Category: Retail News
Cannabis company Canopy applauds Biden’s marijuana pardons as stock surges
Canopy Growth Corporation shares jumped 22% following President Biden's announcement that he will pardon thousands of people convicted of marijuana po [...]
Wall Street praises Costco as ‘best-in-class’ retailer following strong September sales
Wall Street responded favorably to Club holding Costco's (COST) September sales figures, proving yet again why the company is the Club's top retail pi [...]
Adidas says its relationship with Kanye West is under review
West partnered with Adidas in 2013 to manufacture and distribute items from his Yeezy clothing line. He's recently been publicly critical of the compa [...]
French court slashes Apple antitrust fine in blow to European regulators
A French court lowered a record 1.1 billion antitrust fine on Apple to 371.6 million euros, roughly a third the value of the original penalty. [...]
3 takeaways from our daily meeting: Stocks teeter, an oil trim, obesity drug fast track
The Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET. [...]
Gun industry faces a new wave of lawsuits that could reshape how firearms are sold
The gun industry has broad legal immunity from the fallout of mass shootings. Experts say plaintiffs in new lawsuits face an uphill battle. [...]
Peloton CEO says company has 6 months to show it can survive, 500 job cuts coming, report says
Peloton has six months to show it can survive as a standalone company, CEO Barry McCarthy said, according to a report. [...]
These stocks were our best and worst performers in the third quarter
Here's a snapshot of the best and worst performers in the Investing Club's 34-stock portfolio for the third quarter. [...]
Defendant in case of $100 million NJ deli hires lawyer who repped ‘pharma bro’ Martin Shkreli
Peter Coker Sr., one of the defendants in the case of the $100 million New Jersey deli, hired a lawyer who previously represented "pharma bro" Martin [...]
3 of our stocks, including Ford, are in the news. Here’s the Club’s take on the headlines
Three Club holdings — Ford, Disney and Starbucks — were in the news Tuesday. Here's what we think about the headlines. [...]