Markets
Stryker expands imaging portfolio with acquisition of fluorescence firm
Wedbush initiated Novadaq Technologies Inc . Large investors have recently added to or reduced their stakes in the company. State Street Corp increased its stake in Novadaq Technologies by 4.5% in the fourth quarter. Novadaq Technologies had a negative net margin of 71.97% and a negative return on equity of 49.93%. They expect $-0.21 EPS, up 27.59% or $0.08 from last year's $-0.29 per share. [Full Article...]
Amazon's Whole Foods deal casts a huge shadow on Blue Apron's IPO
Blue Apron didn't mention Whole Foods or Amazon by name in its most recent SEC filing . Standing out among its competitors in the busy USA food-delivery market can be expensive: Blue Apron spent $144 million on marketing a year ago, or about 17 percent of its total operational spending, according to the earlier filing. [Full Article...]
Jaguar Land Rover to take on 5000 new recruits
Jaguar Land Rover has enlisted a cartoon musician to help it fill what it says are 5,000 electronics and software vacancies across the firm. Eventually, the 5000 people will be working on software systems, cyber systems, app development and graphics performance - suggesting that the roles are not just in Jaguar's driverless programme, but in other dimensions of its tech operations, too. [Full Article...]
Antero Midstream GP LP
Newby Steven J also sold $673,592 worth of Summit Midstream Partners LP (NYSE:SMLP) on Friday, March 17. The company has market cap of $714.49 million. Out of 2 Wall Street analysts rating Meritage, 0 give it "Buy", 1 "Sell" rating , while 1 recommend "Hold". The stock has "Sector Outperform" rating by Howard Weil on Tuesday, October 11. [Full Article...]
Larson outlasts Elliott at Michigan again
Once Clint Bowyer was sent into the wall to warrant another caution with 15 laps remaining, Larson took the lead while Elliott, who jumped Busch, moved into second place. Daniel Suarez had to start in the back because of an unapproved tire change. He went on to win the championship. "I haven't run the XFINITY race in probably the last six years", he said. [Full Article...]
Airbus unveils more spacious, fuel efficient A380plus plane
Airbus formalized plans to upgrade its A380 superjumbo with fuel-saving winglets as the European planemaker seeks to revive sales of the flagship model. With two full widebody decks, offering widest seats, wide aisles and more floor space, the A380 has the unique capability to generate revenue, stimulate traffic and attract the flying public. [Full Article...]
Trade commission seeks to block daily fantasy sports merger
DraftKings is the largest fantasy sports company, according to the FTC with FanDuel, which is based out of Scotland is the second largest. DraftKings and FanDuel compete to offer the best prices, largest prizes and greatest variety of contests, the FTC said. [Full Article...]
UPS adding holiday-season delivery charge up to $1
The latter week will also see an extra 81 cents for next day air residential, 97 cents for second day air residential, and 97 cents for three-day select residential. UPS will also charge a peak surcharge on some global air-shipping routes. Christmas is six months away, but UPS is already planning for it. The shares dropped 3.5 percent this year through June 16 compared with a 9.5 percent gain fo... [Full Article...]