Karl Utermohlen

Karl Utermohlen

InvestorPlace Writer

Recent Articles

HP Layoffs 2018: Company to Cut Up to 5,000 Jobs

By Karl Utermohlen, InvestorPlace Writer

Another round of HP layoffs (HPQ) are happening as the tech company is reducing its workforce by up to 5,000 jobs by the end of fiscal 2019.

Amazon Grand Challenge: 7 Things to Know About the Secretive Group

By Karl Utermohlen, InvestorPlace Writer

The Amazon Grand Challenge (AMZN) is a secretive group that is on the cusp of innovation with services to improve health care and delivery services.

McHQ: McDonald’s Unveils New Chicago Headquarters

By Karl Utermohlen, InvestorPlace Writer

McDonald's Corporation (MCD) has rolled out its new Chicago headquarters as the company hopes to be closer to the country's foodie trends and competition.

Qatar Airways CEO Sparks Controversy With Sexist Statement

By Karl Utermohlen, InvestorPlace Writer

The Qatar Airways CEO is in hot waters after making a sexist statement that claimed women are not well-suited to run an airline such as his.

Hong Kong Parking Space Sells for a Whopping $760,000

By Karl Utermohlen, InvestorPlace Writer

A Hong Kong parking space just sold for $760,000, making it more than three times as expensive as the average apartment per square foot.

HD Supply Holdings Inc Shares Pop on Pleasing Q1 Earnings

By Karl Utermohlen, InvestorPlace Writer

HD Supply Holdings Inc (HDS) shares were up nearly 4.5% after the company reported its latest quarterly earnings results, which impressed analysts.

Why Carnival Corp Stock Is Getting Clipped Today

By Karl Utermohlen, InvestorPlace Writer

Carnival Corp (CCL) shares were sliding Tuesday because of a warning from Morgan Stanley (MS) analysts regarding possible weakness in the coming quarters.

New Starbucks Pink Drink: Serious Strawberry Frappuccino Added to Menu

By Karl Utermohlen, InvestorPlace Writer

Starbucks (SBUX) debuted its new Serious Strawberry Frappuccino, a beverage with strawberry puree that is being added to its permanent menu.

Ascena Retail Group Inc Stock Sinks on Weak Earnings Outlook

By Karl Utermohlen, InvestorPlace Writer

Ascena Retail Group Inc (ASNA) stock fell more than 11% after the bell on the company's weak earnings outlook for its fourth quarter of fiscal 2018.

Walmart Sells Majority Stake in its Brazil Business

By Karl Utermohlen, InvestorPlace Writer

Walmart (WMT) announced that it has sold a majority 80% stake of its Brazil business as the retailer's business has been underperforming in the nation.

Load More