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Fintech Focus For January 4, 2021
Sunday, January 3, 2021 - 12:58pm | 1446Read More...Quote To Start The Day: Cheers to a new year and another chance for us to get it right. Source: Oprah Winfrey One Big Thing In Fintech: The banking industry has not been spared from the impact of Covid-19. Bank of America, for one, saw profits drop 16% year-over-year (YoY) in Q3’20 to $4.9B...
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More Than 70 Accounts Promoting Bloomberg's Campaign Banned On Twitter
Monday, February 24, 2020 - 4:28am | 389Read More...Twitter Inc. (NYSE: TWTR) banned at least 70 accounts promoting Democratic presidential candidate Michael Bloomberg's campaign starting Friday, the Los Angeles Times reported. What Happened "We have taken enforcement action on a group of accounts for violating our rules against platform...
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Throwback Thursday: How The Media Covered Wall Street's 'Black Monday' In 1987
Thursday, October 19, 2017 - 3:30pm | 795Read More...The numbers spoke for themselves. 22.6 percent. 508 points. 604 million shares. They told the story of the SPDR Dow Jones Industrial Average ETF (NYSE: DIA) nightmare that shook the markets 30 years ago. Delayed print media and TV news eventually lent context to the “Black Monday”...
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The SeaWorld Turnaround Story Remains Misunderstood
Tuesday, May 23, 2017 - 11:01am | 437Read More...Don't short Shamu. Shares of SeaWorld Entertainment Inc (NYSE: SEAS) will rally as the company executes a five-point turnaround plan, Stifel analyst Steven Wieczynski said in a Tuesday note. SeaWorld bears point to concerns tied to branding, attendance, cost cuts and competitiveness, Wieczynski...
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Why Wall Street, And The Economy, Needs A Robust IPO Market
Tuesday, May 9, 2017 - 2:06pm | 434Read More...As the halfway point of 2017 approaches, the year has already seen some high profile IPOs, including Canada Goose Holdings Inc. Subordinate Voting Shares (NYSE: GOOS), Yext Inc (NYSE: YEXT) and J. Jill Inc (NYSE: JILL). The biggest and most anticipated certainly was Snap Inc (NYSE: SNAP), which...
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Lin-Manuel Miranda Could Join These 12 EGOT Winners
Tuesday, January 24, 2017 - 4:25pm | 287Read More...There are just 12 people that have won all four annual American entertainment awards, including the Emmy, Grammy, Oscar and Tony. The very few who have accomplished this feat have earned the "EGOT" acronym. The Current 12 Here is the list of all 12 individuals, the year in which they...
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CEO Of A Recruiting Firm Says His Son 'Sure As Heck Isn't Worth $15 An Hour'
Friday, January 6, 2017 - 12:30pm | 357Read More...The push for a mandated $15 an hour national wage may have gathered momentum this year as 20 states introduced a hike in their respective minimum wages. While a $15 an hour
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Which Candidate Are Gamblers Betting On In November?
Sunday, October 9, 2016 - 1:25pm | 391Read More...A pair of new election polls out on Friday shows Democrat Hillary Clinton leading Republican Donald Trump in an extremely close race. A Quinnipiac poll puts Clinton’s lead at 5 percent, and a Rasmussen poll shows it at only 1 percent. An LA Times/USC Tracking poll, on the other hand, has...
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How Does The Stock Market Trade In October Prior To 'Too Close To Call' Elections?
Friday, September 30, 2016 - 12:28pm | 335Read More...Following the first presidential debate on Monday, the presidential race is closer than ever. The latest LA Times/USC Tracking numbers out on Friday have Republican Donald Trump in the lead by 5 percent. A New Rasmussen Reports poll on Thursday has Democrat Hillary Clinton in the lead by 1 point....
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Hulu Walks On Eggshells With Advertisers, Consumers
Tuesday, June 7, 2016 - 10:50am | 405Read More...Does anyone still watch commercials? Not really, but advertisers aren't particularly worried, as they can still integrate products into TV shows. As an example, Hulu's streaming video format is ad-supported, but the company recently introduced an ad-free subscription tier. For marketers, this means...
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Tribune Declines Gannett's Takeover Offer Despite Company 'Getting Weaker'
Thursday, May 5, 2016 - 8:12am | 349Read More...Tribune Publishing Co (NYSE: TPUB), a multi-platform media and marketing solutions company, received an offer on April 12 from Gannett Co Inc (NYSE: GCI) to fully acquire the company at a price of $12.25 per share. Related Link: Tribune Publishing Confirms Unsolicited Offer From Gannett On Thursday...
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Herzer: Sumner Redstone A 'Pawn' In 'Chairmanship Battle'
Friday, February 19, 2016 - 2:59pm | 256Read More...Former CBS Corporation (NYSE: CBS) and Viacom, Inc. (NASDAQ: VIAB) chairman Sumner Redstone's former caretaker Manuela Herzer claimed Redstone was manipulated in the chair transition as his health deteriorated. “Sumner has become a pawn in a highly-publicized battle for the Chairmanship...
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Tesla Shares Crashing After Consumer Reports Pulls Model S Recommendation
Tuesday, October 20, 2015 - 1:36pm | 435Read More...Shares of Tesla Motors Inc (NASDAQ: TSLA) plunged lower by more than 6 percent early Tuesday afternoon. Consumer Reports withdrew its Model S recommendation. Consumer Reports, citing poor reliability, slapped the car with a "worse-than-average" rating. Shares of Tesla heavily sold off by more...
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LA Times Editor On Tesla Story: 'Not Defending The Story, Because It Speaks For Itself'
Tuesday, June 2, 2015 - 12:11pm | 458Read More...Los Angeles Times recently published a story that highlighted how companies founded by Elon Musk – Tesla Motors Inc (NASDAQ: TSLA), SolarCity Corp (NASDAQ: SCTY) and SpaceX – have received about $4.9 billion in government support. Following this, Musk spoke with CNBC and denied that...
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Watch Out, Mickey D's: Jack In The Box Is Making Some Serious Gains
Monday, April 14, 2014 - 3:20pm | 542Read More...As McDonald's (NYSE: MCD) and Taco Bell (NYSE: YUM) fight over the very lucrative fast-food breakfast market, they might want to watch their backs – Jack in the Box (NASDAQ: JACK) is gaining on them. The San Diego-based company operates more than 2,250 Jack in the Box outlets in 21 states. Its...















