After Las Vegas Attack, Analyst Downgrades MGM Resorts International
After the horrific attack in Las Vegas, Susquehanna Financial Group downgraded MGM Resorts International (NYSE:$MGM) and cut its price forecast on the casino resort operator’s shares. However, Susquehanna Financial Group remains positive on the company ... [Read]
Sen. Warren Demands Wells Fargo CEO to be Removed From Position
On Tuesday, October 3, Sen. Elizabeth Warren demanded that Timothy Sloan, CEO of Wells Fargo (NYSE:$WFC), be removed from his position. Why? Warren argued that Sloan was part of a culture that pushed Wells Fargo ... [Read]
Equifax Former CEO Takes “Full Responsibility” For Massive Data Breach
Credit reporting company Equifax, Inc. (NYSE:$EFX) reported a massive data breach last month, and on Tuesday, October 3, former CEO Richard Smith told Congress he takes “full responsibility” for the hack. Smith testified on Tuesday ... [Read]
Blackberry Announces Pending Transfer from NASDAQ to the NYSE
On Tuesday, October 3, Blackberry (NASDAQ:$BBRY) announced its pending transfer of the listing of its common stock from the NASDAQ Global Select Market to the New York Stock Exchange. If all goes as planned, Blackberry ... [Read]
Facebook Admits to Promoting News Stories that Falsely Identified Las Vegas Shooter
Facebook (NASDAQ:$FB) seemed to be en route to putting its fake news scandals behind them, but all of that changed when the company promoted news stories that claimed the shooter in the Las Vegas massacre ... [Read]
Bank of America Upgrades General Motors From ‘Neutral’ to ‘Buy’
According to a Wall Street firm, General Motors’ (NYSE:$GM) competitive position in future technologies in the auto market is severely underestimated by investors. Bank of America upgrades General Motors. Bank of America Merrill Lynch boosted ... [Read]
2 Reasons Why Roku Did So Well on its First Day of Trading
Shares of Roku, Inc. (NASDAQ:$ROKU) soared 67.86% in its first day of trading on Thursday, September 28. Roku priced its IPO at $14 per share but finished the trading day on Thursday at $23.50 per ... [Read]