Is Bitcoin Driving Overstock.com’s Success?

These numbers raise an important question: what is driving Overstock’s sudden rally? My guess is that it is bitcoin, and it might indicate that cryptocurrencies have passed an important milestone.

The milestone is this: more conservative investors; including value investors, have taken notice of altcoins. These people would not invest in cryptocurrencies directly but they are looking for stocks that might from them. Overstock is one of those because it takes direct bitcoin payments; unlike most online retailers including Amazon.

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UK to Ban Gas and Diesel Vehicles by 2040

Her Majesty’s Government plans to ban the sale of new gasoline (petrol) and diesel-burning vehicles in the United Kingdom by 2040.

The ban is part of the government’s “Clean-Air Plan;” which is designed to address Britain’s growing air-pollution problem, The Guardian reported. The ban will cover hybrids as well as internal-combustion engine only automobiles.

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What is killing the Department Stores?

The real culprit in the death of the Great American Department Stores is changing times. Since there is no way to change that investors should stay away from this sector, perhaps far away.

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How are Office Supply Stores Surviving?

Staples is definitely an acquisition target because its purchaser would get around 1,225 stores and $17.30 billion in revenues for a low price. Staples reported a stock value of $10.10 a share, a market cap of $6.597 billion and an enterprise value of $6.597 billion on June 29, 2017.

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Is this the End of Pandora?

We might be seeing Netflix’s (NASDAQ: NFLX) future at Pandora. Like Pandora, Netflix has built up a vast digital distribution platform which it uses to distribute entertainment content it has to pay for.

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The Bon-Ton Stores will not survive the Retail Apocalypse

The lesson here is clear the department store business model no longer works in America. Investors should stay away from this sector, far, far away if they want to make money. The Bon-Ton Stores’ present reality is the future for brands like Macy’s; and JC Penney’s, unless they can change radically.

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Is the End in Sight at Sears?

It looks as if Sears is close to death and a chapter in American retail history is about to end. We are now living in the age of Amazon and many brick and mortar retailers are doomed.

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The End of Department Stores at Macy’s

We might be witnessing the end of traditional department stores at Macys’ (NYSE: M). Service and employees are being cut in stores as the iconic retailer implements a no-frill shopping model more akin to Walmart than a traditional department store.

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Is AutoNation in Trouble?

Sell AutoNation now because this stock has no place to go but down. Expect AutoNation to struggle with falling sales, declining income and collapsing stock prices for the foreseeable future.

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Eddie Lampert has gone Nuts, Sears is Suing Craftsman Supplier

Sears Holdings’ (NASDAQ: SHLD) CEO Eddie Lampert is justifying suspicions that he is crazy. His newest turnaround strategy of blaming

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