institutional Investors Weigh In On Walmart Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Summit Financial Wealth Advisors LLC increased its stake in shares of Walmart by 0.5% in the third quarter. Summit Financial Wealth Advisors LLC now owns 23,720 shares of the retailer’s stock worth $1,915,000 after purchasing an additional 118 shares in the last quarter. Providence Wealth Advisors LLC boosted its holdings in Walmart by 0.3% in the 3rd quarter. Providence Wealth Advisors LLC now owns 43,549 shares of the retailer’s stock worth $3,591,000 after buying an additional 122 shares during the period. 3Chopt Investment Partners LLC increased its stake in Walmart by 0.4% in the 3rd quarter. 3Chopt Investment Partners LLC now owns 32,633 shares of the retailer’s stock worth $2,635,000 after buying an additional 124 shares in the last quarter. CAP Partners LLC raised its holdings in Walmart by 2.1% during the third quarter. CAP Partners LLC now owns 6,054 shares of the retailer’s stock valued at $489,000 after acquiring an additional 125 shares during the period. Finally, Investment Advisory Group LLC lifted its position in shares of Walmart by 2.1% in the third quarter. Investment Advisory Group LLC now owns 6,182 shares of the retailer’s stock valued at $499,000 after acquiring an additional 126 shares in the last quarter. 26.76% of the stock is owned by hedge funds and other institutional investors. Walmart Company Profile ( Get Free Report ) Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications. 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Former U.S. President Jimmy Carter, renowned globally for his humanitarian efforts following his presidency, has passed away at the age of 100. Naija News reports that The Carter Center confirmed his death on Sunday, stating, “ Our founder, former U.S. President Jimmy Carter, passed away this afternoon in Plains, Georgia.” Carter’s death comes just months after the passing of his wife of 77 years, Rosalynn, who died in November 2023 at the modest home they built in 1961. The couple had spent their later years in the same house where Carter began managing his father’s peanut business before venturing into politics. In February 2023, Carter announced his decision to enter hospice care, choosing to forego further medical intervention. At the time, his grandson, Jason Carter, shared, “They are at peace and – as always – their home is full of love ,” in a heartfelt social media post. Despite his declining health, Carter remained politically engaged, expressing his desire to vote for Vice President Kamala Harris in the 2024 presidential election. Carter, who served as the 39th president from 1977 to 1981, made history as the longest-living former U.S. president, surpassing George H.W. Bush in 2019. Following his single term in office, he dedicated decades to charitable causes, including monitoring elections in developing countries, building homes through Habitat for Humanity, and teaching Sunday school at Maranatha Baptist Church in Plains, Georgia. During his presidency, Carter achieved significant milestones, such as brokering the Camp David Accords between Israel and Egypt, transferring control of the Panama Canal to Panama, expanding public lands in Alaska, and formalizing diplomatic ties with China. However, his administration faced challenges, including high inflation, energy crises, and the Iran hostage crisis, which contributed to his defeat in the 1980 election against Ronald Reagan. In his later years, Carter battled various health issues, including brain cancer in 2015 and complications from falls in 2019. Nonetheless, his commitment to humanitarian work never wavered. His efforts were recognized in 2002 when he received the Nobel Peace Prize, cementing his legacy as a tireless advocate for peace and human rights.Edmonton zoo elephant Lucy gets medical OK as she approaches 50th birthday
Maupay also had a dig at Everton when he departed on loan to Marseille in the summer and his latest taunt has further angered the Premier League club’s supporters. The 28-year-old said on X after Sean Dyche’s side had lost 2-0 to Nottingham Forest at Goodison Park on Sunday: “Whenever I’m having a bad day I just check the Everton score and smile.” Whenever I’m having a bad day I just check the Everton score and smile 🙂 — Neal Maupay (@nealmaupay_) December 29, 2024 Former boxer Tony Bellew was among the Toffees’ supporters who responded to Maupay, with the ex-world cruiserweight champion replying on X with: “P****!” Maupay endured a miserable spell at Everton, scoring just one league goal in 29 appearances after being signed by the Merseysiders for an undisclosed fee in 2022. He departed on a season-long loan to his former club Brentford for the 2023-24 season and left Goodison for a second time in August when Marseille signed him on loan with an obligation to make the deal permanent. After leaving Everton in the summer, Maupay outraged their fans by posting on social media a scene from the film Shawshank Redemption, famous for depicting the main character’s long fight for freedom.Why Reddit (RDDT) Stock Is Down Today