Shares of Socket Mobile Inc. undefined skyrocketed 251.9% on very heavy volume toward a more than 13-year high in morning trading Tuesday, to pace all gainers on major U.S. exchanges, after the mobile data capture company unveiled its new DuraSled offering, which is an enterprise-grade barcode scanner for Apple Inc.'s undefined iPhone 12s. Trading volume spiked to more than 75 million shares, compared with the full-day average over the past 30 days of about 256,000 shares. The company said employers can now support workers who use the iPhone 12 series of mobile phones. "The DuraSled turns your iPhone into a one-handed solution that combines the versatility of the iPhone and the power of an enterprise-grade scanner," said SocketMobile Senior Product Manager Vanessa Lindsay. The latest data showed that short interest as a percent of public float was 0.9%. The stock, which which is trading at the highest levels seen since October 2007, has soared 373.0% over the past three months, while the S&P 500 undefined has gained 8.9%.
‘I have worked very hard for everything I have. I take pride in the fact that I’ve overcome a lot of adversity to be where I am now, and I’m happy with my finances.’
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Marriott International Inc. undefined said Tuesday that its Chief Executive and President Arne Sorenson died unexpectedly on Sunday. Sorenson had disclosed in May of 2019 that he had been diagnosed with pancreatic cancer and on Feb. 2, said he would be taking time off to allow for more aggressive treatment. "Mr. Sorenson became the third CEO in Marriott's history in 2012, and the first without the Marriott surname," the hotel group said in a statement. "A visionary leader, Mr. Sorenson put the company on a strong growth trajectory that included the $13-billion acquisition of Starwood Hotels & Resorts." The company said the two executives who were tapped to run the business during Sorenson's treatment, Stephanie Linnartz, group president, consumer operations, technology and emerging businesses, and Tony Capuano, group president, global development, design and operations services, will continue to run it until the board appoints a new CEO, which is expected within one to two weeks.
Shares of Southwest Airlines Co. undefined rose 1.1% in premarket trading Tuesday, after the air carrier disclosed its operations update for January and provided a February outlook that showed further improvement. The company said operating revenue for January was down 66% from a year ago, compared with its previous estimate of down 65% to 70%. Southwest kept is February estimate at a decline of 65% to 70% and introduced a March estimate of down 20% to 30%. Load factor was 53% in January, within its guidance range of 50% to 53%, but it raised its February guidance range to 60% to 65% from 50% to 55%. Southwest reiterated its estimate for capacity to decline 35%. Southwest said that while it continues to experience "significant year-over-year negative impacts" due to the COVID-19 pandemic, it has recently experienced "an improvement in leisure passenger demand and bookings" in February, compared with previous estimates. Business travel demand remains depressed, the company said. The average daily cash burn rate for January was $15 million, and Southwest lowered its first-quarter outlook to $15 million from $17 million. The stock has rallied 12.6% over the past three months through Friday, while the U.S. Global Jets ETF undefined has advanced 12.7% and the S&P 500 undefined has gained 8.5%.
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‘We dug trenches, poured concrete foundations, and worked to build our house; they hired contractors. They traded in cars frequently; we ran ours into the ground.’
'It’s been bizarre with this recession to see credit scores go up.'
| 30 yr fixed Jumbo | 2.89% |
| 30 yr fixed | 2.86% |
| 15 yr fixed | 2.34% |
| 10 yr fixed | 2.27% |
| 30 yr fixed refi | 2.89% |
| 15 yr fixed refi | 2.36% |
| 5/1 ARM | 2.94% |
| 5/1 ARM refi | 2.99% |
| $30K HELOC | 1.99% |
| $50K HELOC | 5.00% |
| $75K HELOC | 1.99% |
| $100K HELOC | 5.00% |
| $30K Home Equity Loan | 5.24% |
| $50K Home Equity Loan | 3.74% |
| $75K Home Equity Loan | 3.74% |
| $100K Home Equity Loan | 4.12% |
| 5 yr CD | 0.47% |
| 2 yr CD | 0.39% |
| 1 yr CD | 0.36% |
| MMA $10K+ | 0.11% |
| MMA $50K+ | 0.16% |
| MMA Savings | 0.09% |
| MMA Savings Jumbo | 0.18% |
| 60 Mo Used Car | 4.34% |
| 48 Mo Used Car | 4.61% |
| 36 Mo Used Car | 4.59% |
| 72 Mo New Car | 4.21% |
| 60 Mo New Car | 4.22% |
| 48 Mo New Car | 4.02% |
| 60 Mo Auto Refi | 4.50% |
| 36 Mo Auto Refi | 4.25% |
Quentin Fottrell answers your questions about inheritance, tipping, weddings, re-gifting, or any tricky money issues relating to family and friends. Have a question? Send it to the Moneyist.
Real-estate experts warn that buyers could encounter costly pitfalls if they purchase a home directly from the seller.
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Formed in 2009, the Archive Team (not to be confused with the archive.org Archive-It Team) is a rogue archivist collective dedicated to saving copies of rapidly dying or deleted websites for the sake of history and digital heritage. The group is 100% composed of volunteers and interested parties, and has expanded into a large amount of related projects for saving online and digital history.
