Consumer
Chicago-based Media Company Tronc Inc. Fires Los Angeles Times’ Top Editors, Appoints Ross Levinsohn New Publisher and CEO
Tronc Inc. (NASDAQ:$TRNC), a Chicago-based newspaper and online media company, has just fired a number of the top editors of its flagship newspaper, the Los Angeles Times. On Monday, August 21st, Tronc’s CEO Justin C. ... [Read]
Consumer
Hibbett Sports Shares Dropped Today, Here’s Why
After the company (NASDAQ:$HIBB) posted quarter two results for fiscal 2018, Hibbett Sports shares plunged on Friday, declining as much as 18.3%. This plunge in stock reflects worse-than-expected results as well as lowered guidance in ... [Read]
Consumer
Sportsman’s Warehouse Holdings Stock Soared Today, Here’s Why
On Friday, August 18, shares of Sportsman’s Warehouse Holdings, Inc. (NASDAQ:$SPWH) were soaring. It all started after the Utah-based retailer surpassed low expectations in its quarter two report. As of 10:52 a.m. EDT, SPWH stock ... [Read]
Consumer
Zoe’s Kitchen Stock Jumped Ahead of its Second Quarter Earnings Report
Are you looking for restaurant stocks to invest in? If so, pay close attention to the following: On Thursday, as of 3:30 p.m. EDT, shares of Zoe’s Kitchen, Inc. (NYSE:$ZOES) were up 9.2%. What caused ... [Read]
Drug Manufacturers
Horizon Pharma Increased More Than 13% Today, Here’s Why
On August 17, shares of Horizon Pharma (NASDAQ:$HZNP) increased more than 13%. It all started after the law firm of Green, Griffith & Borg-Breen asserted one of the company’s patents covering Pennsaid 2% against a ... [Read]
Energy
After Seadrill Partners Cut the Cord From Seadrill Limited, Shares Increased 19%
Shares of Seadrill Partners (NYSE:$SDLP) are up 19% today. How come? It all started after the company disclosed several credit resolutions connected to Seadrill Limited (NYSE:$SDRL) – the parent company of Seadrill Partners – and ... [Read]
Brokers & Exchanges
Shares of GAIN Capital Holdings are Falling Today and This is Why
On August 16, after the market closed, GAIN Capital (NYSE:$GCAP) announced that it plans to offer $80 million of 5.00% convertible senior notes. With this, purchasers have the option to buy an additional $12 million ... [Read]
Online Media
Phoenix New Media Limited Posted Strong Second-Quarter Results; Stock Closed Up 37.6%
If you’re interested in online media investing, you’re going to get a kick out of today’s news. On Wednesday, Phoenix New Media Limited (NYSE:$FENG) shares soared after reporting strong second-quarter results. It’s not a surprise ... [Read]
Financial
Trump Terminates Two Advisory Councils
After a number of CEOs stepped down from their positions in President Donald Trump’s advisory councils this week, Trump unexpectedly dissolved the manufacturing council and strategy & policy forum on Wednesday after his stunning response ... [Read]
Basic Materials
Cliffs Natural Resources Goes Back to Cleveland-Cliffs Inc.
For those who missed it, Cliffs Natural Resources, Inc. (NYSE:$CLF) announced yesterday that it has decided to change its name back to its historical moniker, Cleveland-Cliffs, Inc. Headquartered in Cleveland, Ohio, Cliffs Natural Resources has ... [Read]