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National Retail Foundation Expects Strong Holiday Spending from Consumers

National Retail Foundation Expects Strong Holiday Spending from Consumers

While it is not always easy to tell how stable the market is—and the US economy, overall—the National Retail Foundation says that consumers appear to feel pretty good about it.  The trade group says they predict... 
Gold on the Rise As Fed Approaches Policy Decision

Gold on the Rise As Fed Approaches Policy Decision

Earlier this week, gold futures made its second consecutive gain, extending its climb to what is now the highest price in the last seven days.  While this is certainly good news in many regards, traders are cautious... 
Sears and Kmart Planning More Store Closures by the End of the Year

Sears and Kmart Planning More Store Closures by the End of the Year

It has been quite a tough year for Sears—and its subsidiary, Kmart—as the company continues to announce the closure of more stores by the end of the year.  In fact, it has only been a few weeks since the company... 
Can Former Arby’s CEO Turn It Around For Papa John’s?

Can Former Arby’s CEO Turn It Around For Papa John’s?

After a somewhat frustrating year for the national pizza chain, Papa Johns is hoping that new leadership will help turn things around.   You may be aware that founder and former CEO John Schnatter was recently forced... 
Can PG&E Recover From A Pending Wildfire Jury Trial?

Can PG&E Recover From A Pending Wildfire Jury Trial?

Shares of utility company PG&E took quite a dip on Monday after a judge ruled that a jury can decide whether or not the company will be required to pay upwards of $18 billion in damages to victims of a recent wildfire, of... 
Amazon Investigating Supplier Foxconn For Child Labor Violations

Amazon Investigating Supplier Foxconn For Child Labor Violations

Amazon.com Inc. (NASDAQ: AMZN) is investigating reports that Foxconn has coerced children into working night shifts and overtime to produce Amazon Echo and Kindle devices in violation of Chinese labor laws. China Labor Watch has... 
Marie Callender’s and Perkins Parent Company Files Chapter 11 Bankruptcy; Will Close 19 Locations

Marie Callender’s and Perkins Parent Company Files Chapter 11 Bankruptcy; Will Close 19 Locations

Fans of the classic American diner and pie shop may soon have one fewer place to visit as Perkins & Marie Callender’s Holding LLC has recently filed for Chapter 11 bankruptcy.  The parent company of both Perkins... 
CVS Tops Expectations In First Quarter

CVS Tops Expectations In First Quarter

CVS Health (NYSE: CVS) has beat expectations for the first quarter of its fiscal year. Profit in the quarter rose to $1.94 billion, or $1.49 a share, compared with a loss of $2.56 billion, or a loss of $2.52 a share, in the same... 
Pfizer To Merge Off-Patent Business with Mylan

Pfizer To Merge Off-Patent Business with Mylan

Facing the loss of patent protection for a handful of blockbuster drugs, Pfizer has decided to merge with Mylan.   This will split Pfizer’s portfolio of no-longer-protected drugs off with Mylan’s generic... 
GM Closes Warren, Michigan Transmission Plant

GM Closes Warren, Michigan Transmission Plant

General Motors’ (NYSE: GM) Warren Transmission Operations plant in Warren, Michigan has officially closed. The now-shuttered facility first opened in 1941 and was purchased by GM in 1958. It has been under GM’s control ever since. According... 
Despite Topping Earnings Estimates, PayPal Revenue Falls Short

Despite Topping Earnings Estimates, PayPal Revenue Falls Short

Shares of digital payment system PayPal fell as much as 6 percent in after-hours trading after the payments website and mobile app missed Wall Street’s second-quarter revenue estimates and, as a result, lowered its full-year... 
Amazon Teaming With Realogy To Sell Homes

Amazon Teaming With Realogy To Sell Homes

Amazon.com Inc. (NASDAQ: AMZN) will be teaming up with Realogy Holdings Corp. (NYSE: RLGY), the largest residential real estate brokerage in the U.S., to match people up with new homes. The two companies will work together to... 
Microsoft Outperforms Analysts Estimates For the Quarter

Microsoft Outperforms Analysts Estimates For the Quarter

After a report that the company’s quarterly earnings and guidance are better than expected, Microsoft stock rose 2 percent.  Looking more closely at the numbers, Microsoft reported earnings of $1.37 per share, excluding... 
Johnson & Johnson Beats Expectations For 2nd Quarter

Johnson & Johnson Beats Expectations For 2nd Quarter

Johnson & Johnson (NYSE: JNJ) managed to beat expectations on both earnings and revenue for the second quarter of its fiscal year, despite facing a slew of investigations and lawsuits. The company reported net income of $5.61 billion,... 
DOJ Launches Criminal Investigation Of Johnson & Johnson

DOJ Launches Criminal Investigation Of Johnson & Johnson

The U.S. Justice Department has launched a criminal investigation into whether Johnson & Johnson (NYSE: JNJ) lied about the potential risks of cancer with its talcum powder products. A grand jury has been convened in Washington... 
Markets Down As Job Growth Soars

Markets Down As Job Growth Soars

The United States jobs market has a surprising June, adding 224,000 jobs to counter concerns of a sharp slowdown.  But while job growth is certainly a sign of good things to come, it did not have the same effect on the... 
Walmart Pushing to Catch Amazon, but Will the Investments Pay Off?

Walmart Pushing to Catch Amazon, but Will the Investments Pay Off?

Walmart has grown to be the largest retailer in the United States (and, essentially, the world) mostly on smart logistics.  For one, their warehouse-sized stores house thousands of products that make shopping a breeze... 
Boeing Establishes Fund For Those Affected By 737 Max Crashes

Boeing Establishes Fund For Those Affected By 737 Max Crashes

Boeing Co. (NYSE: BA) has created a $100 million fund to cover the needs of family and community members affected by two crashes involving the company’s 737 Max aircraft. Boeing said the fund will be used to support local governments... 
Nestle Rolls Out Edible Cookie Dough

Nestle Rolls Out Edible Cookie Dough

Nestle Toll House has created a new “edible cookie dough” that can be eaten right from the package. Nestle said that there is no cooking necessary to enjoy. It even contains an advisory on the side of the tub that says “DO... 
Eldorado Resorts Agrees To Acquire Caesars

Eldorado Resorts Agrees To Acquire Caesars

Eldorado Resorts Inc. (NASDAQ: ERI) has agreed to acquire Caesars Entertainment Corp. (NASDAQ: CZR) in a cash-and-stock deal valued at $17.3 billion. The new company will be called Caesars. According to the announcement, the company... 
US Factory Output Growing in the Face of Global Slowdown

US Factory Output Growing in the Face of Global Slowdown

The latest data shows that manufacturing output in the United States rose for the first time this year, mostly as a result of motor vehicle and parts production countering the noted decline in metals and aerospace equipment.  Motor... 
Terms Of Papa John’s Shaquille O’Neal Endorsement Deal Revealed

Terms Of Papa John’s Shaquille O’Neal Endorsement Deal Revealed

The terms of the deal that places Shaquille O’Neal in his new role as the face of Papa John’s have been disclosed by the company in a filing to the Securities and Exchange Commission. According to the filing, Papa John’s will... 
Raytheon, United Technologies Pursuing Merger

Raytheon, United Technologies Pursuing Merger

Massachusetts-based defense contractor Raytheon Co. (NYSE: RTN) and Connecticut-based aerospace company United Technologies Corp. (NYSE: UTX) have announced that they intend to merge. The two would form a new company, which... 
What is Behind La Croix’s Quick Decline?

What is Behind La Croix’s Quick Decline?

It was maybe not even a year ago that everyone was touting their favor for canned sparkling water company La Croix.  As a matter of fact, La Croix is often regarded as the definitive beverage of choice for the world’s... 
Huawei Files New Legal Action In Case Against U.S. Government

Huawei Files New Legal Action In Case Against U.S. Government

Chinese tech giant Huawei is challenging the constitutionality of a U.S. law that bans government agencies from buying the company’s equipment. Huawei is currently the No. 2 maker of smartphones and the biggest global maker of... 
Even On Some Slight Boosts Foot Locker Stock Falters

Even On Some Slight Boosts Foot Locker Stock Falters

Shares of Foot Locker fell almost 17 percent to close out the after the sneaker shop reported earnings and same-store sales did not meet expectations.  Same-store sales are particularly important as it is a crucial metric... 
Disney Offers Workers Tuition Assistance For Florida College

Disney Offers Workers Tuition Assistance For Florida College

Walt Disney Co. (NYSE: DIS) has added another institution to its program that gives employees the chance for an education without the financial burden. The company has added the University of Central Florida (UCF) to its Disney... 
Huawei Now Blacklisted In The U.S.

Huawei Now Blacklisted In The U.S.

Chinese telecoms giant Huawei has effectively been barred from the U.S. market. The U.S. Department of Commerce has placed the tech firm, along with 70 affiliates, on a trade blacklist. That means that none of the... 
Boston Beer Acquiring Dogfish Head For $300 Million

Boston Beer Acquiring Dogfish Head For $300 Million

Delaware-based Dogfish Head Holding Co. and The Boston Beer Co. (NYSE: SAM), the maker of Samuel Adams Boston Lager, have announced that both companies have agreed to a merger. The deal, valued at about $300 million in cash and... 
Amazon Report Shows Benefits To Small Businesses

Amazon Report Shows Benefits To Small Businesses

Amazon.com Inc. (NASDAQ: AMZN) has been eagerly publicizing the success of its third-party selling platform to show how it is honoring its commitment to helping small businesses grow. Now, its second annual “Small Business Impact... 
Alphabet Inc. Shares Fall After Revenue Miss

Alphabet Inc. Shares Fall After Revenue Miss

Alphabet Inc. (NASDAQ: GOOGL) missed expectations for the first quarter of 2019, sending shares lower in extended trading. The company’s shares fell about 7 percent after it reported revenue that fell below analyst estimates.... 
Kraft Heinz Brings In Miguel Patricio, of AB InBev To Replace CEO Bernardo

Kraft Heinz Brings In Miguel Patricio, of AB InBev To Replace CEO Bernardo

At the end of June, Kraft Heinz CEO Bernardo Hees, 49, is planning to step down in what has been the most significant move in the recent executive overhaul that started roughly four years ago. The plan, at least for now, is to... 
Amazon Wants To Reduce Delivery Times To Just One Day

Amazon Wants To Reduce Delivery Times To Just One Day

Amazon.com Inc. (NASDAQ: AMZN) has just announced a sweeping plan to reduce delivery times for its top customers from two days to just one. The program is expected to speed shipping times for Amazon Prime members worldwide. The... 
Lyft Pulls E-Bikes on Braking Concerns; Share Prices Fall

Lyft Pulls E-Bikes on Braking Concerns; Share Prices Fall

Lyft has made a lot of headway this year, but its latest foray into bike-sharing services is suffering a bit of a setback this week.  Unfortunately the Lyft-owned bike-sharing services Citi Bike, Capital Bikeshare, and...