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Snap is giving an Amazon exec $20 million in stock to replace its CFO one week after reporting disastrous earnings (SNAP)

Snapchat parent company Snap is appointing an ex-Amazon exec as its new CEO. Tim Stone is replacing Andrew Vollero, who was in the job for just over two years. Snapchat’s parent company Snap Inc. is getting a new CFO. …read more […]

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Thomson Reuters Stock Price and Research (NYSE: TRI)

Thomson Reuters (NYSE: TRI) is a $29 billion company today. Investors that bought shares one year ago are sitting on a -6.15% total return. That’s below the S&P 500’s return of 13.35%.

Thomson Reuters stock is underperforming the market. It’s beaten down, but it reports earnings soon. So is it a good time to buy? To answer this question we’ve turned to the Investment U Stock Grader. Our research team built this system to diagnose the financial health of a company.

Our system looks at six key metrics…

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✓ Earnings-per-Share (EPS) Growth: Thomson Reuters reported a recent EPS growth rate of 131.43%. That’s …read more […]

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Lockheed resumes F-35 jet deliveries to Pentagon

The U.S. Department of Defense resumed accepting F-35 jet deliveries from Lockheed Martin Corp (LMT.N) last week after reaching an agreement on covering the costs to fix a production error, the Pentagon told Reuters on Monday. The Pentagon had stopped accepting the jets on March 29, the Pentagon’s F-35 Joint Program office told Reuters in a statement. The military, U.S. allies that own F-35s and Lockheed Martin are making the necessary repairs to all aircraft, the Pentagon’s office in charge of the fighter program said in the statement. …read more […]

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Business News

Democratic lawmakers express ‘serious concerns’ about T-Mobile purchase of Sprint

WASHINGTON (Reuters) – Senators Amy Klobuchar, Elizabeth Warren and other Democratic lawmakers expressed “serious concerns” on Monday about T-Mobile US, Inc’s plan to buy rival Sprint Corp , focusing on the planned deal’s effect on lower-cost wireless plans, Klobuchar’s office said in a press statement.

…read more […]