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Stocks in the News: Archive

Ryan McQueeney

Here's Why Alibaba Group (BABA) Is Still A Strong Buy Stock

Shares of Chinese e-commerce giant Alibaba (BABA) moved nearly 0.85% lower on Tuesday, underscoring the rough day for tech stocks across the board. Nevertheless, this Zacks Rank #1 (Strong Buy) stock is still a solid pick in this strong sector.

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Ryan McQueeney

3 Tech Stocks With Surprisingly Low P/E Ratios

There's been no shortage of analysis on the incredible run that tech stocks have had this year, and despite a few volatile patches recently, the sector is dominating Wall Street in 2017. However, tech companies aren't known for their impressive P/E ratios. Here's three that defy that trend.

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Madeleine Johnson

Facebook Has Reached 2 Billion Monthly Active Users

Mark Zuckerberg, CEO of social media giant Facebook (FB), announced that the company has crossed 2 billion monthly active users (MAUs), up from its 1.94 billion users Facebook reported in its most recent earnings report in May.

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Jeffrey Hymen

5 Strong Value Utility Stocks To Buy Now

Customers can use the Zacks Stock Screener to search for undervalued utility stocks that are projected to beat the market and in turn, increase returns for shareholders.

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Madeleine Johnson

Google Shares Slip After Being Fined $2.7 Billion in EU Antitrust Ruling

On Tuesday, shares of Google parent Alphabet Inc. (GOOGL) are slipping, down about 1.2% in morning trading to $960.28 per share after the company was hit with a record antitrust fine of $2.7 billion (or about ???2.4 billion) by European Union regulators.

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Jeffrey Hymen

5 Biomedical Stocks That Are Expected To Surge

With the promise of regulatory reform on the horizon, investors have been excited about the biomedical space throughout the year. If you want to add some to your portfolio, check out these 5 biomedical stocks that are primed to skyrocket here.

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Megan Sanks

7 Fun Facts about Starbucks In Honor of Its IPO's 25th Anniversary

Starbucks (SBUX) had its initial public offering 25 years ago today on June 26th, 1992.

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Ryan McQueeney

Visualizing the Insane Growth of the "Internet of Things"

How big will the "Internet of Things" get? Check out this infographic to find out!

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Madeleine Johnson

Canada Goose (GOOS) Shares Slide After Announcing Public Secondary Offering

Shares of luxury parka maker Canada Goose Holdings Inc. (GOOS) are down over 4% in afternoon trading after the company announced a proposed public secondary offering of 12.5 million voting shares about three months after its $250 million IPO.

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Megan Sanks

Here's Why Morgan Stanley Downgraded GrubHub (GRUB) Stock

Shares of GrubHub (GRUB) lost 5% today in morning trading after Morgan Stanley downgraded the company from Overweight to Equal Weight, lowering its price target to $43 from $47.

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Ryan McQueeney

Here's Why Avis Budget Group (CAR) Stock Soared Today

Shares of Avis Budget Group (CAR) gained nearly 10% in morning trading Monday after the company reached a deal to manage the self-driving car fleet of Waymo, the autonomous vehicle division of Alphabet Inc. (GOOGL).

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Madeleine Johnson

Arconic Reportedly Supplied Flammable Panels to Grenfell Tower, Shares Slide

On Monday, shares of U.S.-based aluminum provider Arconic Inc. (ARNC) are sliding, down about 6% in morning trading after a Reuters report alleged the company knowingly supplied flammable aluminum panels for use at London's Grenfell Tower, the public housing structure that recently burned down.

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Ryan McQueeney

Micron (MU) Stock Rises Again: Should You Buy Before Earnings?

Shares of Micron Technology (MU) opened more than 2.2% higher on Monday morning, just days before the memory-chip maker is set to deliver its highly-anticipated third-quarter earnings report. Should you buy ahead of this earnings announcement?

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Megan Sanks

Here's Why Pandora (P) Stock is Higher Today

Shares of Pandora Media (P) rose 3.5% in pre-market trading following an analyst upgrade and reports that its co-founder and CEO Tim Westergren will step down as CEO.

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Megan Sanks

Here's Why JCPenney, Yelp, and Others Were Removed From the Russell 1000

Major companies are set to be pushed out of the Russell 1000 Index Friday as the Russell Investment Group evaluates what companies have a high enough market cap to be a part of the index's rank.

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Ryan McQueeney

3 Popular Tech Stocks With Insanely High P/E Ratios

Much has been made about skyrocketing P/E ratios throughout the tech sector. Check out these three popular tech stocks with high P/Es!

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Madeleine Johnson

Ritz-Carlton is Heading to the Seas: Should Traditional Cruise Lines Worry?

The Ritz-Carlton Hotel Company is about to make serious waves, both literally and figuratively. Yesterday, the luxury, five-star hotel chain, which is owned by Marriot International (MAR), announced that it will soon enter the cruise industry.

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Megan Sanks

Here's Why Barnes & Noble (BKS) Shares are Popping Today

Shares of Barnes & Noble, Inc. (BKS) are up about 7.5% in afternoon trading Friday, building on Thursday's momentum after the company released better-than-expected financial results for its fiscal 2017 fourth quarter.

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Ryan McQueeney

Finish Line (FINL) Soars After Earnings, Sneaker Stocks Unaffected

Shares of The Finish Line (FINL) surged more than 7% in morning trading Friday after the athletic shoe retailer posted mixed first-quarter earnings results. But is it good news for Nike (NKE), Under Armour (UAA), and Adidas (ADDYY)?

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Megan Sanks

BlackBerry (BBRY) Stock Plunges After Q1 Sales Disappoint

Shares of BlackBerry (BBRY) fell 11% in morning trading after the release of its earnings report for the first quarter of fiscal 2018, which saw sales come in well below analysts' expectations.

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Ryan McQueeney

Is Chicago the New Silicon Valley? Rahm Emanuel Thinks So

Speaking at Techweek Chicago's latest "Growth Summit" on Thursday, Chicago Mayor Rahm Emanuel described a side of the Windy City that non-residents might not be familiar with--a growing hotbed of innovation in the tech industry.

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Madeleine Johnson

Bed Bath & Beyond (BBBY) Shares Plummet After Q1 Earnings, Revenue Miss

On Thursday, shares of Bed Bath & Beyond (BBBY) are plummeting, down about 8.4% to $31.20 per share in after-hours trading after the company reported disappointing first-quarter fiscal 2017 financial results. BBBY was down over 11% at one point in extended trading.

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Madeleine Johnson

Under Armour (UAA) Stock Up on Sneaker Deal with NBA Draft Prospect Josh Jackson

On Thursday, shares of Under Armour (UAA) closed the day up 1.67% to $20.65 per share after the athletic retailer signed top NBA draft prospect Josh Jackson to a sneaker deal.

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Jeffrey Hymen

5 Oil Stocks That Are Expected to Outperform The Market

The oil industry possesses numerous hidden gems that investors view as opportunities for massive capital gains.

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Madeleine Johnson

Is Walmart Thinking About a Whole Foods Bid?

On Thursday, JPMorgan research analysts believes Amazon's biggest brick-and-mortar rival could potentially make a play for Whole Foods. That would, of course, be Walmart.

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