Best Buy Inc. (BBY) is keeping its friends close and its enemies closer.
Shares of the electronics chain spiked nearly 4% Wednesday, April 18, after CEO Hubert Joly announced that the company has entered into a partnership with Amazon.com Inc. (AMZN) to sell televisions that are programme
Does anyone at JPMorgan Chase want to be the eventual successor to CEO Jamie Dimon? The bank is about to lose yet another high-profile executive who was widely thought to be a potential heir apparent to Dimon.
JPMorgan Chase chief operating officer Matt Zames, a 13-year veteran of the firm, is leaving. Dimon confirmed the news in a memo to the bank’s employees that was sent to CNNMoney.....More>>>
Uber is trying to make it less annoying to find your driver.
The ride-hailing giant is rolling out new tools such as a live location feature and windshield colors. The efforts intend to improve the pick-up process, especially in crowded areas like the airport or a concert venue.
“The rendezvous point between rider and driver is one of the most stress inducing parts [of the....More>>>
Larkspur, CA, based Investment company Park West Asset Management LLC buys eBay, Dell Technologies, Ellie Mae, Alliance Data Systems, Shutterfly, Nexstar Media Group, Marvell Technology Group, FirstCash, DaVita, Brunswick, sells Pandora Media, Service International, LendingClub, Tailored Brands, Stamps.com during the 3-months ended 2016-12-31, according to the most recent filings of the investment....More>>>
AQR Capital Management’s Cliff Asness has launched a healthy discussion about the trials and tribulations of factor timing with a new essay (“The Siren Song of Factor Timing”). He’s recommends that investors steer clear, which is good advice because the crowd’s record, in the aggregate, to successfully engage in market-timing activities generally is overwhelmingly poor.....More>>>
Related CSCO Cisco, McDonald's, Red Hat, United Continental: Fast Money Picks For February 16 Keep an Eye on These 12 Stocks for February 16, 2017 Social Media Insights: All Talk And No Action (Seeking Alpha) Related AVP Keep an Eye on These 12 Stocks for February 16, 2017 Earnings Scheduled....More>>>
When an industry enjoys significant growth, individual stock valuations often rise with the tide. This firm’s inability to grow profits amidst record industry revenues raises a red flag. Add in significant competition, lagging margins, and an overvalued stock price, and it’s hard to justify any bull case. Nevertheless, this stock is up 48% over the past year. For these reasons and more,....More>>>
Wednesday was a strong day for the stock market, as the Dow finished up nearly 100 points and the S&P 500 and Nasdaq both posted gains as well. Investors remained generally upbeat about the prospects for the U.S. economy in 2017, and a rise in crude oil prices helped lift the energy sector higher during the market session. Yet comments during a press conference from President-elect Donald Trump....More>>>
Lands’ End (NASDAQ:LE) CMO Gill Brown Hong bought 1,525 shares of the company’s stock in a transaction on Friday, April 13th. The shares were bought at an average price of $22.20 per share, with a total value of $33,855.00. Following the completion of the transaction, the chief marke
Enbridge Energy, Limited Partnership (NYSE:EEP) had its target price lowered by Barclays from $16.00 to $11.00 in a research report sent to investors on Tuesday morning, Marketbeat reports. The brokerage currently has an equal weight rating on the pipeline company’s stock.