Новости за 10.05.2017

The disruptive and largely unregulated ride-sharing industry is leaving select taxi-cab rivals upside down on loans as their operation licenses, known as medallions, plunge in value. Also hurt in the mix are the financial institutions that lend to taxi companies, prompting at least one credit union to file multiple lawsuits.

The disruptive and largely unregulated ride-sharing industry is leaving select taxi-cab rivals upside down on loans as their operation licenses, known as medallions, plunge in value. Also hurt in the mix are the financial institutions that lend to taxi companies, prompting at least one credit union to file multiple lawsuits.

The disruptive and largely unregulated ride-sharing industry is leaving select taxi-cab rivals upside down on loans as their operation licenses, known as medallions, plunge in value. Also hurt in the mix are the financial institutions that lend to taxi companies, prompting at least one credit union to file multiple lawsuits.

Target Corp. confirmed with MarketWatch on Wednesday that it is raising the free shipping minimum order threshold to $35 from $25. Orders placed using the Target credit or debit card will continue to ship for free. The card also provides a 5% discount both in-store and online. "A majority of orders will continue to ship for free," said a Target spokesperson. The threshold was lowered to $25 from $50 in February 2015. It was reported on Tuesday that Amazon.com Inc. lowered its free shipping minimum to $25 from $35 for non-Prime members... Читать дальше...

Short interest in Wayfair stock is at a record level and some investors are even adding to their positions.

Short interest in Wayfair stock is at a record level and some investors are even adding to their positions.

E.l.f. Beauty Inc. shares slid 5.4% in late-Wednesday trading after the company reported first-quarter earnings. Net income was $2.16 million, or 4 cents per share, compared with $3.80 million, or a loss of $68.57 last year. Adjusted EPS was 9 cents per share, beating the FactSet consensus of 5 cents per share. Revenue was $60.6 million, up from $52.7 million and ahead of the $59.9 million FactSet consensus. E.l.f. forecasts for full-year 2017 sales of $285.0 million to $295.0 million, full-year adjusted EPS of 40 cents to 43 cents. Читать дальше...

U.S. Steel Corp. said Wednesday that Chief Executive Mario Longhi had stepped down as CEO this week after less than four years in the role. The company said he will remain on the board until he retires, effective June 30. Longhi joined the company in 2012 as chief operating officer, and was named CEO in September 2013. The company said current Chief Operating Officer David Burritt will assume the CEO role. "Mario played a key role in driving the company's transformation, including the successful... Читать дальше...

Shares of Whole Foods Markets Inc. rose in Wednesday's extended session after the grocery-store chain announced a new stock buyback plan and released in-line earnings. Whole Foods said its board raised the quarterly dividend by 29% to 18 cents a share and declared a new stock buyback program worth $1.25 billion. It also named Gabrielle Sulzberger as the new chair of the board and appointed Keith Manbeck as chief financial officer. The grocery store specializing in organic products reported its second-quarter earnings fell to $99 million... Читать дальше...

Protesters had asked Bethune-Cookman University to withdraw the invitation.

The industry for exchange-traded products has hit a new milestone, and faster than nearly anyone would have expected back when the first one was launched in 1993: $4 trillion in assets.

The industry for exchange-traded products has hit a new milestone, and faster than nearly anyone would have expected back when the first one was launched in 1993: $4 trillion in assets.

Shares of Snap Inc. plummeted 17% in after-hours trade after the company missed first-quarter earnings expectations in its first report as a public company. It reported a net loss of $2.21 billion, or a loss of $2.31 per share, wider than a loss of $104.4 million, or a loss of 14 cents per share, in the year-earlier period. The FactSet consensus was for a loss per share of 21 cents. Revenue was $149.6 million, up from $38.8 million in the year-earlier period, but below the FactSet consensus of... Читать дальше...

Shares of 21st Century Fox Inc. fell more than 4% late Wednesday after the media company reported quarterly adjusted per-share earnings above expectations but narrowly missed revenue forecasts. Fox said it earned $799 million, or 43 cents a share, in the fiscal third quarter, compared with $841 million, or 44 cents a share, in the year-ago period. Adjusted for one-time items, the company earned 54 cents a share in the quarter, compared with 47 cents a share a year ago. Revenue rose to $7.56 billion in the quarter... Читать дальше...

Snap shares plummet 17% after first public earnings disappoint

The Nasdaq Composite closed at a record for a fourth session in a row on Wednesday as solid earnings supported technology shares but the broader market finished little changed. The unexpected firing of Federal Bureau of Investigation Director James Comey by President Donald Trump weighed on the market but some of the pressure was offset by a recovery in oil prices. The Nasdaq Composite Index rose 8 points, or 0.1%, to close at 6,129. The S&P 500 edged up 2 points, or 0.1%, to finish at... Читать дальше...

Nasdaq ekes out another record as stocks end mixed Wednesday

Avi Gilburt says he expects a top in the market in the coming week.

Nvidia’s earnings and stock rally fuel renewed sense of optimism

Nvidia’s earnings and stock rally fuel renewed sense of optimism

Nvidia’s earnings and stock rally fuel renewed sense of optimism

When the story first broke over the weekend, it seemed too good to be true. Like so many things on the internet, it was.

When the story first broke over the weekend, it seemed too good to be true. Like so many things on the internet, it was.

The Dow Jones Industrial Average was trading in negative territory late Wednesday afternoon, weighed down by a late-afternoon slump in shares of Boeing Co., Walt Disney Co., and 3M Co. The trio of Dow components combined were cutting about 45 points from the blue-chip gauge, which was off 50 points, or 0.2% at 20,924. Meanwhile, the S&P 500 index traded near break-even levels, while the Nasdaq Composite was flirting with another record close, up 0.1% at 6,126. The downdraft for the Dow, which has been under pressure all day... Читать дальше...

Hulu announced on Wednesday it has tapped former AMC Networks Inc. executive Joel Stillerman as the streaming platforms newly created chief content officer. Stillerman, who was president of original programming and development at AMC, will be in charge of overseeing the growth of Hulu's content partnerships, acquisitions and expansion of its originals slate. Hulu, which is expected to soon launch a live streaming TV option, is a jointly owned by Walt Disney Co. , 21st Century Fox Inc. , Comcast Corp. Читать дальше...