Louisville’s Papa John’s Cardinal Stadium is now simply Cardinal Stadium.
Louisville’s Papa John’s Cardinal Stadium is now simply Cardinal Stadium.
Tesla CEO Elon Musk has tried to correct the record after an analyst report surfaced on Thursday saying his Model 3 is in trouble. In a tweet late on Thursday, Musk called an analyst report that said Model 3 cancellations are double today where they were last year at the same time and higher than orders “bs.” Musk added that last week, Tesla had 5,000 Model 3 “new net orders.” Net orders refers to total orders, less cancellations.
How Was the First Half of 2018 for Qualcomm? Qualcomm (QCOM) has been at the center of the US-China (FXI) trade war. The climax of its almost-two-year acquisition of NXP Semiconductors (NXPI) is set to be revealed on July 25, the same day Qualcomm is slated to release its fiscal Q3 2018 earnings.
Aliko Dangote may not agree with president Donald Trump that higher tariffs would be good for the United States, but the Nigerian businessman thinks they could work for his own country. “If you look at what president Trump is doing right now—not that I agree with what he is doing because they are in a totally different economy to what we are—but if you look at where we are today, where there’s no protection, then you are not going to have any industries,” Dangote said to rousing applause. Dangote was on a panel with South Africa’s former finance minister Trevor Manuel and Irish tech billionaire John Collison.
While it doesn’t seem like it, saving for retirement is easy. You set aside a certain amount each month, or each paycheck, and invest it in your IRA or 401(k). That is, of course, an oversimplification. But once you retire and need to figure out how
Prince Charles, heir to the throne of Great Britain, has revealed why he kept in touch with a bishop for more than two decades after the clergyman admitted to sexually abusing a young man. The Prince of Wales said he believed former Bishop Peter Ball‘s explanation that Ball had only been caught in an “indiscretion,” according to the prince’s statement to a child sex abuse inquiry. Charles continued exchanging letters with Ball until 2015, when he was convicted of sexually abusing 18 young men.
One of the most accurate stock pickers on Wall Street recently shared his list of tips on how to spot winners and losers. Wall Street analyst Mark Mahaney, managing director at RBC Capital Markets, is widely known as one of the most accurate stock pickers on the Street.
General Electric Company GE reported better-than-expected results in second-quarter 2018, delivering a positive earnings surprise of 5.6%. This was the company’s second consecutive quarter of recording an earnings beat. The first-quarter earnings surprise
Toyota Motor Corp. may stop importing some models into the U.S. if President Donald Trump raises vehicle tariffs, while other cars and trucks in showrooms will get more expensive, according to the automaker’s North American chief. The Japanese carmaker is busy analyzing scenarios about how tariff schemes could affect each of its car and truck lines, said Jim Lentz, chief executive officer for Toyota’s North American operations. Trump’s Commerce Department held a hearing Thursday on its probe into whether imports of passenger vehicles compromise U.S. national security.
Curtis Carroll is simply known as "Wall Street" by his fellow inmates at San Quentin State Prison because of his winning reputation for picking and trading stocks. Currently serving a 54-to-life sentence, Carroll founded the prison's financial literacy program as a way to better equip and empower inmates. For the past 10 years, he's been teaching the basics of personal finance and how to trade and buy stocks. His goal is give others the tools and the hope to build a life beyond crime. To learn more about this initiative visit projectfeel.org.
There was no shortage of deaths over the course of Breaking Bad‘s five seasons, but according to showrunner Vince Gilligan, there was one character his writers simply wouldn’t let him kill off. During an appearance on a special Breaking Bad 10-year anniversary episode of Conan filmed at San Diego Comic-Con on Wednesday, Gilligan revealed that his pitch to take out the breakfast-loving Walt Jr. was not well received. “Early on, I pitched to my writers, I had this idea where Walter Jr. gets killed by this nasty guy that Walt is somehow in business with,” he explained.
AT&T Inc. will roll out 5G service to three additional U.S. cities, a sign that the industrywide push to adopt the speedier standard is finally moving from marketing announcements to reality. Oklahoma City and two North Carolina cities -- Charlotte and Raleigh -- will be getting the mobile service later this year, AT&T said on Friday. Rival Verizon Communications Inc., meanwhile, has discussed adopting 5G service in four cities this year, including Los Angeles and Sacramento, California.
Semiconductors form the bedrock of the tech sector. Without new chips, data centers couldn't run, cloud services would fail, and the development of consumer electronics would stall out. Cypress Semiconductor (NASDAQ: CY) is the market leader in wireless Internet of Things (IoT) chips, NOR and SRAM memory chips, USB-C controllers, and auto instrument cluster microcontrollers.
IBM (IBM) announced its second-quarter earnings on July 18. The stock surged 3.0% in after-hours trading on the day after beating both earnings and revenue estimates. IBM’s revenue rose 3.7% YoY (year-over-year) in the second quarter, reaching $20 billion.
Q.: I have about $57,000 in my traditional IRA and about $6,800 in a Roth IRA. The idea of converting while in low bracket year is sound but fear of the required minimum distributions (RMD) may not need to be a strong motivator. Yes, when RMDs begin they can kick you into a higher tax bracket, but not necessarily.
Russian officials are hoping Vladimir Putin’s rapport with Donald Trump will lead to rapprochement with the U.S. But they’re not taking any chances. A U.S. Treasury report this week appears to show Russia liquidating dollar assets at a record pace, selling four-fifths of its cache of U.S. government debt, $81 billion worth, over a two-month period. It started in April, when the U.S. imposed the most onerous sanctions yet on allies of Putin.
What Should Investors Expect from Intel’s Q2 2018 Earnings? Intel (INTC) has been at the center of industry discussion in the second quarter. Its second-quarter earnings call might answer some questions around the latest updates.
As bouts of volatility and uncertainty are playing foul in the stock market, investors are looking for both growth and income in their portfolios. Stocks that have a strong history of dividend growth belong to mature companies, which are less susceptible to large swings in the market, and thus act as a hedge against economic or political uncertainty as well as stock market volatility. Additionally, these stocks have superior fundamentals that make dividend growth a quality and promising investment for the long term.
Papa John’s founder John Schnatter resigned last week as chairman over his use of a racial slur, but that incident may have just scratched the surface of the company’s problems. According to an explosive Forbes report published on Thursday, the pizza giant also fosters a toxic workplace culture that includes sexual harassment, nepotism and spying on employees. Several female Papa John’s employees described enduring a pattern of sexist and other inappropriate remarks from male colleagues.
As competition between Walmart and Amazon intensifies, the acquisition of Shopify's merchant marketplace may be the boost that the Walton family's juggernaut needs to move ahead. At 100,000 sellers a month over the next 5 years, there could be an estimated 11 Million sellers on Amazon’s marketplace by 2023. E-commerce intelligence firm Marketplace Pulse estimates Amazon's Gross Merchandise Volume or GMV for 2018 at $280B, set to triple over a 5-year period, concluding that the marketplace contribution to Amazon's GMV would surpass 70% by 2023.
After selling medical cannabis domestically and exporting some of this product to foreign markets where medical weed is legal, Canada will open its doors to adult consumers in less than three months. With triple-digit sales growth expected from practically all cannabis stocks in the near future, it's no surprise that Wall Street and investors have pushed pot stock valuations into the stratosphere. In many instances, investors could be looking at high double-digit, or even triple-digit, forward price-to-earnings ratios as a result of legalizing adult-use cannabis.
On July 16, Vladimir Putin and Donald Trump held bilateral talks in Helsinki. To get a sense of the magnitude of such a diplomatic event like this, Riga-based news outlet Meduza (Russian) spoke to Pavel Palazhchenko, who served as a interpreter for General Secretary Mikhail Gorbachev and Soviet Foreign Minister Eduard Shevardnadze. You took part in almost all the Russian-American summits during the Gorbachev era, right?
Several members of the Gang of Eight, a group of US Congress members who are sworn to secrecy on intelligence matters, want to know more about what Donald Trump discussed with Vladimir Putin. Marina Gross, a veteran State Department interpreter, was the only other American in the room when Trump and Putin met for the two-hour private meeting in Helsinki on July 16. What exactly was discussed and agreed has become a critical issue, because the Russian government and the Trump administration appear to have different recollections of the meeting: Russia’s ambassador to the US said the two leaders made “important verbal agreements” on Syria and arms control, while the State Department and White House initially said no concrete deals were made.
The companies think their combined size will make them more competitive against mega-giants Walmart and Amazon. As Albertsons Cos. and Rite Aid RAD head to an August vote over their planned merger, the message to investors is simple: size still matters. The deal, announced in February, would create a new retail giant valued at roughly $24 billion that would combine Albertsons' grocery operations with Rite Aid's pharmacy business.
Shares of Netflix (NASDAQ: NFLX) got whacked after its latest earnings report. The stock fell as much as 14% in the aftermath of the second-quarter report as Netflix added 5.15 million new subscribers, short of its forecast at 6.2 million. After the stock's blistering rise, investors may be wondering if it's time take profits, especially after the recent dip.
Philip Morris Lowers Its 2018 EPS Guidance on Weak Outlook Second-quarter performance Philip Morris International (PM) reported its second-quarter earnings before the market opened on July 19. The company posted adjusted EPS of $1.41 on revenues of $