Month: February 2020

A Wayfair employee works at his desk at the Boston headquarters of Wayfair on July 31, 2018. Suzanne Kreiter | Boston Globe | Getty Images Wayfair‘s stock tanked Friday morning, after the online furniture retailer’s losses widened more than expected during the holiday quarter. Its shares were recently down more than 15% in premarket trading.
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A staff member displays a burger with a Beyond Meat plant-based patty at VeggieWorld fair in Beijing, China November 8, 2019. Jason Lee | Reuters Beyond Meat on Thursday reported quarterly revenue that topped analysts’ expectations but disappointed investors by falling shy of reporting a second profitable quarter. Shares of the company fell 6% in
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A view of a Best Buy retail store on August 29, 2019 in San Bruno, California. Justin Sullivan | Getty Images Best Buy on Thursday reported fourth-quarter results that exceeded analysts’ expectations, driven by strong sales of headphones, appliances and other items over the holidays. Shares were down more than 2% amid rising market worries
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A woman shops for clothing at the JC Penney store in the Roosevelt Field Mall in Garden City, New York. Saul Martinez | Bloomberg | Getty Images J.C. Penney‘s fourth-quarter earnings on Thursday topped analysts’ expectations, despite steep sales declines during the holiday season. While CEO Jill Soltau said she has been encouraged by Penney’s
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During tax season, people have a lot on their minds, like tax forms, numbers and that looming April 15 deadline. One thing many aren’t thinking about is the opportunity that refunds present to ramp up their emergency savings. About 72% of Americans received a refund on their taxes in 2019. This extra jolt of cash
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Jack Dorsey, chief executive officer of Square Inc., second right, tours the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Thursday, Nov. 19, 2015.  Yana Paskova | Bloomberg | Getty Images Square beat market expectation for quarterly profit on Wednesday, as the payments processor earned more from its subscription and
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Pedestrians walk past a Victoria’s Secret store, a subsidiary of L Brands, in New York. Craig Warga | Bloomberg | Getty Images L Brands reported earnings and sales for the holiday quarter that topped analysts’ expectations, as it prepares to take its Victoria’s Secret lingerie business private. Its shares were relatively unchanged in after-hours trading
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Chamath Palihapitiya Heidi Gutman | CNBC Billionaires should be grateful for their good fortune and stop being so sensitive to public criticism and name-calling by politicians, tech billionaire Chamath Palihapitiya said Wednesday. In a heated billionaire-versus-billionaire debate with former hedge fund manager Leon Cooperman, Palihapitiya said that being demonized or labeled “out of touch” is a
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Lowe’s on Wednesday reported mixed fourth-quarter results, with sales weaker than expected, and provided a disappointing forecast. Share prices rose 1.4% in premarket trading. Here’s what Lowe’s reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: 94 cents, adjusted vs. 91 cents expected Revenue: $16.03
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A view of atmosphere at the launch of SmileDirectClub’s Smile Kit at Macy’s Roosevelt Field Mall on June 30, 2018 in Garden City, New York. Gary Gershoff | Getty Images SmileDirectClub said on Tuesday it is looking at a “controlled growth” in 2020 after the online dental company posted a bigger-than-expected loss as it spent
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Baseball, known locally as yakyuu (or literally “field ball”), is a national phenomenon in Japan. Masaoka Shiki, one of Japan’s four great haiku masters, wrote several poems praising it. Osaka’s most infamous urban legend centers around it. It’s even more popular than the nation’s native sumo. According to data published by Japan’s Central Research Services
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Virgin Galactic’s spacecraft Unity flies to its new home in at Spaceport America in New Mexico on Feb. 13, 2020. Virgin Galactic Virgin Galactic reported a larger-than-anticipated loss when it reported fourth-quarter results on Tuesday, although the interest from prospective customers in the company’s future spaceflights continued to climb. CEO George Whitesides told shareholders on
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Home Depot on Tuesday beat Wall Street’s earnings expectations for the fourth quarter, boosted by a strong holiday season and above average sales of appliances. The Atlanta-based home improvement retailer has been focused on integrating its brick-and-mortar stores and its online business. It’s in the middle of a three-year, $11 billion investment program. Home Depot
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Macy’s reported fourth-quarter earnings on Tuesday that outpaced expectations, helped by a boost from last-minute shoppers who lifted sales in the days leading up to Christmas. Shares climbed as much as 6% in premarket trading, before they dropped and opened flat. “Taken as a whole, 2019 did not play out as we intended for Macy’s,
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Historic England is the country’s official list keeper of the most historically and architecturally significant places in England — places such as monuments, shipwrecks and battlefields. And pubs. Earlier this month, the heritage organization updated 11 English pub listings to reflect their cultural heritage and national importance, with one receiving a coveted Grade I designation.
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