But the big mystery is how Tesla’s Model 3 production ramp-up will look — and thus Model 3 deliveries. While investors may not get a very specific answer, management’s guidance range for total vehicle sales will likely provide some useful insight into Tesla’s outlook for the highly anticipated, lower-cost vehicle.
Day: February 17, 2017
T-Mobile stock climbs on report SoftBank open to Sprint combination
The stock of Bellevue-based T-Mobile US rose 5.5 percent Friday following a report that SoftBank would be willing to give up control of Sprint if it would help cement a potential merger of the two mobile-phone carriers. The stock of Bellevue-based T-Mobile US rose 5.5 percent Friday following a report that SoftBank Group would be willing to give up control of Sprint if it would help cement a potential merger of the two mobile-phone carriers.
You’re recycling your milk carton all wrong
Many people don’t know how to recycle milk cartons, as evidenced by this photo of three milk cartons erroneously placed in the paper bin at my office. Cartons are made primarily of paper but also have a thin layer of polyethylene, or plastic.
Mark Cuban appears to troll Trump by wearing No 46 in NBA’s…
Mark Cuban is often cited as a potential opponent to President Donald Trump in the 2020 presidential election and the Dallas Mavericks owner seemingly had some fun with that notion during a celebrity basketball game. It is the all-star break in the NBA and the festivities kicked off on Friday night with the annual “NBA All-Star Celebrity Game,” in New Orleans.
A woman who left her job at Google to strike out on her own…
Zak is the CEO and cofounder, along with her husband Dave Spector, of bra company ThirdLove . In 2012, Zak left her position as a Google senior marketing manager to found her startup.
Americans have $12.58 trillion of debt – here’s what it…
Americans’ debt balances rose “substantially” in the final quarter of 2016, according to the Federal Reserve Bank of New York. Household debt totaled $12.58 trillion as of December 31, 2016, according to the New York Fed’s latest quarterly report on credit.
The Sad Way Trump’s War with CNN Could Keep Cable Cheaper
This week, President Trump’s senior advisor and son-in-law Jared Kushner reportedly met with Time Warner executives to complain about CNN’s coverage of the president. Any visit from a White House official seeking to stifle journalists is disturbing.
Riddle Me This; Bendable Market: Best of Kass
In highlights from this week’s trading diary and posts, Kass discusses a difference between the equity and the fixed-income markets, and watches as the market bends, just a little. Doug Kass fills his blog on RealMoney every day with his up-to-the-minute reactions to what’s happening in the market and his legendary ahead-of-the-crowd ideas.
Tree Academy promotes creative learning, entrepreneurship
Jack Dillon-McDonald, 13, a 7th-grader at Tree Academy in Los Angeles, displays the Jack’s Organic Savory Blend seasoning he created under the product name “Treesonings.” The school is designed to nurture and stimulate students in a way most public and private schools can’t. “I just feel like the environment here is very welcoming and open to what you want to try,” the 13-year-old Burbank resident said.
T-Mobile Has a Lot of Negotiating Power in Any Merger Talks with Sprint
Since then, T-Mobile has punched a giant hole in that argument by steadily delivering profitable growth and share gains, and forcing its rivals to respond with major discounts. In addition to giving deal opponents a big talking point, the self-proclaimed “Un-Carrier’s” financial success gives it a lot of bargaining power should it choose to pursue a tie-up with a rival that still faces its share of issues.
How Strong Is the Bull Case for Bitcoin?
After all, the newsletter theyhave run for over a decade, the Motley Fool Stock Advisor, has tripled the market.* David and Tomjust revealed what they believe are the ten best stocks for investors to buy right now and Wal-Mart wasn’t one of them! That’s right — theythink these 10 stocks are even better buys. Chris Hill: We’ve gotearnings to get to.
iTunes is still the most preferred music platform in the US,…
At this point, it seems clear that streaming services will be the dominant way people consume music going forward. If anything, we might have hit that point already: A January report from Nielsen found that Americans got more music from on-demand streaming than from digital downloads in 2016.
John McCain just spent 9 minutes picking apart Trump’s…
Republican Senator John McCain of Arizona just spent nine minutes picking apart President Donald Trump’s worldview without mentioning his name once at the Munich Security Conference in Germany on Friday. “In recent years, this question would invite accusations of hyperbole and alarmism; not this year,” McCain said of the event’s provocative title.
‘He’s the underdog’: We went to Staten Island to talk to…
Staten Island is the most conservative borough of New York City. One month into Trump’s presidency, we went there to hear people’s thoughts.
CUBAN: Don’t go to school for finance – liberal arts is the…
Billionaire investor Mark Cuban offered a perhaps bleak prediction on the future of jobs in an interview Friday with Bloomberg’s Cory Johnson at the NBA All-Star Technology Summit in New Orleans. Discussing the swiftly evolving nature of jobs due to automation , he noted that across a broad array of industries, robots will replace human workers.
A big property landlord is fighting back and suing Airbnb
Landlords have long been wary of Airbnb, which lets individuals rent out spare space in their homes to guests, but one landlord is now going further, and taking the company to court. Apartment Investment and Management Company , a big property manager that oversees over 50,000 properties, filed lawsuits in both California and Florida seeking monetary damages and court orders preventing Airbnb from listing its units.
Anthem, Cigna Blast One Another Over Blocked Insurer Merger
Cigna Corp. and Anthem Inc. traded accusations of harassment and sabotage in competing lawsuits as the two health companies feud publicly in the wake of a stalled $48 billion merger. Cigna accused Anthem of trying to undermine its business by stealing confidential information and harassing its customers.
Gasoline Glut in New York Has Traders Sending Cargoes Abroad
Traders are lining up to export gasoline and diesel from New York Harbor, an area that normally relies on fuel imports from Europe and eastern Canada, shipping data compiled by Bloomberg show. While at least 6 cargoes that were headed to New York from Europe in January and early February were diverted to the Caribbean or the U.S. Gulf Coast, that wasn’t enough to stem the oversupply building up in terminals along the Eastern Seaboard.
The economic reality behind the Boeing plane Trump showed off
Interpretation of the news based on evidence, including data, as well as anticipating how events might unfold based on past events NORTH CHARLESTON, S.C. — President Trump visited a Boeing factory Friday to show off the company’s newest model of the 787 Dreamliner , the latest in a series of planes that experts describe as a marvel of aeronautical engineering. The fuel-efficient construction allows the newest model to fly from London to Cape Town, South Africa, without refueling – an extraordinary distance for a 330-passenger There is one number on which the Dreamliners are still coming up short, however: return on investment.
The EU diplomatic corps has been told to discontinue unpaid…
EU ombudsman Emily O’Reilly released a ruling Friday recommending that the European External Action Service begin paying its interns, the EU Observer reported . EEAS is the EU’s foreign service and diplomatic corps.
2 tragedies intersected to give this man a face transplant – …
The medical feat, which is still a relatively uncommon procedure, was punctuated by the heartbreaking stories of two young men under very similar circumstances – one ending with a damaged face, the other in a death. In 2006 at the age of 21, Andy Sandness attempted suicide.
Citigroup CEO Corbat takes home $15.5 million for 2016
Citigroup’s board of directors is awarding CEO Michael Corbat a pay package worth $15.5 million for 2016, down from $16.5 million in 2015. Citi’s board said Friday that in addition to his $1.5 million base salary, Corbat will receive $4.2 million in cash and $9.8 million in stock awards.
Access to airwaves made WBIN valuable in $68M sale NEW
Television broadcasting is all about visuals, but it turns out that the valuable part of WBIN-TV wasn’t anything that we could see. On Friday, Bill Binnie announced that he would be shutting down the state’s youngest television station because he had sold its broadcast spectrum – the right to send out its signals at certain wavelengths – to the Federal Communications Commission for $68 million, more than seven times the $9 million he paid for the station in 2011.
Citigroup Cuts CEO Corbat’s Compensation 6.1% to $15.5 Million
Citigroup Inc. cut Chief Executive Officer Mike Corbat’s compensation 6.1 percent for 2016 to $15.5 million after the firm’s profit declined. Corbat, 56, got a $4.2 million cash award and $9.8 million in shares that vest and pay out over a number of years depending on the bank’s performance, according to a regulatory filing Friday.
BofA Boosts CEO Moynihan’s Pay 25% as Citigroup Pares Corbat’s
Bank of America Corp. awarded Chief Executive Officer Brian T. Moynihan $20 million for his work last year, raising his compensation 25 percent, while Citigroup Inc. cut CEO Mike Corbat’s by 6.1 percent to $15.5 million. Moynihan received $18.5 million in stock grants for 2016, according to a regulatory filing Friday, up from the $14.5 million he received for 2015.
FCC notice to WTTW of fines for underwriting violations, 1997
In 1997, the FCC fined Chicago public TV station WTTW for violating commission standards for underwriting credits . More than two years later, the commission found that three of the four contested credits were permissible, and reduced the fine .
Does broadband speed always matter?
Is establishing a baseline speed for broadband service the wrong approach? According to Daniel Lyons, a visiting scholar with the American Enterprise Institute’s Center for Internet, Communications and Technology Policy, the government should instead use an objective, activity-based definition based on the core activities users expect a broadband network to provide. Potential activities could include access to email, news, job boards or digital voice service for easy access to public safety officials.
One Gaping Hole in the GOP Tax Plan Could Be a Boon for Alibaba
An unanswered question in the GOP tax plan could give Alibaba a huge advantage over American retailers like Walmart and Amazon. An unanswered question in the GOP tax plan could give China-based Alibaba a huge advantage over American retailers like Walmart and Amazon .
Aetna Shares Bounce Back After Close
Aetna shares plummeted Friday during regular trading hours after announcing it was approving up to $4 billion in share repurchases and that it would double its quarterly cash dividend to 50 cents per share. The mega health insurer’s share prices fell 3.2% on heavy volume ahead of market’s close Friday, hitting $125.27 apiece.
Why It Makes Sense for Apple to Make iPhone SEs in India, but Not Other Models
The tech giant’s reported plans to produce the low-cost iPhone model in India would allow it to avoid important tariffs and possibly obtain lower labor costs. For years, Tim Cook has argued that India is Apple’s next big emerging markets growth opportunity as its huge population, growing middle class and 4G network rollouts create a large base of consumers able and willing to buy a high-end smartphone.
Why Yamana Gold, Nu Skin Enterprises, and DineEquity Slumped Today
Friday once again showed the resiliency of the stock market, with the Dow , S&P 500 , and Nasdaq Composite all finishing with modest gains that were sufficient to bring the market benchmarks to new record highs. Positive sentiment about the prospects for the U.S. economy continued to guide the market’s movements and prevent any substantial drop in stocks, and generally favorable earnings across the business continuum were also supportive.
Why Unilever, DigitalGlobe, and SunPower Jumped Today
The stock market finished the week on a quiet note on Friday, as major market benchmarks once again overcame downward pressure early in the day to finish slightly higher. The Dow , S&P 500 , and Nasdaq Composite all gained enough ground to set new all-time records.
Why Pingtan Marine Enterprises Ltd Sank 16% on Friday
There seems to be little specific news to explain Pingtan’s sudden sell-off Friday, at least in the ultra-near term. Over in Norway, rival fishermen Norway Royal Salmon and Marine Harvest are enjoying their “best fourth quarter result in … history,” and “record high” profits, respectively, both partly with help from Chinese demand for fish.
Why DigitalGlobe, Inc. Stock Popped Today
According to a report from The Wall Street Journal this afternoon, which cited “people familiar with the matter,” DigitalGlobe has fielded interest from a “number of possible buyers.” But now, the sources say, the company is in “advanced talks” to sell itself to Canadian satellite company MacDonald Dettwiler & Associates.
What Happened in the Stock Market Today
Stocks spent nearly all of Friday’s trading session in the red before climbing back to just barely positive territory at the close. The Dow Jones Industrial Average Campbell Soup shares gave up 6.5% to slip into negative territory on the year after the consumer foods specialist posted surprisingly weak fourth-quarter earnings results.
Trump, Yellen Nor Putin Can Spook U.S. Investors
It seems as if U.S. stock investors are afraid of absolutely nothing. Not even a Russian submarine floating off the coast of Connecticut, nor a pugnacious president who lambasted and mocked the media during a chaotic press conference or a Fed Chair that talked candidly about a slow-growing U.S. economy.
Trump Says U.S. Looking At ‘big Order’ Of Boeing Super Hornets
President Donald Trump said Friday the U.S. is seriously looking at a “big order” of Super Hornet fighter jets from Boeing . Trump made the comment while speaking at a Boeing facility in South Carolina, during which he said he wanted more products to be made by American workers at U.S. factories.
Stocks Finish Higher For Week As Dow, Nasdaq Score Another Record
U.S. stocks finished higher for the week Friday as the Dow industrials extended its streak of record closes to seven sessions. The Dow Jones Industrial Average rose 4.28 points, or less than 0.1%, to finish at 20,624.05, as shares of UnitedHealth Group Inc. weighed heavily on the average.
Square Stock Soars As Citi Encourages Investors To Buy
Shares of Square Inc. climbed nearly 4% on Friday after analysts at Citigroup initiated coverage on the stock with a buy rating. Square stock traded around $14.40 Friday afternoon, representing an increase of nearly 18% in the past three months and more than 46% in the past 12 months.
Exclusive: SoftBank willing to cede control of Sprint to entice T-Mobile – sources
Japan’s SoftBank Group Corp is prepared to give up control of Sprint Corp to Deutsche Telekom AG’s T-Mobile US Inc to clinch a merger of the two U.S. wireless carriers, according to people familiar with the matter. The logo of U.S. mobile network operator Sprint Corp is seen at a Sprint store in San Marcos, California August 3, 2015.