US Dividends Aristocrats thread

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Visa is eyeing the opportunity beyond checkout — and estimates it’s worth $185 trillion
Feb. 20, 2021

Visa Chief Executive Al Kelly said on the company’s earnings call last month that “to the extent a specific digital currency becomes a recognized means of exchange, there’s no reason why we cannot add it to our network, which already supports over 160 currencies today.”

Outside of cryptocurrencies, Visa is also trying to attack the big opportunity it sees in commercial payments that ordinarily take place by check or bank wires and bypass the card networks.
 

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Movie Theaters Can Reopen in New York City on March 5, Gov. Cuomo Says — 4th Update
Feb 23, 2021

movie theaters in New York City will be limited to 25% capacity, must use assigned seats and require the use of masks. No more than 50 people could attend a screening and theaters must employ enhanced cleaning and ventilation protocols, he said.

"We look forward to expanding the capacity from 25% to 50% in the very near future so that theaters can operate profitably," Mr. Corcoan said.

New York and California are North America's two largest theatrical markets. The forced closure of theaters in both states have played a key role in Hollywood studios delaying the release of their highest-profile film releases, movies like MGM Holdings Inc.'s latest installment of the James Bond franchise, "No Time to Die," and Walt Disney Co. Marvel spinoff "Black Widow."
 

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Amgen Submits Supplemental New Drug Application for Otezla® (apremilast) for Adults with Mild-To-Moderate Plaque Psoriasis
Feb. 22, 2021

In the U.S., Otezla is approved for the treatment of adult patients with moderate-to-severe plaque psoriasis who are candidates for phototherapy or systemic therapy, adult patients with active psoriatic arthritis and for adult patients with oral ulcers associated with Behçet's Disease. Since its initial FDA approval in 2014, Otezla has been prescribed to more than 250,000 patients with moderate-to-severe plaque psoriasis or active psoriatic arthritis in the U.S.
 

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Northwell Health Uses Oracle Cloud to Help Manage COVID-19 Healthcare Crisis and Onboard 700 Temporary Workers
Feb 23, 2021,

With Oracle, Northwell Health is able to monitor available nursing resources, predict upcoming staffing needs and accommodate a continually shifting patient load.

Northwell Health operates 23 hospitals with a combined 74,000 employees across New York and treats millions of patients annually. In the fight against COVID-19, every minute counts and having quick access to astronomical amounts of data combined with powerful analytics to enable visibility into rapidly changing patient loads and staffing requirements has given Northwell Health the necessary speed to optimize patient care.
 

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How Top Real Estate Fund Managers Are Preparing for a Post-Covid World
Feb. 22, 2021

In other words, e-working will kill offices the same way e-commerce killed malls. East is so sure of his thesis that he has established short positions to bet against New York office real-estate investment trusts Vornado Realty Trust (VNO), SL Green (SLG), and Empire State Realty Trust (ESRT).

“Demand for mobile data is growing at 45% per year in the U.S.,” East says. “Those numbers are probably two times that in China.” The country’s cloud and data center infrastructure is behind the U.S., East adds. “They’re just now ramping up where our data center companies were five to eight years ago, and GDS is at the forefront of that.

Hotels are due for a comeback when the pandemic ends, investors say. “There is going to be pent up demand for business travel that is client based and also for the entertainment experience in general,” says manager Rick Romano of PGIM US Real Estate (PJEAX) “Leisure travel will pick up. When you look back at the [Spanish flu] pandemic in 1918, that led to the roaring ‘20s. People are just so eager to go out that we could see a period like that again from a leisure perspective.”
 

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M&T Bank Corporation Announces Agreement to Acquire People's United Financial, Inc.
Feb. 22, 2021

The combined company will create a diversified, community-focused banking franchise with approximately $200 billion in assets and a network of more than 1,100 branches and over 2,000 ATMs that spans 12 states from Maine to Virginia and the District of Columbia. The combined franchise will operate across some of the most populated and attractive banking markets in the U.S. As part of the transaction, People's United's current headquarters in Bridgeport, Connecticut will become the New England regional headquarters for M&T, further strengthening the combined company's commitment to Connecticut and the region.
 
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