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Is retail making a comeback? It may be too early to say, but analysts at Citi at the very least expect concerns to "subside in a meaningful way" in 2018. The Analyst Citi's Kate McShane and Geoffrey Small. The Thesis The tremendous growth of e-commerce and the rise of Amazon.com,... Read More...
Activision Blizzard (NASDAQ: ATVI), the company behind Call of Duty, Skylanders and the ill-fated Guitar Hero franchise, is seeking independence from Vivendi (OTC: VIVHY). The company had hoped to buy back roughly 429 million shares -- worth $5.83 billion -- from Vivendi earlier this year.... Read More... Don't Miss Any Updates! News Directly in Your Inbox Subscribe to:
A bullish case for medical device manufacturer Cooper Companies Inc (NYSE: COO) can now be made for three reasons, according to KeyBanc Capital Markets. The Analyst KeyBanc's Matthew Mishan upgraded Cooper Companies from Sector Weight to Overweight with a new $298 price target.... Read More... Don't Miss Any Updates! News Directly in Your Inbox Subscribe to:
Tesla Inc. (NASDAQ: TSLA) shares jumped more than 8% on Monday to top $500 for the first time, boosted by a huge price target hike from Oppenheimer. The charge for Tesla also followed a positive remark on CNBC from Jim Cramer, who called the company's CEO Elon Musk, "the new face of an... Read More...
Merger activity decreased last week with five new deals announced and four deals completed. Two of the five deals announced were successful “deals in the works”. Founded in 1973 in Dallas, Texas, The Michaels Companies is one of America’s largest arts and crafts retailer. I had... Read More...