Fake news appeared to give holders of virtual currencies very real agita on Monday, as a hoax news release sent litecoin briefly soaring before crumbling back down to Earth.
Walmart Inc. WMT, -0.52% said that it was the subject of a “fake news release” early Monday, with Globe Newswire publishing a report, including a falsified comment from the big box retailer’s CEO Doug McMillon, purporting to have established an arrangement with litecoin LTCUSD, -0.07% that would see the retailer accept the crypto as payment.
Skeptics were quick to point out the oddity of the Bentonville, Ark., retailer announcing an arrangement with a crypto that has largely operated in the shadows of larger cryptocurrencies Ether ETHUSD, +0.95%, which operates on the Ethereum blockchain, and bitcoin BTCUSD, +0.62%, the world’s No. 1 digital asset by market value, according to CoinMarketCap.com.
Best Value Stocks For 2023: Meredith Corporation(MDP)
Meredith Corporation has been committed to service journalism for nearly 115 years. Meredith began in 1902 as an agricultural publisher. In 1924, the Company published the first issue of Better Homes and Gardens. The Company entered the television broadcasting business in 1948. Today, Meredith uses multiple media outlets–including broadcast television, print, digital, mobile, and video–to provide consumers with content they desire and to deliver the messages of our advertising and marketing partners. The Company is incorporated under the laws of the State of Iowa. Our common stock is listed on the New York Stock Exchange under the ticker symbol MDP.
The Company operates two business segments: local media and national media. Our local media segment consists of 16 owned television stations and one operated television station located across the United States (U.S.) concentrated in fast growing markets with related digital and mobile media assets. Advisors’ Opinion:
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Meredith Corporation (NYSE: MDP), too, is a media company, as is Gray Television (NYSE: GTN). MDP owns print magazines (People, Better Homes & Gardens, InStyle, Allrecipes, Real Simple, Shape, Southern Living, Martha Stewart Living) via digital and mobile media. GTN, on the other hand, is a television broadcast company. Because of their growth, I am keeping both companies on my watch list.
- [By Joseph Griffin]
New York State Common Retirement Fund lowered its position in Meredith Co. (NYSE:MDP) by 15.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 246,966 shares of the company’s stock after selling 43,605 shares during the period. New York State Common Retirement Fund owned 0.55% of Meredith worth $12,827,000 at the end of the most recent reporting period.
Best Value Stocks For 2023: Western Asset Emerging Markets Income Fund, Inc(EMD)
Western Asset Emerging Markets Income Fund Inc. is a non-diversified, closed-end management investment company. The Fund’s primary investment objective is to seek high current income. As a secondary objective, the Fund seeks capital appreciation. The Fund, under normal conditions, invests at least 80% of its net assets plus any borrowings for investment purposes in debt securities of government and government-related issuers located in emerging market countries, including participations in loans between governments and financial institutions, and of entities organized to restructure the outstanding debt of such issuers, and in debt securities of corporate issuers located in emerging market countries. The Fund invests in sovereign bonds, energy, materials, telecommunication services and financials, among others. Legg Mason Partners Fund Advisor, LLC (LMPFA) is the Fund’s investment manager. Advisors’ Opinion:
- [By Joseph Griffin]
Emerald Crypto (EMD) is a proof-of-work (PoW) coin that uses the
Scrypt hashing algorithm. Its launch date was June 16th, 2013. Emerald Crypto’s total supply is 19,117,129 coins. Emerald Crypto’s official Twitter account is @Emerald_Crypto and its Facebook page is accessible here. Emerald Crypto’s official website is www.emeraldcrypto.de.
Best Value Stocks For 2023: Biglari Holdings Inc.(BH)
Biglari Holdings Inc., through its subsidiaries, operates and franchises restaurants in the United States. It owns, operates, and franchises restaurants under restaurant concepts, including Steak n Shake, a classic American brand serving premium burgers and milk shakes; and Western, which offers signature steak dishes and other classic American menu items, as well operates other concepts, Great American Steak & Buffet, and Wood Grill Buffet consisting of hot and cold food buffet style dining. As of December 31, 2014, the company operated 417 Steak n Shake company-operated restaurants and 128 franchised units; and 4 Western company-operated restaurants and 68 franchised units. Biglari Holdings Inc. also engages in underwriting commercial trucking insurance, and selling physical damage and nontrucking liability insurance to truckers; and publishes and sells magazines, and related publishing products and services in print and digital under the MAXIM and Maxim brand names, as well as licenses media products and services. The company was formerly known as The Steak n Shake Company and changed its name to Biglari Holdings Inc. in April 2010. Biglari Holdings Inc. was founded in 1934 and is based in San Antonio, Texas.
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Victory Capital Management Inc. reduced its stake in shares of Curtiss-Wright Co. (NYSE:CW) by 5.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 58,370 shares of the aerospace company’s stock after selling 3,507 shares during the quarter. Victory Capital Management Inc.’s holdings in Curtiss-Wright were worth $6,932,000 at the end of the most recent reporting period.
- [By Motley Fool Transcribers]
Curtiss-Wright Corp (NYSE:CW)Q4 2018 Earnings Conference CallFeb. 27, 2019, 9:00 a.m. ET
Prepared Remarks Questions and Answers Call Participants
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Curtiss-Wright (CW)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Best Value Stocks For 2023: Capital Senior Living Corporation(CSU)
Capital Senior Living Corporation, together with its subsidiaries, owns, operates, develops, and manages senior living communities in the United States. The company provides senior living services to the elderly, including independent living, assisted living, and home care services. Its independent living services include daily meals, transportation, social and recreational activities, laundry, housekeeping, and 24-hour staffing; and access to health screenings, periodic special services, dietary and similar programs, and ongoing exercise and fitness classes. The companys assisted living services comprise personal care services, such as assistance with activities of daily living comprising ambulation, bathing, dressing, eating, grooming, personal hygiene, and monitoring or assistance with medications; support services, including meals, assistance with social and recreational activities, laundry, general housekeeping, maintenance, and transportation services; and supplemental services comprising extra transportation services, personal maintenance, extra laundry services, and special care services, such as services for residents with certain forms of dementia. In addition, it offers home care services through its home care agency. As of December 31, 2015, the company operated 121 senior living communities in 23 states with an aggregate capacity of approximately 15,400 residents. Capital Senior Living Corporation was founded in 1996 and is headquartered in Dallas, Texas.