J.C. Penney's Turnaround Grinds to a Halt

J.C. Penney's Turnaround Grinds to a Halt

A comeback for beleaguered department store J.C. Penney (NYSE:JCP) was always a long shot. Since sales collapsed in 2012 due to disastrous changes made as part of an effort to revitalize the brand, the company has slowly crawled back from the abyss. Comparable sales returned to growth, gross margin recovered, and losses began to shrink. → Read More

Why Pearson, Cameco, and Mallinckrodt Slumped Today

Why Pearson, Cameco, and Mallinckrodt Slumped Today

Wednesday was a lackluster day for the stock market, with major market benchmarks finishing the trading session mixed. The S&P 500 and Nasdaq Composite rose slightly, but the Dow Jones Industrials lost ground as the positive influence of gains in the financial sector was offset by falling energy prices. Yet as investors waited for clearer → Read More

This Government Report Will Fuel Bank Stocks in 2017

This Government Report Will Fuel Bank Stocks in 2017

The good news keeps rolling in for bank stocks, with the U.S. Labor Department reporting today that consumer prices increased in December by 2.1% compared to the same month in 2015. Granted, this may not seem like good news. After all, isn’t inflation bad? The answer is: yes and no. Inflation is similar to the → Read More

Budweiser bows out of Team USA sponsorship

Budweiser bows out of Team USA sponsorship

Budweiser on why it’s sinking millions into the Olympics After 32 years, Budweiser’s sponsorship of Team USA has gone flat. Anheuser-Busch InBev (BUD), which owns Budweiser, has decided not to re-up its partnership with the U.S. Olympic Committee, the company said Wednesday. Read More

Netflix, Inc. Earnings: Growth Takes Off

Netflix, Inc. Earnings: Growth Takes Off

Just six months ago, Netflix (NASDAQ:NFLX) seemed to be facing a slowdown in its growth rate. Given that the company commands a very high earnings multiple, this caused skittish investors to dump the stock. In October, Netflix reassured investors with a strong third-quarter earnings report. And on Wednesday afternoon, the company addressed these worries for → Read More

Is This What's Held Back Apple, Inc.'s Cellular Baseband Ambitions?

Is This What's Held Back Apple, Inc.'s Cellular Baseband Ambitions?

“There is no stand-alone modem business anymore.” That’s NVIDIA CEO Jen-Hsun Huang from a conference call way back in 2013, when the company was developing a Tegra mobile processor with an integrated baseband modem to challenge Qualcomm (NASDAQ:QCOM). The baseband market had been shifting toward integrated solutions for years, and Qualcomm was by far the → Read More

Apple Stock Hits $120: Is It Still a Buy?

Apple Stock Hits $120: Is It Still a Buy?

Apple (NASDAQ:AAPL) stock has been on quite the tear recently, rising 21.5% in the past six months and easily outperforming the S&P 500’s 5% gain during the same period. After setting a new 52-week high in January, the stock closed Wednesday’s trading session one cent shy of a nice, round $120. With Apple stock trading → Read More

United thins management ranks

United thins management ranks

United CEO: Reinvesting in airline industry a ‘healthy sign’ United Airlines has tightened its belt, laying off some high-ranking managers as it progresses deeper into its corporate makeover. The U.S.’s third largest airline said it laid off some managing directors and disbanded, for example, its fuel hedging group, reassigning staff to other areas within the → Read More

Better Buy: Ambarella Inc vs. NVIDIA Corporation

Better Buy: Ambarella Inc vs. NVIDIA Corporation

Betting on chipmakers can be a risky business at times. Investors need to see that the companies are releasing new and better technologies faster than their competitors, and ensure that they’re not relying too heavily on just one supplier. And it’s this delicate balance that makes Ambarella (NASDAQ:AMBA) and NVIDIA (NASDAQ:NVDA) so interesting.  The two companies → Read More

Why the youngest Uber and Lyft drivers make the most

Why the youngest Uber and Lyft drivers make the most

Riding a self-driving Uber around San Francisco Want to make more money? Generally, getting older does the trick. But something curious is playing out in the ridesharing world. A new survey finds that the younger an Uber or Lyft driver is, the more they report making. Drivers over the age of 61 reported making the → Read More

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