CCA Isn’t Dead Yet, But It Could Be Soon
When the Federal Bureau of Prisons (BOP) announced it would phase out its use of private prisons on Aug. 18, the stock price of the nation’s largest private prison company, Corrections Corporation of America (CCA), fell by 35 percent in a single day. But the market may have overreacted to the announcement. BOP contracts actually make up a fairly small part of CCA’s business.
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Protected: Gilead Sciences Needs Another Growth Spurt
It’s time for a doctor to prescribe Gilead Sciences some new medicine. The Foster City, California–based company enjoyed strong growth over the past three years, soaking in the success of its breakthrough products in Hepatitis C and HIV. Now, those drugs are the only... read moreGoPro: one of the most confounding stocks on Wall Street
Most investors don’t know what to make of GoPro stock. The California-based company is best known for its HERO action cameras — small, durable camcorders that are popular among adventure-sport enthusiasts. HERO sales account for nearly all of GoPro’s revenue and... read more
Investing in Biopharma? Four things to know about industry leader Gilead Sciences
By Marguerite Ward 1. Gilead’s numbers are looking good: The California-based biopharmaceutical company continues to see success with its HIV drugs (Stribild, Viread ect.) and Hepatitis C drugs (Sovaldi and Harvoni). Gilead’s stock is up 6.24 percent year-to-date at... read moreDon’t Give up that Barnes & Noble Stock just yet
By Danni Santana Perhaps no company has felt the wrath of e-commerce more than Barnes & Noble. Chief competitors Amazon and Chegg have successfully hijacked customers by way of cheaper rental and purchase options of books online. Meanwhile, Barnes & Noble’s... read moreStarbucks Grows in Asia with Local Touch
Leila Lei often goes to one of three Starbucks cafes within a few blocks of her office in Guangzhou City, China, near Hong Kong. She orders a Mocha Latte and enjoys the free WiFi. She knows many others who like the café too. Lei is one of the many millions in... read more
Three Nook Users
Abdul Ali, Towson, Maryland Q: Are you going to stick with the Nook? A: These devices just aren’t built to last. The idea is to get you to buy one every year or so. I think that’s horrendous. I haven’t heard anyone’s iPad breaking down, so I think I’m going to go that... read more
This is the Last Year Barnes & Noble Will Be a Digital Company
As print book have sales declined, retail has shrank and readers have avoided the Nook, Barnes & Noble’s revenues have steadily — albeit slowly — declined. Despite this, the company plans to refocus on its retail business. (* indicates holiday quarter.) Barnes... read more
Protected: Will Darden Be Hungry for Another Spin-Off?
Olive Garden has been the focus of Darden Restaurants, Inc.’s (NYSE: DRI) revival for months now. But investors looking to get true value out of this company might want to take a gander at its other restaurants – because chances are, they might not be a part of the... read more
At Sotheby’s, a CEO Shakeup and a Risky Auction Strategy Spell Trouble
Struggling Sotheby’s (BID) took a risky path to growth by guaranteeing sales before auctions. But that wasn’t enough to overcome Christie’s dominance in the market – or to prevent investors, who have lobbied for a change in company strategy for more than a year, from... read moreInvestment Journal
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