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
Good morning Americas. Here’s news from Bloomberg Economics to help get your Wednesday started:
China has hit back at U.S. President Donald Trump’s plan to push ahead with tariffs on $50 billion of Chinese imports despite a recent truce in the trade fight, saying it damages America’s standingJust when central bankers thought they were about to get out of the business....More>>>
Since its Initial Public Offering back in 2015, Canada Goose (GOOS) has experienced a steady share price increase of 62%. Canada Goose offers products that are in demand due to the quality of the coats, jackets, and other goods the company provides. GOOS has experienced rapid growth in sales. Since 2013 GOOS has seen revenue increases from 191Mil in 2013, to a reported....More>>>
NEW YORK So-called “Pharmacy Bro” Martin Shkreli was convictedFriday on three of eight criminal charges that he scammed investors, a mixed verdict that left both prosecutors and defense lawyers hailing the outcome.
Capping more than 4陆 days of deliberations, aBrooklyn federal court jury found the New York City health care industry entrepreneur guilty of two securities fraud....More>>>
Your emergency fund can help you cover the cost of lifes unpleasant surprises like medical bills, car repairs or even job loss. Without one, these unfortunate situations could be even worse, as you could face some tough decisions when things dont go according to plan.
Do you turn to credit card debt that carries a high interest? Do you dip into your 401(k)?....More>>>
Since the New Year, I have been doing some research – when I could find time in the post-holiday crush – on Sprints (S) market position in the wireless consumer space. While I have written several recent articles on Sprints immediate financial needs and the tactical approach of its parent company SoftBank (OTCPK:SFTBY) its been a while since I took a look at the consumer side of the....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>>>
You know how boring the healthiest food can sometimes be. It’s a similar case with dividends stocks, where some of the most simple and most boring businesses have turned out to be dividend champions over the years. When it comes to dividend investing, slow and steady wins the race.
So when we asked some of our contributors to name such “boring” dividend stocks that they....More>>>
A little over a year ago, Iberdrola (Madrid: IBE) combined its US generation assets with UIL Holdings to form Avangrid (AGR), notes utility sector expert Roger Conrad, editor of Conrad’s Utility Investor.
But Avangrid adopted conservative financial policies that may have turned off some equity investors. Despite guidance for 8 to 10 percent compound annual growth in net income....More>>>
First Japan, and now China, is getting markets notably the bond world stirred up.
Bonds are the topic du jour, especially after the Bank of Japan got everyone a bit worked up yesterday by trimming its government bond purchases. Then this morning, Bloomberg reported China is considering c
Prudential Financial Inc. decreased its stake in L3 Technologies (NYSE:LLL) by 20.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 87,847 shares of the aerospace company’s s
Despite a growing economy and the lowest U.S. unemployment rate in 16 years, things arent looking up for many Americans financial fragility is especially an issue for people with low incomes and for minorities, according to the new 2017 Prosperity Now Scorecard.
Not so long ago, solar energy was more promise than reality. Solar panels were expensive, and the savings over existing fuels did not create much of a compelling case. It took years to recoup the startup costs, and sometimes the benefit never even materialized.
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