Shares of Netflix, Apple and other giant technology companies that have powered a market rally have taken an uncharacteristic pause.
NYS Entity Status
NYS Filing Date
MAY 05, 2014
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2014 - ALI & SONS TRADING COMPANY INC.
Around the Web
- A Slump in Tech Stocks That Leaves Some Investors Mystified
By LANDON THOMAS Jr. - Monday Jun 12, 2017
- Names & Faces: Muhammad Ali, Jay Wright
By Associated Press - Tuesday Oct 10, 2017
Muhammad Ali Muhammad Ali Enterprises on Tuesday filed a $30 million federal lawsuit against Fox Broadcasting Company, claiming Fox used without permission the late boxer’s identity in a video that aired just before its telecast of the Super Bowl in February. In explaining just how valuable Ali’s name and image were to Fox, the lawsuit contends that Fox could have sold those three minutes of time just before the start of the Super Bowl to advertisers for $30 million. Two years ago, a federal jury awarded Basketball Hall of Famer Michael Jordan $8.9 million in his lawsuit against a now-defunct supermarket chain for using his identity in an advertisement without his permission.
- Snap stock is tanking again after user growth slows down
By Christopher Zara - Thursday Aug 10, 2017
This is not good news for Snap Inc. The parent company of Snapchat saw its shares tumble in after-hours trading today after it reported disappointing user growth in its Q2 2017 earnings. It’s only the second earnings report since Snap went public in March, and hopes for a turnaround are deteriorating. Shares fell to $11.90 after … Continue reading “Snap stock is tanking again after user growth slows down”
This is not good news for Snap Inc. The parent company of Snapchat saw its shares tumble in after-hours trading today after it reported disappointing user growth in its Q2 2017 earnings. It’s only the second earnings report since Snap went public in March, and hopes for a turnaround are deteriorating. Shares fell to $11.90 after hours, an all-time low. Snap debuted on the NYSE at $17 a share. It fell below that price a month ago and hasn’t recovered. The company reported daily active users growth of 7 million to 173 million total, but analysts were expecting about 8 million new users, CNBC reports. You can check out Snap’s full earnings release here. We’ll have more after the call later today.
- Coach Inc. is changing its name, and shoppers are pissed
By Reuters - Wednesday Oct 11, 2017
Coach Inc will change its corporate name to Tapestry Inc, it said on Wednesday, as it creates a broader umbrella for its high-end brands without diluting the iconic name known mainly for selling luxury handbags. The company’s shares were down 2 percent in early trading following the announcement in which Tapestry will be the holding...
- Former IT Worker Settles Insider-Trading Accusations in 2012 Apple Merger
Tuesday Jul 18, 2017
A former technology worker at a biometrics company that Apple Inc. (AAPL) bought in 2012 agreed to pay nearly $280,000 to resolve insider trading accusations.
- Sierra Trading Post Re-Launches Brand With Campaign From Grey NY
Wednesday Sep 20, 2017
STP promotes its vast selection, well-known brands and comparatively small prices, as the go-to emporium for everybody's apparel and gear needs for outdoor accessibility.