Consulting and Outsourcing
This is Why Hertz Global Holdings Stock is Plummeting Today
After being given a downgrade from Barclays, Hertz Global Holdings (NYSE:$HTZ) stock plummeted on July 31. Dan Levy, an analyst at Barclays, has officially lowered the firm’s rating for Hertz Global Holdings from “Equalweight” to ... [Read]
Real Estate
Real Estate Broker Redfin Debuted Today and It Went Better Than Expected
That’s one small step for real estate, one giant leap for real estate broker Redfin (NASDAQ:$RDFN). The Seattle, Washington-based company made its debut today, hitting the public market in a $138.5 million initial public offering ... [Read]
Consumer
Pingtan Marine Enterprise and JD.com Announce Distribution Agreement
On Thursday, Pingtan Marine Enterprise (NASDAQ:$PME) announced that it signed a distribution agreement with JD.com (NASDAQ:$JD), China’s second-largest e-commerce company. Under the terms of the distribution agreement, JD will become the exclusive online retailer for ... [Read]
Communications
ShoreTel Shares Increased 28% Today and Here’s Why!
On Thursday, ShoreTel shares increased a whopping 28%, as of 11:30 a.m. EDT. Why? It all started after Mitel Networks Corp. (NASDAQ:$MITL) disclosed that it would be acquiring the Sunnyvale, California-based company. What Does That ... [Read]
Drug Manufacturers
Tetraphase Pharmaceuticals Saw an Increase in Shares Today, Here’s Why!
Tetraphase Pharmaceuticals (NASDAQ:$TTPH) saw an increase in shares today. And when I say increase, I mean a whopping 27% increase. It all started after the Watertown, Massachusetts-based company disclosed positive top-line results for a phase ... [Read]
Basic Materials
AK Steel Holding Corporation Stock Skyrocketed Today After Releasing its Q2 Earnings Report
AK Steel Holding Corporation (NYSE:$AKS) released its Q2 earnings report today, and the stock went flying. When looking at the Q2 earnings report, we can see that the company reported earnings per share of 19 ... [Read]
Consumer
Pandora Media Shares Edge Higher After Jana Partners Makes Investment
If you’re looking for entertainment stocks, you might want to think about adding Pandora Media (NYSE:$P) to your investment portfolio. On Monday, July 24, Pandora Media shares were moving higher in trading after Jana Partners, ... [Read]
Consumer
Apparel Retailer J.C. Penney Will Now Accept Apple Pay
Big day for the retail sector! On July 24, apparel retailer J.C.Penney announced that its stores nationwide will now accept Apple Pay (NASDAQ:$AAPL). “As part of its focus on creating an easy and seamless customer ... [Read]
Consumer
Blue Apron’s Stock Increased 12% After Analyst Recommendations
If you’re a retail investor, you should know what’s been happening in the sector as of late. On Monday, Blue Apron’s stock (NYSE:$APRN) increased by 12% after analysts gave a thumbs up for its prospects. ... [Read]
Cannabis
The Latest Creation From the Cannabis Sector is a Cannabis-Infused Keurig Cup Line
Now that support for cannabis has grown to a majority, the question of national legalization is not so much a matter of “if” but “when.” Until this point, the cannabis sector in California has been ... [Read]