4 August, 2017 by The TZ Newswire Staff Comments Off on Blue Apron sees job cuts ahead of facility closure; shares fall 7%
Blue Apron sees job cuts ahead of facility closure; shares fall 7%
Blue Apron is losing about 37 percent of its workforce at a Jersey City, New Jersey facility.
4 August, 2017 by The TZ Newswire Staff Comments Off on Ouch! Why Electronics for Imaging, Inc. Stock Plummeted on Friday
Ouch! Why Electronics for Imaging, Inc. Stock Plummeted on Friday
Shares of Electronics for Imaging (NASDAQ: EFII) plummeted as much as 43.8% on Friday after the computer printing technology company admitted to likely accounting woes. The stock is down 43.3% at the time of this writing.
In a statement on Thursday after market close, EFI announced the postponement of its second-quarter financial call, in which it anticipated discussing the quarter’s preliminary results. It said it is postponing the call “in order to enable the Company to complete an assessment of the timing of recognition of revenue.”
4 August, 2017 by The TZ Newswire Staff Comments Off on GoPro, Inc. Crushes Expectations, Confirms New Products on the Way
GoPro, Inc. Crushes Expectations, Confirms New Products on the Way
GoPro (NASDAQ: GPRO) announced second-quarter 2017 results on Thursday after the market closed, and investors couldn’t be more pleased with the continued progress of its turnaround. GoPro also confirmed its new Fusion and Hero 6 cameras are on track to launch later this year.
With shares of the action camera and drone specialist up more than 21% Friday as of this writing, let’s zoom in for a closer look at how GoPro finished the first half.
4 August, 2017 by The TZ Newswire Staff Comments Off on Brett Arends’s ROI: Manager of this $14 billion fund has a big, scary bet on emerging markets
Brett Arends’s ROI: Manager of this $14 billion fund has a big, scary bet on emerging markets
GMO sees developing countries as best of a poor field, writes Brett Arends.
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4 August, 2017 by The TZ Newswire Staff Comments Off on Beat the System: Let this be your final warning on U.S. stocks’ overvaluation
Beat the System: Let this be your final warning on U.S. stocks’ overvaluation
When prices have risen this high, a market crash has always occurred, says Brett Arends.
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4 August, 2017 by The TZ Newswire Staff Comments Off on ‘The Sinner’ signals USA Network’s move to the dark side
‘The Sinner’ signals USA Network’s move to the dark side
USA now emphasizes dark clouds rather than blue skies.
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4 August, 2017 by The TZ Newswire Staff Comments Off on Mark Hulbert: What the plunging dollar really means for stocks
Mark Hulbert: What the plunging dollar really means for stocks
U.S.