Business


Snap CEO dismisses growth shortfall, scoffs at Facebook

William Blair reissued their outperform rating on shares of Snap Inc (NYSE:SNAP) in a report released on Thursday morning. Snap's revenue jumped almost four-fold year-over-year to $149.6 million but fell short of the average analyst forecast of $158 million, according to Thomson Reuters I/B/E/S.



Rod Rosenstein: Caught in the James Comey sacking storm

The move sent shockwaves across Washington. During a visit to Capitol Hill on Thursday, Rosenstein told Sinclair Broadcast Group that he is not resigning and that he did not threaten to quit. However, last week t White House press secretary Sean Spicer said Mr Comey had the president's confidence. President Trump is grappling with the gravest controversy of his presidency as the storm kicked up by his firing of FBI Director James Comey rumbles on.


Verizon Communications Inc. (VZ) Shares Bought by Pinnacle Financial Partners Inc

Verizon Communications Inc. (VZ) Shares Bought by Pinnacle Financial Partners Inc

Verizon Communications Inc. has a 52-week low of $45.76 and a 52-week high of $56.95. Verizon Communications Inc. The firm has a market cap of $187.73 billion, a PE ratio of 15.39 and a beta of 0.43. The consensus recommendation by Thomson Reuters analysts is Outperform and their mean rating for the stock is 2.00 on scale of 1-5. The current share price indicates that stock is -24.49% away from its one year high and is moving 1082.67% ahead of its 52-week low.



Overbuying Stock in the Spotlight: DryShips Inc. (NASDAQ:DRYS)

Further, analysts have a 12 month target price of $16800.00 on company shares. The Company has 48.80 million shares outstanding and 48.80 million shares were floated in market. In the last six months the stock's performance fell -85.39% while yearly performance of the company fell -99.60%. Year to date (YTD) refers to the period beginning the first day of the current calendar or fiscal year up to the current date.


Metrolinx to buy vehicles from Bombardier competitor

Metrolinx to buy vehicles from Bombardier competitor

The Ontario government says it has an agreement to buy 61 light-rail vehicles from French manufacturer Alstom as an insurance plan in case Bombardier can't deliver railcars for transit projects in Toronto. Metrolinx plans to open the 19-kilometer (12-mile) Eglinton Crosstown route in 2021. Metrolinx, the provincial transit agency for the GTA, is permitted to issue sole source contracts under certain emergency conditions, Steven Del Duca said.


Zayo Group Stock Tumbling on JPMorgan Downgrade

Zayo Group Stock Tumbling on JPMorgan Downgrade

The 52-week range of the share price is from $7.12 - $17.01. ( ZAYO ) has a market capitalization of 7.9 Billion which suggests the company is a huge company further suggesting that the shares of Zayo Group Holdings, Inc . A firm having high P/E ratio generally signified positive future performance and investors are willing to pay more for this company's shares. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink .