Latest news with #Sunstone
Time of India
13-06-2025
- Entertainment
- Time of India
Crystals That Attract Fame and Respect
Because sometimes, hard work truly needs a little sparkle on the side. In the world of energy, aura, and occasionally eye-roll-worthy ambition, some individuals chase money, others seek love, and then there are those who simply want the world to finally pronounce their name correctly and applaud louder. For anyone looking to attract fame, earn respect, gain recognition, or simply avoid being ignored during those endless Zoom calls, here are the top crystals believed to turn up the spotlight—without the need for an expensive PR team. 1. Sunstone – For Unapologetic Spotlight Energy This crystal is inherently ruled by the Sun, the original and ultimate source of all attention. It actively encourages confidence, charisma , and that powerful "I deserve to be here" energy. Sunstone is ideal for performers, public speakers, or anyone who aspires to be the undeniable main character in their own narrative. 2. Citrine – For Fame With Fortune Often nicknamed the "Success Stone," Citrine is a powerful ally. It significantly boosts confidence, self-worth, and public recognition . Crucially, it also attracts money, because, let's be honest, fame without funds is often just fleeting internet clout. 3. Amethyst – For Royal Respect Historically, Amethyst was frequently worn by emperors and high priests, symbolizing authority. It radiates wisdom, authority , and a serene calm that subtly screams, "When I walk into a room, people instinctively listen." Amethyst also offers protection against jealousy and gossip—the often-unseen dark side of fame. 4. Clear Quartz – For Amplifying Presence Known universally as the "Master Healer," Clear Quartz is equally powerful as the "Master Amplifier." It enhances any intention you set, especially those focused on gaining visibility, such as "Notice me, world." Use it in conjunction with affirmations or visualizations before significant events to maximize your presence. 5. Lapis Lazuli – For Divine Authority This is the original crystal favored by ancient kings, queens, and historical influencers. Lapis Lazuli is strongly associated with truth, inherent power , and the ability to command respect without needing to resort to yelling. It's excellent for politicians, leaders, and those who consistently find themselves not getting proper credit for group projects. 6. Carnelian – For Bold Stage Energy Carnelian actively ignites passion, courage, and creative visibility . It's perfect for actors, influencers, artists—or anyone who struggles with freezing up during important presentations. This crystal works particularly well for individuals with Leo, Aries, and Sagittarius placements in their birth chart. How to Use These Crystals: Wear them as jewelry : Rings or pendants placed over the heart or throat area are particularly effective. Keep them in your space : Place one near your workspace, on your vanity, or beside a mirror to enhance your presence. Charge them : Leave them under direct sunlight for an infusion of bold energy, or under moonlight for a more graceful and gentle kind of fame. Discover everything about astrology at the Times of India , including daily horoscopes for Aries , Taurus , Gemini , Cancer , Leo , Virgo , Libra , Scorpio , Sagittarius , Capricorn , Aquarius , and Pisces .
Yahoo
11-06-2025
- Business
- Yahoo
Sunstone offloads New Orleans Hilton for $47M
This story was originally published on Hotel Dive. To receive daily news and insights, subscribe to our free daily Hotel Dive newsletter. Sunstone Hotel Investors sold the 252-room Hilton New Orleans St. Charles for $47 million, or approximately $187,000 per key, the real estate investment trust announced Monday. Transaction terms, including the buyer, were undisclosed, and Sunstone could not be reached for a Hotel Dive request for comment. With the disposition, Irvine, California-based Sunstone avoids near-term capital expenditures on the hotel, including a renovation that will be required to 'maintain its competitive position and sustain its current level of earnings,' the REIT detailed in a news release. Sunstone will use the sales proceeds to buy back company stock, which currently is 'a more accretive allocation of capital for our shareholders' than property reinvestment, CEO Bryan Giglia said in a statement. With other assets still operating in New Orleans, though, Sunstone will continue to benefit from the city's diverse travel demand fundamentals, according to Giglia. Sunstone will invest all of the proceeds from its sale of the Hilton New Orleans St. Charles into additional share repurchases, 'a higher yielding investment' than additional property acquisition, according to Giglia. The deal aligns with an ongoing stock repurchase strategy being carried out by the REIT, according to its earnings report from the first quarter of 2025. During Q1, Sunstone repurchased 821,771 shares of its common stock for a total repurchase amount of $8 million, per the report. Despite the recent New Orleans sale, Giglia said, Sunstone will continue to benefit from the city's 'attractive lodging market for group events and leisure travel' through its ownership of the JW Marriott New Orleans. Sporting events drove groups to the market earlier this year, when New Orleans' lodging industry got a boost from Super Bowl LIX. Other hotel players making moves in New Orleans include global real estate investment firm Gencom, which acquired two Marriott International hotels, including the Ritz-Carlton, New Orleans, in March. At the time of the deal, Gencom Chief Investment Officer Alessandro Colantonio said New Orleans' 'rich cultural heritage and thriving tourism sector' played a role in the company's investment. Caesars Entertainment, meanwhile, last year debuted its $435 million Harrah's New Orleans redevelopment, including a Nobu Hotel. And Omni Hotels & Resorts will build a 1,000-room headquarters hotel across the street from New Orleans' Ernest N. Morial Convention Center. Sunstone's sale of Hilton New Orleans St. Charles comes roughly a month after the company opened Andaz Miami Beach, the first property under Hyatt's newly formed Lifestyle Group. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-06-2025
- Business
- Yahoo
Sunstone Disposes Hilton New Orleans St. Charles Hotel for $47M
Sunstone Hotel Investors, Inc. SHO recently sold Hilton New Orleans St. Charles, encompassing 252 rooms for a gross sale price of $47 million, or approximately $187,000 per key. The sale price of the hotel reflects a multiple of 10.1 times of the 2024 Hotel Adjusted EBITDAre and an 8.7% cap rate on 2024 Hotel Net Operating Income (NOI). Including the company's estimate of required near-term capital expenditures, the gross sale price reflects a multiple of 13.4 times of the Hotel Adjusted EBITDAre and a 6.6% cap rate on 2024 Hotel NOI. To prepare for the sale of the hotel, the company utilized favorable market conditions to completely reinvest the proceeds from the disposition into additional share repurchases. From the beginning of 2025 through June 6, Sunstone has repurchased 6.8 million shares of its common stock at an average price of $8.84 per share, resulting in a total repurchase amount of $60 million before expenses. Since the start of 2022, the company has allocated $252 million to repurchase 25.8 million shares of its common stock, which accounts for nearly 12% of the shares outstanding at the beginning of the period, at an average price of $9.77 per share. The repurchase activity resulted in an accretive allocation of capital and created significant value for the company's shareholders through the implied cash flow multiple and discount to net asset value. Sunstone expects that the hotel will need periodic renovation to uphold its competitive standing and sustain its current earnings level. The company intends to share more details about the sale, including its effect on the previously issued 2025 outlook, during the release of its second quarter earnings. Per Bryan Giglia, CEO of Sunstone, "We were able to divest the hotel at attractive pricing, eliminate near-term defensive capital expenditures and recycle the proceeds into a higher-yielding investment through the repurchase of our stock at a compelling discount. New Orleans remains an attractive lodging market for group events and leisure travel, and we will continue to benefit from exposure to the city through our ownership of the well-located JW Marriott." Sunstone's strategy is to create long-term shareholder value through the acquisition, active ownership, and disposition of well-located hotel and resort real estate. The company remains engaged in capital allocation opportunities despite the uncertain macroeconomic environment. In the past month, shares of this Zacks Rank #3 (Hold) company have declined 1.1% against the industry's upside of 1.3%. Image Source: Zacks Investment Research Some better-ranked stocks from the broader REIT sector are VICI Properties VICI and W.P. Carey WPC, each currently carrying a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. The Zacks Consensus Estimate for VICI's 2025 FFO per share has moved one cent northward to $2.34 over the past two months. The consensus estimate for WPC's 2025 FFO per share has been revised upward by 1.2% to $4.88 over the past two months. Note: Anything related to earnings presented in this write-up represents FFO, a widely used metric to gauge the performance of REITs. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Sunstone Hotel Investors, Inc. (SHO) : Free Stock Analysis Report W.P. Carey Inc. (WPC) : Free Stock Analysis Report VICI Properties Inc. (VICI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Trade Arabia
20-05-2025
- Business
- Trade Arabia
EGA, Sunstone to set up anode manufacturing plant in Abu Dhabi
Emirates Global Aluminium (EGA) and Sunstone, an independent pre-baked anode producer from China, have signed a Joint Development Agreement at the Make it in the Emirates (MIITE) to progress the development of an anode manufacturing plant in Abu Dhabi. Anodes are required in the smelting of aluminium. EGA produces some 1.35 million tonnes of anodes every year at its own plants in Jebel Ali and Al Taweelah, and the remainder of the company's needs are currently imported, said the company in a statement. The new anode manufacturing facility in Khalifa Economic Zone Abu Dhabi would have a capacity of 300 thousand tonnes of anodes per year, replacing most of EGA's imports and potentially making the UAE only the second country in the world after China to export anodes globally. The agreement was signed by Abdulnasser Bin Kalban, Chief Executive Officer of EGA, and Lang Guanghui, Chairman of Sunstone. Within the mandate to attract and enable high-impact investments in Abu Dhabi, Abu Dhabi Investment Office (ADIO) has played an important role to enable Sunstone's entry into the Abu Dhabi market, which includes Sunstone benefiting from ADIO's energy and land support programs, which are key initiatives in Abu Dhabi's industrial strategy. Bin Kalban said: "This project will enable EGA to further increase our contribution to Make it in the Emirates, by localising the manufacture of a key raw material for our process here in the UAE as well as potentially supplying other aluminium smelters in the region and beyond." "In our supply chain, EGA already spends more than AED 8 billion each year on goods and services locally, which is around 40 per cent of our total global spend. Our goal is to progressively increase that proportion, to further spur the development of UAE industry," he noted. Guanghui said: "The UAE's 'Make it in the Emirates' initiative, combined with the support from Abu Dhabi government partners, has created an ideal environment for industrial growth. Establishing Sunstone's first plant outside China in partnership with EGA marks a pivotal milestone in our global expansion." "We are confident that this collaboration can set a new benchmark for excellence in anode manufacturing. Together, we are poised to deliver long-term value to the UAE's industrial ecosystem and the global aluminium industry," he noted. Mohammad Ali Al Kamali, Chief Trade and Industry Officer at ADIO, said: "Sunstone's new Abu Dhabi facility, marking the company's first expansion outside of China, reflects the strength of our industrial ecosystem and the emirate's ability to attract global leaders across critical supply chains." "Through ADIO's comprehensive efforts, we are proud to enable partnerships that create new domestic supply, deepen local capabilities, drive innovation and advance Abu Dhabi's position as a global hub for industrial excellence," he noted. EGA and Sunstone have already completed a feasibility study for the project, which the two companies intend to develop in a joint venture with Sunstone owning a 55 per cent shareholding and EGA a 45 per cent shareholding.
Al Etihad
19-05-2025
- Business
- Al Etihad
EGA, Sunstone sign joint development agreement to progress anode manufacturing project in Abu Dhabi
19 May 2025 19:31 ABU DHABI (WAM) Emirates Global Aluminium (EGA) and Sunstone, an independent pre-baked anode producer from China, today signed a Joint Development Agreement at the Make it in the Emirates (MIITE) to progress the development of an anode manufacturing plant in Abu agreement was signed by Abdulnasser Bin Kalban, Chief Executive Officer of EGA, and Lang Guanghui, Chairman of are required in the smelting of aluminium. EGA produces some 1.35 million tonnes of anodes every year at its own plants in Jebel Ali and Al Taweelah, and the remainder of the company's needs are currently new anode manufacturing facility in Khalifa Economic Zone Abu Dhabi would have a capacity of 300 thousand tonnes of anodes per year, replacing most of EGA's imports and potentially making the UAE only the second country in the world after China to export anodes the mandate to attract and enable high-impact investments in Abu Dhabi, Abu Dhabi Investment Office (ADIO) has played an important role to enable Sunstone's entry into the Abu Dhabi market, which includes Sunstone benefiting from ADIO's energy and land support programs, which are key initiatives in Abu Dhabi's industrial Bin Kalban, Chief Executive Officer of EGA, said, 'This project will enable EGA to further increase our contribution to Make it in the Emirates, by localising the manufacture of a key raw material for our process here in the UAE as well as potentially supplying other aluminium smelters in the region and beyond."In our supply chain, EGA already spends more than Dh8 billion each year on goods and services locally, which is around 40% of our total global spend. Our goal is to progressively increase that proportion, to further spur the development of UAE industry.'Lang Guanghui, Chairman of Sunstone, said, 'The UAE's 'Make it in the Emirates' initiative, combined with the support from Abu Dhabi government partners, has created an ideal environment for industrial growth. Establishing Sunstone's first plant outside China in partnership with EGA marks a pivotal milestone in our global expansion. We are confident that this collaboration can set a new benchmark for excellence in anode manufacturing. Together, we are poised to deliver long-term value to the UAE's industrial ecosystem and the global aluminium industry.'Mohammad Ali Al Kamali, Chief Trade and Industry Officer at ADIO, said, 'Sunstone's new Abu Dhabi facility, marking the company's first expansion outside of China, reflects the strength of our industrial ecosystem and the Emirate's ability to attract global leaders across critical supply chains. Through ADIO's comprehensive efforts, we are proud to enable partnerships that create new domestic supply, deepen local capabilities, drive innovation and advance Abu Dhabi's position as a global hub for industrial excellence.'EGA and Sunstone have already completed a feasibility study for the project, which the two companies intend to develop in a joint venture with Sunstone owning a 55% shareholding and EGA a 45% shareholding. Construction of the new anode manufacturing facility is expected to begin during 2026, with first production reached as early as 2028.
