Stock Analysts

Amazon Deltona Fulfillment Center to Add More Than 500 Jobs

Amazon AMZN intends to open a fulfillment center in Deltona, FL, in order to meet the growing demand in the online shopping space. According to Amazon, the new facility, spanning one-million square foot, will create more than 500 full-time jobs. Further, it will offer wages starting at $15 an hour, including other comprehensive benefits like full medical, vision and dental insurance […]

Stock Analysts

Tencent Creating Team to Penetrate Cryptocurrency Market

Tencent Holdings TCEHY is reportedly creating a new digital currency team to explore possible new uses of cryptocurrency. Per a report, the company issued an internal notice informing employees that it was looking for someone to head its new cryptocurrency research unit. The team will look at ways to use digital currencies on Tencent’s payment platform as well as other possible business applications. […]

Stock Analysts

Credit Suisse Fined $6.5M by FINRA for Supervisory Failure

Credit Suisse Group AG ’s CS securities business based in the United States has been fined $6.5 million for supervisory failure. The Financial Industry Regulatory Authority (“FINRA”) along with Cboe Global Markets, the Nasdaq Stock Market LLC, the New York Stock Exchange and their affiliated exchanges has imposed the fine. FINRA said in a statement that Credit Suisse Securities (USA) LLC failed to set up a proper supervisory system required to monitor trading violations like spoofing and layering for clients to whom the company had offered direct market access to various exchanges between 2010 and 2014. […]

Stock Analysts

Here’s Why is it Best to Hold Capital One (COF) Stock for Now

On Dec 26, 2019, we issued an updated research report on Capital One Financial Corporation COF . The company’s solid liquidity position, strength in credit card and online-banking businesses, and efforts to diversify via acquisitions will likely drive top-line growth. Moreover, the Zacks Consensus Estimate for its current-year earnings has been revised marginally upward over the past 60 days, reflecting that analysts are optimistic regarding its earnings growth potential […]

Stock Analysts

AECOM Shares up 66% in a Year: What’s Driving the Stock?

AECOM ’s ACM shares have rallied nearly 66% in the past year, more than double of the Zacks Engineering – R and D Services industry’s growth of approximately 29%. The outperformance was backed by strong backlog position, encouraging infrastructure spending and cost-reduction efforts. Also, solid prospects across the business and strong brand presence are likely to drive growth. […]

Stock Analysts

Jacobs’ Stock Up 56% in a Year: Can the Bull Run Continue?

Shares of Jacobs Engineering Group Inc. J have rallied 56.4% in the past year, strongly outperforming its industry ’s 30% growth. Moreover, the Zacks Consensus Estimate for the company’s fiscal 2020 earnings has been raised 1.2% over the past 30 days, reflecting analysts’ optimism on its solid earnings growth potential. […]

Stock Analysts

This Decade in Tech

A decade is a long time by any standards, but in technology, a decade is a lifetime. And in the last one, technology became a more fluid thing, filling gaps we never perceived existed, bringing people closer together like never before, making life much easier and permeating into areas where we didn’t always want it. […]

Stock Analysts

Will Marriott Vacations’ (VAC) Bull Run Continue in 2020?

Marriott Vacations Worldwide Corporation’s VAC digital initiatives, innovations, cost synergies and share repurchase program bode well. Notably, in third-quarter 2019, the company’s revenues surged 51.9%, following 79.5% gain in the preceding quarter. Robust top line continues to impress investors, which is evident from the company’s share price movement […]