Karl Utermohlen

InvestorPlace Writer

Recent Articles

Herbalife CEO Resigns Unexpectedly on Wednesday

By Karl Utermohlen, InvestorPlace Writer Jan 9, 2019

Herbalife CEO (HLF) Richard Goudis has resigned as he reportedly made comments that "were inconsistent with Herbalife Nutrition's standards."

Square News: Why SQ Stock Is Jumping Today

By Karl Utermohlen, InvestorPlace Writer Jan 9, 2019

In recent Square news, SQ stock is up more than 4% on Wednesday as the company has added a mobile payment option that businesses can accept.

State Street Layoffs: Senior Management Face Big Cuts

By Karl Utermohlen, InvestorPlace Writer Jan 9, 2019

The latest round of State Street layoffs (STT) will see 15% of its senior management be laid off in order to make its structure leaner.

Toyota Recall 2019: Air Bag Recall Expands EVEN More

By Karl Utermohlen, InvestorPlace Writer Jan 9, 2019

The latest Toyota recall has been expanded into 2019 as a total of 1.3 million vehicles are being recalled in the U.S. due to faulty Takata air bags.

Woodstock 50th Anniversary Festival: Lineup, Dates and Details

By Karl Utermohlen, InvestorPlace Writer Jan 9, 2019

The Woodstock 50th anniversary festival is happening and it will feature some of the legacy artists who performed at the original 1969 event.

VZ News: Verizon Stock Jumps on Upbeat Metrics

By Karl Utermohlen, InvestorPlace Writer Jan 8, 2019

Verizon stock (VZ) is up close to 3% Tuesday as the company forecast its fourth-quarter metrics, which are expected to top expectations.

UNP News: Why Union Pacific Stock Is Surging Today

By Karl Utermohlen, InvestorPlace Writer Jan 8, 2019

Union Pacific stock (UNP) is soaring over 8% on Tuesday as the company announced the hiring of Jim Vena as its new chief operating officer.

Kroger, Microsoft Team Up on Futuristic Grocery Store

By Karl Utermohlen, InvestorPlace Writer Jan 8, 2019

Kroger (KR) and Microsoft (MSFT) announced a partnership to rival Amazon's position in the grocery world with a high-tech grocery store.

New Starbucks Drinks 2019: Meet the Cinnamon Shortbread Latte

By Karl Utermohlen, InvestorPlace Writer Jan 8, 2019

The new year will bring with it new Starbucks drinks (SBUX) and the first one on tab is the cinnamon shortbread latte, which has brown butter.

VIDEO: Watch the Hyundai Walking Car in Action

By Karl Utermohlen, InvestorPlace Writer Jan 8, 2019

A Hyundai walking car was unveiled at the 2019 iteration of tech conference CES, displaying the futuristic vehicle walking in multiple modes.