Stock futures ticked up Wednesday evening, paring some losses after a selloff during the regular session sent the Nasdaq back into negative territory for the year to date. The S&P 500 closed at its lowest level since April 23....
(Bloomberg) -- One of San Francisco’s oldest churches has joined the chorus of complaints that Zooming is not safe -- with a lawsuit claiming its bible study class was “Zoombombed” with pornography.“The footages were sick and sickening -- portraying adults engaging in sex acts with each other and performing sex acts on infants and children, in addition to physically abusing them,” according to the complaint filed Wednesday in federal court.Immediately after shutting down the virtual class, whose participants were mostly senior citizens, the administrator of Saint Paulus Lutheran Church reached out to Zoom Video Communications Inc. for help, “but Zoom did nothing,” according to the complaint, which was filed as a proposed class action.Zoom had no immediate comment on the suit.Zoom has seen global usage of its service surge during coronavirus shutdowns, but has come under increasing pressure over vulnerabilities in the app’s software encryption. The company has been sued amid...
What does it take to be the best? On Wall Street, it takes a sharp eye for stocks and a clear view of what makes a winning investment – and not every analyst has that.Glenn Greene, writing on the technology sector for Oppenheimer, is one of the select few analysts to rate five stars from TipRanks. Ranked 3 overall, out of 6,546 rated analysts, Greene’s recommendations have a success rate of 81%. Even better, for the investors who follow him, Greene’s calls have brought an average return of 20.4%. With this in mind, we wanted to take a closer look at the 5-star analyst’s top picks in the business services sector. These are companies that provide day-to-day financial and payment processing services in the B2B market. While not household names, they are vital players in their niche. Let’s see why Greene sees them as compelling components for your portfolio.Fiserv, Inc. (FISV)We’ll...
One sell-side analyst has thrown in the towel on YRC Worldwide (NASDAQ: YRCW).Following a mixed bag first quarter 2020, in which the carrier reported better-than-expected results, announced it was unlikely to meet future financial covenants and opted out of taking questions from analysts on its earnings call, Stifel Financial (NYSE: SF) equity research analyst David Ross has tapped out.In a Tuesday report to clients, Ross announced that he has suspended his rating and estimates for the less-than-truckload (LTL) carrier."Due to uncertainty around the current liquidity situation and no ability to predict the outcome of YRC's requests for external relief, we are suspending our rating on the shares," stated Ross. He went on to state that he views the stock as a "trading vehicle and highly volatile," noting that it could see 50% or more swings in share price in the weeks and months to come.The Overland Park, Kansas-based company ended the...
While telemedicine has been a popular field in light of COVID-19, teledentistry company Smile Direct Club was not immune from fielding losses due to the pandemic. The company reported a miss on their first quarter earnings, with sales hitting $196.65 million versus an estimate of $219.52 million. The Final Round panel discusses the numbers....
