HelloFreefall
Sponsoring every podcast in existence must not be what it used to be. Shares of meal kit delivery service HelloFresh have shed 42% of their value on a…
Author
Lew
Evening links: March 7, 2024
Sargento recalls nearly a dozen brands of shredded cheese over listeria fears <CBS News> Someone’s buying votes in Disney’s ugly proxy fight <Morning Brew> Voyager 1 may have…
The cover of Kara Swisher’s new book gives me secondhand embarrassment
I’m judging a book by its cover, and wouldn’t be caught dead with the hardcover. But the reviews are unsurprisingly glowing: Kara Swisher takes on the “boy-kings” of…
Victoria’s Secret plunges 30% on falling sales guidance
Crotchless panties anyone? Apparently not as Victoria’s Secret is in freefall after projecting lower revenues next year. This coming off a year where same-store sales already saw a…
Vice Media pulls plug on employee town hall meeting after onslaught of “thumbs down” emojis
The embattled “news organization” was holding a town hall where chief content officer Cory Haik was giving an update on a recent round of layoffs when the angry…
Mnuchin & Liberty Strategic Capital come to the rescue of NYCB
The news on NYCB just keeps coming today, and it appears as if it’s fundraising round was successful. The cash-strapped bank has just issued a press release and…
CNBC Talking Head Jenny Harrington is holding the bag on NYCB losses
Jenny Van Leeuwen Harrington, CEO of Gilman Hill Asset Management and frequent CNBC contributor, owns up to holding on to her NYCB stock, which is in free-fall today…
BowFlex can’t handle the weight
BowFlex is filing for bankruptcy with $140mm in assets and $125.9mm in debt. The home workout equipment maker has said that it has a bid of $37.5 million…
NYCB stock tanks after WSJ report
The WSJ is reporting that New York Community Bancorp (NYCB) is on a desperate quest for equity capital as it battles to regain investor confidence amidst a backdrop…
Everyone’s talking about Target’s new membership program, but no one has said how dumb the name is
Target Circle 360? You’re joking, right? Countdown until they throw up their hands and call it Target Plus starts now.