tyb's
==POTUS Bypasses Congress To Approve $8 Billion In Arms Sales To Saudi Arabia, UAE
Not long after he reportedly agreed to send another 1,500-2,000 troops to the Middle East in yet another show of strength to combat an increasingly belligerent Iran, President Trump steamrolled Congress on Friday to approve $8 billion in arms sales to the UAE and Saudi Arabia and expedite delivery, WSJ reports.
The administration invoked a rarely used provision of American arms control laws to bypass Congress and approve the weapons sales, citing the escalating tensions with Iran as justification. WSJ's sources said the $8 billion figure encapsulates a package of 22 separate deals.
Predictably, Democratic lawmakers who have opposed selling more arms to Saudi Arabia groused about the administration's latest Congressional end-run.
"If Iran’s provocations or the Syrian civil war is an emergency under the statute, then there’s a permanent emergency in the Middle East that will never allow Congress to oversee an arms sale," said Sen. Chris Murphy (D., Conn.), a critic of Trump administration policy in the Middle East.
Rep. Eliot Engel (D., N.Y.), chairman of the House Foreign Affairs Committee, called the decision "another slap in Congress’s face."
"Congress wrote the law so that weapon sales would reflect broad consensus on foreign policy, consistent with our values, and the notion that there’s an emergency that justified upending our checks and balances is false, plain and simple," he said.
For the past two years, Saudi Arabia has led the world in arms purchases - and the US has been its top supplier.
Support has been growing in Congress - among both Democrats and Republicans - to oppose more arms sales to Saudi Arabia over the kingdom's involvement in the proxy war in Yemen. But given its longstanding rivalry with Iran, Saudi Arabia remains an important ally in that fight.
https://www.zerohedge.com/news/2019-05-24/trump-bypasses-congress-approve-8-billion-arms-sales-saudi-arabia-uae
the comments on that are just pure comedy….
Papa John's CEO sells $157.47m in shares May 21
Cap#1 is filing from yesterday. Cap#2 is most recent. Add them together-pepe has enough of these to do.
Papa John's International, Inc. (Papa John's) operates and franchises pizza delivery and carryout restaurants and, in certain international markets, dine-in and delivery restaurants under the trademark Papa John's. The Company operates through five segments: domestic Company-owned restaurants, North America commissaries, North America franchising, international operations and all other business units. North America is defined as the United States and Canada. Domestic is defined as the contiguous United States. International franchisees are defined as all franchise operations outside of the United States and Canada. As of December 25, 2016, there were 5,097 Papa John's restaurants in operation, consisting of 744 Company-owned and 4,353 franchised restaurants operating domestically in all 50 states and in 45 countries and territories. It offers pizza along with side items, including breadsticks, cheesesticks, chicken poppers and wings, dessert items and canned or bottled beverages.
Number of employees : 22 400 people.
https://www.marketscreener.com/PAPA-JOHN-S-INT-L-INC-10589/company/
Papa John’s founder John Schnatter sells 3.8 million shares, but remains largest shareholder for now
*Papa John’s founder John Schnatter has been selling his shares in the pizza chain.
*Schnatter has not had a formal role with the company since April when his term on the board expired.
*He remains the company’s largest shareholder.
Papa John’s founder John Schnatter has been selling his shares in the company but remains its largest shareholder.
Shares of the pizza chain were up modestly late-morning Thursday after falling 2% in premarket trading. The stock, which has a market value of $1.5 billion, is up 19% so far this year.
Earlier this month, Schnatter said in a regulatory filing that he had solicited financial advisors for help selling all or part of his stake in the company he founded.
Since then, he has sold 3.8 million shares and now owns about 6.1 million shares, according to a regulatory filing Thursday. Schnatter’s stake in the company is now about 19%, down from roughly 31% before he began selling the stock.
But he will not be selling any more of his shares until Aug. 19 as part of a private placement sale with UBS, which purchased roughly 3.4 million shares from him Tuesday. He netted $157.5 million from the sale. Schnatter sold the other roughly 400,000 shares on the open market.
Ten months ago, the pizza chain ousted Schnatter as chairman after it was reported that he used a racial slur on a conference call.
Sales tumbled, and Papa John’s has struggled to recover.
https://www.cnbc.com/2019/05/23/papa-johns-founder-john-schnatter-sells-3point8-million-shares.html