PORTLAND, Ore. (AP) — A suburban Portland man who falsely reported his father and brother as terrorists after being excluded from a family wedding has been sentenced to three years on probation. Sonny Donnie Smith placed anonymous phone calls to security offices at McCarran International Airport in Las Vegas and the Midland International Air and […]
Reported by Seattle Times 6 hours ago.
No prison for Oregon man who made fake terrorism accusations
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Stevie Wonder plans shows to promote love, stop hate
WEST HOLLYWOOD, Calif. (AP) — Stevie Wonder says he plans to play a series of shows in the coming months to celebrate life, love and music and push back against troubled times. He gave no specifics other than saying shows in Las Vegas will be in the mix, and that he also hopes to have […]
Reported by Seattle Times 6 hours ago.
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Kona Grill Reports First Quarter 2018 Results
- Margin Improvements from Cost-Savings Initiatives Drives EBITDA Growth of 140%
- Strengthens Balance Sheet with Strategic Private Placement of $5.6 million
- Targets China for International Development through a Master Franchise Agreement
- Commences Franchising of Kona Grill Brand in the U.S.
SCOTTSDALE, Ariz., May 10, 2018 (GLOBE NEWSWIRE) -- Kona Grill, Inc. (NASDAQ:KONA), an American grill and sushi bar, reported financial results for the first quarter ended March 31, 2018.
*First Quarter 2018 Key Items Compared to First Quarter 2017*
· Revenues decreased 7.1% to $42.0 million.
· Same-store sales decreased 8.3% compared to a 4.3% decrease from the prior year.
· Restaurant operating profit*, a non-GAAP measure, improved to $5.0 million or 11.9% as a percentage of revenues compared to $4.6 million or 10.1% as a percentage of revenues.
· Net loss of $2.5 million, or ($0.24) per share compared to net loss of $3.4 million, or ($0.33) per share in 2017.
· EBITDA improved $0.9 million to $1.5 million compared to $0.6 million in 2017.
* For a reconciliation of restaurant operating profit, EBITDA and Adjusted EBITDA to the most directly comparable financial measures presented in accordance with GAAP and a discussion of why the Company considers them useful, see the financial information accompanying this release.
“We remain focused and resilient in this challenging industry environment. We continue to focus on service, hospitality and cleanliness to ensure our restaurants provide a great experience to each of our guests. We have many initiatives in place to take Kona Grill to the next level, including several involving menu innovation and increasing the frequency of guest visits” said Berke Bakay, President and CEO of Kona Grill.
“During the quarter, we saw measurable improvements in operating margins from cost-savings initiatives implemented under our new operational leadership team. These initiatives include reducing the amount of discounts and promotional activity which has negatively impacted sales, but has significantly improved profitability. As a result of these efforts, during the first quarter of 2018, restaurant operating profit improved $0.4 million or 8.7% while EBITDA improved $0.9M or 140% compared to the first quarter of 2017,” he continued.
“As previously announced, we completed a private placement at a premium and raised $5.6 million in capital. We’ll use the funds raised to pay down our revolving credit facility as well as working capital. As part of the transaction, we appointed hotel magnate, Alex Zheng, to our Board of Directors as Vice-Chairman. Alex brings a wealth of knowledge and experience to our board and also the potential to grow the brand in China through a master franchise agreement,” he continued.
“We are also excited to announce that we have filed registration statements in certain states where required to expand the Kona Grill brand in the United States through franchising. We believe a dual strategy of both company-owned and franchised restaurants allows for the optimal expansion of the brand in many markets throughout the U.S. To this end, we are working on a smaller prototype of between 5,000 and 5,300 square feet, to improve the portability of the brand in both U.S. and international markets,” he concluded.
*Conference Call*
Kona Grill will hold a conference call today at 5:00 p.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2018. The Company’s President and CEO Berke Bakay and CFO Christi Hing will host the call, followed by a question and answer session.
The conference call will be broadcast over the internet via the investors section of the Company’s website at www.konagrill.com. Additionally, investors may dial 1-323-794-2423 to participate in the call.
*About Kona Grill*
Kona Grill features a global menu of contemporary American favorites, award-winning sushi, and specialty cocktails in an upscale casual atmosphere. Kona Grill owns and operates 46 restaurants, guided by a passion for quality food and exceptional service. Restaurants are located in 23 states and Puerto Rico: Alabama (Huntsville); Arizona (Chandler, Gilbert, Phoenix, Scottsdale (2)); California (Irvine); Colorado (Denver); Connecticut (Stamford); Florida (Miami, Tampa, Sarasota, Winter Park); Georgia (Alpharetta); Hawaii (Honolulu); Illinois (Lincolnshire, Oak Brook); Indiana (Carmel); Idaho (Boise); Louisiana (Baton Rouge); Maryland (Baltimore); Michigan (Troy); Minnesota (Eden Prairie, Minnetonka); Missouri (Kansas City); Nebraska (Omaha); New Jersey (Woodbridge); Nevada (Las Vegas(2)); Ohio (Cincinnati, Columbus); Puerto Rico (San Juan); Tennessee (Franklin); Texas (Austin, Dallas, El Paso, Friendswood, Fort Worth, Houston, Plano, San Antonio(2), The Woodlands); Virginia (Arlington, Fairfax, Richmond). Additionally, Kona Grill has three restaurants that operate under a franchise agreement in Dubai, United Arab Emirates; Vaughan, Canada and Monterrey, Mexico. For more information, visit www.konagrill.com.
*Forward-Looking Statements*
Various remarks we make about future expectations, plans, and prospects for the Company constitute forward-looking statements for purposes of the Safe Harbor provisions under the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding our expectations, beliefs, intentions, plans, objectives, goals, strategies, future events, or performance and underlying assumptions and other statements that are not purely historical. These statements relate to our future financial performance and development plans, including but not limited to those relating to our sales trends, projected earnings, expenses, and capital expenditures for 2018, expectations of new store openings as well as international franchise development in 2018 and beyond and availability of capital. We have attempted to identify these statements by using forward-looking terminology such as “may,” “will,” “anticipates,” “expects,” “believes,” “intends,” “should,” or comparable terms. All forward-looking statements included in this press release are based on information available to us on the date of this release and we assume no obligation to update these forward-looking statements for any reason. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those described in the statements. Investors are referred to the full discussion of risks and uncertainties associated with forward-looking statements and the discussion of risk factors contained in the company's filings with the Securities and Exchange Commission.
*KONA GRILL INC.*
*CONDENSED CONSOLIDATED BALANCE SHEETS*
(In thousands)
*March 31,* *December 31,*
*2018* *2017*
*Assets* (unaudited)
Cash and cash equivalents $ 3,716 $ 5,042
Other current assets 3,541 4,002
Other assets 1,212 1,116
Property, plant and equipment, net 78,542 81,639
Total assets $ 87,011 $ 108,383
*Liabilities and Stockholders' Equity*
Current liabilities $ 18,502 $ 16,603
Long-term debt 32,860 36,921
Long-term obligations 32,482 32,612
Stockholders' equity 3,167 5,663
Total liabilities and stockholders' equity $ 87,011 $ 108,383
*KONA GRILL, INC.*
*CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS*
(In thousands, except per share amounts)
* * *Three Months Ended*
* * *March 31,*
* * *2018* * * *2017*
* * (Unaudited)
* *
Revenue $ 42,017 $ 45,225
Costs and expenses:
Cost of sales 10,808 12,553
Labor 15,399 16,725
Occupancy 4,228 4,080
Restaurant operating expenses 6,597 7,283
General and administrative 3,470 3,632
Preopening expense - 336
Depreciation and amortization 3,362 3,658
Total costs and expenses 43,864 48,267
Loss from operations (1,847 ) (3,042 )
Write-off of deferred financing costs 37 -
Interest expense, net 604 306
Loss before income taxes (2,488 ) (3,348 )
Income tax benefit (expense) 28 (25 )
Net loss $ (2,460 ) $ (3,373 )
Net loss per share:
Basic and diluted $ (0.24 ) $ (0.33 )
Weighted average shares outstanding:
Basic and diluted 10,110 10,177
Comprehensive loss $ (2,460 ) $ (3,373 )
*KONA GRILL, INC.*
*NON-GAAP RECONCILIATIONS*
(In thousands)
(Unaudited)
We prepare our financial statements in accordance with U.S. GAAP. Within our press release, we make reference to non-GAAP EBITDA and Restaurant Operating Profit. Restaurant Operating Profit is defined as revenue minus cost of sales, labor, occupancy and restaurant operating expenses. Restaurant Operating profit does not include general and administrative expenses, depreciation and amortization, asset impairment charge or preopening expenses. We believe Restaurant Operating Profit is an important component of financial results because: (i) it is a widely used metric within the restaurant industry to evaluate restaurant-level productivity, efficiency, and performance; and (ii) we use Restaurant Operating Profit as a key metric to evaluate our restaurant financial performance compared to that of our competitors.
EBITDA and Adjusted EBITDA. EBITDA is defined as net income (loss) plus the sum of interest, taxes, depreciation and amortization. Adjusted EBITDA is defined as EBITDA plus unusual or non-recurring items, such as impairment, lease termination and exit costs and write-off of deferred financing costs. EBITDA and Adjusted EBITDA are presented because: (i) we believe it is a useful measure for investors to assess the operating performance of our business; (ii) we believe that investors will find these measures useful in assessing our ability to service or incur indebtedness; and (iii) we use EBITDA and Adjusted EBITDA internally as a benchmark to evaluate our operating performance and compare our performance to that of our competitors.
*Three Months Ended*
*March 31,*
*2018* * * *2017*
Net loss $ (2,460 ) $ (3,373 )
Income tax (benefit) expense (28 ) 25
Interest expense, net 604 306
Depreciation and amortization 3,362 3,658
EBITDA 1,478 616
Write-off of deferred financing costs 37 -
Adjusted EBITDA $ 1,515 $ 616
General and administrative 3,470 3,632
Preopening Expense - 336
Restaurant operating profit *$* * ** **4,985 * *$* * ** **4,584 *
Restaurant operating profit margin (A) 11.9 % 10.1 %
(A) Restaurant operating profit margin is calculated as restaurant operating profit divided by restaurant sales
*Kona Grill Investor Relations Contact:*
Kona Grill, Inc.
Christi Hing, Chief Financial Officer
(480) 922-8100
investorrelations@konagrill.com Reported by GlobeNewswire 7 hours ago.
- Strengthens Balance Sheet with Strategic Private Placement of $5.6 million
- Targets China for International Development through a Master Franchise Agreement
- Commences Franchising of Kona Grill Brand in the U.S.
SCOTTSDALE, Ariz., May 10, 2018 (GLOBE NEWSWIRE) -- Kona Grill, Inc. (NASDAQ:KONA), an American grill and sushi bar, reported financial results for the first quarter ended March 31, 2018.
*First Quarter 2018 Key Items Compared to First Quarter 2017*
· Revenues decreased 7.1% to $42.0 million.
· Same-store sales decreased 8.3% compared to a 4.3% decrease from the prior year.
· Restaurant operating profit*, a non-GAAP measure, improved to $5.0 million or 11.9% as a percentage of revenues compared to $4.6 million or 10.1% as a percentage of revenues.
· Net loss of $2.5 million, or ($0.24) per share compared to net loss of $3.4 million, or ($0.33) per share in 2017.
· EBITDA improved $0.9 million to $1.5 million compared to $0.6 million in 2017.
* For a reconciliation of restaurant operating profit, EBITDA and Adjusted EBITDA to the most directly comparable financial measures presented in accordance with GAAP and a discussion of why the Company considers them useful, see the financial information accompanying this release.
“We remain focused and resilient in this challenging industry environment. We continue to focus on service, hospitality and cleanliness to ensure our restaurants provide a great experience to each of our guests. We have many initiatives in place to take Kona Grill to the next level, including several involving menu innovation and increasing the frequency of guest visits” said Berke Bakay, President and CEO of Kona Grill.
“During the quarter, we saw measurable improvements in operating margins from cost-savings initiatives implemented under our new operational leadership team. These initiatives include reducing the amount of discounts and promotional activity which has negatively impacted sales, but has significantly improved profitability. As a result of these efforts, during the first quarter of 2018, restaurant operating profit improved $0.4 million or 8.7% while EBITDA improved $0.9M or 140% compared to the first quarter of 2017,” he continued.
“As previously announced, we completed a private placement at a premium and raised $5.6 million in capital. We’ll use the funds raised to pay down our revolving credit facility as well as working capital. As part of the transaction, we appointed hotel magnate, Alex Zheng, to our Board of Directors as Vice-Chairman. Alex brings a wealth of knowledge and experience to our board and also the potential to grow the brand in China through a master franchise agreement,” he continued.
“We are also excited to announce that we have filed registration statements in certain states where required to expand the Kona Grill brand in the United States through franchising. We believe a dual strategy of both company-owned and franchised restaurants allows for the optimal expansion of the brand in many markets throughout the U.S. To this end, we are working on a smaller prototype of between 5,000 and 5,300 square feet, to improve the portability of the brand in both U.S. and international markets,” he concluded.
*Conference Call*
Kona Grill will hold a conference call today at 5:00 p.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2018. The Company’s President and CEO Berke Bakay and CFO Christi Hing will host the call, followed by a question and answer session.
The conference call will be broadcast over the internet via the investors section of the Company’s website at www.konagrill.com. Additionally, investors may dial 1-323-794-2423 to participate in the call.
*About Kona Grill*
Kona Grill features a global menu of contemporary American favorites, award-winning sushi, and specialty cocktails in an upscale casual atmosphere. Kona Grill owns and operates 46 restaurants, guided by a passion for quality food and exceptional service. Restaurants are located in 23 states and Puerto Rico: Alabama (Huntsville); Arizona (Chandler, Gilbert, Phoenix, Scottsdale (2)); California (Irvine); Colorado (Denver); Connecticut (Stamford); Florida (Miami, Tampa, Sarasota, Winter Park); Georgia (Alpharetta); Hawaii (Honolulu); Illinois (Lincolnshire, Oak Brook); Indiana (Carmel); Idaho (Boise); Louisiana (Baton Rouge); Maryland (Baltimore); Michigan (Troy); Minnesota (Eden Prairie, Minnetonka); Missouri (Kansas City); Nebraska (Omaha); New Jersey (Woodbridge); Nevada (Las Vegas(2)); Ohio (Cincinnati, Columbus); Puerto Rico (San Juan); Tennessee (Franklin); Texas (Austin, Dallas, El Paso, Friendswood, Fort Worth, Houston, Plano, San Antonio(2), The Woodlands); Virginia (Arlington, Fairfax, Richmond). Additionally, Kona Grill has three restaurants that operate under a franchise agreement in Dubai, United Arab Emirates; Vaughan, Canada and Monterrey, Mexico. For more information, visit www.konagrill.com.
*Forward-Looking Statements*
Various remarks we make about future expectations, plans, and prospects for the Company constitute forward-looking statements for purposes of the Safe Harbor provisions under the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding our expectations, beliefs, intentions, plans, objectives, goals, strategies, future events, or performance and underlying assumptions and other statements that are not purely historical. These statements relate to our future financial performance and development plans, including but not limited to those relating to our sales trends, projected earnings, expenses, and capital expenditures for 2018, expectations of new store openings as well as international franchise development in 2018 and beyond and availability of capital. We have attempted to identify these statements by using forward-looking terminology such as “may,” “will,” “anticipates,” “expects,” “believes,” “intends,” “should,” or comparable terms. All forward-looking statements included in this press release are based on information available to us on the date of this release and we assume no obligation to update these forward-looking statements for any reason. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those described in the statements. Investors are referred to the full discussion of risks and uncertainties associated with forward-looking statements and the discussion of risk factors contained in the company's filings with the Securities and Exchange Commission.
*KONA GRILL INC.*
*CONDENSED CONSOLIDATED BALANCE SHEETS*
(In thousands)
*March 31,* *December 31,*
*2018* *2017*
*Assets* (unaudited)
Cash and cash equivalents $ 3,716 $ 5,042
Other current assets 3,541 4,002
Other assets 1,212 1,116
Property, plant and equipment, net 78,542 81,639
Total assets $ 87,011 $ 108,383
*Liabilities and Stockholders' Equity*
Current liabilities $ 18,502 $ 16,603
Long-term debt 32,860 36,921
Long-term obligations 32,482 32,612
Stockholders' equity 3,167 5,663
Total liabilities and stockholders' equity $ 87,011 $ 108,383
*KONA GRILL, INC.*
*CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS*
(In thousands, except per share amounts)
* * *Three Months Ended*
* * *March 31,*
* * *2018* * * *2017*
* * (Unaudited)
* *
Revenue $ 42,017 $ 45,225
Costs and expenses:
Cost of sales 10,808 12,553
Labor 15,399 16,725
Occupancy 4,228 4,080
Restaurant operating expenses 6,597 7,283
General and administrative 3,470 3,632
Preopening expense - 336
Depreciation and amortization 3,362 3,658
Total costs and expenses 43,864 48,267
Loss from operations (1,847 ) (3,042 )
Write-off of deferred financing costs 37 -
Interest expense, net 604 306
Loss before income taxes (2,488 ) (3,348 )
Income tax benefit (expense) 28 (25 )
Net loss $ (2,460 ) $ (3,373 )
Net loss per share:
Basic and diluted $ (0.24 ) $ (0.33 )
Weighted average shares outstanding:
Basic and diluted 10,110 10,177
Comprehensive loss $ (2,460 ) $ (3,373 )
*KONA GRILL, INC.*
*NON-GAAP RECONCILIATIONS*
(In thousands)
(Unaudited)
We prepare our financial statements in accordance with U.S. GAAP. Within our press release, we make reference to non-GAAP EBITDA and Restaurant Operating Profit. Restaurant Operating Profit is defined as revenue minus cost of sales, labor, occupancy and restaurant operating expenses. Restaurant Operating profit does not include general and administrative expenses, depreciation and amortization, asset impairment charge or preopening expenses. We believe Restaurant Operating Profit is an important component of financial results because: (i) it is a widely used metric within the restaurant industry to evaluate restaurant-level productivity, efficiency, and performance; and (ii) we use Restaurant Operating Profit as a key metric to evaluate our restaurant financial performance compared to that of our competitors.
EBITDA and Adjusted EBITDA. EBITDA is defined as net income (loss) plus the sum of interest, taxes, depreciation and amortization. Adjusted EBITDA is defined as EBITDA plus unusual or non-recurring items, such as impairment, lease termination and exit costs and write-off of deferred financing costs. EBITDA and Adjusted EBITDA are presented because: (i) we believe it is a useful measure for investors to assess the operating performance of our business; (ii) we believe that investors will find these measures useful in assessing our ability to service or incur indebtedness; and (iii) we use EBITDA and Adjusted EBITDA internally as a benchmark to evaluate our operating performance and compare our performance to that of our competitors.
*Three Months Ended*
*March 31,*
*2018* * * *2017*
Net loss $ (2,460 ) $ (3,373 )
Income tax (benefit) expense (28 ) 25
Interest expense, net 604 306
Depreciation and amortization 3,362 3,658
EBITDA 1,478 616
Write-off of deferred financing costs 37 -
Adjusted EBITDA $ 1,515 $ 616
General and administrative 3,470 3,632
Preopening Expense - 336
Restaurant operating profit *$* * ** **4,985 * *$* * ** **4,584 *
Restaurant operating profit margin (A) 11.9 % 10.1 %
(A) Restaurant operating profit margin is calculated as restaurant operating profit divided by restaurant sales
*Kona Grill Investor Relations Contact:*
Kona Grill, Inc.
Christi Hing, Chief Financial Officer
(480) 922-8100
investorrelations@konagrill.com Reported by GlobeNewswire 7 hours ago.
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Rimini Street Announces Fiscal First Quarter 2018 Financial Results
LAS VEGAS--(BUSINESS WIRE)--#RMNI--Rimini Street Announces Fiscal First Quarter 2018 Financial Results; Quarterly net revenue of $59.8 million
Reported by Business Wire 6 hours ago.
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Rimini Street Launches Support for Salesforce Sales Cloud and Salesforce Service Cloud Products
LAS VEGAS--(BUSINESS WIRE)--#independentsupport--Rimini Street extends its proven, award-winning support to leading SaaS applications and optimizes total cost of operations
Reported by Business Wire 6 hours ago.
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Quorum Health Corporation to Participate in May Healthcare Conferences
BRENTWOOD, Tenn.--(BUSINESS WIRE)--Quorum Health Corporation (NYSE: QHC) announced today that members of the Company’s management team will present at the following conferences during the month of May: Thursday, May 17, 2018 at 8:40 a.m. (PDT) at the Bank of America Merrill Lynch 2018 Healthcare Conference in Las Vegas, Nevada. Tuesday, May 22, 2018 at 8:00 a.m. (EDT) at the UBS Global Healthcare Conference in New York City, New York. A live audio webcast of these presentations will be availabl
Reported by Business Wire 6 hours ago.
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Aclaris Therapeutics to Attend Upcoming Investor Conferences
WAYNE, Pa., May 10, 2018 (GLOBE NEWSWIRE) -- Aclaris Therapeutics, Inc. (NASDAQ:ACRS), a dermatologist-led biopharmaceutical company committed to identifying, developing, and commercializing innovative therapies to address significant unmet needs in aesthetic and medical dermatology and immunology, today announced that management will attend the following conferences:· Management will host investor meetings during the Bank of America Merrill Lynch’s 2018 Healthcare Conference in Las Vegas, NV on Wednesday, May 16, 2018.· Dr. Neal Walker, President and Chief Executive Officer, will present at the Jefferies 2018 Healthcare Conference in New York, NY on Tuesday, June 5, 2018 at 1:30 PM EST. Management will also host investor meetings on Tuesday, June 5, 2018.· Dr. Neal Walker, President and Chief Executive Officer, will present at the William Blair 38^th Annual Growth Stock Conference in Chicago, IL on Wednesday, June 13, 2018 at 11:20 PM CT. Management will also host investor meetings on Wednesday, June 13, 2018.· Management will participate on panels and host investor meetings during the 2018 Cantor Dermatology & Aesthetics Summit in New York, NY on Tuesday, June 19, 2018.· Management will participate on a panel and host investor meetings during the 2018 JMP Securities Life Sciences Conference in New York, NY on Wednesday, June 20, 2018.
A live webcast of the Jefferies 2018 Healthcare Conference presentation and the William Blair 38^th Annual Growth Stock Conference presentation may be accessed through the Company's web site, www.aclaristx.com, on the 'Events and Presentations' section. An archived version of the presentation will be available for 30 days.
*About** **Aclaris Therapeutics, Inc.*
Aclaris Therapeutics, Inc. is a dermatologist-led biopharmaceutical company committed to identifying, developing, and commercializing innovative therapies to address significant unmet needs in dermatology, both aesthetic and medical, and immunology. Aclaris’ focus on market segments with no FDA-approved medications or where treatment gaps exist has resulted in the first FDA-approved treatment for raised seborrheic keratoses and several clinical programs to develop medications for the potential treatment of common warts, alopecia areata, and vitiligo. For additional information, please visit www.aclaristx.com and follow Aclaris on LinkedIn.
Contact:
Aclaris Contact
Michael Tung, M.D.
Senior Vice President
Corporate Strategy / Investor Relations
484-329-2140
mtung@aclaristx.com Reported by GlobeNewswire 6 hours ago.
A live webcast of the Jefferies 2018 Healthcare Conference presentation and the William Blair 38^th Annual Growth Stock Conference presentation may be accessed through the Company's web site, www.aclaristx.com, on the 'Events and Presentations' section. An archived version of the presentation will be available for 30 days.
*About** **Aclaris Therapeutics, Inc.*
Aclaris Therapeutics, Inc. is a dermatologist-led biopharmaceutical company committed to identifying, developing, and commercializing innovative therapies to address significant unmet needs in dermatology, both aesthetic and medical, and immunology. Aclaris’ focus on market segments with no FDA-approved medications or where treatment gaps exist has resulted in the first FDA-approved treatment for raised seborrheic keratoses and several clinical programs to develop medications for the potential treatment of common warts, alopecia areata, and vitiligo. For additional information, please visit www.aclaristx.com and follow Aclaris on LinkedIn.
Contact:
Aclaris Contact
Michael Tung, M.D.
Senior Vice President
Corporate Strategy / Investor Relations
484-329-2140
mtung@aclaristx.com Reported by GlobeNewswire 6 hours ago.
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Common Sense: With Steve Wynn Gone, ‘Queen of Las Vegas’ Does Boardroom Battle
Elaine Wynn, the casino and resort company’s largest shareholder and Mr. Wynn’s ex-wife, is fighting to oust a longtime board member who is close to Mr. Wynn.
Reported by NYTimes.com 5 hours ago.
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Monte Carlo casino-resort officially renamed as Park MGM
LAS VEGAS (AP) — The antiquated Monte Carlo casino-resort in Las Vegas has officially shed its name for Park MGM. MGM Resorts International and New York hotelier Sydell Group have been transforming the decades old property for more than a year. Construction work is still ongoing and is expected to be completed later this year. […]
Reported by Seattle Times 2 hours ago.
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Nevada Supreme Court says the state can go ahead with its first execution in 12 years.
LAS VEGAS (AP) — Nevada Supreme Court says the state can go ahead with its first execution in 12 years.
Reported by Seattle Times 2 hours ago.
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Nevada court OKs execution, rejects challenges on procedure
LAS VEGAS (AP) — The Nevada Supreme Court says the state can go ahead with its first execution in 12 years. In a blunt and unanimous ruling Thursday, the state’s highest court said federal public defenders and the American Civil Liberties Union used the wrong process to try to stop Scott Raymond Dozier from getting […]
Reported by Seattle Times 2 hours ago.
↧
Follow live: Preds, Jets face off in Game 7
Nashville plays host to Winnipeg as the teams battle for a spot in the Western Conference finals versus Las Vegas.
Reported by ESPN 3 hours ago.
↧
Mariah Carey breaks internet with news she will swap Las Vegas residency for Blackpool gig
The songstress, 48, stunned fans when it was announced she will take a break from her Las Vegas residency to perform at Blackpool over the summer.
Reported by MailOnline 58 minutes ago.
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↧
Casino Companies Get Good News From Japan
MGM, Las Vegas Sands, and Melco are eagerly awaiting a final decision.
Reported by Motley Fool 30 minutes ago.
↧
Sienna Biopharmaceuticals to Present at BAML Health Care Conference
WESTLAKE VILLAGE, Calif., May 11, 2018 (GLOBE NEWSWIRE) -- Sienna Biopharmaceuticals, Inc. (NASDAQ:SNNA) today announced that Frederick C. Beddingfield III, M.D., Ph.D., President and Chief Executive Officer of Sienna, is scheduled to present at the Bank of America Merrill Lynch Health Care Conference 2018, Tuesday, May 15, 2018, 1:40 p.m. PDT, in Las Vegas.The presentation will be webcast live and can be accessed through the Investor Relations section of the Company’s website at Investors.SiennaBio.com. An archived version of the webcast will be available approximately two hours following the live presentation for 90 days.
*About Sienna Biopharmaceuticals*
Sienna Biopharmaceuticals, Inc. is a clinical-stage biopharmaceutical company focused on bringing innovations in biotechnology to the discovery, development and commercialization of first-in-class, targeted, topical products in medical dermatology and aesthetics. The Company’s objective is to develop an innovative, diversified, multi-asset pipeline of topical therapies that enhance the health, appearance and quality of life of dermatology and aesthetics patients. Sienna is led by a management team with extensive experience in product development and commercialization at several leading dermatology, aesthetics and biotechnology companies.
For more information, visit the Company’s website at www.SiennaBio.com.
*Contact:*
Sean Andrews *(Investors)*
sandrews@siennabio.com
818-629-2244
Crystal Muilenburg *(Media)*
cmuilenburg@siennabio.com
818-584-1035
Sienna Biopharmaceuticals, Inc.
30699 Russell Ranch Road, Suite 140, Westlake Village, CA 91362
Office 818-629-2256 | Fax 818-706-1214
www.SiennaBio.com Reported by GlobeNewswire 14 hours ago.
*About Sienna Biopharmaceuticals*
Sienna Biopharmaceuticals, Inc. is a clinical-stage biopharmaceutical company focused on bringing innovations in biotechnology to the discovery, development and commercialization of first-in-class, targeted, topical products in medical dermatology and aesthetics. The Company’s objective is to develop an innovative, diversified, multi-asset pipeline of topical therapies that enhance the health, appearance and quality of life of dermatology and aesthetics patients. Sienna is led by a management team with extensive experience in product development and commercialization at several leading dermatology, aesthetics and biotechnology companies.
For more information, visit the Company’s website at www.SiennaBio.com.
*Contact:*
Sean Andrews *(Investors)*
sandrews@siennabio.com
818-629-2244
Crystal Muilenburg *(Media)*
cmuilenburg@siennabio.com
818-584-1035
Sienna Biopharmaceuticals, Inc.
30699 Russell Ranch Road, Suite 140, Westlake Village, CA 91362
Office 818-629-2256 | Fax 818-706-1214
www.SiennaBio.com Reported by GlobeNewswire 14 hours ago.
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Mariah Carey MOCKED as she swaps Las Vegas residency to perform in Blackpool
Mariah Carey has been booked to play in Blackpool [Getty] Fans were in complete shock as it was announced that We Belong Together songstress Mariah Carey would be taking a break from her Las Vegas residency – and instead be performing in Blackpool. The announcement was met with hilarious comments as fans shared their utter disbelief that she would be appearing in the popular town, known mainly for its famous Pleasure Beach and landmark Blackpool Tower. Fans in their ...
Reported by OK! 13 hours ago.
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Peabo Bryson Announces Twenty-First Studio Album "Stand For Love" Available On August 3
GRAMMY award-winning R&B, Soul singer-songwriter’s highly anticipated project is immediately available for pre-order.
NASHVILLE, Tenn. (PRWEB) May 11, 2018
Today, the legendary recording artist, Peabo Bryson, is pleased to announce his highly-anticipated twenty-first studio album, "Stand For Love," will be released August 3, 2018. The album, which is immediately available for pre-order includes instant downloads of Peabo’s recently released hit single “Love Like Yours And Mine” (which is the fastest rising single on the Urban AC charts at *13 after only 4 weeks) and the soon to be steppers anthem “All She Wants To Do Is Me” (which premiered on an episode of "The Chi," earlier this year).
“Music is my passion and when it feels right, like "Stand For Love" does, the whole world has an opportunity to experience the same energy,” said Bryson. “All of the right elements fell into place for this project and I challenged Jimmy Jam and Terry Lewis to make me current…while maintaining the integrity of what I have built as an important body of work. I have to say, it is nothing less than amazing!”
“Stand For Love” showcases Peabo’s broad vocal range and musical skill as he continues to delight fans eager to hear from him, while welcoming new fans who appreciate great music. Counted among the world’s most dynamic and gifted vocal talents, Peabo is a world-renowned balladeer with a career that includes two GRAMMYs®, two Oscars®, multiple gold albums, multiple #1 songs and chart-topping singles in R&B, Pop and Contemporary Jazz.
He brings that talent back home to the Capitol Music Group family after signing with Jam and Lewis’ Perspective Records, distributed by Caroline.
The album adds to the fabric of great R&B music and the soundtrack of our lives, by providing music that feels good and includes the one thing that we all need…love. “Stand For Love” reminds people of the fundamentals of life while engaging them in an emotional, yet experienced, vocal journey.
“STAND FOR LOVE” Tracklisting:
1. All She Wants To Do Is Me
2. Love Like Yours And Mine
3. Looking For Sade
4. Stand For Love
5. Goosebumps (Never Lie)
6. Exotic
7. Here For You
8. Smile
9. Peabo’s Classics Medley Live From Los Angeles (“Feel The Fire”, “I’m So Into You”, “Tonight I Celebrate My Love”)
“Peabo is just one of the greatest voices of our time,” said Jimmy Jam and Terry Lewis in a joint statement. “He exudes a class and sophistication that’s so needed in music today. I know R&B needs Peabo Bryson especially now. And his fans both old and new will fall in love with “Stand For Love.”
With the release of “Stand For Love,” Peabo is excited to share his timeless new music, along with his classic fan favorites, during the following performances (with more dates to be added):· 5/25/18 – Nashville, TN @ Music City Jazz Festival
· 6/1/18 – Birmingham, AL @ Steel City Jazz Festival
· 6/8/18 – Cincinnati, OH @ Celebration of Black Music (Hyatt, Regency)
· 6/17/18 – San Francisco, CA @ Stern Grove Festival
· 7/20/18 – Los Angeles, CA @ Microsoft Theater
· 8/1/18 – Detroit, MI @ Chene Park Amphitheater
· 8/3/18 – Willimantic, CT @ Jillson Square Park
· 9/2/18 – Atlanta, GA @ Mable House Barnes Amphitheater
· 9/14/18 – Dallas, TX @ Arena Theater
· 10/6/18 – Las Vegas, NV @ Orleans Hotel & Casino
· 10/10/18 – Perry, GA @ GA National Fairgrounds
Learn more about Peabo by visiting http://www.therealpeabobryson.com or connecting via social media on Twitter (@PeaboBryson2) or Facebook (@PeaboBrysonOfficial).
PRE-ORDER NEW PEABO ALBUM STAND FOR LOVE:
Peabo’s new album, for pre-order, can be found here: https://PeaboBryson.lnk.to/StandForLove
ABOUT PERSPECTIVE RECORDS
"Stand For Love" is released on the Jam & Lewis helmed Perspective Records distributed by Caroline. Reported by PRWeb 12 hours ago.
NASHVILLE, Tenn. (PRWEB) May 11, 2018
Today, the legendary recording artist, Peabo Bryson, is pleased to announce his highly-anticipated twenty-first studio album, "Stand For Love," will be released August 3, 2018. The album, which is immediately available for pre-order includes instant downloads of Peabo’s recently released hit single “Love Like Yours And Mine” (which is the fastest rising single on the Urban AC charts at *13 after only 4 weeks) and the soon to be steppers anthem “All She Wants To Do Is Me” (which premiered on an episode of "The Chi," earlier this year).
“Music is my passion and when it feels right, like "Stand For Love" does, the whole world has an opportunity to experience the same energy,” said Bryson. “All of the right elements fell into place for this project and I challenged Jimmy Jam and Terry Lewis to make me current…while maintaining the integrity of what I have built as an important body of work. I have to say, it is nothing less than amazing!”
“Stand For Love” showcases Peabo’s broad vocal range and musical skill as he continues to delight fans eager to hear from him, while welcoming new fans who appreciate great music. Counted among the world’s most dynamic and gifted vocal talents, Peabo is a world-renowned balladeer with a career that includes two GRAMMYs®, two Oscars®, multiple gold albums, multiple #1 songs and chart-topping singles in R&B, Pop and Contemporary Jazz.
He brings that talent back home to the Capitol Music Group family after signing with Jam and Lewis’ Perspective Records, distributed by Caroline.
The album adds to the fabric of great R&B music and the soundtrack of our lives, by providing music that feels good and includes the one thing that we all need…love. “Stand For Love” reminds people of the fundamentals of life while engaging them in an emotional, yet experienced, vocal journey.
“STAND FOR LOVE” Tracklisting:
1. All She Wants To Do Is Me
2. Love Like Yours And Mine
3. Looking For Sade
4. Stand For Love
5. Goosebumps (Never Lie)
6. Exotic
7. Here For You
8. Smile
9. Peabo’s Classics Medley Live From Los Angeles (“Feel The Fire”, “I’m So Into You”, “Tonight I Celebrate My Love”)
“Peabo is just one of the greatest voices of our time,” said Jimmy Jam and Terry Lewis in a joint statement. “He exudes a class and sophistication that’s so needed in music today. I know R&B needs Peabo Bryson especially now. And his fans both old and new will fall in love with “Stand For Love.”
With the release of “Stand For Love,” Peabo is excited to share his timeless new music, along with his classic fan favorites, during the following performances (with more dates to be added):· 5/25/18 – Nashville, TN @ Music City Jazz Festival
· 6/1/18 – Birmingham, AL @ Steel City Jazz Festival
· 6/8/18 – Cincinnati, OH @ Celebration of Black Music (Hyatt, Regency)
· 6/17/18 – San Francisco, CA @ Stern Grove Festival
· 7/20/18 – Los Angeles, CA @ Microsoft Theater
· 8/1/18 – Detroit, MI @ Chene Park Amphitheater
· 8/3/18 – Willimantic, CT @ Jillson Square Park
· 9/2/18 – Atlanta, GA @ Mable House Barnes Amphitheater
· 9/14/18 – Dallas, TX @ Arena Theater
· 10/6/18 – Las Vegas, NV @ Orleans Hotel & Casino
· 10/10/18 – Perry, GA @ GA National Fairgrounds
Learn more about Peabo by visiting http://www.therealpeabobryson.com or connecting via social media on Twitter (@PeaboBryson2) or Facebook (@PeaboBrysonOfficial).
PRE-ORDER NEW PEABO ALBUM STAND FOR LOVE:
Peabo’s new album, for pre-order, can be found here: https://PeaboBryson.lnk.to/StandForLove
ABOUT PERSPECTIVE RECORDS
"Stand For Love" is released on the Jam & Lewis helmed Perspective Records distributed by Caroline. Reported by PRWeb 12 hours ago.
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Tenet to Participate in the Bank of America Merrill Lynch 2018 Healthcare Conference
DALLAS--(BUSINESS WIRE)--Tenet Healthcare Corporation (NYSE: THC) will participate in the Bank of America Merrill Lynch Healthcare Conference in Las Vegas on Thursday, May 17, 2018. Members of senior management will speak at the conference at approximately 11:40 a.m. ET. A live webcast may be accessed through the investor relations section of Tenet’s website, www.tenethealth.com/investors. About Tenet Healthcare Tenet Healthcare Corporation is a diversified healthcare services company with appr
Reported by Business Wire 12 hours ago.
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Out Now: Andrew Rayel, “Dark Resistance” (inHarmony Music)
“Dark Resistance” evokes majestic ebony-colored horses of the night galloping into the darkness, their manes ablaze in glory. Andrew Rayel delivers his latest big club hit with “Dark Resistance.”
NEW YORK (PRWEB) May 11, 2018
Cosmic. Hurtling. Enigmatic. Like the mysterious yet critically important dark matter of the cosmos and the even more outlandish dark energy, Andrew Rayel’s music has an inexplicable pull on all who perceive it. Andrew Rayel’s “Dark Resistance” (inHarmony Music) is out now.
The Radio Edit evokes an army of galloping horses with its formidable beat. As the ground shakes, the bassline rumbles and quakes under the weight of sonic Spartans set off to do battle. The minor-key of this track suspends tension in the air as the mood conjures visions of riding out into the dark night. Imagine mysterious, ebony-colored horses, their manes of fury ablaze against a black night sky. Like wild forest-fires of the mind, the horns are insistent and commanding. The energy builds as Rayel drives the beat forward. “Dark Resistance” is a triumph of will and a victory for music-lovers throughout the galaxy. The Original Mix adds militant drums to the intro, but it’s the propulsive rhythm that lends the track its weight. With “Dark Resistance,” Andrew Rayel seems to be telling listeners, “Get up! Let’s go! It’s time to move out!” It becomes physically impossible to lay back and relax if this track is being played, such is its careening momentum.
“Dark Resistance” is a joy-ride of a tune with a sinister twist.
About Andrew Rayel
Hailed by Armin van Buuren as “the future of trance music,” Andrew Rayel (real name: Andrei Rata) is a classically trained electronic dance music DJ and producer from Moldova often referred to as the “modern-day Mozart.” As a DJ, Rayel exudes an unbridled enthusiasm for the music he plays and his onstage performances are electric and filled with physical energy. Drenched in a well-earned sweat after every set, Rayel earns his position as a bandleader, stirring up his crowds’ passion as much with his music selection as with his bodily vigor. He has DJ’d the world’s biggest festivals, including: Ultra Music Festival in Miami, TomorrowLand in Belgium and TomorrowWorld in Atlanta, Stereosonic in Australia, Global Gathering in the UK and other countries, Electric Daisy Carnival in Las Vegas, Electric Zoo in New York, Transmission Festival in various countries, Ministry of Sound in the UK, Dreamstate in San Bernardino, Electronic Family in Amsterdam, Zoukout in Singapore and Together Festival in Thailand. Rayel is a regular on the lineup at various ASOT stages around the world. Nightclub residencies have him performing onstage at super-clubs, including: Marquee Nightclub & Dayclub in Las Vegas, Marquee and LAVO in New York, Ushuaïa Beach Club in Ibiza, Zouk in Singapore and Kuala Lumpur, Escape in Amsterdam and Ministry of Sound in London.
Listen to Andrew Rayel’s “Dark Resistance,” here: https://IHM018.lnk.to/DR
For information on Andrew Rayel, Paul Damixie, Fatum, MaRLo, Maro Music (Marek Walaszek), NativeOrigin303, NKRIOT, Zander (Traveler), Alex Ariete, Brussels Airlines (proud partner of Tomorrowland), FINLAY, Ben Rauch, and artists like Armin van Buuren, contact EMILY TAN Media Relations (U.S.), +1(917) 318-3758, EmilyEmilyTan@aol.com. Follow EMILY TAN Media Relations on Twitter @EmilyEmilyTan and LinkedIn http://www.linkedin.com/pub/emily-tan/4/342/70b.
# # # Reported by PRWeb 11 hours ago.
NEW YORK (PRWEB) May 11, 2018
Cosmic. Hurtling. Enigmatic. Like the mysterious yet critically important dark matter of the cosmos and the even more outlandish dark energy, Andrew Rayel’s music has an inexplicable pull on all who perceive it. Andrew Rayel’s “Dark Resistance” (inHarmony Music) is out now.
The Radio Edit evokes an army of galloping horses with its formidable beat. As the ground shakes, the bassline rumbles and quakes under the weight of sonic Spartans set off to do battle. The minor-key of this track suspends tension in the air as the mood conjures visions of riding out into the dark night. Imagine mysterious, ebony-colored horses, their manes of fury ablaze against a black night sky. Like wild forest-fires of the mind, the horns are insistent and commanding. The energy builds as Rayel drives the beat forward. “Dark Resistance” is a triumph of will and a victory for music-lovers throughout the galaxy. The Original Mix adds militant drums to the intro, but it’s the propulsive rhythm that lends the track its weight. With “Dark Resistance,” Andrew Rayel seems to be telling listeners, “Get up! Let’s go! It’s time to move out!” It becomes physically impossible to lay back and relax if this track is being played, such is its careening momentum.
“Dark Resistance” is a joy-ride of a tune with a sinister twist.
About Andrew Rayel
Hailed by Armin van Buuren as “the future of trance music,” Andrew Rayel (real name: Andrei Rata) is a classically trained electronic dance music DJ and producer from Moldova often referred to as the “modern-day Mozart.” As a DJ, Rayel exudes an unbridled enthusiasm for the music he plays and his onstage performances are electric and filled with physical energy. Drenched in a well-earned sweat after every set, Rayel earns his position as a bandleader, stirring up his crowds’ passion as much with his music selection as with his bodily vigor. He has DJ’d the world’s biggest festivals, including: Ultra Music Festival in Miami, TomorrowLand in Belgium and TomorrowWorld in Atlanta, Stereosonic in Australia, Global Gathering in the UK and other countries, Electric Daisy Carnival in Las Vegas, Electric Zoo in New York, Transmission Festival in various countries, Ministry of Sound in the UK, Dreamstate in San Bernardino, Electronic Family in Amsterdam, Zoukout in Singapore and Together Festival in Thailand. Rayel is a regular on the lineup at various ASOT stages around the world. Nightclub residencies have him performing onstage at super-clubs, including: Marquee Nightclub & Dayclub in Las Vegas, Marquee and LAVO in New York, Ushuaïa Beach Club in Ibiza, Zouk in Singapore and Kuala Lumpur, Escape in Amsterdam and Ministry of Sound in London.
Listen to Andrew Rayel’s “Dark Resistance,” here: https://IHM018.lnk.to/DR
For information on Andrew Rayel, Paul Damixie, Fatum, MaRLo, Maro Music (Marek Walaszek), NativeOrigin303, NKRIOT, Zander (Traveler), Alex Ariete, Brussels Airlines (proud partner of Tomorrowland), FINLAY, Ben Rauch, and artists like Armin van Buuren, contact EMILY TAN Media Relations (U.S.), +1(917) 318-3758, EmilyEmilyTan@aol.com. Follow EMILY TAN Media Relations on Twitter @EmilyEmilyTan and LinkedIn http://www.linkedin.com/pub/emily-tan/4/342/70b.
# # # Reported by PRWeb 11 hours ago.
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Dominic Smith heading to Mets from Las Vegas, source says
PHILADELPHIA -- For a weekend, Dominic Smith is back in the big leagues.
Reported by Newsday 10 hours ago.
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