In her first public appearance since her unceremonious ouster as executive editor of The New York Times last Wednesday, Abramson was masterful Monday as she gave the commencement address at Wake Forest University.
Over the weekend, Times publisher Arthur Sulzberger Jr., very much on the defensive for the way he pushed Abramson out the door, was harshly critical of the woman he chose less than three years ago to run the newsroom of the nation's preeminent news outlet.
"I concluded that her management of the newsroom was simply not working out," he said in a statement. "During her tenure, I heard repeatedly from her newsroom colleagues, women and men, about a series of issues, including arbitrary decision-making, a failure to consult and bring colleagues with her, inadequate communication and the public mistreatment of colleagues."
10 Best Regional Bank Stocks For 2015: Datalink Corporation(DTLK)
Datalink Corporation data center solutions and services to mid and large-size companies in the United States. It engages in assessing, designing, deploying, and supporting infrastructures, such as servers, storage, and networks; and reselling hardware and software from original equipment manufacturers. The company?s portfolio of solutions and services comprise consolidation and virtualization services; data storage and protection services, including local and remote backup, disaster recovery, archive, and compliance services; advanced network infrastructure services that includes assessment, design, and deployment of network infrastructures; and business continuity and disaster recovery solutions. It also offers a suite of practice-specific consulting, analysis, design, implementation, management, and support services. Datalink Corporation was founded in 1958 and is headquartered in Chanhassen, Minnesota.
Advisors' Opinion:- [By Tess Stynes var popups = dojo.query(".socialByline .popC"); popups.forEach(fu]
Data-center infrastructure and services provide Datalink Corp.(DTLK) posted results for the first three months of the year that badly missed expectations and also provided an outlook for the current quarter below consensus. Shares fell 21% to $10 premarket.
- [By Lauren Pollock]
Datalink Corp.(DTLK), a provider of data-center infrastructure and service, boosted its fourth-quarter earnings outlook amid expectations that its revenue will be stronger than previously anticipated. Shares surged 31% to $14.20 premarket.
Hot Defensive Stocks To Own For 2014: Wynn Resorts Limited(WYNN)
Wynn Resorts, Limited, together with its subsidiaries, engages in the development, ownership, and operation of destination casino resorts. The company owns and operates Wynn Las Vegas casino resort in Las Vegas, which includes approximately 22 food and beverage outlets comprising 5 dining restaurants; 2 nightclubs; 1 spa and salon; 1 Ferrari and Maserati automobile dealership; wedding chapels; an 18-hole golf course; meeting space; and foot retail promenade featuring boutiques. Wynn Las Vegas casino resort also features approximately 147 table games, 1 baccarat salon, private VIP gaming rooms, 1 poker room, 1,842 slot machines, and 1 race and sports book. It also owns and operates an Encore at Wynn Las Vegas resort, a destination casino resort located adjacent to Wynn Las Vegas that features a 2,034 all-suite hotel, as well as a casino with 95 table games, 1 sky casino, 1 baccarat salon, private VIP gaming rooms, and 778 slot machines. In addition, the company operates Wyn n Macau casino resort located in the Macau Special Administrative Region of the People?s Republic of China. Wynn Macau casino resort features approximately 595 hotel rooms and suites, 410 table games, 935 slot machines, 1 poker room, 1 sky casino, 6 restaurants, 1 spa and salon, lounges, meeting facilities, and retail space featuring boutiques. Further, it operates Encore at Wynn Macau resort located adjacent to Wynn Macau. Encore at Wynn Macau resort features approximately 410 luxury suites and 4 villas, as well as casino gaming space, including a sky casino consisting of 60 table games and 80 slot machines, 2 restaurants, 1 luxury spa, and retail space. The company was founded in 2002 and is based in Las Vegas, Nevada.
Advisors' Opinion:- [By Paul Ausick]
In the U.S., casinos with significant exposure to Macau are also taking a hit. Las Vegas Sands is down the least, at about 1.3% at the noon hour Tuesday. MGM Resorts International (NYSE: MGM) is down nearly 2%, Wynn Resorts Ltd. (NASDAQ: WYNN) is down about 2.6%, and Melco Crown Entertainment Ltd. (NASDAQ: MPEL) is down about 4.5%.
- [By John Kell]
Wynn Resorts Ltd.(WYNN) said its fourth-quarter profit rose 92%, fueled by revenue gains from the company’s casino operations in Macau. Shares edged up 2.6% to $206.78 premarket.
- [By Lawrence Meyers]
Finally, if you��e smoking and drinking coffee, you may as well belly up to the craps table at Wynn Resorts (WYNN).
It�� not an addiction pure play, because Wynn relies on both its hospitality segment as well as its gaming segment. So in that regard, you can just say you are protecting your addiction play with diversification. WYNN stock is the world-class name here. Things were looking a little ragged for awhile for all the gaming stocks, but Macau has really juiced everyone�� fortunes.
Hot Defensive Stocks To Own For 2014: Rent-A-Center Inc.(RCII)
Rent-A-Center, Inc., together with its subsidiaries, primarily engages in leasing household durable goods to customers on a rent-to-own basis. The company?s stores offer durable products, such as consumer electronics, appliances, computers, and furniture and accessories under flexible rental purchase agreements that allow the customer to obtain ownership of the merchandise at the conclusion of an agreed upon rental period. It also provides merchandise on an installment sales basis in its stores. As of December 31, 2010, the company operated 3,008 company-owned stores in the United States, and in Canada, Puerto Rico, and Mexico, including 42 retail installment sales stores under the names ?Get It Now? and ?Home Choice?; and 18 rent-to-own stores located in Canada under the ?Rent-A-Centre? name. It also operates 209 franchised rent-to-own stores in 32 states under the ColorTyme trade name; and 384 kiosk locations under the ?RAC Acceptance? model. In addition, the company, th rough its ColorTyme?s franchised stores, offers custom rims and tires for sale or rental under the trade names ?RimTyme? or ?ColorTyme Custom Wheels?. Rent-A-Center, Inc. was founded in 1986 and is headquartered in Plano, Texas.
Advisors' Opinion:- [By Garrett Cook]
Rent-A-Center (NASDAQ: RCII) shares tumbled 12.42 percent to $25.45 after the company issued a downbeat guidance for the second quarter. The company expected adjusted earnings of $0.36 to $0.38 per share on revenue of around $773 million.
- [By Garrett Cook]
Rent-A-Center (NASDAQ: RCII) shares tumbled 11.08 percent to $25.83 after the company issued a downbeat guidance for the second quarter. The company expected adjusted earnings of $0.36 to $0.38 per share on revenue of around $773 million.
Hot Defensive Stocks To Own For 2014: Washington Banking Company(WBCO)
Washington Banking Company operates as the bank holding company for Whidbey Island Bank that provides community commercial banking services in northwestern Washington. Its deposit products include interest-bearing demand and money market accounts, saving deposits, time deposits, NOW accounts, and noninterest-bearing demand deposits. The company?s portfolio of loans comprises secured and unsecured commercial loans for working capital and expansion; real estate mortgage loans, including one-to-four family residential and commercial real estate loans; and real estate construction loans, such as commercial real estate, one-to-four family residential construction, and speculative construction loans. Its consumer loan portfolio include automobile loans, boat and recreational vehicle financing, home equity and home improvement loans, and other secured and unsecured personal loans, as well as SBA guaranteed loans for small and medium sized businesses. In addition, the company pro vides non-deposit managed investment products and services, and sweep investment options. As of December 31, 2010, it operated 30 branches in 6 counties located in northwestern Washington. The company was founded in 1996 and is based in Oak Harbor, Washington.
Advisors' Opinion:- [By Eric Volkman]
Washington Banking (NASDAQ: WBCO ) is diverting some of its capital to repurchase its own stock. The company announced that its board has authorized a buyback program for up to 775,000 shares. The program is expected to continue through the end of 2014, although the firm stressed that it "is under no obligation to repurchase a specific number or dollar amount of shares and the repurchase program may be discontinued at any time."
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