Shares of Rite Aid Corporation RAD have surged more than 17.6 percent in the past three months, as the stock has recently made a push make new all-time highs. With the company set to release earnings on Thursday, is now the time for traders to be taking profits in the drug store, or is the…
Several major telecom companies, as well as Amazon.com, Inc. AMZN, have come under recent scrutiny from the European Union, as concerns over market dominance continue to grow. Among the EU’s expressed risks for consumers are more expensive bills and reduced innovation as a result of these companies’ increasing market share.
With the top leadership position at Twitter Inc TWTR currently up in the air, shareholders are waiting with baited breath to see who the company chooses as its next CEO. Current CEO Dick Costolo will be stepping down on July 1 and will be replaced on an interim basis by Twitter co-founder Jack Dorsey. Everyone…
In a new report, analysts at JMP Securities focused on stocks and recent developments in the world of biotechnology. Overall, much of the sector has been under pressure recently from a negative market tone and “puzzling” Endocrinology and Metabolic Drug Advisory Committee (EMDAC) discussions.
JMP Securities analysts recently attended the Gartner Security Summit in Maryland. JMP analyst Erik Suppiger followed up this week with a report on the key takeaways from the summit, including the four major trends that JMP identified in the cybersecurity space.
eBay Inc EBAY and subsidiary PayPal recently issued changes to their user agreements that will go into effect on July 1. One aspect of the new agreement, provisions allowing eBay and PayPal to call and text customers, was quick to raise concerns among users. Apparently, users were not the only ones concerned with the policy…
According to the latest report by Longbow Research, the hard disk drive (HDD) market is not as weak as many had expected so far in Q2. Longbow’s recent price checks indicate that the HDD comeback is largely due to strength in consumer PC numbers.
After recently scoring among the lowest-rated companies in this year’s American Consumer Satisfaction Index data, dissatisfied Comcast Corporation CMCSA customers may now have another reason to dislike the company. According to new court documents, Comcast now stands accused in Texas bankruptcy court of deliberately undermining sports channel Comcast Sportsnet Houston.
According to documents released on Thursday, the European Commission has launched an official antitrust probe into Amazon.com, Inc. AMZN e-book business. In a statement released on Thursday, regulators explained that the antitrust investigation will focus on whether or not Amazon is abusing its dominant global position in e-book publishing.
Reuters reported on Friday that U.S. Defense Secretary Ash Carter met with China’s General Fan Changlong this week to discuss South China Sea land reclamation, U.S.-China military cooperation and a potential U.S. visit by Chinese President Xi Jinping later this year. Military presence and artificial island construction in the South China Sea have been a…