Mega rent = micro business
Customers who don’t work in the building that houses Kento Kitayama’s tiny cafe near Vancouver’s Gastown neighbourhood better be prepared to settle for takeout. He can only take orders through a little window facing the sidewalk. Iktsuarpok Coffee Stand, which opened late last month, has no seating and sparse furnishings. Kitayama could likely stand in […]
GM raises 2018 forecast
General Motors strengthened its pretax profit estimate for 2018 and predicted even stronger performance for this year as it executives made a presentation to investors on Friday. Shares jumped nearly 9 per cent in midday trading. CEO Mary Barra also says the company doesn’t foresee any further job cuts through 2020. Last year GM announced […]
Hubbell Inc (HUBB) Moves Higher on Volume Spike for January 11
Hubbell Inc (HUBB) traded on unusually high volume on Jan. 11, as the stock gained 1.83% to close at $105.59. On the day, Hubbell Inc saw 898,710 shares trade hands on 7,557 trades. Considering that the stock averages only a daily volume of 454,128 shares a day over the last month, this represents a pretty […]
Stocks to watch: Activision, AB InBev, Taylor Wimpey, Sage, UDG
Reliable dividends make the UK housebuilders look cheap, says Merrill Lynch What’s happening ● Activision Blizzard dropped in US pre-market trading after announcing that Bungie, its privately owned partner, would assume full publishing rights and responsibilities for the Destiny video game franchise. Activision, which had flagged in a recent earnings call that management was unhappy […]
MediciNova Inc. (MNOV) Soars 5.66% on January 11
MediciNova Inc. (MNOV) had a good day on the market for Friday January 11 as shares jumped 5.66% to close at $9.70. About 54,898 shares traded hands on 689 trades for the day, compared with an average daily volume of n/a shares out of a total float of 41.88 million. After opening the trading day […]
Stocks to watch: Halfords, Twitter, Burberry, Prada, Umicore, SSE
Lukewarm reviews suggest Merlin is losing its magic, says UBS What’s happening ● Halfords led the FTSE 250 fallers on a profit warning. The retailer blamed a mild winter for holding back auto parts sales and said poor consumer confidence had affected demand for big-ticket items. Its earnings range for the fiscal year ending March […]