Papa John’s shares plunge on WSJ report that Trian is no longer looking at company

Papa John’s shares plunge on WSJ report that Trian is no longer looking at...

Trian Fund Management has decided not to pursue an acquisition of Papa John's, the Wall Street Journal reported on Tuesday, sending shares of the pizza chain down 14 percent. Other potential buyers are only interested in acquiring a stake of the company, said the report, which cited people familiar with the matter. Papa John's ousted…
November’s big jobs report could spark a major market sell-off, Invesco warns

November’s big jobs report could spark a major market sell-off, Invesco warns

Spencer Platt | Getty Images Traders work on the floor of the New York Stock Exchange (NYSE) on October 10, 2018 in New York City.  The issue has hurt the market in the past. Last February, a higher than expected wage growth number panicked Wall Street. It sent the 10-Year Treasury yield above 3 percent…
Why December’s ugly stock market is very bad news for California’s finances

Why December’s ugly stock market is very bad news for California’s finances

December's ugly stock market is very bad news for California's finances. That's because the state's top 1 percent of personal income tax earners — roughly 164,000 tax returns — generate about half of the personal income taxes in California. A good chunk of the income from the wealthy comes from capital gains and stock options…
Review: 2019 Maserati Levante GTS is an SUV packed with a Ferrari V-8 engine that delivers on speed

Review: 2019 Maserati Levante GTS is an SUV packed with a Ferrari V-8 engine...

But while other fantastic-driving SUVs like the Alfa Romeo Stelvio Quadrifoglio sacrifice road manners for a fun experience, the Levante is perfectly comfortable for city cruising. It handles rough streets well, never harshly, with a surprisingly quiet cabin given the ferocity of the motor. As for a value proposition, the Levante GTS fares quite well.…
Tesla set to report earnings after the bell

Tesla set to report earnings after the bell

Tesla reported its second-consecutive quarterly profit Wednesday and better-than-expected sales, but its fourth-quarter earnings fell short of analysts' expectations and sent shares south after the markets closed. Here's how the company did compared with what Wall Street expected: Adjusted EPS: $1.93 versus $2.20, according to average estimates compiled by Refinitiv Revenue: $7.23 billion versus $7.08…
Trump orders the FBI to conduct supplemental investigation into Supreme Court pick Brett Kavanaugh

Trump orders the FBI to conduct supplemental investigation into Supreme Court pick Brett Kavanaugh

Zach Gibson | Getty Images Supreme Court Nominee Brett Kavanaugh testifies during the second day of his Supreme Court confirmation hearing on Capitol Hill September 5, 2018 in Washington, DC. President Donald Trump said Friday that he had ordered the FBI to conduct a "supplemental investigation" into an allegation of sexual assault against Supreme Court…
A woman shared her tragic story of how social media kept targeting her with baby ads after she had a stillbirth

A woman shared her tragic story of how social media kept targeting her with...

At one of the saddest times of her life, Gillian Brockell kept seeing ads on social media that twisted the knife in her wound. In an open letter posted to Twitter and addressed to "Tech Companies," the Washington Post opinion video editor says she continued to be targeted with motherhood ads after learning that her…
Wall Street’s top pot analyst loves Cronos deal for Altria: ‘Unique entry into cannabis’

Wall Street’s top pot analyst loves Cronos deal for Altria: ‘Unique entry into cannabis’

Wall Street's top marijuana analyst likes Marlboro maker Altria's $1.8 billion investment in Canadian pot company Cronos Group, telling clients the move represents a "unique entry into cannabis." Cronos's emphasis on rare cannabinoids will likely prove valuable for Altria as it looks to diversify away from tobacco and into up-and-coming markets like e-cigarettes and marijuana,…
Nvidia is falling again as analysts bail on once-loved stock: ‘This becomes a show me story’

Nvidia is falling again as analysts bail on once-loved stock: ‘This becomes a show...

Moore downgraded Nvidia to equal weight from overweight and slashed his price target on the stock to $148 per share from $220. The new price target implies a 7.2 percent upside from Monday's close of $138.01. His old price target implied an upside of 59.4 percent. Nvidia became the latest tech company to attribute a…
Here’s what the Cohen sentencing memos say about his efforts to help Trump’s 2016 campaign

Here’s what the Cohen sentencing memos say about his efforts to help Trump’s 2016...

Stephanie Keith | Reuters Michael Cohen, attorney for The Trump Organization, arrives at Trump Tower in New York City, U.S. January 17, 2017. Federal prosecutors laid out how President Donald Trump's former personal lawyer Michael Cohen worked to illegally help the Trump campaign in 2016. Chunks of the Southern District of New York's sentencing memo…

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