Needham is the latest analyst to issue a bear note on NFLXStreaming giant Netflix Inc (NASDAQ:NFLX) is struggling this morning, 2% lower at $296.43, after becoming the subject of one of Needham's latest bear notes. Analyst Laura Martin downgraded the equity to "underperform" from "hold," saying increased competition from rival streaming services could force a loss of around 4 million premium U.S...Read More
Tech has put in a strong performance in 2019The technical backdrop for U.S. stocks has been positive for most of 2019. The Nasdaq Composite (IXIC) has outpaced the Dow Jones Industrial Average (DJI) and S&P 500 Index (SPX) on a monthly basis for a majority of the year, and is currently up 30.5% since its Dec. 31 close, compared to a 20% gain for the Dow, and a 25.5% gain for the S&P over that same...Read More
MCD, DPZ, and SBUX all received "outperform" designationsBrokerage firm RBC last night began coverage on a number of restaurant stocks, including taking bullish outlooks on big names McDonald's Corp (NYSE:MCD), Domino's Pizza, Inc. (NYSE:DPZ), and Starbucks Corporation (NASDAQ:SBUX). Let's take a quick look at the details around the stocks, and how they're trading this morning.For blue chip MCD, R...Read More
SFIX is heading trading at its highest level since late JulyA big earnings winner this morning is Stitch Fix Inc (NASDAQ:SFIX), after the e-tailer broke even for its fiscal first quarter, toppling the estimated loss of 6 cents per share. Revenue and active clients also topped expectations, prompting six price-target hikes already, the highest coming from SunTrust Robinson to $38 from $36. J.P. Mo...Read More
"Greatland Gold (#GGP) releases positive results from geochemical survey at Paterson Range EastComprehensive work enhances existing targets and identifies multiple new targethttps://t.co/DdhrOwvO5R"Read full newsRead More
"Asiamet Resources (#ARS) rises by 6% on co update.Encouragingly, it looks like partnership talks are ongoing'From a Corporate perspective, strategic discussions with respect to partnering continue with highly reputable and interested parties.'https://t.co/zwS4Xdq1o4"Read full newsRead More
Iron ore futures in China rose to their highest in more than four months on Tues...Read full newsRead More
Lululemon Athletica's COO just accepted a position as CEO of travel company Away It was announced yesterday evening that the chief operating officer (COO) of athleisure company Lululemon Athletica Inc (NASDAQ:LULU), Stuart Haselden, will be leaving the firm to join privately owned luggage maker Away as its CEO, effective Jan. 10. The stock is up 0.7% at $232.50, at last check.This announcement com...Read More
"#MorganStanley has been fined $22.1 million by French regulators after the bank's London desk was accused of #manipulating the market #peanuts https://t.co/T8MnJ9RTrb via @markets"Read full newsRead More
The Fed's final meeting of 2019 will kick off later todayAfter markets snapped a three-day win streak yesterday, stock futures are reacting to a slew of trade-related headlines this morning. Dow Jones Industrial Average (DJI) futures were initially off triple-digits after the South China Morning Post suggested the chances of a U.S.-China trade deal this week are slim. However, futures quickly t...Read More
Shares of Canada's First Quantum Minerals Ltd rose as much as 5% to their h...Read full newsRead More
Saudi Aramco will exercise its 15% greenshoe option in whole or part during the ...Read full newsRead More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) is pleased to announce that the Company has closed its previously announced non-brokered private placement, pursuant to which the Company issued 8,056,858 units of the Company ("Units") at a price of $0.40 per Unit, for gross proceeds of $3,222,743.20 (the "Non-Brokered Financing").Each Unit is comprised of one common share of the Com...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") is pleased to announce that a $450,000 purchase order has been received for a bus operating company to equip their fleet of buses with the Uniden (R) UV350. Marc Seelenfreund, CEO of Siyata Mobile, commented, "The UV350 is a great communications device for the bus market on both the North American an...Read More
"$CHWY - Chewy, Inc. (CHWY) CEO Sumit Singh on Q3 2019 Results - Earnings Call Transcript. Read more: https://t.co/jczY6GKebP #markets #trading #business"Read full newsRead More
"$CARG - Put CARG On Your Watchlist For International Growth. Get more info on Seeking Alpha: https://t.co/EMkRsTE3KE #finance #markets #business"Read full newsRead More
"$CHK - Chesapeake Energy: Putting Things Into Perspective. Read more and sign up for updates: https://t.co/zuKEQIKNgt #trading #stocks #stockmarket"Read full newsRead More
"$GLCNF - Glencore's Corruption Investigation - Buy On Any Substantial Price Fall. Follow this and any other stock on Seeking Alpha! https://t.co/3vA1dOPS1x #stocks #stockmarket #business"Read full newsRead More
"$CSCO - Cisco Systems, Inc. (CSCO) Management Presents at Raymond James Technology Investors Conference (Transcript). Get more info on Seeking Alpha: https://t.co/Gd1WeKq8MQ #business #markets #economy"Read full newsRead More
"$ASNA - Ascena Retail Group, Inc. (ASNA) CEO Gary Muto on Q1 2020 Results - Earnings Call Transcript. Keep reading: https://t.co/LpETJMg9eS #economy #stocks #finance"Read full newsRead More