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Monthly Archives: October 2018

Papa John’s soars on report Trian interested in takeover

Luke Sharrett | Bloomberg | Getty Images A customer enters a Papa John’s restaurant in Louisville, Ky. Trian Fund Management is considering a takeover bid for Papa John’s, the Wall Street Journal reported. The activist hedge fund also has a 13 percent stake in Wendy’s. Shares of Papa John’s rose …

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Stocks making big moves after hours Tesla, Edwards Lifesciences & more

FilmMagic | HBO | Getty Images Elon Musk speaks on stage during the Westworld Featured Session during SXSW at Austin Convention Center on March 10, 2018 in Austin, Texas. Check out the companies making headlines after the bell: Tesla shares rose 1 percent in after-hours trading after investment firm Macquarie …

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Airlines set to report third-quarter earnings amid surge in fuel costs

A Delta Air Lines passenger jet plane, a Boeing 717-200 model, approaches Logan Airport in Boston.  Airlines are set to report to investors how they fared during a bustling, stormy and expensive summer season, starting when Delta Air Lines releases its third-quarter earnings Thursday. The third quarter includes the busy …

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Google bug exposed the information of up to 500,000 users

Stephen Lam | Reuters Google CEO Sundar Pichai speaks on stage during the annual Google I/O developers conference in Mountain View, California, May 8, 2018. A Google bug exposed the account information of 500,000 users, the company said Monday, spurring a slew of privacy changes and the shuttering of Google+ …

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Google did not disclose security breach because it feared regulation, report says

Bloomberg | Bloomberg | Getty Images Sundar Pichai, chief executive officer of Google Inc., attends a news conference in New Delhi, India, on Wednesday, Jan. 4, 2017.  Google did not disclose a security breach to its Google+ social network because it feared regulation, according to a Wall Street Journal report …

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IRobot shares plunge after Piper Jaffray cuts stock on tariff risk

Britta Pedersen | picture alliance | Getty Images Vacuum robots from iRobot on display at the Consumer Electronics Show in Las Vegas, Nevada, in January, 2015.  IRobot will suffer from the latest escalation in the trade conflict between the U.S. and China, according to Piper Jaffray. The firm lowered its …

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China more vulnerable than mainstream depicts; Trump right

Nicolas Asfouri | AFP | Getty Images U.S. President Donald Trump and China’s President Xi Jinping leave a business leaders event at the Great Hall of the People in Beijing on November 9, 2017. President Donald Trump’s approach to levying tariffs on China in hopes of applying enough economic pressure …

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Tesla says Model 3 has lowest probability of injury of all cars tested

Uli Deck | picture alliance | Getty Images A Tesla Model 3 at the Paris International Motor, October 2, 2018. Tesla said its Model 3 mid-size sedan has the lowest probability of causing injury of any vehicle ever tested by the National Highway Transportation Safety Administration. That means that all …

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Tesla’s board may not be able to rein in Musk

Getty Images SpaceX CEO Elon Musk at the International Astronautical Congress on September 29, 2017 in Adelaide, Australia Tesla CEO Elon Musk’s recent tweet mocking federal regulators may be a sign that Tesla’s board of directors can’t control his behavior — no matter what the consequences, a former federal securities …

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These are the areas of the stock market where investors should be when interest rates are rising

When interest rates are rising, sectors like financials and energy tend to beat the rest of the stock market, historical analysis shows. CNBC used analytics tool Kensho to determine the best-performing sectors in the S&P 500 when the 10-year Treasury note yield increased 25 basis points or more over a …

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