Karl Utermohlen

Karl Utermohlen

InvestorPlace Writer

Recent Articles

Marijuana News: Diageo Seeking Partner for Cannabis Drinks?

By Karl Utermohlen, InvestorPlace Writer

In the latest marijuana news, Diageo is seeking a partner that it could potentially work with to create pot-infused drinks. The company is talking to three weed producers.

Procter & Gamble Tries to Trademark LOL, WTF and More

By Karl Utermohlen, InvestorPlace Writer

Procter & Gamble (PG) announced that they are trying to trademark LOL, WTF, FML and NBD as they seek to make their products more appealing to the youth.

Lyft Offering Free Ride to Vote on Election Day

By Karl Utermohlen, InvestorPlace Writer

Lyft said today that it will be offering a free ride to people who vote on election day for the midterm elections, which will take place on November 6 this year.

Eventbrite IPO: 7 Things for Investors to Know

By Karl Utermohlen, InvestorPlace Writer

An Eventbrite IPO is in the horizon as the company has filed for an initial public offering of $200 million, which it plans to raise from selling Class A shares.

Gap Earnings: Q2 Revenue Grows 8% but Stock Declines

By Karl Utermohlen, InvestorPlace Writer

Gap earnings (GPS) were stronger than analysts were calling for but its shares fell as its Gap comps were down about 5% compared to the year-ago quarter.

Ross Stores Stock Declines on Meek Q3 and Q4 Outlook

By Karl Utermohlen, InvestorPlace Writer

Ross Stores stock (ROST) was down more than 4% after the bell Thursday as the company reported strong second-quarter earnings but a weak guidance.

HPQ Earnings: Stock Dips Despite Q3 Earnings, Revenue Beat

By Karl Utermohlen, InvestorPlace Writer

HP (HPQ) unveiled its third-quarter results on Thursday after the bell, posting an earnings and revenue beat but its shares fell late in the day.

IBM Patents Coffee Delivery Drone That Uses an “Unspooling String”

By Karl Utermohlen, InvestorPlace Writer

IBM (IBM) has patented a coffee delivery drone that uses an "unspooling string" to bring coffee to people who appear to be tired based on their body language.

Cancun Travel Warning 2018: What U.S. Travelers Should Know

By Karl Utermohlen, InvestorPlace Writer

The U.S. State Department has issued a Cancun travel warning after eight bodies were found on the streets of the Mexican city. Violent crimes are common there.

Cheddar’s Data Breach: What Customers Should Know About the Hack

By Karl Utermohlen, InvestorPlace Writer

There have been reports of a potential Cheddar's data breach that may have exposed the personal credit card information of more than half a million customers.

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