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
Shares of Boardwalk Pipeline Partners (NYSE:BWP) traded up 5.8% on Thursday . The stock traded as high as $10.31 and last traded at $10.26. 190,760 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 2,588,689 shares. The stock had previously closed at $9.70.
Several analysts have weighed in on the company. Zacks Investment Research raised Boardwalk....More>>>
&l;p&g;&l;img class=&q;dam-image ap size-large wp-image-34d89e57f7424200961aa0a929830fd6&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/34d89e57f7424200961aa0a929830fd6/960×0.jpg?fit=scale&q; data-height=&q;640&q; data-width=&q;960&q;&g; Senate Minority Leader Sen. Chuck Schumer of N.Y., attends a news conference on 401(k) retirement savings, Tuesday, Oct. 31, 2017, on Capitol....More>>>
The deceleration in U.S. wage growth in April was relatively broad-based, with eight of 13 sectors seeing a down-tick. But three sectors made an outsize contribution to the slowdown: education and health services, financial activities and manufacturing.
A measure of growth in emerging market economies paused in March after rising to the highest level in seven years.
The EM Growth Tracker retreated to a 6.6 percent growth pace on a quarter-over-quarter basis, according to the Institute of International Finance, which represents the financial sector from banks to sovereign wealth funds.
Black Friday conjures up dreams of scoring flat-screen TVs, video games, jewelry and winter clothing for super-low prices.
But after the gobble gobble, think about some vroom vroom.
The day after Thanksgiving is the best day to buy a used car, according to iSeeCars.com, which found 33.1% more deals that day than on the average day. No. 2 on the list was Veterans Day (32.5%), followed....More>>>
Investment company Wealthsource Partners, Llc buys iShares 7-10 Year Treasury Bond ETF, iShares Edge MSCI USA Momentum Factor, iShares J.P. Morgan USD Emerging Markets Bond ETF, iShares Latin America 40, SPDR Select Sector Fund – Financial, ProShares Short Dow30, iShares U.S. Preferred Stock ETF, iShares MSCI EAFE Growth, iShares MSCI EAFE Value, Teucrium Corn Fund ETV, sells SPDR MSCI ACWI....More>>>
It was July 2016, andGeneral Electric(NYSE:GE) was on top of the world. The government had just removed its Systemically Important Financial Institution (SIFI) status, which was projected to unlock major value from the company’s troubled GE Capital arm. GE had just sold its underperforming appliances unit to Chinese companyHaier for $5.6 billion. Its stock was trading at its highest level....More>>>
Iconix Brand Group (NASDAQ:ICON) announced it is selling off its stake in Charles Schultz’s Peanuts cartoons. The beloved Charlie Brown and his fellow Peanuts characters are being used to help get the company back on firm financial footing.
Getting out of the entertainment biz
The company announced on the morning of May 10 that it was closing down its entertainment segment,....More>>>
A string of co-brand credit-card wins is getting expensive for American Express Co.
The cost of paying out rewards to card members climbed 12 percent to $1.98 billion in the fourth quarter, the most in at least seven years, according to data compiled by Bloomberg. During 2017, AmEx won dual-issuing rights with JPMorgan Chase & Co. for Marriott International Inc.’s suite of cards....More>>>
About a month ago, Tesla(NASDAQ:TSLA) CEO Elon Musk did investors a disservice when he dismissed very legitimate questions from sell-side Street analysts. Musk incorrectly thought that the analysts were trying to justify their short theses, which wasn't the case and later conceded that it was "fo
After eight-straight losing sessions, the Dow Jones Industrial Average ($DJI) might draw support Friday from stronger overseas markets overnight. Without much data or earnings news on the calendar, the focus sits squarely on OPEC amid talk that a crude oil production increase might be in the card
Quadrature Capital Ltd bought a new stake in shares of Immersion Co. (NASDAQ:IMMR) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 21,114 shares of the software maker’s stock, valued at appro