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Singtel flags $1.2 billion charge in full-year results, starts strategic review of two US units For the second half year, Singtel's net exceptional loss will be $839 million SINGAPORE - Singapore Telecommunications said on Friday (May 14) it expects to book net exceptional losses of $1.21 billion in its full-year results, mostly due to impairment of assets at two United States-based units, digital advertising platform Amobee and cyber-security firm Trustwave Holdings. Singtel said it has started a strategic review to consider options for the two businesses, which may include restructuring of product or business segments, a full or partial divestment, or business combinations with other industry players. "We are open to all types of strategic partnerships and deals including inviting investors who have complementary capabilities and can enhance the value of the businesses," said group chief executive Yuen Kuan Moon in a statement on Friday. ..... https://www.straitstimes.com/business/companies-markets/singtel-flags-12-billion-exceptional-loss-in-annual-results-starts

There’s a single New Jersey deli doing $35,000 in sales valued at $100 million in the stock market Published Wed, Apr 21 20216:07 PM EDTUpdated Thu, Apr 22 20218:12 AM EDT Dan Mangan@_DanMangan Share Key Points Hometown International, a mysterious $100 million company that owns just one tiny New Jersey deli, is linked in multiple ways to another odd company, E-Waste. E-Waste’s stock, like that of deli owner Hometown International, has soared in the past year, also giving it market capitalization of more than $100 million earlier this month. E-Waste CEO John Rollo recently had a job that is unusual for the head of a company that on paper is worth tens of millions of dollars: a patient transporter at a northern New Jersey hospital. Peter Coker Sr., a North Carolina businessman, is connected to both companies. Coker son Peter Jr. is chairman of the deli company, whose CEO is high school principal and wrestling coach Paul Morina. https://www.cnbc.com/2021/04/21/100-million-new-jersey-deli-linked-to-shell-company-e-waste.html