This week, the embattled ride-hailing company was sued by three Latina engineers who allege that they, as women and people of color, were paid less than their white or Asian male colleagues.
Two of the women -- Ingrid Avendaño and Roxana del Toro Lopez -- left Uber this summer, while Ana Medina is still employed by the company. They allege that Uber uses a "stack ranking" system for evaluating employees, meaning they're evaluated from "worst to best."
"In this system," the suit says, "female employees and employees of color are systematically undervalued....because [they] receive, on average, lower rankings despite equal or better performance."
And those stack rankings are then used, in part, to determine promotions. Additionally, Uber sets employee pay based on their past compensation, which inherently disadvantages women, they say.
As a result, the women "have suffered and will continue to suffer harm, including but not limited to lost earnings, lost benefits, and other financial loss, as well as non-economic damanges."
Best Undervalued Stocks For 2019: Potlatch Corporation(PCH)
Advisors' Opinion:- [By Stephan Byrd]
Get a free copy of the Zacks research report on Potlatchdeltic (PCH)
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- [By Stephan Byrd]
Get a free copy of the Zacks research report on PotlatchDeltic (PCH)
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- [By Max Byerly]
Shares of Potlatchdeltic Corp (NASDAQ:PCH) have received an average rating of “Hold” from the ten research firms that are covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating on the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $50.83.
- [By Joseph Griffin]
POPCHAIN (CURRENCY:PCH) traded 3.5% lower against the dollar during the one day period ending at 15:00 PM ET on September 24th. Over the last week, POPCHAIN has traded 8.5% lower against the dollar. POPCHAIN has a market capitalization of $4.63 million and $712,856.00 worth of POPCHAIN was traded on exchanges in the last day. One POPCHAIN token can currently be bought for $0.0138 or 0.00000208 BTC on major exchanges including LBank, CoinBene, Bit-Z and Bilaxy.
- [By Joseph Griffin]
Sei Investments Co. grew its position in Potlatchdeltic Corp (NASDAQ:PCH) by 39.9% during the 1st quarter, HoldingsChannel reports. The firm owned 68,663 shares of the real estate investment trust’s stock after acquiring an additional 19,589 shares during the quarter. Sei Investments Co.’s holdings in Potlatchdeltic were worth $3,574,000 at the end of the most recent quarter.
Best Undervalued Stocks For 2019: Citrix Systems Inc.(CTXS)
Advisors' Opinion:- [By Logan Wallace]
Get a free copy of the Zacks research report on Citrix Systems (CTXS)
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- [By Ethan Ryder]
CIBC Asset Management Inc lowered its stake in shares of Citrix Systems (NASDAQ:CTXS) by 5.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,564 shares of the cloud computing company’s stock after selling 1,023 shares during the period. CIBC Asset Management Inc’s holdings in Citrix Systems were worth $1,816,000 as of its most recent filing with the Securities & Exchange Commission.
- [By Logan Wallace]
Get a free copy of the Zacks research report on Citrix Systems (CTXS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Logan Wallace]
Hancock Holding Co. cut its position in Citrix Systems, Inc. (NASDAQ:CTXS) by 2.7% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 141,567 shares of the cloud computing company’s stock after selling 3,906 shares during the quarter. Hancock Holding Co. owned approximately 0.10% of Citrix Systems worth $13,137,000 at the end of the most recent reporting period.
Best Undervalued Stocks For 2019: Lifeway Foods, Inc.(LWAY)
Advisors' Opinion:- [By Joseph Griffin]
Lifeway Foods, Inc. (NASDAQ:LWAY) COO Edward Smolyansky sold 4,890 shares of the company’s stock in a transaction that occurred on Monday, June 11th. The shares were sold at an average price of $6.41, for a total value of $31,344.90. Following the sale, the chief operating officer now owns 993,614 shares in the company, valued at approximately $6,369,065.74. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
- [By Logan Wallace]
Lifeway Foods (NASDAQ:LWAY) was downgraded by equities research analysts at TheStreet from a “c-” rating to a “d” rating in a report released on Friday.
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