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Amid YTD Rally, Retail Stocks Miss Out
Amid YTD Rally, Retail Stocks Miss Out
January 10, 2019  |  Retail

Stocks are up modestly to start the year, but based on Thursday’s trading action, the retail sector is escaping investors’ favor (to put it mildly),...

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Macy’s Misses On Holiday Sales
Macy’s Misses On Holiday Sales
January 10, 2019  |  Retail

The holiday season was a bit less merry, from a comparable sales perspective, than Macy’s had been forecasting, as the department store retailer cut its...

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Apple Continues Slide, Falls Behind Alphabet
Apple Continues Slide, Falls Behind Alphabet
January 03, 2019  |  Apple

Apple, once the world’s biggest company, continues to tumble after a disastrous Q1 shortfall that saw shares drop 9 percent on Thursday (Jan. 3), according...

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Citi Latest To Lower Q1 iPhone Forecast
Citi Latest To Lower Q1 iPhone Forecast
December 30, 2018  |  Apple

Apple was dealt more bad news on Friday (Dec. 28) when Citi Research cut its estimates for iPhone production in the first quarter, becoming the...

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European Bank Stocks Down A Collective 25 Percent
European Bank Stocks Down A Collective 25 Percent
December 27, 2018  |  International

It’s been a difficult year for European banks, and shares in 2018 were the worst since the eurozone crisis, according to the Financial Times. With...

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Facebook Shares Fall 7.3 Pct Post-DC Lawsuit
Facebook Shares Fall 7.3 Pct Post-DC Lawsuit
December 19, 2018  |  Facebook

With the news of a lawsuit against Facebook (FB) by prosecutors in the District of Columbia, the social media company’s shares slid significantly on Wednesday (Dec....

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SoftBank Soars While France’s X-Mas Sours (For Retailers)
SoftBank Soars While France’s X-Mas Sours (For Retailers)
December 14, 2018  |  Sizzle/Fizzle

Sizzle SoftBank Mobile IPO: With $23.5 billion in corporate pockets, becomes the biggest listing in Japan on record and the second largest stock market listing...

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Marlboro Sees Opportunity In Canadian Cannabis
Marlboro Sees Opportunity In Canadian Cannabis
December 09, 2018  |  Investments

Altria Group, the maker of Marlboro cigarettes for the U.S. market, announced that it is acquiring 146.2 million newly-issued shares of Canadian cannabis company Cronos...

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Boku Buys ID Authentication Co. Danal For $68M
Boku Buys ID Authentication Co. Danal For $68M
December 06, 2018  |  Partnerships / Acquisitions

Boku, a company that lets users charge smartphone purchases to their bills from companies like Apple, Microsoft and Spotify, among others, has purchased Danal, an...

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