Snap is sliding after another Wall Street analyst sees slowing user growth (SNAP)

Snap is losing ground Wednesday after Needham’s Laura Martin lowered her user and revenue estimates. On Tuesday, Cowen analyst John Blackledge lowered his price target for the same reason. Snap is down almost 9% since Monday’s close. Watch Snap trade in real time here. Snap shares are down 3.76% to $12.81 apiece Wednesday after yet another Wall Street analyst revised their user and revenue growth estimates lower. “We lower our Snap revenue estimates by 15% for second-quarter 2018 and by 5% for fiscal year 2018, based on lowered daily active user growth projections,” Needham and Company analyst Laura Martin wrote in a note out to clients on Wednesday. The lowered… Read More

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Under Armour’s newest executive is zeroing in on its biggest problem (UAA)

Under Armour President Patrik Frisk is bringing a disciplined approach to solving the company’s most pestering issue, an inventory backlog. Frisk has put initiatives in place that should enable precise inventory and supply chain management, according to Jefferies analyst Randal Konik. Konik is bullish on the stock. Watch Under Armour trade in real time here. Under Armour has been steadily solving one of its most pressing issues. And its new president, a veteran retail executive, has brought on specific initiatives that are bringing order and discipline to the clean-up process. The sports-apparel retailer began mismanaging its inventory in the third quarter of 2017, leading to a 22% year-over-year increase. When… Read More

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Japan and Senegal fans were seen cleaning World Cup stadiums after matches ended instead of celebrating at the pub

Japan and Senegal fans have won headlines for staying behind after their World Cup matches to ensure the stadiums are left clean and tidy.Japan bested Colombia before Senegal beat Poland in separate Group H matches on Tuesday. But rather than exit the ground immediately after the final whistle, fans tidied up after themselves to ensure no litter was left behind.Japan and Senegal meet in a Group H clash on Sunday and, judging from their behaviour earlier this week, the stadium could be left cleaner than it ever has been before. … …read more Source:: AOL.com       

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