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YouTube TV Loses ESPN, ABC, and All Other Disney-owned Channels

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YouTube TV customers have lost access to all Disney-owned channels including ESPN and ABC, as the companies failed to agree on a new contract before the previous one expired last night. YouTube TV customers will automatically get a $15-per-month discount for as long as the Disney channels remain blacked out, reducing the base plan cost from $65 to $50.

“Members, we worked hard to avoid this but were unable to reach a fair deal with Disney,” YouTube TV said. “We regret to share that as of December 17, all Disney-owned channels are unavailable on YouTube TV. While Disney content remains off our platform, we’ll decrease our price by $15/month. We know how frustrating it is to lose channels like ESPN and your local ABC station, and will continue conversations with Disney in hopes of restoring their content for you.”

The list of channels no longer on YouTube TV includes all local ABC channels, ABC News Live, Disney Channel, Disney Junior, Disney XD, Freeform, FX, FXX, FXM, National Geographic, National Geographic Wild, ESPN, ESPN2, ESPNU, ESPNEWS, SEC Network, and ACC Network. YouTube TV posted details on how credits will be issued on this webpage.

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Original Source: arstechnica.com

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Truist Sees 350% Upside on This Cancer-Focused Biopharma Stock – Read Why

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Truist has initiated coverage on Verastem Oncology Inc (NASDAQ: VSTM) with a Buy rating and $6.00 price target, equivalent to approximately 350% upside.
Analyst Srikripa Devarakonda notes that trading at about 2-times cash, the stock is “undervalued” given its programs in two cancers.
Devarakonda adds that the Verastem base case is supported by a $470 million unadjusted U.S. opportunity in the ovarian cancer program, “early but strong” clinical data, and positive expert feedback.
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Full story available on Benzinga.com

Article: benzinga.com

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“Peek Performance”: Apple’s Next Hardware Event Happens on March 8

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Apple will stream its next hardware event to the masses on March 8 at 10 am Pacific (1 pm Eastern), the company announced today. Invitations have already been sent to the press—though the event will be yet another prerecorded, streaming-only presentation with no media in attendance. Apple marketing SVP Greg Joswiak tweeted the now-customary Apple-logo-centric teaser video that doesn’t actually tease anything.

We never know exactly what will be announced at any given Apple event, but Bloomberg’s Mark Gurman reports that the lineup will include a refresh of the budget-friendly iPhone SE and the first iPad Air update in a little over a year.

Rumors have also circulated about updated designs and new Apple Silicon chips for the MacBook Air and the 13-inch MacBook Pro, and the high-end Intel Mac Mini, the 27-inch iMac, and the Mac Pro are all still running Intel chips. The characteristically cryptic “peek performance” tagline does at least hint at new chips for one or more Macs, whether that’s a truly next-gen Apple M2 for thin-and-light laptops or an M1 Pro/Max-focused refresh for the more powerful desktops.

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Original Article: arstechnica.com

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Charles River’s Q4 Earnings Beats Street Expectation, Reaffirms FY22 Outlook

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Charles River Laboratories International Inc’s (NYSE: CRLQ4 sales increased 14.4% Y/Y to $905.1 million, beating the consensus of $888.27 million.

Acquisitions contributed 5.9% to consolidated fourth-quarter revenue growth. Organic revenue growth was 10.5%, driven by contributions from all three business segments. 
Adjusted EPS reached $2.49 higher than $2.39 posted a year ago and …

Full story available on Benzinga.com

Article: benzinga.com

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