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Guggenheim Downgrades Shopify, Says Valuation Implies Minimal Upside
Monday, May 13, 2019 - 10:49am | 344Read More...Shares of Shopify Inc (NYSE: SHOP) have gained more than 45 percent since the start of 2019 and the stock's valuation implies limited upside potential ahead, according to Guggenheim Partners. The Analyst Guggenheim's Ken Wong downgraded Shopify from Buy to Neutral while removing a $285...
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Yelp Shares Tank After Q1 Print: 2 Analyst Takes
Friday, May 10, 2019 - 2:31pm | 490Read More...The online review platform Yelp Inc (NYSE: YELP) reported first-quarter results Thursday that were roughly in-line with estimates, but second-quarter guidance fell short of expectations. The Analysts Aegis Capital's Victor Anthony maintained a Sell rating on Yelp with...
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RBC Discusses Jumia's Outlook
Monday, May 6, 2019 - 3:56pm | 344Read More...Jumia Technologies AG - ADR (NYSE: JMIA) is an e-commerce platform that operates in six African regions and 14 countries that combine for a GDP of two trillion euros. After gaining more than 200 percent since its initial public offering, the stock's valuation is now "relatively full,...
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Analysts React To Amazon's Q1: Everyone Remains A Bull
Friday, April 26, 2019 - 11:55am | 1222Read More...Amazon.com, Inc. (NASDAQ: AMZN) reported a notable beat on the profit line in its first-quarter results, although management's operating profit outlook for the second quarter fell short of expectations. Here is a summary of how some of the Street's top analysts reacted to the print. The...
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Amazon Reports In-Line First-Quarter Sales; Shipping Cost Increases Continue To Moderate
Thursday, April 25, 2019 - 6:29pm | 354Read More...Amazon.com, Inc. (NASDAQ: AMZN) reported late Thursday a 17 percent increase in first quarter net sales to $59.7 billion, in line with analysts' estimates. Operating income rose to $4.4 billion from $1.9 billion, while net income climbed to $3.6 billion from $1.6 billion, resulting in a more...
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PayPal Bets $11M On Company That Handles Returns
Thursday, April 25, 2019 - 9:32am | 359Read More...Online payment processor Paypal Holdings Inc (NASDAQ: PYPL) invested $11 million in Happy Returns, a physical provider of return and logistics solutions for retailers and customers. What Happened Items bought online are three to four times more likely to be returned compared to in-store purchases,...
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Inxeption Introduces Zippy Freight To Smooth e-Commerce Shipping
Wednesday, April 10, 2019 - 11:35am | 739Read More...Inxeption, the blockchain-for-business start-up, has introduced a new service called Zippy Freight to help business-to-business (B2B) companies reduce their freight costs and smooth out the complexities surrounding shipping operations. Zippy Freight will be a part of the Inxeption platform...
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Technology Helps Ease The Transition For LTL Carriers Adapting To e-Commerce
Wednesday, April 10, 2019 - 11:10am | 1149Read More...In a 2016 Pew Research poll, 64 percent of Americans said they prefer to purchase items from brick-and-mortar stores rather than online, all things being equal. But 65 percent also said that price was the determining factor in their purchase, and with lower prices online now the...
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Instagram Launches In-App Checkout: What You Need To Know
Tuesday, March 19, 2019 - 10:27am | 426Read More...Picture and video sharing platform Instagram announced Tuesday a new feature where users can make purchases within the app itself. What To Know Instagram, part of Facebook, Inc. (NASDAQ: FB)'s family of social media and messaging platforms, explained its latest monetization initiative in a...
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The Street Reacts To Target's Q4 Earnings, Analyst Day
Wednesday, March 6, 2019 - 5:36pm | 561Read More...Target Corporation (NYSE: TGT) followed up its fourth-quarter earnings report Tuesday with an analyst day presentation, which garnered a mixed reaction. Reasonable Earnings Growth Outlook One of the key highlights from Target's earnings report is 31-percent growth in digital sales and the...
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Happy Returns Launches A Kiosk That Takes e-Commerce Return Items
Monday, March 4, 2019 - 7:08pm | 870Read More...Happy Returns, a startup that simplifies the process of returning products purchased online and at retail, announced today (March 4) the availability of a self-service return solution for omnichannel retailers. The solution is a return kiosk that carries the retailer's brand and runs on Happy...
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Office Depot Partners With Alibaba To Empower Small Businesses Online
Monday, March 4, 2019 - 9:45am | 451Read More...Office Depot Inc (NASDAQ: ODP) gained more than 11 percent Monday morning after announcing a strategic collaboration with China's Alibaba Group Holding Ltd (NYSE: BABA). What Happened Office Depot's new partnership with Alibaba is meant to empower U.S.-based small- and medium-size...
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Walmart Trades Higher After Q4 Earnings Beat
Tuesday, February 19, 2019 - 9:26am | 418Read More...Retail giant Walmart Inc (NYSE: WMT) reported fourth-quarter results, which sent shares higher by more than 3 percent during in the pre-market trading session. What Happened Walmart said it earned $1.41 per share in the fourth quarter on revenue of $138.8 billion, which came in better than the $1....
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Don't Be Deceived By This Retail ETF's Declines
Thursday, February 14, 2019 - 1:33pm | 519Read More...Retail stocks and the related exchange traded funds are off to impressive starts in 2019. The SPDR S&P Retail ETF (NYSE: XRT), one of the most widely followed retail ETFs, is higher by 9.51 percent. By comparison, the ProShares Decline of the Retail Store ETF (NYSE: EMTY) is lower by almost 8...
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Amazon's Q4 Shipping Bill Soared To More Than $9 Billion, Company Reports
Friday, February 1, 2019 - 12:13pm | 717Read More...Amazon.com, Inc. (NASDAQ: AMZN) said today its fourth-quarter worldwide shipping costs soared to $9.041 billion as the e-tailing giant invested more heavily in its own shipping network and spent more to move an avalanche of holiday purchases to homes and businesses. By contrast, Amazon's...















