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Business

“To Reduce Debt, Cumulus Considers Selling 250 Tower Sites.”

February 26, 2020

“CEO Mary Berner said last week the company is “considering strategic alternatives” for the Cumulus tower portfolio, which includes more than 250 sites across 32 states. Even though a radio station can’t operate without a tower, Berner, like other executives,… Continue Reading…

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Business, Stocks

“Bob Iger to step down as Disney CEO, effective immediately”

February 26, 2020

“Bob Iger will step down as Disney CEO and assume the role of executive chairman, Disney announced Tuesday. Bob Chapek, who most recently served as chairman of Disney parks, experiences and products, will assume the role of CEO, effective immediately, Disney announced. Chapek will… Continue Reading…

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Business, Economy

“Small business confidence rises, signaling a more positive outlook for the US economy”

February 20, 2020

“Small business sentiment is on the rise to kick off 2020, with confidence nearing all-time highs, according to data from CNBC and SurveyMonkey. The CNBC/SurveyMonkey Small Business Confidence Index climbed two points in the first quarter, from 59 to 61, as… Continue Reading…

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Business

“Pinterest Generated Over $1 Billion in Revenue Last Year”

February 10, 2020

“Here are some highlights: Q4 Revenue: $400 million, +46% YOY, versus $371 million expected Q4 EPS: 12 cents, versus 8 cents expected Q4 Global Monthly Active Users (MAUs): 335 million, +26% YOY. Q4 GAAP Net loss: $36 million, 176% YOY Q4 ARPU (Average… Continue Reading…

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Business, Stocks

“5 powerful tech companies now make up 18% of the stock market…”

February 6, 2020

“We are here to say that yes, there is life outside of investing in Apple, Microsoft, Amazon, Google and Facebook. Unfortunately, most investors don’t agree — and it could end badly for them at some point. Those five powerful tech… Continue Reading…

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Business

“Coca-Cola Stock Hits All-Time High After Strong Quarter”

February 4, 2020

“Dow component The Coca-Cola Company (KO) posted an all-time high above $59 on Friday, one day after the beverage giant filed a solid fourth quarter 2019 report that exceeded conservative revenue estimates. Revenue grew an impressive 28.2% year over year,… Continue Reading…

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Business, Stocks

“J.C. Penney in danger of being booted from New York Stock Exchange”

February 3, 2020

“Shares are required to maintain an average closing price of at least $1 over a 30-trading day period. The company has six months to regain compliance… J.C. Penney shares have plunged more than 93 percent since March 2016 amid changing consumer… Continue Reading…

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Business

“Microsoft earnings up as cloud business continues its expansion”

January 30, 2020

“Microsoft reported better-than-expected earnings and revenue for the three months ending in December, easily beating analysts’ estimates and sending its stock up 3% in after-hours trading Wednesday… Sales at Microsoft grew 14% from the prior year to $36.9 billion in… Continue Reading…

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Business

“Apple delivers best-ever quarter, powered by iPhones, services”

January 29, 2020

“Apple on Tuesday posted record results for the final three months of last year delivered by gains in iPhone sales even as the company transitions to digital services and wearables… Net profit hit an all-time high of $22 billion on… Continue Reading…

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Business, Stocks

“Ritter Pharmaceuticals, Inc. and Qualigen, Inc. Announce Merger Agreement”

January 24, 2020

“Upon completion of the merger, the Company will change its name to Qualigen, Inc., or a similar name selected by Qualigen… …the pre-merger Ritter Pharmaceuticals stockholders will own approximately 7.5% of the post-merger combined company and the pre-merger Qualigen stockholders… Continue Reading…

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