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Zuckerberg's control of Facebook may be a threat to the value of the stock, Macquarie says (FB)

"Zuckerberg controls the vote and the company. If he wants to change something, he can, even if it negatively impacts near-term financial results," two Macquarie analysts say. "As financial analysts, we tend to get a bit concerned when...Show More Summary

Yelp lawsuit claims CEO Jeremy Stoppelman made millions on artificially inflated stock

A group of Yelp shareholders is filing a class action lawsuit on behalf of investors who purchased shares between February 10, 2017, and May 9, 2017. According to the claim, Yelp misled investors about its financial results when it reported them in February of last year. Show More Summary

Shoot Like A Girl Reveals Successes Seen in 2017

Company continues to grow and empower women shooters Athens, AL – January 17, 2018 –Shoot Like A Girl announced their 2017 results in their Annual Report, and show a financial impact to the shooting sports industry of over $17,000,000. Show More Summary

How to reconcile risk sharing and market discipline in the euro area

The euro area continues to suffer from critical weaknesses that are the result of a poorly designed fiscal and financial architecture, but its members are divided on how to address the problems. This column proposes six reforms which,...Show More Summary

Banks are Big Winners from Tax Cut

5 days agoNews : NYTimes: News

Financial firms are benefiting from the $1.5 trillion tax cut and make up the majority of companies so far handing out raises and bonuses as a result of the bill.

UK Construction Giant With 43,000 Employees Collapses

Tense last-minute rescue negotiations failed to yield a result over the weekend, and on Monday morning a major British construction company announced it was going into liquidation after it was unsuccessful in securing a financial lifeline. Show More Summary

EuropaCorp Moves To Reduce French Staff By 28% After Recent Losses

After posting an $83M net loss in its six-month financial results last month, and a $136M loss for the fiscal year ending March 31, 2017, Luc Besson’s EuropaCorp has begun a consultation procedure that could see the layoff of 22 employees. The...Show More Summary

To Avoid SR-99 Diversions, Toll All the Roads

The new SR-99 tunnel has a problem. No, Bertha isn’t stuck again.  This time, problem is financial: setting the toll rates. The initial results of an investment-grade analysis of tolling options, performed by a consultant for WSDOT, show that setting a price point for the new tunnel continues to be as tricky a proposition as […]

DealBook Briefing: JPMorgan Shows Wall Street Is Still Hurting

The firm’s latest financial results show that fixed-income trading, the onetime engine behind Wall Street’s profits, is continuing to sputter.

Bannon's split with Breitbart's top donors could cost him 40% of his income

Former White House chief strategist Steve Bannon could see his income drop 40% as a result of his main financial backer abandoning him. The Mercer family, which has long funded Breitbart News and helped finance the Trump campaign, have...Show More Summary

LG announces a $343 million profit in Q4 2017

LG has shared its preliminary financial results for Q4 2017, revealing that the company had an operating profit of more than $340 million.

Publisher blames PUBG for Lawbreakers flopping

LawBreakers publisher Nexon has blamed the game's disastrous fortunes on... PlayerUnknown's Battlegrounds. Nexon's latest financial results include a whopping $32.6m (£24m) expenses hole - "the majority of which" of which was meant to filled by Cliff Bleszinski's unloved game. Show More Summary

Chelsea profits show that the Blues are a self-sufficient club

3 weeks agoSports / Football : Soccerlens

Chelsea profits show that the Blues are a self-sufficient club - originally posted on Sportslens.com   Chelsea Football Club have announced their annual financial results, and have officially made a profit of £15.3m. A record turnover was made of £361.3m. Show More Summary

Hedge funds killed the newspaper industry, not the web

3 weeks agoHumor / odd : Boing Boing

The web came of age with no-holds-barred finance capitalism, so it's hard to decide which of the last twenty years' worth of changes are the result of the tech industry, or of financialization, or a toxic mix of both. (more…)

Lawyer Guilty of Helping Shkreli Cover Up Fraud

A lawyer accused of helping Martin Shkreli cover up financial fraud was convicted on Wednesday, a result a prosecutor said should send a "powerful message" through the legal profession. After an 11-week trial, Evan Greebel was convicted by a federal jury in Brooklyn of conspiring to commit securities fraud and...

Clemson pays assistant coaches top dollar, gets top results

Clemson has financially taken care of its offensive and defensive coordinators under Dabo Swinney and the Tigers have rewarded with top-level results on the field        

Analyst slashes Tesla Model 3 fourth quarter forecast by nearly 70%

KeyBanc Capital Markets predicts Tesla will report weaker-than-expected financial results for its Model 3.

What Is a Good Credit Score?

A lot has changed with credit scores in the last few years. Both the credit repositories, and the companies who use them, are redefining credit scores as a result of the financial meltdown. The credit scores that were valid three or four years ago may no longer be. Show More Summary

EuropaCorp Posts Half Year Loss Of $83M, Blames ‘Valerian’ B.O. Performance In U.S.

EuropaCorp posted their six month financial results today ending Sept. 30, and Luc Besson’s French media company is suffering an $83M net loss versus a $32.6M loss for the same period a year ago. The company attributes that to the underperformance...Show More Summary

A not-quite-random walk demystifies the algorithm

The algorithm is having a cultural moment. Originally a math and computer science term, algorithms are now used to account for everything from military drone strikes and financial market forecasts to Google search results.

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