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
Last Thursday, Tesla (TSLA) hosted an extravaganza at its Hawthorne design center to unveil the Tesla semi, surprise faithful fans with a sexy new Roadster and condition the market for a badly needed fourth quarter equity financing although more debt might do in a pinch.
Like all things Tesla, it made me want to put my hand over my heart and sing the Electric Car song at the top of my lungs.....More>>>
"Having the most money doesn't always make you the winner," Moneyball author Michael Lewis said to us on stage. For example, in 2002, the Oakland Athletics had the third-lowest payroll of any team in baseball. The New York Yankees paid their players nearly three times more – an extra $80 million. Yet the two teams made it the same distance in the playoffs. ....More>>>
On Tuesday, stocks closed mixed with a preference for small-caps as they took gains in some blue chips and big-cap stocks.
Profit-taking started immediately, with a divergence of better-quality stocks being sold. Banks and other financials fell 1.4% at the close, while technology gained 0.9% and consumer discretionary rose 0.5%. Eight of the eleven sectors of the 500 lost ground. From the....More>>>
When an industry enjoys significant growth, individual stock valuations often rise with the tide. This firm’s inability to grow profits amidst record industry revenues raises a red flag. Add in significant competition, lagging margins, and an overvalued stock price, and it’s hard to justify any bull case. Nevertheless, this stock is up 48% over the past year. For these reasons and more,....More>>>
What a difference one word makes. Cowen’s Doug Creutz and Stephen Glagola could have said that it’s not time to panic after Viacom (VIAB) said its negotiations with Dish Network (DISH) have been going nowhere. Instead, they inserted the word “necessarily,” changing the complexion of things. They explain:
Alex Lintner, President of Experian’s Consumer Information Services
Experian is a leading global information services company, employing approximately 17,000 people and providing data and analytical tools to clients in more than 80 countries. It is the largest of the major credit bureaus in the U.S., managing the data of 890 million people and 103 million businesses worldwide. From....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.