35.00 +0.08 (0.23%)
After hours: 7:59PM EST
|Bid||34.92 x 21500|
|Ask||35.00 x 1800|
|Day's Range||34.68 - 34.99|
|52 Week Range||26.01 - 42.00|
|Beta (3Y Monthly)||1.26|
|PE Ratio (TTM)||15.64|
|Earnings Date||Jan 27, 2020 - Jan 31, 2020|
|Forward Dividend & Yield||0.56 (1.61%)|
|1y Target Est||40.20|
U.S. consumers spent approximately $57.5 billion dollars between November 1st to November 28th, according to Adobe Analytics. Meanwhile on Thanksgiving Day alone, consumers are expected to have spent $4.4 billion dollars by the end of the day. Erin Sykes, Retail and Sales Strategy Expert, Consultant, and QVC Guest Host, joins Yahoo Finance's The Ticker to discuss.
Shareholders in Eddie Stobart Logistics will be given the option to take part in a rights issue early next year to help pay down or to share the proceeds of a high-interest loan used to rescue the haulage group by Dbay, a private equity group. The company has received about £55m of cash from Dbay to fund operations, through a so-called “payment-in-kind” facility that carries an interest rate of about 18 per cent. This sort of financing adds interest payments to the existing loan, which means the heavily indebted company will not need to pay out cash. The haulage group had warned that it was running out of money, and at risk of breaching its banking covenants.
Today we found three 'cheap' tech stocks trading under $10 per share with the help of our Zacks Stock Screener that investors might want to buy heading into 2020...
The Trump administration has agreed to drop a footnote from the U.S.-Mexico-Canada trade deal that would have let it lower the $800 tax-free threshold for imported goods, easing concerns of small business owners who buy overseas materials in small batches, said sources familiar with the matter. The measure had sparked opposition from technology groups and a bipartisan group of 150 lawmakers, who warned U.S. Trade Representative Robert Lighthizer about any effort to override Congress, which had raised the threshold in 2016. While some businesses have complained that the level is too high and allows Chinese sellers an unfair pricing advantage on Amazon, eBay and other internet sites, small business owners argued that lowering the tax-free level could raise their costs and hurt their ability to compete globally.
Polish online marketplace Allegro abused its dominant position by using its technical know-how to favour its own shop over other sellers, competition watchdog UOKiK said on Tuesday, threatening the company with a fine of up to 10% of revenue. Allegro, a Polish equivalent of eBay which allows both professional retailers and members of the public to sell on its platform, used an algorithm not available to other sellers to favourably position offers from its own shop, UOKiK said. "In our opinion, Allegro used information it had gathered, including an algorithm for deciding on the relevance of items, to favour its own shop," UOKiK president Marek Niechcial told reporters.
eBay (EBAY) has become a more focused e-commerce retailer followings its spinoff of PayPal (PYPL) in 2015, explains Jim Kelleher, an analyst with Argus Research -- a leading source of independent research.
Many investors are wondering is eBay Inc (NASDAQ: EBAY) worth buying. In the last days of November, news surfaced that eBay is selling StubHub for $4 billion in cash. StubHub is being returned to its co-founder that is now the CEO of Viagogo.
On Monday, December 9, eBay will celebrate the 12th anniversary of Green Monday, historically one of the company's busiest holiday shopping days. With thousands of amazing offers and new deals dropping every hour, the marketplace is launching the biggest December deals day of the year. Beginning at 5am PT / 8am ET (12/9), shoppers can score major savings on exactly that they want this holiday season, with a wide selection of gifts from fashion, home, toys, tech and more, all with free shipping at eBay.com.
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
Target is the Yahoo Finance Company of the Year for 2019. We talk with Target's executive team and experts on how the retailer made it happen in 2019 and what's in store for 2020.
An 86-year-old retiree sent a thank you note to someone who sold him a VHS player — and the internet ate it up.
In an open letter to HP shareholders, the activist investor urges the HP board to reconsider its to reverse its rejection of Xerox’s $22-a-share bid for the company.
Although Black Friday 2019 witnesses a steep slump in offline shopping, it gains traction from a solid surge on the online platform. Given this scenario, we enumerate some winners and losers.
(Bloomberg) -- OYO Hotels, the SoftBank Group Corp.-backed startup that’s built up a large chain of branded hotels and vacation homes around the world, has elevated a key executive to the board to help it focus on profitability and quality control.Aditya Ghosh, who had served as OYO’s chief executive officer for India and South Asia, is stepping up to a board position and will be succeeded by Rohit Kapoor, the company’s current new real estate businesses chief. On the board of directors, Ghosh joins founder and group CEO Ritesh Agarwal, SoftBank Vision Fund Managing Partner Munish Varma and recent addition Betsy Atkins, an early investor in Yahoo and EBay Inc, among others.Before joining OYO a year ago, Ghosh headed up India’s leading budget airline Indigo. He is now set to focus on sustainability and the path to profitability, OYO said in a statement on Monday. Ghosh will oversee a wide portfolio of business areas, spanning safety and security, customer experience, corporate governance, revenue management and stakeholder communications. OYO has been growing at a rapid speed, but its reputation has been tarnished along the way by customer complaints about bad experiences and grievances about poor or unfair treatment from several of the over 20,000 hotel owners in its chain.Citing Ghosh’s strong business acumen and track record, OYO group CEO Agarwal said he is “the perfect choice for this larger and more strategic role, at a global level.” Ghosh said he would further build OYO as a global brand “by not just growing fast but growing right.”OYO, based in Gurgaon in the suburbs of India’s capital New Delhi, was founded six years ago by then-teenager Ritesh Agarwal. For India’s budget travelers, OYO’s promise of standardized and predictable quality stays was a breath of fresh air from a hotel-booking market that was rife with misleadingly pretty online photos that bore little resemblance to the decrepit rooms found upon arrival. The company’s staff help hotel owners upgrade everything from linen to bathroom fixtures to toiletries, with a bright red OYO sign acting as a seal of approval, encouraging travelers to book on its website. OYO takes a cut of roughly 20%.SoftBank’s Vision Fund has so far invested approximately $1.5 billion in OYO pushing its valuation to $10 billion. Other investors include Airbnb Inc., Sequoia Capital and Lightspeed Venture Partners. OYO is the first Indian startup to achieve global scale, growing quickly in major markets like China and the U.S.Earlier this year, Agarwal, now 26, announced that he was borrowing about $2 billion to buy back a 20% OYO stake from other investors, with help from financial institutions. SoftBank Group founder Masayoshi Son personally guaranteed the loans to Agarwal, according to one person familiar with the matter, and among the institutions funding the buyback was Japan’s Mizuho Financial Group Inc., other people familiar with the matter have said. Mizuho has declined to comment.To contact the reporter on this story: Saritha Rai in Bangalore at firstname.lastname@example.orgTo contact the editors responsible for this story: Edwin Chan at email@example.com, Vlad SavovFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Is eBay Inc (NASDAQ:EBAY) a good bet right now? We like to analyze hedge fund sentiment before conducting days of in-depth research. We do so because hedge funds and other elite investors have numerous Ivy League graduates, expert network advisers, and supply chain tipsters working or consulting for them. There is not a shortage of […]
Returned goods to retailers are driving the growth of ‘reverse logistics’ companies, writes Patrick Crocker.
Cyber Monday is gradually gaining more attention from bargain hunters than Black Friday. These ETFs and stocks could be great picks in this regard.