Finance

What's Ahead for AMAZON.COM Incorporated (NASDAQ:AMZN) After More Shorted Shares?

Sage Capital Advisors llc now owns 2,135 shares of the e-commerce giant's stock worth $2,052,000 after acquiring an additional 1,809 shares during the last quarter. The company was initiated on Thursday, August 25 by BTIG Research. (NASDAQ:ULTA) has "Buy" rating given on Tuesday, June 13 by Piper Jaffray. The stock has "Buy" rating by Deutsche Bank on Thursday, October 8. [Full Article...]

Lululemon athletica (LULU) Given New $79.00 Price Target at Needham & Company LLC

Lululemon athletica (LULU) Given New $79.00 Price Target at Needham & Company LLC It has underperformed by 36.03% the S&P500. Chief Executive Laurent Potdevin said the strong results put the company on track to achieve its target of $4-billion in annual revenue in 2020. Robeco Institutional Asset Bv has 3,468 shares for 0% of their portfolio. Andra Ap invested in 0.05% or 35,600 shares. The Maryland-based Clearbridge Ltd Limited Liability Company has invested 0.01% in Lulule... [Full Article...]

GE Layoffs: General Electric Company to Cut 12000 Jobs

GE Layoffs: General Electric Company to Cut 12000 Jobs Stockholders of record on Friday, November 10th will be paid a dividend of $0.62 per share. First Tru Advisors Ltd Partnership stated it has 646,361 shares. Heightened Asian competition had also increased price pressures. Analysts await General Electric Company (NYSE:GE) to report earnings on January, 19. [Full Article...]

Starbucks' Christmas Tree Frappuccino Fuels Social Media Frenzy

Starbucks' Christmas Tree Frappuccino Fuels Social Media Frenzy While there were a few skeptics who wrote that they didn't understand why anyone would "need" such a drink, most people who have taken to social media to comment on the drink are excited. The over-the-top drink is just the latest in a succession of Instagrammable Starbucks Frappuccino, which have all caught the attention of fans with a sweet tooth and a smartphone. [Full Article...]

Comerica Bank Boosts Holdings in Dollar General Corp. (DG)

Comerica Bank Boosts Holdings in Dollar General Corp. (DG) It is positive, as 62 investors sold Dollar General Corporation shares while 193 reduced holdings. Mutual of America Capital Management LLC's holdings in Dollar General Corp. The Price Index 12m for Dollar General Corporation (NYSE:DG) is 1.21271. For the 2017 39-week period, Dollar General reported net income of $827 million, or $3.02 per diluted share, versus net income of $837 million, or $2.... [Full Article...]

Walgreens Boots Alliance, Inc. (WBA) stock changed 5993509 shares actively on Wednesday

TRADEMARK VIOLATION NOTICE: " Walgreens Boots Alliance Inc ( WBA ) Shares Sold by Park National Corp OH" was posted by StockNewsTimes and is the property of of StockNewsTimes. The pharmacy operator reported $1.31 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.21 by $0.10. Walgreens Boots Alliance had a return on equity of 18.36% and a net margin of 3.45%. [Full Article...]

Air NZ's damaged 787 engine

Air NZ's damaged 787 engine And on Tuesday, the airline's flight to Tokyo Narita also returned to Auckland due to what the TAIC again said were "abnormal indications on one of the engines". Customers affected by these changes will be proactively contacted with new travel information. The Aviation Analysis Wing website reports this is the second engine vibration incident involving Rolls Royce Trent series engines this year. [Full Article...]

Fenner (FENR) Rating Reiterated by Numis Securities

Applied Optoelectronics Inc. now has $789.63M valuation. The stock decreased 0.26% or $1.48 during the last trading session, reaching $576.88. About 581,263 shares traded. Berenberg has "Hold" rating and GBX 1800 target. BLACK RICHARD B sold $71,730 worth of stock or 1,000 shares. The firm has "Buy" rating by HSBC given on Thursday, May 18. [Full Article...]

America's Largest Drug Store Is Buying Aetna For $67.5 Billion

America's Largest Drug Store Is Buying Aetna For $67.5 Billion The company explained this with an example of how diabetics could get quicker, easier treatment. Together, UnitedHealthCare and Optum have already taken business away from CVS , said Ana Gupte, a health care analyst for investment firm Leerink. [Full Article...]

Uber paid 20-year-old Florida man to keep data breach secret

Uber paid 20-year-old Florida man to keep data breach secret Uber allegedly paid hackers a $100,000 ransom to delete the data and not disclose what had happened to the media and public. But it would appear that Uber used its bug bounty as a means to pay-off the hacker, who a source described as "living with his mom in a small home trying to help pay the bills" and noted Uber didn't want to pursue any legal action due to perceiving the man as no longer p... [Full Article...]

Luxury brands lifted by European Union court backing for online sales ban

Luxury brands lifted by European Union court backing for online sales ban The EU's top court was dealing with a case brought about by luxury cosmetics brand Coty in Germany . The court said Coty's effort to limit distributors "is appropriate to preserve the luxury image of those goods", adding that it "does not appear to go beyond what is necessary". [Full Article...]

£52m in Bitcoin stolen after cryptocurrency exchange heist

£52m in Bitcoin stolen after cryptocurrency exchange heist Several reports from users noted that their Bitcoin wallets associated with NiceHash had been emptied. Cryptocurrencies are virtual "coins" that are "mined" by computers using complex algorithms. NiceHash users took to Reddit to discuss the breach and speculate on whether this heist was an inside job. NiceHash customers frequently move the cryptocurrency they earn on NiceHash off the s... [Full Article...]

The Home Depot, Inc. (HD): Insider Trading and Ownership Analysis

The Home Depot, Inc. (HD): Insider Trading and Ownership Analysis Capstone Inv Advsrs Lc has 0.16% invested in The Home Depot, Inc . The Home Depot , Inc.'s RSI is presently sitting at 70.37. Home Depot (NYSE:HD) last released its quarterly earnings results on Tuesday, November 14th. Home Depot announced that its Board of Directors has approved a stock buyback plan on Wednesday, December 6th that authorizes the company to repurchase $15.00 billion in outs... [Full Article...]

Wal-Mart Stores, Inc. (WMT) See Offhand Response As Liquid Assets Falls

Wal-Mart Stores, Inc. (WMT) See Offhand Response As Liquid Assets Falls The average 1-year price target for (WMT) reveals an average price target of $100.07 per share. A number of other brokerages also recently weighed in on WMT. The company was downgraded on Tuesday, March 21 by Morgan Stanley. Canaccord Genuity maintained the shares of VLS in report on Wednesday, September 23 with "Speculative Buy" rating. [Full Article...]

Canada canceling purchase of new Boeing fighter jets

Canada canceling purchase of new Boeing fighter jets However, talks with Boeing over the planned acquisition were suspended by Canada after Boeing launched a trade challenge against Canadian plane-maker Bombardier in April, accusing the company of dumping its jet into the U.S. Canadian Prime Minister Justin Trudeau has said the country "won't do business with a company that's busy trying to sue us and put our aerospace workers out of business". [Full Article...]

Judge sends VW manager to prison for 7 years

Judge sends VW manager to prison for 7 years Prosecutors say Schmidt, a German national, lied to USA environmental authorities, lied to investigators and encouraged others at VW to destroy arguments. He is the highest-ranking VW employee to be convicted in the scheme in the USA and the chances that the U.S. authorities will prosecute more senior VW executives are slim as most are in Germany, which is unlikely to extradite its citizens to sta... [Full Article...]

Airlines restrict 'smart luggage' that uses lithium batteries

Airlines restrict 'smart luggage' that uses lithium batteries Companies like BlueSmart , Raden and Away make luggage that includes Global Positioning System tracking, can measure its own weight, and yes, charge phones. While it allows things like laptops to be checked, it suggests they be placed in carry-on bags instead. For manufacturers of luggage with nonremovable batteries, the airlines' restrictions are a blow. [Full Article...]

Lubiana Himid's 2017 Turner Prize victory is a specious cop-out

Lubiana Himid's 2017 Turner Prize victory is a specious cop-out Himid was praised for her "uncompromising tackling of issues including colonial history and how racism persists today". Himid was born on the island of Zanzibar, off the coast of Tanzania, in 1954. Established in 1984, the annual award is aimed at UK-based artists who have had an outstanding exhibition in the previous year. The Turner Prize, organized by Tate Gallery, is considered the most hi... [Full Article...]

Mecklenburg County server held for ransom

Mecklenburg County server held for ransom Multiple files from Mecklenburg County's server are being held for ransom after they were hacked, County Manager Dena Diorio said Tuesday. He said it's not unusual for businesses and local governments to pay the ransom. Anyone planning to go to a county office to conduct business should contact the office first to ensure they can be served. The unknown ransomware subsequently encrypted the Count... [Full Article...]

USA insurers make it to Glassdoor's Employees' Choice Awards list

USA insurers make it to Glassdoor's Employees' Choice Awards list New Home Star's number two position makes it the highest ranked real estate company since the inception of the list. Current and former employees give their input about their experience in the workplace, which Glassdoor then compiles. "If you are looking for job satisfaction, reward and enjoyment, this is an ideal company to work for". In previous interviews with Yahoo Finance , Facebook ... [Full Article...]


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