John Foley

Safe Harbor Financial (NASDAQ:SHFS) issued a $1.07 million secured credit facility to a Missouri-based cannabis operator, marking the first tranche in a larger $5 million commitment designed to refinance existing senior debt. The loan is backed by a portfolio including four dispensaries and a...

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It seems the recently announced CEO transition at Peloton Interactive Inc (NASDAQ: PTON) is off to a bumpy start. According to a CNBC report, an introductory meeting for the new CEO was crashed by former Peloton employees.  What Happened: Barry McCarthy, who formerly held...

Peloton Interactive, Inc. (NASDAQ: PTON) announced a leadership transition on Tuesday, along with restructuring measures as it grapples with slowing growth in a post-pandemic economy. An analyst at Wedbush is of the view the announcements set the stage for an eventual takeover of the company...

Connected fitness company Peloton Interactive (NASDAQ: PTON) reported second quarter financial results before market open Tuesday. The company also announced several management changes. Here are the key details. What Happened: Peloton reported second quarter revenue of $1.13 billion, up 6% year-...

Peloton Interactive Inc (NASDAQ: PTON) CEO John Foley on Thursday addressed what he called a “flurry of speculative articles” in the press regarding the company pausing production of its bike and treadmill products. What Happened: In a letter to his employees, first noted on Business...

Peloton Interactive Inc (NASDAQ: PTON) shares traded slightly higher in a down day for the market on Wednesday after the company announced a software update for its recalled treadmills. What Happened? Peloton has announced it is rolling out a software update for its Tread and Tread+ treadmills just...

Shares of Peloton Interactive Inc (NASDAQ: PTON) were under pressure after Apple Inc. (NASDAQ: AAPL) announced the launch date of its fitness service. What Happened: Apple's Fitness+, which the company first debuted in September, lets users watch and follow exercise routines on their...

Peloton Interactive Inc (NASDAQ: PTON) CEO John Foley was on CNBC Wednesday to discuss Apple’s (NASDAQ: AAPL) entry into the home fitness market. What Happened: Apple announced a subscription service, Apple Fitness+, at its annual September product event on Tuesday. Apple Watch users will be...

Peloton Interactive Inc (NASDAQ: PTON) analysts raised their price targets after the at-home exercise company issued its fourth-quarter report and guidance for fiscal year 2021.  The Peloton Analysts: MKM Partners analyst Rohit Kulkarni maintained a Neutral rating on Peloton and raised...

In its first-quarter 2020 Millennial 100 report, Apex Clearing, a full-suite of custody, clearing, and API solutions highlighted a massive spike in account openings across all generations. The rise in account openings came as market participants sheltered at home due to the COVID-19...