Consumer
What a day for the retail sector! On Monday, July 31, J.C. Penney (NYSE:$JCP) announced that it has entered into partnership with Project Runway. With this new partnership, the TV show can be turned into ... [Read]
Month: July 2017
Cryptocurrency
Those that know of cryptocurrency typically associate it with volatility. Although there are periods when volatility seems to smooth out, there are weeks where significant gaps in price fluctuations rattle the community. However, many cryptocurrencies ... [Read]
Consumer
For those interested in music company stocks, pay close attention to the following: On Monday, July 31, Pandora Media (NYSE:$P) reported financial results for the second quarter, which ended on June 30, 2017. “We have ... [Read]
Financial
Not lasting even 10 days in his position, Anthony Scaramucci has been removed as Trump’s Chief of Media. Taking the position last Friday, Scaramucci has faced criticism after trying to get a reporter to slander his ... [Read]
Consulting and Outsourcing
After being given a downgrade from Barclays, Hertz Global Holdings (NYSE:$HTZ) stock plummeted on July 31. Dan Levy, an analyst at Barclays, has officially lowered the firm’s rating for Hertz Global Holdings from “Equalweight” to ... [Read]
Real Estate
That’s one small step for real estate, one giant leap for real estate broker Redfin (NASDAQ:$RDFN). The Seattle, Washington-based company made its debut today, hitting the public market in a $138.5 million initial public offering ... [Read]
Consumer
On Thursday, Pingtan Marine Enterprise (NASDAQ:$PME) announced that it signed a distribution agreement with JD.com (NASDAQ:$JD), China’s second-largest e-commerce company. Under the terms of the distribution agreement, JD will become the exclusive online retailer for ... [Read]
Cryptocurrency
In the cryptocurrency world, Bitcoin is probably the only currency most people would be able to name. Rallying since the beginning of the year, Bitcoin has more than doubled its value to reach record highs ... [Read]
Communications
On Thursday, ShoreTel shares increased a whopping 28%, as of 11:30 a.m. EDT. Why? It all started after Mitel Networks Corp. (NASDAQ:$MITL) disclosed that it would be acquiring the Sunnyvale, California-based company. What Does That ... [Read]
Drug Manufacturers
Tetraphase Pharmaceuticals (NASDAQ:$TTPH) saw an increase in shares today. And when I say increase, I mean a whopping 27% increase. It all started after the Watertown, Massachusetts-based company disclosed positive top-line results for a phase ... [Read]