Connect with us

Newsletters

The Capitalist Newsletter – May 17, 2017

Published

on

FORD TO CUT SALARIED WORKFORCE BY 10 PERCENT; HOW WILL STOCK RESPOND?

The auto industry has been struggling lately with supply gluts and lowered consumer demand. On top of that, Elon Musk and Tesla have been rising up strong as the current dominant force in the industry, overtaking Ford for the second largest U.S. automaker.. Ford has been fighting hard to reclaim lost market share, but it seems that the company is struggling enough to cut their global workforce by 10 percent. Will the cost cutting measure restore momentum to the car titan?

Read The Capitalist’s Take Here

Read More at Reuters Here

Read More at CNBC Here


ISRAEL REPORTED TO BE SOURCE OF CLASSIFIED INFORMATION TRUMP TOLD RUSSIA

The classified intelligence that President Trump disclosed in a meeting last week with Russian officials at the White House was provided by Israel, according to a current and a former American official familiar with how the United States obtained the information. The revelation adds a potential diplomatic complication to the episode.

Israel is one of the United States’ most important allies and a major intelligence collector in the Middle East. The revelation that Mr. Trump boasted about some of Israel’s most sensitive information to the Russians could damage the relationship between the two countries. It also raises the possibility that the information could be passed to Iran, Russia’s close ally and Israel’s main threat in the Middle East.

Read More at NY Times Here

Read More at CNN Here

Raven_Steel_Ad-V2
Raven_Steel_Ad-07

Read More at NBC Here


FACEBOOK FINDS ANOTHER AD GLITCH; REFUNDS MONIES TO AFFECTED ADVERTISERS

Facebook has found another bug in its ad-measurement systems — the fifth time in the last eight months the social giant has revealed an error in how it reports metrics.

The company said the impact of the recently discovered issue was minor, affecting only 0.04% of total billed ad impressions. “Regardless of how many impressions were affected, we take all bugs seriously and apologize for any inconvenience this has caused,” the company said in a blog post. Facebook said affected advertisers will receive a full credit for charges incurred because of the error. According to Facebook, the bug misattributed clicks on video-carousel ads as link clicks (which advertisers pay for) when users were accessing the service using a mobile web browser on a smartphone. The error did not affect tabulations on desktop PCs or in the Facebook mobile app…

Read More at Variety Here

Read More at CNN Here

Read More at Wall Street Journal Here


Closing Bell

– Tuesday, May 16th

Nasdaq Sees Record Close in Otherwise Flat Day

Big Insider Trades

– Axalta Coating Systems, Ltd. (AXTA) CEO Charles Shaver Sells $5.5m

– Continental Resources Inc. (CLR) CEO Harold Hamm Buys $2m

Winners & Losers

– xG Technology, Inc. (XGTI) Rises UP (39.31%) As Acquisition Gain Results in Profit

– EnteroMedics, Inc. (ETRM) Slips DOWN (28.20%) After Reporting Disappointing Earnings

Most Talked About

Etsy, Inc. (ETSY) Considered a Majority Strong Buy After Surging Following Two Investment Firms Revealing Stakes in the Online Retailer

The TIP Sheets

– Tuesday, May 16th

– Etsy, Inc. (ETSY) Surges UP (21.29%) Following Two Investment Firms Revealing Stakes in the Online Retailer. Stock’s Rise Was Biggest Daily Gain Ever for the Company as Etsy Announces it is Reviewing its Strategy. Expect Shares to Continue UP

Unusual Volume

Dick’s Sporting Goods,Inc. (DKS) Falls DOWN (13.73%)on 24m Shares Traded After Company Misses Sales Estimates in Earnings Report. Dick’s Also Said it Would Slow Down Store Openings and Cut Jobs. Expect Shares to Continue DOWN

Click to comment

Leave a Reply

Your email address will not be published.

Continue Reading

Subscribe To Our Newsletter:



Copyright © 2020 The Capitalist. his copyrighted material may not be republished without express permission. The information presented here is for general educational purposes only. MATERIAL CONNECTION DISCLOSURE: You should assume that this website has an affiliate relationship and/or another material connection to the persons or businesses mentioned in or linked to from this page and may receive commissions from purchases you make on subsequent web sites. You should not rely solely on information contained in this email to evaluate the product or service being endorsed. Always exercise due diligence before purchasing any product or service. This website contains advertisements.

[email]
[email]