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Sergio Flores | Bloomberg | Getty Images Coolers sit on display for sale at the Yeti Holdings Inc. flagship store in Austin, Texas, U.S., on Wednesday, Sept. 12, 2018. YETI shares jumped 10 percent after it raised its full-year guidance and released preliminary results. The company said it now expects …
Read More »Yearly Archives: 2019
Square head of payments Mary Kay Bowman joins Visa
Yana Paskova | Bloomberg | Getty Images Jack Dorsey, CEO of Square Inc., holds an Apple Inc. iPhone while standing outside of the New York Stock Exchange (NYSE) in New York, U.S., on Thursday, Nov. 19, 2015. Mary Kay Bowman, head of payments at Square is going to Visa to …
Read More »Uber wants to go public, but SoftBank is waiting for two board seats
David Paul Morris | Bloomberg | Getty Images Dara Khosrowshahi, chief executive officer of Uber Technologies. Between the stock market’s extreme volatility of late and the three-week-old government shutdown, the IPO market faces plenty of uncertainty in 2019. But for Uber, there’s another complicating aspect — the company’s biggest investor …
Read More »Earnings season may turn up some stock market winners after December’s battering
After the market’s December meltdown, earnings season could turn up some winners among the rubble, analysts said. What fourth quarter results will do for the market’s rebound from December’s trough is tough to say, given other factors, like trade talks, Washington dysfunction and the UK’s upcoming Brexit vote. But analysts …
Read More »Square head of product Mary Kay Bowman joins Visa
Yana Paskova | Bloomberg | Getty Images Jack Dorsey, CEO of Square Inc., holds an Apple Inc. iPhone while standing outside of the New York Stock Exchange (NYSE) in New York, U.S., on Thursday, Nov. 19, 2015. Mary Kay Bowman, Head of Product at Square is going to Visa to …
Read More »Tilray soars 23% after Peter Thiel fund says it won’t trim its stake
Adam Jeffery | CNBC Peter Thiel, American entrepreneur, venture capitalist, and hedge fund manager. Though there are more than 76 million Tilray shares outstanding, the public markets only have access to 23 percent of the total equity, about 17.8 million shares. Further, of those 17.8 million floating shares, more than …
Read More »Government shutdown ties for longest ever amid border wall fight
The partial U.S. government shutdown entered its 21st day Friday, tying the record for longest lapse in federal funding. The dubious distinction comes on the same day hundreds of thousands of U.S. workers start to miss paychecks. About 800,000 federal employees are either furloughed or temporarily working without pay as …
Read More »Nissan cancels lease on ex-Chairman Ghosn’s Tokyo apartment
Takashi Aoyama | Getty Images Pedestrians walk past a big screen showing images of Former Nissan Motor Co. Chairman Carlos Ghosn in a news program on Jan. 8, 2019 in Tokyo, Japan. Nissan Motor has terminated the lease to ex-Chairman Carlos Ghosn’s luxury apartment in Tokyo, Ghosn’s legal team said …
Read More »Netflix, Amazon on track to be the best trades of this decade
Netflix and Amazon, the disruptive internet pair loved by Wall Street, could make history if they keep up their stellar performances this year. Barring a major downturn, the two stocks will end up as the best-performing assets of the decade. Since the start of 2010, Netflix has risen more than …
Read More »California Gov Gavin Newsom pledges unemployment benefits to furloughed federal workers
Rich Pedroncelli | AP California Gov. Gavin Newsom presents his first state budget during a news conference, Thursday, Jan. 10, 2019, in Sacramento, Calif. LOS ANGELES — Gov. Gavin Newsom has pledged that California will provide unemployment insurance benefits for furloughed workers impacted by the partial federal government shutdown. “Let …
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