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Last Week's Notable Insider Buys: Activision, Avis Budget, Energy Transfer And More
Saturday, May 15, 2021 - 1:39pm | 1008Insider buying can be an encouraging signal for potential investors, especially when markets face uncertainty or are near all-time highs. A couple of chief executive officers and an executive board chair were among the insiders buying shares this past week. A master limited partnership, a real...
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Benzinga's Bulls And Bears Of The Week: Amazon, Comcast, GE, Moderna, Tesla And More
Saturday, February 6, 2021 - 10:47am | 1199Benzinga has examined the prospects for many investor favorite stocks over the past week. The week's bullish calls included the e-commerce, electric vehicle and online sports betting leaders. A COVID-19 vaccine maker and a struggling retailer were among the bearish calls seen. February...
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Fintech Focus For September 7, 2020
Sunday, September 6, 2020 - 4:51pm | 2051Quote Of The Day: Two armies that fight each other is like one large army that commits suicide. - Henri Barbusse Fintech Movers: The European fintech scene has experienced tremendous growth over the last few years. One of the key drivers of this growth is open banking. This is causing financial...
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UBS Sees T-Mobile's New Initiatives Helping Lower Churn, Sustain Subscriber Momentum
Tuesday, June 7, 2016 - 3:42pm | 254UBS maintained its Buy rating on T-Mobile US Inc (NASDAQ: TMUS), saying that initiatives announced on its Un-carrier event will help lower churn and sustain the company's subscriber momentum. T-Mobile introduced three new offerings: 1) "TMobile Tuesdays", a new app offering free...
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Jim Cramer Suggests Gogo Lost Business To ViaSat Because Of Netflix
Friday, June 3, 2016 - 12:17pm | 227Shares of Gogo Inc (NASDAQ: GOGO) were trading lower by more than 13 percent Friday after the company announced it has reached an agreement with American Airlines to "continue to provide service on a meaningful portion of the American fleet currently served by Gogo." Investors heavily...
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Gogo Tumbles 4% Following Q4 Print, 2016 Guidance
Thursday, February 25, 2016 - 9:56am | 274Shares of Gogo Inc (NASDAQ: GOGO) were trading lower by more than 4 percent after the company reported its fourth quarter results. Gogo said it lost $0.43 per share in the fourth quarter on revenue of $137.779 million. Wall Street analysts were expecting the company to lose $0.43 per share on...
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Gogo Surges 17% After American Airlines Dismisses Lawsuit
Monday, February 22, 2016 - 2:40pm | 154Shares of Gogo Inc (NASDAQ: GOGO) gained more than 17 percent on Monday after the company announced that American Airlines Group Inc (NASDAQ: AAL) dismissed the declaratory judgement action it filed against the company on February 12. Related Link: American Airlines Lawsuit Pushes Gogo Shares Down...
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American Airlines Lawsuit Pushes Gogo Shares Down 30%
Tuesday, February 16, 2016 - 10:19am | 246Shares of Gogo Inc (NASDAQ: GOGO), a provider of aero communications services including in-flight Internet access, plunged 30 percent Tuesday morning after a report from Star Telgram said that American Airlines Group Inc (NASDAQ: AAL) is suing Gogo and looking to switch Internet providers....
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Gogo Trades Lower As Analysts Dissect Future Prospects
Tuesday, August 12, 2014 - 1:07pm | 700Gogo (NASDAQ: GOGO) on Monday reported its second quarter results. The company lost $0.22 per share, a penny better than analysts expected while revenue of $99.50 million came in $0.1 million better than expected. Net loss for the quarter improved to $18.7 million from $72.6 million a year ago...
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Markets Marginally Higher On Light Volume And Encouraging Geopolitical Developments
Monday, August 11, 2014 - 4:46pm | 2480U.S. markets managed to squeeze out small gains in lighter than normal volume, as geopolitical tensions may be calming down. Russia President Vladimir Putin said that the country will coordinate with the International Red Cross to send humanitarian aid to Ukraine. Meanwhile, Palestinians and...
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Market Wrap For June 17: Markets Higher Ahead Of Fed Decision
Tuesday, June 17, 2014 - 4:30pm | 1799U.S. stocks were slightly higher following encouraging economic May data coming in a day before the Federal Reserve concludes its two day meeting regarding its monetary policy. It is possible the Federal Reserve will announce on Wednesday that it is lowering its monthly asset purchases to $35...
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Market Wrap For May 21: Fed's Minutes Support Wednesday's Bull Run
Wednesday, May 21, 2014 - 4:37pm | 2652U.S. stocks rose at the opening bell and continued to rise throughout the trading session. Investors and traders breathed a sigh of relief when the Federal Reserve indicated a rate hike is not likely in the short term. According to the Fed, it is examining multiple strategies to tighten its...
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Market Wrap For May 12: Dow And S&P Close At Record Highs
Monday, May 12, 2014 - 4:37pm | 2248U.S. stocks rose as both the Dow and S&P 500 indices closed at record highs. With over 90 percent of S&P 500 companies reported earnings, investor focus has shifted to renewed merger and acquisition activity that provides a higher level of confidence that the economy is expanding. The...
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GOGO Q1 2014 Earnings Conference Call Highlights
Monday, May 12, 2014 - 3:00pm | 702The following comments, based off of an executive's transcript, are highlights from the Gogo (NASDAQ: GOGO) Q1 2014 earnings conference call. Technology When it comes to international aircraft, the recently announced 2Ku technology, which is exclusive to GOG, is the fastest solution in the...
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Earnings Expectations For The Week Of May 12: Wal-Mart, Deere, Cisco And More
Sunday, May 11, 2014 - 4:26pm | 870Most of the S&P 500 have already posted their first-quarter results. This week, big retailers begin to share their earnings reports. Wal-Mart (NYSE: WMT), the big daddy of retailers, steps onto the earnings stage Thursday. Macy's (NYSE: M) and J.C. Penney (NYSE: JCP) are also scheduled to...