Connect with us

Newsletters

The Capitalist Newsletter – October 14, 2016

Published

8 years ago

on

GOPRO STOPS SHIPPING TO AMAZON; UNDER PRESSURE AS HERO 5 SALES COME UNDER FIRE

GoPro, known for their wearable cameras, announced Thursday that it would temporarily stop selling its newest camera, the HERO5, to Amazon. Prior to that, GoPro shares were down 15 percent the past week. What’s going on? Is GoPro in trouble?

Read The Capitalist’s Take Here

Read More at Investor Place

Read More at Fortune

WELLS FARGO CEO JOHN STUMPF FINALLY RESIGNS; WALKS AWAY WITH $133 MILLION

Even though he left on a low, John Stumpf, former CEO of Wells Fargo, will take about $133.1 million into retirement. The beleaguered executive retired Wednesday afternoon as investors, lawmakers, and consumers grew increasingly frustrated with how Stumpf handled the fallout of the bank’s phony account scandal .

Read More From Fortune Here

Read More From The Wall Street Journal Here

Read More From USA Today Here

VERIZON SAYS YAHOO HACK “MATERIAL”; COULD AFFECT ACQUISITION

Verizon Communications Inc said on Thursday it has a “reasonable basis” to believe Yahoo Inc's massive data breach of email accounts represents a material impact that could allow Verizon to withdraw from its $4.83 billion deal to buy the technology company.

From Reuters Here

Read More From CNBC Here

Read More From TechCrunch Here

Closing Bell

-Thursday, October 13th

Stocks Close Lower following the Federal Reserve’s latest meeting and weak Chinese economic reports.

Big Insider Trades

-SalesForce.com, Inc. (CRM) CEO Marc Benioff Sells $885k

– Ruby Tuesday, Inc. (RT) Execs Buy $570k

Winners & Losers

– ULTA Salon, Cosmetics & Fragrance, Inc. (ULTA) Jumps UP (11.37%) After Raised Guidance

– Fluidigm, Corp. (FLDM) Stumbles DOWN (33.97%) After Bad Preliminary Q3 Reports and Analyst Downgrade

Most Talked About

Ocular Therapeutix, Inc. (OCUL) a Hot Topic and Strong Buy After Regeneron Pumps $300 Million into New Eylea Drug

The TIP Sheets

-Thursday, October 13th

– Ocean Power Technologies, Inc. (OPTT) Shares Drop After Analyst Downgrade. Analysts Put a Stop at 3.00. Expect Shares to Drop DOWN

Unusual Volume

– ITC Holdings Corp. (ITC) Drops (1%) on 31 Million Shares Traded After Analysts Give Hold Rating. Look for Shares to Break UP

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Topics:
Continue Reading

Copyright © 2023 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.

Is THE newsletter for…

INVESTORS TRADERS OWNERS

Stay up-to-date with the latest kick-ass interviews, podcasts, and more as we cover a wide range of topics, in the world of finance and technology. Don't miss out on our exclusive content featuring expert opinions and market insights delivered to your inbox 100% FREE!

SUBSCRIBE TODAY AND GET A FREE GIFT

Get ready to stay up-to-date with the latest business and market news from around the world!

The Capitalist is here to provide you with insightful data, analysis, and even videos to keep you informed.