The whole point of all the gizmos, gadgets and freebies doled out by Amazon.com Inc. (NASDAQ: AMZN) is to make it so easy for consumers to buy from Amazon that shopping anywhere else becomes a big pain in the neck. The latest example is the company’s roll-out Tuesday of a new feature tied to its Alexa voice-command program: ordering an item from Prime Now, the company’s two-hour free....More>>>
The casino sector offers a lot of color beyond the characters one expects to find as their customers according to the movies. Local nuances in Macau, Las Vegas, online gambling, and new areas lead to industry-wide changes and company-level opportunities for investors.
Recent headlines have focused on headwinds in Macau – with revenue down for its third consecutive year but perhaps bottoming....More>>>
Whirlpool CEO Jeff Fettig blamed the confidence-sapping U.S. election and the plunge in the value of the British pound for the companys disappointing third quarter earnings, and predicted that the appliance-makers woes would be short-lived.
Whirlpool shares fell as much as 13% on Tuesday after the company posted earnings per share of $3.66, versus expectations for....More>>>
It wasn’t a sweet day for Hershey workers.
The candy maker said Tuesday that it’ll cut its global workforce by about 15%, which likely amounts to about 2,700 people. The company employs about 18,000 people worldwide, according to public filings last December.
The cuts will be “driven primarily by its hourly headcount outside of the United States,” the company....More>>>
Federal prosecutors are pursuing a potential settlement of their record-settingforeign corruption lawsuit that seeks$1 billion in assets, including future proceeds from the 2013 Hollywood hit movieThe Wolf of Wall Street.
Characterized by federal officials as the largest attempted seizure under anti-kleptocracy laws in U.S.history, the case targets officials who allegedly misappropriated....More>>>
Apple (NASDAQ:AAPL) knows what it’s doing. The company is a market leader in many fields, and would often rather abandon a product category rather than struggle on as a minor competitor to bigger and better rivals.
But even mighty Apple does the occasional swing-and-a-miss routine. And some of Cupertino’s whiffs come in vibrant billion-dollar markets.
Image source: Getty....More>>>
AVX Corp (NYSE:AVX) files its latest 10-K with SEC for the fiscal year ended on March 31, 2017. AVX Corp is a manufacturer and supplier of passive electronic components interconnect devices, and related products. Its electronic component products are ceramic and tantalum capacitors, film capacitors, varistors, filters and other components. AVX Corp has a market cap of $2.74 billion; its shares were....More>>>
Last week, Canadas announced a suite of bills to legalize recreational marijuana use throughout Canada making good on a campaign promise. The pending legalization bills are widely expected to pass (the goal is to get the regulatory regime off the ground by July 1, 2018) with Abovethelaw.com having an article with the following good summary of the proposedrestrictions and standards:
President-elect Donald Trump’s future trade policies are worrying the World Bank.
The bank cut its global growth forecast for 2017 on Tuesday, citing “protectionist pressures” as one of the key risks.
Along with highly uncertain policies in the U.S. and U.K., “risks” to the outlook include “mounting protectionist pressures, financial market....More>>>