Latest news with #Marcus'
GMA Network
03-06-2025
- Entertainment
- GMA Network
Marcus Adoro to join Eraserheads at upcoming festival amid sexual assault allegations
The Eraserheads will perform with complete members at the Electric Fun Music Festival. Guitarist Marcus Adoro will join the band after it was announced that he will be stepping back due to the sexual assault and harassment allegations against him. In an official statement on Instagram, the festival producers said Adoro is "actively and legally addressing the baseless and false allegations that recently circulated online." 'Mr. Adoro maintains his innocence and has presented the steps he has taken to assert his innocence through the appropriate legal channels," they added. 'His legal counsel has also assured us that his participation in the festival will not hinder or delay their ongoing efforts to seek a fair and lawful resolution.' The producers clarified that they do not condone abuse in any form, but at the same time, "firmly reject the culture of trial by social media." 'We stand for due process, fairness, and the fundamental right of every individual to address accusations in a lawful and just manner.' With this, the Electric Fun Music Festival is pushing through 'with clarity, integrity, and our full commitment to the music and the community that brought us all together.' In 2019, Marcus' daughter Syd Hartha spoke up on the alleged physical and verbal abuse from her father. Marcus' ex-partner Barbara Ruaro also opened up on the abuse. In 2022, Marcus reached out to Syd Hartha ahead of the Eraserheads reunion concert. In March, a post on Reddit went viral when a netizen claimed that Marcus raped her when she was in high school. The Electric Fun Music Festival has been rescheduled to October 18. —Nika Roque/JCB, GMA Integrated News
AsiaOne
21-04-2025
- Entertainment
- AsiaOne
The Coconut Club has a new restaurant inspired by an 'overlooked' fruit, here's what to expect, Lifestyle News
The Coconut Club has made a reputation for itself as a restaurant where diners can enjoy premium plates of nasi lemak. And now, it has a new sister brand with a new concept. Belimbing, which opened on April 15, was inspired by an often "overlooked", oblong, sour indigenous fruit, and its name is a metaphor for the hidden potential of Singaporean cuisine, they shared in a press release on April 16. It is located on the second floor of The Coconut Club's Beach Road outlet. Helmed by head chef Marcus Leow, who was an alumnus at Magic Square and Naked Finn, the restaurant explores local fare in a modern context. "Singapore is celebrated as a global food capital, yet our own cuisine feels at a standstill, often equated solely with hawker fare a national treasure and a source of pride, but not the full picture," Marcus shared. "We hope Belimbing can help to shape the next chapter of local cuisine — not by clinging to age-old traditions or depending on luxury ingredients, but by celebrating the flavours and ingredients that reflect who we are today. "The food is comforting and unmistakably Singaporean — just not quite how our grandparents would remember it." Reimagining native flavours The curated menus at Belimbing are designed for sharing. During lunch, there's a two-course menu ($58) and a limited a la carte selection, while at dinner, there is a four-course menu ($88). Marcus has also made an effort to reuse and repurpose ingredient scraps across the menu to demonstrate the versatility of the ingredients that Singaporeans grew up with. Some examples of dishes diners can look forward to is Aged Kanpachi, a starter where the fish is aged on the bone for five days and brushed with a soy sauce made from fish bones and trimmings. It is enhanced with pickled pink guava and a "cold curry" made from The Coconut Club's cold-pressed "white sutera" coconut milk with mussel jus and galangal. Another interesting starter is the Grilled Firefly Squid, where the seafood is cooked with soy, pickled young ginger and house-made squid powder. For the main courses — which are centred around rice, a mainstay in every Singaporean household — there is the Wok-Fried Nasi Ulam. Here, cured fish has its skin air-dried for two days to achieve a crackling crispness when seared. It is paired with Japanese rice that has undergone a three-step transformation—steamed in fish bone dashi, wok-fried with sambal belado and belacan, and grilled in banana leaves. There is also the Grilled Short Rib, which features grilled Angus short ribs brushed with beef garum, alongside a Wagyu rib finger satay glazed in buah keluak. It is served with a side of percik sauce and The Coconut Club's coconut rice. The dessert selection, which is only available on the a la carte menu, reflects Marcus' Peranakan upbringing. Some menu examples include the Pumpkin Bingka, where the fruit's flesh is blended with tapioca into kueh and also transformed into a smoky puree. There is also Marcus' signature Corn Salat, which is made with every part of the corn. Diners who want a tipple can enjoy a selection of cocktails that spotlight local ingredients in unexpected expressions, including concoctions from Side Door's Bannie Kang, who was the winner of Diageo World Class 2019 and Asia's 50 Best Bars' Mancino Bartenders' Bartender Award 2021. Address: 269 Beach Rd, Singapore 199546 [[nid:716572]] melissateo@
Yahoo
21-02-2025
- Business
- Yahoo
Just Three Days Till The Marcus Corporation (NYSE:MCS) Will Be Trading Ex-Dividend
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be intrigued to know that The Marcus Corporation (NYSE:MCS) is about to go ex-dividend in just 3 days. The ex-dividend date is usually set to be one business day before the record date which is the cut-off date on which you must be present on the company's books as a shareholder in order to receive the dividend. The ex-dividend date is important as the process of settlement involves two full business days. So if you miss that date, you would not show up on the company's books on the record date. Thus, you can purchase Marcus' shares before the 25th of February in order to receive the dividend, which the company will pay on the 17th of March. The company's next dividend payment will be US$0.07 per share, and in the last 12 months, the company paid a total of US$0.28 per share. Based on the last year's worth of payments, Marcus has a trailing yield of 1.3% on the current stock price of US$21.53. If you buy this business for its dividend, you should have an idea of whether Marcus's dividend is reliable and sustainable. That's why we should always check whether the dividend payments appear sustainable, and if the company is growing. Check out our latest analysis for Marcus Dividends are typically paid from company earnings. If a company pays more in dividends than it earned in profit, then the dividend could be unsustainable. Marcus lost money last year, so the fact that it's paying a dividend is certainly disconcerting. There might be a good reason for this, but we'd want to look into it further before getting comfortable. Considering the lack of profitability, we also need to check if the company generated enough cash flow to cover the dividend payment. If Marcus didn't generate enough cash to pay the dividend, then it must have either paid from cash in the bank or by borrowing money, neither of which is sustainable in the long term. Thankfully its dividend payments took up just 47% of the free cash flow it generated, which is a comfortable payout ratio. Click here to see the company's payout ratio, plus analyst estimates of its future dividends. Stocks in companies that generate sustainable earnings growth often make the best dividend prospects, as it is easier to lift the dividend when earnings are rising. Investors love dividends, so if earnings fall and the dividend is reduced, expect a stock to be sold off heavily at the same time. Marcus reported a loss last year, but at least the general trend suggests its income has been improving over the past five years. Even so, an unprofitable company whose business does not quickly recover is usually not a good candidate for dividend investors. Many investors will assess a company's dividend performance by evaluating how much the dividend payments have changed over time. Marcus has seen its dividend decline 3.0% per annum on average over the past 10 years, which is not great to see. Get our latest analysis on Marcus's balance sheet health here. Is Marcus an attractive dividend stock, or better left on the shelf? First, it's not great to see the company paying a dividend despite being loss-making over the last year. On the plus side, the dividend was covered by free cash flow." In summary, it's hard to get excited about Marcus from a dividend perspective. With that in mind, a critical part of thorough stock research is being aware of any risks that stock currently faces. In terms of investment risks, we've identified 1 warning sign with Marcus and understanding them should be part of your investment process. Generally, we wouldn't recommend just buying the first dividend stock you see. Here's a curated list of interesting stocks that are strong dividend payers. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
