Aug 11, 2017 | Market News
Walmart is rolling out a new technology in its stores that enables shoppers to scan and pay for their items without checkout lanes, registers, or cashiers. Here’s how it works: shoppers download Walmart’s “Scan & Go” app, then scan the...
Aug 10, 2017 | Market News
Already successful in the United States and Europe, World Wrestling Entertainment (NYSE:WWE) closed up 2.2% following news that the WWE Network is headed to China in just over a week. Working with PPTV, the subscription video-on-demand service will be available in...
Aug 9, 2017 | Analysis, Market News
Could you imagine if every single Disney movie or the last 50 years was available at your fingertips, in addition to premium sports coverage? Well it could be a reality….because Disney wants to own a bigger piece of the streaming pie. The company announced...
Aug 7, 2017 | Market News
Our partners over at our sister sites shared with us that next year, Huawei may finally get a foothold in the US market when AT&T reportedly begins selling its next leading phone. Getting its support would be huge for the company: It’s the third-largest...
Aug 4, 2017 | Market News
This is a developing story. The already controversial ride sharing company is the subject of an investigation following the news that it knew it was dealing with faulty vehicles. UBER knowingly rented defective cars in Singapore, which were at risk of catching fire,...
Jul 13, 2017 | Market News
Quad 7 Capital has learned today that consumer groups are urging Attorney General Jeff Sessions to block AT&T’s (T) $85B plan to buy Time Warner (TWX), saying it will lead to anticompetitive effects. Seven groups including Consumers Union and Common Cause...
Jul 8, 2017 | Market News
Auto parts retailers continued to take a hit after O’Reilly Automotive’s (NASDAQ:ORLY) Wednesday warning that Q2 same store comps came in well below guidance; during the following three days, ORLY fell 21.6% to end the week at a new 52-week low, Advance...
Jul 8, 2017 | Market News
Frack sand miners plunged in yesterday’s trading, as investors worried about a possible glut of the special sand after a major supplier announced construction of a major new plant in the Permian Basin that would use regional sand On Thursday, privately...
Jul 8, 2017 | Market News
Earlier this winter ago I came right out and said that an investment in Frontier Communications Corporation (NASDAQ:FTR) was absolutely indefensible. The stock now sits at a 52-week low. Now I will be clear and tell you that his has been a stock that I have been...
Jul 8, 2017 | Market News
A report is out today that states feed costs are going to be impacting food companies quite heavily this quarter. A prime company that is going to be impacted is Tyson Foods (NYSE:TSN). As you know when I first wrote about I discussed that it was one of the largest...
Jun 24, 2017 | Market News
Sen. Bernie Sanders, I-Vt., and his wife, Jane Sanders have hired prominent defense attorneys amid an FBI investigation into a loan Jane Sanders obtained to expand Burlington College while she was its president. Politico Magazine first reported the Sanders had hired...
Jun 24, 2017 | Market News
Fed Chair Janet Yellen and New York Fed President Bill Dudley (joined by consistent hawk, Cleveland Fed President Loretta Mester) have made it clear they believe the recent slowdown in inflation is temporary. They appear ready to forge ahead with more rate hikes, with...
Jun 24, 2017 | Market News
Here is what we think you should be watching next week. Key events are scheduled for the companies listed below. Expected IPO filings: Esquire Financial (ESQ) on June 27, Avenue Therapeutics (Pending:ATXI) on June 28, Mersana Therapeutics (Pending:MRSN) on June 28,...
Jun 22, 2017 | Market News
Music industry sources say Tesla (TSLA) has had talks with all major labels about licensing a proprietary music service which would come with all of its cars, report Peter Kafka and Johana Bhuiyan at Recode. This naturally begs the question of why the automaker...
Jun 22, 2017 | Market News
Sears Holdings (SHLD) is preparing to close 20 more stores in the United States. That’s on top of 245 closings already announced, employees told Business Insider, and will bring the company’s store count down to about 1,180. The new closings come in a...
Jun 22, 2017 | Market News
Amazon (NASDAQ:AMZN) will stream Thursday night NFL games to Prime customers in the upcoming season and now seeks advertisers for $2.8M packages, according to Reuters sources. Ads would appear during the games and on Amazon’s website. Amazon paid the NFL $50M to...
Jun 22, 2017 | Market News
All 34 lenders subjected to the Fed stress tests exceeded the minimum projected capital and leverage ratios under the severely adverse scenario. It’s the third consecutive year there have been no banks failing. The results of the CCAR – in which...
