4.89k followers • 10 symbols Watchlist by Yahoo Finance
This basket consists of stocks gaining popularity from health and wellness.
Lululemon Athletica Inc.
Under Armour, Inc.
Herbalife Nutrition Ltd.
Foot Locker, Inc.
Dick's Sporting Goods, Inc.
GNC Holdings, Inc.
Foot Locker (FL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Fitbit (FIT) delivered earnings and revenue surprises of -400.00% and -5.99%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Alphabet Inc-owned Google's $2.1 billion bid for fitness trackers company Fitbit could pose privacy risks, the European Data Protection Board (EDPB) warned on Thursday, adding its voice to other critics of the deal. Google announced the deal in November last year, as it seeks to compete with Apple and Samsung in the crowded market for fitness trackers and smart watches. Fitbit, whose fitness trackers and other devices monitor users' daily steps, calories burned and distance travelled, would give the U.S. tech giant access to a trove of health data gathered from Fitbit devices.
Foot Locker (FL) hikes dividend to enhance shareholder value. Also, the company's efforts to boost growth through digital competencies and supply chain bode well.
(Bloomberg) -- Google should move to limit any privacy and data protection risks before it seeks European Union approval to take over health tracker Fitbit Inc., European privacy authorities warned Thursday.“The possible further combination and accumulation of sensitive personal data regarding people in Europe by a major tech company could entail a high level of risk to privacy and data protection,” the regulators, known as the European Data Protection Board, said in an emailed statement. The companies should “mitigate possible risks to the rights to privacy and data protection before notifying the merger to the European Commission.”Data regulators are “ready to contribute” advice to the EU’s merger authority, according to the statement. National data agencies can fine companies for breaches and privacy violations but don’t have a role in approving deals. The European Commission, which will look at the transaction, usually focuses on the economic effect of combining firms and has never probed how a company’s acquisition of more data might affect privacy rights.Google said it plans “to work constructively with regulators to answer their questions” about the deal and won’t sell personal information to anyone.“Fitbit health and wellness data will not be used for Google ads. And we will give Fitbit users the choice to review, move, or delete their data,” the company said in an emailed statement.There’s heightened concern in Europe over big tech takeovers that allow already powerful firms move into new areas. Google’s $2.1 billion acquisition of the maker of smartwatches and fitness trackers, announced in November, would add wearable devices to the internet giant’s hardware business. It also advances the ambitions of Google parent Alphabet Inc. to expand in the health-care sector by adding data from Fitbit’s more than 28 million users.Regulators have been criticized for being too permissive in allowing tech deals such as Facebook Inc.’s $19 billion takeover of messaging service WhatsApp in 2014 and its $1 billion purchase of photo-sharing service Instagram in 2012.To contact the reporter on this story: Aoife White in Brussels at firstname.lastname@example.orgTo contact the editors responsible for this story: Anthony Aarons at email@example.com, Christopher Elser, Jonathan BrowningFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
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Ed Stack has been the CEO of DICK'S Sporting Goods, Inc. (NYSE:DKS) since 1984. First, this article will compare CEO...
Lululemon is committing to provide its 20,000 employees mental health benefits. EVP Celeste Burgoyne made the announcement at the 2020 MAKERS Conference on Wednesday.
Fitbit (FIT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.