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
The past twelve months was an eventful period of time for General Electric (NYSE:GE), as the company made (or announced) several transformative transactions in 2016, but unlike some investors, the market has not yet bought into the hype.
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As shown, GE shares have underperformed the broader market, S&P 500 (NYSEARCA:SPY), by a wide margin....More>>>
24/7 Wall St. has put together a preview of a few major companies scheduled to report their quarterly results this coming week. The third-quarter earnings reporting season has just kicked off and the broad markets are near all-time highs. They could look to keep pushing higher with the recent rally in the tech sector, and a strong earnings showing from these stocks could to keep this rally going.
Sean Spicer, the Republican National Committee communications director, is a leading candidate to serve as White House press secretary under Donald Trump, according to two sources with knowledge of the matter.
Spicer has “the inside track,” said one transition source.
A six-year veteran of the RNC, Spicer has well-established relationships with the Washington press....More>>>
I’ve been a shareholder of Chesapeake Energy (NYSE:CHK) for a quite a few quarters now and the performance is nothing short of inadequate. Granted, the energy sector is challenged right now and there’s only a few bright spots worth investing in, but this name is clearly underperforming, down nearly 28% YTD. With continued losses and a pick up in volatility for crude oil on the back of....More>>>
I have a different approach to sport goods stocks in comparison to many investors. I find it difficult to value, trade and invest in any sport goods stock using the same approach. I have been short Under Armour (UAA, UA) for a while and started to accumulate Nike (NYSE:NKE) shares a few months ago. I have recently opened a long on Skechers....More>>>
Facebook stock enters 2017 on a combination of lower expectations and depressed valuations. Flickr
Shares of Facebook (NSDQ:FB) are off to a great start in the new year. FB stock is up 8%+ since the turn of the year. In comparison, the stock had gained 9.55% in 2016, outperforming the Nasdaq Composite’s (INDX:COMPX) 6.6% gains. As reported in our last FB post, Facebook stock....More>>>
Small cap sensor film stock UniPixel Inc (NASDAQ: UNXL) is sinking by a double digit percentage in after-hours and pre-market trading after reporting Q4 earnings. The problem for UniPixel is that only a few analysts cover the small cap stock and the bottom line loss was a bit worst than the 10 cent loss they were expecting. The stock also had a slight uptick ahead of earnings:
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.