Trading Ideas
How Should Investors Feel About SRAX, Inc.'s (NASDAQ:SRAX) CEO Pay?
In 2010 Chris Miglino was appointed CEO of SRAX, Inc. (NASDAQ:SRAX). This report will, first, examine the CEO… …read more […]
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Business News
Uber says will not share electric bike rider data with Los Angeles
Uber Technologies Inc said it would not share real-time location data of its electric bike riders with the city of Los Angeles, saying it would violate their privacy.
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Fiat Chrysler, Peugeot owner PSA in talks to combine: WSJ
Fiat Chrysler shares rose sharply after the report and were up more than 7% in late afternoon trading. Fiat Chrysler and Peugeot had no comment. Investors have speculated for several years that Fiat Chrysler was hunting for a merger partner, encouraged by the rhetoric of the company’s late chief executive, Sergio Marchionne. …read more […]
Business News
Beyond Meat butchered as stock sale ban lifted
Shares of Beyond Meat Inc plunged more than 20% on Tuesday as investors rushed to cash in after a restriction on selling stock lifted and worries mounted about rising costs and increased competition at the hugely popular plant-based meat producer.
Business News
IAC must face Tinder co-founder’s $2 billion lawsuit: NY appeals court
A New York state appeals court on Tuesday rejected IAC/InterActiveCorp’s bid to dismiss a $2 billion lawsuit by a group of Tinder founders, executives and early employees who said it undervalued the dating app to avoid paying them billions of dollars.
Business News
Facebook sues Israel’s NSO Group over alleged WhatsApp hack
Facebook Inc on Tuesday sued Israeli cyber surveillance firm NSO Group, alleging it hacked users of messaging platform WhatsApp earlier this year.
Business News
KKR earnings slide 23% as weaker deal activity hits revenue
Private equity firm KKR & Co reported a 23% year-on-year drop in its quarterly after-tax distributable profit on Tuesday, as fee revenue slid amid a broader slowdown in asset sales by buyout firms.
Business News
Oil rises on forecast of falling U.S. fuel stockpiles
Oil rose on Tuesday, paring earlier losses as investors focused on signs that U.S.-China trade tensions could ease next month and expectations that U.S. refined product stockpiles declined last week.
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Hudbay vows appeal after court affirms Arizona project ruling
U.S. District Judge James Soto late on Monday said there was no basis to reconsider an earlier ruling that overturned approvals for the company’s contentious Rosemont project in southeastern Arizona, delivering a setback for Hudbay as it seeks to revive plans for the stalled $1.9 billion open-pit mine. Hudbay’s director of investor relations, Candace Brule, said the company was disappointed with the decision and would proceed with an appeal as it studies next steps for the project. “This ruling confirms that the court continues to misinterpret decades of precedent and the federal regulations and mining laws that govern …read more […]
Business News
Amazon drops grocery delivery fee as competitors close in
Amazon.com Inc is eliminating its grocery delivery service free for Prime members in the United States and making shopping easier by combining AmazonFresh and Whole Foods Market ordering on a single site, in a bid to fend off rival grocery sellers like Walmart Inc and Kroger Co.
Business News
Apple Pay in EU antitrust spotlight as regulators seek details
Apple faces more regulatory woes in Europe as EU antitrust regulators ask online sales companies whether they have been told to use its mobile payment service instead of rival services, an EU document seen by Reuters showed.
Business News
New Juul CEO reshuffles top deck to fix image
Juul Labs Inc said on Tuesday its finance and marketing heads will step down, as new chief executive officer revamps top management in a bid to rebuild the e-cigarette maker’s public image amid intense scrutiny from regulators and lawmakers.
Business News
U.S. shipping sanctions to dent demand for dirty shipping fuel: Refinitiv
U.S. sanctions on a top Chinese shipping fleet is set to produce a totally unintended result — less burning of the dirtiest marine fuels at sea at the start of next year, Refinitiv data showed on Tuesday.
Business News
Airbus-owned Stelia Aerospace to build Portugal assembly plant
Stelia Aerospace, owned by European planemaker Airbus , will open a 40 million euro ($44 million) assembly plant near Porto in Portugal, creating 240 jobs, company and government officials said on Tuesday.
Trading Ideas
How Much Are Roper Technologies, Inc. (NYSE:ROP) Insiders Taking Off The Table?
It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also… …read more […]