Author Archives: Chris Lange

What This Executive Loss Means for Facebook

Things were shaken up at Facebook Inc. (NASDAQ: FB) on Tuesday after it was announced that the co-founders of Instagram, Kevin Systrom and Mike Krieger, would be leaving the company ...
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Are Sonic Shareholders Getting Enough in the Buyout?

Sonic Corp. (NASDAQ: SONC) shares jumped on Tuesday after it was announced that the burger chain would be acquired by the privately held Inspire Brands. The transaction is subject to ...
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Why Pandora Shareholders Might Vote Against the Acquisition

It was announced on Monday that Pandora Media Inc. (NYSE: P) would be acquired by Sirius XM Holdings Inc. (NASDAQ: SIRI). While this deal might look good at first glance, ...
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Will Tinder Work in India?

Match Group Inc. (NASDAQ: MTCH) shares made a handy gain on Tuesday after the company announced that it is trying out a few security feature in India before this feature ...
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What to Expect When Nike Reports After the Close

Nike Inc. (NYSE: NKE) is scheduled to release its fiscal first-quarter financial results after the markets close on Tuesday. The consensus estimates from Thomson Reuters are calling for $0.63 in ...
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What Michael Kors Gets by Acquiring Versace

Michael Kors Holdings Ltd. (NYSE: KORS) announced early on Tuesday that it would be acquiring the Italian luxury fashion house Gianni Versace and adding it to its portfolio. The combined ...
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Why Ascena Retail Is Tuesday’s Big Earnings Winner

When Ascena Retail Group Inc. (NASDAQ: ASNA) released its fiscal fourth-quarter financial results after the markets closed on Monday, the company said that it had $0.07 in earnings per share ...
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How Apple and Salesforce Are Planning on Joining Forces

Apple Inc. (NASDAQ: AAPL) and Salesforce.com Inc. (NYSE: CRM) announced a strategic partnership on Monday that would redesign the Salesforce app to incorporate new exclusive features with Apple’s new iOS. ...
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Monday’s Biggest Winners and Losers in the S&P 500

September 24, 2018: The S&P 500 closed down 0.3% at 2,919.38. The DJIA closed down 0.7% at 26,562.18. Separately, the Nasdaq was flat at 7,993.25. Monday was a down day ...
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Elastic Closes in on IPO

Elastic, creator the Elastic Stack, has filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) in regards to its initial public offering (IPO). The company expects ...
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Akcea and Ionis Pharma Win Big in Midstage Cardiovascular Disease Study

Akcea Therapeutics Inc. (NASDAQ: AKCA) and Ionis Pharmaceuticals Inc. (NASDAQ: IONS) shares made a solid gain on Monday after the companies announced positive top-line data for a midstage trial in ...
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Kodiak Sciences Announces Potential Pricing for IPO

Kodiak Sciences has registered an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). The company expects to price its 9.0 million ...
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Sears Heads Towards Penny Stock Status

Sears Holdings Corp. (NASDAQ: SHLD) has been circling the drain for some time now, but with its most recent move it’s looking to stave off bankruptcy yet again. The company ...
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Does the Connected Home Need to Be This Connected?

Amazon.com Inc. (NASDAQ: AMZN) is making the case for the connected home with its most recent offering of Alexa-related products. While it is great to be able to talk to ...
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Why Amarin Shares Are Exploding

Amarin Corp. PLC (NASDAQ: AMRN) shares absolutely skyrocketed on Monday after the company announced top-line results from the Vascepa cardiovascular (CV) outcomes trial, REDUCE-IT. Needless to say, the results were ...
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