techkenyot.com
techkenyot.com December 13, 2017


Snapchat introduces "Context Cards" feature in its messaging platform

12 October 2017, 04:54 | Casey Mitchell

US Bancorp DE acquired a new stake in Snap during the first quarter valued at about $101,000. WFG Advisors LP increased its stake in Snap by 52.4% during the 2nd quarter. Commerzbank Aktiengesellschaft FI acquired a new stake in Snap during the first quarter valued at about $2,837,000. Harel Insurance Investments & Financial Services Ltd. now owns 7,540 shares of the company's stock valued at $134,000 after purchasing an additional 6,540 shares in the last quarter. This is an increase of approximately 542% compared to the average volume of 5,463 put options.

Previously on 10/02/2017, Stifel reported on Snap Chat (NYSE:SNAP) held steady the target price at $18.00. Needham & Company LLC assumed coverage on Snap in a research report on Monday, March 6th. This target by Credit Suisse suggests the possibile upside of 30.98 % from the last stock price. Canaccord Genuity maintained Snap Inc (NYSE:SNAP) on Friday, August 11 with "Hold" rating. Loop Capital initiated the stock with "Hold" rating in Tuesday, March 28 report. Ten analysts have rated the stock with a sell rating, twenty-five have given a hold rating and twelve have issued a buy rating to the company's stock. For Snapchat's parent company Snap Inc., the Context Cards open another possible revenue stream from retailers and other businesses that are seeking alternatives to driving foot traffic outside of mapping apps, social media and the search engines that dominate digital advertising. The firm's market capitalization is $24.20 billion. Snap has a one year low of $11.28 and a one year high of $29.44. The firm has a 50-day moving average price of $21.03 and a 200 day moving average price of $21.49.

Aarushi murder case: Relieved, we went through trying times, says Talwar family
The CBI court, presided by Additional Sessions Judge Shyam Lal, had, however, rejected the CBI's plea for death penalty in 2014. The CBI said that it is waiting for a copy of the judgment and after going through it would move the Supreme Court in appeal.

Snap (NYSE:SNAP) last announced its quarterly earnings results on Thursday, August 10th.

Analysts await (:) to report earnings on November, 9. The business's revenue was up 153.1% compared to the same quarter past year.

$1.69 EPS Expected for JPMorgan Chase & Co. (JPM)
Capital International Sarl increased Coca (NYSE:KO) stake by 24,900 shares to 235,050 valued at $10.54 million in 2017Q2. Finally, Manning & Napier Advisors LLC boosted its stake in shares of J P Morgan Chase & Co by 19.3% in the 2nd quarter.

"The firm's longer-term investment thesis remains predicated on the following: "(1) we believe SNAP shares at current levels are now exhibiting asymmetric risk/reward to the upside, with downside risk of ~6% in our Grey Sky scenario and upside potential of ~39% to our target, (2) it is a scarce asset that offers advertisers access to a coveted younger demographic; and (3) Snap is a margin expansion story with revenue CAGR exceeding cost of sales CAGR".

Fast forward two months later, Wall Street - understanding the company's metrics better - is now warming up to Snap and willing to look beyond Snap's near-term flaws.

Northeast Financial Consultants Inc Sells 65499 Shares of Pfizer, Inc. (PFE)
The sales growth rate for a stock is a measure of how the stock's sales per share (SPS) has grown over a specific period of time. Analysts await General Electric Company (NYSE:GE) to report earnings on October, 20 before the open. (NYSE: PFE ).



Other News

Trending Now

Amazon Offers Students Prime for $5.49 a Month
Teens can also be assigned pre-set spending limits per order as an alternative to having orders reviewed. Teens will be given access to their parents' Prime benefits at no cost.

Donald Trump 'could visit demilitarised zone' between North and South Korea
In recent weeks, North Korea has launched two missiles over Japan and conducted its sixth nuclear test, all in defiance of U.N. A U-2S high-altitude reconnaissance aircraft has been deployed by the U.S.

Duterte pulls police off drugs crackdown
Duterte issued the order a few days after his latest net satisfaction score suffered from its biggest fall since he became president.

Oculus announces Oculus Go: Standalone VR Headset
The latest prototype is sleeker and features fully tracked controllers to enable hand presence in standalone form factor. Facebook and other major technology companies such as Google and Microsoft that are betting on VR have a long way to go.

African football legend George Weah wins Liberia Presidential Election
He said Liberia's youth demonstrated "a commitment to be involved in the electoral and governmental process of their country". As Africa's first female president prepares to step aside, voters called for peaceful and fair elections on Tuesday.

Germany: 'No evidence' Russian Federation used Kaspersky software to spy on US
In antivirus "Kaspersky Lab" was spelled out an in depth scan documents on the computers to search for classified information. Kaspersky Lab has repeatedly denied any knowledge of, or involvement in, Russian hack1ing.

Russian Foreign Ministry on Flags Removal: US Destroys Relations With Russia
Russia is considering reduce US diplomatic presence in Moscow according to reports from the Russian Foreign Ministry on Wednesday. The Russian embassy in Washington was not immediately available for comment.

Apple Teams Up With LG Display For Foldable iPhone
It could also be because Apple is cautious about what they share with Samsung , according to Korean news site The Investor . However, it's been suggested that Tim Cook and co do not want to develop too close a relationship with an arch rival.

Diddy Offers To Buy The Entire NFL For Outrageous Sum Of Money
Last month, President Trump said during a rally in Alabama that any player who disrespects the flag should be "fired" by his team. The protest caught on among other players in the National Football League , but the topic hit headlines again recently after U.S.

How Many Union Pacific Corporation (NYSE:UNP)'s Analysts Are Bearish?
Investors of record on Wednesday, May 31st will be paid a $0.605 dividend. 5,459 were accumulated by Dubuque Natl Bank And Tru. Proficio Capital Partners LLC raised its holdings in shares of Union Pacific Corporation by 36.3% during the first quarter.