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LTEA

Ticker changed to LBCC

$5.10

0.61 (13.59%)

, SSC

Ideanomics

$4.61

-0.17 (-3.56%)

13:58
01/02/18
01/02
13:58
01/02/18
13:58

Long Blockchain Corp. continues meteroic rise after adding board members

Shares of Long Blockchain Corp. (LTEA) are jumping today after announcing earlier that it has appointed two new members to its board. NEW DIRECTORS: Long Blockchain Corp., formerly Long Island Iced Tea Corp., announced earlier today the appointment of Shamyl Malik, Global Head of Trading at Voltaire Capital, and Som Ghosh, a technology entrepreneur with experience in blockchain technology, to its board of directors. These appointments are nominees of the lender in the company's recently announced convertible debt facility and are consistent with the company's previously announced plan to shift its primary corporate focus towards blockchain technology. SHIFT TO DIGITAL CURRENCY TECHNOLOGY: On December 21, the former Long Island Iced Tea said it is shifting its primary corporate focus towards the exploration of and investment in opportunities that leverage the benefits of blockchain technology. In connection with the shift in strategic direction, the company announced it was changing its name Long Blockchain Corp. The company said at the time that it will continue to operate Long Island Brand Beverages as a wholly-owned subsidiary and maintain the focus of this business on the ready-to-drink segment of the beverage industry. BLOCKCHAIN MANIA: In late December, Seven Stars Cloud Group (SSC) announced a 27% purchase of The Delaware Board of Trade Holdings, a blockchain-based alternative trading system fully licensed by the SEC, for 1,627,869 shares of SSC common stock. Additionally, on December 15, Longfin (LFIN) announced the acquisition of Ziddu.com, a blockchain-empowered solutions provider that offers microfinance lending against collateralized warehouse receipts in the form of Ziddu Coins. A Ziddu Coin is a smart contract that enables SMEs, processors, manufacturers, importers and exporters using cryptocurrencies across continents. Following the announcement, shares of Longfin rose. On October 4, Bioptix announced it was changing its name to Riot Blockchain (RIOT) in line with a shift in direction to become a strategic investor and operator in the blockchain ecosystem with a focus on bitcoin and Ethereum. BECOMING WORRISOME: According to December 21 Reuters article, Michael Antonelli, managing director at Robert W. Baird in Milwaukee, said, "There's been a continued surge of crypto headlines. It's gotten more worrisome as more companies have changed their names. It's the kind of stuff you saw back in the dot-com era." PRICE ACTION: Shares of Long Blockchain Corp. are up 19% to $6.07 per share in afternoon trading.

LTEA

Ticker changed to LBCC

$5.10

0.61 (13.59%)

SSC

Ideanomics

$4.61

-0.17 (-3.56%)

LFIN

Longfin

$56.30

1.05 (1.90%)

TODAY'S FREE FLY STORIES

TST

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-0.05 (-2.40%)

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AL

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$35.79

-0.49 (-1.35%)

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BA

Boeing

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0.9 (0.25%)

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UVSP

Univest

$22.87

0.18 (0.79%)

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LOB

Live Oak Bancshares

$15.40

-0.07 (-0.45%)

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XLNX

Xilinx

$89.55

-0.89 (-0.98%)

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OHRP

Ohr Pharmaceutical

$0.12

-0.0035 (-2.79%)

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TRMK

Trustmark

$30.50

0.22 (0.73%)

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CNS

Cohen & Steers

$36.95

0.24 (0.65%)

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ADXS

Advaxis

$0.32

-0.0283 (-8.16%)

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AVLR

Avalara

$39.72

-0.38 (-0.95%)

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SLM

Sallie Mae

$9.49

0.1 (1.07%)

16:34
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Earnings
Sallie Mae sees FY19 EPS $1.22-$1.26, consensus $1.21 »

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BXS

BancorpSouth

$28.54

-0.13 (-0.45%)

16:33
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Earnings
BancorpSouth reports Q4 EPS 47c, consensus 55c »

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SLM

Sallie Mae

$9.49

0.1 (1.07%)

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Earnings
Sallie Mae reports Q4 adjusted EPS 33c, consensus 27c »

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CATY

Cathay General

$37.28

0.12 (0.32%)

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Cathay General reports Q4 EPS 80c, consensus 80c »

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CHRA

Charah Solutions

$6.97

0.19 (2.80%)

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CHRA

Charah Solutions

$6.97

0.19 (2.80%)

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IBM

IBM

$132.89

10.55 (8.62%)

, UTX

United Technologies

$117.08

5.85 (5.26%)

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On The Fly
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IBM

IBM

$132.89

10.55 (8.62%)

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$117.08

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PG

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CMCSA

Comcast

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1.71 (4.86%)

CMCSK

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$0.00

(0.00%)

VZ

Verizon

$57.77

0.78 (1.37%)

ORCL

Oracle

$49.25

0.29 (0.59%)

VIPS

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ARAY

Accuray

$4.41

0.44 (11.08%)

WAT

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TSLA

Tesla

$287.41

-11.39 (-3.81%)

COF

Capital One

$78.19

-5.19 (-6.22%)

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BGG

Briggs & Stratton

$13.73

-0.46 (-3.24%)

16:31
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Earnings
Briggs & Stratton cuts FY19 EPS view to $1.10-$1.30 from $1.40-$1.60 »

Consensus $1.44. Cuts…

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  • 24

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Options
Preliminary option volume of 17.0M today »

Preliminary option volume…

BGG

Briggs & Stratton

$13.73

-0.46 (-3.24%)

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Earnings
Briggs & Stratton reports Q2 adjusted EPS 20c, consensus 25c »

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  • 24

    Jan

PTC

PTC

$84.73

-1.14 (-1.33%)

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  • 23

    Jan

STL

Sterling Bancorp

$18.29

-0.14 (-0.76%)

16:29
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Earnings
Sterling Bancorp reports Q4 EPS 52c, consensus 50c »

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  • 24

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CMRE

Costamare

$4.82

0.015 (0.31%)

16:29
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01/23
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Earnings
Costamare reports Q4 EPS 12c, consensus 10c »

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