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Bulls Praise Dollar General's Q3 Earnings
2019 Dec 06, 4:20pm | 387Dollar General Corp. (NYSE: DG) reported Thursday third-quarter results which were well interpreted by two analysts. The Analysts KeyBanc Capital Markets analyst Bradley Thomas maintains an Overweight rating on Dollar General with a $180 price target. The Buckingham Research Group's Bob Summers...
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Scott Galloway Calls For Twitter's Board To Replace 'Part-Time CEO' Jack Dorsey Amid Africa Move Plans
2019 Dec 06, 3:46pm | 760A shareholder in Twitter Inc. (NASDAQ: TWTR) and New York University business professor wrote an open letter Friday to the company's board calling for the replacement of CEO Jack Dorsey. What To Know Scott Galloway, who owns more than 330,000 shares of Twitter stock and is a marketing professor...
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Meet mymilligram, The New Cannabis Midcrodosing Box
2019 Dec 06, 3:10pm | 340Cannabis microdosing-focused media brand mymilligram has launched a direct-to consumer subscription box featuring some of its staff’s favorite low-dose marijuana products: the mymilly box. The products in the box contain between 1mg and 10mg of THC each. They're all easily measurable and...
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Sell-Side Remains Optimistic On Sage Therapeutics Despite Depression Drug Disappointment
2019 Dec 06, 3:00pm | 623Sage Therapeutics Inc (NASDAQ: SAGE) shares fell more than 60% Thursday following a negative readout for its lead asset in major depressive disorder. The Analysts Morgan Stanley analyst Matthew Harrison maintained an Overweight rating for Sage but lowered the price target from $217 to $125. (See...
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3 Reasons Needham Upgraded Trade Desk
2019 Dec 06, 2:54pm | 292The bullish case for Trade Desk Inc (NASDAQ: TTD), a provider of a technology platform for buyers of advertising, can be made for three reasons, according to Needham. The Analyst Needham analyst Laura Martin upgraded Trade Desk from Hold to Buy with a new $325 price target. The Thesis Trade Desk...
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Oil Prices Surge Higher, Then Fall Back, Following News Of OPEC Agreement
2019 Dec 06, 2:49pm | 827Oil prices have climbed back from their earlier highs after surging on news of deeper cuts agreed to by the Organization of Petroleum Exporting Countries. OPEC, at its meeting in Vienna, agreed to deeper cuts than already have been in place. That agreement came Dec. 6 after a lengthy meeting that...
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The End Of An Era: Willie Nelson Has Officially Stopped Smoking Weed
2019 Dec 06, 2:45pm | 469By The Fresh Toast's Brendan Bures, provided exclusively to Benzinga Cannabis. Though the red-headed stranger might use marijuana through other means, Willie Nelson quit smoking for health reasons. Yes, the rumors are true. All-time marijuana icon Willie Nelson has toked his final toke, puffed...
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Analysts: Amazon Is More Than The Truck That Brings Gifts
2019 Dec 06, 2:40pm | 552Around the holidays Amazon.com Inc. (NASDAQ: AMZN) is probably best known for being one of Santa's biggest helpers, delivering presents to homes at a furious pace. But as the company rolls out several new Amazon Web Services products and new innovations in machine learning, and its Amazon...
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Option Trader Bets $1.3M On Exxon Mobil Upside Through 2022
2019 Dec 06, 2:30pm | 573Exxon Mobil Corporation (NYSE: XOM) shares are down 12.2% over the past year, but at least one larger option trader is betting the next two years will be much better for the largest U.S. oil major. The Trades On Friday morning, Benzinga Pro subscribers received two option alerts related to...
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What The Vape Scare Means For Cannabis Sales
2019 Dec 06, 2:12pm | 1043By Cy Scott, Headset CEO. The vape crisis has rocked both cannabis consumers and businesses in recent months. According to the CDC, a chief suspect in the hospitalizations and deaths is Vitamin E Acetate, a thickening agent used by manufacturers that is harmless as a topical, but poisonous when...
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Chipotle CEO, CFO Talk Turnaround With Cramer
2019 Dec 06, 12:54pm | 375Casual fast-food chain Chipotle Mexican Grill, Inc. (NYSE: CMG) emerged from a highly publicized food safety scandal by focusing on the core business. Chipotle needed to return to its roots of serving "great ingredients, delicious food, and great people," CEO Brian Niccol told CNBC's...
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Federal Agencies Clarify Banking Rules For Hemp Businesses
2019 Dec 06, 12:40pm | 730On Oct. 29, the United States Department of Agriculture released its long-awaited draft regulations for hemp production. On Dec. 3, four federal agencies Issued a statement clarifying the legal status of hemp businesses and their requirements for obtaining financial services. Although hemp had been...
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How The Twin Brothers Behind 'CollegeStudent' Started A Viral Sticker Company
2019 Dec 06, 12:25pm | 609Benzinga recently sat down with Joey Rexford of Big Moods, an online art store that sells stickers and accessories, to talk about providing opportunities for freelance artists to make income — and spreading mental health awareness. Blockbuster Reveal Rexford and his identical twin brother...
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Money Ball: 8 Hedge Fund Managers Who Own Pro Sports Teams
2019 Dec 06, 11:58am | 675Hedge fund billionaire Steve Cohen, CEO of Point72 Asset Management, is in talks to boost his ownership in the New York Mets baseball team to a majority stake, perhaps bringing more of a Wall Street vibe to the team out in Queens. If the deal is completed and Cohen becomes the main owner in five...
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CrowdStrike Delivers Another Quarterly Beat With Improvement In Key Parameters
2019 Dec 06, 11:33am | 270Although CrowdStrike Holdings Inc (NASDAQ: CRWD) delivered another strong quarter with improvements in key matrices, the stock valuation is high relative to peers, according to Baird. The Analyst Baird’s Jonathan Ruykhaver maintained a Neutral rating for CrowdStrike, with a price target of $...