Toy maker JAKKS Pacific, Inc. JAKK shares plummeted nearly 8 percent Thursday after the stock rallied 11.5 percent Wednesday following a Toys R Us bankruptcy filing Tuesday. Ironically, Wednesday’s big move came after the company lowered its full-year earnings guidance in a press release.
Tesla Inc TSLA 1.91% is reportedly working with chipmaker Advanced Micro Devices, Inc. AMD 1% to develop chips for driverless vehicles that incorporate artificial intelligence technology. While the partnership is certainly good news for AMD investors, shares of NVIDIA Corporation NVDA 0.46%, which also has a partnership with Tesla, were seen down more than 2 percent Thursday morning.
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The Oppenheimer analyst team recently put together their monthly list of top stocks to own over the next 12 months. The list may be of particular interest for investors heading into the month of September, which has historically been the worst month for U.S. stocks. In the past 100 years, September is the only month…
For the second consecutive quarter, Bed Bath & Beyond Inc. (BBBY) stock is down double digits following a disappointing earnings report. The stock plummeted more than 14 percent on Wednesday morning after the company missed second-quarter earnings estimates and issued disappointing full-year guidance.
Tesla (Nasdaq: TSLA) investors have a lot riding on a successful Model 3 rollout. But Loup Ventures analyst Gene Munster says long-term investors that consider Tesla an auto company are missing out on the big picture.
Cereal giant Post Holdings Inc. (POST) completed an under-the-radar deal to acquire refrigerated food services company Bob Evans Farms Inc. (BOBE) Tuesday for $1.5 billion. In a difficult market for large food companies, Post jumped at the opportunity to expand its refrigerated side dish offerings and provide a long-term boost to its bottom line.
With the stock already down 8.5 percent year-to-date, expectations are fairly low for General Mills, Inc. (NYSE: GIS) ahead of its fiscal first-quarter earnings release expected out before the opening bell on Wednesday morning. However, if new CEO Jeff Harmening is able to deliver on the much-needed growth he promised investors when he took over the company in…
After a tough start for the year for Sonic Corp. (Nasdaq: SONC) and Papa John’s International (PZZA), Citi analyst Gregory Badishkanian has regained his appetite back for both fast food stocks. On Monday, Badishkanian initiated coverage of Papa John’s and Sonic with “buy” ratings and said long-term investors shouldn’t worry about their underperformance so far in 2017.
Buffalo Wild Wings (Nasdaq: BWLD) investors may need to brace themselves for some disappointing numbers in the company’s third-quarter earnings report expected out in late October. However, Oppenheimer analyst Brian Bittner says the restaurant chain’s management team is steering the ship in the right direction headed into 2018.