Business


The Glu Mobile (GLUU) and Polarityte (COOL) Financial Survey

Price to Earning P/E ratio and Forward P/E stand at 0 and 0 respectively. They expect $-0.07 EPS, down 16.67% or $0.01 from last year's $-0.06 per share. Over the past week, the company showed volatility of 3.52%. The average twelve-month price objective among analysts that have updated their coverage on the stock in the a year ago is $2.85.


Uber CEO Kalanick resigns under investor pressure

Uber CEO Kalanick resigns under investor pressure

February 2: Uber CEO Travis Kalanick quits President Trump's council of business leaders amid mounting pressure from employees and customers over the immigration order. The departure of Kalanick and Michael may allow the company to change its widely criticized corporate culture . For those unaware, Alphabet filed a case against Uber accusing them of stealing the self-driving vehicle technology from its Waymo unit.



Stifel Nicolaus Upgrades Rating On Red Hat, Inc. Common Stock (RHT)

Capital Counsel Llc decreased Sgs Sa Adr (SGSOY) stake by 63,551 shares to 1.17 million valued at $23.63M in 2016Q4. Equity Residential (EQR) has risen 2.77% since June 21, 2016 and is uptrending. They now have a Dollars 109 price target on the stock. The firm has "Buy" rating by Credit Suisse given on Tuesday, September 22. Morgan Stanley restated an "equal weight" rating and issued a $98.00 target price (up previously from $90.00) on shares of Red Hat in a report on Wednesday.



US Crude Oil Inventories and Oversupply Concerns

Crude held weaker in Asia on Wednesday after industry estimates on USA crude inventories painted a mixed picture with a larger than expected draw in oil stocks, but gasoline supplies up again and official data was awaited. One side effect of lower crude prices is a near-total reversal in the crude oil futures market . Gasoline inventories recorded a draw of 0.6 million barrels on the week with a 1.8% annual increase while distillate recorded a build of 1.1 million barrels with a ...



Amazon's Acquisition of Whole Foods to Impact North Texas

The online retailer will pay $42 per share in an all-cash transaction that also includes the supermarket's debt. As Amazon moves into the grocery business with its $13.7 billion purchase of Whole Foods Market , the online retailer might meet resistance from some dedicated shoppers reluctant to buy food on the internet.