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
Oaktree Capital’s Howard Marks is a master of the fixed income investing world and Gotham Asset Management’s Joel Greenblatt is one of the most skilled bottoms-up investors when it comes to identifying cheap stocks and those that are overvalued. Though the two are on opposite ends of the investing spectrum, their worldview is nearly identical.
BNY Mellon (NYSE:BK) has become a long of mine in the past couple of quarters after I was very critical of the company’s operating model for a long time. But when the facts change, so does my opinion and thus far, begin long BK has worked out. The stock has rallied since the election just like absolutely everything else (it seems) but it certainly hasn’t kept pace with its rivals....More>>>
Let Clients Figure the Retirement Funding Catastrophe Out for Themselves
Consultants at Milliman Inc. have come up with hard numbers that may back up an allegation patients and providers have been making for years: that many health insurers have skimpy mental health and addiction treatment....More>>>
Amazon is slashing the price of its Prime Membership for lower-income Americans.
The online retail giant announced Wednesday morning that Medicaid recipients are eligible for Prime for $5.99 a month, a 54% discount from the normal rate of $12.99 a month. The lowered monthly rate is $27 cheaper than the $99 annual Prime membership fee.
To qualify for the discounted rate, customers....More>>>
Looking to green up your home but not sure where to start? Try this simple plan for a weekend home detox. Covering Friday to Sunday, it is packed with easy tips to help the planet, save cash and have more fun.
See Also from Kiplinger: 15 Ways to Go Green on the Cheap
Photo by ZeroEnergy Design
Friday After Work
Unplug. Save energy and recharge your own batteries by spending....More>>>
The question facing big bank stocks like JPMorgan Chase & Co. (NYSE:JPM) is similar to that facing the market as a whole. How much upside really is left after a rally that’s now over nine years long? The JPM stock price today sits 176% higher than it did at the beginning of 2010 — an average return of roughly 13% a year. JPMorgan stock has gained 74% just since the beginning of 2016.
BP Plc and ConocoPhillips are in discussions for an asset swap deal that would see the U.K. energy major gain a greater foothold in a key project in the North Sea and the U.S. explorer get Alaskan assets, according to people familiar with the talks.
BP is considering taking Conoco’s stake in the Clair field, in which BP already holds a 28.6 percent stake and is the operator, the people....More>>>
We recently met Mr. Rajiv Suri, new Managing Director and CEO of Shoppers Stop (SSL). SSLs operating performance has been soft over the past two years, and our interaction with the CEO makes us believe that SSL can turn around in light o
Prima plastics Ltd (PPL) recorded standalone sales growth of 19% YoY (~23% QoQ) largely driven by volume growth (I-direct estimate: ~14% YoY) in Q4FY18. The strong volume was on the back of capacity addition in FY17 at Ongole (Andhr
Edelweiss' research report on Future Lifestyle Fashion
Future Lifestyle Fashions (FLF) Q4FY18 revenue, EBITDA and PAT came in line with our estimates. Key highlights: i) 4.8% YoY SSSG came on a strong base of 19.7% (versus -1% and -6% SSSG for Shoppers Stop and Pantaloons, respectively
With an astonishing revenue growth in 2016 and 2017, SharedLabs, Inc. (SHLB) is the next unicorn startup company that will sell shares in Wall Street. The companys growth is sustained by innovative services in exciting sectors, such as artificial intelligence, blockchain, and the Internet of Thi
Edelweiss' research report on Balkrishna Industries
Balkrishna Industries (BKT) Q4FY18 revenue jumped 25% YoY (8% ahead of estimates), driven by robust ~17% YoY volume spurt and ~7% YoY realisation surge. Growth was well spread across segments/geographies. For FY18, volume grew ~16% Yo