Small toy figures are seen in front of diplayed Netflix logo in this illustration taken March 19, 2020. REUTERS/Dado Ruvic/IllustrationRegister now for FREE unlimited access to Reuters.comReporting by Akash Sriram in Bengaluru; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles. .
March 16 (Reuters) – Netflix Inc is testing features including one that will allow accounts to be shared outside members’ household at an extra cost, the streaming pioneer said on Wednesday.The company is testing the features in Chile, Costa Rica and Peru allowing members on its standard and premium plans to add up to two people.Netflix is also studying another feature that will allow members on a basic, standard or premium plan to transfer their profile information to a new account or a sub account retaining data such as viewing history and personalized recommendations. (https://bit.ly/3CLKbF2)Register now for FREE unlimited access to Reuters.com The company currently allows people who live together to share their Netflix account. However, the plans have created some confusion about when and how accounts can be shared, the company said, adding it is impacting its ability to invest in new content.The company said it would test the features for their utility before making changes in other parts of the world.Netflix in January tempered its growth expectations, projecting customer additions in the first-quarter at less than half of Wall Street’s expectations citing the late arrival of anticipated content. read more Register now for FREE unlimited access to Reuters.comRetailer Canadian Tire to strengthen game with over $2 bln investment
People walk out of a Canadian Tire Store that is located by a Mark’s clothing store, which is owned by Canadian Tire Corporation in Toronto, May 8, 2014. REUTERS/Mark Blinch Register now for FREE unlimited access to Reuters.comReporting by Deborah Sophia and Praveen Paramasivam in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles. .
March 10 (Reuters) – Canadian Tire Corp Ltd (CTCa.TO) said on Thursday it would invest C$3.4 billion ($2.66 billion) over the next four years on its physical and online presence, as it looks to build on the gains made from the pandemic-led online surge.To lure more customers and get a bigger share of their spend as competition grows, retailers are beefing up their online business and offering everything from attractive loyalty programs to personalized promotions online.Toronto, Ontario-based Canadian Tire said it would expand its rewards program and rollout its premium annual membership across its stores nationwide, while also introducing over 12,000 new products under its owned brands by 2025.Register now for FREE unlimited access to Reuters.com The owner of SportChek and Mark’s store banners also said it would invest about C$675 million to boost its supply chain infrastructure by adding more warehouse space and opening a new e-commerce fulfillment center.Shipping delays and product shortages plagued retailers last year, forcing them to look at ways to strengthen their supply chains to ensure well-stocked shelves to meet rising consumer demand.Canadian Tire said about C$1.2 billion of its investment would go toward improving the connection of its digital and physical channels, to boost its same-day pickup options, including curbside.Canadian Tire said it expects to grow same-store sales, excluding fuel, by more than 4% annually by 2025, with a profit target of more than C$26 per share.RBC analyst Irene Nattel said the forecast was likely “well above Street expectations.”The company reported earnings of C$18.38 per share last year and had recorded a nearly 30% surge in e-commerce sales.($1 = 1.2803 Canadian dollars)Register now for FREE unlimited access to Reuters.comAustralia’s AGL Energy rejects $3.5 bln offer, backs decision to split
- Australia’s 2nd richest man, Canada’s Brookfield made joint bid
- Offer was at a 4.7% premium to AGL’s last close
- AGL says demerger plans on track
Feb 21 (Reuters) – Australian power producer AGL Energy Ltd on Monday rejected a $3.54 billion takeover offer from billionaire Mike Cannon-Brookes and Canada’s Brookfield Asset Management (BAMa.TO) in favour of its plan of splitting in two this year.AGL said the A$7.50 apiece proposal from Cannon-Brookes, Australia’s second-richest man and co-founder of software firm Atlassian, and the Canadian buyout group was a 4.7% premium to the stock’s Friday close and undervalued it.”The proposal does not offer an adequate premium for a change of control and is not in the best interests of AGL Energy shareholders,” AGL Chairman Peter Botten said.Register now for FREE unlimited access to Reuters.comRegisterThe unsolicited cash proposal with an option for AGL shareholders to elect a scrip alternative also provided limited other information about how the deal would be structured, Botten said.Cannon-Brookes’ investment vehicle, Grok Ventures, and Brookfield did not immediately respond to a request for comment.The profits and value of AGL, Australia’s biggest polluter, have shrunk on government pressure to cut retail rates, waning investor appetite for coal-fired power and an influx of solar and wind energy into the grid.The Australian Financial Review had reported on Sunday that the parties made a joint bid for AGL which included plans to halt its proposed split into a bulk power generator and a carbon-neutral energy retailer. AGL plans to re-brand as Accel Energy and hold the company’s coal-fired power plants and wind farm contracts. It would spin off AGL Australia Ltd, the country’s biggest retailer of electricity and gas, into a separately listed company. read more AGL said earlier this month it had made significant progress in its demerger plans and repeated on Monday that the split was on track to be completed by June. “The board is confident that the demerger will create a strong future for both parts of the business,” Botten said.($1 = 1.3961 Australian dollars)Register now for FREE unlimited access to Reuters.comRegisterReporting by Harish Sridharan and Shashwat Awasthi in Bengaluru; editing by Grant McCoolOur Standards: The Thomson Reuters Trust Principles. .
سهام کوهل به دلیل علاقه خرید از Sycamore، Acacia افزایش یافت
24 ژانویه (رویترز) – پس از گزارش رویترز مبنی بر اینکه شرکت سهامی خصوصی Sycamore Partners با پیشنهاد خرید 9 میلیارد دلاری به فروشگاه های زنجیره ای نزدیک شده است، سهام شرکت Kohl (KSS.N) 36 درصد افزایش یافت. یک منبع گفت. روز یکشنبه Sycamore حاضر به پرداخت حداقل 65 دلار به ازای هر سهم بود که به معنای حق بیمه 39 درصدی نسبت به آخرین قیمت بسته بود. Starboard Value-backed Acacia Research (ACTG.O) هفته گذشته پیشنهاد پرداخت 64 دلار به ازای هر سهم را داد. بیشتر بخوانید Kohl's روز دوشنبه تایید کرد که نامههایی مبنی بر ابراز علاقه به تصاحب دریافت کرده است و اضافه کرد که هیئت مدیره اقداماتی را انجام خواهد داد که به نفع شرکت و سهامداران آن باشد. نام خواستگاران را ذکر نکرده است. اکنون برای دسترسی نامحدود رایگان به رویترز.com ثبت نام کنیدثبت نام سرمایه گذاران فعالی مانند Macellum Advisors و Engine Capital که از عملکرد کهل ناراضی هستند، همچنین از آن خواسته اند تا گزینه ها، از جمله فروش را بررسی کند. . اطلاعات بیشتر مانند رقبای Macy's (MN) و Nordstrom (JWN.N)، Kohl's سهم بازار خود را به زنجیره های آنلاین و غیر قیمتی از دست داده است، اما اخیراً با Sephora و PVH (PVH.N) LVMH (LVMH.PA) کالوین کلاین تحسین تحلیلگران را به دست آورده است. تابلویی نشانگر فروشگاه Kohl در مدفورد، ماساچوست، ایالات متحده، 21 فوریه 2017 است. رویترز/برایان اسنایدر/فایل عکس هفته کسب و کار جهانی در آیندهبیشتر بخوانید 1 درصد از Kohl's، روز دوشنبه از خرده فروش خواست تا با اشاره به پیشنهاد Acacia، پیشنهاد خرید با 37 درصد حق بیمه را "به شدت دنبال کند". تعدادی از تحلیلگران گفتند که Kohl's که دارای ارزش بازار 6.52 میلیارد دلار است، می تواند ارزش بیشتری داشته باشد. پل لژوئز از سیتی در یادداشتی نوشت: «KSS یک تولیدکننده قوی FCF (جریان نقدی رایگان) است و به نظر نمیرسد از بازار اعتباری دریافت کند، و این امر باعث میشود پیشنهادات را در نظر بگیریم». مایکل بینتی از Credit Suisse در یادداشتی نوشت ارزش 70 تا 80 دلاری. سهام برای بهترین شب روز خود در مسیر بودند با توجه به اینکه این اخبار رقبای Macy's و Nordstrom را نیز بالاتر می برد. با این حال، تحلیلگران UBS متقاعد نیستند که یک معامله اتفاق بیفتد زیرا آنها شک دارند که املاک و مستغلات کهل ارزش کافی برای ارائه وثیقه کافی را داشته باشد. آنها اضافه کردند که تغییرات عملیاتی پیشنهاد شده توسط فعالان نمی تواند جلوی زیان سهم بازار را بگیرد و ممکن است طلبکاران را متقاعد نکند که سرمایه کافی وام بدهند. اکنون برای دسترسی نامحدود رایگان به رویترز.com ثبت نام کنید. بنگالورو ویرایش توسط کریشنا چاندرا الوری و آدیتیا سونی استانداردهای ما: اصول اعتماد تامسون رویترز. .