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
Looking for stocks to buy for March is a tall, tall task. It seems tough to believe the market has any further gains to give following its heroic 3.7% gain last month — especially given Thursday’s weakness and Friday’s tepid follow-up.
But veteran traders know anything is possible, and wise traders have learned the “expect it when you least expect it” lesson....More>>>
The recent U.S. stock rally, which began off the bottom in late June and saw the market break to new all-time highs in early July, has been anemic by almost any measure. While not that much seems to be happening on the surface, underneath it the internals have been undergoing change. The groups leading the rally are not the same groups leading the market prior to the rally. It is not uncommon for....More>>>
Stocks discussed on the in-depth session of Jim Cramer’s Mad Money TV Program, Thursday, June 15.
While money was flowing out of tech stocks on Thursday, Cramer made the case to buy the tech stocks. “It might be worth remembering why we used to like tech in the first place, and why, despite what you see and hear, maybe you shouldn’t give up on it so easily. Despite....More>>>
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The seemingly endless string of acquisitions in the online travel industry (OTA) will soon be one deal longer. Priceline Group (NASDAQ:PCLN) announced that it has reached an agreement to acquire European peer Momondo Group for $550 million in cash.
Momondo Group, headquartered in the U.K. and Denmark, operates the momondo travel portal, which offers hotel booking,....More>>>
Things have looked brighter for Lululemon and its brand of luxury athletic wear.
Lululemon (LULU) shares fell 17% in after-hours trading Wednesday after the company predicted its sales would drop this quarter. The culprit, according to CEO Laurent Potdevin: Its clothes don’t pop online.
“We have clearly identified the issues: An assortment lacking depth in color for....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.