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UK Soccer Players Abandon Pound, Demand Payment In Euros
Article By: Tyler Durden
Sunday, June 4, 2017 2:40 AM EDT
Leading English Premier League football (soccer) stars are demanding to be paid in euros because of the weak value of the Pound, according to Manchester United, the wealthiest club in world football.
In this article: MANU, FXE, FXB
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J.M. Smucker To Acquire Wesson Oil Brand From Conagra Brands For $285M
Article By: The Fly
Tuesday, May 30, 2017 10:35 AM EDT
The transaction is expected to generate EBITDA of approximately $30M and contribute approximately 10c to the company's adjusted earnings per share in the first full year after closing.
In this article: CAG, SJM
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Snap Aims To Use Discounts To Entice Advertisers
Article By: Anyoption
Monday, May 29, 2017 8:43 AM EDT
To boost growth in the second quarter earnings, Snap is reportedly offering discounts to advertisers. First quarter earnings were very bad, causing the stock to crumble, however some positive aspects make Snap a good investment.
In this article: SNAP Also: GOOG, META
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General Motors To Pull Out Of India On Weak Market Share
Article By: Anyoption
Tuesday, May 23, 2017 5:39 AM EDT
There were many factors for General Motors not being able to focus on the market in India. Some of those issues came way before the expansion plan was announced. Still, it had a negative effect on operations in India.
In this article: GM
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2017-Q2's Dividend Cuts Suggest Return Of Recessionary Conditions
Article By: Ironman
Tuesday, May 23, 2017 3:58 AM EDT
Although you wouldn't know it from the just completed earnings season for 2017-Q2, the number of dividend cuts announced to date in the current quarter indicate that recessionary conditions have returned in May 2017.
In this article: SSI
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In Major Shake Up, Ford Fires CEO Mark Fields As Punishment For Declining Stock Price
Article By: Tyler Durden
Monday, May 22, 2017 9:46 AM EDT
It remains to be seen, however, if and how the new CEO can deliver a stock price rebound amid an auto industry landscape that is suddenly looking far weaker, amid sliding auto loan demand and plunging used car prices.
In this article: F
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Yahoo Commences Modified Dutch Auction Tender To Purchase Up To $3B Of Stock
Article By: The Fly
Tuesday, May 16, 2017 9:16 AM EDT
The company believes that the tender offer provides a mechanism for completing a sizable repurchase of its shares more rapidly than would be possible through open market purchases.
In this article: YHOO Also: VZ, BABA
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Dick's Slammed After Company Admits It Doesn't Know How To Calculate EBITDA
Article By: Tyler Durden
Sunday, May 14, 2017 2:58 AM EDT
First it was non-GAAP adjustments, then it was stock buybacks, then it was fudging the effective tax rate; and now, the most creative way to "boost" one's earnings.
In this article: DKS
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Etsy Stock Plummets 16% After Q1 Revenue Miss, CEO Resigns
Article By: Zacks Investment Research
Wednesday, May 3, 2017 3:20 AM EDT
Etsy’s total revenue was $97 million, up 18.4% year-over-year. The company posted gross profits of $62.2 million, up 15.4% sequentially. However the company reported an overall first quarter loss of $421,000.
In this article: ETSY
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Infosys To Hire 10,000 American Workers After Trump Blasts "Rampant, Widespread H-1B Abuse"
Article By: Tyler Durden
Tuesday, May 2, 2017 12:06 PM EDT
Infosys is the largest user of the H-1B visa program with over 25,000 filings per the Department of labor.
In this article: INFY
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General Motors Loses Supreme Court Battle Over Ignition Switches
Article By: Anyoption
Tuesday, April 25, 2017 7:52 AM EDT
As a result of the faulty switch there were 124 deaths and 275 injuries. How does this ruling affect General Motor’s stock? The main issues is that there are slated to be an additional 1,000 or more lawsuits against the company.
In this article: GM
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State Pension Funds Take On More Risk, Higher Fees For Worse Returns
Article By: ValueWalk
Monday, April 17, 2017 10:50 AM EDT
State and locally run retirement systems are increasingly turning to alternative and complex investments to help boost returns but these decisions may not be best for all stakeholders involved according to a new Pew Charitable Trusts report.
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Biogen Licenses Phase 2 Anti-Tau Antibody From Bristol-Myers
Article By: The Fly
Thursday, April 13, 2017 9:54 AM EDT
With an expanded AD pipeline that includes a range of anti-tau and anti-amyloid candidates as well as a BACE inhibitor program, Biogen is targeting multiple mechanisms implicated in the disease.
In this article: BIIB Also: BMY
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Big U.K. Banks To Face Tougher 2017 Stress Test Scenarios
Article By: Zacks Investment Research
Wednesday, March 29, 2017 4:56 AM EDT
This will be the first time that major U.K. banks will be tested under “exploratory scenario.” The BoE’s primary aim to conduct this test is to scrutinize banks’ strategic responses to a more challenging operating backdrop.
In this article: BCS, HSBC, LYG, RBS, SCBFF
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What A Westinghouse Bankruptcy Could Mean For U.S. Utilities
Article By: OilPrice
Tuesday, March 28, 2017 9:00 AM EDT
The worst case scenario for utility investors would be if the utilities had to cancel the projects and take big write offs. But we assign a very low probability to this scenario.
In this article: SCG, TOSBF, SO
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Ford Stock Slumps To Post-Election Lows After Slashing Guidance
Article By: Tyler Durden
Thursday, March 23, 2017 9:54 AM EDT
Ford: "We are establishing earnings per share guidance for the first quarter of 2017 in the range of $0.30 to $0.35 for both earnings per share (GAAP) and adjusted earnings per share (non-GAAP)."
In this article: F
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