Author: iwano@_84

It’s Probably Time to Start Taking Profits on DraftKings Stock

DraftKings (NASDAQ:DKNG) has been on fire over the past month, with DraftKings stock rising more than 50% during that stretch thanks to a wave of favorable business developments, the most noteworthy of which is an exclusive Daily Fantasy Sports partnership with ESPN.

DraftKings (DKNG) logo on a phone
DraftKings (DKNG) logo on a phone

Source: Lori Butcher /

Before this huge breakout in DraftKings stock, I said that the stock was a screaming buy, because of the company’s long-term upside potential in online sports betting, iGaming and Daily Fantasy Sports.

Visibility to DraftKings realizing that long-term upside potential has increased dramatically over the past month. But so has the DKNG stock price.

InvestorPlace – Stock Market News, Stock Advice & Trading Tips

And so, it is with some sadness that I say it may be time to do some profit-taking on DraftKings stock. The stock is fundamentally and technically overextended here, and due

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MLB final week: What to watch for

There are playoff spots on the line, injuries to keep an eye on and home-field advantages up in the air. The Marlins are on the verge of pulling off what would amount to a little bit of a baseball miracle.
The Cardinals would be in that conversation as well. The

There are playoff spots on the line, injuries to keep an eye on and home-field advantages up in the air. The Marlins are on the verge of pulling off what would amount to a little bit of a baseball miracle.

The Cardinals would be in that conversation as well. The Mariners are still alive and happen to have three games against the team they need to catch.

• Postseason standings

While Shane Bieber is the runaway frontrunner for the American League Cy Young Award, the final week likely will have an impact on the voting for every other award.


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AACC Urges Congress to Fund Laboratory Training Programs to Better Prepare the U.S. for Future Pandemics

The MarketWatch News Department was not involved in the creation of this content.

WASHINGTON, Sept. 17, 2020 /PRNewswire via COMTEX/ —
WASHINGTON, Sept. 17, 2020 /PRNewswire/ — In the face of a chronic shortage of professionals who are qualified to perform clinical laboratory tests—including those for COVID-19—AACC released a position statement today calling on Congress to provide federal funding to expand clinical laboratory training programs. This will help to ensure that labs have the staffing they need to deliver timely, accurate test results, particularly during public health emergencies such as the current coronavirus pandemic.

Read the position statement here:

In spite of labs’ heroic efforts to meet the demand for coronavirus testing in the U.S., the country’s overall testing capacity continues to fall short of the levels needed to help contain the pandemic. As part of an ongoing AACC survey of U.S. labs, the association has found that a

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Burgan Bank rewards its customers with the highest assured cash back of 5% when using Visa Signature credit card

Kuwait: Burgan Bank continues to reward its customers with the best exclusive offers that suits their daily lifestyle. The Bank recently announced the latest offer for Visa Signature credit cardholders, giving an assured cashback of 5% on all spends, up to 300 KD monthly. The offer is available during the period of 20 September until 20 December 2020.

Visa Signature from Burgan Bank provides many benefits and rewards, especially for travel and shopping lovers as it provides all the convenience to its customers. Card holders can enjoy free issuance fees for the first year and annual reduced fee to KD 75. Additionally, Burgan Bank Visa Signature Credit cardholders are entitled to “Best of Burgan” monthly offers and the “Mega sale” while making purchases through “Best Al-Yousifi” website or mobile application, a stress-free journey with unlimited access to more than 1,000 lounges in over 300 cities worldwide, free travel insurance for

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LS passes Bill to decriminalise small offences, promote ease of doing business

Under the 2013 Act, certain provisions from the Companies Act, 1956 continue to apply to producer companies. These include provisions on their membership, conduct of meetings, and maintenance of accounts.

Producer companies include companies which are engaged in the production, marketing and sale of agricultural produce, and sale of produce from cottage industries.

The Bill removes these provisions and adds a new chapter to the Act with similar provisions for producer companies.

The Bill makes three changes. First, it removes the penalty for certain offences. For example, it removes the penalties which apply for any change in the rights of a class of shareholders made in violation of the Act. Where a specific penalty is not mentioned, the Act prescribes a penalty of up to Rs 10,000 which may extend to Rs 1,000 per day for a continuing default.

Second, it removes imprisonment in certain offences. For example, it removes

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Seidor acquires major stakes in MENA’s largest SAP Business One Partner Procons-4IT

Dubai, UAE: In a significant boost to the MENA’s SME sector, a leading global SAP VAR (value-added reseller) Seidor acquired majority shares in Procons-4IT, an accredited SAP Gold partner in the region. Seidor Procons, part of a multinational Spanish group of companies, is a foremost SAP Master VAR with platinum partnership through United VARs, providing a wide portfolio of products and SAP solutions.

Branded as Seidor Procons, the acquisition brings together the global expertise and technology of Seidor with the localized leadership of Procons-4IT to help SMEs optimize their business operations with strong ERP SAP Business One solutions, machine learning, loT, and other technologies that fulfill their digital transformation and make them prepared for unforeseen challenges.

“We are confident that this acquisition will provide an opportunity to serve Middle East SMEs uniquely,” said Angel Fernandez, co-CEO of Seidor Procons “With Seidor’s global leadership and Procons-4IT’s localized comprehensive experience, we can

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‘CIPM-ACCA partnership will make HR professionals business leaders’

CIPM-ACCA partnership
Some officials of the professional bodies at the ceremony.

By Elizabeth Osayande

Vice-President of the Chartered Institute of Personnel Management, CIPM, of Nigeria, Mrs. Titilayo Akisanya, has lauded the recent collaboration between the institute and the Association of Chartered Certified Accountants, ACCA, Nigeria.

CIPM, a body of human resources, HR, professionals in Nigeria, signed a Memorandum of Understanding MoU with ACCA, a body of professional accountants, in Ikeja, Lagos, last Wednesday.

Akisanya, who spoke to newsmen after the event, said she was optimistic that the cross-pollination of the two professions in building capacity and capability, would unleash well-rounded business professionals in the market in Nigeria, in West Africa and in Africa as a whole.

“This signing, which I have called a marriage, is really significant. What it really means is, HR professionals understanding finance and accounting as it is known in today’s world, will be better business leaders and business

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ITCAN Adapts To Changing Consumer Needs Amidst Accelerated Shift Towards Online Platforms During The COVID-19 Crisis

5 min read

Opinions expressed by Entrepreneur contributors are their own.

You’re reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.

Established in 2015, ITCAN, a full-service technology and digital marketing company, was founded by Mansour Althani and Abdallah Althani. The two Saudi nationals, who started the company with zero funding, today have a firm with workforce of over 70 employees dispersed across four offices. With its main office headquartered in the UAE, the remaining are ITCAN offices are based in KSA, Egypt, and a recently opened one in India.

After winning the Young Entrepreneurship Contest (YEC), which was presented by the Mohammed Bin Rashid Establishment for SME Development, in 2012, for an online clothing store concept, the Althani’s still felt they lacked the required experience to successfully run a startup. After having gained practical experience in the marketing field over the next few years, Mansour

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NDC’s plan to legalize Okada business not based on deep thinking

Politics of Sunday, 20 September 2020

Source: Peace FM


Pius Enam Hadzide, Deputy Minister of InformationPius Enam Hadzide, Deputy Minister of Information

Deputy Minister of Information, Pius Enam Hadzide says the decision that went into the opposition National Democratic Congress (NDC) plan to legalize the Okada business can only be based on impulse and not on deep thinking.

According to him, the NDC bringing back the Okada business policy that the Mahama administration outlawed in 2012 means clearly that they did not consult the stakeholders, industry players and interest groups before making the Okada operations illegal.

Speaking on Okay FM’s ‘Ade Akye Abia’ Morning Show, Pius Enam Hadzide said that the NDC under Mahama did not think of the consequences before coming up with the law to ban the operations of Okada in the country.

“Did they think of the consequences before coming up with that law? What consultation went into the decision to come

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Thiago’s visa did not allow him to work for Deliveroo

The Deliveroo rider who allowed hit-and-run victim Thiago Cortes to use his account has now had his self-employed contract terminated with the company, it is understood.

Mr Cortes was not legally allowed to be working for Deliveroo at the time of his death.

The Brazilian (28) died on September 1 from injuries he suffered when he was knocked down in Dublin while cycling as a courier for the fast-food delivery firm.

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