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Full Court Finance

Ben Rains takes on the weeks top trending stories in the sports industry
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Oct 14, 2016

On today’s episode of the Zacks Friday Finish Line podcast, Content Writer Ryan McQueeney and Editor Maddy Johnson take on this week’s biggest news from the investment and financial world.

The first story of the week included a resolution to the ongoing drama with Mylan (MYL) regarding its price hikes on the EpiPen. On Monday, shares of the controversy-ridden pharmaceutical company gained around 8.5% after settling to pay $465 million to the U.S. government over claims that it overcharged federal programs for the allergy medication.

Read more here: Mylan Stock Gains on $465 Million Settlement Over EpiPens

Maddy and Ryan also updated listeners about the current state of the Twitter (TWTR) buyout rumors. New reports indicate that several previously-interested suitors, including Salesforce (CRM), Alphabet Inc. (GOOGL), and Disney (DIS), are no longer interested in the company.

For all the latest on Twitter, check out: Face It, Twitter: They Just Weren't That into You

While Twitter may not have found a match, the hosts filled us on in the budding relationship between Tesla (TSLA) and SolarCity (SCTY). Tesla announced this week that shareholders will have an opportunity to vote on its proposed buyout of SolarCity next month.

Check out that full story here: Tesla & SolarCity Shareholders Set to Vote on Merger on Nov. 17

Finally, the featured story of the week surrounded the viewership of the most recent presidential debate. Interestingly enough, a new report indicated that YouTube’s livestream smashed the total television numbers for overall views. Twitter and Facebook (FB) also got into the action with livestreams of their own.

Maddy and Ryan talked about what this new surge in livestreaming means for the cord-cutting market. Is this just another death signal for traditional television? Should Netflix (NFLX) and Amazon (AMZN) be looking to add live events to their libraries?

Go here for more on this story: YouTube Crushes TV Debate Viewership

As always, thanks for checking out this week’s episode of the Zacks Friday Finish Line, and make sure to check back next week for even more news from the investment and financial world!

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