Shares ofGoPro (NASDAQ:GPRO) sank to fresh all-time lows on Monday, following an analyst downgrade (via Tech Trader Daily). Goldman Sachs analyst Simona Jankowski dropped her rating on GoPro from neutral to sell, while simultaneously slashing her price target down to a mere $6, or about 30% lower
Penn West Petroleum Ltd. (NYSE:PWE) has been to the financial cliff and back again. The achievements of the last two years are probably top 1% in many areas. There was a little trepidation as the latest announcement saw more changes in senior management. For many shareholders, those senior manage
Shares of Snap Inc. (SNAP ) plummeted more than 20% in early morning trading to touch a new all-time low of $10.96 after the company’s latest quarterly earnings report disappointed investors on Tuesday afternoon.
Snap reported an adjusted loss of 17 cents per share, matching the Zacks Consensus Estimate and improving from a loss of 20 cents in the year-ago period. However, the company’s....More>>>
Adidas AG (ADR) (OTCMKTS:ADDYY) reported its latest quarterly results on Wednesday, unveiling a wider loss than in the year-ago quarter.
For its fourth quarter, the athletic apparel maker posted a net loss of EUR41 million ($50.7 million), more than quadrupling its year-ago loss of EUR10 million ($12.37 million). The decline was caused mostly by a one-time tax charge.
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Related MGM Macau Might Finally Be Headed In The Right Direction Cramer Advises His Viewers On....More>>>
Fellow contributor Giovanni DiMauro published a bearish take on Valeant Pharmaceuticals (NYSE:VRX) with which I strongly disagree. I’ll start by going over DiMauro’s points (between quotes) where I hold a variant view and summarize my bullish take at the end.
CEO Joseph Papa mislead investors in August when he reaffirmed guidance for the year. The company missed miserably on earnings....More>>>
Perhaps another nail in the coffin of Wells Fargo & Co. (NYSE: WFC) CEO John Stumpf. Bernie Sanders, former presidential candidate and United States Senator from Vermont wants to know if the federal agencies involved in the bank’s scandal have made referrals of material to the Justice Department.
Comments from the Sen Sanders website about a letter to Richard Cordray the director....More>>>
Gainers Loxo Oncology Inc (NASDAQ: LOXO) rose 32.7 percent to $65.00 in pre-market trading after the company reported that larotrectinib trial demonstrated 76 percent confirmed objective response rate. Dynavax Technologies Corporation (NASDAQ: DVAX) shares rose 22 percent to $7.20 in the pre-market trading session after the company on Friday presented updated data for SD-101 in combination....More>>>
This is part of a 2016 gift guide series. Read about the Gift of the Year and Gifts for Geeks.
Americans, for all our gluttony and flaws, are a generous people. We as individuals gave away nearly $260 billion in 2014, even more than the year before. That’s why in a world where 80% of the people live on less than $10 a day and most Westerners think nothing of paying $6 for a fancy....More>>>
The minimum wage in the United States is $7.25 per hour. Assuming a typical 40-hour work week, that adds up to $15,080 over a year. If you're fortunate enough to live in one of the 29 states with a higher minimum wage, you can make a little over $20,000 in a year. But for many, that's still a far
Walmart's (NYSE:WMT) acquisition of Indian e-commerce giant Flipkart marks the American big-box retailer's entry into a lucrative market that's going to be worthat least $200 billion by 2026. Even then, online sales will account for just 12% of India's overall retail sales, according to Morgan St
Venezuela is experiencing hard times; who would doubt that? There are an infinite number of articles about how bad it is in Venezuela, starving people, no basic medical essentials, people coming to Colombia to buy food, etc. I don't see a need to repeat it all here. What stands out in this flow o