business

Nintendo is Gaining Market Share in Game Consoles Market

Nintendo is Gaining Market Share in Game Consoles Market

Nintendo Co., Ltd. (OTC: NTDOY) shares have increased more than 55 percent this year, thanks to the robust sales of its new home video game console Switch.The Japanese consumer electronics and video game company has sold 2.74 million of Switch ..

Sears Dips Further After Plans to Cut 400 Jobs Announced

Sears Dips Further After Plans to Cut 400 Jobs Announced

Sears Holding Corp (NASDAQ: SHLD) stocks dipped may be due to their announcement of the company restructuring early on trading day Tuesday. Their goal is to streamline its operations and deliver cost savings. Bigger Stores such as Sears a known..

CIM Commercial Trust Corporation Gains 13+%

CIM Commercial Trust Corporation Gains 13+%

CIM Commercial Trust Corporation (NASDAQ: CMCT)stock rose over 13% on Tuesday.On the morning of June 12, 2017, the company announced that they will repurchase 26,181,818 shares and declare regular as well as special dividends.According to their pres..

Bitcoin Retreats from Record High $3,000

Bitcoin Retreats from Record High $3,000

The cryptocurrency market is growing rapidly in the recent years. The overall market capitalization has already passed $100 billion to $113 billion. Bitcoin, one of the most popular digital currency, surged to above $3,000 for the first time on..

German Aldi to Invest $3.4 billion in US Igniting Rivalry with Lidl

German Aldi to Invest $3.4 billion in US Igniting Rivalry with Lidl

German grocery chain Aldi announced over the weekend that it would invest $3.4 billion to expand its U.S. store base to 2,500 by 2022. Aldi operates 1,600 U.S. and is now planning to open 900 new stores over the next five years. The announcement was..

Ambarella Announced Better-than-Expected for the First Quarter of 2018

Ambarella Announced Better-than-Expected for the First Quarter of 2018

This week, Ambarella, Inc. (NASDAQ:AMBA) announced its Q1 financial results for the fiscal 2018, with better-than-expected earnings and revenues.According to the company, revenue for the first quarter rose 12.2% year-over-year to $64.1 mil..