Posts filed under "News"

Legal Setback For Herbalife Ltd. (NYSE:HLF)

Posted by Steve Raasch October 17, 2013 0 Comment 1504 views

In what is being described as a big set back to the Cayman Island based personal products manufacturing company Herbalife Ltd. (NYSE:HLF) a U.S. District court has turned down Herbalife Ltd petition to dismiss a lawsuit brought against it by Dana Bostick. Ms Bostcik has been waging a “class alleging violation” against the personal products […]

Ford Motor Company (NYSE:F) To Recall 24,000 Cars

Posted by Samantha Donahue October 6, 2013 0 Comment 2364 views

Ford Motor Company (NYSE:F) is recalling around 24,000 cars to fix a fault in the car chimes. This chime is an alarm that sounds if the driver door has been accidentally left open when the key is in the ignition. The recall is for Ford Focus electric cars in Canada and the U.S that were […]

Elon Musk Of Tesla Motors Inc (NASDAQ:TSLA)’s Model S

Posted by George Brook October 6, 2013 0 Comment 962 views

Tesla Motors Inc (NASDAQ:TSLA)’s Chief Executive officer, Elon Musk has defended the Model S safety after a fire broke out on 1 October, in one  the cars that was being driven in Kent, Washington. The fire that broke out after the Model S struck metal debris while on the road has raised many questions about […]

CVS Caremark Corporation (NYSE:CVS)’s EVP sells 53,546 shares

Posted by Michael Korte September 17, 2013 0 Comment 1397 views

Executive Vice-President of CVS Caremark Corp. (NYSE:CVS), Helena Foulkes sold-off 53,546 shares of the company’s stock in the open-market in a transaction that took place on 13 September. The stock was sold-off at an average-price of $60.00 and the total valuation of the transaction was $3,212,760.00. Post completion of the sale, the EVP now directly-owns […]

Lululemon Athletica Inc. (NASDAQ:LULU) falls on “Luon Pants” recall

Posted by Lynn Eisler September 12, 2013 0 Comment 990 views

Vancouver, British Columbia based Premier Yoga and sportswear market leader Lululemon Athletica Inc. (NASDAQ:LULU) reported its second quarter results on Thursday, September 12. In spite of its 2Q results overhauling analysts forecast, Lululemon Athletica Inc. (NASDAQ:LULU) share slid as it emerged that the company will recall of its most sought after “Luon pants” in March […]

Who is Huntington Bancshares Incorporated (NASDAQ:HBAN) New President?

Posted by Kristi Scott September 11, 2013 0 Comment 1359 views

Michael DiCecco, a banking veteran has been named the president of Huntington Bancshares Incorporated (NASDAQ:HBAN) Equipment Finance division. Over the past ten years, he has helped launch the equipment finance division of the bank and driven its growth to over $2.4B in assets and over $1.4B in new business volume, annually. DiCecco had first joined […]

LeapFrog Enterprises, Inc (NYSE:LF) not leaping ahead yet

Posted by Samantha Donahue September 4, 2013 0 Comment 5657 views

BMO Capital Markets equity researchers’ downgraded LeapFrog Enterprises, Inc (NYSE:LF) from an “outperform” to a “market perform” rating on Tuesday. The company had last issued its quarterly-earnings data on 1 August. It reported earnings per share of $0.04 for the quarter which topped analysts’ estimates of $0.08. The revenue for the quarter stood at $83.00 […]

Groupon Inc (NASDAQ:GRPN) will have to recoup its strength to forge-on

Posted by Lynn Eisler August 30, 2013 0 Comment 5362 views

The daily deals business is not as exclusive as it used to be and many global giants are now venturing into this space and Groupon Inc (NASDAQ:GRPN) suddenly finds that it has some very strong competition. Facebook, the social network giant joined the fray a few years back but has not scathed Groupon yet. However, […]

Susquehanna hauls-up Halliburton Company (NYSE:HAL)

Posted by Samantha Donahue August 21, 2013 0 Comment 975 views

On Monday, Susquehanna’ equity research analysts raised their price-target on Halliburton Company (NYSE:HAL) shares from C$54.00 to c$55.00. Currently, they have a “positive” rating on its stock. The company’s price target indicates a 350.82% potential upside from the previous close of the stock. HAL stock rose 1.50% in Tuesday’s trading. The opening price of the […]

John Hogan would be replaced by Ashley Bacon at JPMorgan Chase & Co (NYSE:JPM), Wells Fargo & Co (NYSE:WFC)

Posted by Lynn Eisler June 14, 2013 0 Comment 1845 views

On Thursday, Jamie Dimon, CEO of JPMorgan Chase & Co (NYSE:JPM) said that John Hogan, the company’s chief risk officer may leave the company. Hogan had assumed the post last year when the company had just begun losing billions of dollars on trades of its London Whale derivatives. Hogan had taken a leave in January […]