Liberty Media Formula One Series A (FWONA) Raised to “Buy” at ValuEngine – Fairfield Current


ValuEngine upgraded shares of Liberty Media Formula One Series A (NASDAQ:FWONA) from a hold rating to a buy rating in a research report report published on Friday morning.

A number of other research firms also recently issued reports on FWONA. Pivotal Research restated a buy rating and issued a $49.00 price target on shares of Liberty Media Formula One Series A in a research note on Monday, November 12th. Zacks Investment Research downgraded Liberty Media Formula One Series A from a hold rating to a sell rating in a research note on Thursday, September 6th. Goldman Sachs Group assumed coverage on Liberty Media Formula One Series A in a research note on Tuesday, October 9th. They issued a hold rating and a $39.00 price target on the stock. Citigroup raised their price target on Liberty Media Formula One Series A from $39.00 to $41.00 and gave the stock a buy rating in a research note on Thursday, August 16th. Finally, Macquarie restated a buy rating and issued a $39.00 price target on shares of Liberty Media Formula One Series A in a research note on Sunday, August 12th. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock presently has a consensus rating of Buy and a consensus price target of $41.00.

Shares of FWONA opened at $31.25 on Friday. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.60. Liberty Media Formula One Series A has a 12 month low of $27.22 and a 12 month high of $37.32. The firm has a market cap of $7.22 billion, a price-to-earnings ratio of 25.83 and a beta of 1.34.

In related news, major shareholder Gamco Investors, Inc. Et Al bought 6,400 shares of the stock in a transaction that occurred on Tuesday, November 27th. The shares were bought at an average cost of $24.59 per share, for a total transaction of $157,376.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Gregory B. Maffei bought 3,500 shares of the stock in a transaction that occurred on Monday, December 3rd. The shares were bought at an average price of $30.29 per share, for a total transaction of $106,015.00. Following the completion of the transaction, the chief executive officer now directly owns 380,219 shares of the company’s stock, valued at approximately $11,516,833.51. The disclosure for this purchase can be found here. Over the last 90 days, insiders bought 17,900 shares of company stock worth $470,511. Company insiders own 5.34% of the company’s stock.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in FWONA. Great Lakes Advisors LLC purchased a new position in Liberty Media Formula One Series A during the third quarter valued at $201,000. Verition Fund Management LLC purchased a new position in Liberty Media Formula One Series A during the third quarter valued at $224,000. Laurel Wealth Advisors Inc. purchased a new position in Liberty Media Formula One Series A during the second quarter valued at $231,000. Blair William & Co. IL lifted its position in Liberty Media Formula One Series A by 78.4% during the third quarter. Blair William & Co. IL now owns 6,828 shares of the company’s stock valued at $243,000 after purchasing an additional 3,000 shares in the last quarter. Finally, Mint Tower Capital Management B.V. purchased a new position in Liberty Media Formula One Series A during the third quarter valued at $267,000. Institutional investors own 9.10% of the company’s stock.

Liberty Media Formula One Series A Company Profile

Formula One Group, through its subsidiaries, engages in the media and entertainment businesses in North America. Formula One Group was formerly known as The Liberty Media Group. The company is based in Englewood, Colorado. Formula One Group is a former subsidiary of Liberty Media Corporation.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Liberty Media Formula One Series A (NASDAQ:FWONA)

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Golf tip: Do this to get out of a greenside bunker – Florida Today


Daril Pacinella, Special to FLORIDA TODAY
Published 8:57 a.m. ET Dec. 10, 2018

Q: I was playing a course last week, and hit my iron shot into the greenside bunker. When I got to my ball it was so plugged in the sand I could only see the top of the ball. I had no idea how to hit this bunker shot. Could you give me some advice on how to hit that type of shot. Jay.

A: Unfortunately, we get those breaks now and then in the bunker. This is the type of shot you just want to get out of the bunker and on the green.

With a buried lie in the bunker, you need to know how the ball will come out of the sand when you make this golf shot. It will come out low and will run a lot once it hits the green.

Now, let’s talk about how you are going to hit this shot.

First, dig your feet into the sand to get a good foundation. Play the ball slightly left of center in your stance, close the club face slightly on your sand wedge, and aim more to the right of your target.

Your ball will come out left with a closed club face. Lean the shaft toward the hole slightly, putting more weight on your left leg.

Make a backswing with an early wrist hinge, getting your hands about waist high and the shaft pointing to the sky.

Now, create a chop motion swinging down into the sand behind the ball with a slight follow through.

This will cause the ball to pop out of the sand. Remember, the golf ball will have no spin and will run out once it hits the green.

Practice this technique in a practice bunker and you will never have to worry how to hit this type of shot in this situation again.

Have fun and enjoy the game.

Daril’s credentials

Daril Pacinella is the Director of Instruction at Turtle Creek Country Club in Rockledge. He is a teaching professional with more than 40 years of experience. He is a certified TPI golf fitness instructor and has developed strength and flexibility programs for golfers of all ages.

Readers may submit questions on anything related to golf. Send your question to pgabear@aol.com. If your question is selected, it will be published in FLORIDA TODAY on Tuesday and the Treasure Coast Newspapers on Thursday. You also will receive a certificate for Free Green Fees for a foursome at one of the courses listed: Turtle Creek Golf Course in Rockledge, Duran Golf Course in Viera, Baytree National Golf Links in Suntree, Viera East Golf Club and Savannahs Golf Course on Merritt Island.


Magana, Nyaruai out to defend titles at Chess Championship – Citizen TV


Benjamin Magana of KCB Chess Club and Joyce Nyaruai of Technical University of Kenya (TUK) will be seeking to defend their titles at the five day national chess championships which start on Jamhuri Day at Parklands Sports Club.

The duo is enjoying top form and sits pretty at the summit of their respective national ranking published at the end of November by world body FIDE.

Benjamin Magana will be seeking to win his fourth national title having won it in 2006, 2013 and 2017.

At the same time, following her exploits at the Kisii Open Chess Tournament, Joyce Nyaruai is expected to have a field day in opening matches against slightly lower rated players before facing off with her main rival, Sasha Mongeli- the recent winner of StarTimes Sports Personality of the Month after excelling in World Chess Olympiad 2018 in Batumi, Georgia.

Other registered high profile ladies expected to put up a huge fight include Gloria Jumba, Daphne Mwikali, Lucy Wanjiru and Under 18 national Champion Dorcus Wanjala .

Former national Champion Mehul Gohil who was dethroned by Benjamin Magana is however talking tough, promising to take pleasure on exerting revenge on all who denied him the chance of defending his title.

“I’m going for nothing short of victory. Let others make their own calculations but my focus is winning the title back,” Said Mehul .

The event has attracted over 200 players from all parts of the country. The Championship will run from December 12- 16. The winner will walk away with a cash prize of Ksh 100,000,  and an air ticket to Mombasa Open.

The closing ceremony will be held on Sunday where the league winners will be awarded. Equity Bank defended their title in a dramatic final match against its perennial rival KCB Group last weekend.






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NASCAR Continues to 'Drive for Diversity' | BlackPressUSA – Black Press USA


Ernie Francis Jr. (Photo: Ernie Francis Jr. Racing)
Ernie Francis Jr.

By Stacy M. Brown, NNPA Newswire Correspondent
@StacyBrownMedia

As fast as the cars that go around the track, observers have been quick to point out what for years had been a glaring fact about NASCAR: It’s a white male club. Slowly, however, that’s been changing, and it has become increasingly more unfair to place that label on what is perhaps America’s largest spectator sport.

On Thursday, Dec. 6, NASCAR announced six drivers for its Drive for Diversity Class of 2019, unveiling a group that officials said blends talented newcomers with returning veterans.

Chase Cabre, Ernie Francis Jr., Rubén García Jr. and Nick Sanchez return to the driver development program next season and they’ll be joined by first-time participants Brooke Storer and Gracie Trotter.

The six were chosen from the 12 invitees to the NASCAR Drive for Diversity Driver Development Combine last October at New Smyrna Speedway and Bethune-Cookman University.

They will compete in the NASCAR K&N Pro Series East and Whelen All-American Series next year for Rev Racing.

“It’s an honor to be accepted into this program for this next year,” Ernie Francis, Jr. told NNPA Newswire.

“I think people used to think NASCAR wasn’t diverse but the past couple of years has been very different with folks like Daniel Suárez and Bubba Wallace, I think we’re showing there is diversity,” Francis said.

The Drive for Diversity program counts as proof that NASCAR continues its mission for faces that aren’t just white and male, he said.

“This program has brought in programs from all types of backgrounds,” said Francis, a second-timer for the program and a five-time Trans Am Series Champion.

The program began in 2004 and participants already include Kyle Larson, Daniel Suárez, and Wallace – each of whom are racing in the Cup Series, NASCAR’s top division.

While those three are 25, 25, and 24-years-old respectively, Francis is still just 20 and all are a testament to NASCAR’s burgeoning youth movement.

“This year’s class features six highly talented drivers who each possess an impressive blend of skill and experience,” said Jusan Hamilton, NASCAR senior manager of racing operations and event management.

“We’re thrilled to see these drivers develop throughout the 2019 season and enjoy success both on and off the race track.”

The 2019 campaign will mark the 10th season that Max Siegel’s Rev Racing organization has fielded cars for the Drive for Diversity Driver Development Program.

The team has amassed 19 wins in the K&N Pro Series.

Francis, who will continue to run in the Trans Am Series while fielding a Late Model for Rev Racing in the Whelen All-American Series, is scheduled to participated in NASCAR K&N Pro Series East road courses.

His interest in racing began at the tender age of 4, watching his dad, Ernie Francis, Sr., he said.

By 14, Francis was already on the track.

During his rookie season with Rev Racing, Francis earned one top 5, one top 10 and one pole award in just two races. In 2017, Francis also had a career-first start in the NASCAR Xfinity Series.

At the age of 16, he became the youngest Trans Am Series Champion and he’s the winningest driver in 50 years of the series.

Other career highlights include the Trans Am Rookie of the Year Award, the 2016 FARA Miami 500 Champion, and the Pirelli World Challenge Rookie of the Year Award.

“I’ve been around racing my whole life,” Francis said. “I have a passion that I developed at a young age because of my dad and I love this and I will have that passion forever,” he said.

Of the Drive for Diversity Program, Francis offered praise to NASCAR.

“NASCAR needs to get younger and more diverse drivers out there and that’s what they’re doing,” he said. “And, the program has worked out pretty well.”


Meetings ‘eerie’ for some as baseball convenes at site of concert massacre – Chicago Sun-Times


LAS VEGAS – Minor league infielder Mikey Duarte wiped away tears as he talked last February about the death of his twin sister, Christiana.

“Every day we wake up it’s a living nightmare,” he said that day in Arizona as he prepared to start spring training with the White Sox.

Christiana was one of 58 killed a country music concert in Las Vegas less than four months earlier in the deadliest mass shooting in the United States in at least 70 years. Hundreds more were wounded by the gunman, who fired from a suite on the 32nd floor of the Mandalay Bay Resort and Casino.

Duarte lasted all of six games for Class A Winston-Salem last season and just in the past two weeks told the White Sox he was retiring – “still grieving” with his family, said Chris Getz, the Sox director of player development.

The Cubs bow their heads in a moment of silence before their 2017 playoff opener less than a week after the Las Vegas concert massacre.

Cubs star Kris Bryant’s sister-in-law and friends were among those who escaped injury during the Oct. 1, 2017, shooting, and five days later as the Cubs opened the playoffs, he spoke about the terror and relief over those next 24 and 48 hours.

“It broke my heart, man. I was up all night,” said the Las Vegas native.

It’s against this backdrop that professional baseball stages its largest off-the-field event of the year, its industry-wide convention and trade show, at the site of a chilling mass-murder scene that touched many in baseball personally just 14 months ago.

The 32nd floor where the shooter was perched has been renumbered (now called the 57th floor). That wing has been closed since the shooting.

“I really don’t know what to expect,” Getz said. “It obviously affected so many people, and it will kind of bring us back there.

“Eerie is probably the word that describes the feeling I’ll have.”

Except for a more visible security presence near the lobby elevator banks, the hotel lobby and casino looked much like any other on the Vegas strip as baseball officials arrived Sunday, a business-as-usual look and buzz that belied the recent history – and the renumbering of several floors (the 32nd floor is now the 57th).

“We definitely noticed the location of the meetings,” Cubs president Theo Epstein said. “For those who weren’t directly affected or had family members or friends involved, being in that close proximity, it’ll be an important time for self reflection and to consider the magnitude of what happened there and the grave issues that we face as a society.”

Concert site three days after the shooting

The sites for baseball’s winter meetings are chosen years in advance, with a commitment made in this case long before the massacre.

In the aftermath of the shooting baseball officials sensitive to having the meetings on the site so relatively soon after the shooting sent an MLB delegation to meet with hotel execs to discuss concerns, receiving assurances about such things as security.

Security in general has been increased at the property, including a change in programming electronic room keys that now allow elevator access only to a guest’s specific floor.

The floor of the where the shooting took place has reopened, but the wing where room No. 32-135 is remains closed.

And the once-bustling lot across Las Vegas Boulevard where the concert was held hasn’t been used since and is enclosed by a high fence with “no trespassing” signs.

RELATED
• Cubs’ Winter Meetings preview
• Sox’ Winter Meeting preview

A covered fence with surveillance cameras surround the site where 58 were killed at a concert in 2017.

From a purely business standpoint, it’s hard to overstate the value for the MGM-owned hotel of retaining such a high-profile event involving thousands of participants in a $10 billion industry barely a year after being at the center of such a horrifying event.

“It means the world to us that partners like Major League Baseball look to Mandalay Bay to host such iconic and highly anticipated events like the 2018 Baseball Winter Meetings,” Mandalay Bay President and COO Chuck Bowling said through a spokesman, adding the resort is “grateful for all the support and loyalty.”

He declined to say what, if any, financial inducements were offered to encourage MLB to keep its commitment to the venue.

“Maybe [we’re a little bit closer to the tragedy because it affected part of our baseball family,” Getz said. “It was such a tragedy. You just hope going there doesn’t bring back some of those feelings, but it’s kind of inevitable.”

 


1 United MMA House celebrates First Anniversary – Parsippany Focus






Parsippany-Troy Hills Mayor Michael Soriano cuts the ribbon celebrating 1 United MMA House anniversary

PARSIPPANY — Recently, 1 United MMA House celebrated its “First Anniversary” with a ribbon cutting ceremony by Mayor Michael Soriano and Parsippany Area Chamber of Commerce.

Parsippany Area Chamber of Commerce Board Member Ildiko Peluso, Nicolas Limanov, President Robert Peluso and Executive Board Member Frank Cahill attended the ceremony.

1 United Mixed Martial Arts House aims to create a positive atmosphere for their clients by upholding the highest levels of integrity and character. They are here to help our members reach their goals whether physical or mental.

Family members with Parsippany Area Chamber of Commerce President Robert Peluso, Mayor Michael Soriano, Parsippany Area Chamber of Commerce Executive Board Member Frank Cahill with owners Yusuf Yoldas and Ibrahim Yoldas

Owner Yusuf Yoldas said “after over a decade of experience in both training in mixed martial arts, I pride myself on sharing the knowledge and skills I have attained with my students. I started training at the age of 13 and took a break along the way to dedicate my time to soccer. After becoming a top player in my high school and various club teams, I returned to martial arts and attained my black belt at the age of 18. In 2010 entered the world of strength and conditioning and became a professional MMA competitor. I have traveled the country and trained under dozens of professional athletes who offered me a great deal of information. This has allowed me to attend various conventions in which I advanced my skill level.  By learning a great deal about mixed martial arts and strength and conditioning I am able to better assist my students in reaching their fitness goals. Combining these two skills has allowed me to gain insights into two completely different forms of art that complement each other perfectly. Helping students of all ages has allowed me to gain a sense of self-fulfillment that I would not otherwise experience, allowing me to truly say that teaching has become my pride and joy.”

Owner Ibrahim Yoldas, Parsippany Area Chamber of Commerce President Robert Peluso, Mayor Michael Soriano, Parsippany Area Chamber of Commerce Executive Board Member Frank Cahill and Owner Yusuf Yoldas ready to cut the ribbon celebrating 1 United MMA House First Anniversary Celebration

His brother, Ibrahim Yoldas, said “Coming from a family having three siblings, I realized that setting the example for my younger brother Abdu was very important to me. I always followed in the footsteps of my older brother Yusuf and I wanted to instill the same values in my younger brother. Seeing my older brother train daily inspired me to start training by the age of 14. After a certain amount of time I grew to realize that it’s not all about fighting, it’s about discipline. Within four years of training, I prepared my mind and body to work at the same pace in order to obtain my black belt by the age of 18. Over the course of the next four years I apprenticed at a local personal training studio and health club where I learned how to cater to all age groups and with clients who had pre existing medical conditions and specific injuries. I value and appreciate all the people that contributed to my growth up to this point, which in turn lead my brothers and I to embark on this new journey.”

Parsippany-Troy Hills Mayor Michael Soriano cuts the ribbon celebrating 1 United MMA House anniversary
Owner Ibrahim Yoldas, Parsippany Area Chamber of Commerce President Robert Peluso, Mayor Michael Soriano, Parsippany Area Chamber of Commerce Executive Board Member Frank Cahill and Owner Yusuf Yoldas celebrating 1 United MMA House First Anniversary Celebration

1 United MMA House  is located at 96 North Beverwyck Road, Lake Hiawatha.

 


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