March 5, 2020
“Airlines could lose $63 billion to $113 billion in revenue for passenger traffic globally in 2020, depending on how the coronavirus spreads, International Air Transport Association (IATA) said on Thursday. The last time the industry faced a revenue shock of… Continue Reading…
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…
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…
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…
February 11, 2020
“Shares of the instant-messaging platform gained as much as 21% on Monday morning when Business Insider’s Paayal Zaveri exclusively reported that IBM would deploy the messaging tool to all 350,000 of its employees around the world…” https://markets.businessinsider.com/news/stocks/slack-stock-price-ibm-biggest-account-global-employees-messaging-platform-2020-2-1028890304
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…
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…
February 4, 2020
“Tesla shares rose almost 20% Monday, hitting another all-time high. The question is why? The move, frankly, baffled investment pros… But first a run down of recent numbers. They are incredible. Monday was the largest percentage increase in Tesla (ticker: TSLA) stock since May… Continue Reading…
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…
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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