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Shares At Under Armour Down On Profit Decline For 2020

Shares At Under Armour Down On Profit Decline For 2020

On Tuesday last week, Under Armour Inc forecast a surprise drop in their profit guidance for 2020.  The athletics wear brand blames their continued weakness in North America and caution from the coronavirus outbreak in China... 
Snap Shares Fall on Disappointed Earnings Beat

Snap Shares Fall on Disappointed Earnings Beat

Snapchat’s parent company, Snap, reported its Q4 2019 earnings after the closing bell, on Tuesday this week. Unfortunately, the report showed the company missed Wall Street’s revenue expectations, indicating the company... 
Amazon Breaks Ground on New Memphis Fulfillment Center

Amazon Breaks Ground on New Memphis Fulfillment Center

Amazon recently broke ground on a brand new 855,000-square-foot fulfillment center in Memphis, TN.  Apparently this plan has been in the works for some time but yesterday was the official, ground-breaking (literally)... 
BorgWarner Annoucnes $3.3M Acquisition of Delphi Technologies

BorgWarner Annoucnes $3.3M Acquisition of Delphi Technologies

On Tuesday morning, this week, BorgWarner Inc announced they have struck an all-stock acquisition with Delphi Technologies.  The deal is worth approximately $3.3 billion and aims to unite the two auto suppliers at a... 
Slack’s Explosive Earnings Could Put the Pressure on Microsoft

Slack’s Explosive Earnings Could Put the Pressure on Microsoft

Last week, Slack CEO Stewart Butterfield said that most of the company’s top customers use some parts of Microsoft’s Office 365 suite but choose Slack for messaging instead of the option built into Windows-based software.  This... 
Mercedes-Benz Owner Daimler Announces 10,000 Global Job Cuts

Mercedes-Benz Owner Daimler Announces 10,000 Global Job Cuts

Automaker Daimler has announced a plan to cut at least 10,000 jobs, globally, this year.  That would make the Mercedes-Benz owner just the most recent car company to shed workers as the whole industry rushes to make... 
Amazon practically giving away Woot! devices on one-day sale

Amazon practically giving away Woot! devices on one-day sale

November 11 is Chinese Alibaba’s giant one day sale event called Single’s Day and at the present time it is outdoing all previous sales with phenomenal sales  returns. Is Amazon joining in on this sales event... 
Beyond Meat Turns a Profit and Tops Estimates but Shares Still Dip

Beyond Meat Turns a Profit and Tops Estimates but Shares Still Dip

Beyond Meat has been making a lot of noise in the food industry, and for good reason. Plant-based meat alternatives are nothing new, of course, but these products have never been touted to taste like animal protein the way... 
Alphabet Shares Fall on Earnings Miss for Q3

Alphabet Shares Fall on Earnings Miss for Q3

Google’s parent company, Alphabet, released its earnings report for third quarter 2019 on Monday and the results beat analyst’s top line expectations.  Unfortunately, the report also showed that the technology... 
Verizon and Disney collaborate to give Verizon customers a whole free year of Disney+

Verizon and Disney collaborate to give Verizon customers a whole free year of Disney+

Verizon and Disney have gotten together and in a joint statement revealed that Verizon will be offering to all of its new and existing 4gLTE and 5G unlimited wireless customers a whole years worth of free Disney+. This is a... 
Walmart owned Flipkart to enter food retail business in India

Walmart owned Flipkart to enter food retail business in India

Flipkart, an e-commerce business in India, is going into the food retail business in order to expand across the nation, says its company’s CEO, Kalyan Krishnamurthy, in a statement to TechCrunch on Tuesday. The... 
Does Cleaning with Bleach Create Indoor Air Pollutants?

Does Cleaning with Bleach Create Indoor Air Pollutants?

Bleach is one of the most common—perhaps the most common—household chemical.  Obviously, the caustic liquid is a reliable disinfectant for sanitizing kitchen and bathroom surfaces, but it can also break up and remove... 
Amazon wants to use its digital voice assistant, Alexa, beyond the home

Amazon wants to use its digital voice assistant, Alexa, beyond the home

If you have Amazon’s digital voice assistant, Alexa, hooked up in your home, you are using it to turn on lights, switch TV channels, set timers when you are cooking or even turn on your microwave. But recent signs are showing... 
FTC Fines Google Citing YouTube Violations of Children’s Privacy Law

FTC Fines Google Citing YouTube Violations of Children’s Privacy Law

In a 3-2 vote, the Federal Trade Commission voted to fine Google an amount between $150 and $200 million. The fine, which was first reported by Politico, is a settlement regarding allegations that Google subsidiary YouTube violated... 
Sixteen states suing to keep T-Mobile and Sprint merger from happening

Sixteen states suing to keep T-Mobile and Sprint merger from happening

Oregon added itself to the list of states who are suing to keep T-Moble and Sprint from merging. This brings the total to 16 and giving the lawsuit more strength in its move to keep the competition in the telecommunications market... 
Uber Losses Prompt Hiring Freeze

Uber Losses Prompt Hiring Freeze

Uber Technologies Inc. (NYSE: UBER), facing mounting losses, has instituted a hiring freeze for several departments in the company. According to an Uber spokesman, a hiring freeze for software engineers and product managers will... 
Activision Blizzard Beats Second Quarter Expectations

Activision Blizzard Beats Second Quarter Expectations

Video game publisher Video game publisher Activision Blizzard, Inc. (NASDAQ: ATVI) announced results for the second quarter that beat Wall Street’s targets. The company says that the quarter outperformed its expectations... 
GM Announces Delay of Cruise EV Launch

GM Announces Delay of Cruise EV Launch

The automobile industry is in a state of flux, mostly caught in the middle of consumer demand for electric and hybrid-fuel vehicles as well as self-driving options. This demand is quite heavy, so everyone is in a rush to... 
Coca-Cola Sees Growth Year-over-year

Coca-Cola Sees Growth Year-over-year

Coca-Cola Co. (NYSE: KO) reported that its quarterly profit and sales rose year-over-year. For the second quarter, Coca-Cola reported a profit of $2.61 billion, or 61 cents a share, compared with a profit of $2.32 billion, or... 
Netflix Starts To Lose Subscribers

Netflix Starts To Lose Subscribers

Subscription video-on-demand service Netflix Inc. (NASDAQ: NFLX) released figures this week that show its first quarterly drop in U.S. subscribers since 2011. The company reported that it lost 126,000 U.S. subscribers in... 
Tesla Makes Big Changes To Lineup

Tesla Makes Big Changes To Lineup

Tesla Inc. (NASDAQ: TSLA) has announced some big changes to its vehicle lineup. According to a statement from the company, Tesla is discontinuing some versions of its vehicles and changing the pricing on others. The company only... 
Dow Jones and Standard & Poors Rally To New Heights This Week

Dow Jones and Standard & Poors Rally To New Heights This Week

Both the Dow Jones Industrial and the Standard & Poors 500 indexes made some major gains on Thursday, closing at record highs, as health insurer confidence grew on the heels of the Trump administration scrapping a plan that... 
Amazon Offering To Pay For Workers Tech Training

Amazon Offering To Pay For Workers Tech Training

Amazon.com Inc. (NASDAQ: AMZN) has announced plans to invest $700 million over the next six years to train 100,000 employees for higher-skilled jobs. Up to 95 percent of the cost of tuition would be paid for fulfillment-center... 
Will Toys R Us Come Back From the Dead This Holiday Season?

Will Toys R Us Come Back From the Dead This Holiday Season?

It has been about a year since Toys ‘R’ Us started shutting down its US operations but people close to the company have revealed that the nearly defunct toy chain is looking to make a triumphant return this coming holiday... 
Walmart Facing Big Loss On E-commerce Business

Walmart Facing Big Loss On E-commerce Business

Walmart Inc. (NYSE: WMT) is losing on its big bet to challenge Amazon.com on the e-commerce front. Walmart is now expected to lose at least $1 billion this year in its U.S. e-commerce division. According to reports, the e-commerce... 
Dow Surges on Hints of Rate Hike from the Fed

Dow Surges on Hints of Rate Hike from the Fed

The US stock market gained decent ground, late this week, mostly on signs that the Federal Reserve will, in fact, issue an interest rate cut.  Much of this translated through the market as the Standard & Poor’s... 
Grubhub Accused Of Cybersquatting On Restaurant Domains

Grubhub Accused Of Cybersquatting On Restaurant Domains

The business practices and fee structure of Grubhub Inc. (NYSE: GRUB) has long been under scrutiny, but now the company is accused of abusing businesses in a whole new way. A recent investigation has found that Grubhub may be... 
General Electric Share Value Slowing but Has Hope in Restarting Wind Business

General Electric Share Value Slowing but Has Hope in Restarting Wind Business

JPMorgan analyst Stephen Tusa has long been a General Electric bear but this week he seems to be changing his tune, a little. Tusa appears to think we can expect to see a decline in GE’s onshore wind-power business in 2021.  In... 
What Does T-Mobile and Sprint Have To Do For the DOJ To Approve the Merger?

What Does T-Mobile and Sprint Have To Do For the DOJ To Approve the Merger?

The United States Department of Justice is inching closer to approving the proposed $26 billion merger of T-Mobile and Sprint, but regulators are tightening their grip on the deal.  If the #3 and #4 US mobile service... 
Bayer To Invest Billions In New Product Development

Bayer To Invest Billions In New Product Development

German chemical and pharmaceutical company Bayer has announced plans to invest billions over the next decade to develop “additional methods to combat weeds” as questions swirl around the safety of its popular glyphosate-based Roundup... 
Fitness Company Peloton Ready For IPO

Fitness Company Peloton Ready For IPO

Peloton Interactive Inc. has announced that it is ready to file for an initial public offering. The home-exercise startup has filed the draft listing documents confidentially with the U.S. Securities & Exchange Commission.... 
JPMorgan Chase Settles Parental Leave Discrimination Case

JPMorgan Chase Settles Parental Leave Discrimination Case

JPMorgan Chase (NYSE: JPM) has agreed to settle a discrimination case related to its parental leave policy for fathers. The class-action case was prompted by a male employee of the company who claimed a denial of the opportunity... 
American Airlines Accuses Mechanics of Intentional Delays over Union Disputes

American Airlines Accuses Mechanics of Intentional Delays over Union Disputes

This week, American Airlines filed for a preliminary injunction to stop what the company claims to be an illegal slowdown by its mechanic staff.  According to American Airlines senior vice president of integrated operations,... 
Uber To Offer Rideshare To Great Barrier Reef

Uber To Offer Rideshare To Great Barrier Reef

Ride-share company Uber Technologies Inc. (NYSE: UBER) announced the launch of a new feature that allows customers to book a submarine trip through the company’s app. Uber riders in select Queensland, Australia, cities will... 
TV celebrity Chef Jamie Oliver’s restaurants in the UK go bankrupt

TV celebrity Chef Jamie Oliver’s restaurants in the UK go bankrupt

Jamie Oliver who gained celebrity status on television as the Naked Chef over a decade ago and who formed the Jamie Oliver Restaurant Group that oversees all of the famous chef’s restaurants in the UK and around the world declared... 
Walmart Announces Details Of New 300-acre Headquarters

Walmart Announces Details Of New 300-acre Headquarters

Walmart Inc. (NYSE: WMT) has announced plans to build an expansive new headquarters in Bentonville, Arkansas. The new campus will sit on more than 300 acres just a few blocks from its current location on the corner of S.W. 8th... 
Symantec Stock Suffers After CEO Departure

Symantec Stock Suffers After CEO Departure

Analysts believe Symantec Corp has quite the climb in terms of turning around its business and win back investor confidence after losing yet another top executive.  Chief Executive Officer Greg Clark is now the fifth... 
Dogfish Head Craft Brewer to Merge with Boston Beer Company in $300M Deal

Dogfish Head Craft Brewer to Merge with Boston Beer Company in $300M Deal

The Boston Beer Company announced, this week, a plan to acquire the smaller—but heavy-hitting—Dogfish Head Craft Brewery, adding one of the most beloved modern craft brewers to its portfolio.  The maker of the Sam... 
Siemens Spins Off Energy Division, Boost Shares

Siemens Spins Off Energy Division, Boost Shares

German technology and industrial giant Siemens announced, this week, a plan to spin off its struggling energy division, which it will merge with a different—and separate—listed wind turbine supplier Siemens Gamesa Renewable... 
Walmart Reveals Average Hourly Wage is Double Federal Minimum

Walmart Reveals Average Hourly Wage is Double Federal Minimum

It probably comes as no surprise that Walmart is the biggest employer in all of America.  Between floor staff to warehouse personnel to drivers and all the way up the chain of command, Walmart does indeed have the biggest... 
GM Could Sell Closed Lordstown Plant to EV Truck Company Workhorse

GM Could Sell Closed Lordstown Plant to EV Truck Company Workhorse

General Motors is currently in discussion to sell one of its recently closed North American factories to struggling EV startup Workhorse Group.  The Ohio-based startup has had a hard time the past year trying to launch... 
Uber Goes Public At Low End of IPO Range

Uber Goes Public At Low End of IPO Range

Uber has long been a favorite of the Silicon Valley unicorns, a promising logistics mobile app with seemingly endless possibilities. And this week the trading public will get to take a bite of that delicious promise as the ride-hailing...