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Money & Finance

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Everything posted by Money & Finance

  1. Financial Post Tweets on the Street: Lululemon Lost; Hierarchy of a Credit Bubble TheStreet.com Lululemon Athletica (LULU) shares were up Thursday, even after founder Chip Wilson, who resigned from the board last year, criticized the company's management. In a letter to shareholders, Wilson said the athletic apparel retailer has "lost its way ... UPDATE 3-Canadian retailer Lululemon's founder seeks board election changesReuters Lululemon founder says company 'has lost its way'Washington Post Credit Suisse Previews Lululemon Q1 Earnings, Calls Top Line An 'Incremental Risk'Benzinga Chain Sto
  2. New York Times Uber Turns to Saudi Arabia for $3.5 Billion Cash Infusion New York Times Travis Kalanick, chief executive of Uber, which views the Middle East as an increasingly important overseas market. Credit Ioulex. SAN FRANCISCO — In its quest to build a global empire, Uber has turned to the Middle East for its biggest infusion of ... Uber Receives $3.5 Billion Investment From Saudi Wealth FundBloomberg Uber Raises $3.5 Billion From Saudi Sovereign Wealth Fund, Keeps $62.5 Billion ValuationForbes Uber just got a $3.5 billion cash infusion from Saudi ArabiaThe Verge Mashable -Recode -Bus
  3. CNNMoney Rental companies now have to repair recalled cars CNNMoney A federal law took effect Wednesday that requires rental car companies to fix any recalled car before it's rented out. Until now, remarkably, it was perfectly legal to rent out a recalled car that had not yet been repaired. The law, part of the ... Rental Car Recall Legislation Goes Into Effect TodayCars.com News New law bans rental companies from using recalled carsThe Detroit News New law addressing car rentals, recalls begins todayWTSP.com all 6 news articles » Google
  4. Fed reports 50-plus breaches from 2011 to 2015, some instances of espionage Computerworld The U.S. Federal Reserve, the nation's central bank, detected more than 50 cybersecurity breaches between 2011 and 2015, including a handful attributed to espionage. The Fed's Washington-based Board of Governors identified 51 information disclosures ... and more » Google
  5. Business Insider FED: Everywhere we look the job market is tight Business Insider Its latest Beige Book released Wednesday contains anecdotes from the Fed's 12 districts on how their regional economies are doing. Most places noted that the gap between the number of jobs and people available to work was shrinking, meaning the labor ... Economy Grows at 'Modest' Pace as Job Market Tightens, Fed SaysBloomberg Stocks Slightly Lower After Beige Book Reveals 'Modest' GrowthTheStreet.com Fed's Beige Book: 'Tight Labor Markets' Are Pushing Up WagesWall Street Journal CNBC -MarketWatch -Reuters -For
  6. TheStreet.com These 2 Inexpensive S&P 500 Stocks Are Ready to Thump the Market TheStreet.com These absurdly cheap large-caps are set to outperform their respective industries as well as the broader market. What more could an investor ask? Siddhi Bajaj. Follow. Jun 1, 2016 1:35 PM EDT. Get TheStreet Quant Ratings' exclusive 5-page report for ... 10 stocks outshine June gloomWZZM13.com all 3 news articles » Google
  7. Business Insider Mary Meeker's stunning 2016 presentation on the state of the web Business Insider Every year, Mary Meeker of Kleiner Perkins Caufield & Byers puts together a fascinating and influential presentation on the state of the web. The report, chock-full of insights and stats, delves into the biggest trends in digital. She just released ... Smartphone slowdown is trend to watch, says Mary MeekerUSA TODAY Here's Mary Meeker's 21st annual Internet Trends reportVentureBeat all 8 news articles » Google
  8. Nation's Restaurant News Chick-fil-A launches mobile ordering and pay-ahead app Nation's Restaurant News In a big push to please Millennial parents, Chick-fil-A launched Wednesday a new mobile app that allows users to order and pay ahead, customize meals and skip lines at the register. Dubbed Chick-fil-A One, the new app also incorporates a rewards ... Lubbockites camp in the rain for chance to win a year of free Chick-fil-A mealsLubbockOnline.com Chick-fil-A wants to give you free chickenKOMO News Where to get chicken while you wait for Chick-fil-A to (maybe) openRochester Democrat and Chr
  9. Washington Post US stocks trade mixed after weak reports on autos, China Washington Post U.S. stocks indexes moved mostly lower in midday trading Wednesday as investors weighed a mixed batch of economic data out of the U.S. and China. Telecommunications companies were among the biggest decliners. Automakers GM and Ford Motors also ... Midday Report: Wall St. Is Mixed as Traders Assess DataNew York Times Markets Right Now: US stocks open broadly lowerClay Center Dispatch all 6 news articles » Google
  10. U.S. stocks perk up after a downbeat start to eke out a small gain Greenfield Daily Reporter FILE - This Thursday, Oct. 2, 2014, file photo, shows a Wall Street sign adjacent to the New York Stock Exchange. U.S. stocks moved lower in early trading Wednesday, June 1, 2016, echoing a slide in global markets as investors weighed a batch of ... and more » Google
  11. CNNMoney From $4.5 billion to $0: Forbes revalues Elizabeth Holmes' worth CNNMoney Theranos founder Elizabeth Holmes was once hailed by Forbes as America's richest self-made woman. That was just last year, when Forbes estimated that she was worth $4.5 billion. But oh how one year has changed things. Forbes said on Wednesday that ... Forbes just cut its estimate of Theranos CEO Elizabeth Holmes's net worth from $4.5 billion to zeroQuartz Theranos Founder Elizabeth Holmes, Formerly Worth $4.5 Billion, Now Worth 'Nothing'Jezebel Forbes Downgrades Elizabeth Holmes' Net Wealth
  12. TheStreet.com Coca-Cola Enterprises (CCE) Stock Up on Launch of 'Campaign to Connect' TheStreet.com Shares of Coca-Cola Enterprises (CCE) are higher Wednesday morning after the company launched its 'Campaign to Connect' with the United Service Organizations. Lindsay Rittenhouse. Follow. Jun 1, 2016 10:59 AM EDT. Get TheStreet Quant Ratings' ... Cokes Widens Diversity Push With Soy-Drinks DealWall Street Journal Coca-Cola just made a $575 million departure from sodaBusiness Insider The Coca-Cola Company and Coca-Cola FEMSA to Acquire AdeS Soy-Based Beverage Business From UnileverMarketWatch
  13. USA TODAY Stocks start June in the red USA TODAY After surprising to the upside last month, stocks opened lower on the first trading day of June as Wall Street weighed the economic health of China amid stagnant manufacturing and weakness in the oil patch. After rallying 1.5% in May -- a month that ... Markets Right Now: US stocks open broadly lowerWashington Post Stocks down on global economic gloom in China, U.S.Newsday all 5 news articles » Google
  14. U.S. News & World Report Despite Cheap Oil, Renewables Power Ahead for Record Year U.S. News & World Report Falling costs for wind and solar spurred strong investments in green energy in 2015, even as crude oil prices plummeted, a new report says. By Alan Neuhauser | Staff Writer June 1, 2016, at 10:35 a.m.. MORE. LinkedIn · StumbleUpon · Reddit; Cancel. Led By Solar And Wind, Renewable Energy Grew Like Never Before Last YearThinkProgress all 69 news articles » Google
  15. Washington Post Main Street Morning: Jose Cuervo is eyeing a $1 billion IPO Washington Post Welcome to Main Street Morning, The Washington Post's daily collection of news affecting entrepreneurs, start-ups and small businesses with a special focus on policy and government. Here's what's affecting my small business, my clients and other ... Cuervo Said to Eye Third Quarter for Possible $1 Billion IPOBloomberg Tequila Maker Jose Cuervo Is Reportedly Going Big on Its IPOFortune Cuervo IPO Reportedly Slated For Third QuarterShanken News Daily Business Insider -StreetInsider.com all 9 news artic
  16. U.S. News & World Report US stock indexes move lower after weak Chinese data U.S. News & World Report FILE - This Thursday, Oct. 2, 2014, file photo, shows a Wall Street sign adjacent to the New York Stock Exchange. U.S. stocks moved lower in early trading Wednesday, June 1, 2016, echoing a slide in global markets as investors weighed a batch of ... Wall St. set to open lower on weak China data, oil pricesBusiness Insider Stock Futures Slip as Weak Chinese Manufacturing Spooks Oil MarketsTheStreet.com MARKET SNAPSHOT: U.S. Stock Futures Drop As Under Armour, Nike Help Lead The Way L
  17. CNBC Cracker Barrel Shares Popping 10% On Profit Surge And Special Dividend Declaration Forbes Cracker Barrel likes to say that inside its doors, it's all about “pleasing people.” Well, the restaurant-retail hybrid has certainly pleased its shareholders Wednesday morning, at least when it comes to its market performance: thanks to higher-than ... New Lifetime High Reached: Cracker Barrel Old Country Store (CBRL)TheStreet.com Cracker Barrel to Pay Special Dividend as Revenue, Profit IncreaseWall Street Journal Cracker Barrel shares up after beating Street, announcing special dividendCNBC Bid
  18. U.S. News & World Report US construction spending tumbled in April U.S. News & World Report In this Thursday, May 19, 2016, photo, Ricardo Belmontes, of Boston, bends his legs while using a mobile phone to make images near the construction site of a building in Boston. On Wednesday, June 1, 2016, the Commerce Department reports on U.S. ... and more » Google
  19. Survey: US manufacturing grew again in May Fox News WASHINGTON – American manufacturing expanded for the third straight month in May, more evidence that U.S. factories have adjusted to a strong dollar and economic weakness overseas. The Institute for Supply Management says its manufacturing index ... and more » Google
  20. Reuters Wall St. opens lower on weak China data, oil prices Reuters U.S. stocks started the month in the red on Wednesday as falling oil prices and weak factory data from China reduced the chances of a rate hike this month, dragging on financial stocks. JPMorgan (JPM.N), Bank of America (BAC.N) and Citigroup (C.N) were ... US Stock Indexes Move Lower After Weak Chinese DataABC News Wall St. Drops on Signs of Weakness in ChinaNew York Times Wall St. set to open lower on weak China data, oil pricesBusiness Insider Washington Post -USA TODAY -STLtoday.com -TheStreet.com all 25 news articles »
  21. MarketWatch Manufacturers grew a little faster in May, ISM shows MarketWatch WASHINGTON (MarketWatch) — U.S. manufacturers grew in May but at a very slow pace that suggests the sector is unlikely to speed up anytime soon, a survey of executives found. The Institute for Supply Management said its manufacturing index rose to ... US Manufacturing Activity Index Rose in MayWall Street Journal Manufacturing activity grows faster in MayUSA TODAY Survey: US manufacturing grew again in MayWashington Post Nasdaq -Investor's Business Daily -Shopfloor -Financial Times all 9 news articles » Google
  22. Huffington Post Trump University: A Scam, But a Familiar One Huffington Post Four hundred pages of documents released on Tuesday by a federal judge in San Diego add detail to the tawdry story of Donald Trump's unaccredited Trump University. The operation appears to have relied on high-pressure recruiting pitches, buoyed by ... How Trump U Suckered Its VictimsDaily Beast The Art of the SwindleThe Atlantic Trump University's 'Playbook' Is A Showcase In High-Pressure Sales TacticsDaily Caller USA TODAY -The Fiscal Times -Washington Post -Forbes all 14 news articles » Google
  23. MarketWatch US construction spending posts largest drop in more than five years Reuters WASHINGTON, June 1 U.S. construction spending recorded its biggest decline in more than five years in April as outlays fell broadly, which could prompt economists to lower their second-quarter growth estimates. Construction spending tumbled 1.8 percent ... US construction spending tumbled in AprilCharlotte Observer Construction spending plunges 1.8% in AprilMarketWatch all 5 news articles » Google
  24. New York Times Wall St. Drops on Signs of Weakness in China New York Times United States markets were broadly lower in early trading on Wednesday as traders were discouraged by more signs of weakness in China's economy. KEEPING SCORE The Dow Jones industrial average fell 0.55 percent and the Standard & Poor's ... Stocks start June in the redUSA TODAY Markets Right Now: US stocks open broadly lowerWashington Post all 5 news articles » Google
  25. Bloomberg GM, Ford U.S. Sales in May Fall More Than Analysts Estimated Bloomberg General Motors Co. and Ford Motor Co. U.S. vehicle sales fell more than analysts had estimated in May, raising questions about stalling consumer demand. GM sales plunged 18 percent, missing estimates for a 13 percent drop, with all four brands ... GM's US sales plunge 18% in MayUSA TODAY UPDATE 1-May US auto sales seen down on 2 fewer selling days than year agoReuters Ford's sales drop 6% in MayMLive.com StreetInsider.com -Nasdaq -Morningstar.com -Seeking Alpha all 11 news articles » Google
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