Tag Archives: bad-request

2 Oil And Gas Producers Set Up For Possible Breakouts

Don’t look now, but oil- and gas-related industry groups have been working their way higher in IBD’s 197 industry group rankings. Out of 10 subgroups tracked in IBD’s energy sector, the Oil & Gas-U.S. Exploration & Production group is the highest ranked based on six-month price performance. As of Tuesday’s close, the group ranked 28th out of 197 groups tracked by IBD, up sharply from a ranking of 148th three weeks ago. On Wednesday, OPEC said it

GoPro faces flying camera competition, consumer ‘fatigue’

GoPro (GPRO) stock on Wednesday was buffeted by conflicting analyst reports about the prospects for the top maker of wearable cameras. GoPro stock fell as much as 6% on the stock market today after Citigroup analyst Jeremy David said demand for action cameras in the U.S. appears to be weakening. But GoPro stock recovered somewhat after Piper Jaffray analyst Erinn Murphy reiterated her overweight rating on the stock after a conversation with GoPro executives. GoPro stock was down 1% in afternoon trading, near 58. A Citi survey found that only 5% of U.S. consumers plan on purchasing an action camera in the next 12 months, down from 7% a year ago. “Awareness of GoPro and its content is increasing (and now stands at 72%), but exposure to content is less likely to drive a purchase, and fewer respondents are describing the content as being ‘appealing,’ ” David…

Startup Nutanix’s Gains Pressure VMware, NetApp, EMC

As its rivalry with data center software leader VMware (VMW) grows, hot startup Nutanix’s product roadmap also spells trouble for NetApp (NTAP), says investment bank Jefferies in a research report. Nutanix, a maker of server and data storage systems that run on network management software, strutted out new alliances at a user conference in Miami this week. San Jose, Calif.-based Nutanix has formed closer ties to Microsoft (MSFT), analysts say,