Earnings and Brokerage Ratings

The IPO of Snap Jumps Up with $3.4 Billion on First Day

The maker of Snapchat, the app that let’s users send disappearing-photos and messaging service, Snap Inc., offered their Initial Public Offering slightly above the range marketed during their trading debut. The opening for Snap Inc. shares was at $24 and…

Ray Dalio, the founder of Bridgewater, one of the most influential and biggest hedge funds in the world, is stepping down from his prolonged post as Co-Chief Executive Officer due to an agonizing shake-up in their management. The man that…
Biggest Rival of Uber, Lyft Is Seeking New Funding

  The second largest company for ride hailing in the United States, Lyft is thinking of raising more money through funding just like Uber, their biggest rival, and this arises questions on their leadership and culture. Lyft is in talks…
Wall Street Closed Higher with Hopes of Rising Rates

The stocks at Wall Street had a slightly higher closing this Monday and the yields of the US Treasury also rose with the hopes of the rates rising and the expectations of a higher infrastructure spending announcement by US President…
Reasons for Clobbering of NVIDIA Shares

After an unbelievable growth run in 2016 for NVIDIA, the graphics specialist’s shares clobbered. They were down 9% when the market closed. The reason behind this was a double downgrade by an analyst. According to Tech Trader Daily, Romit Shah,…
TJ Maxx Shouldn’t Ignore Lessons from Department Stores

TJX Cos., the parent company of TJ Maxx, Home Goods, and Marshals, shouldn’t take lessons learned from the American department stores’ demise lightly. One of the chief lessons among them is how building many brick and mortar stores is a dangerous…
Carlos Ghosn Stepping Down as the CEO of Nissan

One of the world’s top leaders in the automotive industry, Carlos Ghosn is finally stepping down from his position as the Chief Executive Officer of Nissan. It was because of his able mentorship that Nissan was transformed from financial ruins…
Lumber Liquidators Reported Loss for Q4

With its inception in the year 1994, Lumber Liquidators began when a building contractor by the name of Tom Sullivan resold the excess of unwanted wood to people. Gradually, it turned into a business and now the company operates from…
Lowe’s Job Cuts Hit Home at N.C. Headquarters

Lowe’s has decided to lay off 525 employees at its Mooresville, NC headquarters and some other facilities as a part of its key operational restructuring. According to Lowe’s, it is cutting off around 430 positions at corporate office. Around 70…
US Stocks on a Northbound Journey

After remaining closed on Monday for President Day holiday, the US markets opened with most stocks in green and that too on record-highs. The strong results of the retailers and the rising oil prices improved the sentiments of the markets…
Tim Hortons and Burger King Planning to Buy Popeye’s

Owner of Tim Hortons and Burger King fast food chains, Restaurant Brands International Inc., may be acquiring Popeye’s Louisiana Kitchen Inc., according to sources who are familiar to the matter. The sources mentioned this on this Monday. This deal, according…
Plans for Adding Solar Power Accelerated by FPL

A lot of experts believe that the future of the consumer power in the US is solar energy. Solar energy plans of the largest electric utility of Florida are intended to double in the coming year. Some leading proponents in…