Month: October 2018
With new finance chief on board, Starbucks restructuring heats up
While the brand name Starbucks (SBUX) continues to be synonymous with ready-to-drink coffee in most parts of the world, the…
Data breach drives final nail in coffin for Google +
Alphabet Inc.’s (GOOGL) subsidiary Google revealed that the personal data of around 500,000 Google + users might have been exposed…
Tilray, Canopy Growth could emerge winners in a year’s time
Tilray’s (TLRY) enthusiastic IPO in July and the stock’s subsequent high jump to $13.27 billion valuation have put the entire…
Will Trump’s tax reform save the banking sector?
As we move closer toward Friday for the banking earnings this new quarter, we also have to look at how…
General Electric gets an upgrade from Barclays
General Electric’s (GE) stock was given a rating of Overweight by Barclays who set its price target at $16. Last…
It’s time to look at cryptos from a different perspective
There is no doubt Bitcoin and the many cryptos that mushroomed after its success enjoyed the patronage of some serious…
A holiday season without Toys R Us looks less cheerful
The toy industry suffered a hard blow when Toys R Us went out of business but the challenges are far…
Eight retailers that could go bankrupt this year
Last week, America’s largest mattress company – Mattress Firm – became the latest victim of the retail apocalypse, filing for…
Streaming partnership with MGM kicks off a new era for Walmart
Walmart (WMT) might not have ever considered diversifying its business to video-on-demand service unless arch-rival Amazon (AMZN) had successfully proved…
Major companies reporting earnings this week: October 8 – 12
Here is a look at some of the major companies that will be reporting their earnings this week. It is…