Grupo Televisa SAB Target of Unusually High Options Trading (NYSE:TV)

Renaissance Technologies LLC increased its stake in shares of Grupo Televisa SAB by 24.3% in the second quarter. Renaissance Technologies LLC …

Grupo Televisa SAB logoGrupo Televisa SAB (NYSE:TV) was the target of some unusual options trading activity on Wednesday. Stock traders acquired 20,002 call options on the company. This represents an increase of 3,563% compared to the average daily volume of 546 call options.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Renaissance Technologies LLC increased its stake in shares of Grupo Televisa SAB by 24.3% in the second quarter. Renaissance Technologies LLC now owns 10,230,986 shares of the company’s stock worth $86,350,000 after purchasing an additional 1,998,461 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Grupo Televisa SAB by 82.8% during the first quarter. JPMorgan Chase & Co. now owns 5,331,603 shares of the company’s stock valued at $58,968,000 after acquiring an additional 2,414,384 shares in the last quarter. Key Square Capital Management LLC purchased a new position in Grupo Televisa SAB during the second quarter valued at $34,489,000. Gamco Investors INC. ET AL grew its stake in Grupo Televisa SAB by 3.1% during the second quarter. Gamco Investors INC. ET AL now owns 4,053,147 shares of the company’s stock valued at $34,209,000 after acquiring an additional 121,350 shares in the last quarter. Finally, Gabelli Funds LLC grew its stake in Grupo Televisa SAB by 5.4% during the second quarter. Gabelli Funds LLC now owns 3,281,300 shares of the company’s stock valued at $27,694,000 after acquiring an additional 168,500 shares in the last quarter. Institutional investors own 53.25% of the company’s stock.

A number of research analysts recently weighed in on the stock. Zacks Investment Research upgraded shares of Grupo Televisa SAB from a “sell” rating to a “hold” rating in a research note on Saturday, July 13th. BMO Capital Markets restated an “average” rating on shares of Grupo Televisa SAB in a research report on Thursday, June 27th. ValuEngine raised shares of Grupo Televisa SAB from a “sell” rating to a “hold” rating in a report on Thursday, August 1st. Barclays reaffirmed a “hold” rating and set a $11.00 price objective on shares of Grupo Televisa SAB in a report on Monday, June 24th. Finally, Raymond James reaffirmed an “average” rating on shares of Grupo Televisa SAB in a report on Friday, August 2nd. Seven equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $17.20.

Shares of NYSE:TV traded up $0.53 during midday trading on Friday, hitting $8.84. 2,203,481 shares of the stock traded hands, compared to its average volume of 2,673,298. The stock has a market capitalization of $4.87 billion, a PE ratio of 16.37, a P/E/G ratio of 1.29 and a beta of 0.95. The business’s 50 day moving average is $8.75 and its two-hundred day moving average is $9.85. The company has a quick ratio of 1.57, a current ratio of 1.59 and a debt-to-equity ratio of 1.38. Grupo Televisa SAB has a one year low of $7.42 and a one year high of $19.07.

About Grupo Televisa SAB

Grupo Televisa, SAB. operates as a media company in the Spanish-speaking world. The company operates through four segments: Content, Sky, Cable, and Other Businesses. The Content segment produces television programming and broadcasts Channels 2, 4, 5, and 9; sells advertising time on programs; provides Internet services; and produces television programming and broadcasting for local television stations in Mexico and the United States.

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Amazon Com (AMZN) Stock Value Declined While Maple Capital Management Has Increased by …

… 2.44% in Amazon.com, Inc. (NASDAQ:AMZN). Lodge Hill Capital holds 1.95% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 4,000 shares.

Waste Management, Inc. (NYSE:WM) Logo

Cohen Lawrence B increased its stake in Waste Mgmt Inc Del (WM) by 54.75% based on its latest 2019Q1 regulatory filing with the SEC. Cohen Lawrence B bought 7,306 shares as the company’s stock rose 10.33% . The institutional investor held 20,650 shares of the public utilities company at the end of 2019Q1, valued at $2.15 million, up from 13,344 at the end of the previous reported quarter. Cohen Lawrence B who had been investing in Waste Mgmt Inc Del for a number of months, seems to be bullish on the $50.14 billion market cap company. The stock decreased 0.06% or $0.07 during the last trading session, reaching $119.25. About 539,072 shares traded. Waste Management, Inc. (NYSE:WM) has risen 31.65% since August 30, 2018 and is uptrending. It has outperformed by 31.65% the S&P500. Some Historical WM News: 07/03/2018 – Gabelli & Company’s Annual Waste Conference; 20/04/2018 – WASTE MANAGEMENT SEES FY ADJ EPS $3.97 TO $4.05, EST. $4; 09/04/2018 – Greg Groogan: Breaking: International Paper & a subsidiary of Waste Management agree w/ #EPA to pay $115 Million for removal of; 20/04/2018 – WASTE MANAGEMENT 1Q EPS 91C, EST. 83C; 11/05/2018 – Hiab bundles its expertise and offering for the Waste Management & Recycling segment – Showcase at IFAT, 14-18 May in Munich, Germany; 20/04/2018 – Waste Management Backs 2018 Adj EPS $3.97-Adj EPS $4.05; 09/05/2018 – CORRECTED-TOX FREE SOLUTIONS- UNDER SCHEME OF ARRANGEMENTS CLEANAWAY WASTE MANAGEMENT TO ACQUIRE 100 PCT OF ORDINARY SHARES IN TOXFREE (CORRECTS; 21/05/2018 – Waste Management Presenting at Conference Jun 12; 14/03/2018 – Molok scoops The New Economy’s Most Innovative Waste Management Company award; 22/03/2018 – TOX FREE SOLUTIONS LTD TOX.AX – REFERS TO SCHEME OF ARRANGEMENT UNDER WHICH CLEANAWAY WASTE MANAGEMENT LTDWILL ACQUIRE ENTIRE STAKE IN TOXFREE

Maple Capital Management Inc increased its stake in Amazon Com Inc (AMZN) by 6.76% based on its latest 2019Q1 regulatory filing with the SEC. Maple Capital Management Inc bought 370 shares as the company’s stock declined 2.34% . The institutional investor held 5,847 shares of the consumer services company at the end of 2019Q1, valued at $10.41 million, up from 5,477 at the end of the previous reported quarter. Maple Capital Management Inc who had been investing in Amazon Com Inc for a number of months, seems to be bullish on the $864.86 billion market cap company. The stock decreased 0.90% or $16.04 during the last trading session, reaching $1770.36. About 2.18 million shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 4.92% since August 30, 2018 and is uptrending. It has outperformed by 4.92% the S&P500. Some Historical AMZN News: 07/03/2018 – NY Bizjournal: Banking Roundup: Wells Fargo wealth-management unit under Fed probe… Amazon checking accounts; 04/04/2018 – AMAZON REPORTS NEW FULFILLMENT CENTER IN SOUTHERN NEVADA; 19/03/2018 – Amazon is even addressing the amateur gaming community with the launch of Amazon GameOn; 29/03/2018 – TRUMP SAYS AMAZON PAYS LITTLE OR NO TAXES; 23/04/2018 – People think Amazon has the most positive impact on society out of any major tech company:; 04/04/2018 – MEDIA-India’s Flipkart dialled Amazon after Walmart revived deal talks – Mint; 16/05/2018 – Amazon Announces New Tucson Fulfillment Center; 02/05/2018 – Synchrony Teams with Amazon to Introduce New Alexa Skill for Amazon Store Card; 07/05/2018 – Retail is struggling but some say the booming beauty industry is ‘Amazon-proof’; 17/04/2018 – Wil Wheaton and Amber Benson Return to Perform John Scalzi’s Head On for Audible

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Seekingalpha.com which released: “Amazon wants exclusives for IMDb TV – WSJ – Seeking Alpha” on August 27, 2019, also Seekingalpha.com with their article: “Amazon: No Bottom Here – Seeking Alpha” published on August 09, 2019, Nasdaq.com published: “Trade of the Day: Amazon Stock Is Primed for a Bearish Trade – Nasdaq” on August 29, 2019. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Nasdaq.com and their article: “Is Amazon a Prime Stock to Buy Now? – Nasdaq” published on July 31, 2019 as well as Nasdaq.com‘s news article titled: “Amazon Stock Investors Are Asking the Wrong Question – Nasdaq” with publication date: August 30, 2019.

Investors sentiment is 1.55 in Q1 2019. Its the same as in 2018Q4. It has no change, as 55 investors sold AMZN shares while 555 reduced holdings. only 176 funds opened positions while 770 raised stakes. 264.58 million shares or 28.87% less from 371.97 million shares in 2018Q4 were reported. Oarsman Capital reported 1,015 shares. Md Sass Investors Services accumulated 2,055 shares. Moreover, Thomas White Ltd has 0.42% invested in Amazon.com, Inc. (NASDAQ:AMZN). Carnegie Asset Management Ltd holds 15,895 shares or 1.94% of its portfolio. Taurus Asset Mgmt Llc reported 3% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Bnp Paribas Arbitrage Sa reported 0% in Amazon.com, Inc. (NASDAQ:AMZN). 4,582 were reported by Lincoln Capital Lc. First Natl Bank Of Hutchinson invested 1.2% in Amazon.com, Inc. (NASDAQ:AMZN). Chevy Chase Trust Holding has invested 3.18% in Amazon.com, Inc. (NASDAQ:AMZN). Lansdowne (Uk) Llp stated it has 1,874 shares or 0.07% of all its holdings. Ranger Invest Management Limited Partnership invested 0.01% in Amazon.com, Inc. (NASDAQ:AMZN). Strs Ohio stated it has 2.44% in Amazon.com, Inc. (NASDAQ:AMZN). Lodge Hill Capital holds 1.95% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 4,000 shares. Envestnet Asset Mgmt Incorporated has invested 0.25% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN). Plancorp Limited Liability Co invested in 561 shares.

Maple Capital Management Inc, which manages about $544.25M and $425.01M US Long portfolio, decreased its stake in Chipotle Mexican Grill Inc (NYSE:CMG) by 7,095 shares to 6,703 shares, valued at $4.76M in 2019Q1, according to the filing. It also reduced its holding in Microsoft Corp (NASDAQ:MSFT) by 3,832 shares in the quarter, leaving it with 193,934 shares, and cut its stake in United Technologies Corp (NYSE:UTX).

Cohen Lawrence B, which manages about $142.08 million US Long portfolio, decreased its stake in Intel Corp (NASDAQ:INTC) by 7,650 shares to 125,506 shares, valued at $6.74 million in 2019Q1, according to the filing. It also reduced its holding in Tjx Companies Inc Com (NYSE:TJX) by 12,630 shares in the quarter, leaving it with 97,075 shares, and cut its stake in 3M Co (NYSE:MMM).

Investors sentiment increased to 1.09 in 2019 Q1. Its up 0.12, from 0.97 in 2018Q4. It improved, as 40 investors sold WM shares while 314 reduced holdings. 120 funds opened positions while 267 raised stakes. 299.79 million shares or 2.52% less from 307.53 million shares in 2018Q4 were reported. Stearns Svcs Group Inc has invested 0.04% in Waste Management, Inc. (NYSE:WM). Ballentine Prtn Limited Liability Co owns 3,776 shares or 0.02% of their US portfolio. Northeast Consultants has invested 0.61% in Waste Management, Inc. (NYSE:WM). Spectrum Mgmt Grp Inc stated it has 0.69% of its portfolio in Waste Management, Inc. (NYSE:WM). Personal Capital Advisors reported 338,377 shares or 0.39% of all its holdings. Sterling Investment stated it has 19,547 shares. Salem Investment Counselors Incorporated holds 0.05% or 5,737 shares in its portfolio. 7,360 are held by Mcrae Capital Mngmt. Brave Asset reported 2,500 shares. Stoneridge Invest Ltd reported 0.06% stake. 3,583 were reported by San Francisco Sentry (Ca). Ardevora Asset Limited Liability Partnership owns 365,896 shares. Amalgamated Bank & Trust stated it has 62,580 shares or 0.16% of all its holdings. Eaton Vance Mgmt has invested 0.16% of its portfolio in Waste Management, Inc. (NYSE:WM). 4,698 are owned by Perritt Cap Management.

Waste Management, Inc. (NYSE:WM) Institutional Positions Chart

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All the Free & Cheap Food You Can Get for Labor Day Weekend

… free and cheap food to help you get through the long weekend. Below, you’ll find offers national chains like Wendy’s, Cicis, DoorDash, and more.

Food Deals for Labor Day

Sonny’s BBQ

The deal:
Pull together a full Labor Day weekend meal from Sonny’s and tell your friends you made it yourself. Get a whole chicken, a pound of pulled or sliced pork, three pint-sized sides, and a choice of bread for $29.99. The deal is only good for takeout.

When: August 31 – September 2

Firehouse Subs

The deal:
Get $2 off a medium or large sub with chips and a drink with this coupon. (You can also get $10 off any deluxe catering platter through September 2 with this coupon.)

When: August 28 – September 2

Dunkin’

The deal:
Dunkin’ (don’t you dare say Donuts) is declaring Tuesday “Back to the Grind Day.” In honor of the fictitious holiday, you can add a shot of espresso to any drink for just 50 cents.

When: September 3

Chili’s

The deal:
It’s Baby Back Rib Day for everyone who wants their baby back. Get a half rack of ribs as part of the chain’s three for $10 offer. That gets you the ribs, an appetizer, and a fountain drink.

When: September 3

STK Steakhouse

The deal: Make reservations and give the code “LD19” at the time of booking to get a free lil’ BRG appetizer for every person at the table. There will also be an all-day happy hour on September 2 with half-price specialty cocktails.

When: August 28 – September 2

Überrito

The deal:
All burritos, bowls, and salads are just five bucks, as long as you’re not ordering delivery.

When: September 2

Cicis

The deal:
Get yourself two large one-topping pizzas for $10. The deal is available at locations across the country, but only for carryout and with this coupon.

When: August 30 – September 2

Maggiano’s Little Italy

The deal
: Every weekend in September, Maggiano’s is serving up $2 mimosas for your brunching pleasure. (Or whatever time of day best suits your mimosa needs.)

When: Every weekend in September

Corner Bakery Cafe

The deal:
Get two or more entrées for just $9.99 each at participating locations. You’ll need to snag the coupon here.

When: September 2

bd’s Mongolian Grill

The deal:
For the price of just one stir-fry bowl, you’re getting unlimited stir-fry bowls. Deal.

When: Through September 2

Mrs. Fields

The deal: Yes, the cookie lady is offering a Labor Day discount. Everything — read: cookies, lots and lots of cookies — on the website is 20% off with the code “FIREWORKS.”

When: Through September 2

Bulletproof

The deal:
The coffee purveyor is offering up to 20% off items for Labor Day. In the sale, you’ll find Bulletproof ground coffee and cold brew coffee, Brain Octane Oil, protein bars, ghee, and more.

When: August 30 at noon through 9pm on September 2

Hurricane Grill & Wings

The deal:
Take 20% off any party platter with a $50 order.

When: September 2

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Apis Capital Advisors Has Trimmed Its Intelsat SA (Call) (I) Position by $450000; As Carbonite …

… 15/05/2018 – Crosslink Capital Inc. Exits Position in Carbonite; 15/05/2018 – Carbonite Presenting at JPMorgan Conference Tomorrow; 06/03/2018 …

Intelsat S.A. (NYSE:I) Logo

Pembroke Management Ltd decreased its stake in Carbonite Inc (CARB) by 1.18% based on its latest 2019Q1 regulatory filing with the SEC. Pembroke Management Ltd sold 14,248 shares as the company’s stock declined 26.61% . The institutional investor held 1.19 million shares of the technology company at the end of 2019Q1, valued at $29.59 million, down from 1.21 million at the end of the previous reported quarter. Pembroke Management Ltd who had been investing in Carbonite Inc for a number of months, seems to be less bullish one the $394.38 million market cap company. The stock decreased 4.86% or $0.61 during the last trading session, reaching $11.93. About 213,033 shares traded. Carbonite, Inc. (NASDAQ:CARB) has declined 47.80% since August 30, 2018 and is downtrending. It has underperformed by 47.80% the S&P500. Some Historical CARB News: 13/04/2018 – ETF MANAGERS GROUP LLC REPORTS 6.91 PCT PASSIVE STAKE IN CARBONITE INC AS OF MARCH 19 – SEC FILING; 07/05/2018 – CARBONITE INC SEES FULL YEAR 2018 GAAP REVENUE $296.9 – $306.9 MLN; 07/05/2018 – Carbonite Sees 2Q Adj EPS 34c-Adj EPS 38c; 07/05/2018 – CARBONITE INC SEES FULL YEAR 2018 NON-GAAP NET INCOME PER SHARE $1.51 – $1.59; 15/05/2018 – Crosslink Capital Inc. Exits Position in Carbonite; 15/05/2018 – Carbonite Presenting at JPMorgan Conference Tomorrow; 06/03/2018 Carbonite Non-Deal Roadshow Scheduled By JMP for Mar. 13; 07/03/2018 – Zuora Central is Core to Carbonite’s Growth; 06/03/2018 – FTC: 20180818: Carbonite, Inc.; Dell Technologies Inc; 07/05/2018 – Carbonite 1Q Adj EPS 27c

Apis Capital Advisors Llc decreased its stake in Intelsat S A (Call) (I) by 17.65% based on its latest 2019Q1 regulatory filing with the SEC. Apis Capital Advisors Llc sold 30,000 shares as the company’s stock rose 8.69% . The institutional investor held 140,000 shares of the telecommunications equipment company at the end of 2019Q1, valued at $2.19M, down from 170,000 at the end of the previous reported quarter. Apis Capital Advisors Llc who had been investing in Intelsat S A (Call) for a number of months, seems to be less bullish one the $2.78B market cap company. The stock decreased 1.74% or $0.37 during the last trading session, reaching $20.93. About 364,826 shares traded. Intelsat S.A. (NYSE:I) has risen 10.12% since August 30, 2018 and is uptrending. It has outperformed by 10.12% the S&P500. Some Historical I News: 01/05/2018 – Intelsat 1Q Loss/Shr 56c; 09/04/2018 – Intelsat Debuts New MCPC Platform to Support Regional and International Programmers Looking to Expand Cable, DTH and IPTV Distribution across Central and Eastern Europe; 03/05/2018 – MCINTYRE SEES DOWNSIDE TO $6.35 A SHARE FOR INTELSAT; 01/05/2018 – Intelsat 1Q Rev $543.8M; 06/04/2018 – STN Extends Services on Galaxy 19 to Fuel Expansion in North America; 24/04/2018 – Intelsat General Selected to Deliver Radio and Television Programming to U.S. Troops Worldwide; 03/05/2018 – MCINTYRE SAYS INTELSAT NEEDS TO RAISE $400M-$500M; 10/04/2018 – Vodacom Business Nigeria and Intelsat Sign Agreement to Expand Broadband Connectivity Throughout West Africa; 01/05/2018 – Intelsat Backs 2018 Rev $2.06B-$2.11B; 01/05/2018 – Intelsat Backs 2018 EBIT $1.56B-EBIT $1.61B

More notable recent Intelsat S.A. (NYSE:I) news were published by: Seekingalpha.com which released: “GE’s Declines May Only Be Starting – Seeking Alpha” on August 29, 2019, also Finance.Yahoo.com with their article: “Investing In Property Through CorEnergy Infrastructure Trust, Inc. (NYSE:CORR) – Yahoo Finance” published on August 30, 2019, Gurufocus.com published: “David Tepper Invests in 2 Managed Care Companies in 2nd Quarter – GuruFocus.com” on August 16, 2019. More interesting news about Intelsat S.A. (NYSE:I) were released by: Finance.Yahoo.com and their article: “Do Scotts Miracle-Gro’s (NYSE:SMG) Earnings Warrant Your Attention? – Yahoo Finance” published on August 09, 2019 as well as Finance.Yahoo.com‘s news article titled: “Intelsat Announces Successful Launch of Intelsat 39 – Yahoo Finance” with publication date: August 06, 2019.

Analysts await Carbonite, Inc. (NASDAQ:CARB) to report earnings on November, 7. They expect $0.35 earnings per share, up 2.94% or $0.01 from last year’s $0.34 per share. CARB’s profit will be $11.57M for 8.52 P/E if the $0.35 EPS becomes a reality. After $0.45 actual earnings per share reported by Carbonite, Inc. for the previous quarter, Wall Street now forecasts -22.22% negative EPS growth.

Pembroke Management Ltd, which manages about $2.77 billion and $924.72M US Long portfolio, upped its stake in Gentherm Inc (NASDAQ:THRM) by 69,575 shares to 514,747 shares, valued at $18.97M in 2019Q1, according to the filing. It also increased its holding in Hms Holdings Corp (NASDAQ:HMSY) by 49,688 shares in the quarter, for a total of 898,265 shares, and has risen its stake in Merit Medical Sys (NASDAQ:MMSI).

Investors sentiment increased to 1.28 in 2019 Q1. Its up 0.18, from 1.1 in 2018Q4. It increased, as 18 investors sold CARB shares while 40 reduced holdings. 27 funds opened positions while 47 raised stakes. 31.24 million shares or 5.28% less from 32.99 million shares in 2018Q4 were reported. Teton Advisors accumulated 79,687 shares. Jp Marvel Inv Limited Liability has invested 1.66% in Carbonite, Inc. (NASDAQ:CARB). Pembroke Mngmt Ltd has 3.2% invested in Carbonite, Inc. (NASDAQ:CARB) for 1.19 million shares. Deutsche Bancshares Ag stated it has 0% in Carbonite, Inc. (NASDAQ:CARB). Moors Cabot accumulated 0.02% or 15,400 shares. State Common Retirement Fund has invested 0.01% in Carbonite, Inc. (NASDAQ:CARB). 1.08 million were accumulated by Indaba Capital Mngmt Limited Partnership. National Bank Of New York Mellon invested in 503,001 shares. Virginia Retirement Sys Et Al holds 0.01% or 24,800 shares in its portfolio. 11,794 are held by Aqr Management Limited Liability Com. Charles Schwab Invest has invested 0% in Carbonite, Inc. (NASDAQ:CARB). The New York-based M&T Financial Bank Corporation has invested 0% in Carbonite, Inc. (NASDAQ:CARB). Lazard Asset Management stated it has 0% in Carbonite, Inc. (NASDAQ:CARB). Dimensional Fund Advsr LP accumulated 1.19 million shares. Hood River Mgmt Lc reported 559,997 shares or 0.7% of all its holdings.

More notable recent Carbonite, Inc. (NASDAQ:CARB) news were published by: Globenewswire.com which released: “Zhang Investor Law Reminds Investors of Deadline in Securities Class Action Lawsuit Against Carbonite, Inc. – CARB – GlobeNewswire” on August 16, 2019, also Prnewswire.com with their article: “SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Carbonite, Inc. – CARB – PRNewswire” published on August 24, 2019, Benzinga.com published: “Stocks That Hit 52-Week Lows On Wednesday – Benzinga” on August 14, 2019. More interesting news about Carbonite, Inc. (NASDAQ:CARB) were released by: Prnewswire.com and their article: “CARB CLASS ACTION ALERT: Bernstein Liebhard LLP Announces That a Securities Class Action Lawsuit Has Been Filed Against Carbonite, Inc. – PRNewswire” published on August 12, 2019 as well as Globenewswire.com‘s news article titled: “INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation on Behalf of Carbonite, Inc. Investors (CARB) – GlobeNewswire” with publication date: August 01, 2019.

Carbonite, Inc. (NASDAQ:CARB) Institutional Positions Chart

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Instacart deliverer loses 300 pounds, but gig economy worker conditions remain brutal

Over a month later, Recode says Doordash still hasn’t changed its tipping policy, despite a tweet from CEO Tony Xu which claimed that Doordash …

This week, Instacart enjoyed a bit of feel-good press thanks to a worker who credits his 300-pound weight loss journey to his job shopping for and delivering groceries via the app.

In an interview withGood Morning America on Tuesday, Chicago Instacart Shopper Antonio Martinez said he used the time spent on his feet and the grocery lists of healthy customers to strike a balance between work and exercise. By shopping for customers, Martinez said he also learned about healthier food options and where to buy them, as well as what the results of consistently eating healthier could look like.

“If I delivered (their grocery store order) and the customer was really fit, I would be like, ‘OK, what are they eating?’” Martinez said to Good Morning America. “It helped me learn a cleaner lifestyle just by mirroring what other people ordered.”

Martinez’s is an undeniable feel-good story, but it comes on the heels of comparatively darker news about Instacart. According to a July Eater story, the grocery shopping and delivery platform used tips to subsidize pay, forcing its workers (which Instacart and other gig platforms continue to fight to treat and pay as contractors instead of employees) to take low-paying deliveries and putting their safety at risk by hiding delivery addresses. Instacart was among a handful of similar startups using this method to stiff workers of tips. Over a month later, Recode says Doordash still hasn’t changed its tipping policy, despite a tweet from CEO Tony Xu which claimed that Doordash workers would receive their tips without subsidizing pay.

4/ Going forward, we’re changing our model – the new model will ensure that Dashers’ earnings will increase by the exact amount a customer tips on every order. We’ll have specific details in the coming days.

— Tony Xu (@t_xu) July 24, 2019

The root of the problem is that delivery workers for these apps are categorized as contractors, and most of the companies behind these apps will not recognize their employees as full-time laborers. Just last year, GrubHub was sued for not paying a minimum wage or overtime. According to Reuters, the lawsuit ruling was in GrubHub’s favor: Its employees remain independent contractors, without the rights of traditional employees like health insurance and sick days.

While Instacart has not specifically marketed Martinez’s weight loss story as an example of how its working conditions benefit shoppers, Amazon did exactly that last year. In December 2018, the 100-pound weight loss of an Amazon Flex delivery woman was touted as a benefit of the job, rather than an indication of labor intensity. Online, the marketing move received heavy criticism for “masking labor for wellness by an organization known to treat its workers poorly.” Recently, Amazon Flex came under fire for its worker conditionsand poor pay.

Not all positive news about Instacart belongs on a fluffy morning news segment, however. Venture Beat reports that Instacart has promised enhanced employee benefits to its workers, such as access to Care.com childcare, insurance, and student debt assistance. While the announcement certainly doesn’t have the same intrigue as a massive weight loss story, it’s how companies like Instacart change to meet their workers’ needs on a wider scale that will determine their long-term ethical standing.

READ MORE:

H/T: Good Morning America

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