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Under Armour Attributes Explosive Growth To 3 Athletes

Under Armour continues to grow at a rapid pace. On Thursday the company reported a 29% growth in revenues over the same period last year, leading to a 7.3% jump in the company’s stock price. This incredible growth has CEO Kevin Plank excited, and in a conference call about the earnings on Thursday he thanked three huge …

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Price of Gold Falls to Lowest Level in Five Years

Investors are running out of reasons to own gold. The price of the metal, which is often seen as a hedge against inflation and a weak dollar, has slumped to its lowest level in five years on Monday. The dollar has rallied in recent months, diminishing the allure of holding gold. The U.S. economy has …

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Cash Money Records Sues Jay Z’s Streaming Companies for $50 Million Over Lil Wayne Tracks

Rapper Lil Wayne’s label Cash Money Records has filed a $50 million lawsuit Thursday, July, 16, 2015, against Jay Z’s streaming companies, accusing them of violating their exclusive rights to Lil Wayne’s music. Cash Money Records, which has had rapper Lil Wayne, formally known as, Dwayne Michael Carter, under contract since 1998, says in court …

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Amazon Says Prime Day Sales Beat Last Year’s Black Friday

Amazon.com said customers around the world ordered 34.4 million items during its highly publicized Prime Day sale, breaking the previous record set by last year’s Black Friday sale. Amazon’s shares reached a record high of $473.21 on Thursday, a day after the online retailer held the one-day sale. The company also said a record number of new …

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