AT&T’s (NYSE:T) roll-out of the DirecTV Now service has been greeted by enthusiasm by some (me) and skepticism by others. The later camp notes that margins, at least on the introductory pricing, are likely to be slim and may cannibalize the company’s traditional DirecTV product offering.
In my mind, the DirecTV Now product was a forward-looking master stroke that begins....More>>>
Trivago NV – ADR (NASDAQ: TRVG) shares dipped 24.8 percent to $11.23 after the company lowered its guidance. At Home Group Inc (NYSE: HOME) dropped 11.4 percent to $22.70. At Home Group reported Q2 adjusted earnings of $0.18 per share on revenue of $232.1 million. Pulmatrix Inc (NASDAQ: PULM) declined 8.1 percent to $2.27 after gaining 33.51 percent on Tuesday. Vectura Group reported....More>>>
On the heels of attending the International Metal Writers conference in Vancouver, BC this week, Nexus Gold Corp (OTC: NXXGF, TSX: NXS.V) is receiving positive coverage of its stock by multiple investment and financial analysis sites. Despite being part of the larger down day on Wall Street today, Nexus Gold’s stock has fared well, particularly in the past 30 days.
B&G Foods Inc. (NYSE: BGS) madewaves late on Friday after the company announced its most recent acquisition. B&G has now acquired Victoria Fine Foods from Huron Capital Partners and other sellers for roughly $70 million in cash.
The company projects that after it fully integrates the Victoria brand, the brand will generate on an annualized basis net sales of approximately $41.0 million....More>>>
Whole Foods Market (NASDAQ:WFM) has had a bad time on the market over the past couple of months, losing over 16% of its value on the back of a weak financial performance in its last reported quarter. But, in my opinion, the recent drop in Whole Foods’ shares is an opportunity to buy more of the stock since there are tangible improvements being witnessed across Whole Foods’ operations....More>>>
The S&P 500 is up almost 14% since Trump’s election as President. That’s certainly on the high side of historical runs for the stock market over a short period of time, but not unprecedented. For example, it falls in the top 10% of 4 month returns for the market looking back over US history. However, Trump and his policies have less to do with this move than appearances might....More>>>
Shares of Tesaro (TSRO) are soaring today after the biotech company reported positive data for its treatment of ovarian cancer over the weekend. Credit Suisse analyst Alethia Young and team contend that “M&A remains in focus” for Tesaro following the data:
We are increasing our target price to $122 from $90 as we move to an M&A DCF valuation.....More>>>
Wells Fargo & Co (NYSE: WFC) shareholders were caught completely off guard by the extent of the companys fraudulent behavior related to its recent $185 million settlement, and now Wells Fargo CEO John Stumpf is getting taken to the woodshed by Senator Elizabeth Warren and others on the Senate Banking Committee.
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Singapore's largest property developer, CapitaLand (OTCPK:CLLDY) (CATL.SI) had a pretty good 2017. Helped by improving conditions in Singapore and China, not to mention significant project openings, CapitaLand's local shares climbed 20% and the ADRs did even better.
A power outage hit the CES consumer electronics show in Las Vegas, dimming the lights in one of the main convention halls hosting demonstrations from the likes of LG Electronics Inc. and Samsung Electronics Co.
“There is an isolated power outage at the Las Vegas Convention Center. W
In Lahore and Karachi, American flags were burned in front of TV cameras after President Trump’s decision on Jan. 4 to withhold $2 billion of security aid from Pakistan to punish it for allegedly harboring terrorists. The country’s government issued angry statements claiming no ins