Month: October 2019

Investors are eager to gauge whether the lure of Prime Day sales and one-day shipping incentivized customers to spend more on Amazon during Q3 …read more […]

A Massachusetts judge on Thursday gave the state’s attorney general the greenlight to sue Exxon Mobil Corp “ASAP” over allegations it concealed from investors and consumers its knowledge of the role fossil fuels play in climate change. The ruling was a setback for Exxon, which had sought to delay the filing of the long-expected lawsuit by Massachusetts Attorney General Maura Healey until after the close of a trial over similar claims by New York’s attorney general. Suffolk County Superior Court Judge Heidi Brieger during a hearing in Boston acknowledged that Healey’s office was required to give Exxon …read more […]

VirnetX Holding Corp (NYSEMKT:VHC) shareholders might be concerned after seeing the share price drop 27% in the last… …read more […]

Idaho-based memory chipmaker Micron Technology on Thursday challenged rival Intel Corp with a new line of hard drives aimed at data centers, just as the two companies are on the cusp of formally ending a joint venture of more than a decade that developed the technology. Micron and Intel worked together starting in 2006 to bring to market what is called 3D cross-point memory technology. The technology uses three-dimensional features on storage chips to make them faster. …read more […]

Twitter plummeted after Goldman Sachs slashed its price target from $52 to $34. The company reported its quarterly earnings results which missed both top and bottom lines. Yahoo Finance’s Akiko Fujita and Dan Howley discuss on The Ticker. …read more […]

“Since 2006, value stocks (IVE vs IVW) have underperformed 11 of the 13 calendar years and when they beat growth, it wasn’t by much. Cumulatively, through this week, it has been a 122% differential (up 52% for value vs up 174% for growth). This appears to be the longest and most severe drought for value […] …read more […]

World-class money managers like Ken Griffin and Barry Rosenstein only invest their wealthy clients’ money after undertaking a rigorous examination of any potential stock. They are particularly successful in this regard when it comes to small-cap stocks, which their peerless research gives them a big information advantage on when it comes to judging their worth. […] …read more […]

American Airlines in 2019 grounded one of its newest jets for months, lost a key South American airline partner to a top competitor, sued its mechanics union over an alleged illegal labor action, and struggled with operational reliability. Yet, speaking Thursday on the carrier’s third-quarter earnings call, American’s top executives were chipper. And why not? […] …read more […]