Diamond Foods Now Cooks! ...their books. CEO and CFO Out, Forced to Restate Earnings
Diamond Foods is getting crushed after hours, (down over 43%) on the announcement that they, like an alarming number of corporations, have trouble following longstanding GAAP (Generally Accepted…
Options Players Wager On Recovery For Urban Outfitters
Outfitters, Inc. – Options activity on the specialty retailer jumped on Wednesday morning as news of the CEO’s resignation saw shares in Urban Outfitters tumble more than 20% to an intraday…
Bubble Meter: Zillow CEO on housing market
Zillow CEO Spencer Rascoff on housing market.. Link here. Recap: Zillow's data suggests that, while down 29% as a nation, home values haven't bottomed out quite yet: Another 3-5% decrease in values…
The Week in Resignations.. And It's Only Wednesday: Urban Outfitters, WebMD, The White House, Swiss National Bank, and Italy
Out of the markets and into the midst of both earnings and elections seasons, volatility seems here to stay. Here's a quick recap of the most recent turnovers in the headlines the past few days,…