Billionaire Oprah Winfrey Loses $50 Million in Weight Watchers Shares after 30% Plunge

2019-2-27 15:45

Shares of fitness firm WW, which was formerly known as Weight Watchers International, plunged 30% in pre-market hours on Wednesday wiping out nearly $50 million of the stake that Oprah Winfrey holds in the company, according to CNBC.

The drop in the stock came after the dieting firm released disappointing 4th quarter and full-year 2018 results. While analysts had been expecting earnings per share to come in at 60 cents, the actual EPS was 46 cents. Revenues for the fourth quarter of 2018 came in at $330 million against the $347 million that was expected. WW generated $1. 5 billion in

The post Billionaire Oprah Winfrey Loses $50 Million in Weight Watchers Shares after 30% Plunge appeared first on CCN

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Источник: ccn.com

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EA’s Apex Legends Gets Insane 10 Million Players in 3 Days, Can it Become Bigger than Fortnite?

Electronic Arts Inc. shares are rising, and it seems to be gaining lost grounds with its latest title, Apex Legends, amassing millions of players within a short period. Watch Apex Legends Gameplay Below + First Impressions The Canadian gaming giant saw its stock rise by 16 percent on Friday, after announcing that Apex Legends, it’s Fortnite competitor had gained 10 million players and 1 million concurrent players, 72 hours after it was released, and the fans seem to be loving it.

2019-2-9 18:52


Sony Shares Sink 8% Amid Declining Gaming Sales – Is a PlayStation 5 Coming in 2020?

Shares of Sony fell by 8% after the Japanese entertainment and technology giant recorded a decline in sales and profits. Specifically, Sony’s gaming division, which has become increasingly critical to the conglomerate saw operating income from games fell by 14% to $666 million during the October-December holiday quarter, according to Bloomberg.

2019-2-5 14:55


Фото:

Analyst: Bitcoin to Bottom Out At Below $3,000 But it Could Easily Achieve 6-Figure Price

Crypto’s most fervent diehards have often been lambasted for their Bitcoin (BTC) price forecasts. Blockchain project promoter John McAfee, the eccentric millionaire behind the cybersecurity company that shares his surname, called for BTC to surpass $1 million by 2020’s end, claiming that he would consume his family jewels if the prediction doesn’t come to past.

2019-1-22 18:00


Innovation Shares NextGen Protocol ETF (KOIN) Tracks Blockchain Projects Now Manages Over $10 Million In Assets

KOIN, An Exchange Traded Fund That Tracks Blockchain Innovations Now Holds Approximately Over $10 Million in Assets Under Mangement When it was launched approximately 11 months ago, The Innovation Shares NextGen Protocol ETF, otherwise known as KOIN, it quickly became a product worthy of investors attention. It was on January 30th 2018, the ETF product […]

2018-11-19 00:41


Фото:

Nvidia Shares Fall 19% After Company Reveals Q4 Revenue Might Fall Short By $700M Due To Falling Crypto-related GPU Demand

Even without directly investing in cryptocurrencies, Nvidia was one of the biggest winners in 2017’s crypto boom. With last year’s soaring prices of digital currencies, the company’s GPUs were selling like hotcakes as crypto miners, who were busy building their mining rigs back then, snapped up stock worth $776 million in 2017 alone.

2018-11-16 16:09


Фото:

Bitcoin Group SE Buys Investment Bank Tremmel for Undisclosed Figure

Bitcoin Group SE has bought 100 percent shares of investment bank Tremmel for an undisclosed amount. This is the German digital currency exchange operator’s second acquisition in 2018. Bitcoin Group, which holds current assets of $40 million, said Tremmel allows it to issue its own cryptocurrency-related products, conduct proprietary trading and operate bitcoin ATMs.

2018-11-14 00:45


Фото:

Australian Island to Offer $300 Million Worth of Tokenized Shares

A property-backed token, possibly representing the world’s largest area yet, will soon come to fruition in Australia, reports the Sydney Morning Herald. Crypto a Saving Grace Fifteen kilometers off the coast of Queensland, the abandoned Great Keppel Island was initially envisioned as a tourist destination for locals and expats alike before fading into oblivion.

2018-9-5 14:00


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