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
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In a quick turnaround, U.S. District Court Judge Susan Richard Nelson denied Wednesday the Department of Justice’s request to stay the current court case filed against the Department of Labor’s....More>>>
Shares of GoPro (GPRO ) were up about 5% in afternoon trading Thursday after a report said that Chinese tech giant Xiamoi Corp. has considered making a bid for the action camera manufacturer.
GoPro chief Nick Woodman recently said that he is open to a sale and earlier this year hired investment bank JPMorgan Chase (JPM ) to advise the company on a potential deal. A person familiar with....More>>>
I was having dinner with friends recently, and someone asked the question, “Stocks are expensive. How should I protect myself in case the market crashes? Should I short something, or maybe use options?”
For most investors, an exotic strategy like one of these isn’t necessary. Instead, you can protect yourself from a stock market correction or crash by keeping some defensive....More>>>
Sometimes an acquisition just looks dead on arrival. In this case the company has one area with a very low breakeven and another area with a higher breakeven. Contrary to common sense, an acquisition was made in the area of the higher breakeven. Obviously profitability is not the focus. One would think that management has a financial suicide wish. For Baytex Energy (NYSE:BTE), the bright spot was....More>>>
Verizon has a had a relatively difficult year thus far, with its stock price declining by close to 13% year-to-date, making it one of the worst performing names in the Dow Jones Industrial Average. Below, we take a look at some of the reasons for Verizon’s recent under performance.
We have a price estimate of $53 for Verizon’s stock, which is over 10% ahead of the current market....More>>>
RPM International (NYSE:RPM) isn’t a household name among investors, but the maker of Rust-Oleum and DAP makes a variety of coatings and sealants to serve consumer and industrial customers alike, including cleaning products, specialty restoration equipment, and building materials. Coming into Thursday’s fiscal third-quarter financial report, its shareholders had wanted to see significant....More>>>
WiLAN (NASDAQ:WILN) manages the intellectual property of third party inventors to ensure they receive fair compensation for their investment in research and development. By enabling patent owners to sell or license patented intellectual property, WiLAN helps provide a financial incentive for inventors to invest in the development of new technologies.
WiLAN has gone through several difficult....More>>>
Aerium (CURRENCY:AERM) traded 2.9% higher against the dollar during the one day period ending at 0:00 AM E.T. on July 20th. One Aerium coin can currently be bought for approximately $0.0033 or 0.00000053 BTC on cryptocurrency exchanges including CryptoBridge and Stocks.Exchange. During the las
Holly Energy Partners, L.P. (NYSE:HEP) announced a dividend on Thursday, July 19th, Fidelity reports. Stockholders of record on Monday, July 30th will be paid a dividend of 0.66 per share by the pipeline company on Thursday, August 9th. The ex-dividend date is Friday, July 27th.
Rogers Communications Inc. Class B (TSE:RCI.B) (NYSE:RCI) had its target price lifted by National Bank Financial from C$68.00 to C$69.00 in a report issued on Friday morning. The brokerage currently has a sector perform rating on the stock.
Dunkin' Brands Group(NASDAQ:DNKN) reports its second-quarter 2018 results next week on July 26.The quick-service restaurant chain has chalked up a stock price return of 35% over the last 12 months, due in part to investors' confidence in its strategy of investing in franchisee growth.