investments

GE Stock at 9-Year Low

GE Stock at 9-Year Low

General Electric (NYSE: GE) has experienced a 52.43% share price drop in the past year. The conglomerate ranked no. 1 in the S&P 500 in 2004, worth USD 400 billion, is now ranked no. 59 in the S&P’s most valuable companies.  ..

Booming “Safe” Stocks Have Wall Street Alarm Bells Ringing

Booming “Safe” Stocks Have Wall Street Alarm Bells Ringing

With a risk averse investing style becoming very popular within the last year, the surge in “Safe” and “Quality” stocks has been booming. A safe and quality stock is one in which the company or bank has low debt and high prof..

Under Armour to Cut 3% of Workforce, Shares Jump

Under Armour to Cut 3% of Workforce, Shares Jump

Under Armour Inc. (NYSE: UAA) said on Thursday that its restructuring program will now cost more than it previously expected: It plans to cut about 400 jobs, or about 3% of its global workforce, by March.Under Armour shares jumped nearly 7% in midda..

Bank of America Downgrades EA and Activision Blizzard Due to “Fortnite” Growth

Bank of America Downgrades EA and Activision Blizzard Due to “Fortnite” Growth

Bank of America Merrill Lynch lowered its rating for both Electronic Arts (NASDAQ: EA) and Activision Blizzard (NASDAQ: ATVI) shares to neutral from buy due to the crowded holiday season and competition from Epic Games’ “Fortnite.”..

Tesla Inc. has extended $1.1 billion loan agreement

Tesla Inc. has extended $1.1 billion loan agreement

Tesla Inc. (NASDAQ: TSLA) has extended its $1.1 billion warehouse loan agreement. The loan meant to finance the innovative company’s growing inventory.Tesla wrote in the recent filing published:On August 16, 2018, certain subsidiaries of Tesla..

Estee Lauder tops Q4 Earnings and Revenue Estimates

Estee Lauder tops Q4 Earnings and Revenue Estimates

Estee Lauder Cos Inc. (NYSE: EL) beat quarterly profit and sales estimates on Monday, August 20TH, 2018 as customers purchased more of its Clinique and La Mer skincare products at duty free stores, online and beauty retailers.Following the report, s..