Investors News Magazine

ANGI Homeservices aims to be Amazon of home upkeep

ANGI Homeservices Inc. on Thursday reported third-quarter earnings and wrapped up a year-long merger process, meeting or beating analyst expectations in the process.

Now, with a new CEO at the helm, the online home-services marketplace is thinking bigger. For investors willing to go along for the ride, Brandon Ridenour is setting his sights on revolutionizing home repair and renovations in…

BestNPet, Inc. To Spin-Off Subsidiary to Management Team

Pupco Brands, Inc. to focus on premium consumable pet products business

DALLAS, Nov. 13, 2018 (GLOBE NEWSWIRE) — via OTC PR WIRE — BestNPet, Inc. (OTCMKTS: BPET) has spin-off its Pupco Brands, Inc. subsidiary to Paul Lien, President/CEO and other members of the company’s senior management team. The Company has appointed Garrett Vogel as a director and its new president and Dana Herrick as…

$IONI I-ON Communications Share Price Selling Far Below True Value

Summary

We believe the share price is current undervalued due to exiting legacy shareholders from Evans Brewing Company. The company reversed merged in February 2018.

Corporate management believes the share price will self correct over time and steadfastly refuses to engage in share buyback program to support legacy shareholders who wish to exit.

Recent Company guidance is of no interest to…

Brent Crude Oil Tops $80 A Barrel

Brent crude oil tops $80 a barrel as market grows more concerned about Iran sanctions

Brent crude oil on Thursday topped $80 a barrel for the first time since November 2014, as the market grew concerned that the Trump administration’s effort to sanction Iran’s crude exports could be more successful than originally thought.

Oil prices hit $80 a barrel for the first time since November 2014

Brent,…

Symantec Corp. Share Price Crashes Over News Of Internal Investigation

Such investigations “almost never finish completely without issue” wrote one analyst, as stock plunges -34%

By Emily Bary

Like a computer virus, the bad news for Symantec Corp. (NASDAQ: SYMC) investors came all at once.

Shares of the cybersecurity software company plunged 35% in Friday morning trading to put them on track for their biggest one-day decline in 17 years and second-biggest loss in 29…

HempLife Today Enters the Nationwide Legal Full Spectrum CBD Edibles Gummies Market With a Nationwide Rollout in May

Denver, CO. Globe Newswire

Ubiquitech Software Corp. (Otc: UBQU) through its operating subsidiary HempLifeToday.com, announces the imminent offering of its newest CannazALL™ CBD product derived from legal Hemp. The New CBD Gummies will be available on the HempLifeToday.comWebsite…

Eddie Lampert Wants To Buy Sears Kenmore Brand

Walter Loeb

Let’s be realistic. Eddie Lampert, chairman of Sears Holdings (NasdaqGS: $SHLD), is not a merchant, and as a portfolio manager and investor, he has missed the mark. He has now announced to his board that his ESL hedge fund wants to buy the Kenmore brand and other assets from Sears Holdings.

Sears Holdings has slimmed down and reported sales in fiscal 2017 of $16.7 billion, from $22.1…

Notion Integrates with HomeAdvisor® for Instant Water Leak Support

Notion Smart Home Sensor taps HomeAdvisor to help homeowners take immediate action and mitigate damages at the first sign of water

Denver/ PRNewswire

Notion, the complete home awareness solution powered by a multi-purpose IoT smart home sensor, today announced a first-of-its-kind integration with HomeAdvisor, the Colorado-based marketplace connecting homeowners to prescreened professionals for…

BlueLinx Acquisition of Cedar Creek Completed

Atlanta and Oklahoma City, Globe Newswire

BlueLinx (NYSE:BXC), a leading distributor of building and industrial products in the United States, today announced that it has completed its previously announced acquisition of Cedar Creek, a leading building products wholesale distributor specializing in a wide variety of building products.

The combination of BlueLinx and Cedar Creek creates one of the…

truCrowd, Inc. Sells Equity Stake to Digital Arts Media Network, Inc.

truCrowd Sells Stake to Public Growth Accelerator

Chicago, IL, Globe Newswire

truCrowd, Inc., owner and operator of Regulation CF crowdfunding portal truCrowd.com, announced today that the Company has executed an agreement with Digital Arts Media Network, Inc.  (DATI), to sell to the Public Accelerator-Incubator (PAI), an equity stake of up to 39.89% percent in the Company, in an effort to grow…

Oil prices spiked to their highest level in two and a half years after a pipeline exploded in Libya

Nathaniel Meyersohn

Libya’s state-run National Oil Corporation said the explosion jeopardized output by up to 100,000 barrels a day. The cause of the blast was unclear, the agency said.

U.S. crude oil prices spiked up to 2.5% Tuesday to more than $60 a barrel, the highest level since June of 2015.…

Los Angeles, CA, Dec. 21, 2017 (Globe Newswire)

Right On Brands, Inc. (OTCQB: RTON) today announced the introduction of Endo Water the first offering of a premium CBD product line to be marketed by Right On Brands. All of the future CBD offerings will be a part of Endo Brands family of products a wholly owned subsidiary of Right On Brands. The first shipment of product has been received by Right…

Los Angeles, CA, Dec. 21, 2017 (Globe Newswire)

Right On Brands, Inc. (OTCQB: RTON) today announced the introduction of Endo Water the first offering of a premium CBD product line to be marketed by Right On Brands. All of the future CBD offerings will be a part of Endo Brands family of products a wholly owned subsidiary of Right On Brands. The first shipment of product has been received by Right…

Hunter Harrison Took Medical Leave on Thursday

Jacquie McNish

When Hunter Harrison wanted to impress business associates, he arranged meetings in the trophy room of his sprawling Double H horse farm near Palm Beach, Fla. Rows of shelves are stuffed with ribbons, medals and trophies earned by his jumping horses.

Scattered among the laurels are photographs of Mr. Harrison and many of the executives…

Paul R. La Monica

The U.S. stock market is up ever so slightly this month. And if the benchmark S&P 500 is able to eke out a gain for December, it will make history. This would be the first time ever that the blue-chip index had a gain for all 12 months of a calendar year.

Ryan Detrick, senior market strategist with LPL Research, noted in a report this week that the market has had 12-month…

Bitcoin’s fraud perception will change over time: CBOE CEO Ed Tilly

Henry Fernandez

Bitcoin futures began trading on the Chicago Board Options Exchange (CBOE) on Sunday, a move seen as a milestone for the cryptocurrency.

In an interview with FOX Business’ Neil Cavuto, Cboe Global Markets (CBOE) Chairman and CEO Ed Tilly said bitcoin’s trading debut was volatile with the exchange trading an…

Tesla’s Largest Order To Date

Anheuser-Busch has reserved 40 of Tesla Inc.’s all-electric Semi trucks as it seeks to reduce fuel costs and vehicle emissions, the brewing giant announced Thursday.

This could the biggest order Tesla has received for its electric trucks, which are scheduled for rollout in 2019.

 The St. Louis-based subsidiary of Anheuser-Busch InBev plans to use the trucks for…