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Veteran actor Martin Landau dead at 89

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Axelle | Bauer-Griffin | FilmMagic

Actor Martin Landau attends the Hand and Footprint Ceremony honoring Tim Burton at TCL Chinese 6 Theatres on September 8, 2016 in Hollywood, California.

Martin Landau, who won an Oscar for playing Bela Lugosi in Tim Burton’s 1994 film Ed Wood, died Saturday at 89.

His publicists Dick Guttman and Rona Menashe confirmed his death to USA TODAY. They said in a statement that the veteran actor, who also was nominated for Academy Awards for his roles in Crimes and Misdemeanors and Tucker: The Man and His Dream, died at UCLA Medical Center in Los Angeles, “where he succumbed to unexpected complications during a short hospitalization.”

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Landau was the master of disguise in his role as Rollin Hand in the TV version of Mission: Impossible, during his three seasons on the show starting in 1966.

He also gained some measure of fame among Star Trek fans for a role he didn’t play, pointy-eared starship Enterprise science officer, Mr. Spock. Star Trek creator Gene Rodenberry had offered him the role, but Landau turned it down.

Landau continued working until the end. He attended Tribeca Film Festival in New York last spring, where his upcoming movie with Paul Sorvino, The Last Poker Game, was screened.

Among his other recent credits: Remember (2015) with Christopher Plummer; The Red Maple Leaf (2016) with Kris Kristofferson and James Caan; and Lovely, Still (2010) with Ellen Burstyn.

His early film roles included parts in North by Northwest (1959), Cleopatra (1963) and Pork Chop Hill (1959).

In addition to Mission: Impossible, his television credits include Without A Trace, Space: 1999 and Entourage.

He remained active in the acting community until his death and was artistic director of the Actor’s Studio, a post he shared with director Mark Rydell and, previously, Sydney Pollack.

As the news spread, celebrities paid tribute to Landau’s tremendous career on social media.

“A great talent with a kind heart; always so warm to me,” fellow Oscar winner Marlee Maitlin tweeted. “I will miss you.”

“The ladies always loved Martin Landau. And with good reason,” actress Dana Delany wrote. “A full life.”


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Guess shares tank on lower-than-expected quarterly sales

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Tradebuddy.onlines of Guess Inc. GES, +0.96% fell 12% late Tuesday after the retailer reported third-quarter sales that missed Wall Street expectations. Guess said it lost $2.9 million, or 4 cents a share, versus earnings of $9.1 million, or 11 cents a share, in the year-ago period. Adjusted for one-time items, Guess earned $10.4 million, or 12 cents a share, compared with $9.6 million, or 11 cents a share a year ago. Sales rose 3.3% to $554 million, compared with $536 million a year ago. Analysts surveyed by FactSet had expected adjusted earnings of 12 cents a share on sales of $564 million. Retail revenue in the Americas fell 11%, offset by increases in Europe and Asia, the company said.

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This Little-Known Chinese Stock Is on Fire — The Motley Fool

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Chinese stocks have done reasonably well in 2017, with the Shanghai Composite Index up about 10%. Yet that’s lower than the 15% return of the S&P 500, and when compared with emerging markets overall and the MSCI EM Index’s 25%-plus return, China’s stock market has underperformed.

However, it’s been a strong year for stocks of Chinese companies listed in the United States through American depository shares (ADS). High-profile Chinese companies such as Alibaba (NYSE:BABA) and JD.com (NASDAQ:JD) have provided investors year-to-date returns of 106% and 52% as of this writing. Even better, shares of social-media live-streaming platform provider YY (NASDAQ:YY) have blown both out of the water. Below, you’ll find what you need to know about this company.

JD data by YCharts

YY has a long runway for growth

Like Alibaba and JD.com, YY benefits from demographic tailwinds. About 731 million Chinese citizens — more than half of the total population — had Internet access as of year-end 2016. That figure has rapidly increased, growing by approximately 19% per year since 2005. Not only are more Chinese citizens gaining Internet access, but the ranks of the middle class with disposable income are swelling. The Brookings Institute estimates middle-class consumption in the Middle Kingdom will grow 8.5% per year until 2030.

As the leading live-streaming mobile and PC provider, YY benefits from both increased Internet penetration rates and disposable income from a rising middle class. The company currently has 73 million mobile live streaming monthly active users, a 37% year-over-year increase. Look for user growth to continue from its host of online-dating, music, gaming, and sports sites.

YY had a strong quarter

YY’s run appears to be mostly supported by the financials. In the recently reported third quarter, the company increased net revenue 48% from last year’s quarter and net income per ADS by 52%, and the pace of that growth has been quite a bit higher than those who follow the stock closely had anticipated. The company expects strong top-line growth to continue, issuing projections for sales to grow in the fourth quarter by between 36% and 41%. 

Picture of Shanghai at night.

Image source: Getty Images

YY is relatively cheap

Unlike its Chinese peers Alibaba and JD.com, YY is cheaply valued, with shares currently trading at a forward earnings multiple of about 15 times what investors expect YY to earn in 2018. That’s attractive in comparison to the S&P 500’s corresponding forward multiple of about 20. Meanwhile, Alibaba and JD.com trade at much more expensive valuations of 36 and 42 times forward earnings estimates, respectively.

It’s not often you find a company growing its top and bottom lines approximately 50% while trading at multiples lower than the overall market. If you’re an investor in Alibaba and JD.com and are looking for more ways to profit from the demographic shift in China, put YY on your due-diligence list before Wall Street catches wind of the name.

 


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