A small New Jersey deli"s stock is valued at over $100 million. The store was empty and closing early when we visited - but they do make a mean cheesesteak.
A small deli in a quiet New Jersey town is worth over $100 million on the stock market. Turns out, they make a very good cheesesteak sandwich. The cheesesteak at Your Hometown Deli was genuinely delicious. Ben Gilbert/Insider A.....»»
Former CEO"s departure from Expedia left millions of dollars on the table
Mark Okerstrom stood to make nearly $11.3 million in 2019, but his resignation from the company in early December forced him to forfeit and accelerate portions of his restricted stock awards, putting his actual compensation much lower......»»
We visited an Express store and the empty ghost town clearly showed why the brand is closing 100 stores
Bethany Biron/Business Insider Express announced this week that it will close 100 stores by the end of 2022, including 31 stores b.....»»
ShiftPixy"s stock more than doubles after $20 million contract closing expected to "fully fund" operations
Shares of ShiftPixy Inc. more than doubled (up 148%) in active trading early Wednesday, enough to pace all Nasdaq-listed advancers, after the staffing services company announced the completion of a recapitalization and the closing of a contract as.....»»
South Jersey health care startup raises $3.5 million
A South Jersey life sciences company developing a blood test for the early detection of Alzheimer's and Parkinson's disease, when treatments are likely to be more effective, has raised $3.5 million in equity financing. The private stock sale was dis.....»»
SteadyMed"s stock rockets, leads premarket gainers after United Therapeutics buyout deal
Shares of SteadyMed Ltd. rocketed 75% to pace the premarket gainers early Monday, after the specialty pharmaceutical company agreed to be acquired by United Therapeutics Corp. in a deal valued at $216 million, includ.....»»
Apple Is Closing Its Atlantic City Store and Cutting 52 Jobs
It's a rare but small round of job cuts by the world’s largest technology company. Apple Inc. said it is closing a retail store in Atlantic City, New Jersey, resulting in a rare but small round of job cuts by the world's largest.....»»
Home Depot"s co-founder used to stock the shelves with empty boxes in early days
The home improvement store with a market capitalization of $218 billion “didn’t exactly get off to a flying start,†says co-founder Ken Langone in his new book......»»
Congress" Failed Stock Market Experiment Cost Investors $900 Million
Congress pushed a pilot program to make small-cap stocks more profitable to Wall Street and spur trading. The failed test will end this month. And Washington doesn’t want to discuss it......»»
GE"s stock dives on heavy volume as reports raise uncertainty over potential GECAS sale
Shares of General Electric Co. took a 5.3% dive in active afternoon trade Tuesday, as the pullback from last week's 10-week closing high accelerated. Volume was 73 million shares, enough to make GE's stoc.....»»
Louisville-area bank to make $68M acquisition
German American Bancorp is in a definitive agreement to acquire Citizens First Corp. in a cash and stock deal valued at $68.2 million. German American (Nasdaq: GABC) is based in Jasper, Ind., and has five offices in Clark and Floyd counties. It r.....»»
Colonial Pipeline CEO says paying $4.4 million ransom was ‘the right thing to do for the country’
Colonial chief executive Joseph Blunt said he decided early to make the payment after the company was unsure how much of its system was at risk......»»
CEO of $100 million New Jersey deli has reportedly been fired
The company's CEO, Paul Morina, is also the principal and wrest.....»»
Arthur J. Gallagher stock slips after public stock offering, used to help fund purchase of Willis Tower assets
Shares of Arthur J. Gallagher & Co. fell 0.7% in premarket trading Wednesday, after the insurance brokerage and consulting services company announced a public offering of 9 million shares of common stock. At Tuesday's stock closing price of $148.46.....»»
UPDATE: Canadian cannabis company Sundial to acquire Inner Spirit in cash-and-stock deal valued at C$131 million
Canadian cannabis company Sundial Growers Inc. said Wednesday it has reached an agreement to acquire Inner Spirit Holdings Ltd. , a retailer and franchisor .....»»
Canadian cannabis company Sundial to acquire Inner Spirit in cash-and-stock deal valued at C$131 million
Canadian cannabis company Sundial Growers Inc. said Wednesday it has reached an agreement to acquire Inner Spirit Holdings Ltd. , a retailer and franchiso.....»»
"A self-parody of a SPAC": The mysterious $100 million New Jersey deli is actually an investment vehicle backed by a firm in Hong Kong
"It works like a mini-SPAC. When you execute the merger, the name changes, the ticker changes, the board changes... everything changes." Google M.....»»
The Wall Street Journal: GameStop’s outgoing CEO will walk away with millions
It is a lucrative time to be leaving GameStop Corp.’s C-suite as the run-up in the videogame retailer’s share price has enabled four executives to depart with vested stock now valued at roughly $290 million......»»
These photos show the impact of shipping delays on stores, with empty shelves and items like bikes and outdoor decor out of stock
COVID-19 and the Suez Canal blockage have disrupted the global supply chain and changed demand. Mary Meisenzahl/Insider I visited four stores to see how shipping delays and worker shor.....»»
Beware of Market Arguments via Outliers
$100 Million New Jersey Deli Is Representative of No.....»»
The owner of the $100 million New Jersey deli flagged by David Einhorn as a symbol of market excess has been delisted for not complying with rules
Hometown International was delisted from the OTCQB exchange "for not complying with the rules and marked CE for public interest concerns." Google Maps Hometown Int.....»»