But Snapchat's top exec sounds unfazed.
Evan Spiegel, the CEO of Snapchat (SNAP)'s parent company, said Thursday that some user complaints about a major redesign actually "validate those changes."
"One of the complaints we got is, 'Wow, I used to feel this celebrity was my friend and now I don't feel like they're my friend anymore,' " Spiegel said on stage at the Goldman Sachs Technology and Internet Conference. "Exactly. They're not your friend."
The app previously featured content from friends, publishers and celebrities on one page. Now, there's a designated page for publishers and famous people, and a separate page for friends.
Spiegel announced the Snapchat redesign in November. The company's goal was to make the app easier to use after struggling to grow its audience for much of 2017.
But now Snapchat is facing criticism that the app reorganization makes it harder to navigate. Among the complaints: disappearing posts are mixed in with direct messages; updates from friends you contact less frequently are harder to find; and posts shared by celebrities are separated from posts shared by friends.
Top 5 Heal Care Stocks To Watch For 2019: Prestige Brand Holdings Inc.(PBH)
Advisors' Opinion:- [By Stephan Byrd]
Premium Brands (TSE:PBH) had its target price increased by TD Securities from C$140.00 to C$145.00 in a research note published on Thursday. The firm currently has an action list buy rating on the stock.
- [By Stephan Byrd]
SG Americas Securities LLC increased its position in Prestige Brands (NYSE:PBH) by 103.2% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 16,597 shares of the company’s stock after acquiring an additional 8,431 shares during the period. SG Americas Securities LLC’s holdings in Prestige Brands were worth $560,000 at the end of the most recent reporting period.
- [By Max Byerly]
Premium Brands Holdings Corp (TSE:PBH) has earned an average recommendation of “Buy” from the seven analysts that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is C$132.14.
- [By Motley Fool Transcribers]
Prestige Brands Holdings Inc (NYSE:PBH)Q3 2019 Earnings Conference CallFeb. 07, 2019, 8:30 a.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Lisa Levin] Companies Reporting Before The Bell Nomad Foods Limited (NYSE: NOMD) is estimated to report quarterly earnings at $0.36 per share on revenue of $656.43 million. AMC Networks Inc. (NASDAQ: AMCX) is expected to report quarterly earnings at $2.2 per share on revenue of $720.14 million. Magna International Inc. (NYSE: MGA) is projected to report quarterly earnings at $1.7 per share on revenue of $10.11 billion. Univar Inc. (NYSE: UNVR) is estimated to report quarterly earnings at $0.36 per share on revenue of $2.12 billion. Duke Energy Corporation (NYSE: DUK) is expected to report quarterly earnings at $1.14 per share on revenue of $5.78 billion. Owens & Minor, Inc. (NYSE: OMI) is projected to report quarterly earnings at $0.47 per share on revenue of $2.40 billion. Prestige Brands Holdings, Inc. (NYSE: PBH) is expected to report quarterly earnings at $0.61 per share on revenue of $255.60 million. Tribune Media Company (NYSE: TRCO) is projected to report quarterly earnings at $0.06 per share on revenue of $457.67 million. ArcBest Corporation (NASDAQ: ARCB) is estimated to report quarterly loss at $0.07 per share on revenue of $691.18 million. Genesis Healthcare, Inc. (NYSE: GEN) is projected to report quarterly loss at $0.34 per share on revenue of $1.32 billion. Enbridge Inc. (NYSE: ENB) is expected to report quarterly earnings at $0.55 per share on revenue of $10.14 billion. Kelly Services, Inc. (NASDAQ: KELYA) is estimated to report quarterly earnings at $0.42 per share on revenue of $1.34 billion. NICE Ltd. (NASDAQ: NICE) is expected to report quarterly earnings at $1.01 per share on revenue of $332.93 million. World Acceptance Corporation (NASDAQ: WRLD) is estimated to report quarterly earnings at $3.94 per share on revenue of $147.32 million. MAXIMUS, Inc. (NYSE: MMS) is expected to report quarterly earnings at $0.84 per share on revenue of $616.04 million. Choice Hotels International, Inc. (NYSE: CH
- [By Lisa Levin]
Prestige Brands Holdings, Inc. (NYSE: PBH) shares were also up, gaining 23 percent to $35.07 after the company posted upbeat Q4 earnings.
Equities Trading DOWN
Top 5 Heal Care Stocks To Watch For 2019: Penske Automotive Group, Inc.(PAG)
Advisors' Opinion:- [By Lisa Levin] Companies Reporting Before The Bell Thermo Fisher Scientific Inc. (NYSE: TMO) is projected to report quarterly earnings at $2.4 per share on revenue of $5.63 billion. Ford Motor Company (NYSE: F) is expected to report quarterly earnings at $0.41 per share on revenue of $37.16 billion. Twitter, Inc. (NYSE: TWTR) is projected to report quarterly earnings at $0.11 per share on revenue of $605.26 million. Comcast Corporation (NASDAQ: CMCSA) is expected to report quarterly earnings at $0.59 per share on revenue of $22.75 billion. General Dynamics Corporation (NYSE: GD) is estimated to report quarterly earnings at $2.52 per share on revenue of $7.6 billion. The Boeing Company (NYSE: BA) is expected to report quarterly earnings at $2.58 per share on revenue of $22.24 billion. Anthem, Inc. (NYSE: ANTM) is estimated to report quarterly earnings at $4.91 per share on revenue of $22.52 billion. Viacom, Inc. (NASDAQ: VIAB) is projected to report quarterly earnings at $0.79 per share on revenue of $3.04 billion. Northrop Grumman Corporation (NYSE: NOC) is estimated to report quarterly earnings at $3.61 per share on revenue of $6.61 billion. Rockwell Automation Inc. (NYSE: ROK) is expected to report quarterly earnings at $1.81 per share on revenue of $1.66 billion. Wipro Limited (NYSE: WIT) is projected to report quarterly earnings at $0.07 per share on revenue of $2.15 billion. The Goodyear Tire & Rubber Company (NASDAQ: GT) is expected to report quarterly earnings at $0.46 per share on revenue of $3.82 billion. Owens Corning (NYSE: OC) is projected to report quarterly earnings at $0.97 per share on revenue of $1.62 billion. T. Rowe Price Group, Inc. (NASDAQ: TROW) is estimated to report quarterly earnings at $1.71 per share on revenue of $1.29 billion. Dr Pepper Snapple Group, Inc. (NYSE: DPS) is expected to report quarterly earnings at $1.04 per share on revenue of $1.57 billion. Sirius XM Holdings Inc. (NASDAQ: SI
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Penske Automotive Group (PAG)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Motley Fool Transcribing]
Penske Automotive Group (NYSE:PAG) Q4 2018 Earnings Conference CallFeb. 7, 2019 2:00 p.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Rich Smith]
The three car dealers SunTrust reviewed this morning are Asbury Automotive Group (NYSE:ABG), AutoNation (NYSE:AN), and Penske Automotive Group (NYSE:PAG).
- [By Shane Hupp]
Penske Automotive Group (NYSE:PAG) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Of late, the Zacks Consensus Estimate for Penske Automotive’s annual earnings has been going down. The company retail automotive segment is driving revenues due to its widened geographic presence, and varied product and service range. It also increases it dividend payouts in almost every quarter and also repurchases shares to boost shareholders’ confidence. Penske Automotive makes frequent acquisitions to expand its presence in the United States and the United Kingdom. It experienced positive revenue growth in all the business segments along with strong improvement in used-vehicle supercenter business. However, rising competition and increasing price transparency can lead to lower selling prices, thus affecting the profits of the company. Also, over a month, shares of Penske Automotive have underperformed the industry it belongs to.”
Top 5 Heal Care Stocks To Watch For 2019: Paychex Inc.(PAYX)
Advisors' Opinion:- [By Logan Wallace]
Paychex, Inc. (NASDAQ:PAYX) insider Stephanie L. Schaeffer sold 34,251 shares of the company’s stock in a transaction on Monday, July 9th. The stock was sold at an average price of $69.98, for a total value of $2,396,884.98. Following the sale, the insider now owns 43,552 shares of the company’s stock, valued at approximately $3,047,768.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
- [By Ethan Ryder]
PNC Financial Services Group Inc. increased its stake in Paychex, Inc. (NASDAQ:PAYX) by 3.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 583,975 shares of the business services provider’s stock after acquiring an additional 18,717 shares during the period. PNC Financial Services Group Inc. owned approximately 0.16% of Paychex worth $39,917,000 as of its most recent SEC filing.
- [By Motley Fool Staff]
Paychex, Inc. (NASDAQ:PAYX)Q4 2018 Earnings Conference CallJune 27, 2018, 9:30 a.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
Top 5 Heal Care Stocks To Watch For 2019: AquaVenture Holdings Limited (WAAS)
Advisors' Opinion:- [By Logan Wallace]
Shares of AquaVenture Holdings Ltd (NYSE:WAAS) have earned a consensus rating of “Buy” from the ten ratings firms that are currently covering the firm, MarketBeat reports. Eight investment analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $25.75.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on AquaVenture (WAAS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Stephan Byrd]
Get a free copy of the Zacks research report on AquaVenture (WAAS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top 5 Heal Care Stocks To Watch For 2019: OneMain Holdings, Inc.(OMF)
Advisors' Opinion:- [By Joseph Griffin]
OneMain Holdings Inc (NYSE:OMF) – Stock analysts at Jefferies Financial Group upped their Q2 2019 earnings estimates for shares of OneMain in a note issued to investors on Tuesday, February 12th. Jefferies Financial Group analyst J. Hecht now anticipates that the financial services provider will post earnings of $1.30 per share for the quarter, up from their prior forecast of $1.28. Jefferies Financial Group also issued estimates for OneMain’s FY2019 earnings at $5.57 EPS, Q1 2020 earnings at $1.42 EPS, Q2 2020 earnings at $1.38 EPS, Q3 2020 earnings at $1.63 EPS, Q4 2020 earnings at $1.61 EPS and FY2020 earnings at $6.04 EPS.
- [By Max Byerly]
OneMain (NYSE:OMF) was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating in a note issued to investors on Monday.
- [By Max Byerly]
Rhumbline Advisers boosted its position in shares of OneMain Holdings Inc (NYSE:OMF) by 18.8% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 59,772 shares of the financial services provider’s stock after acquiring an additional 9,479 shares during the period. Rhumbline Advisers’ holdings in OneMain were worth $1,790,000 as of its most recent filing with the Securities & Exchange Commission.
- [By Motley Fool Transcribers]
OneMain Holdings, Inc. (NYSE:OMF)Q4 2018 Earnings Conference CallFeb. 12, 2019, 8:00 a.m. ET
Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks:Operator
- [By Max Byerly]
OneMain (NYSE: OMF) and Provident Financial (OTCMKTS:FPLPY) are both finance companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, dividends, earnings, profitability, analyst recommendations, valuation and risk.
- [By Shane Hupp]
Get a free copy of the Zacks research report on OneMain (OMF)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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