-
Like He Did With Apple, David Einhorn Wants GM To Create 2 Share Classes
Tuesday, March 28, 2017 - 11:17am | 506Read More...General Motors Company (NYSE: GM) shares spiked Tuesday after Greenlight Capital activist investor David Einhorn released a new report pressuring GM management to take measures that Einhorn believes would boost the stock’s share price. According to the report, Einhorn wants GM to create two...
-
WWE Might Be Interested In Buying Indy Competitor Ring Of Honor To Beef Up Network Programming
Thursday, March 23, 2017 - 2:36pm | 598Read More...Pro Wrestling Sheet has reported World Wrestling Entertainment, Inc. (NYSE: WWE) is in talks with Sinclair Broadcast Group Inc (NASDAQ: SBGI) to potentially acquire Sinclair’s Ring of Honor (ROH) professional wrestling promotion. Pro Wresting Sheet cites “multiple sources with direct...
-
FireEye Higher After Goldman Sachs Goes From Sell To Buy
Thursday, March 23, 2017 - 10:27am | 217Read More...FireEye Inc (NASDAQ: FEYE) shares are trading higher by $1.00 (7.5 percent) at $12.49. In a rare move by Wall Street analysts, Goldman Sachs flipped its Sell rating into a Buy rating. On most occasions, analysts will incrementally adjust their ratings reflecting their negative or positive view...
-
Exclusive: FireEye CEO Talks Limits Of Cybersecurity, Company's 'Moat'
Thursday, March 23, 2017 - 9:26am | 869Read More...The frequency of high-profile cyber attacks have thrust security companies into the spotlight. But the reality, according to FireEye Inc (NASDAQ: FEYE) CEO Kevin Mandia, is that these intrusions are and will continue to be commonplace. “The problem is it is very hard to get over 98 percent...
-
Disney's Film Success Keeps Company In 'Beast' Mode
Tuesday, March 21, 2017 - 10:43am | 365Read More...Walt Disney Co (NYSE: DIS)'s latest smash-hit film, the live-action "Beauty and the Beast," is keeping some analysts bullish on the company's stock outlook. According to Deadline, the film realized $174.75 million in ticket sales during the opening weekend, which also makes the film the best sixth...
-
From Zero To Hero: A Look Back At The Disney 'Renaissance' Period
Monday, March 20, 2017 - 4:16pm | 614Read More...With a record-setting opening weekend, “Beauty and the Beast” is now at the core of two prominent Walt Disney Co (NYSE: DIS) eras. Before it defined the age of live-action remakes, the cartoon story was a forceful unit of the company’s Renaissance period. The Disney Resurgence...
-
Disney's Remake Strategy Is Working To Perfection
Monday, March 20, 2017 - 12:37pm | 620Read More...Walt Disney Co (NYSE: DIS) animated films have long been a hallmark of American childhood, but not without strategic effort. With ever-threatening competition from the likes of Comcast Corporation (NASDAQ: CMCSA)’s DreamWorks Animation, Disney has tested various tactics to remain relevant. It...
-
Wynn Resorts Higher Off Unconfirmed Takeover Chatter
Thursday, March 16, 2017 - 1:30pm | 191Read More...Wynn Resorts, Limited (NASDAQ: WYNN) shares are trading higher by $3.25 at $108.00 in Thursday's session. The stock was trading moderately in the green (higher by $0.75) when around 11:15 a.m. ET, an unconfirmed takeover interest by Las Vegas Sands (NYSE: LVS) swept the the Street. Update:...
-
Jim Cramer Talks Msci's Rumor-Induced Surge
Wednesday, March 15, 2017 - 10:49am | 424Read More...Shares of Msci Inc (NYSE: MSCI) soared higher by 11 percent Wednesday morning following an unconfirmed report the company is a takeover target. Msci compiles some of the most notable market indices and was reportedly offered $120 per share to be acquired by S&P Global Inc (NYSE: SPGI), the...
-
Snap Falls Below Opening Price; How Long Did Twitter And Facebook Take To Do The Same?
Wednesday, March 8, 2017 - 3:31pm | 1118Read More...The hype and fanfare surrounding Snap Inc (NYSE: SNAP)'s IPO have proved evanescent, with the stock dropping below its opening price of $24 in double-quick time. The saving grace is it is still holding above its offer price of $17. For those not keeping up with the recent developments...
-
Every Company Exposed To The CIA Cyberhacking Scandal, So Far
Wednesday, March 8, 2017 - 10:58am | 970Read More...WikiLeaks is at it again, exposing the skeletons in the CIA's closet. This time around, the Julian Assange-run organization, which credits itself for publishing secret, sensitive information on matters such as war, spying and corruption, had a rich haul of information in the form of documents,...
-
Buffett's Soda Empire: If Kraft Heinz Acquired Pepsi, What Share Of The Soda Market Would 'The Oracle' Own?
Thursday, March 2, 2017 - 5:11pm | 448Read More...After he oversaw the highly-publicized mega merger that created Kraft Heinz Foods Co (NYSE: KHC) in 2015, Warren Buffett may not be finished with his food shopping just yet. In a new note, Bernstein analyst Ali Dibadj speculates that Kraft Heinz could target PepsiCo, Inc. (NYSE: PEP). Dibadj...
-
3 Federal Agencies Raid Caterpillar Offices
Thursday, March 2, 2017 - 1:29pm | 373Read More...Agents from the Internal Revenue Services, Federal Deposit Insurance Corporation and U.S. Department of Commerce carried out a search warrant Thursday of three Caterpillar Inc. (NYSE: CAT) facilities, including corporate headquarters. “Caterpillar is cooperating,” the company said in a...
-
Kraft Heinz Might Have Its Eyes On PepsiCo
Thursday, March 2, 2017 - 11:30am | 404Read More...It may seem like an unusual business combination but Kraft Heinz Co (NASDAQ: KHC), most notably known for ketchup and macaroni and cheese, could be eyeing an acquisition of the beverage and snack maker, PepsiCo, Inc. (NYSE: PEP) — at least according to Bernstein's Ali Dibadj. In a research...
-
Decelerating Comps Take A Bite Out Of Shake Shack's Q4 Results
Thursday, March 2, 2017 - 8:34am | 397Read More...Shake Shack Inc’s (NYSE: SHAK) same-store sales growth came in below expectations, although the EPS of $0.09 was in line with the consensus due to a lower tax rate. The lower tax rate also offset the significantly lower than expected unit-level margins. “With current valuation implying...















