Legalizing Marijuana in All 50 States Could Cut 7% of Beer Sales
If marijuana were legal in all 50 states, beer sales could fall by more than 7%. Even worse for the brewing industry, more than a quarter of beer drinkers have or would switch to…
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Year: 2017
All Year: 2017 Articles
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MuleSoft Enters the Market With a Bang
MuleSoft, Inc. (NYSE: MULE) entered the markets with a bang on Friday in its initial public offering. The company priced its shares at $17 per share but actually entered the market 43.5% up at…
St. Patrick’s Day in 2017 to Set Record for Economic Impact
24/7 Wall St. has decided to look at the economic impact that will be felt from St. Patrick's Day this year.
Chipotle Board to Lose 4 More Directors
Struggling restaurant chain, Chipotle Mexican Grill, said this morning that four of its current board of directors will not seek another term at the shareholder meeting scheduled for May.
Silicon Valley Insider Trader Busted Ahead of Failed Merger
The SEC has announced that an auditor based out of Silicon Valley has agreed to settle insider trading charges.
Why Vivint Solar Earnings Are Shining Bright
Vivint Solar reported mixed fourth-quarter financial results after the markets closed on Thursday, but shares were up on Friday.
Merrill Lynch Says Time to Buy These 5 Top Dividend Aristocrat Stocks
These five Dividend Aristocrats, if purchased soon, should reward investors with a payout early next quarter.
Apple Supports 4.8 Million Jobs in China, More Than Double US Total
Apple claims it has created and supported some 4.8 million jobs in China. That's more than twice as many as it takes credit for creating and supporting in the United States.
Top Analyst Upgrades and Downgrades: Adobe, Barclays, Dean Foods, Netflix, Simon Property, Snap, Vertex and More
The top analyst upgrades, downgrades and initiations seen on Friday include Adobe Systems, Barclays, Dean Foods, Netflix, Simon Property, Snap and Vertex Pharmaceuticals.
Why Tiffany Is Picking Up Going Into Its New Fiscal Year
Tiffany reported better-than-expected fiscal fourth-quarter financial results before the markets opened on Friday.
UBS Makes a Huge Addition to Quality Growth at a Reasonable Price Portfolio
The UBS Quality Growth at a Reasonable Price (Q-GARP) portfolio has consistently outperformed the S&P 500 since inception in 2007. A top wireless tower company is the newest addition to the portfolio.
Fiat Chrysler Brands Ranked Worst in Customer Service
After several blows to its quality reputation from major research firms like Consumer Reports and J.D. Power, Fiat Chrysler Automobiles N.V. (NYSE: FCAU) has been let down by its dealers. In the new J.D.…
The Largest Employer in Every State
Most state economies are relatively diverse, yet it is not uncommon for a single industry to have an outsized impact on the state’s economy and labor market. In some cases, a single company employs…
How Adobe Earnings Are Pushing New All-Time Highs
Adobe Systems Inc. (NASDAQ: ADBE) reported its most recent quarterly results after the markets closed on Thursday. The company said that it had $0.94 in earnings per share (EPS) and $1.68 in revenue, versus…
Thursday’s Biggest Winners and Losers in the S&P 500
March 16, 2017: The S&P 500 closed lower on the day, down 0.17% and 4.01 points to 2,381.26. Separately the DJIA closed down 0.09% on the day at 20,932.16, down approximately 17.94 points. The…