Forget InvenSense Inc: These 2 Stocks are Better Buys
InvenSense (NYSE: INVN) , a maker of motion sensors for smartphones, tablets, smartwatches, and other devices, lost about 25% of its market value over the past 12 months due to slowing sales of mobile devices worldwide. Image source: Getty Images. That pressure caused InvenSense’s revenue to fall 43% annually last quarter, compared to a 20%... Read More →
Tesla to Possibly Decouple Lifetime Supercharging From Model S and X Prices
Just days after commented-out HTML code on electric-car maker Tesla Motors ‘(NASDAQ: TSLA) website revealed what seemed to be a pay-per-use system for Model 3 owners when accessing the company’s Supercharger network, Electrek reports that the company plans to roll out this system for its more expensive Model S and X, too. Model S at... Read More →
Why Lululemon Athletica Inc. Stock Plunged Today
Image source: The Motley Fool. What happened Shares of lululemon athletica Inc. (NASDAQ: LULU) closed down 10.6% Friday after the yoga and athletic-apparel specialist released stronger-than-expected fiscal second-quarter 2016 results. So what Quarterly revenue grew 14% year over year (15% at constant currencies), to $514.5 million, driven by both new locations and total comparable-sales growth... Read More →
Some Potential Good News for NVIDIA Corporation's Gaming Business
Image source: NVIDIA. Back in May, graphics specialist NVIDIA (NASDAQ: NVDA) began launching new graphics processors targeted at gamers based on its new Pascal architecture. These new processors offered significant performance and power efficiency improvements over their predecessors based on the older Maxwell architecture. If we look at each gaming-oriented graphics processor in the Maxwell... Read More →
Providence Service Corporation Declares Cash Dividend on Convertible Preferred Stock
STAMFORD, Conn., Sept. 02, 2016 (GLOBE NEWSWIRE) — The Providence Service Corporation (Nasdaq:PRSC) today announced that its Board of Directors has declared a cash dividend on its 5.5%/8.5% Series A convertible preferred stock. The dividend is payable on October 1, 2016 to holders of record as of 5:00 p.m. New York City time on September... Read More →
MannKind Corporation to Present at the Rodman & Renshaw 18th Annual Global Investment Conference
VALENCIA, Calif., Sept. 02, 2016 (GLOBE NEWSWIRE) — MannKind Corporation (Nasdaq:MNKD) (TASE:MNKD) announced today that the Company will present at the Rodman & Renshaw 18th Annual Global Investment Conference on Monday, September 12, 2016 at 11:40 AM (ET) at the Lotte New York Palace in New York. Presenting from the Company will be its Chief... Read More →
Sprott Focus Trust, Inc. (Nasdaq-FUND) Declares Third Quarter Common Stock Distribution of $0.09 Per Share
NEW YORK, Sept. 02, 2016 (GLOBE NEWSWIRE) — Sprott Focus Trust, Inc. (Nasdaq:FUND) (the “Fund” or “FUND”) has declared a quarterly distribution of $0.09 per share on its Common Stock. The distribution, optionally payable in additional shares of Common Stock or in cash by specific stockholder election, is to be paid on September 26, 2016... Read More →
Here's Why Diamond Offshore Drilling Inc.'s Stock is Sinking Today
Image source: Getty Images. What happened Shares of Diamond Offshore Drilling (NYSE: DO) were down 10% at 2:30 p.m. EDT on Thursday. Driving the decline was an SEC filing where the company detailed that Petroleo Brasileiro S.A. (NYSE: PBR) , or Petrobras, terminated the contract for its Ocean Valor semisubmersible drilling rig. So what Petrobras... Read More →
Daktronics Announces Quarterly Cash Dividend per Share
BROOKINGS, S.D., Sept. 02, 2016 (GLOBE NEWSWIRE) — Daktronics, Inc. (NASDAQ:DAKT) announced today that its Board of Directors on September 1, 2016 approved a regular quarterly cash dividend of $0.07 per share. The quarterly dividend will be payable on September 23, 2016, to shareholders of record as of the close of business on September 12, 2016. Although the... Read More →
Two Nursing Programs at Bon Secours Mary Immaculate Hospital Earn Accreditation with Distinction from American Nurses Credentialing Center
Newport News, VA , Sept. 02, 2016 (GLOBE NEWSWIRE) — Bon Secours Hampton Roads Health System is pleased to announce that its Bon Secours Virginia Nurse Residency Program at Mary Immaculate Hospital and the Bon Secours Mary Immaculate Hospital’s Registered Nurse (RN) Fellowship Transitions in Practice Program have achieved accreditation with distinction from the American... Read More →