Share to facebook Share to twitter Share to linkedin Finish Line needs more than a faux-corner store and and a digital effort has delivered. Image: Author Finish Line has its struggles. A mall-based retailer – in a crowded space and previously focused on “just shoes” – Finish Line lost share for five years to the lifestyle merchandised
Month: April 2019
Tim Cook Andrew Burton | Getty Images When Apple reports second-quarter earnings on Tuesday after the bell, sales will be down from the same time last year. That’s according to Apple’s own guidance. Apple has been pummeled in the headlines all year. On January 2, Apple said that its critical holiday quarter revenue would be
Intel will report first-quarter earnings after the close of trading on Thursday. Executives will discuss the results with analysts at 5 p.m. Eastern time. Here are the key numbers to follow: Earnings: $0.87 per share as expected by analysts, excluding certain items, according to Refinitiv. Revenue: $16.02 billion as expected by analysts, according to Refinitiv.
Hotter-than-expected first quarter growth is likely to revive the debate within the Federal Reserve about the direction of policy, but Fed officials are likely to be content to stay on the sidelines for now, particularly with inflation so low. The economy grew at a surprising rate of 3.2% in the first quarter, well above the
Blackstone’s Joseph Zidle is warning investors earnings season could go awry. With almost half of S&P 500 companies reporting quarterly earnings so far, Zidle believes a lot could still go wrong. He lists an earnings setback as the most legitimate risk that would spark a correction. “We might see earnings growth at approximately zero for
Voters by Ages from the Census Department US Census A recent poll is bad news for Biden (76), Sanders (77), and even Trump (72) and very bad news in progress towards stamping out age-bigotry. More voters in a poll don’t want someone over 75 compared to other factors like being black, or gay, or a
As many tax readers are aware, in South Dakota v. Wayfair, 585 U.S. __ (2018), the U.S. Supreme Court upended the physical presence rule, meaning that states are no longer bound by a physical presence bright-line rule to impose tax collection obligations. (I explain the Wayfair case in more detail, here). In the wake of
Give mom something special for Mother’s Day this year. Primary Petals Our mothers do so much for us. But showing our love on Mother’s Day can often be a challenge. Buying a unique, outside-the-box gift is a great way to show her how thoughtful you are. Gifts for the home are particularly appreciated because they’re
An interview and Q&A with billionaire Private Equity titian and co-founder of The Carlyle Group, David Rubenstein. In this interview, David discusses his life, the skills needed to raise funds for a Private Equity fund and the future of the Private Equity industry. David also gives advice on how to succeed at your career and
“Avengers: Endgame” has done the impossible. In just five days, the Marvel film hauled in more than $1.2 billion at the global box office. This shatters the previous record for the highest weekend total of $641 million set by “Avengers: Infinity War” last year. This has never happened before and marks the fastest a film
Amazon is reporting its first-quarter earnings results on Thursday after the bell. Executives will discuss the results with analysts at 5:30 p.m. Eastern time. Here’s what analysts expect: EPS: $4.72, according to analysts surveyed by Refinitiv, vs. $3.27 last year Revenue: $59.7 billion, according to Refinitiv, vs. $51 billion a year ago AWS: $7.7 billion,
It still seems too good to be true. The stock market staged one of the swiftest rebounds in history amid an earnings slowdown and global economic deterioration, putting December’s pain completely in the rear-view mirror. However, one could argue the rally might have just been the decade-long bull run’s last hurrah as some macroeconomic risks
Traditional brick and mortar retailers Walmart and Target are a step ahead of Amazon in the delivery battleground: while Amazon is offering 1-day delivery Walmart and Target are already moving to same-day. That’s according to retail equity analyst John Zolidis. “It may be tempting to think that Amazon investing $800 million to move its Prime
Vote Elections Pixabay Spain is about to hold its most contested general elections in history. The Spanish President Pedro Sánchez called general elections last February after the Government’s defeat to approve the General State Budgets in the Congress. This Sunday 28, Spanish citizens will vote in a political scenario more fragmented than ever, although in
Teepee village in Panama Selina The explosive growth within hospitality startups has seen another boost this week with the announcement of $100 million raised for Selina—the ”experiential hospitality” startup that operates similar to the online Airbnb model, but with a greater emphasis on finding unused buildings in interesting locations and adapting them for short-term stays or co-working spaces. They also have an
An interview with the world’s richest person and founder/CEO of Amazon, Jeff Bezos. In this interview, Jeff discusses how and why he created Amazon and his life before Amazon. Jeff also talks about acquisitions, Blue Origin and gives advice on how to be successful in business.? Books on Jeff Bezos and his favourite books are
Karen Gillan in “Avengers: Endgame” Source: Null Only days ago, it seemed impossible that “Avengers: Endgame” could haul in even close to $300 million domestically during its opening weekend. Now, it seems inevitable. By Saturday, analysts had revised their estimates to suggest the film could track closer to $400 million in its debut. The film,
Sarah Whitten | CNBC Demand for Barbie dolls and toys based on “Jurassic World” and “Toy Story” led Mattel to a narrower-than-expected-loss during the first quarter. Shares of the toymaker skyrocketed as much as 14 percent after the closing bell Thursday. The results, which come just days after rival Hasbro reported a surprise profit, may
Check out the companies making headlines midday Friday: Ford — Ford jumped 9.73% after the car manufacturer reported better than expected first-quarter earnings on Thursday. Ford reported earnings of 44 cents per share, 17 cents higher than expected, and revenues of $37.24 billion, $160 million higher than expected. High demand for pickup trucks and SUVs
Chinese stocks have taken investors on a ride this year. Shanghai and Shenzhen have been the best performing global markets this year, with the Shanghai composite index rallying nearly 24% and the Shenzhen Component Index Fund ETF up over 34%. But the Chinese market tanked this week, with the Shanghai index — which was up
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