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Pump Up The Volume: Morgan Stanley Thinks Sonos Could Go Higher
Monday, January 28, 2019 - 4:33pm | 339Investors were pumping up the volume on speaker maker Sonos, Inc. (NASDAQ: SONO) following an upgrade from Morgan Stanley, which likes its new product plans and distribution deal with IKEA. The Analyst Morgan Stanley analyst Yuuji Anderson upgraded Sonos from Equal-Weight to Overweight, while...
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Today's Pickup: Port Of L.A. Backlog, A New Short Line Rail Service, IKEA Furniture Spill In North Sea
Friday, January 4, 2019 - 10:10am | 643Good day, The congestion choking the Port of Los Angeles has prompted calls for more efficient movement of containers, FreightWaves reported earlier this week. Delays are one reason the Los Angeles facility has been losing market share to other California ports including Long Beach and Oakland...
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Tesla's Most Unexpected Solar Competitor: IKEA
Thursday, August 3, 2017 - 3:34pm | 712Less than a week after taking the first Model 3 cars off the line, Tesla Inc (NASDAQ: TSLA) also installed its first solar roofs. The company made the announcement during its second-quarter earnings call on Wednesday. The solar roofs use solar panels in the shape of roof tiles to replace existing...
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Wayfair Falls As IKEA Announces E-Commerce Expansion To Retail
Wednesday, June 7, 2017 - 3:36pm | 338Wayfair Inc (NYSE: W) fell as much as 3 percent Wednesday after rival IKEA announced upcoming test-sales of its products on online retail sites. IKEA has only ever sold through its own websites and warehouse-showcase stores, and expanding access could poach consumers from competitive brands. This...
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How Family Office Manager Julio Gonzalez Is Helping Keep Jobs In The U.S. Using Tax Engineering
Monday, April 24, 2017 - 9:13am | 988Benzinga recently was at the Nasdaq Marketsite and had the chance to chat with Julio Gonzalez, CEO and CIO of the Gonzalez Family Office, CEO of Engineered Tax Services and Official Member of the Forbes Finance Council. Check out how he got rich by helping keep jobs and, ultimately, grow GDP in the...
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Ikea Recalls Millions Of Dressers: Here's Why
Tuesday, June 28, 2016 - 2:25pm | 221Ikea faced a public backlash last year after two toddlers tragically died when they climbed on a dresser that wasn't fastened to a wall. Sadly, a third toddler died this week under similar circumstances, prompting the furniture maker to completely recall the dresser and release an urgent warning to...
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Juniper Analyst: Apple Could Use Metaio's IP For Augmented Reality Semiconductors
Thursday, June 4, 2015 - 3:01pm | 254Last week, several mainstream media outlets discussed Apple Inc. (NASDAQ: AAPL)’s alleged acquisition of Metaio, a German company focused on augmented reality. Apple has not confirmed the purchase, but the story resurfaced on Thursday. According to the Irish Times, a "document...
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Klipfolio Raises $6.2 Million, Proves It's Never Too Late To Act Like A Startup
Wednesday, February 25, 2015 - 6:14pm | 568Klipfolio, a company that's focused on disrupting the cloud dashboard market, waited 13 years to raise $1.7 million. After fulfilling its goals for 2014, the company decided to continue behaving like a startup. "We raised the seed round last February," Allan Wille, co-founder,...
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Weekly Highlights: Amazon's First Smartphone, Google's Latest Acquisition And More
Sunday, April 20, 2014 - 11:04am | 176This week was an unusual one. Instead of being dominated by headlines from Apple, the week proved to be ruled by Google (NASDAQ: GOOG). The search engine giant made a key acquisition, filed a promising patent, and received investor hype from Jim Cramer. Amazon (NASDAQ: AMZN), whose newly...
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IKEA Invests In Wind Power At Its U.S. Facilities
Thursday, April 17, 2014 - 3:05pm | 473There's another sign that the big corporations are taking the idea of alternative energy and energy sustainability quite seriously. Swedish home furnishing retailer IKEA announced last week it is investing in wind power, with the purchase of the Hoopeston Wind facility in Illinois. The company...
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Google Glass To Invade Best Buy, Take Up Store Space In 2014 (BBY, GOOG)
Thursday, August 22, 2013 - 2:56pm | 473First Apple (NASDAQ: AAPL) set up shop at Best Buy (NYSE: BBY). This summer, Samsung (OTC: SSNLF) and Microsoft (NASDAQ: MSFT) came to the retailer, which is slowly becoming a mini-mall for tech companies. Now Google (NASDAQ: GOOG) wants a piece of the action. According to a Google+ post by tech...