by Dorian Holden | Sep 19, 2019 | Markets
The markets aren’t too happy with the Federal Reserve this morning. All after the central bank cut rates by a quarter point to a range of 1.75% to 2%, disappointing many looking for a deeper cut. The bank also made it clear the cut was meant to serve as an...
by Jamie Johnson | Sep 19, 2019 | Markets
Shares of Roku fell more than 20% after Comcast announced it’s giving away a free streaming device. What goes up must come down. Roku stock has been on a roll this year and its shares are up more than 300% year to date. This is why it was a surprise to many people...
by Jamie Johnson | Sep 18, 2019 | Markets
The company’s shares fell more than 10% in premarket trading. On Wednesday, Wall Street analysts turned on FedEx after the company failed to deliver on its latest earnings report. Analysts from four different firms downgraded the stock after learning it missed its...
by Dorian Holden | Sep 18, 2019 | Markets
Kraft Heinz got squeezed. And unfortunately, there doesn’t appear there’s anything to get excited about. Granted, it is Kraft Heinz. They’re not going out of business. But investors want nothing to do with it. In fact, 3G Capital – the company’s second largest...
by Dorian Holden | Sep 18, 2019 | Markets
No one likes a horrendous earnings surprise. But that’s what FedEx shareholders were given late last night. Last checked, shares are down more than $18 a share after an earnings miss on trade worries, and the loss of Amazon.com as a customer. Adjusted EPS...
by Jamie Johnson | Sep 17, 2019 | Markets
Will Home Depot’s massive investments limit the company going forward? Generally, business investments are seen as a positive but not everyone is impressed by Home Depot’s massive investment plan. On Tuesday, the company was downgraded by Guggenheim out of fear that...
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