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Lampert Reportedly Makes Winning Sears Bid, Saving Iconic Retailer From Liquidation
Wednesday, January 16, 2019 - 11:53am | 385Read More...Sears Holdings Corp (OTC: SHLDQ) Chairman Eddie Lampert has won a bankruptcy auction for the company with a bid of about $5.2 billion, saving the retailer's remaining stores and employees from the chopping block. Several news organizations reported that Lampert prevailed in...
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What We Know So Far About Apple's New iPhone
Monday, August 27, 2018 - 4:41pm | 503Read More...Few details of Apple Inc. (NASDAQ: AAPL)'s next iPhone launch are confirmed, but several experts are confident in their predictions. What Happened USA Today's tech expert Jefferson Graham said the next lineup of iPhone devices will be "bigger than ever." Apple is...
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JPMorgan Is 'Hopeful' For Gannett, But Concerns Remain
Friday, July 6, 2018 - 12:20pm | 240Read More...JPMorgan analyst Alexia Quadrani downgraded Gannett Co Inc (NYSE: GCI) — the media holding company that operates USA Today and its network of affiliates — from Neutral to Underweight, maintaining a $10 price target. The Thesis Gannett is considered well-positioned among local print...
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28% Of Uber's Lost Customers More Likely To Use Service With CEO Kalanick Gone
Tuesday, June 27, 2017 - 9:00am | 505Read More...It’s not often that management changes have a significant impact on a company or its stock. However, the recently announced departure of former Uber CEO Travis Kalanick could trigger a major boost in Uber’s business. Kalanick’s vision for the Uber ride-sharing model has changed...
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Retail Job Losses: Does This Point Toward Protracted Sectoral Weakness?
Friday, June 9, 2017 - 3:36pm | 1033Read More...That the retail sector is struggling is no secret. Brick-and-mortar stores are reeling under the impact their online counterparts are having on the way things are bought. Several of them are closing down underperforming stores, while some of them are going out of the business — arguably...
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White House Pushing 'Infrastructure Week': Here's What To Expect
Monday, June 5, 2017 - 12:07pm | 524Read More...On Monday, President Donald Trump kicked off his effort to reform the Federal Aviation Administration. The initiative is expected to mirror a plan by House Transportation & Infrastructure Committee Chairman Bill Shuster, which died after committee last year. Privatizing Air-Traffic Control The...
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ICYMI: AutoNation CEO Discusses Tesla-GM Pair Trade, Trump At NY Auto Forum
Tuesday, April 11, 2017 - 3:13pm | 720Read More...AutoNation, Inc. (NYSE: AN) CEO Mike Jackson presented this morning at the New York Auto forum and shared his insight about the auto industry and the current administration in Washington. Shareholders of U.S auto giants Ford Motor Company (NYSE: F), General Motors Company (NYSE: GM) and Tesla Inc (...
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Riding The Crest Of Ride Sharing – Uber Vs. Lyft Vs. Didi
Friday, March 10, 2017 - 4:43pm | 1390Read More...Ride sharing services are among the disruptive technologies the automotive sector has come to adopt. This service is pitched as a replacement for car ownership and at the same time offer personalized transportation service. The potential, the opportunity flaunts, is there for everybody to see and...
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The Mobile Providers Are Engaged In An All-Out Price War
Tuesday, February 14, 2017 - 10:43am | 346Read More...An all-out price war among mobile providers could result in all carriers sacrificing margins at all costs to gain market share — the result would be no clear winner emerges from the battle. According to USA Today, the latest move in the battle was initiated by Verizon Communications Inc. (...
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How Important Is GoPro For Ambarella?
Tuesday, January 10, 2017 - 4:17pm | 379Read More...Ambarella Inc (NASDAQ: AMBA) could be entering uncertain waters, as the hi-def camera maker GoPro Inc (NASDAQ: GPRO) considers taking on a new supplier. GoPro is considering adding QUALCOMM, Inc. (NASDAQ: QCOM) as a supplier, a source told Benzinga. As recently as November 2016, Ambarella...
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Gannett Ends Tronc Merger Talks: What's That Mean For The News Industry?
Wednesday, November 2, 2016 - 10:11am | 819Read More...After a seven-month courtship that veered from strong affinity to acrimonious mud-slinging, Gannett Co Inc (NYSE: GCI) called off its merger talks with tronc Inc (NASDAQ: TRNC). Checkered M&A Move The initial move was made in April, and upon hitting rough weather, Gannett went public with an...
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FDA Orders Stores To Cleanse Their Shelves Of Ineffective Hand Soaps
Tuesday, September 6, 2016 - 10:55am | 383Read More...The U.S. Food and Drug Administration (FDA) said on Friday it has banned more than a dozen chemicals used in antibacterial soap, as the agency found they provide no benefit over traditional soap bars. The FDA said there "isn't enough science" to conclude over-the-counter antibacterial soaps are in...
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Obama Moves Money Around To Keep Zika Research Going Amid Lack Of Congressional Funds Allocation
Friday, August 12, 2016 - 1:24pm | 291Read More...The Zika virus continues to dominate headlines and the fact there is no known cure has many people worried. Perhaps more worrisome is the fact that federal funding allocated towards research could run out by the end of the month. However, President Barack Obama and his administration announced...
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Google Quietly Positioning Project Fi To Disrupt The Wireless Market
Tuesday, July 12, 2016 - 11:39am | 297Read More...Project Fi, a mobile virtual network operator owned and operated by Google and its parent company Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL), is moving along at a slow and steady pace. According to a report by USA Today, Google's Project Fi could prove to be a "major shakeup" in the wireless...
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Gaming Stocks Are A Playground For Traders
Wednesday, July 6, 2016 - 10:11am | 320Read More...The "FANG" trade has dominated headlines throughout the past few years and gained popularity among investors and traders as the group of technology stocks produced superior returns compared to the broader indices. However, there is a handful of other stocks from another sector that also offered...
















