Yahoo finance API is not available right now, please try again soon...
Oct 31


Breaking Up...

Rival wireless carriers Sprint and T-Mobile have ended their merger talks after failing to agree on which side would have majority ownership of the combined company. SoftBank-owned Spirnt and Deutsche Telekom-backed T-Mobile had been involved in extended active talks about a stock-for-stock merger that would have left Deutsche Telekom as the majority owner of both carriers. Last week SoftBank’s board met and reversed their position, determine they wanted majority control. T-Mobile didn’t like that idea very much and on Monday its board decided to call off the talks. The two companies have walked down the merger road before, in 2014 the two companies tried to merger but the $32 billion transaction collapsed amid antitrust concerns.

Home Sweet Home

Home Builder Lennar Corp. has agreed to buy CalAtlantic Group for $5.7 billion in a move that will create the country’s large home builder by revenue. The move marks the largest merger of home builders since the financial crisis, a milestone for the recovery of an industry that was hit hard by the housing collapse. The addition of CalAtlantic Group will increase Lennar’s presence in the housing markets it already operates in and will allow the company to move into the top three home builders in 24 of the top 30 markets in the country.


Asia: Asian markets closed flat on Tuesday as investors digested the Bank of Japan’s rate decision and release of China’s Purchasing Manager’s Index.

Europe: European shares closed mixed Monday, as investor reacted to the latest corporate earnings.

U.S: U.S markets closed lower after the Republican’s announced their new corporate tax reform plan would be put into place in stages. DJIA: -85.45 23348.74 Nasdaq: -.2.30 6698. 96 S&P -8.24 2572. 83

Word of The Day:


The collection of stocks, bonds, cash, mutual funds, ETFs, and other investments that an investor owns.

Dinner or Drink:


  • 1 part Aged Light Rum
  • 1 part Aged Dark Rum
  • 1 part 151 Rum
  • 1-part Apricot Liqueur
  • 3 parts Orange Juice
  • 1 dash Lime Bitters
  • Orange Peel
  • Cherries
  • Combine light rum, dark rum, apricot liqueur, orange juice and bitters in a cocktail shaker with ice. Strain into a large glass filled with ice. Top with the shot of Cruzan® 151, then garnish with the orange peel and cherries.
  • Garnish: Peel orange rind and lay flat on surface. Take circle cookie cutter and cut circle space out of the peel. Use paring knife to cut mini circles for eyes, nose and jaw of skeleton garnish.

Happy Halloween!!!






Oct 27



General Electric is looking to exit the railroad business, one of its oldest, in an effort to streamline the conglomerate.  Although, GE is the world largest maker of freight locomotives its business is cyclical and has been suffering from a lack of demand. The Boston-based business is now looking to partner, spin off or possibly sell the unit. If the company sells off the division it would cause a huge tax hit since GE has owned the business for a century and it is valued so low on the company’s books.  GE is also seeking to sell its health care information -technology business, Centricity.

We want you

Drugstore chain CVS is in talks to buy insurance company Aetna in a deal that could value the company at upward of $66 billion. According to sources CVS health has made a formal proposal to buy Aetna for more than $200 a share, well over the $160.62 price the shares traded at on Thursday. Talks between the two companies have been going on for about six months and the company’s respective chief executives have met on multiple occasions. CVS’s eagerness to buy the health insurer highlights the increasingly close ties between insurers and pharmacy benefits, as the cost and complexity of medications has continued to rise. Aetna and CVS has been partners since 2010 when the health insurer signed a contract in 2010 for the CVS to provide pharmacy-benefit services to the insurer.


Asia: Asian markets closed mostly higher on Friday after a positive handoff from Wall Street.

Europe: European markets closed higher on Thursday after the ECB announced it plans to extend but reduce its bond buying program.

U.S: U.S. markets closed mostly higher on Thursday as several companies reported upbeat earnings and the ECB announced it would unveiled plans to scale down its bond-buying program. DJIA: +71.40 23,400.86 NASDAQ: -7.152 6556.77 S&P: +3.25 2560.40

Word of The Day:

Private Placement

A sale of securities to a relatively small number of select investors, like large banks, mutual funds, or insurance companies, as a way of raising capital.

Dinner or Drink:

Halloween Havoc

750 ml peach vodka
750 ml Everclear® alcohol
64 oz. Red Bull® energy drink
2 Mountain Dew® citrus soda
1 Mr & Mrs T Mai Tai Mix

Mix and serve in Home Depot bucket.

Like our drink, click here for more.
Have a safe and wonderful weekend, Ya’ll!

Oct 26


Come On In…. wants to open the door to your home, literally. The company unveiled its latest product on Wednesday called Amazon Key. Amazon Key will all consumers to control and monitor deliveries and other services remotely. The system will connect a customer’s door lock with a security camera system to let package carriers or guests in and out of the customers house, all for $249.99. Amazon’s new gadget could help customers combat thefts of packages from their front porch.  Currently, the system will only allow home delivers from Amazon’s delivery network inside customer’s homes.  The service will begin on November 8 in 37 cities nationwide. It remains to be seen if customers are ready to open their doors to strangers.


The world’s largest restaurant chain, McDonald’s Corp, will launch a new value-priced menu nationally next year. The rollout will provide a replacement of McDonald’s original value menu. The lineup will offer items for $1, $2, and $3. Almost 100 percent of franchisees have signed up to participate in the new value program. The stakes are high for the restaurants chain to get it right. Competitors of the company like Burger King and Wendy, have heavily promoted their discount menu and their bottom lines show it.


Asia: Asian markets closed mostly flat on Thursday morning following a soft handoff from the U.S. and ahead of the European Central Bank’s rate decision.

Europe: European markets closed lower on Corporate earnings and ahead of Thursday’s ECB rate decision.

U.S: U.S. shares closed down on Wednesday as a batch of Corporate earnings disappointed investors. DJIA -112.30 23329.46 NASDAQ: -34.54 6563.89 S&P: -11.98 2557.15

Word of The Day:

Blue Chip Stock

A nationally recognized, well-established, and financially sound company. Blue Chip companies generally sell high-quality, widely accepted products and services. They are known to weather downturns and operate profitably in the face of adverse economic conditions, which help to contribute to their long record of stable and reliable growth.

Dinner or Drink:

Slow and Steady

  • 1 1/2 parts 9 Spiced Rum
  • 1/2-part Galliano® Liqueur
  • 6 parts Cola
  • Lemon Wedges

Build over ice in a tall highball glass. Garnish with a lemon wedge.



Oct 25



Sears Holdings is cutting its century-old ties with Whirlpool. The retailer will no longer sell Whirlpool products, including Maytag, KitchenAiid, and Jenn-Air subsidiaries. Sears will continue to sell Whirlpool products in their facilities until their inventory is depleted. According to Sears, Whirlpool price demands makes it impossible for the chain to sell products to customers at a reasonable price. Shares of Whirlpool closed $19.24 in Tuesday trading.


Caterpillar Inc., maker of earth moving equipment reported better than expected quarterly earnings and raised it sales and profit forecast for the year. The world’s largest producer of bulldozers, excavators, and other earth-moving machinery experienced widespread improvement in third quarter sales. Slow-growing economies over the last several years had the company sales in a yearlong slump.  Dealers in the third-quarter stepped up their inventories to restock inventories in response to rising demand, especially from an improving oil and natural-gas industry in North America and for large excavators in China. Shares of Caterpillar gained more than 5% on Tuesday to close at a record $138.24.


Asia:  Asian markets closed higher on Wednesday as the Australian dollar fell to its lowest levels in three months.

Europe: European markets closed mixed on Tuesday as investor continue to juggle the latest corporate earnings and Spain’s constitutional crisis.

U.S: U.S markets closed higher on Wednesday lifted by better than expected earnings results from Caterpillar and 3M. DJIA: +167.80 23441.76 Nasdaq: +11.60 6598.43 S&P: +4.15 2569.13

Word of The Day:

Short Selling:

The sale of a security which is not owned by the seller, or that the seller has borrowed. Short selling is usually motivated by the speculative belief the security’s price will decline. This decline potentially enables the seller to buy the security back at a lower price and make a profit. The risk of losses on short sales are endless therefore, it can be extremely risky.

Dinner or Drink:

Sweater Weather Swirl

  • 1 part Cinnabon® Vodka
  • 2 parts Coffee
  • Cinnamon, Ground
  • Whipped Cream

Serve hot or cold in a mug. Garnish with whipped cream and cinnamon.


Oct 23


Jumping Ship

On Friday Hudson Bay Company, announced its CEO, Jerry Stoch, will step down before the lucrative holiday season and join his advisory firm Stoch Advisors. Hudson Bay Company is the parent company to big box retailers Saks Fifth Ave and Lord & Taylor. Hudson Bay’s executive chairman Richard Baker will serve as interim CEO until an executive search can find a new CEO. Stoch’s departure comes as the traditional department store sector has struggled with losses in sales and dwindling stock prices.  Hudson Bay’s stock dropped to a new five-year low in June and has lost roughly 30 percent of its value over the last five years. Over the summer the company announced a restructuring effort that included cutting 2,000 jobs across North America. Hudson Bay, like its rival Nordstrom, has been considering the option of raising enough funds to take the company private to help escape the public market spotlight. Those efforts according to new intermedium CEO, is a log shot given the difficulty the leveraged retailer has experience over the last two years.

Pay Up

Hartford Financial Service Group, parent company of Hartford Insurance Company, has agreed to pay $1.45 billion to health care company Aetna for one of its units that provides life, disability-income, and other insurance products to employer’s benefits programs in the United States. The acquisitions will nearly double Hartford’s current employer benefits business and make it one of the top two players. Hartford’s focus will remain with its bread and butter, property and casualty insurance.


Asia: Asian markets closed higher on Monday after Japan’s Prime Minister Abe and his ruling coalition won a two-thirds super majority over the weekend.

Europe:  European markets closed mixed on Friday as investors juggled corporate earnings and continued political developments in the region.

U.S: U.S. markets closed out the week higher after the Senate passed a budget bill that moves the U.S. one step closure to major tax reform. DJIA: +165.59 23,328.63 NASDAQ: +23.99 6629.05 S&P: +13.11 2575.21

Word of The Day:

Return on Investment (ROI)

ROI measures the amount of return on an investment relative to the investments costs.

Dinner or Drink:

Spooky Juice

1 oz. Absolut® vodka
2 dashes Blue Curacao liqueur
1 dash grenadine syrup
fill with orange juice

Stir together with ice.

Like our drink today, click here for more.






Oct 20


Upping Our Game...

Discount retailer Wal-Mart Stores (WMT) is near a deal to add Lord & Taylor merchandise to its website in an effort to build an online shopping destination that can compete with Amazon. Wal-Mart, is seeking to ramp up its digital presences after years of sluggish growth, wanting to turn from a discount platform to an online mall that will feature higher-end brands. For Lord & Taylor the alliance could bring a boost to web traffic as more fewer shoppers are visiting traditional department stores. Eventually other brands could be included in the project including men’s clothing company Bonobos and online retailer, both owned by Wal-Mart, as well as other traditional chains.


Target Corp is accelerating its plan to remodel stores and push into more city centers, in a bid to regain market share and fend off competitors like Wal-Mart Stores and Amazon. The retailer plans to revamp an additional 1,000 locations by the end of 2020. The Minneapolis-based company had previously announced it would remodel 600 stores by 2029. The company will also open a dozen smaller stores in major cities like New York, Los Angeles, Chicago, and Philadelphia.  11 of the small-format stores will open this week and the company plans to open 130 more nationwide by the end of 2019. These smaller stores will offer Target’s Restock program which allows customers to have essential like toothpaste delivered the next day for a fee. Also, coming in November a new store brand called Heath & Hand, a new home-décor line designed in collaboration with Chip and Joanna Gains.


Asia: Asian shares closed out the week higher following a positive hand off from Wall Street.

Europe: European markets closed lower on Thursday after a mixed bag of earnings and the situation in Catalonia escalated.

U.S: U.S. markets closed slightly higher on Thursday led by defensive stocks who offset declines in shares of Apple. DJIA: +5.44 23,163.04 Nasdaq: -19.15 6605.07

Word of The Day:

Market Maker

A broker-dealer firm that holds a certain number of shares of a security in order to facilitate trading of that security. Market makers compete for customer order flow by displaying buy and sell prices for a guaranteed number of shares. Once an order is received, the market maker immediately sells from its own inventory or seeks an offsetting order from another maker. All of this happens daily in mere seconds.

Dinner or Drink:

Kentucky Mulled Cider

1¼ parts Bourbon

Apple Cider, Hot

Dash Allspice

Garnish Cinnamon Stick

Garnish Lemon, Sliced

Add Bourbon to a footed mug. Fill mug with hot apple cider and the dash of allspice. Garnish with a tall cinnamon stick and lemon slice.

Have a safe and wonderful weekend, Ya’ll!



Oct 18


You’ve Got Mail… Inc. (AMZN) is taking over the package rooms of some of the country’s largest apartment landlords, in a move that could help consolidate its control over how goods make it from the warehouse floor to the front door. The e-commerce company has signed contracts with some of the largest apartment operators and managers representing more than 850,000 units nationwide, to begin installing Amazon locker systems in their buildings. Amazon has committed to install the lockers at some of properties before the peak holiday shopping season.


J.P. Morgan Chase announced it will buy payment processing company WePay Inc in the bank’s first sizeable financial technology startup acquisition.  WePay, which employs around 200, helps online crowdfunding websites and online marketplaces process payments. J.P. Morgan Chase plans to roll out WePay to its small business customers. Terms of the deal were not released however, people in the know speculate the price was around the $220 million valuation We-Pay achieved in a 2015 fundraising effort.


Asia: Asian shares closed mostly flat as investors cautiously watched China’s Party Congress for signs on future policy direction for the world’s second-largest economy.

Europe: European markets closed lower on Tuesday as investors monitored political developments in the Eurozone.

U.S: US shares closed higher on Tuesday lead by a rally in health care stocks after a bill was reported to be on the horizon that will give insurers back their Obamacare subsides. DJIA: + 40.48 22997.44 Nasdaq: – 0.35 6623.66 S&P 500: + 1.72 2559.36

Word of The Day:


The highest possible rating assigned to an issuer’s bonds by credit rating agencies.

Dinner or Drink:

Boozy Pumpkin Milkshake

  • 1 1/2 partsAmaretto Liqueur
  • 1 1/2 parts Original
  • 1/2 can Pumpkin Puree
  • 2 scoops Ice Cream
  • 1 dash Vanilla Extract

Add all ingredients to a blender. Blend until smooth and serve

Like our drink, click here for more.

Oct 17



Ruby Tuesday (RT) announced it is being purchased by a fund managed by private equity firm NRD Capital for $146 million. The deal includes the acquisitions of all Ruby Tuesday’s stock in cash at a price of $2.40 a share, a 21 percent premium over Friday’s closing share price. The restaurant chain has been going through a rocky period. Late last year the CEO resigned after five years of declining sales at established restaurants. The chain also closed 95 locations while Ruby Tuesday has been updating its menu to meet the changing healthier taste of customers. NRD sees Ruby Tuesday’s pivot to fresher ingredients as potentially lucrative.


The Nordstrom family group, which owns 31.2 percent of the 116-year-old retailer, advised the department store’s board they will suspend efforts to take the retailer private for the rest of this year after financing efforts failed. The family does have plans to resume the effort after the holidays. In June, the family announced it was looking to take the department store private and appointed an independent special committee to evaluate the offer. The retailer was hoping a private company would be able to make investments that would help it adapt to the changing retail landscape without worrying about short-term shareholder reactions.  Shares of Nordstrom shares were down more than 6 percent on Monday following release of the news.


Asia: Asian markets closed higher on Tuesday as oil prices rallied.

Europe:  European markets closed mostly flat on Monday as Spanish stocks remain under pressure as political uncertainty drags on.

U.S: U.S. markets closed higher on Monday led by a rally in financial stocks. DJIA: +85.24 22,956.96 NASDAQ: +18.20 6624.00 S&P: +4.47 2,557.64

Word of The Day:

Exchange Traded Funds (ETF)

A security that tracks an index, a commodity or a basket of assets like an index fund, however it trades like a stock on an exchange. ETFs experience price changes throughout the day as they are bought and sold just like their BFF, stocks

Dinner or Drink:

Bourbon Cider Sour

  • 2-part Bourbon
  • 3 parts cold Apple Cider
  • 1 1/2 parts Orange Juice
  • 3/4-part Simple Syrup
  • Apple Slices

Combine the bourbon, apple cider, orange juice, and simple syrup. Stir. Serve over ice with an apple slice.

Like our drink today, click here for more

Oct 16


Learning is Fun

Google announced a new program where it will spend over $1 billion on nonprofit organizations over the next five years in an effort to help raise education levels around the world. The company has also committed its employees to a million hours of volunteer work doing the same. The new program called Grow with Google is aimed at training Americans how to get jobs or build businesses. The new program also partners Google with online education companies like Udacity and Coursera as well as charitable organizations like Goodwill and 4-H.

Serving You

Food services company Aramark announced on Monday it will buy Avendra, hotel procurement and hospitality supplies company, for $1.35 billion. 55 percent of Avendra is owned by hotel giant Marriot and the hotel chain will receive around $650 million from the sale. Aramark also announced it will purchase uniform rental and linen supply company AmeriPride Services for $1 billion dollar. Aramark expected cost synergies of around $40 million.


Asia: Asian markets closed higher on Monday as investors digested the release of China inflation data.

Europe: European markets closed out the week on a high note lead by a rally in commodities.

U.S: U.S stocks closed higher on Friday as investors bet on another strong earnings season. DJIA: +30.71 22871.22 Nasdaq: +14.29 6605.80 S&P: +2.24 2553.17

Word of The Day:

Preferred Stock

A class of stock issued by a company which typically pays a fixed dividend however, they do not have voting rights. In the event of a company bankruptcy’s preferred stock.

Dinner or Drink:


  • 1 part Aged Light Rum
  • 1 part Aged Dark Rum
  • 1 part 151 Rum
  • 1-part Apricot Liqueur
  • 3 parts Orange Juice
  • 1 dash Lime Bitters
  • Orange Peel
  • Cherries

Combine light rum, dark rum, apricot liqueur, orange juice and bitters in a cocktail shaker with ice. Strain into a large glass filled with ice. Top with the shot of Cruzan® 151, then garnish with the orange peel and cherries.

Garnish: Peel orange rind and lay flat on surface. Take circle cookie cutter and cut circle space out of the peel. Use paring knife to cut mini circles for eyes, nose and jaw of skeleton garnish.




Oct 13


No, not again...

On Thursday, Equifax took down one of its website as a precaution against another security breach after customers reported a potential compromise of the site.

According to the company its systems were not compromised in the latest potential cyberbreach scare to hit the firm. Early on Thursday, Equifax announced its security teams were looking into another possible breach and had taken down the website as a precaution. The problem stemmed from code used by a third-party vendor that the company uses to collect website performance data was serving malicious content. Since learning of the issue, the vendor’s code was removed and everything is back to normal. Shares of the credit reporting company sank on Thursday closing down $1.69 to $108.81.

Flying High…

Southwest Airlines officially announced it will be launching new service to Hawaii. The carrier would like to start selling tickets next year however, it still needs to secure FAA approval to operate between the mainland and Hawaii. Company officials plan to announce more specific routes at a later date, but did drop a hint that flights will begin on the West Coast, with the first flights from California.


Asia:  Asian markets closed higher on Friday as investors digested China trade data.

Europe:  European shares ended mostly higher Thursday, as investors digested the latest news surrounding Brexit, while keeping a close eye on comments from central bankers.

U.S: U.S. markets closed lower on Thursday as investors digested earnings from top financial companies.  DJIA: -31.88 22,841.01 NASDAQ: -12.04 6,591.51 S&P: -4.31 2,550.93

Word of The Day:


A financial institution that holds customers’ securities and money, usually electronically, for safekeeping to minimize the risk of their theft.

Dinner or Drink:

Candy Corn Margarita

  • 6 parts Sauza® Blue Silver 100% Agave Tequila
  • 1 can Frozen Limeade
  • 3 parts DeKuyper® Triple Sec Liqueur
  • 8 parts Orange Soda
  • 8 parts Light Beer
  • Candy Corn

In a pitcher combine all ingredients. Chill and serve on a plate filled with Candy Corn.

Like our recipe, click here for more.

Have a safe and wonderful weekend, Ya’ll!

Oct 12


For Sale…

On Wednesday, Kroger announced during its annual investor meeting it will explore strategic alternatives including a sale, with the help of Goldman Sachs, for its convenience store business. Kroger operates more than 780 convenience stores across 18 states. In addition to convenience stores and supermarkets centers, Kroger also operates a slew of jewelry stores, retail health clinics and pharmacies. Also, at the event the grocery store chain also laid out its Restock plan, which consists of heavy capital investment, $9 billion over the next three years, coupled with cost savings in certain business segments. All to compete with chains like Target and Walmart.

Name Change...

The parent company of leather handbag maker Coach, announced it will change its name to Tapestry Inc to reflect the company’s broader brand umbrella. The New York- based luxury company, acquired Kate Spade last summer for $2.4 billion, along with shoe and accessory company Stuart Weitzman in May 2015 for $574 million. As the company becomes a collective house of high-end products, all the brands will retain their individual names, including Coach handbags and accessories.


Asia: Asian markets closed higher on Thursday after another record close on Wall Street.

Europe: European markets closed mixed on Wedsenday as investors continued to monitor ongoing political uncertainty.

U.S: U.S. markets closed higher on Wednesday after the Federal Reserve minutes showed the committee thinks the economy is strong enough to withstand another rate hike in December.

Word of The Day:


The highest possible rating assigned to bond issuer by credit rating agencies. It signifies the issues has an exceptional degree of creditworthiness and can easily meet its financial commitments.

Dinner or Drink:

Red October

Bacardi® gold rum
Arbor Mist Passion wine
cranberry juice

Mix about 6-8 oz. of Bacardi gold, 8 oz. of Arbor Mist, and 8 oz. of Cranberry together in a shaker over ice…shake and pour into cocktail glasses…enjoy!

Oct 10


Surprise Surprise...

Shares of General Electric tumbled 4 percent on Monday after several senior management and boards changes, including Friday’s surprise retirement of its chief financial officers. On Monday, GE announce Edward Garden of the activist hedge fund Trian Partners will take the seat occupied by former Deere & Co CEO Robert Lane who retired from GE’s board after 12 years. GE also announced CFO Jeff Bornstein, who will be succeeded by Jamie Miller, CEO of GE transportation division.  This followed the announcement last week that Jeffrey Immelt would retire two months early,


Dunkin’ Donuts is testing out a less is more strategy in 1,000 U.S stores. The streamlined stores will sell a minimum of 18 core donuts varieties down from around 30 varieties. If the test work, the company plans on rolling down a pare down selection nationwide. The revamped menu comes as the company takes on competition like Starbucks. According to the company limiting doughnuts options will provide a more consistent experience from store to store. Also, as part of the company’s new strategy, it is testing out a new name “Dunkin” dropping off the doughnuts part in stores in Pasadena.


Asia: Asian markets closed slightly higher on Tuesday as investors shook off Monday’s soft close from Wall Street.

Europe: European stocks closed mostly higher on Monday, as investors took note of individual stock news, while keeping a careful eye on the global economic and political picture.

U.S: U.S. markets closed lower on Monday on light trading thanks to the Columbus Day Holiday. DJIA: -12.60 22,761.07 S&P: -4.60 2,544.73 NASDAQ: -10.45 6579.73

Word of The Day:

EAFE Index

An index created by Morgan Stanley Capital International made up of 21 major European indexes. The index serves as a benchmark of performance for major international equity markets. As the S&P 500 is used as the benchmark to gauge American stocks, EAFE is used to gauge International stocks.

Dinner or Drink:

Funky Cold Medina

1 oz Absolut® vodka
1 oz. Southern Comfort® peach liqueur
1 oz Blue Curacao liqueur
top with cranberry juice

Pour over ice and top off with cranberry juice.

Oct 6


Jobs, Jobs, Jobs...

The Department of Labor released its monthly jobs report on Friday. According to the report the overall economy dropped by 33,000 jobs in September as Hurricane Harvey and Irma took their toll on workers. The number was well below analyst estimates of 85,000. The unemployment rate is at 4.2%,

Now Testing. Inc. is experimenting with a new delivery system intended to make more products available for free two-day delivery and relieving overcrowding in the company’s warehouse. Amazon will oversee the pickup of packages from warehouses of third-party merchants selling goods on and the delivery of the goods to customer’s home. The company will continue to use UPS and FedEx for its packages however, instead of the seller deciding how it is sent to the customer, Amazon will. The company started the service over two years ago in India and has been slowly marketing it to U.S merchants in preparation for a national expansion. The service will begin on a trial basis this year on the West coast states with a broader rollout planned in 2018. News of Amazon’s new plan sent shares of UPS and FedEx tumbling on Thursday.

Price Increase...

Netflix is squeezing a bit more out of its customers. The streaming services is raising the prices on its standard and premium steaming subscription services. The standard service which allows customers to steam shows and movie in HD on up to two devices, will set customers back $10.99, up from $9.99. Netflix’s premium service, which provides viewing on up to four screens now costs $13.99 up from $11.99. The basic service, which enables Netflix streaming on one screen and doesn’t allow for HD or ultra HD viewing will remain at $7.99. Netflix will start notifying current users of the new prices based on their billing cycle and customers will get a 30-day notice before the charges take effect. Price increases took effect Thursday for new customers.


Asia: Asian markets closed out the week higher as investors get ready for the U.S. nonfarm payroll data due out Friday morning.

Europe:  European shares closed slightly higher on Thursday as investors monitored political events and remain cautious ahead of key data releases.

U.S:  U.S markets closed higher on Thursday as investors basked in the glory of possible tax reform. DJIA: +113.75 22,775.39 NASDAQ: +50.73 6585.36 S&P: +14.33 2552.07

Word of The Day:


Money or benefits that were distributed and then taken back because of special circumstances.

Dinner or Drink:

Spooky Juice

1 oz. Absolut® vodka
2 dashes Blue Curacao liqueur
1 dash grenadine syrup
fill with orange juice

Stir together with ice.

Have a safe and wonderful weekend, Ya’ll!


Oct 5


Now Hiring…

On Wednesday, private payroll provider ADP released its monthly jobs report. According to the report the private sector added 135,000 jobs beating analyst expectations of 125,000.

Phone Home...

Google launched its answer to Apple’s iPhone 8, iPhone X, and Samsung’s Galaxy on Wednesday. The new Pixel 2 phones will be water-resistant, squeezable edges, and vastly improved camera’s. The Pixel 2 XL will have sport a larger screen than its predecessor at 6 inches.  The release comes just in time for the holiday shopping rush.

Cost Cutting.

Ford Motor Co.’s new CEO plans to cut $14 billion in costs, drop some car models, and focus the company’s resources on trucks, SUV’s and eclectic vehicles. In a meeting with 100 of the company’s investors in New York Jim Hackett, Ford’s new CEO, laid out his plan to turn the company into a lean mean fightin machine. Hackett told investors he expects to reduce material costs by $10 billion by 2022 through new deals with suppliers and simpler designs. The company will also cut $4 billion in engineering costs through 202 by making fewer prototypes and reducing product-development time. Ford plans to introduce 13 new electrics and hybrids over the next five years, including a small electric SUV coming in2020.  The company will start to eliminate cars from their line up but did not announce specific.


Asia: Asian markets closed mixed on Thursday as economic data had investors feeling a bit down.

Europe: European markets fell as the crisis in Catalonia spread from Madrid and Spanish banks to the wider industry and Eurozone regions.

U.S: U.S markets closed higher on Wednesday as fresh economic data had investors feeling more secure about the future. DJIA: +19.97 22,661.64 Nasdaq: +2.91 6534.63 S&P: +3.16

Word of The Day:

Stock Splits

An action in which a company divides its existing shares into multiple shares. The most common split ratios are 2-for-1 or 3- for -1, meaning shareholders would receive two or three shares for each share originally held.

Dinner or Drink:

Cable Car

1/2 oz. Orange Curacao liqueur
1 oz. Captain Morgan® Original spiced rum
1/2 oz. lime juice
1/2 oz. sweet and sour mix

Combine everything in a cocktail shaker with ice. Shake well and strain into a chilled cocktail glass.

Oct 3



Nordstrom family members are struggling to piece together the financing to support their attempt to take the department store private. The Nordstrom family, who still own the majority stake of the company’s stock, have been trying to provide the equity financing on the deal but bank support. Banks have become skittish to loan to anyone in the retail sector as the landscape continues to worsen. The longer the deal takes to get signed, the closers the banks run into the unpredictable holiday retail season, which can make it harder to put together a deal.


Fait Chrysler is recalling nearly 50,000 small SUV’s worldwide due to their engines stalling while being driven. The recall covers model year 2016 Dodge Journey and Jeep Compass and Patriot. According to the company a sensor connector in the engine can malfunction and cause the SUV to either stall or fail to start. So far, no crashes or injuries have been reported due to the problem. Dealers will replace the sensor connector for the crankshaft and camshaft for free to effected customers.


Asia:  Asian markets traded mixed on Tuesday despite a positive hand off from Wall Street.

Europe: European markets closed lower on Monday after violence surround Catalonia’s independence referendum filled political worries.

U.S: U.S. markets closed higher on Monday after fresh economic data bolstered investors belief in a resilient U.S. economy.  DJIA: +152.51 22,557.60 NASDAQ: +20.76 6516.72 S&P: +9.76 2529.12

Word of The Day:

Durable Goods

Consumer goods, such as consumer electronics, toy makers, small tool manufacturer, and jewelry, which do not have to be purchased frequently.

Dinner or Drink:

Bacon S’mores

24 slices HORMEL® BLACK LABEL® Brown Sugar bacon
4 graham crackers, broken in half (8 squares)
1 (1.55-ounce) milk chocolate bar, quartered
4 marshmallows, toasted


Heat oven to 400°F.  Cut each bacon slice in half.  On flat surface, arrange 2 bacon half-slices side-by-side. Weave 2 bacon half-slices in opposite direction.  Very carefully lift bacon lattice to large rimmed baking pan. Repeat with remaining bacon.  Bake 15 to 20 minutes or until crisp.  Remove from baking pan and drain. For each s’more, layer 1 graham square, 1 bacon square, 1 chocolate quarter, 1 bacon square, 1 toasted marshmallow, 1 bacon square and 1 graham square.  Serves 4.


Like our recipe today, click here for more.


Oct 2


Uniquely J….

Walmart owned is launching a new high end private grocery line brand called, Uniquely J. The new line will focus on the needs of younger customers in urban areas. Uniquely J will include select coffee, olive oil, paper towels and other products. Walmart purchased Jet. Com earlier this year as a way to tap into the millennial segment of the population, which have not traditionally shopped at Walmart or their stores. Jet. Com sells products including clothing, gadgets, and home furnishing along with  niche brands like ModCloth and Bonnbos.  Private label products offer high profit margins to companies as they can control sourcing of products and therefore the costs. The creation of the new line is part of an overall strategy by Marc Lore, head of Walmart’s U.S. e-commerce and founder, to help the startup set itself apart from its competition and make it more upscale.


On Friday, Whole Foods announced the company is investigating a breach of its credit card systems at certain locations. In a statement, the company said locations that offer taprooms and full table service restaurants so far are the only stores effected. The company’s primary checkout systems for the retail only stores were not involved in the breach. The company is advising customers to check their credit card statement for unauthorized changers. Whole Foods did not say how many customers were effected., parent company of customers were not affected by the breach.


Asia: Asian markets closed mostly higher on Monday after the Tankan survey showed business confidence among large manufacturers in Japan improved in the last three months.

Europe:  European markets closed higher on the final trading day of September helped by a weakening euro.

U.S: U.S shares closed higher on Friday as investors continued to bask in the sunshine of the GOP’s tax plan. DJIA: +23.89 22,405.09 S&P: +9.30 2519.36 NASDAQ: +42.50 6495.96

Word of The Day:

Law of Supply

A microeconomic law that states, all other factors being equal, as the prices of goods or services increase, the quantity of goods and services suppliers offer will increase, and vice versa.

Dinner or Drink:

Spice Apple Cider

  • 1 1/2 parts Cruzan® Aged Dark Rum
  • 1-part Simple Syrup
  • 3/4 parts fresh Lemon Juice
  • 1-part Cider
  • Cinnamon
  • Allspice

Combine ingredients in a glass and serve over ice. Garnish with freshly grated cinnamon and allspice.

Oct 1


Chip Away

Troubled chip maker Toshiba has agreed to sell 60% of its computer memory chip business for $18 billion to a consortium which includes private equity group Bain Capital, Apple, and Dell Technologies Capital. Toshiba has staked its future on the sale, using the proceeds to help repair the financial damage from its purchase of Westinghouse Electric Company. The deal is set to be completed in the spring of 2018.

New Kid In Town

Kellogg’s (K) has named Steven Cahillane, an executive from the Nature’s Bounty Co as its new CEO. Cahillane will start his new gig next week and will join the company’s board. Current CEO John Bryant will remain executive chairmen of the board until March and then Cahilllane will official take over solo in his new role. Kellogg has struggled to make its cereals and snacks more appealing to customers who are increasingly seeking to avoid processed foods. Revenue for the maker of brands such as Eggo waffles, Rice Krispies and Frosted Flakes, has fallen every year since 2013. Kellogg, like its competitors have been trying to cut cost and come up with new products to lure customers their way. Shares of Kellogg closed down on Thursday.


Asia: Asian shares finished out the quarter mostly on a positive note after investors digested a raft of data from Japan.

Europe: European shares closed higher on Thursday as Mergers and Acquisitions put investors in a buying kinda mind.

U.S: U.S. stocks closed higher on Thursday as investors remained encouraged over the GOP tax reform. DJIA: +40.49 22,381.20 Nasdaq: +0.19 6453.45 S&P: +3.02 2510.06

Word of The Day:

Capital Structure

How a firm finances overall operations and growth by using different sources of funds.

Dinner or Drink:

September Morning

1 1/2 oz. light rum
1 tsp cherry brandy
1/2 oz. lime juice
1/2 tsp grenadine syrup
1 egg white

In a shaker half-filled with ice cubes, combine all the ingredients. Shake well. Strain into a cocktail glass. Like our drink today, click here for more.

Have a safe and wonderful weekend, Ya’ll.

Mailing List

© 2013 Before 24 / Contact / Privacy Policy / Legal