Stock Analysts

4 Compelling Low-Beta Tech Stocks in the Market Right Now

Currently, stock markets are flying high, courtesy of a favorable GDP growth rate, rising disposable income, an improving labor market with unemployment rate at a 16-year low, rise in economic activity post hurricanes and a low inflation rate. All these have considerably boosted consumer sentiment, which hit a 17-year high in November. […]

Stock Analysts

Is GW Pharma (GWPH) Likely to Beat Earnings Estimates in Q4?

We expect GW Pharmaceuticals plc GWPH to beat expectations when it reports fiscal fourth-quarter 2017 results on Dec 4, before market opens. GW Pharma’s share price has increased 7.9% so far this year compared with the industry ’s gain of 23.2% in the same time frame. Factors at Play GW Pharma’s growth is solely dependent on Sativex, which is marketed outside the United States for the treatment of spasticity due to multiple sclerosis […]

Stock Analysts

Apple’s (AAPL) iPhone X Records Robust Black Friday Sales

We have always maintained that the power of Apple Inc .’s AAPL loyal customer base should not be underestimated. StreetInsider has cited a recent report by Rosenblatt China Technology wherein analyst Jun Zhnag said that Apple sold 6 million units of the pricey iPhone X model over the Black Friday weekend alone. Since its launch, iPhone X has sold over 15 million units, added the report […]

Stock Analysts

5 Momentum Stocks to Conquer the Market

It has been two decades since academics zeroed in on what we today call the “momentum effect” in stock markets. Momentum is basically the tendency of winning stocks (i.e. stocks that have outperformed the market in recent times) to keep winning and losing stocks to keep losing. […]

Stock Analysts

Facebook (FB) Rides on Social Causes, Introduces Initiatives

Facebook Inc. FB announced a number of tools and initiatives to promote social good at its second Social Good Forum held in New York. Facebook’s continuous attempts to provide social security goes on to prove its new mission, which is to “give people the power to build community and bring the world closer together." Facebook’s VP of Social Good Naomi Gleit was quoted saying, “We are constantly inspired by all the good that people do on Facebook and are committed to continuing to build tools that help communities do more good together.” We believe these initiatives will help the company to improve its brand image and in turn draw more advertisers to its platform […]

Economic Data

A Day Of Gains And Losses

Tempting fate — it never fails to disappoint. Yesterday’s regular trading day, after I proclaimed nothing could get in the way of this latest leg of a bullish trading wave, things did. Market participants who’d been riding an enormous wave of technology looked at their year-to-date gains in companies like nVIDIA NVDA , which had topped up 113%, and sold them off 10% yesterday […]

Mergers & Acquisitions

Reed & Mackay Travel Acquire French TMC, Frequent Flyer Travel Paris

Reed & Mackay Travel Acquire French TMC, Frequent Flyer Travel Paris PR Newswire LONDON, November 30, 2017 LONDON , November 30, 2017 /PRNewswire/ — REED & MACKAY – International TMC, Reed & Mackay continues what has been a significant year by furthering their global footprint through an agreement to acquire Frequent Flyer Travel Paris (FFTP). “Following on from the launch of the international partnership in April and the investment in German based Travel Management Company, Moll Travel, the acquisition of French TMC, Frequent Flyer Travel Paris (FFTP) creates further opportunities to deliver the extraordinary service we are known for,” says Reed & Mackay CEO Fred Stratford . “FFTP are an incredible business and we are delighted to join forces with them. […]

Mergers & Acquisitions

Airware Labs Corp Enters Into Letter of Intent to Acquire Item 9 Labs

Airware Labs Corp Enters Into Letter of Intent to Acquire Item 9 Labs Combination Plan to Develop Airware’s IP for Nasal Delivery of Cannabinoids PR Newswire SCOTTSDALE, Arizona, November 30, 2017 SCOTTSDALE, Arizona , November 30, 2017 /PRNewswire/ — Airware Labs Corporation (OTC: AIRW) today announced entering into a non-binding letter of intent (“LOI”) to acquire BSSD Group, LLC doing business as Item 9 Labs and other transactions related to the acquisition. Terms of the LOI call for the companies to use their best efforts to negotiate the final terms, and enter into a Definitive Agreement no later than December 31, 2017 or if not, either party can terminate the LOI. The terms of the Definitive Agreement, if one is executed, will specifically set forth the scope and details of the proposed acquisition of BSSD Group, LLC and other contemplated transactions related thereto […]

Technicals

Rite Aid (RAD) Soars: Stock Adds 14.3% in Session

Rite Aid Corporation RAD was a big mover last session, as the company saw its shares rise more than 14% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $1.43 to $1.89 in the past one-month time frame […]

Mergers & Acquisitions

Glance to Acquire Cryptocurrency Technology From #4 Top Blockchain Influencer

Glance to Acquire Cryptocurrency Technology From #4 Top Blockchain Influencer PR Newswire VANCOUVER, British Columbia, November 30, 2017 VANCOUVER, British Columbia , November 30, 2017 /PRNewswire/ — Glance Technologies Inc. (CSE: GET.CN)(CSE: GET.WT)(OTCQB: GLNNF)(FKT: GJT) announces that it has entered into a non-binding LOI to acquire the blockchain and cryptocurrency with rewards tokenization platform Blockimpact from Ztudium Limited, a company founded and led by leading blockchain influencer Dinis Guarda . Ranking.influencer.world ranks Mr. […]