Microsoft fired roughly 20 employees for sexual harassment complaints filed in the course of a single year, according to a memo from the company’s top human resources executive.
Kathleen Hogan, Microsoft’s (MSFT) chief people officer, told employees on Thursday that the company received 83 sexual harassment claims in the United States from July 2016 through June 2017.
“Nearly 50% were found to be supported in part or in full following the investigation, and more than half of these resulted in termination of an employee who engaged in unacceptable behavior,” Hogan wrote in the memo to all employees.
The new details in the memo are an attempt to push back against the idea that Microsoft doesn’t take harassment and discrimination complaints seriously enough, after unflattering claims were made public in a court document this week.
The documents, from a lawsuit filed by a former employee, alleged that women at Microsoft filed 238 complaints about harassment and discrimination with the company’s HR department between 2010 and 2016.
Top 5 Undervalued Stocks To Own Right Now: 2U, Inc.(TWOU)
2U, Inc. provides cloud-based software-as-a-service (SaaS) solutions for nonprofit colleges and universities to deliver education to qualified students. Its cloud-based SaaS platform solutions include online campus, an online learning platform that enables its clients to offer educational content together with instructor-led classes in a live, intimate, and engaging setting through proprietary Web-based and mobile applications; and content management system, which enables its clients to author, review, and deploy asynchronous content into their online programs. The companys cloud-based SaaS platform solutions also comprise admissions application processing portal that automates the online application process for prospective students of its clients’ programs; and customer relationship management deployments, which serve as the data hub for scheduling, student acquisition, student application, faculty admissions review, enrollment, and student support for each program. In addition, it offers a suite of technology-enabled services, including content development and student acquisition, as well as state authorization services, admissions application advising, student and faculty support, accessibility, and in-program student field placements that support the lifecycle of a higher education program. The company was formerly known as 2Tor Inc. and changed its name to 2U, Inc. in October 2012. 2U, Inc. was founded in 2008 and is headquartered in Landover, Maryland.
- [By Steve Symington]
Shares of 2U(NASDAQ:TWOU) jumped 29.6% in February, according to data fromS&P Global Market Intelligence, as the online education platform leader delivered strong fourth-quarter 2018 results.
- [By Travis Hoium, Matthew DiLallo, and Todd Campbell]
We asked three Motley Fool contributors for their favorite stocks to save for college and the answers ranged from education stocks to great dividend plays. Here’s why they think2U(NASDAQ:TWOU),Grand Canyon Education(NASDAQ:LOPE), and Brookfield Renewable Partners LP (NYSE:BEP)are ideal for college savers.
Top 5 Undervalued Stocks To Own Right Now: Cyclacel Pharmaceuticals Inc.(CYCC)
Cyclacel Pharmaceuticals, Inc., a development stage biopharmaceutical company, engages in the discovery, development, and commercialization of mechanism-targeted drugs to treat human cancers and other serious disorders. Its drugs in clinical development include orally-available Sapacitabine (CYC682), a cell cycle modulating nucleoside analog, which is in Phase III development for the treatment of acute myeloid leukemia in the elderly and in Phase II studies for myelodysplastic syndromes, and lung cancer; Seliciclib (CYC202 or R-roscovitine), a CDK (cyclin dependent kinase) inhibitor, which is in Phase II studies for the treatment of lung cancer and nasopharyngeal cancer and in a Phase I trial in combination with Sapacitabine; and CYC116, an Aurora kinase and VEGFR2 inhibitor, which is in Phase I in patients with solid tumors. The company, through its subsidiary, ALIGN Pharmaceuticals, LLC, markets directly Xclair Cream for radiation dermatitis, as well as Numoisyn Liquid a nd Numoisyn Lozenges for xerostomia in the United States. It focuses on hematology, oncology, and other therapeutic areas based on a portfolio of commercial products and a development pipeline of novel drug candidates. The company was founded in 1992 and is headquartered in Berkeley Heights, New Jersey.
- [By Ethan Ryder]
Shares of Cyclacel Pharmaceuticals Inc (NASDAQ:CYCC) shot up 7.5% during trading on Friday . The stock traded as high as $0.90 and last traded at $0.86. 1,753,743 shares traded hands during mid-day trading, an increase of 258% from the average session volume of 489,758 shares. The stock had previously closed at $0.80.
- [By Logan Wallace]
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Top 5 Undervalued Stocks To Own Right Now: Neuberger Berman MLP Income Fund Inc.(NML)
Neuberger Berman MLP Income Fund Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund seeks to provide total return with an emphasis on cash distributions. The Fund has assembled a portfolio that consists mainly of master limited partnerships (MLPs) and select companies that have economic characteristics substantially similar to MLPs. The portfolio management emphasizes natural gas-focused midstream MLPs and general partnerships. The Fund focuses on MLPs, many of which operate in the natural resources industry. Neuberger Berman Management LLC serves as the Fund’s investment manager and administrator and Neuberger Berman LLC serves as the Fund’s sub-adviser. Advisors’ Opinion:
- [By Logan Wallace]
Neuberger Berman MLP Income Fund Inc (NYSEAMERICAN:NML) declared a monthly dividend on Monday, October 1st, Wall Street Journal reports. Investors of record on Monday, December 17th will be given a dividend of 0.055 per share by the investment management company on Monday, December 31st. This represents a $0.66 dividend on an annualized basis and a dividend yield of 7.42%. The ex-dividend date is Friday, December 14th.
- [By Ethan Ryder]
New Millennium Iron Corp (TSE:NML)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as C$0.07 and last traded at C$0.07, with a volume of 21500 shares traded. The stock had previously closed at C$0.07.
Top 5 Undervalued Stocks To Own Right Now: Vermillion, Inc.(VRML)
Vermillion, Inc., together with its subsidiaries, discovers, develops, and commercializes diagnostic and bio-analytical solutions that help physicians diagnose, treat, and enhance outcomes for women. It is developing novel diagnostic tests for gynecologic disease with focus on ovarian cancer. The companys lead product is OVA1, a blood test for pre-surgical identification of women who are at high risk of having a malignant ovarian tumor. It serves clinical reference laboratories, hospital laboratories, and physician offices in the United States. Vermillion, Inc. was founded in 1993 and is headquartered in Austin, Texas.
- [By Money Morning Staff Reports]
We’ll show you all about it after taking a look at last week’s top-performing penny stocks:
Penny Stock Current Share Price Last Week’s Gain
ATA Inc. (NASDAQ: ATAI) $3.25 218.63%
Future Fintech Group Inc. (NASDAQ: FTFT) $1.44 87.01%
Precipio Inc. (NASDAQ: PRPO) $0.40 62.81%
Vital Therapies Inc. (NASDAQ: VTL) $0.83 61.48%
Vermillion Inc. (NASDAQ: VRML) $1.44 39.81%
Navios Maritime Holdings Inc. (NYSE: NM) $4.78 37.36%
National American University Holdings Inc. (OTCMKTS: NAUH) $0.85 37.10%
ContraFect Corp. (NASDAQ: CFRX) $0.64 36.38%
ENGlobal Corp. (NASDAQ: ENG) $1.74 33.51%
Flex Pharma Inc. (NASDAQ: FLKS) $0.62 32.93%
Last week’s penny stocks show the kind of gains penny stocks are making in the wake of earnings season volatility.
- [By Stephan Byrd]
Media headlines about Vermillion (NASDAQ:VRML) have been trending somewhat positive this week, Accern reports. The research firm ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Vermillion earned a coverage optimism score of 0.03 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.6924212135165 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
- [By Max Byerly]
Vermillion, Inc. (NASDAQ:VRML) CFO Robert Harry Beechey acquired 75,000 shares of the company’s stock in a transaction that occurred on Thursday, August 23rd. The shares were acquired at an average cost of $0.61 per share, for a total transaction of $45,750.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Top 5 Undervalued Stocks To Own Right Now: Western Copper and Gold Corporation(WRN)
Western Copper and Gold Corporation is an exploration-stage company. The Company is engaged in exploration and development of the Casino mineral property. The Company’s operations are mainly directed towards the acquisition, exploration and future development of resource properties in Canada. The Company’s Casino Project is a copper-gold-molybdenum porphyry deposit and is located in Yukon, Canada. The Casino Project comprises reserves of approximately 960 million tons mill ore and over 160 million tons heap leach (proven and probable). The Company’s subsidiaries include Casino Mining Corp., Ravenwolf Resource Group Ltd. and Minera Costa de Plata SA de CV. The Company has not generated any revenue from mining operations. Advisors’ Opinion:
- [By Ethan Ryder]
Western Copper (NYSEAMERICAN:WRN) (TSE:WRN) was the recipient of a large increase in short interest in June. As of June 15th, there was short interest totalling 367,976 shares, an increase of 17.9% from the May 31st total of 312,021 shares. Based on an average daily trading volume, of 131,386 shares, the short-interest ratio is currently 2.8 days.