Somalia’s semi-autonomous state of Puntland executed 10 al-Shabaab fighters by firing squad, following their conviction for involvement in assassinations and bombings in Galkayo. The executions come amidst ongoing violence by the Islamist group, which aims to establish an Islamic state in Somalia.
Kyle Hendricks, the 34-year-old right-hander, is working towards a reset in his pitching form after a rocky start to the season. Despite his current struggles, Hendricks’ veteran presence is still valued within the Cubs’ organization. The pitcher is committed to improving his execution, focusing on the mental aspects of the game, and honing his arm path to regain his previous form.
Wells Fargo analysts believe that Walt Disney (DIS) is poised for improved performance after emerging victorious from a challenging proxy fight. They anticipate better margins in the company’s direct-to-consumer business and stabilization in the sports segment. Disney is also expected to benefit from paid account sharing at Disney+, Hulu content integration, and potential full ownership of Hulu in 2023. Furthermore, ESPN’s valuation is projected to rise, supported by strong sports viewership. The bank has raised its earnings per share estimates for Disney in 2024 and 2025, leading to an increased price target of $141, implying significant upside potential.
Ollie’s Bargain Outlet (OLLI) is poised for continued growth amidst the weak macro backdrop due to its value pricing strategy and expansion opportunities. Its strong track record of execution, positive same-store sales, and healthy balance sheet support the bullish outlook. Analysts recommend a buy rating, citing OLLI’s ability to capture market share from competitors and benefit from store closures among peers.
