Karl Utermohlen

Karl Utermohlen

InvestorPlace Writer

Recent Articles

Kroger to Test Food Delivery Via Driverless Cars

By Karl Utermohlen, InvestorPlace Writer

Kroger (KR) is testing a food delivery service using driverless cars by partnering up with autonomous driving technology company Nuro.

Amazon Shakes Up Drugstore Industry With PillPack Deal

By Karl Utermohlen, InvestorPlace Writer

Amazon (AMZN) just gained nearly $20 billion in the pharmaceutical industry's market share after acquiring PillPack, while Walgreens, CVS and Rite Aid lost a combined $11 billion.

Walgreens Shares Sink After Amazon PillPack Deal

By Karl Utermohlen, InvestorPlace Writer

Walgreens (WBA) shares fell nearly 10% on Thursday following Amazon's (AMZN) decision to enter the pharmaceutical business by acquiring PillPack.

Rite Aid Stock Rises as Company Posts Q1 Revenue Beat

By Karl Utermohlen, InvestorPlace Writer

Rite Aid (RAD) reported its latest quarterly earnings results after hours Wednesday, posting revenue that topped Wall Street's consensus estimate.

Bed Bath and Beyond Stock Slides on Same-Store Sales Decline

By Karl Utermohlen, InvestorPlace Writer

Bed Bath and Beyond (BBBY) had an underwhelming quarterly earnings report as the company's same-store sales fell year-over-year.

Pier 1 Stock Declines on Q1 Revenue Miss

By Karl Utermohlen, InvestorPlace Writer

Pier 1 (PIR) Pier 1 (PIR) posted its fiscal 2019 first-quarter results, which topped analysts' earnings expectations but missed Wall Street's revenue estimates.

New on Netflix in July 2018: 25 New Netflix Movies

By Karl Utermohlen, InvestorPlace Writer

What's new on Netflix (NFLX) in July 2018? There are plenty of new offerings coming to the streaming service next month, including 'Happy Gilmore.'

World Wrestling Entertainment Stock Skyrockets on New TV Deals

By Karl Utermohlen, InvestorPlace Writer

World Wrestling Entertainment (WWE) stock was soaring more than 8% Wednesday as the company inked TV deals with Fox (FOX) and Comcast (CMCSA).

Why Cara Therapeutics Stock Is Soaring Today

By Karl Utermohlen, InvestorPlace Writer

Cara Therapeutics (CARA) shares were up more than 11% on Wednesday as the company received good news regarding its latest clinical trial.

RIP Richard Harrison: 10 Things About ‘The Old Man’ From ‘Pawn Stars’

By Karl Utermohlen, InvestorPlace Writer

Richard Harrison -- also known as "The Old Man" from 'Pawn Stars' -- passed away on Monday after a lengthy battle with Parkinson's Disease.

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