Trump Blames Congress on Failure to Pass U.S. Debt-Ceiling Legislation Earlier As Deadline Approaches
The U.S. government is slowly running out of money to pay its bills, leaving a number of companies to reconsider the country’s credit rating. U.S. officials have been busy reassuring markets that debt default will ... [Read]
This is Why Abercrombie & Fitch Co.’s Stock Increased Today – August 24th, 2017
Despite having a rough few months along with similar teen apparel companies, Abercrombie & Fitch (NYSE:$ANF) released an earnings report on Thursday, August 24th, that exceeded average analysts’ expectations. Abercrombie cited its success from its ... [Read]
Costco’s Lack of Improvement for its Online Presence Can Mean Bad News, Especially as Amazon Closes Acquisition Deal with Whole Foods
Costco Wholesale Corp (NASDAQ:$COST) began its venture into e-commerce as early as 1998 – just when Amazon (NASDAQ:$AMZN) started to expand its product offers beyond books. Despite this, however, Costco has shown little to no ... [Read]
Amazon’s Deal to Acquire Whole Foods is Set to Close on Monday, August 28th, Consumers Can Expect Lower Prices for Whole Foods Products
In a press release written by Amazon (NASDAQ:$AMZN) on Thursday, August 24th, it was announced that the company expects its acquisition of Whole Foods (NASDAQ:$WFM) to be finalized on Monday, August 28th. Together, Amazon said ... [Read]
Apple Receives Total of $208 Million in Tax Breaks to Build Two New Data Centers in Iowa
On Thursday, August 24th, the state of Iowa granted its approval of a deal that will allow tech-giant Apple (NASDAQ:$AAPL) to receive a whopping $208 million in state and local tax breaks. The deal, which ... [Read]
This is Why Dollar Tree Inc.’s Stock Increased Today – August 24th, 2017
Discount retail company Dollar Tree Inc. (NASDAQ:$DLTR) saw its stock go up as much as 9% during pre-market trading on Thursday, August 24th. The rise was most likely due to the fact that the company’s ... [Read]
Federal Trade Commission (FTC) Grants Approval to Amazon-Whole Foods Merger Deal
It looks like Amazon’s (NASDAQ:$AMZN) plans to acquire Whole Foods (NASDAQ:$WFM) is well underway. On Wednesday, August 23rd, the United States’ Federal Trade Commission (FTC) gave its approval to the merger after reviewing the deal. ... [Read]
This is Why Michaels’ Stock Increased Today – August 24th, 2017
Arts and crafts retailer Michaels (NASDAQ:$MIK) released its second quarter earnings on Thursday, August 24th. The results of the company’s second quarter had surpassed average analysts’ expectations. As a result, Michaels’ stock has increased. As ... [Read]
Facebook Faces Potential Fall in Youth Users, Stock Decreases as Investors Show Concern
After releasing strong second quarter reports and boasting 2 billion users globally, it didn’t look like there was much to worry about when it came to Facebook (NASDAQ:$FB). However, that may no longer be the ... [Read]
Former CIA Agent Valerie Plame Wilson Launches Campaign to Ban U.S. President Donald Trump from Twitter Indefinitely
Former CIA agent Valerie Plame Wilson, whose involvement with the CIA was leaked during the political scandal dubbed the “Plame Affair”, has recently begun a GoFundMe page in an effort to acquire or – at ... [Read]