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
Related PAA Plains All American and Employee Indicted by California State Grand Jury for Alleged Violations in connection with May 19, 2015 Accidental Oil Release near Santa Barbara As Oil Rebounds, This MLP ETF Blazes A Comeback Trail Plains All American Pipeline faces charges in 2015 California oil spill (Seeking Alpha) ....More>>>
In 2011, Apple Inc. (NASDAQ: AAPL) filed a lawsuit against Samsung Electronics, charging the Korean smartphone maker of infringing on Apple design patents. The patents do not include any copyright or trademark held by Apple, nor is there a utility patent at issue.
Apple won the case in 2012, and last year Samsung was ordered to pay Apple $1 billion, of which $548.2 million represented Samsung’s....More>>>
Operators who have a large store concentration in B & C type shopping malls are getting crushed, and The Gap (NYSE:GPS) is exposed to these exact locations. In aggregate, monthly mall traffic declines are still averaging mid-single-digit territory so apparel retailers have two options: sustain their store footprint or downsize.
The question is, which is the better long term alternative?....More>>>
Clinical stage biopharmaceutical company Biohaven Pharmaceuticals (Pending:BHVN) has filed to raise $125 million in an IPO by selling 8.33 million common shares at a midpoint price of $15.00 per share.
Biohaven has a large pipeline of treatments under development for neurological conditions.
The company is in or nearing Phase 3 trials for its lead candidates,....More>>>
Republican presidential nominee Donald Trump blasted the U.S. Federal Reserve and Fed Chair Janet Yellen for being more “political” than his Democratic counterpart Hillary Clinton in Monday night’s heated presidential debate.
Is he right? Is the Fed political in any way, shape, or form?
Fed officials, the vast majority of political analysts,....More>>>
Shares of Workday Inc. (NYSE:WDAY) climbed 9.9% on Wednesday, after the company announced that Wal-Mart (NYSE:WMT) has purchased a subscription to its Workday Human Capital Management, Recruiting, Learning, and Planning applications.
Workday also noted it isn’t updating its latest financial guidance, which incidentally....More>>>
The Federal Open Market Committee (FOMC) is sticking to the status quo despite sufficient support from economic data for the policy rate hike this year. On November 8, 2016, citizens of the United States will vote for the next president, and now it seems unlikely that the Fed will raise interest rate in November meeting.
In an interview with CNBC, Cleveland Fed President Loretta Mester said;
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.