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
Lowes (LOW) has been making strategic investments to catch rivalHome Depot (HD); however, key metrics still lag behind. Despite a recent stock bump from an activist investor taking seats on the board, the stock still remains 10% undervalued compared to Home Depot.
When Lowes last reported earnings, it reported both a top line revenue and bottom line earnings per share beat. In the third....More>>>
Billionaire investor Carl Icahn is all but exiting the casino industry, selling his stake in Tropicana Entertainment for $1.85 billion. But maybe Eldorado Resorts (NASDAQ:ERI)– which will operate the properties bought by real estate investment trust (REIT)Gaming & Leisure Properties (NASDAQ:GLPI)– shouldn’t be going all in.
Eldorado may be piling too much onto its plate,....More>>>
&l;p&g;&l;img class=&q;dam-image getty size-large wp-image-508336438&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/508336438/960×0.jpg?fit=scale&q; data-height=&q;637&q; data-width=&q;960&q;&g; An aerial view of the solar mirrors at the Noor 1 Concentrated Solar Power plant in Morocco. The North African country has approved a new $2.4bn 800MW scheme. (FADEL SENNA/AFP/Getty....More>>>
Source: ThinkstockFebruary 28, 2018: The S&P 500 closed down 1.1% at 2,713.80. The DJIA closed down 1.5% at 25,027.96. Separately, the Nasdaq was down 0.8% at 7,273.01.
Wednesday was another down day for the broad U.S. markets with all three of the major exchanges closing lower on the day. The Dow took the worst of the punishment with losses over 300 points. Note that again most of this....More>>>
At long last, chip giant Intel (NASDAQ:INTC) opened up about its upcoming 10-nanometer chip manufacturing technology, at its first-ever Technology and Manufacturing Day. The company has — frustratingly — kept key details of this technology under wraps for years now, but Intel is now putting them out there for all to see.
Without further ado, let’s look at what Intel had....More>>>
A number of years ago, Warren Buffett referred to derivatives as “financial weapons of mass destruction.” Since then, Wall Street has tried to pooh-pooh this description, but the facts speak for themselves.
See Also: 7 Best Dividend Stocks for a Rocky Market
What is a derivative? Basically, it’s a bet couched as a complex financial instrument. Investopedia defines....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>>>
(NEWSER) If a company plans to help customers showcase their “local pride,” said company should probably have some basic local knowledge. That might not have been the case with Target, whose series of flawed, Boston-themed T-shirts came under attack this week. ATwitter userwas among the first to draw attention to numerous misspellings (Jamaica Plain is Jamaca Plain, for instance) on....More>>>
Transocean (NYSE:RIG) is one of the best offshore drillers with a record backlog of about ~$12.4 billion as of 05/2/2018 - not including options that could add over $8 billion - after the acquisition of Songa Offshore.
Medicare is a vital part of retirement planning for millions of Americans. Healthcare costs are so high, it's important for everyone to figure out how to make the most of their Medicare benefits. That's why it's essential to take a look at your healthcare needs each year and consider making chang
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.