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GreenDot stock rises after earnings; SunTrust raises price target to $100

“Green Dot shares are up 86% over the past 12 months, while the S&P 500 SPX, +0.04% has gained 16%” writes Emily Bary for marketwatch.com. “Green Dot has exceeded our building growth expectations, delivering faster card growth and better yield,” wrote SunTrust Robinson Humphrey analyst Andrew Jeffrey, who raised his price target on the stock to $100 from $75.He said that Green Dot’s 16% organic revenue growth was fueled both by its legacy card business and its newer banking-as-a-service products.GDOT, +5.25% are up 4.9% in Thursday morning trading after the…

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Sage revenue rises; backs full-year guidance

“Sage Group PLC (SGE.LN) said Thursday that organic revenue increased 6.8% in the third quarter and backed its full-year revenue guidance” writes Maryam Cockar for marketwatch.com. Chief Financial Officer Steve Hare said the company is confident of achieving its full-year guidance of around 7% organic revenue growth and around 27.5% organic operating margin.For the third quarter ended June 30, the software company said recurring revenue increased 6.8%, reflecting Sage’s focus on driving recurring revenue growth through its Business Cloud segment.Software and software-related services revenue increased 7.7%, which Sage said was…

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This ‘flow battery’ could power green homes when the sun goes down and the wind stops blowing

“They report the discovery of a potentially cheap, organic molecule that can power a flow battery for years instead of days” writes Robert F for sciencemag.org. Now, researchers have made an advance with a flow battery, the type of battery being developed to soak up enough excess wind and solar power to fuel whole cities. Source: sciencemag.org Share This:

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Nestle profit jumps, beating forecasts

“Net profit for the period was 5.8 billion Swiss francs ($5.84 billion), compared with CHF4.9 billion the previous year” writes Anthony Shevlin for marketwatch.com. Nestle backed its 2018 view and sees organic sales growth of between 2% and 4%, expecting restructuring costs of CHF700 million.Nestle SA (NESN.EB) said Tuesday that net profit in the first half rose on income from disposals, lower taxes and improved operating performance.Analysts expected net profit of CHF4.59 billion.North American organic growth was 1.0%. Source: marketwatch.com Share This:

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I shopped at Thrive Market, the online grocery store that sells organic foods for up to 50% off year-round — and I saved over $100 on my first order

“This concern of healthy foods being somewhat inaccessible through cost and education is something that the open-secret of a healthy grocery store, Thrive Market, is trying to address” writes Insider Picks for businessinsider.com. If you like online grocery shopping and like their selection, you’re probably a good candidate. Source: businessinsider.com Share This:

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Randstad profit jumps 27% as revenue growth soars

“Randstad NV (RAND.AE) said Tuesday that net profit jumped 27% in the second quarter on organic revenue growth that slowed from the previous quarter to 5%” writes Adria Calatayud for marketwatch.com. This compares with an organic growth of 7.4% in the previous quarter and of 9.3% in the year-earlier period. Analysts expected Randstad to deliver a net profit before amortization and one-off charges of EUR200 million on revenue of EUR6.05 billion, according to a consensus provided by the company.Net profit for the quarter ended June 30 was 193 million euros…

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The American clean beauty market is growing. Crop wants a piece of it

“But startups are now popping up overseas, eager for a share of the American clean beauty market” reports fastcompany.com. At Fast Company, we’ve been tracking the growth of the natural beauty industry, as brands like Beautycounter and Juice Beauty snag major funding to develop clean alternatives to skincare and cosmetic products.Today, Australian brand Crop launches with a range of high-quality products that are certified organic and non-toxic.Crop is founded by Charlie Denton, whose family has been in the beauty business for 35 years, creating products for other brands. Source: fastcompany.com Share…

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Telenor swings to profit but misses forecasts

“Telenor said net profit for the period totaled 2.65 billion Norwegian kroner ($326.9 million) from a loss of NOK167 million a year earlier” writes Dominic Chopping for marketwatch.com. Analysts polled by FactSet had expected net profit of NOK3.78 billion on revenue of NOK27.66 billion.Norwegian telecom provider Telenor A/S (TEL.OS) said Tuesday that it swung to a second-quarter net profit, but fell shy of forecasts, adding that it will continue to simplify its business and increase efficiency.The company still expects organic subscription and traffic revenue growth of between 1% and 2%…

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Yale undergrads created delicious, 90-calorie energy bars that contain same amount of caffeine as a shot of espresso — but won’t give you jitters or crashes

“The founders of Verb Energy haven’t even graduated yet, but they’ve already managed to crack the code for delicious, all-natural energy” writes Insider Picks for businessinsider.com. The Verb bites are a rarity — they do what they say, and are enjoyable to eat.It was clear they had to take it to scale once they rented a local bakery to make energy bars during its off-hours and still couldn’t keep up with demand. Source: businessinsider.com Share This:

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NASA ‘tasted’ complex organic compounds in a blast of water from one of Saturn’s moons — and can’t yet rule out the possibility that they’re from alien life

“A warm, salty ocean with organic molecules is no guarantee of alien life, of course” writes Dave Mosher for businessinsider.com. But this week, researchers announced the detection of long, messy strings of organic molecules that could be indicative of an environment in which alien life could thrive.Cassini’s instruments weren’t designed to analyze organic molecules for alien or non-alien origins, and the spacecraft is now gone.But the new study in Nature is far from definitive evidence of organic alien goop.Ancient asteroids that drift through space also harbor complex organic molecules, but…

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