• Buy Soaring Lululemon Stock at New Highs Ahead of Q3 2019 Earnings?
    Zacks

    Buy Soaring Lululemon Stock at New Highs Ahead of Q3 2019 Earnings?

    Lululemon has historically traded heavily around earnings. So, should investors consider buying LULU stock with the athleisure apparel giant set to report its Q3 fiscal 2019 results on Wednesday, December 11?

  • Why Is TripAdvisor (TRIP) Down 8.3% Since Last Earnings Report?
    Zacks

    Why Is TripAdvisor (TRIP) Down 8.3% Since Last Earnings Report?

    TripAdvisor (TRIP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Why Is Nektar (NKTR) Up 6.2% Since Last Earnings Report?
    Zacks

    Why Is Nektar (NKTR) Up 6.2% Since Last Earnings Report?

    Nektar (NKTR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • Tax Loss Harvesting & Capital Gains: What ETF Investors Should Know
    Zacks

    Tax Loss Harvesting & Capital Gains: What ETF Investors Should Know

    We discuss some smart tax moves investors should consider before the end of the year.

  • Is the Options Market Predicting a Spike in National Beverage (FIZZ) Stock?
    Zacks

    Is the Options Market Predicting a Spike in National Beverage (FIZZ) Stock?

    Investors need to pay close attention to National Beverage (FIZZ) stock based on the movements in the options market lately.

  • How Trading Your Own Retirement Can Fleece Your Financial Future - December 06, 2019
    Zacks

    How Trading Your Own Retirement Can Fleece Your Financial Future - December 06, 2019

    Achieving your retirement goals takes a much different investing approach than regular stock trading, from smartly managing risk to keeping emotions in check.

  • The Keys to Successfully Timing the Markets - December 06, 2019
    Zacks

    The Keys to Successfully Timing the Markets - December 06, 2019

    Have you ever dreamed of being that one in a million investor who has the talent to perfectly time the markets?

  • Autonomous Vehicles Aim New Highs With Driverless Tests
    Zacks

    Autonomous Vehicles Aim New Highs With Driverless Tests

    Alibaba (BABA)-backed AutoX applies for testing its self-driving vehicles, without in-car driver backup, thereby stirring competition in the autonomous-vehicle tech space.

  • Is it Wise to Hold Regency Centers Stock in Your Portfolio?
    Zacks

    Is it Wise to Hold Regency Centers Stock in Your Portfolio?

    While Regency Centers (REG) benefits from premium portfolio of grocery-anchored shopping centers, choppiness in the retail real estate market is a concern.

  • Is National Beverage Corp. (NASDAQ:FIZZ) A Smart Choice For Dividend Investors?
    Simply Wall St.

    Is National Beverage Corp. (NASDAQ:FIZZ) A Smart Choice For Dividend Investors?

    Is National Beverage Corp. (NASDAQ:FIZZ) a good dividend stock? How can we tell? Dividend paying companies with...

  • Uber Reports 3,000 Sexual Assault Claims Last Year in Its Safety Review
    Bloomberg

    Uber Reports 3,000 Sexual Assault Claims Last Year in Its Safety Review

    (Bloomberg) -- Uber Technologies Inc. found more than 3,000 allegations of sexual assaults involving drivers or passengers on its platform in the U.S. last year, part of an extensive and long-awaited review in response to public safety concerns.The ride-hailing company released an 84-page safety report Thursday, seeking to quantify the misconduct and deaths that occur on its system and argue that its service is safer than alternatives.U.S. customers took about 1.3 billion trips last year, Uber said. About 50 people have died in Uber collisions annually for the past two years, at a rate about half the national average for automotive fatalities, according to the company. Nine people were killed in physical assaults last year, Uber said.Uber drivers reported nearly as many allegations of sexual assault as passengers, who made 56% of the claims. There is little comparable data on assaults in taxis or other transportation systems, and experts have said the attacks are widely under-reported. The assault claims reported to Uber ranged from unwanted kissing to forcible penetration.“Uber is very much a reflection of society,” said Tony West, Uber’s chief legal officer who helped spearhead the two-year research effort. “The sad, unfortunate fact is that sexual violence is more prevalent in our society than people think. People don’t like to talk about this issue.”Uber had committed more than a year ago to release a safety study, a promise Lyft Inc. made soon after. Lyft, the second-biggest ride-hailing provider in the U.S., has yet to publish a report. On Thursday, Uber said it would regularly share data with Lyft and other companies about drivers accused of serious safety lapses and continue publishing safety reports every two years.Uber has faced a steady stream of complaints in court across the country over driver misconduct, and Lyft has recently seen an explosion in legal claims by passengers. Just in California, at least 52 riders have sued Lyft this year over allegations they were assaulted or harassed by their drivers, according to filings reviewed by Bloomberg.“We remain committed to releasing our own safety transparency report and working within the industry to share information about drivers who don’t pass our initial or continuous background checks or are deactivated from our platform,” Lyft spokeswoman Alexandra LaManna said in a statement.Any number of deaths or violence is a reminder of the risks inherent to taking a ride with a stranger and the limited oversight the company has over what occurs. By publishing the data, Uber is taking an unusual step for a company, by drawing attention to the dangers of its product. The stock fell about 1.5% in extended trading after Uber put out the report.Uber shares had already fallen more than 35% from its May initial public offering through Thursday’s close. Its largest shareholder is Japan’s SoftBank Group Corp., which has struggled with its bets on Uber, WeWork and other startups in recent months.Uber has faced similar complaints in countries beyond the U.S. The company was sued in 2017 by a woman who alleged top executives violated her privacy after one of its drivers in India allegedly raped her.Regulators in London cited uncertainty about Uber’s ability to ensure the well-being of its passengers as a reason they revoked the company’s license to operate there last week. Uber will be able to continue operating in the U.K. capital as it appeals the decision. Dara Khosrowshahi, the chief executive officer, said at an event earlier this week that “a precursor to trust is transparency.”According to the study, the proportion of assaults to total trips decreased by 16% last year as Uber implemented new safety tools, such as contacting drivers and customers when the system identifies unusual activity, as well as adding a button to dial 9-1-1 from the app. “I do think Uber is one of the safest ways to get from point A to point B,” said West.Uber disclosed five categories of sexual assault allegations. In 2018, Uber received 1,560 reports of non-consensual touching of a sexual body part, 594 reports of non-consensual kissing of a non-sexual body part, 376 reports of non-consensual kissing of a sexual body part, 280 reports of attempted non-consensual sexual penetration and 235 reports of non-consensual sexual penetration.The extent of sexual misconduct, while staggering, isn’t unique to Uber, said Ebony Tucker, executive director at Raliance, an advocacy and consulting firm focused on preventing sexual violence. Uber’s findings “didn’t surprise any of us,” she said. “Sexual assault is pervasive. It’s everywhere.”Counting assaults is a complicated exercise. Only about a third of claims the company received about penetration without consent were reported to the police, Uber estimated. In about a quarter of cases, Uber said its team didn’t successfully communicate with the victim after the initial report. Women reported 89% of the rape allegations, the company said.Uber opted not to disclose many other troubling forms of sexual misconduct that it had previously identified as possible reporting categories. For instance, the company didn’t say how many times drivers and riders made inappropriate comments to one another, nor did it disclose incidents of indecent exposure.But advocates for victims of sexual violence called the decision to release data a potential watershed moment. “It’s really unprecedented for a company to collect this kind of systematic data over time and then share it with the public,” said Karen Baker, chief executive officer of the National Sexual Violence Resource Center, which advised Uber on the study. Baker said she has urged other companies in the hospitality and transportation industries in the U.S. to follow suit.Both Baker and Uber’s legal chief said the company may see an increase in reports of sexual misconduct in the future. That would actually be a positive sign, Baker said, because it would reflect victims’ confidence that their claims would be taken seriously.(Updates with Lyft statement in eighth paragraph.)\--With assistance from Robert Burnson.To contact the reporters on this story: Eric Newcomer in San Francisco at enewcomer@bloomberg.net;Lizette Chapman in San Francisco at lchapman19@bloomberg.netTo contact the editors responsible for this story: Mark Milian at mmilian@bloomberg.net, Anne VanderMeyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • National Beverage (FIZZ) Surpasses Q2 Earnings Estimates
    Zacks

    National Beverage (FIZZ) Surpasses Q2 Earnings Estimates

    National Beverage (FIZZ) delivered earnings and revenue surprises of 2.94% and -0.51%, respectively, for the quarter ended October 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Beyond Meat Strikes Costco Deal: Should Investors Buy BYND Stock?
    Zacks

    Beyond Meat Strikes Costco Deal: Should Investors Buy BYND Stock?

    Beyond Meat (BYND) announced Thursday that its plant-based burger patties would appear in select Costco (COST) stores.

  • Peloton (PTON) Stock Tries to Rebound After Commercial Backlash
    Zacks

    Peloton (PTON) Stock Tries to Rebound After Commercial Backlash

    Peloton (PTON) was down over 9% at one point in Tuesday's trading after it faced scrutiny over its new holiday commercial.

  • BP to Supply Renewable Power to Amazon's Europe Data Centers
    Zacks

    BP to Supply Renewable Power to Amazon's Europe Data Centers

    BP is set to supply Amazon Web Services with renewable power from wind and solar projects in Sweden and Spain.

  • Here's Why You Should Hold on to MPLX in Your Portfolio Now
    Zacks

    Here's Why You Should Hold on to MPLX in Your Portfolio Now

    MPLX's strong and stable operations are likely to back the partnership to persistently grow its distributable cash flow in the coming quarters.

  • Easy Investing Secrets to an Early Retirement - December 05, 2019
    Zacks

    Easy Investing Secrets to an Early Retirement - December 05, 2019

    Accomplishing the financial cushion to retire early is a fantasy for most, but bringing that fantasy to reality is not as difficult as it sounds. If you are willing to make some serious lifestyle adjustments, it can be achievable.

  • Growing Group Seeks Local Takeover of PG&E
    Bloomberg

    Growing Group Seeks Local Takeover of PG&E

    (Bloomberg) -- More than 110 Northern California city and county officials representing the majority of bankrupt PG&E Corp.’s customers are proposing to turn the utility giant into a customer-owned cooperative.The coalition led by the city of San Jose includes officials from 58 cities and 10 counties who altogether represent more than 8 million residents, according to a statement from San Jose Mayor Sam Liccardo. The group is proposing, among other things, to continue managing PG&E’s expansive territory as a single system, honor existing power and labor contracts and have a board overseeing the co-op set customer rates.“With these principles, we’ve presented a framework for a viable customer-owned PG&E that will be transparent, accountable, and equitable,” said Liccardo, who has spent weeks getting local officials behind the idea of a cooperative. He didn’t detail how the governments would finance a takeover, but a consultant for the group said bonds would be issued to cover much of the cost.Calls for a takeover of San Francisco-based PG&E have intensified since the company filed for bankruptcy in January amid billions of dollars in liabilities tied to wildfires that its equipment ignited. The latest proposal comes as PG&E’s shareholders and creditors are jostling over control of the state’s largest utility in bankruptcy court.Takeover ThreatPG&E has been trying for months to come up with a viable restructuring plan that would settle its fire liabilities and have the reorganized utility emerging from Chapter 11 by a state-imposed deadline of June 30, 2020. California Governor Gavin Newsom has threatened a state takeover if the company doesn’t come up with a plan soon.Read More: California Governor Newsom Fielding More PG&E Takeover CallsSan Francisco has been trying to buy PG&E’s equipment within the city’s limits for $2.5 billion, an offer the company has rejected. Backers of the co-op proposal are taking a notably different approach, saying they want to keep the company’s service territory intact to ensure that residents of rural, fire-prone areas don’t face a steep increase in costs.The co-op would still be subject to all of California’s requirements for increasing the use of renewable power, as well as the state’s open-records law, according to the new guidelines.To contact the reporters on this story: Mark Chediak in San Francisco at mchediak@bloomberg.net;David R. Baker in San Francisco at dbaker116@bloomberg.netTo contact the editors responsible for this story: Lynn Doan at ldoan6@bloomberg.net, Aaron ClarkFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Investing.com

    Stocks - U.S. Futures Extend Gains as Trade Hopes Revive

    Investing.com - U.S. futures pointed to another day of gains on Wall Street, with belief in a near-term trade deal reviving again after Tuesday's shock comments by President Donald Trump.

  • Tesla Competitor NIO Launches Another SUV in China
    Bloomberg

    Tesla Competitor NIO Launches Another SUV in China

    (Bloomberg) -- Cash-strapped electric-car upstart NIO Inc. is introducing its third sport utility vehicle, a streamlined model aimed at spurring demand in China’s slowing EV market.NIO didn’t disclose the price for the electric SUV coupe, which comes with a panoramic-view window and is set to compete against vehicles such as the Mercedes-Benz GLC Coupe and Tesla Inc.’s Model Y. NIO’s existing models are the ES8 and ES6 SUVs, and the EP9 performance car.“Coupes fall in a niche market in China and it’s really hard to position this kind of product,” said Yale Zhang, managing director of Shanghai-based consultancy AutoForesight. “But if they only aim at selling hundreds of cars a month, it should be fine.”The unprofitable carmaker is battling an unprecedented slump in Chinese auto sales, including electric vehicles, as the country’s economy cools. The company also faces intensifying competition from the likes of Tesla and Daimler AG just as some investors scrutinize its funding situation.Backed by technology giant Tencent Holdings Ltd., NIO sought $200 million from founder William Li and a Tencent affiliate -- though hasn’t clarified whether the investment has been completed -- and has also reduced its workforce. U.S. shares of NIO have dropped more than 60% since the company’s initial public offering in New York last year.By the end of the third quarter, NIO had cut its staff to 7,800 from 9,900 in January. Having burned through more than $5 billion in four years, the company failed in an attempt to get local government funding, according to media reports.China’s EV sales have slumped for four consecutive months, while the overall auto market is down in 16 of the 17 past months. That’s impacting fundraising for EV startups in China, according to rival XPeng Motor. China is raising its 2025 sales target for electrified cars as the government tries to spur the industry.(Updates with government sales target in seventh paragraph)To contact Bloomberg News staff for this story: Chunying Zhang in Shanghai at czhang714@bloomberg.netTo contact the editors responsible for this story: Young-Sam Cho at ycho2@bloomberg.net, Ville Heiskanen, Angus WhitleyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

By using Yahoo, you agree that we and our partners can use cookies for purposes such as customising content and advertising. See our Privacy Policy to learn more