Caitlin Huston
Moneyish
New York, NY, United States
Contact Caitlin
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Past articles by Caitlin:
Snap backlash, Facebook capitulation won’t stop multi-class stock structures
Though it might seem as if the investor community is turning against dual-class share structures, there are still tough opponents who continue to argue for a founder-led approach. → Read More
IPO market could be slowed down by revenue recognition rules
Though the market for initial public offerings has been improving, it may hit another speed bump as most companies are not prepared to comply with new accounting rules. → Read More
4 things to know about the hair-transplant robot company going public
Restoration Robotics filed to go public with a price range of $7 to $9 a share, but the hair transplant company has some questionable financials. → Read More
What time is the iPhone launch event?
The tech giant confirmed a Sept. 12 date for an event expected to include the launch of a new iPhone. → Read More
Expedia leads investment round in ALICE in what may be CEOs last deal at the company
In what may be the last deal Dara Khosrowshahi led as chief executive of Expedia EXPE, -0.13% the company announced an investment of $26 million in ALICE, a hotel technology platform for staff, concierge and guests. Expedia was the lead investor in ALICE's series B round and also led its series A round in 2015. Khosrowshahi, who has been CEO at Expedia since 2005, was officially announced as… → Read More
Houston residents and civilians turn to Zello app to coordinate rescue efforts
As Houston residents battle extreme flooding, several are turning to a bootstrapped startup to help communicate and coordinate rescue efforts. → Read More
Apple shares reach record intraday high
Shares of Apple Inc. AAPL, +0.64% were up 1% Tuesday afternoon after the stock reached a record intraday high of $162.96. Those gains came a day after The Wall Street Journal reported that Apple would host a product launch event on Sept. 12. Apple has not yet released an official event date, but the WSJ report was based on sources familiar with the matter. At the event, Apple is expected to… → Read More
Movado Group shares soar after second-quarter earnings beat
Shares of Movado Group, Inc. MOV, +0.63% were climbing 9% in premarket trade Tuesday after the watch-maker beat second-quarter earnings expectations. Movado reported net income of $5.5 million, or 24 cents per share, down from $6.3 million, or 27 cents per share, in the year-earlier period. It reported adjusted earnings per share of 43 cents, above the FactSet consensus of 23 cents. Net sales… → Read More
What we know about Uber’s apparent CEO pick Dara Khosrowshahi
After a months-long drama, Uber Technologies Inc. has reportedly selected Dara Khosrowshahi, current chief executive of Expedia Inc., as its next CEO. → Read More
Expedia chairman says he believes Dara Khosrowshahi will accept Uber CEO role
Expedia Inc. EXPE, -4.24% Chairman Barry Diller confirmed in an email to employees Monday that Dara Khosrowshahi has been tapped as the next chief executive of Uber Technologies Inc. and said that he believes he'll accept the job. "Nothing has been yet finalized, but having extensively discussed this with Dara I believe it is his intention to accept," Diller wrote in the August 28 email, which… → Read More
Apple said to hold product launch for new iPhones on Sept. 12
Apple Inc. AAPL, +0.88% will reportedly hold a product launch event on Sept. 12, including the expected launch of three iPhones, the Wall Street Journal reported Monday, citing sources familiar with the matter. Analysts have expected a fall launch for Apple's new iPhone 8, which is expected to have an all-glass display and function without a physical home button. Apple is also expected to launch… → Read More
Fitbit introduces $300 smartwatch in challenge to Apple
Fitbit Inc. is launching its long-awaited smartwatch this fall, hoping to take on Apple Inc. with a feature set that works without a phone. → Read More
Yum China announces Jacky Lo as chief financial officer
Yum China Holdings, Inc. YUMC, -1.43% has appointed Jacky Lo, a current executive at the company, as chief financial officer, the company said Monday. Lo has worked as interim chief financial officer and treasurer since June 2017. He will take over the CFO position starting Sept. 1. He has also served as controller and principal accounting officer among other positions at the company. Shares of… → Read More
How Apple could make smartwatches more popular, and potentially help Fitbit
The smartwatch industry is poised to reaccelerate in the next few years, which is good news for Fitbit Inc. and Sequans Communications, a company that could power the watches. → Read More
Cisco plans to acquire hyperconvergence startup for $320 million
Shares of Cisco Systems Inc. CSCO, +0.68% were up less than 1% Monday morning after the company said it plans to acquire Springpath Inc., a hyperconvergence startup, for $320 million in cash and equity awards. Hyperconvergence has been heating up in the tech space, as the software combines storage and computing functionality in a hybrid-cloud environment. Hewlett Packard Enterprise Co. HPE,… → Read More
Mark Zuckerberg to take two months of paternity leave this year
Facebook Inc. FB, +0.58% Chief Executive Mark Zuckerberg is taking two months of paternity leave as his wife expects their second child, Zuckerberg wrote on Facebook Friday. Zuckerberg said he will take a month off after the birth and then will later take off the month of December. He noted that Facebook offers four months of paternity leave. Shares of Facebook were up less than 1% Friday… → Read More
Chicken Soup for the Soul Entertainment trading above issue price in market debut
Shares of Chicken Soup for the Soul Entertainment Inc. CSSE, -8.42% were trading at $12.25 Friday morning, above the company's issue price, in the stock's debut on the Nasdaq. Chicken Soup for the Soul Entertainment, a video-focused offshoot of the book series, sold 2.5 million shares at $12 a share in a Reg A+ offering. The offering means that non-accredited investors were able to buy shares,… → Read More
Analyst initiates three social media stocks, and guess which one is a sell?
SunTrust Robinson Humphrey initiated three big social media platforms, taking a bearish stance on one platform, which it says has “farther to fall.” → Read More
Twitter latest to sent white-supremacist Daily Stormer site packing
The Twitter account of the white-supremacist website the Daily Stormer is no longer on Twitter Inc. TWTR, +0.82% after the social-media platform apparently suspended it for violating its policies. Twitter said it is not able to comment on individual accounts, but the account is listed as suspended on the platform. "The Twitter Rules prohibit violent threats, harassment, hateful conduct, and… → Read More
Alibaba earnings: Expect a boost from better spending trends in China
E-commerce site Alibaba Group Holding Ltd. is expected to benefit from improved spending trends in China when it reports first-quarter earnings before the market opens Thursday. → Read More