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Netflix Hits New Record High After Smashing Subscriber Expectations, Unveils $17 Billion In Content Commitments
Article By: Tyler Durden
Tuesday, October 17, 2017 2:09 AM EDT
After some initial confusion, Netflix stock surged after hours, a repeat of what it did last quarter, soaring above its all time high price, up over 2% after reporting Q3 numbers.
In this article: NFLX
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Equifax Confirms 15.2m Customers In Europe Were Hacked
Article By: The Fly
Wednesday, October 11, 2017 6:30 AM EDT
Equifax's European unit confirmed that a file containing 15.2M United Kingdom records dating from between 2011 and 2016 was 'illegally compromised.
In this article: EFX
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The Largest Hack Ever? Yahoo Admits 2013 Data Breach Impacted All 3 Billion Accounts
Article By: Tyler Durden
Wednesday, October 4, 2017 8:59 AM EDT
In October, before the second breach was even disclosed, Verizon signaled that it would likely consider the data breach to be a “material event”, allowing it to change the terms of its deal to buy Yahoo, which it did in February.
In this article: YHOO Also: VZ
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EU Hits Amazon With Unpaid Tax Bill, Will Sue Ireland For Failing To Collect Apple Taxes
Article By: Tyler Durden
Wednesday, October 4, 2017 6:14 AM EDT
Amazon was hit with an order to repay €250m, plus interest, after the EU Commission said Luxembourg illegally slashed the company's bill, making the world’s biggest online retailer the latest U.S. giant to fall afoul of the EU's state-aid rules.
In this article: AMZN
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Watch Live: Former Equifax CEO Faces Congressional "Public Shaming" Over Hack Farce
Video By: Tyler Durden
Tuesday, October 3, 2017 10:12 AM EDT
Former Equifax CEO Richard Smith can expect a serious grilling this morning as he faces a congressional hearing into the utter farce surrounding the company's gross mishandling of a cyber-security breach.
In this video: EFX
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Hanging On Every Word: Natural Language Processing Unlocks New Frontier In Corporate Earnings Sentiment
Article By: ValueWalk
Sunday, October 1, 2017 4:08 AM EDT
CEOs using more words per sentence or increasing the number of polysyllabic words in their earnings calls, can be telltale signs of future earnings and share price declines.
In this article: QQQ, STX
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Equifax Chairman, CEO Richard Smith Retiring Effective Immediately
Article By: Tyler Durden
Tuesday, September 26, 2017 9:25 AM EDT
Less than two weeks after the biggest hack in U.S. corporate history, moments ago the company announced that the exodus from the sinking ship continued when company Chairman and CEO, Richard Smith, has also retired effective immediately.
In this article: EFX
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Facebook Dives After CEO Says Stock Appreciation 'Can Fully Fund' Charity
Article By: The Fly
Tuesday, September 26, 2017 5:00 AM EDT
Shares of social media giant Facebook dived on Monday after the founder and chief executive officer Mark Zuckerberg ditched plans to create a new class of shares. Zuckerberg also said late Friday that he would sell shares in the company.
In this article: FB Also: GOOG, GRPN, ZNGA
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Toys "R" Us Files Chapter 11: Second Largest US Retail Bankruptcy In History
Article By: Tyler Durden
Tuesday, September 19, 2017 8:22 AM EDT
With assets of $6.9 billion, it’s the second-largest retail bankruptcy, trailing the filing in 2002 by Kmart, which had $14.6 billion in assets.
In this article: WMT, AMZN
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More Equifax Lies? Company Originally Hacked Five Months Earlier Than It Disclosed
Article By: Tyler Durden
Tuesday, September 19, 2017 3:00 AM EDT
The revelation of an earlier breach - and one which comes from the press instead of the company itself - will likely raise questions for the company’s executives over whether that investigation was sufficiently thorough.
In this article: EFX
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Vanguard REIT ETF: Index Change Could Lead To Lower Risk, Lower Yield
Article By: David Dierking
Sunday, September 17, 2017 2:19 PM EDT
Investors have committed more than $35 billion to the Vanguard REIT ETF making it the 19th largest ETF in the marketplace. Despite its size and success, the fund is about to make some changes and dividend investors might not like it.
In this article: VNQ Also: FREL, AMT, CCI, WY, XLRE
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Gasp: Companies Are Spending Less On Stocks
Article By: The Heisenberg Report
Friday, September 15, 2017 12:59 PM EDT
The temptation to leverage the balance sheet in pursuit of likely ephemeral EPS gains is hard to resist and when management’s compensation is linked to equity, the stage is set for prudence to be summarily tossed aside in favor of debt-fund
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Teva Hires Kare Schultz As CEO: Is A Recovery In The Cards?
Article By: Zacks Investment Research
Monday, September 11, 2017 10:04 AM EDT
Teva Pharmaceutical Industries Limited announced the appointment of Kåre Schultz as president and chief executive officer, thus ending the Israeli generic maker’s long search for a permanent CEO. Share rose more than 12% in pre-market trading.
In this article: TEVA Also: NVO, MNTA, MYL
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Amazon Slashes Whole Foods Prices As Much As 43%, Channel Checks Reveal
Article By: Tyler Durden
Monday, August 28, 2017 8:28 AM EDT
European grocery stocks ticked lower again, while Kroger was down 2%, as apparently the size of the markdowns came as a surprise to the market and as Whole Foods peers will now struggle to catch down to its heavily subsidized competitor.
In this article: WFM, AMZN Also: WMT, KR
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Sears Same-Store Sales Plunge 11.5%; To Close Another 28 Stores
Article By: Tyler Durden
Thursday, August 24, 2017 7:58 AM EDT
Sears same-store sales fell 11.5%, including a decline of 9.4% for Kmart stores, and a drop of -13.2% at Sears stores. Spinning the worse than expected drop in traffic, Sears said that July was the best quarter for the company.
In this article: SHLD
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Wayfair Should Worry About Amazon
Article By: Sramana Mitra
Monday, August 14, 2017 10:41 AM EDT
Wayfair may be delivering impressive growth, but it should still be worried about the elephant in the room – Amazon. Wayfair’s average order price of nearly $250 suggests that it is not really selling big furniture pieces.
In this article: W Also: AMZN
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