Home » Archive for October, 2015
Guess? Lifted to Strong-Buy at Vetr Inc. (GES)
Vetr upgraded shares of Guess? (NYSE:GES) from a buy rating to a strong-buy rating in a research report report published on Monday, AnalystRatings.NET reports. The brokerage currently has $24.00 price objective on the stock. Shares... More of this article »
Barrett Business Services (BBSI) Announces Quarterly Earnings Results, Beats Expectations By $0.03 EPS
Barrett Business Services (NASDAQ:BBSI) announced its quarterly earnings data on Wednesday. The company reported $1.57 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.54 by $0.03, AnalystRatings.Net... More of this article »
GoPro Stock Plummets Thursday
GoPro is amidst its biggest plunge to date. The maker of wearable cameras nosedived by over 16% Thursday to its lowest price since its initial public offering. The stock is not just on track to have its worst overall day ever, but... More of this article »
Goldman Sachs Assessed $50M Penalty (NYSE: GS)
Goldman Sachs has agreed to pay a $50 million penalty and accepted a three-year ban on access to certain sensitive regulatory information for failure to supervise an employee who was a former Federal Reserve Bank of New York employee.... More of this article »
Ford Motor Posts Solid Quarterly Earnings
Ford Motor Co posted net income of $1.9 billion during the just ended third quarter equal to 48 cents per share, which is over double the $835 million that it reported in the same period one year ago, as strong results in its core... More of this article »
Panel for FDA Votes in Favor of Gout Drug from AstraZeneca
A panel of medical advisers that is independent of the U.S. Food and Drug Administration voted on Friday 10 to 4 in favor of approval for a gout drug from AstraZeneca. All of the 10 who supported the drug, known as lesinurad, qualified... More of this article »
Dunkin’ Brands Posts Results That Top Estimates
Dunkin’ Brands Group posted results that were better than had been expected for its most recent quarter, despite lackluster traffic and sales at its U.S. locations of Dunkin’ Donuts. For the most recent quarter, sales at same-stores... More of this article »
Coca-Cola Misses Revenue Estimates In Third Quarter (NYSE: KO)
Despite higher volume sales,The Coca-Cola Company reported that revenue was lower than predicted by Wall Street for the third quarter. Revenue fell to $11.4 billion, a 4.6 percent decline from the same quarter a year ago. Analysts... More of this article »
Housing Starts Increase in U.S.
Construction of new homes in the U.S. was up in September, which is a sign that residential real estate will help bolster the largest economy in the world. Housing starts were up 6.5% to an annualized rate of 1.21 million, more than... More of this article »
Consumer Sentiment Bounces Back in U.S.
The consumer sentiment in the U.S. was able to bounce back strongly during the early part of October, suggesting the economic recovery had remained in place despite some headwinds due to weak demand globally and a strong U.S. dollar... More of this article »
UnitedHealth Beats Estimates on Profit As Costs Stabilize
UnitedHealth Group, the largest health insurer in the U.S. posted profit that was better than had been expected during the third quarter. The results were helped by medical costs that stabilized in its different health plans and more... More of this article »
Valeant Pharmaceuticals Served With Subpoenas (NYSE:VRX)
Valeant Pharmaceuticals International has been served with two federal subpoenas issued by the United States attorney’s offices in Manhattan and Massachusetts as part of an investigation into the company’s pricing practices.... More of this article »
Batteries Will Power Office Buildings in Orange County
Orange County’s biggest landlord is having energy systems that are battery powered at over a dozen different office buildings as part of California’s initiative to fight against global warming and to rebuild capacity lost when... More of this article »
Lyft the Ride-Hailing Business, Partners with Shell and Hertz
Lyft has entered into a partnership with Hertz Global to offer its drivers rental cars, the ride-hailing business said this past week. Daily, weekly as well as monthly rental by Hertz are available as part of a new program for Lyft... More of this article »
FIFA Unraveling Even More
The FIFA front office will be a bit emptier for a while as Sepp Blatter the president and some of his lieutenants were suspended. On Thursday, at the world headquarters of the world’s most popular sport a number of top officials... More of this article »
Google Jumps Into The News Industry (NASDAQ: GOOG)
Google announced a new news-focused tool on Wednesday, becoming the latest tech company to jump into the news industry. The new tool will reduce the loading time of news stories after they are selected from a Google search. Stories... More of this article »
August Trade Gap Widened in the U.S.
The trade deficit in the U.S. widened during August by its most in the last five months as imports started to pick up and weaker growth overseas limited sales to those abroad. The gap widened by 15.6% to over $48.3 billion from July’s... More of this article »
Oil Rebounds After Producers Lower Rig Counts
Crude oil rose in price after explorers in the U.S. reduced their rig counts to a low of five years, signaling further production drops. West Texas Intermediate futures bounced after news by Baker Hughes was released that said rigs... More of this article »