Zonar hires former CVSA president as its compliance manager
Medtronic unveils restructuring plan
Medtronic Plc on Monday unveiled a restructuring plan that it expects will help it save $500 million to $700 million annually over the next five years. Chief Executive Omar Ishrak said the company was confident about mid-single digit revenue growth in the short term. Medtronic said in November it expected revenue growth to be in the range of 4-5 percent in fiscal 2018, and adjusted earnings to increase 9 to 10 percent.
Here’s why cryptocurrencies are getting smoked on Monday
A data adjustment by CoinMarketCap caused cryptocurrency prices to drop on Monday. Prices of the world's largest cryptocurrencies appeared to take some major hits on Monday morning after CoinMarketCap.com, arguably the most popular and important site for cryptocurrency pricing data, opted to remove South Korean exchanges from its data sources. Cryptocurrencies have been known to trade at significant premiums in South Korea, often times many magnitudes higher than on other exchanges, due to localized demand and strict national controls on capital movement.
Cryptocurrencies are plunging, led by ripple, bitcoin
Ripple left counterparts like bitcoin, the largest digital currency by market cap, in the dust last year.
Here's Why GoPro Stock Just Sunk to New Low
GoPro (GPRO) stock plummeted over 30% on Monday to hit a new all-time low after the company announced that it is set to cut jobs and anticipates weaker than expected fourth-quarter results.
GoPro considering selling itself, hires J.P. Morgan – source
Earlier in the day, the company lowered its fourth-quarter revenue forecast on weak demand for cameras in the holiday season and announced its plan to exit the drone business. "If there are opportunities for us to unite with a bigger parent company to scale GoPro even bigger, that is something that we would look at," Chief Executive Nick Woodman told CNBC. GoPro could not immediately be reached for comment.