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Men’s Warehouse Still Struggling To Find Its Way (NYSE:MW)

Men’s Warehouse Still Struggling To Find Its Way (NYSE:MW)

The Men’s Wearhouse retail chain has continued to struggle to find its footing after the ouster of its long time leader. The company’s stock has been plunging. Its shares have dropped more than 60 percent over the last three months. Men’s Wearhouse has also lowered earnings forecasts for the fiscal […]

Nintendo Seeks New Sales Hit With Amiibo Figures (NTDOY)

Nintendo Seeks New Sales Hit With Amiibo Figures (NTDOY)

Nintendo has released a new product for the holiday season – a collection of figurines in the likeness of some of Nintendo’s most notable characters that will interact with the company’s Wii U console. Nintendo also released the latest installment of the Super Smash Bros. video game, a top-selling franchise […]

A.I.G. Faces Calls To Split Up (NYSE: AIG)

A.I.G. Faces Calls To Split Up (NYSE: AIG)

In an open letter to American International Group, billionaire investor Carl C. Icahn called on the company to break itself up into several smaller insurers. Icahn is one of Wall Street’s most prominent activist investors and he reportedly owns a large stake in the company. The activist investor believes that […]

Amaya Gaming Acquired PokerStars for $4.9 Billion

Amaya Gaming Acquired PokerStars for $4.9 Billion

Amaya – Poker Stars Deal If you ever wondered how much money was actually in online gambling and gaming sites wonder no more. Amaya Gaming, a small publicly-traded Canadian supplier of gambling equipment has reached an agreement to purchase PokerStars, the world’s biggest online poker company, for $4.9 billion. The […]

Alibaba Group Holding Ltd Appoints Eric Pelletier As Head Of International Government Affairs

Alibaba Group Holding Ltd Appoints Eric Pelletier As Head Of International Government Affairs

Based on recent developments crossing wires, Alibaba Group Holding Ltd. (NYSE:BABA) announced the decision to appoint Eric Pelletier as Vice President, Head of International Government Affairs in Washington on Friday. An inside source informed Bloomberg that Mr. Pelletier would consolidate a team aimed at building relationship with government officials in […]

Apple Inc: Dr. Dre’s Beats Lost 200 Employees

Apple Inc: Dr. Dre’s Beats Lost 200 Employees

You would have thought your job was safe when one of the biggest companies in the free world bought the comany where you were employed, but for 200 workers at headset maker Dr. Dre’s Beats that wont be the case. Not all is lost however. Most will be offered different […]

Hacker Cyber Attack Hits JPMorgan Chase (JPM)

Hacker Cyber Attack Hits JPMorgan Chase (JPM)

JPMorgan Chase has become the victim of a hacker cyber attack that exposed volumes of sensitive customer data. Once the hackers gained access to the banks’ networks, they began accessing customer data, according to several sources briefed on a continuing investigation into the crimes. The compromised information includes checking and […]

CSX Said Earnings for Fourth Quarter and Full Year were Solid

CSX Said Earnings for Fourth Quarter and Full Year were Solid

CSX Corporation announced its 2018 fourth quarter earnings that reached $466 million, a drop of 5% from its $491 million during the same period in 2017, equal to 48 cents a share compared to 49 cents a share for the prior year or a drop of 2%. Revenue for the […]