Business

California judge rules coffee firms must add cancer warning

California judge rules coffee firms must add cancer warning

Stifel Nicolaus maintained the shares of LKQ in report on Thursday, January 4 with "Buy" rating. Wedbush reiterated a "buy" rating and set a $70.00 target price on shares of Starbucks in a research note on Monday, January 22nd. Several other hedge funds and other institutional investors also recently modified their holdings of SBUX . Commonwealth Bank of Australia increased its stake in Starbucks by 7.0% in the 2nd quarter.


Under Armour says MyFitnessPal data breach hit 150 million users

Under Armour says MyFitnessPal data breach hit 150 million users

Thankfully no financial information or social security numbers were part of the breach, but instead things like user names, email addresses, and hashed passwords are some of them. Under Armour purchased MyFitnessPal in 2015 in a deal worth $475 million. That's a data breach roughly three times the size of the one allegedly perpetrated by Cambridge Analytica using private information from 50 million Facebook profiles.


Amazon shares PLUMMET as Trump accuses website of not paying ENOUGH tax

Amazon shares PLUMMET as Trump accuses website of not paying ENOUGH tax

Shares of the company fell as much as 6% in trading Thursday, though rebounded by about 1% by the day's end. The official said Trump links this to Amazon Chief Executive Jeff Bezos' private ownership of the Washington Post , which he has called "fake news " for its critical coverage of his administration.


Taking a Look at the Data Behind McDonald's Corporation (MCD)

Taking a Look at the Data Behind McDonald's Corporation (MCD)

Carnival Corporation (NYSE: CCL ) has a beta of 0.83, contrast to a beta of 1 for the market, which implies that the stock's price movements are less extreme than the market as a whole. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell. The firm has "Buy" rating by Cowen & Co given on Thursday, August 31.


Tech selloff hits United States stocks, Nasdaq slumps 2.9%, Dow -1.4%

Tech selloff hits United States stocks, Nasdaq slumps 2.9%, Dow -1.4%

Stocks wavered through much of the morning, recovered somewhat by early afternoon, but then veered sharply lower as investors sold shares in Nvidia , Twitter , Facebook and other technology companies. Elsewhere, 10-year Treasury yields edged higher ahead of major debt sales. TECH PRESSURE: Amazon, Netflix and other consumer-focused tech companies suffered losses that outweighed gains in other sectors.


Barclays Pays $2bn To Settle Fraud Case

Barclays Pays $2bn To Settle Fraud Case

The US alleged that the bank had misled investors about the quality of loans backing the securities in the run-up to the financial crisis. The suit was also unusual in targeting two former executives at the bank, Paul Menefee and John Carroll, who also settled Thursday and agreed to pay US$2 million to resolve claims without admitting wrongdoing.