Company Overview and News
Retailers count days until the holiday season as eagerly as shoppers look out for eye-popping bargains. No wonder the season, which accounts for a sizeable chunk of yearly revenues and profits, is a make or break time for retailers. With only a couple of months left for the festivities to begin, retail bellwethers from Amazon (AMZN - Free Report) to Walmart (WMT - Free Report) are sure pulling up socks to make a haul this upcoming season.
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L Brands, Inc. (LB - Free Report) continues to struggle as its brands are off trend. This Zacks Rank #5 (Strong Sell) is near 5-year lows. L Brands operates 3,084 stores in the United States, Canada, the United Kingdom and Greater China. Its brands include Victoria's Secret, PINK, Bath & Body Works, La Senza and Henri Bendel. It also operates e-commerce sites for most of those brands and has 800 additional franchised locations worldwide.
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2018-09-19 investorplace - 1
The stock market has been on an epic run. Since the 2008 Recession, the S&P 500 has gone on its longest bull run ever and has risen by more than 300% during that stretch.
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2018-09-19 investorplace - 3
In late July, cannabis company Tilray (NASDAQ:TLRY) went public at $17 per share. Today, exactly two months after its IPO, Tilray stock crossed above $200 and is showing no signs of slowing. As of this writing, stock in Tilray is closing in on $240.
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Faced with the reality that the tariff war might not be ending so soon after all, traders unwound a pretty good chunk of last week’s stock gains on Monday. The S&P 500 pulled back to the tune of 0.56%, ending the session at 2,888.80.
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On today’s episode of Free Lunch, Associate Stock Strategist Ryan McQueeney recaps earnings results from Oracle and FedEx, discusses Trump’s new tariff announcement, and explains why Facebook and Macy’s have teamed up. Later, the host is joined by Dave Bartosiak to chat about Nio, the so-called Tesla of China.
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Macy’s Inc. (NYSE: M) announced that it would be partnering with Facebook Inc. (NASDAQ: FB) in an effort to expand its e-commerce customer experience. The retail chain also will add other new features to its enterprise, including virtual reality and augmented reality.
With holiday season a couple of months away, retailers are already on a hiring spree to meet the festive rush. Needless to say, competition will be stiff whether it is brick-and-mortar stores or e-commerce platforms. As the season accounts for a sizeable chunk of yearly revenues and profits, retail bellwethers will go the extra mile to woo bargain hunters be it early-hour store openings, huge discounts, promotional strategies and free shipping on online purchases.
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2018-09-17 investorplace - 3
No investment strategy suits all the people all the time. This is particularly true for young investors in their 20s and 30s. Youth not only has social advantages; it can provide significant margin for your portfolio to grow. As such, high-growth stocks are ideal for the young-adult, millennial demographic.
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Last Thursday, Target Corp. (NYSE: TGT) announced plans to hire 120,000 seasonal workers to get the company through the 2018 holiday shopping season. That ties the single largest seasonal hiring plan ever announced, equal to last’s year’s total of 120,000 seasonal jobs at Amazon.com Inc. (NASDAQ: AMZN).
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2018-09-15 seekingalpha - 4
Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning.
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2018-09-18 - Asif
Overview Rigel Pharmaceuticals is a biotechnology company dedicated to discovering, developing and providing novel small molecule drugs that significantly improve the lives of patients with immune and hematologic disorders, cancer and rare diseases. The company's pioneering research focuses on signaling pathways that are critical to disease mechanisms. The company's first FDA-approved product is TAVALISSE™ (fostamatinib disodium hexahydrate), an oral spleen tyrosine kinase (SYK) inhibitor, for the treatment of adult patients with chronic immune thrombocytopenia who have had an insufficient response to a previous treatment. The company's current clinical programs include Phase 2 studies of fostamatinib in autoimmune hemolytic anemia and IgA nephropathy, and a Phase 1 study for its IRAK program. In addition, Rigel Pharmaceuticals has product candidates in development with partners BerGenBio AS, Daiichi Sankyo, and Aclaris Therapeutics. Since inception, Rigel Pharmaceuticals h...
2018-09-18 - Asif
Overview The company design, develop and sell exoskeleton technology to augment human strength, endurance and mobility. The company's exoskeleton technology serves multiple markets and can be used both by able-bodied users as well as by persons with physical disabilities. Ekso Bionics has sold, rented or leased devices that (a) enable individuals with neurological conditions affecting gait (stroke and spinal cord injury) to rehabilitate and to walk again and (b) allow industrial workers to perform heavy duty work for extended periods. Today, its medical exoskeleton, Ekso GT, is used as a rehabilitation tool to allow physicians and therapists to rehabilitate patients who have suffered a stroke or spinal cord injury. With its unique features designed specifically for hospitals and its proprietary SmartAssist software, Ekso GT allows for the early mobilization of patients, with high step count and high dosage treatments. The intent is to allow the patient’s central nervous syst...
2018-09-18 - Asif
Overview Agile Therapeutics is a forward-thinking women’s healthcare company dedicated to fulfilling the unmet health needs of today’s women. Twirla® and its other current potential product candidates are designed to provide women with contraceptive options that offer greater convenience and facilitate compliance. The company's lead product candidate, Twirla, also known as AG200-15, is a once-weekly prescription contraceptive patch that is at the end of Phase 3 clinical development. Since its inception in 1997, Agile Therapeutics has devoted substantial resources to developing Twirla, building its intellectual property portfolio, business planning, raising capital and providing general and administrative support for these operations. The company incurred research and development expenses of $14.4 million, $20.9 million and $25.6 million during the years ended December 31, 2017, 2016 and 2015, respectively. The company incurred research and development expenses of $2.4 milli...
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