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Image for Twitter Shares Get Boost After Analysts Initiate Coverage

Twitter Shares Get Boost After Analysts Initiate Coverage

Shares of Twitter were helped on Friday after Stifel analysts initiated coverage of the blurb-based business with a “Buy” rating and $75 price target. Analysts Jordan Rohan and Michael Purcell said, ” They said... More of this article »
Image for UPS Shares Down After Company Warns of Lower Profit

UPS Shares Down After Company Warns of Lower Profit

Shares of UPS were down nearly 2% to $99 per share in midday trading after the company announced that its fourth-quarter profit will likely come in lower than what had been expected. UPS said its U.S. results were hard hit by a shortened... More of this article »
Image for Acer Reports Loss in Fourth Quarter

Acer Reports Loss in Fourth Quarter

Acer, the computer maker, reported a net loss of $251 million for its fourth quarter. At the same time, senior executives from the struggling Personal Computer maker have agreed to a cut in their pay of 30%. This is now the third straight... More of this article »
Image for GameStop Stock Tumbles After Forecast Slashed

GameStop Stock Tumbles After Forecast Slashed

GameStop Corp saw its stock price plummet the most in the past 11 years after the retailer of video games cut its forecast for earnings due to sales being lower than anticipated for games and a lower profit margin from its consoles... More of this article »