Karl Utermohlen

Karl Utermohlen

InvestorPlace Writer

Recent Articles

Facebook (FB) Stock Sinks as Revenue Misses Expectations

By Karl Utermohlen, InvestorPlace Writer

Facebook (FB) stock was down more than 7% after the bell Wednesday as the company reported its latest quarterly earnings results, which underwhelmed.

How the Maven Car Sharing App Gives General Motors (GM) an Upper Hand

By Karl Utermohlen, InvestorPlace Writer

The Maven car sharing app from General Motors (GM) offers the company a new revenue stream as it allows GM car owners to lease their vehicles.

SEC Decision on Direxion Bitcoin ETFs Postponed

By Karl Utermohlen, InvestorPlace Writer

The Securities and Exchange Commission (SEC) has postponed its review of the Direxion Bitcoin ETFs until September 21, according to a statement from the agency.

What You Should Expect From the New Chick-fil-A Meal Kits

By Karl Utermohlen, InvestorPlace Writer

Chick-fil-A meal kits will be rolled out as part of a test with options such as chicken flatbread, crispy dijon chicken, chicken parmesan and chicken enchiladas.

Why Nike (NKE) Is Giving 10% of Its Employees a Pay Raise

By Karl Utermohlen, InvestorPlace Writer

Nike (NKE) announced that the company is giving 10% of its employees a pay raise on Tuesday in order to be more competitive about its worker wages.

Deutsche Bank (DB) Hires Almost 800 Graduates in New Strategy

By Karl Utermohlen, InvestorPlace Writer

Deutsche Bank (DB) announced that the company is hiring almost 800 graduates as part of a new strategy as the company's second-quarter profit will top expectations.

Snapchat (SNAP) Joins Forces With LGBT News Site

By Karl Utermohlen, InvestorPlace Writer

Snapchat -- owned by Snap (SNAP) -- has joined forces with LGBT news site PinkNews to publish the site's content on the social media outlet.

Elon Musk, Artist Reach Settlement over Farting Unicorn Art

By Karl Utermohlen, InvestorPlace Writer

Elon Musk has reached a settlement with Colorado artist Tom Edwards over the artist's farting unicorn art that Tesla (TSLA) may have unfairly appropriated.

Princess Cruises Supersizes Its New Ship Orders

By Karl Utermohlen, InvestorPlace Writer

Princess Cruises announced on Monday that the company will roll out two new supersize vessels that will be more than 20% bigger than its current ships.

Overstock (OSTK) Buys Property Management Platform Houserie

By Karl Utermohlen, InvestorPlace Writer

Overstock (OSTK) announced that the company is acquiring the property management platform Houserie as it seeks to enter the real estate market.

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