Denny Jacob
Moneyish
New York, NY, United States
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Past articles by Denny:
SEC charges former SPAC CFO Cooper Morgenthau with fraud
The Securities and Exchange Commission on Tuesday said it issued fraud charges against Cooper Morgenthau after he allegedly stole more than $5 million from a... → Read More
Disney Raising Prices on ESPN Streaming Service
Prices are set to increase 43% on ESPN+ as Disney faces rising costs to acquire sports programming. → Read More
Oracle Sales Top Expectations Against Uncertain Economic Backdrop
The business-software giant posted higher quarterly revenue and its shares rebounded in after-hours trading. → Read More
Online Jeweler Blue Nile to Go Public Via SPAC Acquisition
Deal could lead to Blue Nile shares trading on the Nasdaq possibly by the fourth quarter. → Read More
DocuSign Earnings Disappoint, Sending Down Shares
CEO Daniel Springer says macroeconomic headwinds have weighed on its fiscal 2023 outlook as the software company scales back its hiring plans. → Read More
Wendy’s Largest Shareholder Trian Explores Burger-Chain Deal
Trian Fund Management said it is weighing possible transactions to acquire control of the company. → Read More
Zoom Sales Growth Slows as Pandemic Boom Wanes
The videoconferencing company said sales rose 12% in its first quarter, the slowest growth rate on record, but it raised the profit outlook for the year. → Read More
Shares of Ross Stores Fall 17% After Sales Decline
The off-price retailer reported a decline in sales in the first quarter and forecast same-store stores would decline in the second quarter. → Read More
Under Armour CEO Patrik Frisk Is Stepping Down
The sportswear brand named operating chief Colin Browne as interim chief executive, effective June 1. → Read More
Beyond Meat Shares Drop as Losses Widen
The CEO of the meat-alternative maker says measures the company took to support its launches weighed on the bottom line. → Read More
AMC Revenue Quintuples as Moviegoers Return to Theaters
The Leawood, Kan.-based company reported first-quarter sales more than five times higher than the year-ago period. → Read More
Match Taps Zynga President as Next CEO; Shar Dubey to Resign End of Month
Current CEO Shar Dubey to resign at the end of month after two years leading the dating company through the pandemic. → Read More
Block CEO Jack Dorsey’s Title Now Block Head and Chairperson
The financial-services company, which says his duties won’t change, removed from its bylaws a requirement to have an officer with the title of chief executive officer and president. → Read More
Gap Replaces Old Navy Leader, Cuts First-Quarter Guidance
Shares fell as the retailer cited execution challenges at Old Navy and plans to increase promotional levels. → Read More
Amazon Prime Coming to Other Online Sites
“Buy with Prime” will allow third-party merchants to offer perks from the membership program on their sites. → Read More
Netflix Subscriber Growth Gets Most Attention Even as Revenue Expected to Jump
The streaming giant is expected to report slowing subscriber growth to start 2022. → Read More
‘Fortnite’ Maker Epic Games Valued at Nearly $32 Billion in Funding Round
The videogame maker Epic Games raised $2 billion from existing investor Sony Group and Kirkbi. → Read More
GameStop Shares Jump 15% on Stock-Split Request
The videogame retailer says it will seek shareholder approval to increase the number of common shares for a stock split, which would follow the recent path of Tesla, Alphabet and Amazon.com. → Read More
Chewy Swings to a Loss Amid Higher Costs, Slower Sales Growth
The company’s third consecutive quarterly loss comes as supply-chain issues and inflation have begun to outweigh record sales that have been lifted throughout the Covid-19 pandemic following a boom in pet adoption. → Read More
Maersk Line to Electrify North American Operations With Swedish Trucks
Danish container shipping giant A.P. Moller-Maersk is electrifying its North American businesses through a five-year agreement with Swedish freight technology company Einride that includes the use of 300 electric heavy-duty trucks. → Read More