• GRAND CANYON EDUCATION 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against Grand Canyon Education, Inc. - LOPE
    Business Wire

    GRAND CANYON EDUCATION 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against Grand Canyon Education, Inc. - LOPE

    Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have only until July 13, 2020 to file lead plaintiff applications in a securities class action lawsuit against Grand Canyon Education, Inc. (NasdaqGS: LOPE), if they purchased the Company’s securities between January 5, 2018, and January 27, 2020, inclusive (the "Class Period"). This action is pending in the United States District Court for the District of Delaware.

  • WORLD WRESTLING ENTERTAINMENT INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of World Wrestling Entertainment, Inc. - WWE
    Business Wire

    WORLD WRESTLING ENTERTAINMENT INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of World Wrestling Entertainment, Inc. - WWE

    Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF has commenced an investigation into World Wrestling Entertainment, Inc. ("WWE") (NYSE: WWE).

  • Investors await BlackRock earnings after blistering second quarter market rally
    Reuters

    Investors await BlackRock earnings after blistering second quarter market rally

    Investors will watch next week's earnings from BlackRock, the world's largest asset manager, for a snapshot of how the industry performed during the second quarter's dramatic rebound in global financial markets. Most expect numbers from industry bellwether BlackRock and other asset managers to reflect the sharp stock market rebound. Since the performance of asset managers tends to be tied to how markets fare, investors see a range of risks ahead, including further acceleration of U.S. coronavirus cases and potential market volatility around the Nov. 3 presidential election.

  • Reuters

    Australia's Victoria state records another day of high coronavirus infections

    Australia's second most-populous state on Saturday reported one of its highest daily increases in new coronavirus infections and warned the numbers would get worse before they got better as it began its first weekend under a six-week lockdown. Victoria state recorded 216 new cases of the virus that causes COVID-19 in the 24 hours to Saturday morning, down from a record 288 cases the previous day but still one of the biggest daily increases of any part of the country since the pandemic arrived. "It will get worse before it gets better," Victorian Premier Daniel Andrews told a televised news conference.

  • Business Wire

    CLS: Chinese Fabless company UNISOC completed equity restructuring, promoting the IPO process

    Announced in May, Chinese fabless semiconductor company UNISOC has received increased capital of CNY 5 billion(around USD 715 million)and completed the equity restructuring. It is reported recently that the UNISOC IPO process on SEE STAR MARKET is steadily advancing. Based on the latest announcement of the Shanghai Stock Exchange, UNISOC completed the relevant registration formalities of change at the Industrial and Commercial Administration on June 8, with the registered capital increased from CNY 4.2 billion(USD 600 million)to CNY 4.62 billion(USD 660 million), and the equity structure also changed a lot.

  • Fox Business

    PAC-12 limits college football in coronavirus crisis

    Stanford also said it will cut 11 of its Division I varsity sports programs.

  • Usman, Masvidal make weight for UFC 251 showdown at new "Fight Island" in Abu Dhabi
    Reuters Videos

    Usman, Masvidal make weight for UFC 251 showdown at new "Fight Island" in Abu Dhabi

    SHOWS: ABU DHABI, UAE (JULY 10, 2020) (UFC - MUST COURTESY 'UFC') 1. WELTERWEIGHT CHAMP KAMARU USMAN WALKING ON STAGE TO WEIGH IN 2. USMAN ON SCALE AND HIS WEIGHT BEING ANNOUNCED AT 170 POUNDS (77.1 KGS) 3. WELTERWEIGHT CHALLENGER JORGE MASVIDAL ON SCALE WEIGHING IN AT 170 POUNDS 4. MASVIDAL ON SCALE AND HIS WEIGHT BEING ANNOUNCED 5. USMAN AND MASVIDAL STARE DOWN 6. FEATHERWEIGHT TITLE FIGHTERS ALEXANDER VOLKANOVSKI AND MAX HOLLOWAY STARE DOWN 7. BANTAMWEIGHT TITLE FIGHTERS PETR YAN AND JOSE ALDO STARE DOWN STORY: Co-headliners Kamaru Usman and Jorge Masvidal made weight Friday (July 10) ahead of this weekend's UFC 251 welterweight title fight at the new "Fight Island" venue. UFC 251 will be the first event to take place at the new venue in Abu Dhabi, with three title fights and a set of health and safety measures in place due to the continuing COVID-19 pandemic. The card is the first of four to be held at a purpose-built facility which is part of a "safe zone" on Yas Island, east of the city of Abu Dhabi and close to the airport. The zone contains the fight venue and training facilities as well as several hotels and restaurants, and access is strictly controlled. Fighters have been instructed to gather at one of a number of departure points to be tested and quarantined before traveling to the United Arab Emirates, with further tests on-site both before and after the event. With the sporting calendar virtually wiped out by the pandemic, mixed martial arts was one of the first sports in the U.S. to stage events again, with three cards in Jacksonville, Florida in May followed by five at the UFC's APEX facility in Las Vegas. Despite the organizers' best efforts, COVID-19 has still had an impact on the UFC 251 card as contender Gilbert Burns was ruled out of his welterweight title clash with Kamaru Usman following a positive test for the virus. He will be replaced in the main event by the hugely popular Jorge Masvidal, while Alexander Volkanovski puts his featherweight title on the line against Max Holloway and Petr Yan and Jose Aldo go head-to-head for the vacant bantamweight belt. The venue will host further events on July 15, July 18 and July 25 before UFC returns to Las Vegas. Volkanovski, however, said the venue makes little difference to the fighters. (Production: David Grip)

  • Fox Business

    What is the Giving Pledge? Wealthiest in the world pledge to give their money away

    More than 200 of the world's wealthiest people have pledged to give away a majority of their wealth since the Giving Pledge was created in 2010.

  • Barrons.com

    The Banks Are Reporting Earnings. The Best Advice: Think Long Term.

    The good news: the big banks didn’t cause the pandemic. The bad news: So far it’s been difficult to tell how badly they’ll be hurt.

  • The Biden-Sanders climate-change policy pact: 8 key features
    MarketWatch

    The Biden-Sanders climate-change policy pact: 8 key features

    Presidential candidate Joe Biden has advanced environmental policy recommendations that most analysts find more ambitious than his stance in favor of curbing man-made climate change earlier in his campaign.

  • Wells Fargo Tells Workers to Remove TikTok App From Work Phones
    Bloomberg

    Wells Fargo Tells Workers to Remove TikTok App From Work Phones

    (Bloomberg) -- Wells Fargo & Co. said it asked employees to remove TikTok from their work phones due to concerns about the security of the social-video app.“We have identified a small number of Wells Fargo employees with corporate-owned devices who had installed the TikTok application on their device,” a spokesman for the bank wrote in an emailed statement on Friday. “Due to concerns about TikTok’s privacy and security controls and practices, and because corporate-owned devices should be used for company business only, we have directed those employees to remove the app from their devices.”U.S. officials have raised questions about the security of TikTok, which is owned by Chinese company ByteDance Ltd. Secretary of State Mike Pompeo recently told Americans not to download the app unless they want to see their private information fall into “the hands of the Chinese Communist Party.”Read more: Trump Says He’s Considering a Ban on TikTok in the U.S.TikTok has repeatedly denied allegations that it poses a threat to U.S. national security. “User security is of the utmost importance to TikTok – we are fully committed to respecting the privacy of our users,” a TikTok spokesperson wrote in an email.Earlier on Friday, Amazon.com Inc. also told employees to delete TikTok from mobile devices they use to access company email, but the e-commerce giant later said that was a mistake. The Information reported Well Fargo’s decision earlier.Read more: TikTok Mulls Changes to Business to Distance Itself From ChinaFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Landing a mortgage rate under 3% just got easier
    MoneyWise

    Landing a mortgage rate under 3% just got easier

    Surveys show average rates have now dropped to around 3% — or much lower.

  • The COVID-19 pandemic is leading to innovative uses for drones
    Meredith Videos

    The COVID-19 pandemic is leading to innovative uses for drones

    Fortune’s Aaron Pressman explains.

  • Barrons.com

    How Barron’s Roundtable Panelists’ 2020 Stock Picks Have Performed So Far This Year

    BARRON'S ROUNDTABLE The members of the Barron’s Roundtable meet every January with the editors of Barron’s to discuss their forecasts for the economy and financial markets, and their favorite investment ideas for the new year.

  • Barrons.com

    How Barron’s Roundtable Panelists’ Stock Picks Have Performed Over the Past 12 Months

    Barron’s checks in with the Roundtable panelists at midyear to get an update on their macroeconomic views and their latest investment recommendations. Members of the Roundtable buy and sell securities and change their investment opinions as market conditions change. You can read the 2019 Midyear Roundtable here.

  • Barrons.com

    37 Stocks to Buy for the Second Half of 2020, According to Barron’s Roundtable Experts

    Near-zero interest rates have favored growth stocks this year, while leaving value names in the dust. Our 10 panelists say this has created ample opportunities to invest in good companies selling at deep discounts.

  • Financial Times

    Trump commutes prison sentence of associate Roger Stone

    President Donald Trump has commuted the prison sentence of Roger Stone, a confidante and self-described political “dirty trickster” in a Friday evening move that sparked widespread anger from Democrats. Mr Trump made the controversial move four days before Mr Stone, 67, was scheduled to start a 40-month sentence at a prison in Georgia. Mr Stone, one of several allies of the president convicted of crimes over the past two years, was found guilty in February of lying to Congress and engaging in witness tampering to protect Mr Trump.

  • Did Hedge Funds Make The Right Call On Hartford Financial Services Group Inc (HIG) ?
    Insider Monkey

    Did Hedge Funds Make The Right Call On Hartford Financial Services Group Inc (HIG) ?

    At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […]

  • Did Hedge Funds Make The Right Call On Synchrony Financial (SYF) ?
    Insider Monkey

    Did Hedge Funds Make The Right Call On Synchrony Financial (SYF) ?

    We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not […]

  • Amazon’s Kuiper Satellite Plan Wins Backing of FCC Chair
    Bloomberg

    Amazon’s Kuiper Satellite Plan Wins Backing of FCC Chair

    (Bloomberg) -- Amazon.com’s plan for a fleet of 3,236 communications satellites won the backing of the U.S. Federal Communications Commission chairman, who said he had asked fellow commissioners to approve the venture.“Satellite constellations like this aim to provide high-speed broadband service to consumers in the U.S. and around the world,” Ajit Pai said in a tweet on Friday. Pai added that he had called for conditions on the proposed service by Amazon subsidiary Kuiper Systems without specifying them.Pai’s request is likely to result in approval in closed-door voting at the agency, where he leads a Republican majority.Amazon founder Jeff Bezos wants to launch the small satellites in low orbits to provide internet coverage. Separately, Space Exploration Technologies Corp., or SpaceX, has launched more than 480 of a planned 12,000 satellites; in October 2019, the company founded by Elon Musk sought permission for 30,000 more.The FCC coordinates coordinates trajectories and radio-frequency use.Amazon last year called Kuiper “a long-term project that envisions serving tens of millions of people who lack basic access to broadband internet.”“There are still too many communities where internet access is unreliable or prohibitively expensive” and Project Kuiper will help close that gap, Dave Limp, Amazon senior vice president for devices and services, said in an emailed message. “We appreciate that Chairman Pai shares our commitment to the issue.”(Updates with comment from Amazon in final paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Did Hedge Funds Make The Right Call On Vail Resorts, Inc. (MTN) ?
    Insider Monkey

    Did Hedge Funds Make The Right Call On Vail Resorts, Inc. (MTN) ?

    Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the first quarter. You can find articles about an individual hedge fund's trades on numerous financial […]

  • Did Hedge Funds Make The Right Call On NCR Corporation (NCR) ?
    Insider Monkey

    Did Hedge Funds Make The Right Call On NCR Corporation (NCR) ?

    At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […]

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