30 May, 2017 by The TZ Newswire Staff Comments Off on Lions Gate Earnings: The Starz Align
Lions Gate Earnings: The Starz Align
Lions Gate Entertainment Corp. (NYSE: LGF-A) (NYSE: LGF-B) reported its first full quarter since closing its acquisition of Starz, the premium cable television operator. The resulting diversity in operations should deliver more stability for the combined company. The addition of the cable operator provides consistent subscriber-based revenue that will help offset the volatility and seasonality associated with Lions Gate’s box office business, and provide additional scale for the movie and television studio.
30 May, 2017 by The TZ Newswire Staff Comments Off on Why Xactly Corp. Stock Popped Today
Why Xactly Corp. Stock Popped Today
Shares of Xactly Corp. (NYSE: XTLY) jumped 16% on Tuesday, after the cloud-based enterprise incentive compensation solutions company agreed to be acquired.
More specifically, Xactly has entered into an agreement to be acquired by private-equity firm Vista Equity Partners for $15.65 per share in a deal worth roughly $564 million. That’s a 17% premium to Xactly’s closing price last Friday, and a 31% premium to its three-month volume-weighted average closing price.
IMAGE SOURCE: XACTLY CORP.
30 May, 2017 by The TZ Newswire Staff Comments Off on Electric Cars Are The Story Now, but Battery Power Is the Future for Tesla Inc.
Electric Cars Are The Story Now, but Battery Power Is the Future for Tesla Inc.
You know Tesla (NASDAQ: TSLA) as a builder of electric cars. But that’s not necessarily what the company is about in the long run.
The electric car thing has become a temporary stop on a longer and much more ambitious journey, as Tesla’s mission has since expanded beyond just sustainable transportation. Tesla CEO Elon Musk wants to change the world, and that includes getting people used to replacing gas-powered vehicles with electric cars.
The Model X car is a good example of Tesla’s public image so far. Image source: Tesla.
30 May, 2017 by The TZ Newswire Staff Comments Off on "They’re Coming Here To Peddle Hate Speech": Portland Mayor Asks Feds To Pull Permit For Pro-Trump Rally
"They’re Coming Here To Peddle Hate Speech": Portland Mayor Asks Feds To Pull Permit For Pro-Trump Rally
Three days after a known white supremacist killed two men and wounded a third on a Portland commuter train, the city’s mayor is asking the federal government to revoke permits for two pro-Trump rallies planned at the federally-controlled Terry Schrunk Plaza because, apparently, in the far-left bastion that is Portland, Ore., voicing support for President Trump qualifies as hate speech.
“My concern is they’re coming here to peddle a message of hatred and bigotry,” Wheeler said in a news conference Monday.
30 May, 2017 by The TZ Newswire Staff Comments Off on Orchard X: Secondary Market for Online Loans Delayed Due to Regulatory Hurdles
Orchard X: Secondary Market for Online Loans Delayed Due to Regulatory Hurdles
Orchard X, the secondary trading platform being created by Orchard platform, received coverage from NYTimes.com yesterday shedding some light on the delayed launch. The electronic trading platform for online lending assets was announced in April 2016 but since that date little has been said about a… Read More
30 May, 2017 by The TZ Newswire Staff Comments Off on Snap may be able to fight Facebook with help from Bitmoji, analyst says
Snap may be able to fight Facebook with help from Bitmoji, analyst says
Snap Inc.
30 May, 2017 by The TZ Newswire Staff Comments Off on Which Company Is the Best Payment Processing Stock?
Which Company Is the Best Payment Processing Stock?
American consumers love their cards. In Total System Services‘ 2016 U.S. Consumer Payment Study, credit was named the most preferred way to pay for the first time in the study’s history (in a close second came debit cards). Between the two types of payments, 75% of those surveyed chose credit or debit cards as their preferred method of payment.