JUPITER, Fla. – The deadline set by Major League Baseball to ensure a 162-game season and save the scheduled March 31 opening day is now close enough you could measure the time left to get a deal in hours, not days. If there is no deal by Monday, the league has said that it will start canceling regular season games, and has publicly avowed that those games will not be rescheduled and players will not be paid for them. So to say it was a bad sign that bargaining ended Saturday with the… Source link
Read More »The sour market reaction to earnings is ‘too much overblown,’ analyst says
Zoom (ZM) shares are sinking 17% on Tuesday, despite a better-than-expected quarter on the top and bottom line. The video conferencing company’s stock is under pressure amid fears of a slowdown in virtual meetings as the pandemic eases. “It’s a little bit too much overblown in our view,” said James Fish, senior research analyst at Piper Sandler. The analyst has a $299 price target on the stock. “Just look at Enterprise, which grew 65% on its own, and Commercial Fees, which are still growing at… Source link
Read More »Cowboys’ deal with Ezekiel Elliott turns sour for them
Nearly 16 months ago, when Dallas Cowboys owner Jerry Jones stepped in front of the CNBC cameras after committing to the richest running back contract in NFL history, he sounded like a man who was selling himself — maybe more than anyone else — on the lavish $90 million deal he was about to sign with Ezekiel Elliott. Jones talked about how Elliott had “worked” and “utilized his skills” to seize his market. He waxed about Elliott’s “big heart” and spun thin logic about how… Source link
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