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Tag Archives: companies

Software firm Yext sees stock slip on growth worries

As a result, net losses widened to $43 million in the third quarter from $23 million a year earlier. While Lerman insisted Yext has never been better-positioned, investors aren’t inclined to give unprofitable tech companies the benefit of the doubt these days and the stock fell by 14% Friday. In April Yext was awarded …

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Why Michaels Companies’ Stock Crashed Today

What happened Shares of Michaels Companies (NASDAQ: MIK) crashed hard on Thursday, following the release of weak third-quarter results. The stock closed on Thursday 15.6% lower. So what In the third quarter, Michaels saw comparable-store sales falling 2.2% year over year, far below the essentially flat guidance target. Top-line sales …

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Here’s Why I Think Eli Lilly (NYSE:LLY) Is An Interesting Stock

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Like a puppy chasing its tail, some new investors often chase ‘the next big thing’, even if that means buying ‘story stocks’ without revenue, let alone profit. Unfortunately, high risk investments often have little probability of ever paying off, and many investors pay …

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US threatens tax on champagne and French cheese

Image copyright AFP The Trump administration is threatening to slap import taxes on $2.4bn worth of French goods, including cheese, champagne, make-up and handbags. The planned tariffs come in response to a new French digital services tax that would affect companies including Google, Amazon and Facebook. France, along with several …

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