Search leader Google (GOOGL) will continue its Google Express same-day delivery service, the company said on Thursday, though it is shuttering delivery hubs in San Francisco and, 45 miles south, in its headquarters city of Mountain View, Calif. A company spokesman described the change as an operational move that won’t affect customers and added that the company will continue adding merchants to the program. With its foray into the competitive
All four U.S. national wireless firms will hook-up with pay-TV partners, either in M&A or partnerships, says Oppenheimer, which says Comcast (CMCSA) or Charter Communications loom as buyers of T-Mobile US (TMUS). “We see Comcast (with TMUS and partnering with other cable companies), AT&T, Verizon Communications (VZ), and Sprint the four likely surviving companies,” said Oppenheimer analyst Tim Horan in a research report. Horan says there’s only a
Drug giant Allergan (AGN) and Apple (AAPL) are top favorites of hedge funds, while Express Scripts Holding (ESRX), Walt Disney (DIS) and IBM (IBM) lead the list of most shorted stocks, according to a Goldman Sachs report. Allergan in early August only modestly beat analysts’ Q2 consensus estimates, and its stock fell shortly after the stock touched its all-time high above 340. Shares were down 1% in midday trading in the stock market today, near