Latest news with #JoeKelley
Globe and Mail
02-04-2025
- Business
- Globe and Mail
TipRanks' Acquires Main Street Data, Adding Unique Company KPI Data
TipRanks has acquired Main Street Data, or MSD, a visual-first equity research platform. MSD has unique data that no other platforms offer: Key KPI data on hundreds of publicly traded companies. This data gives brokers a powerful new tool of leading indicator insights to share with their more demanding clients. When combined with AI functionalities, the tool becomes even more powerful. Don't Miss Our End of Quarter Offers: Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks. Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter. The KPI data enables experienced investors to examine the key differentials between similar companies. For example, they can compare total subscribers on Netflix (NFLX) and Disney Plus (DIS), and then assess which stock is adding paid users the fastest. That could potentially reflect in a better-performing stock price. Example: Comparison between Netflix and Disneys' paid memberships. Furthermore, brokers can apply their AI tools (such as AI analyst or Chat) to interpret the KPI data and provide deeper insights. Demanding, high-net-worth clients will appreciate any and every edge, and this data certainly delivers a strong edge. TipRanks' newest acquisition empowers brokers with the ability to differentiate themselves by providing their clients with unprecedented KPI data that can help them stay in front of the market, better predicting stock movements both higher and lower. Uri Gruenbaum, CEO of TipRanks, said, 'Over the last two years we have seen strong demand from trading platforms for advanced research and tools to cater to their bigger clients. At the same time, there has also been increased demand for unique datasets for better AI applications. The acquisition of Main Street Data enables us to assist our enterprise clients with both needs. The unique Company KPI data and charting abilities of Main Street Data further position TipRanks as the leading research platform for non-institutional investors. We continually strive to enhance the user experience at TipRanks, and this acquisition is one more building block along that path.' Joe Kelley, Founder and CEO of Main Street Data, said, 'I'm thrilled to join the TipRanks team as we shape the future of investment research. I founded MSD with the goal of simplifying fundamental analysis and providing unique metrics. With TipRanks, we'll be able to offer unparalleled data, real-time news, and an exceptional user experience to a global audience. Our mission aligns seamlessly with TipRanks' goal: empowering everyday investors with the same insights as top financial institutions.'
Globe and Mail
01-04-2025
- Business
- Globe and Mail
TipRanks Expands Its Expertise with 'Main Street Data' Acquisition
TipRanks has further expanded its level of expertise with last week's acquisition of 'Main Street Data,' a groundbreaking website. Main Street Data (MSD) is a visual-first platform for the fundamental investor. It presents unique, user-friendly datasets that cannot be found on competitors' websites. Don't Miss Our End of Quarter Offers: Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks. Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter. One of the most prominent features of MSD is its customized KPIs (Key Performance Indicators) for any public company. The site provides relevant, up-to-date KPIs of 600 popular companies, giving investors invaluable data to help with their decision-making. For example, for Tesla (TSLA) stock, MSD provides quarterly, company-specific KPIs such as the total amount of Energy Storage Deployed, number of Vehicles Delivered, and number of Active Supercharger Stations opened. Having access to KPI data will allow professional investors to identify early success trends and compare companies based on industry KPIs alongside the companies' financials. Example: Tesla – number of Vehicles Delivered QoQ Additionally, MSD features exclusive charting abilities. Its users can easily create individual or comparison charts about a wide range of companies, drawing from popular metrics such as Cash Flow and Fundamental Ratios. Furthermore, they can chart each company's distinctive KPIs. For example, when charting Apple (AAPL) stock, they can add the distinctive KPI of Gross Profit by Type of Product. Example: Comparison between Netflix and Disneys' paid memberships. This KPI is one of the most prominent factors behind both stocks' recent movement. Integrating MSD's data with TipRanks' proprietary datasets creates an unparalleled experience for investors. It allows investors to benefit from better research and better AI solutions such as the AI Analyst. which TipRanks launched in March. Together, they provide everything needed for in-depth research into stocks and the companies behind them. Uri Gruenbaum, CEO of TipRanks, said, 'I am delighted to incorporate Main Street Data into TipRanks' top-level offerings. The unique company KPIs and charting abilities of Main Street Data further enhance TipRanks' successful efforts in leveling the playing field for everyday investors. We continually strive to enhance the user experience at TipRanks, and this acquisition is one more building block along that path.' Joe Kelley, Founder and CEO of Main Street Data, said, 'I'm thrilled to join the TipRanks team as we shape the future of investment research. I founded MSD with the goal of simplifying fundamental analysis and providing unique metrics. With TipRanks, we'll be able to offer unparalleled data, real-time news, and an exceptional user experience to a global audience. Our mission aligns seamlessly with TipRanks' goal: empowering everyday investors with the same insights as top financial institutions.'
Yahoo
18-02-2025
- Business
- Yahoo
King Soopers strike will end at midnight Monday; negotiations to restart
DENVER (KDVR) — UFCW Local 7, the union representing 10,000 grocery workers on strike at King Soopers across Colorado, announced Monday night that it secured a return-to-work settlement for the striking workers. According to the union, the settlement will allow the union to return to the bargaining table with Kroger, which owns King Soopers, while ensuring Kroger cannot implement any offer for at least 100 days and will not lock workers out during the return-to-work settlement. Union rejects negotiation agreement with King Soopers 'This will give us the time to ensure we get what we need to make a staffing proposal and take action to protect our retirees,' UFCW Local 7 said in a release sent Monday night. The union said the settlement also guarantees that no workers will lose healthcare in April 2025 'because of the employer's forced ULP (unfair labor practices) strike,' according to the Monday night release. Additionally, the union said this means Kroger's 'Last, Best and Final Offer' is no longer such. 'The Union and the Company are working to identify dates to return to the bargaining table and have agreed to spend the next 100 days focusing on trying to reach an agreement,' UFCW Local 7 said Monday night. King Soopers said the agreement reflects the company's appreciation for its associates and commitment to serving local families. Previous: Workers at these Denver area grocery stores will be on strike starting Thursday 'Our associates are more than just employees—they are the heart of King Soopers, and we recognize the challenges they have faced,' said Joe Kelley, president of King Soopers/City Market. 'Securing this agreement was about restoring certainty, not just for our business, but for the people who make it possible. It also ensures that eligible associates who were unable to meet hourly requirements due to the work stoppage will continue to receive their industry-leading, affordable healthcare coverage, fully funded by the Company to maintain continuity. We remain committed to securing a long-term contract that supports our associates, benefits our customers, and strengthens the communities we so proudly serve.' King Soopers said the union has committed to removing all picket lines and resuming normal business operations as of Feb. 19 from 6 a.m. to 11 p.m. Pharmacies will also reopen at usual times, the grocery giant said. The company said both parties 'agreed to a 100-day period of labor peace' to ensure good faith contract negotiations. 'Our focus remains on reaching a fair agreement that honors their hard work while ensuring we continue to provide fresh, affordable groceries for the families who rely on us. We appreciate their dedication and look forward to productive discussions in the weeks ahead,' Kelley said. The announcement comes after the union rejected a new proposal on Friday, citing concerns for workers' healthcare access. 'We have taken a big step forward and ensured that Kroger knows that staffing is a key concern to workers and customers alike,' said UFCW Local 7 President Kim Cordova in a provided statement. 'We will go back to the bargaining table and continue our fight for a fair union contract for us, our customers and the communities we serve. 'This strike was about thousands of everyday grocery store workers, collectively standing together and facing one of the largest corporations in America and saying ENOUGH. Our strike was just the beginning of this effort and elevated staffing in grocery stores to a national level with more workers and allies joining together. Just like our successful campaign to stop the mega grocery merger, we won't stop until we win Better Staffing and Better Stores for grocery store workers and customers.' King Soopers said prior to the strike that its offer would put more money into workers' paychecks while keeping grocery prices down. Meanwhile, UFCW Local 7 leaders said the offer 'failed to engage on the most important Union proposals.' In an update shared on Facebook to union members, UFCW Local 7 said it ensured Kroger 'knows that staffing is a key concern to workers and customers alike,' and said the strike was just the beginning of the union's fight for a fair contract. The strike impacted 77 Colorado stores and began on Feb. 6. It was scheduled to last two weeks, which would have concluded on Feb. 20. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
CBS News
18-02-2025
- Business
- CBS News
King Soopers, Colorado workers union reach return-to-work settlement to end strike in the state
Both King Soopers and UFWC Local 7, the union representing the workers on a labor stoppage, announced separately the strike has ended Monday night in Colorado. A return-to-work settlement was met between both parties. According to the Local 7 press release, negotiations will reconvene between the two parties, and, "UFCW Local 7 has secured a return-to-work settlement for all striking workers." The union said in its release verbatim the following terms have been agreed upon between King Soopers and Local 7 while negations continue: A return to the Bargaining Table with an agreement that Kroger cannot implement any offer for at least 100 days, and will not lock workers out during this time. This will give us the time to ensure we get what we need to make a staffing proposal and take action to protect our retirees A return-to-work with an agreement that provides for a guarantee that no worker will lose their healthcare for April 2025 because of the employer's forced ULP Strike An agreement by the Company that its January 16, 2025, offer is no longer a "Last, Best, and Final' offer. The Union and the Company are working to identify dates to return to the bargaining table and have agreed to spend the next 100 days focusing on trying to reach an agreement Both King Soopers and UFCW Local 7 shared full statements Monday night in response to the end of the strike -- what King Soopers is calling a "Return to Work and Peaceful Relations Agreement." "Our associates are more than just employees -- they are the heart of King Soopers, and we recognize the challenges they have faced," said Joe Kelley, President of King Soopers/City Market, in the King Soopers press release. "Securing this agreement was about restoring certainty, not just for our business, but for the people who make it possible. It also ensures that eligible associates who were unable to meet hourly requirements due to the work stoppage will continue to receive their industry-leading, affordable healthcare coverage, fully funded by the Company to maintain continuity. We remain committed to securing a long-term contract that supports our associates, benefits our customers, and strengthens the communities we so proudly serve." "We have taken a big step forward and ensured that Kroger knows that staffing is a key concern to workers and customers alike," said Kim Cordova, the president of UFCW Local 7, in the union's press release. "We will go back to the bargaining table and continue our fight for a fair union contract for us, our customers and the communities we serve. This strike was about thousands of everyday grocery store workers, collectively standing together and facing one of the largest corporations in America and saying ENOUGH. Our strike was just the beginning of this effort and elevated staffing in grocery stores to a national level with more workers and allies joining together. Just like our successful campaign to stop the mega grocery merger, we won't stop until we win Better Staffing and Better Stores for grocery store workers and customers."
Yahoo
18-02-2025
- Business
- Yahoo
King Soopers union talks stall over the weekend
(COLORADO) — According to King Soopers and the UFCW Local 7 union, negotiations over the Valentine's Day weekend stalled, though both are citing different reasons for the break down in communication. According to King Soopers, the company requested a peaceful relations agreement, which would potentially stop picketing activities while the union and the company resumed negotiations. However, the UFCW Local 7 union said that King Soopers was 'still withholding the necessary information that the union member bargaining team needs.' PREVIOUS COVERAGE: Judge partially rejects King Soopers' request for temporary restraining order against union The union alleged that the company's executives had backtracked on commitments they made in order for a return to the bargaining table, and therefore talks had stalled. King Soopers stated in a press release that the union had rejected its peaceful relations proposal, and suggested that workers could soon see a loss of healthcare coverage due to insufficient hours worked. 'We are deeply concerned about the consequences this decision will have on our associates, who could lose their healthcare and the certainty of a paycheck as a result of continueddisruptions,' said Joe Kelley, President of King Soopers/City Market. 'Rather than working toward a resolution that benefits our associates and customers, the Union is making unreasonable demands that only serve to delay progress, create uncertainty, and, critically, put our hardworking associates at risk of losing their healthcare.' The UFCW Local 7 union assured workers that it was working to ensure healthcare for its members for April. 'We had hopes that the past 24 hours might have led to a breakthrough, but that did not take place,' said Kim Cordova, President of UFCW Local 7. 'For now, the strike will continue, and we will remain strong and show solidarity with each other and stand up to the bullying tactics of King Soopers.' Stores in northern Colorado as well as Pueblo are currently on strike, though Colorado Springs stores have not yet been included in the strike. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
