Charles Schwab (SCHW) is buying TD Ameritrade for $26 Billion. With Schwab’s $3.85 Trillion in assets and TD Ameritrade’s $1.3 trillion, a marriage would wind up with some $5 Trillion in assets. Charles Schwab History In 1963 Charles Schwab and two other partners launch an investment advisory letter. They incorporated in 1971 as First Commander Corporation to conduct a conventional broker-dealer securities business. In 1975 … Continue reading Charles Schwab and TD Soulmates
After the Parkland High School shooting, Dicks’s Sporting Goods CEO, Edward Stack, made big announcement of being a pro-gun control advocate by refusing to sell any more AR-15’s from his stores. He even began launching campaigns to promote AR-15 bans. Dick’s History Dick’s Sporting Goods, Inc. (DKS) is an American sporting goods retail company, one of the biggest U.S. sellers of firearms, based in Coraopolis, … Continue reading Guns Heartbroken Over Split with Dick’s
Grubhub (GRUB) has been publicly traded since 2014. This year has been a dramatic collapse for the food delivery specialist that was once the darling in the online ordering business, but the Perfect Storm of challenges has crushed the stock. Let’s Look at What Happened!? Grubhub had no significant competitive advantages. Restaurants wanted to be on as many ordering platforms as possible and customers shopped … Continue reading Grubhub – the Perfect Storm
The New York Times (NYT), established in 1851 as a penny paper appealed to an intellectual readership and is now “friends” with social media by participating in the debut of Facebook News on October 26, 2019. the Times Facebook News articles will be chosen partly by Facebook and also personalized based on news users prefer. Facebook is paying some publishers $1 Million to $3 Million … Continue reading Facebook LIKES New York Times
Wendy’s Co. beefed up its quarterly dividend 20% to 12¢ a share from 10¢, continuing its annual streak of modest dividend increases started in 2012 to attract stock option traders and investors. Baconator History The Baconator was introduced in April 2007 as part of a push to add menu items that appeal to 18 to 34-year-olds and expand late-night sales. Baconator was named the official … Continue reading Baconator Packs a Dividend Punch !