Karl Utermohlen

Karl Utermohlen

InvestorPlace Writer

Recent Articles

Ford Layoffs 2019: 8 Things to Know About the Upcoming Job Cuts

By Karl Utermohlen, InvestorPlace Writer

A new round of Ford layoffs is taking place as 500 workers were asked to clean their desks via a letter today. More jobs will be cut soon.

Sprint/T-Mobile Deal News: S Stock Skyrockets on Expected Approval

By Karl Utermohlen, InvestorPlace Writer

The Sprint/T-Mobile deal is getting much closer to being approved as the companies have agreed to a number of concessions. S stock is up 17%.

Monday Apple Rumors: iOS 12.4, UltraFine Display and Apple Watch News

By Karl Utermohlen, InvestorPlace Writer

In this week's Monday Apple rumors, the company seeded the second beta of its iOS 12.4, while some stores are carrying UltraFine displays.

Tesla News: Why TSLA Stock Is Tumbling Today

By Karl Utermohlen, InvestorPlace Writer

In the latest Tesla news, TSLA stock is sinking after it was found that a brand car's Autopilot was in use when a deadly crash occurred.

Fred’s Stores Closing 2019: 7 Things for Shoppers to Know

By Karl Utermohlen, InvestorPlace Writer

There are more than 100 Fred's stores that are shuttering their doors in the near future, which sent FRED store down nearly 5% on Friday.

Food Delivery News: Amazon to Invest in Uber Eats Rival Deliveroo

By Karl Utermohlen, InvestorPlace Writer

Amazon has reportedly announced that it will invest $575 million into the fast-food delivery service Deliveroo. AMZN stock is down today.

New Gucci ‘Trendy Turban’ Stirs Up Controversy

By Karl Utermohlen, InvestorPlace Writer

Gucci has released a controversial trendy turban on its website, which is selling for $800. Some deem the item to be culturally insensitive.

Dr. Reddy’s Laboratories Earnings: RDY Stock Dips Despite Q4 Beat

By Karl Utermohlen, InvestorPlace Writer

Dr. Reddy's Laboratories (RDY) reported its quarterly earnings results, which topped expectations, yet RDY stock declined more than 1% today.

RIP Grumpy Cat: 6 Grumpy Cat Memes to Remember the Popular Feline

By Karl Utermohlen, InvestorPlace Writer

We have compiled six Grumpy Cat memes in honor of one of the most popular pets on social media, who died at age 7 on the arms of her mommy.

Boot Barn Earnings: BOOT Stock Soars as Q4 EPS, Sales Top Guidance

By Karl Utermohlen, InvestorPlace Writer

Boot Barn unveiled its financial results today, reporting earnings that topped Wall Street's guidance, boosting BOOT stock late Thursday.

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