By Heidi Harley

science / science - 5 years ago

Stamps.com Wipes Off 50% of Market Cap as Key USPS Deal Ends

Shares of Stamps dropped as much as 58 percent on Friday in New York, touching their lowest since August 2016 and wiping off $2 billion in market value. The company’s commentary about aggressive pricing tactics employed by bigger rivals -- as well as new challenges from Amazon -- also weighed on sh...

science / science - 5 years ago

Wayfair Jumps to All-Time High as 4Q Gross Margin, Ebitda Beat

(Bloomberg) -- Wayfair jumped as much as 29 percent to its highest price on a closing basis since its 2014 IPO, boosted by fourth-quarter earnings that showed a “top-line beat, strong gross margin and an Ebitda beat,” Stephens analyst Rick Nelson said in a note.“We continue to view Wayfair as a disr...

science / science - 5 years ago

Swedish teenager brings climate action campaign to France

Teenage climate activist Greta Thunberg brought her class-boycott campaign to Paris on Friday, hoping to encourage more French students to hit the streets with demands for bold efforts to combat global warming. The Friday protests that the 16-year-old Swede launched in August have gained little tra...