Stock

Facebook Shares Slide As CPO Cox Departs
Facebook Shares Slide As CPO Cox Departs
March 18, 2019  |  Facebook

Facebook’s stock was under pressure Friday (March 15), reaching its lowest point in three months after it announced Chris Cox, chief product officer, is leaving...

READ MORE >
Adyen CEO Tells Analysts: ‘We Don’t Lose Customers To Anyone’
Adyen CEO Tells Analysts: ‘We Don’t Lose Customers To Anyone’
February 28, 2019  |  Earnings

Dutch payments processor Adyen logged a Q4 earnings report that came in above analyst expectations. Adyen processes payments for such household names as Spotify, Uber,...

READ MORE >
SEC Probes Heinz Over Procurement Accounting
SEC Probes Heinz Over Procurement Accounting
February 25, 2019  |  B2B Payments

Kraft Heinz saw its market value plummet by about $17 billion on Friday (Feb. 22), after posting a $15 billion write-down on its most recognizable...

READ MORE >
USA Tech Shares Plummet As Auditor Resigns
USA Tech Shares Plummet As Auditor Resigns
February 07, 2019  |  Investments

USA Technologies’ shares lost roughly 45 percent of their value on Thursday in intraday trading after an SEC filing by the firm revealed that RSM...

READ MORE >
Analysts See Investor Appetite For Grubhub Stock
Analysts See Investor Appetite For Grubhub Stock
January 29, 2019  |  Earnings

As earnings season winds on, might Grubhub prove tasty for investors, with earnings a springboard for outsized gains moving ahead? As Barron’s reports, citing research...

READ MORE >
Apple Analyst Predicts Q2 Earnings Will Beat Market Consensus
Apple Analyst Predicts Q2 Earnings Will Beat Market Consensus
January 28, 2019  |  Apple

Despite a warning by Apple CEO Tim Cook about lower revenues for Q1 and disappointing sales of new iPhones and Apple Watches, one top Apple...

READ MORE >
Two Snap Executives Leaving Over Inappropriate Behavior With A Contractor
Two Snap Executives Leaving Over Inappropriate Behavior With A Contractor
January 20, 2019  |  Personnel

Two senior executives recently left Snap, the maker of disappearing messaging app Snapchat, for allegedly conducting inappropriate relationships with a contractor that was outside the...

READ MORE >
RBC: Services Revenue May Not Save Apple
RBC: Services Revenue May Not Save Apple
January 14, 2019  |  Apple

Global investment firm RBC Capital Markets sent out a note on Sunday (Jan. 13) saying that Apple’s services revenue growth has slowed to 18 percent...

READ MORE >
Tim Cook Blames US-China Trade War For Apple Q1 Shortfall
Tim Cook Blames US-China Trade War For Apple Q1 Shortfall
January 02, 2019  |  Apple

Apple CEO Tim Cook wrote a letter to investors on Wednesday (Jan. 2) warning of lower revenues for Q1 and disappointing sales of new iPhones...

READ MORE >