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Rocco Pendola

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Most Talked About The Street Stories

Another Fee Bonanza Looms for Apple Debt Underwriters

thestreet.com — NEW YORK ( TheStreet) -- When Apple decided to finance some of its rising capital returns to shareholders in 2013, it prompted the biggest debt offering in corporate history at the time. Now that the company is planning to tap debt markets once more to boost dividend and buyback activity, Wall Street underwriters may be readying for a fee bonanza.
Hopefully $GS and $DB can generate a bit more fees from $AAPL next $17bn in debt: thestreet.com/story/12681972…
If you like reading about debt, buybacks, dividends and Apple, boy do I have a story for you thestreet.com/story/12681972…#SeriouslyThough $AAPL

Starbucks Earnings: What's Wall Street Saying

thestreet.com — NEW YORK ( TheStreet) - Starbucks is about to post its fiscal second-quarter results after market close on Thursday, but what Wall Street is really looking for on the call is more on what CEO Howard Schultz has to say about any of the company's growth initiatives, given that it aims to be a $100-billion market cap company.

TheStreet Foundation Launches to Boost Financial Literacy

thestreet.com — NEW YORK ( TheStreet) - has launched TheStreet Foundation, a non-profit organization which aims to support and expand financial literacy through investigative journalism and custom research. The Foundation was announced by Stephanie Link, TheStreet's chief investment officer, at the company's inaugural Newsmaker's conference in New York.

Why Starbucks' Digital Platform Will Be the Model for Retailers

thestreet.com — NEW YORK ( TheStreet) - There was no shortage of news coming from Starbucks earnings conference call on Thursday evening. One of the more interesting nuggets of information was surrounding Starbucks' digital platform. It's no secret that Starbucks is far ahead in not only the food and beverage industry but retailers in general (with few exceptions) when it comes to mobile and digital payments.
Why Starbucks' Digital Platform Will Be the Model for Retailers lnkd.in/d-42Dmt

Amazon Rises on Earnings Beat

thestreet.com — NEW YORK ( TheStreet) -- Shares of Amazon surged after the e-commerce giant posted results that were better than expected, as the company continues to be all things to all consumers. For the first-quarter, Amazon earned 23 cents a share on $19.74 billion in revenue, as net sales increased 23% year-over-year.

Apple's Stock Split Is Gift to Retail Investors

thestreet.com — NEW YORK ( TheStreet) -- Contrary to financial theory, Apple's 7-for-1 stock split has the potential to increase the company's valuation. Apple announced the 7-for-1 split Wednesday, at the same time it said it had increased its stock buyback authorization to $90 billion from the $60 billion announced last year.

Alstom Says 'Not Informed' of Imminent GE Offer

thestreet.com — NEW YORK ( The Deal) -- French power-to-transport conglomerate Alstom on Thursday said it was not aware of any potential takeover offer for the company but without spelling out whether any discussions were taking place with General Electric .
Opinion: No way GE wants the whole thing RT @TheStreet: Alstom Says 'Not Informed' of Imminent $GE Offer trib.al/hu77kxh

Zynga Proves It's Positioned For Profits

thestreet.com — NEW YORK ( TheStreet) -- Quarter by quarter, Zynga is destroying the short-seller bear thesis. Shares in the game maker were recently trading around $4 Thursday, down 4% but up 11% for the year to date after reporting better-than-expected earnings. Based on the latest earnings report, I maintain my strong bull bias.

Can Amazon Remain Immune to Mother Nature?

thestreet.com — NEW YORK ( TheStreet) -- Amazon reports first-quarter earnings tonight after the close, and investors will be looking forward to hear if the weather impacted the company's results, as it did with other retailers and e-commerce partner UPS , or if Amazon remained immune to Mother Nature.

Janet Lynne Guyon Appointed as Editor in Chief of TheStreet.com

investor-relations.thestreet.com — NEW YORK, April 24, 2014 /PRNewswire/ -- Today, TheStreet, Inc. (NASDAQ:TST) Chairman, President, and CEO, Elisabeth DeMarse, announced the appointment of Janet Lynne Guyon as Editor in Chief of TheStreet.com website. Guyon joins TheStreet from Investopedia, where she has served as Managing Editor.

How Yuengling and Schell's Became Craft Beer

thestreet.com — PORTLAND, Ore. ( TheStreet) -- If your brewery brewed beer with maize when it opened because it was the best option available, somehow managed to survive Prohibition and avoided being bought out by the bigger breweries afterward, should it be considered craft? For years, the Brewers Association craft beer industry group has said no.
RT @CountryRoadsAle: Via @TheStreet "How Yuengling and Schell's Became Craft Beer" bit.ly/1iR7WgU Interesting read on evolution of #craftvscrafty debate.
RT @jspeedymorris22: "How Yuengling and Schell's Became Craft Beer" bit.ly/1mDycw4 ? is Yuengling a #CraftBeer
RT @brewmanity: How Yuengling and Schell's Became Craft Beer bit.ly/1iR7WgU #craftbeer I'll leave it to my palate to make the distinction.
Surviving Prohibition wasn't enough. How @Yuengling_beer and @Schellsbrewery Became #CraftBeer thestreet.com/story/12673031… @TheStreet

Amazon Unveils Prime Pantry Online Grocery Store

thestreet.com — NEW YORK ( TheStreet) -- Amazon unveiled its brand new online grocery shopping service, known as Prime Pantry, which Amazon describes as a place to take advantage of "Low-priced essentials in everyda y sizes, delivered to your home." Amazon shares were gaining 1.65% to $329.95 in early New York trading.
@TheStreet: Amazon Unveils Prime Pantry Online Grocery Store trib.al/RcBGpOY” Best company ever. (Along with Apple).

FCC's New Rule Shouldn't End Net Neutrality

thestreet.com — NEW YORK ( TheStreet) -- Net-neutrality advocates are up in arms over a proposed Federal Communications Commission rule they say will destroy the open Internet. The FCC says it's doing no such thing. It's likely the FCC is right. Net neutrality refers to the principle that all traffic on the Internet should receive equal treatment.
Net Neutrality Is Not Dead thestreet.com/story/12681257… Don't let Netflix fool you. Peering merely has to adjust to the realities of video.