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Cracker Barrel (CBRL) Down 1.1% Since Earnings Report: Can It Rebound?

A month has gone by since the last earnings report for Cracker Barrel Old Country Store Inc CBRL Shares have lost about 1 1 in that time frame underperforming the market Will the recent negative trend continue leading up to the stock s next earnings release or is it due for a Source
Posted On 23 Jun 2017

Axel Springer hopeful Facebook will make news pay

BERLIN (Reuters) – The chief executive of German publisher Axel Springer is confident that internet companies like Facebook, Snapchat and Google will help news providers make more money from their content. Source
Posted On 23 Jun 2017

India’s Infosys says investigation finds no evidence of wrongdoing

MUMBAI (Reuters) – India’s Infosys said on Friday an investigation it commissioned had found no evidence of wrongdoing in accusations by an anonymous whistleblower, releasing the findings a day before it holds its annual shareholders meeting. Source
Posted On 23 Jun 2017

Facebook launches UK initiative to counter online extremist material

(Reuters) – Facebook Inc is launching a UK program to train and fund local organizations to combat extremist material online, as internet companies attempt to clamp down on hate speech and violent content on their services. Source
Posted On 23 Jun 2017

China’s authorities tighten noose around online video content

BEIJING (Reuters) – Beijing has shut down online video services of three popular Chinese media sites in a swift action that unleashed financial shockwaves and posed a firm warning to the country’s online video industry: clean up, or close down. Source
Posted On 23 Jun 2017

Under pressure, Western tech firms bow to Russian demands to share cyber secrets

WASHINGTON/MOSCOW (Reuters) – Western technology companies, including Cisco, IBM and SAP, are acceding to demands by Moscow for access to closely guarded product security secrets, at a time when Russia has been accused of a growing number of cyber attacks on the West, a...
Posted On 23 Jun 2017

Toshiba willing to talk with spurned Western Digital about chip unit sale

TOKYO (Reuters) – Toshiba Corp said it was open to talks with Western Digital Corp in their dispute over the sale of the Japanese conglomerate’s prized chip unit – an apparent olive branch after it chose another suitor as preferred bidder. Source
Posted On 23 Jun 2017

Russia threatens to block Telegram messaging app

MOSCOW (Reuters) – Russia’s communications regulator Roskomnadzor on Friday accused the Telegram messaging app of violating Russian legislation and said it could be blocked if it did not provide the watchdog with information about the company that controls Telegram. Source
Posted On 23 Jun 2017

Why Teekay Corporation Took Off — and Rose 10% Today

What happened Teekay Corporation NYSE TK stock closed today up 9 5 So what The stock s sudden rise appears to owe to a delayed reaction to positive analyst sentiment Yesterday a researcher from Value Investor s Edge on SeekingAlphaPro penned Source
Posted On 23 Jun 2017

Under Armour (UAA) Stock Up on Sneaker Deal with NBA Draft Prospect Josh Jackson

On Thursday shares of Under Armour UAA closed the day up 1 67 after the athletic retailer signed top NBA draft prospect Josh Jackson to a sneaker deal The 2017 NBA Draft takes place June 22 at 7 00 PM EST in New York s Barclays Center Jackson played for the University of Kansas...
Posted On 23 Jun 2017