5 October, 2017 by The TZ Newswire Staff Comments Off on A Closer Look at iRobot’s 2 Latest Acquisitions
A Closer Look at iRobot’s 2 Latest Acquisitions
iRobot (NASDAQ: IRBT), a leader in consumer robotics, has just acquired its largest European distributor, Robopolis. The acquisition, announced in July, closed on Oct. 2 and comes on the heels of iRobot acquiring its Japanese distributor, Sales on Demand Corporation, just six months earlier. Let’s dive into the details of these two acquisitions and check out the implications for the company going forward.
Image source: iRobot.
5 October, 2017 by The TZ Newswire Staff Comments Off on Why Rite Aid’s Shares Crashed 19% in September
Why Rite Aid’s Shares Crashed 19% in September
Rite Aid (NYSE: RAD) and Walgreens Boots Alliance (NASDAQ: WBA) were forced by regulators to reduce the number of stores Rite Aid is selling to Walgreens and that news, plus Rite Aid’s lackluster quarterly financial results, caused Rite Aid’s shares to lose 19% of their value last month, according to S&P Global Market Intelligence.
5 October, 2017 by The TZ Newswire Staff Comments Off on Why EXACT Sciences Corporation Jumped 13.2% in September
Why EXACT Sciences Corporation Jumped 13.2% in September
Shares of EXACT Sciences (NASDAQ: EXAS), a diagnostics company focused on colon cancer, rose more than 13% in September, according to data from S&P Global Market Intelligence. While it was a quiet month on the news front, an analyst at Leerink Partners released a bullish note to the investment community that helped to explain the rally.
5 October, 2017 by The TZ Newswire Staff Comments Off on Tariffs On Washing Machines Coming Up; Mish Rages "Let’s Tax The Sun And The Rain Too"
Tariffs On Washing Machines Coming Up; Mish Rages "Let’s Tax The Sun And The Rain Too"
Authored by Mike Shedlock via MishTalk.com,
Whirpool bitched to the Trump administration and the International Trade Commission about unfair pricing on Samsung and LG-brand washing machines.
5 October, 2017 by The TZ Newswire Staff Comments Off on 2017 Portfolio Makeover Week: Call for Candidates
2017 Portfolio Makeover Week: Call for Candidates
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5 October, 2017 by The TZ Newswire Staff Comments Off on HFRU Composite Index Gains 0.48% in September As Equity Strength Continues
HFRU Composite Index Gains 0.48% in September As Equity Strength Continues
The HFRU Hedge Fund Composite Index, which measures UCITS compliant hedge funds, gained +0.48% in September, according to Hedge Fund Research, slightly underperforming the broader hedge fund universe for the period
5 October, 2017 by The TZ Newswire Staff Comments Off on Congress Takes The First Step To Pass Tax Reform: Here’s What Comes Next
Congress Takes The First Step To Pass Tax Reform: Here’s What Comes Next
Today The House passed the 2018 budget resolution in a 219-207 mostly party-line vote (18 republicans voted against the resolution along with all Democrats), representing the first step toward the Republican goal of sending tax-reform legislation to President Trump.