Shares of big employers in the Boulevard Stock Portfolio, ranked by weekly performance at today’s closing price, with the S&P 500 index for comparison.
Day: May 6, 2016
Boulevard reviews the latest media coverage of the Oscar-winning Louisville native in our exclusive Jennifer Lawrence Diary™. Today’s news, rated on a scale of 1-5 stars:
What?! Fashion site Racked tees up a comparison between Lawrence and ancient-at-35 celebutante Paris Hilton, tying the two with a “Black Swan” movie analogy for their separate public appearances in New York City Wednesday night — and how they dressed. To wit:
“Enter America’s potty-mouthed sweetheart Jennifer Lawrence who, just across town that same night, hit up a VICELAND screening of Gloria Steinem’s Woman in a black bustier-topped Oscar de la Renta dress and a sheer lace skirt. Sexy! See-through! Similarly ballerina-inspired! I bet she even ordered a burger afterwards, because that’s totally a Black Swan move.”
One star, just for comparing Lawrence to Hilton.
“I visited Apple in the Steve Jobs era while I was president of Taco Bell and showed some people the latest restaurant design at the time. Their comment was that we had too much going on and had lost the brand’s essence. As a result, we took a step back and simplified Taco Bell’s restaurant design.”
— Yum CEO Greg Creed, speaking to Fox Business.
The Kentucky Supreme Court ordered NBA star Kenneth Faried to pay $4,250 a month child support for a daughter he fathered while playing at Morehead State University.
The 26-year-old Denver Nuggets forward has been pulling down $60 million over a four-year contract extension signed in 2014, according to The Courier-Journal. But he argued through his attorney that it was unfair to require him to pay for a lifestyle his daughter does not have.
The CJ says it was the first case of its kind in Kentucky. Faired’s daughter, Kyra, now 5 years old, lives with her mother in Owingsville, Ky., where her mother earns $1,050 a month at a gas station. The verdict, at $4,250 a month, would cost the player $51,000 a year.
A news summary, with a special focus on big Louisville employers; updated 1:10 p.m.
HUMANA is dropping individual insurance products in at least four states (Business First).
KROGER is dropping a controversial plan to change the way alcohol companies get their products onto its store shelves (Business Courier).
PIZZA HUT: Reviewers taste-tested the new bacon- and cheese-stuffed crust. The verdict: mixed, with the biggest complaint being it was “too greasy and heavy” (BusinessInsider).
TACO BELL and Snapchat teamed up for a special Cinco de Mayo promotion yesterday (AdWeek).
In other news, U.S. stocks slipped on a weaker-than-expected monthly jobs report (Reuters and Google Finance). Among big local employers, Kindred fell the most, recently trading for $13.11, down 2.5%.