Entertainment
NFLX Stock Tumbles 6% as Analyst Sees More Downside
NFLX stock tumbled in Friday’s trading session after an analyst at Bernstein says the stock could fall 21% before hitting its bottom. For a long time, Netflix Inc (NASDAQ:NFLX) was the undisputed leader of the ... [Read]
Press Release
Duke Energy Renewables announces contract with AT&T for Frontier Windpower II in Oklahoma
This Post Was Syndicated Under License Via QuoteMedia – Once complete, Frontier II will be Duke Energy Renewables’ largest wind power project in its fleet at 350 MW – AT&T joins Ball Corporation as investor ... [Read]
Communications
AT&T Stock Gains as Company Considers DirecTV Sale
AT&T (NYSE:T) is reportedly considering offloading DirecTV amid pressure from activist investors, boosting AT&T stock by 1%. The telecommunications giant is apparently considering a number of options for the future of satellite TV provider DirecTV, ... [Read]
Press Release
Beyond Meat® Announces Chief Operating Officer
This Post Was Syndicated Under License Via QuoteMedia EL SEGUNDO, Calif., Sept. 19, 2019 (GLOBE NEWSWIRE) — Beyond Meat, Inc. (NASDAQ: BYND) (“Beyond Meat”), a leader in plant-based meat, announced today that Sanjay Shah has ... [Read]
Press Release
Microsoft announces board changes and proposes election of new board member
This Post Was Syndicated Under License Via QuoteMedia REDMOND, Wash., Sept. 19, 2019 /PRNewswire/ — Microsoft Corp. on Wednesday announced the nomination of Emma Walmsley, CEO of GlaxoSmithKline (GSK) and member of the GSK board, to ... [Read]
Application Software
MSFT Stock Hits All-Time High on Dividend and Share Buyback
MSFT stock continues to gain momentum and hits a new high after Microsoft Corporation (NASDAQ:MSFT) announced an 11% dividend hike and a $40 billion share buyback. Major Move Around five years ago, Microsoft looked to ... [Read]
Communications
Roku Stock Drops As Comcast Announces New Streaming Box
Roku stock has dropped nearly 14% after Comcast (NASDAQ:CMCSA) announced it will give away free streaming boxes to internet-only subscribers. Roku Inc (NASDAQ:ROKU) has been the market’s best performer in 2019, having more than quadrupled ... [Read]
Transportation & Logistics
FedEx Bottom Line Declines After Company Boots Amazon
FDX stock slumps over 14% on Wednesday after the delivery company FedEx Corporation (NYSE:FDX) reported a decline in revenue and a 12% drop in operating income for the quarter ended August 31 relative to the ... [Read]
Consumer Packaged Goods
KHC Stock Drops After 3G Capital Sells 25 Million Shares
The nightmare year for Kraft Heinz (NASDAQ:KHC) continues as 3G Capital sells off 25 million shares in the troubled food firm, causing KHC stock to drop 4%. Second Largest Investor in KHC Stock Brazilian private ... [Read]
Computer Hardware
GLW Stock Tumbles: Weak Demand for Display and Optical Units
GLW stock is witnessing one of its worst single-day falls after Corning Incorporated (NYSE:GLW) reduced full-year outlook for its optical communications and display technologies units, stating weaker demand as the issue. Weak Demand to Put ... [Read]