Investing

David Paul Morris | Bloomberg | Getty Images The silhouette of Drew Houston, chief executive officer and co-founder of Dropbox Inc., is seen walking on stage during an event in San Francisco. Dropbox fell as much as 10 percent during Friday’s open after its announcement on Thursday that chief operating officer, Dennis Woodside, will be
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David Paul Morris | Bloomberg | Getty Images A technician inspects a 300mm silicon wafer at the Applied Materials Maydan Technology Center in Santa Clara, California. Semiconductor stocks have soundly outperformed the market for years, but Morgan Stanley is now warning the red-hot sector has topped out. The firm lowered its rating to cautious from
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Shares of Vitamin Shoppe soared 32.1 percent at $10.70 per share on Wednesday after the company reported better-than-expected earnings for its second quarter. The nutritional supplement company reported adjusted earnings of 31 cents per share versus the 5 cents per share consensus estimate from analysts, according to Thomson Reuters. Vitamin Shoppe’s digital commerce sales increased
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Shares of Office Depot jumped 12.9 percent on Tuesday, after the company reported better-than-expected earnings per share and revenue for its second quarter. The Boca Raton, Florida-based retailer reported adjusted earnings of 5 cents a share, beating analysts’ average estimate of 4 cents a share. Office Depot also reported $2.63 billion of revenue for the
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Crocs shares tumbled on Tuesday after it announced its chief financial officer would step down from that role this month and leave the company next year. Shares closed down 2.65 percent at $17.64 per share after dipping as much as 9 percent in morning trading, after Crocs said Carrie Teffner, executive vice president and CFO
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