Shares of O'Reilly Automotive Inc. (NASDAQ:ORLY), one of the largest retailers of aftermarket automotive parts, tools, and accessories, are popping 10% Thursday as of 12:17 p.m. EDT after announcing a strong first quarter and raising guidance.
Wearable devices are quickly becoming mainstream technology, with smartwatches and fitness trackers leading the way. You’d never know that based on the performance of traditional watchmaker Fossil Group (NASDAQ:FOSL) as the company is struggling to adapt to the changing times.
A quarter worth forgetting
In the first quarter of the year, Fossil reported a 12% drop in revenue,....More>>>
&l;p&g;&l;img class=&q;dam-image getty size-large wp-image-508336438&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/508336438/960×0.jpg?fit=scale&q; data-height=&q;637&q; data-width=&q;960&q;&g; An aerial view of the solar mirrors at the Noor 1 Concentrated Solar Power plant in Morocco. The North African country has approved a new $2.4bn 800MW scheme. (FADEL SENNA/AFP/Getty....More>>>
Federal prosecutors are pursuing a potential settlement of their record-settingforeign corruption lawsuit that seeks$1 billion in assets, including future proceeds from the 2013 Hollywood hit movieThe Wolf of Wall Street.
Characterized by federal officials as the largest attempted seizure under anti-kleptocracy laws in U.S.history, the case targets officials who allegedly misappropriated....More>>>
Donald Trump has had a fraught relationship with Silicon Valley – plenty of tech’s heaviest hitters voted the other way in the November election. But each side needs the other; Trump needs those companies at work in the economy, and he needs them to repatriate the multibillion-dollar cash hoard they have parked offshore.
On the other hand, Silicon Valley needs a deep pool....More>>>
The biggest newspaper in the West, the Los Angeles Times, suddenly has a new publisher and a new editor in chief.
Davan Maharaj, who has held both jobs since March 2016, was dismissed on Monday. So were several of his top deputies at the paper, including the managing editor and the deputy managing editor for digital.
Former Yahoo and Fox Interactive Media executive Ross Levinsohn....More>>>
A recent survey from Accenture showed that 26% U.S. consumers have had their personal medical information stolen from technology systems, and half of those who experienced a breach were victims of medical identity theft. On average, those victims had to pay around $2,500 in out-of-pocket costs per incident.
The breaches were most likely to occur in hospitals (36%), followed by urgent-care....More>>>
U.S. stock benchmarks on Tuesday staged a recovery from heavy selling earlier in the session that came after a North Korean missile test over Japanese airspace rattled investors and sent Wall Street trawling for assets perceived as safe.
CohBar, Inc. is a leader in the research and development of mitochondria based therapeutics (MBTs), an emerging class of drugs with the potential to treat a wide range of diseases associated with aging and metabolic dysfunction including non-alcoholic st
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