Archive — Page 12
Browse historical coverage in reverse chronological order.
(PTON) – Peloton’s Worth A Ride, Baird Says In Bullish Initiation
Baird Equity Research started coverage of Peloton Interactive, Inc. (NASDAQ: PTON) with a bullish rating, citing a large potential market and disruptive platform. The Analyst Baird’s Jonathan Komp initiated coverage of Peloton with an…
China tempers optimism for a trade deal ahead of talks
Chinese President Xi Jinping (R) and US President Donald Trump attend their bilateral meeting on the sidelines of the G20 Summit in Osaka on June 29, 2019. Brendan Smialowski | AFP | Getty Images China poured cold water on hopes for a…
Facebook’s Zuckerberg to testify before U.S. House panel on Oct. 23
FILE PHOTO: Facebook CEO Mark Zuckerberg testifies before a House Energy and Commerce Committee hearing regarding the company’s use and protection of user data on Capitol Hill in Washington, U.S., April 11, 2018. REUTERS/Leah Millis/File…
IATA: Slowdown In Airfreight Demand Accelerated In August
The International Air Transport Association said Wednesday that global demand for airfreight declined at a faster rate in August than July, contracting 3.9% compared to 2.4% the month before. And international airfreight volume fell 4.6%…
China’s surveillance firms defend themselves after US blacklisting
Surveillance cameras are mounted on a post as the Hangzhou Hikvision Digital Technology Co. logo is displayed atop the company’s headquarters in Hangzhou, China, on Tuesday, May 28, 2019. Hikvision, which is controlled by the Chinese…
(HBT) – HBT Financial IPO: What You Need To Know
A growing bank in northeastern Illinois is looking for your deposit. The IPO HBT Financial Inc. (NASDAQ: HBT) will issue 8.3 million shares on the Nasdaq under ticker “HBT,” according to the firm’s S-1 filing. Priced between $17 and $19,…
AT&T to sell certain assets in Puerto Rico, U.S. Virgin Islands for $1.95 billion
(Reuters) – AT&T Inc (T.N) said on Wednesday it would sell its wireless and wireline operations in Puerto Rico and U.S. Virgin Islands to Liberty Latin America Ltd (LILA.O) for $1.95 billion, as the second-largest U.S. wireless carrier…
Facebook CEO to Testify at House Panel About Libra
Facebook CEO Mark Zuckerberg testified before Congress last year. Photo: Andrew Harnik/Associated Press Facebook Inc. FB 0.93% Chief Executive Mark Zuckerberg is slated to return to Capitol Hill later this month to testify before a House…
New Frontier Data Acquires Zefyr In $10M Deal
The annabis-focused analytics company, New Frontier Data, announced an agreement Wednesday to acquire Zefyr, Inc., a data discovery and profiling platform serving the cannabis industry. Zefyr collects data and uses tools such as…
Domino’s Growth Story Is Getting Stale
Domino’s Pizza shareholders, for now, are able to digest bad news. The world’s largest pizza chain reported quarterly sales of $821 million, same-store sales growth of 2.4% and adjusted earnings of $2.05 a share, all of which were…
These losing stocks have more room to fall, Morgan Stanley says
Traders work after the closing bell at the New York Stock Exchange (NYSE) on August 12, 2019 at Wall Street in New York City. Johannes Eisele | AFP | Getty Images If you still own these stocks, watch out for more losses ahead. Morgan…
Toys R Us relaunches its website where online sales are powered by Target – StockSharksNewsh
Toys R Us is back online, thanks to a new deal with Target. Tru Kids, the parent company that acquired the defunct toy chain following its bankruptcy, has announced the relaunch of the ToysRUs.com website as it begins the process of…
South Korea Combats Swine Virus While North Turns Its Back
South Korean troops have a new enemy to watch out for: diseased pigs stumbling and swimming across from North Korea. After reports of an outbreak of African swine fever in North Korea in May, soldiers along the border were ordered to…
Why Microsoft Xbox isn’t as popular in Japan as Sony’s PlayStation
When Microsoft announced it was developing a video game console, the industry was skeptical. In the ’90s, Microsoft was known for its software, not its hardware business. Almost two decades later, Microsoft’s Xbox has become a popular…
Weekly mortgage refinances jump 10%
A home mortgage sign on a Wells Fargo branch in Brooklyn, New York. Getty Images An unexpected decline in mortgage interest rates had homeowners calling their lenders last week, looking to save money on their monthly payments. Refinance…
Huawei welcomes EU report on 5G networks, ready to work to make them safe
FILE PHOTO: A Huawei sign at the IFA consumer tech fair in Berlin, Germany, September 6, 2019. REUTERS/Hannibal Hanschke/File Photo BERLIN (Reuters) – Huawei Technologies on Wednesday welcomed a European Union strategy statement on 5G…
Turkey Begins Offensive in Syria Amid U.S. Pullout
ISTANBUL—The Turkish military began an offensive in Syria Wednesday to seize territories held by U.S.-backed Kurdish forces, opening a new front in the war-ravaged country. Turkish authorities kicked off the military incursion despite…
Nobel Prize in Chemistry Awarded to Developers of Lithium-Ion Batteries
The Nobel Prize in Chemistry was awarded to three scientists for their work developing lithium-ion batteries—power sources that touched off a technological revolution that gave rise to cellphones and electric cars. U.S. engineer John B.…
Global Tax Proposal Widens Net Beyond Tech Giants
The search for a new agreement on how countries should tax multinational corporations advanced Wednesday, as international negotiators proposed new rules that would force tech giants such as Facebook Inc., Amazon.com Inc. and Alphabet…
Aramco IPO Prospectus Due to Be Published Before Month-End
Saudi Arabia’s preparations to list Saudi Arabian Oil Co. are in full swing, with the company expected to publish its prospectus before the end of the month, people familiar with the matter said, paving the way for a final decision soon…
Robinhood Joins the Online Cash War
Robinhood Markets Inc. said it would offer a new higher-yielding cash account, in a bid to grow from its commission-free trading roots as bigger rivals scrap trading fees. The brokerage said Tuesday it would offer 2.05% annually on…
WeWork is reportedly seeking a $4 billion lifeline from SoftBank and JPMorgan
WeWork is reportedly seeking a $4 billion lifeline from SoftBank and JPMorgan. The shared-workspace group is in talks with its largest investor for a $1 billion injection, which it hopes to parlay into a $3 billion debt deal with the…
Honda Subsidiary Acquires Startup Drivemode For Undisclosed Amount
Honda R&D Co., Ltd., a research and development subsidiary of Honda Motor Co Ltd , has acquired all of the outstanding shares of California-based Drivemode, Inc. The acquisition was completed Sept. 26 when Drivemode became a wholly owned…
Stars Group Trades Higher On All-Stock Merger With Flutter Entertainment
The Stars Group shares are trading higher after the company announced an all-stock merger with Flutter Entertainment. The merger will combine two businesses in the sports betting and gaming sector. On completion of the merger, Flutter…
Cramer sounds the alarm about a major pillar of US economy
CNBC’s Jim Cramer raised concerns Friday about a major part of the U.S. economy. The “Mad Money” host said he’s feeling a new level of “anxiety about industrial” companies. “Small- and medium-sized businesses [are] doing well; big…
Oil heads for weekly gain of around 8% after Saudi attacks
NEW YORK (Reuters) – Oil prices rose more than 1% on Friday, with Brent set for its biggest weekly gain since January, lifted by rising Middle East tensions and supply concerns after an attack on Saudi Arabia’s energy industry last…
Facebook has suspended ‘tens of thousands’ of apps suspected of hoarding data – StockSharksNewsh
Facebook has suspended “tens of thousands” of apps connected to its platform which it suspects may be collecting large amounts of user profile data. That’s a sharp rise from the 400 apps flagged a year ago by the company’s investigation…
North Korea Names Nuclear Negotiator
SEOUL—North Korea named a veteran diplomat with extensive U.S. experience as its chief negotiator for working-level talks with Washington, while praising President Trump for dismissing national security adviser John Bolton. Kim Myong Gil,…
RateLinx Launches Platform To Help Data Drive Strategy, Not Just Efficiency
Shippers are being asked to innovate by their customers, but introducing new technologies and services often comes with a high price tag. Logistics data and technology provider RateLinx has created a new Data-as-a-Strategy Platform to…
Bondholders Stranded as HNA-Backed Airport Defaults
In a departure from HNA Group Co.’s record of paying back international bondholders despite its financial constraints, an airport partly owned by units of the Chinese conglomerate has failed to repay holders of its dollar bonds on time.…
Weiss Crypto Price Indexes This Week: Altcoins Outperform
by Juan M. Villaverde For most of 2019, Bitcoin has led the crypto market. This week, however, large- and mid-cap altcoins have suddenly jumped into the spotlight and spurted higher, while Bitcoin went virtually nowhere. To better track…
Federal prosecutors, regulators broaden market manipulation probe
Federal prosecutors and regulators are expanding their already aggressive investigations of allegedly fraudulent precious metals trades at J.P. Morgan Chase to other U.S. markets and financial firms, CNBC has learned. The broader inquiry…
Facebook’s Zuckerberg pledges cooperation with U.S. antitrust probe: congressman
FILE PHOTO: Facebook CEO Mark Zuckerberg testifies before a House Energy and Commerce Committee hearing regarding the company’s use and protection of user data on Capitol Hill in Washington, U.S., April 11, 2018. REUTERS/Leah Millis/File…
Taiwan Loses Another Diplomatic Tie, as China Continues Isolation Campaign
BEIJING—Kiribati has become the second Pacific nation in less than a week to end diplomatic relations with Taipei and switch allegiance to Beijing, reflecting China’s strategic gains in the region while squeezing an increasingly isolated…
Zoom Video Communications, Inc. (NASDAQ:ZM), (PD) – 13 Stocks With Short Squeeze Potential
One of the most powerful tradable market events is a short squeeze, so traders are always on the lookout for the next short squeeze candidate. S3 Partners analyst Ihor Dusaniwsky has just released a list of potential short squeeze stocks…
Border wall, Iran, Space Force among hurdles for $700 billion U.S. defense bill
WASHINGTON (Reuters) – Disputes between U.S. Republicans and Democrats over President Donald Trump’s proposed border wall, Space Force and his ability to launch a war with Iran are among the biggest obstacles Congress faces in passing a…
(ACB), (CBDY) – Cannabis Gainers And Losers From September 16, 2019
Gainers Driven Deliveries (OTC: DRVD) shares rose 18.18% to close at 78 cents. Intec Pharma (NASDAQ: NTEC) shares increased by 8.7% to close at $1.25. Cannabics Pharmaceuticals (OTC: CNBX) shares appreciated by 5.84% to 21 cents. Elixinol…
Amazon’s crowdsourced Q&A community Alexa Answers goes live for all – StockSharksNewsh
In December, Amazon launched a crowdsourced Q&A platform into beta with the goal of improving Alexa’s ability to answer questions. That feature, Alexa Answers, is now live to all. Amazon says the feature was well-received by the early…
California Senate passes bill to tighten ‘gig’ worker rule
SAN FRANCISCO (Reuters) – The California State Senate voted on Tuesday to pass a bill that would make it much more difficult for companies like Uber Technologies Inc (UBER.N) and Lyft Inc (LYFT.O) to classify workers as independent…
Yankee, Sinclair, Amazon to buy YES Network from Disney
Yankee Global Enterprises, with strategic partners Sinclair Broadcast Group and Amazon, today announced the purchase of the YES Network from The Walt Disney Company acquiring the 80 percent of the YES Network not already held by Yankee…
LinkedIn change to learning tools registration upsets librarians
Boston Public Library reading room Betty Wiley | Getty Images Add librarians to the list of people angry at big tech in 2019. Librarians across the country are vocalizing their frustration with LinkedIn over a new policy to its Lynda.com…
Activision Blizzard shares higher following ‘WoW Classic’ launch
Activision Blizzard, Inc. launched its highly anticipated “World of Warcraft Classic” on Monday. The game brings players back to the beginning of “World of Warcraft” and was timed for the game’s 15-year anniversary. “WoW Classic” topped 1…
Altria, Philip Morris discuss reunion merger
Cigarette maker Philip Morris International Inc. (NYSE: PM) said Tuesday it’s in discussions about the possibility of reuniting with industry leader Altria Group, Inc. (NYSE: MO) in a possible blocbuster all-stock merger that would create…
Can You Vape At Disneyland? Here’s The Risk
By WeedMaps News‘ Lindsey Bartlett, provided exclusively to Benzinga Cannabis. Disneyland is often referred to as the “Happiest Place on Earth,” but for adults aged 21-and-up, couldn’t it be happier? Anecdotes of people getting busted for…
WeWork acquires co-working rival Spacious
WeWork, now known as The We Company, announced this morning the acquisition of a rival co-working business, Spacious. The three-year-old, New York-based startup turns restaurants that sit empty during the day into co-working spaces, and…
Risk of a global recession is ‘high and rising’
A pedestrian passes in front of a statue of a bull in the Wall Street area in New York City. Doug Kantor | AFP | Getty Images The downtrend in some global economies is becoming contagious as weakness in the manufacturing sector begins to…
Here are the 82 startups from day 2 of Y Combinator’s S19 Demo Days – StockSharksNewsh
Team TechCrunch was back for Day 2 of Y Combinator’s Summer 2019 Demo Days where we heard from another massive chunk of startups that are taking disruption very seriously, even if they’re aiming to upend companies that only launched in Y…
Living With Hong Kong Protests: Tips on Tear Gas, Tracking Children
Claire Law tracks her daughter’s location in Hong Kong using a map on the Snapchat app and messages her hourly. Paige Macgregor and her family have stopped taking the subway and buses. Hui Wan Fung and his wife are going out less. More…
‘Shooting,’ ‘Bomb,’ ‘Trump’: Advertisers Blacklist News Stories Online
Like many advertisers, Fidelity Investments wants to avoid advertising online near controversial content. The Boston-based financial-services company has a lengthy blacklist of words it considers off-limits. If one of those words is in an…
India to Ease Restrictions in Kashmir After Protests, and Economy, Slow
NEW DELHI—India’s government said it would begin to relax communications and other restrictions in the disputed northern state of Jammu and Kashmir after initiating the curbs last week in a bid to prevent unrest. New Delhi on Aug. 5…
Letter From Jailed New Zealand Shooter Was Posted Online
The white supremacist charged in the New Zealand mosque attacks that killed 51 people was permitted to send letters to supporters from jail, authorities in the country said, including one that was posted to a forum that has been a home…
Letter From Jailed New Zealand Shooter Was Posted Online
The white supremacist charged in the New Zealand mosque attacks that killed 51 people was permitted to send letters to supporters from jail, authorities in the country said, including one that was posted to a forum that has been a home…
Bose NC700 headphones review
Bose NC700 headphones CNBC | Mack Hogan Bose had long been the king of noise-canceling headphones with products like the QuietComfort 35 and QuietComfort 35 II. That was until Sony dropped the WH-1000XM3 headphones last year and started…
Strong Earnings Allay Fears Over Trade and Growth—for Now
Corporate profits are proving to be more resilient than expected in the second quarter, nudging the stock market higher this month and distracting from anxieties about trade and economic growth. Of the 225 S&P 500 companies that have…
Goldman Sachs ups S&P 500 forecast but cuts earnings outlook
A Goldman Sachs sign is seen on at the company’s post on the floor of the New York Stock Exchange. REUTERS/Brendan McDermid Goldman Sachs raised its 2019 year-end price target for the U.S. benchmark S&P 500 index by 3% to 3,100 on…
Kim Kardashian-West tweets mystery complaint to Jack in the Box
Kim Kardashian is not happy with Jack in the Box, and she wants everyone to know of her problem. She just doesn’t want to say what that problem is. The reality star posted the complaint to her Twitter account, asking for someone from the…
Morgan Stanley: More tariffs on China could trigger a global recession
More tit-for-tat tariffs in the U.S.-China trade war could set the global economy up for a recession, according to Morgan Stanley. “If talks stall, no deal is agreed upon and the U.S. imposes 25% tariffs on the remaining $300 billion of…
Maisie Williams’ talent discovery startup Daisie raises $2.5 million, hits 100K members
Maisie Williams’ time on Game of Thrones may have come to an end, but her talent discovery app Daisie is just getting started. Co-founded by film producer Dom Santry, Daisie aims to make it easier for creators to showcase their work,…
Facebook’s Sheryl Sandberg pushes back on calls for breakup of tech giant
Facebook COO Sheryl Sandberg said recent calls for the tech giant to be broken up won’t address the issues that have prompted a backlash against Big Tech. “You could break us up, you could break other tech companies up, but you actually…
The Federal Reserve is preparing the American financial system to withstand climate change
The Federal Reserve is taking steps to prepare the American financial system for the effects of climate change, according to Chairman Jerome Powell. But Powell noted that climate-related risks do not fit squarely within the central bank’s…