The slump contributed to a double-digit gap between the retailer and the broader market so far this year. Yet many of its peers, including Wal-Mart Target’s January swoon came after the company announced surprisingly weak results for the key holiday shopping period.
Day: February 11, 2017
Why Intercept Pharmaceuticals’ Latest News Caused the Stock to Jump
So when the companyannounced on Friday morning that it was making a significant change to its late-stage clinical study of obeticholic acid in treating NASH, investors were eager to find out what’s going on. Intercept’s phase 3 REGENERATE clinical trial initially had two co-primary endpoints: fibrosis improvement with no worsening of NASH and NASH resolution with no worsening of fibrosis.
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On Tuesday, the media giant announced a 5% year-over-year decline in attendance for its latest quarter, but it also announced that Star Wars Land will begin greeting sci-fi buffs of all ages come 2019. Incorporating the Star Wars franchise deeper into its gated attractions was inevitable after Disney acquired Lucasfilm and green-lit the production of several theatrical releases.
Apple’s iPhone 8 Could Represent a Major Break With the Past
In addition to being packed with new features, the company’s latest flagship iPhone might sport an unprecedented price and feature an earlier production ramp. Apple’s much-rumored iPhone 8 has long been expected to deliver major design changes and feature set improvements relative to the iPhone 7/7-Plus.
You’re Not Prepared for Your Death, And Neither Is Your Family
Most of you haven’t discussed your estate plan with your loved ones, which will only make things harder on everyone later on. Facing down your own mortality and diving into estate planning isn’t pleasant, but your family will be as unprepared for your death as you are if you don’t act.
Why Amazon.com Inc. Is Investing Billions in India
India is the world’s second most populous country, its biggest democracy, and its sixth-biggest economy. And now, it appears to be the next big prize for Amazon.com When Amazon spots a market opportunity, it goes all in after it.
Twitter’s Revenue is Already Starting to Decline
One of RBC Capital’s analysts, Mark Mahaney’s “bold predictions” for the year was that Twitter could post lower revenue than 2016, giving it a 30% chance. After Twitter reported its fourth quarter results, it looks like a lot more analysts could be jumping on board.
Why Chipotle Mexican Grill Could Be the Next Whole Foods
Comparable sales slumped 2.4%, driven by a 3.9% drop in transactions. Net income contracted, with gross margin slumping and operating costs rising.
A Potential $20 Billion Indication? 2 Must-Have Biotechs Taking on Alzheimer’s Disease
Alzheimer’s disease is a terrible illness which affects an estimated 5.4 million Americans today. Alzheimer’s is also the 6th leading cause of death nationally.
Here’s Why These Gold Stocks Popped in January
Climbing nearly 6% through January, the price of gold outpaced the meager gain — nearly 1% — of the S&P 500 . Unsurprisingly, many of the market’s largest gold stocks enjoyed double-digit gains, including Freeport-McMoRan Selling 1.1 million ounces of gold in fiscal 2016, Freeport-McMoRan has a strong presence in the gold market, but the company is also a major player in the copper market.
Here’s How Much the Average Senior Gets From Social Security Each Year
Though there are numerous possible channels of income available to senior citizens once they retire, Social Security can arguably be described as the most vital. According to data from the Social Security Administration , 61% of all seniors currently receiving benefits, as well as 71% of unmarried elderly beneficiaries, count on their Social Security benefits to comprise at least half of their monthly income.
30-Year vs. 15-Year Mortgage: Which Should I Pick?
The industry standard mortgage product in the United States is the 30-year fixed-rate mortgage, which is used by more than 85% of homebuyers. However, the 15-year fixed-rate mortgage has been gaining traction, as it can be a smart way to save thousands in interest charges over the term of your loan.
A 95-Year History of Maximum Capital Gains Tax Rates in 1 Chart
Don’t look now, America, but it’s time to don your thinking cap, grab your W-2s, and collect those 1099 forms, because it’s tax season! Between the beginning of this year and April 15, more than 150 million individual taxpayers are expected to file their 2016 income taxes, or at worst file for a six-month extension. For most Americans, tax time usually means a fat refund.
About half of Spokane households still have a landline phone – Sat, 11 Feb 2017 PST
Lee Ann Mauk has an old rotary dial wall phone that has been in her South Hill home for decades. Mauk said her landline was the only thing working in her house after the 2015 windstorm.
What Trump’s Tax Plan Could Mean for You
Donald Trump’s stunning election upset promises to bring major changes to the current tax structure in the U.S. Trump has pledged to stimulate the economy by lowering taxes across the board and spending money to overhaul the nation’s infrastructure. During his campaign, Trump outlined his plan for restructuring the current tax code to make it more streamlined and efficient.
Flu Death Rates Just Hit the Epidemic Threshold, but This Is the Real Shocker
It’s official: Flu season is in full swing. In fact, according to data from the Centers for Disease Control and Prevention, the number of positive influenza tests reported to the CDC have increased each week for about three consecutive months.
10 Frequently Asked IRA Questions
Individual retirement arrangements, or IRAs, are actively used by only about one-fifth of Americans. While many people have valid reasons for not using an IRA, like having a 401 at work, one of the most common reasons given for not contributing to an IRA is a lack of knowledge about this type of account.
Greece says will not accept ‘illogical’ demands in bailout review
Greek Prime Minister Alexis Tsipras said on Saturday he believed the country’s drawn-out bailout review would be completed positively but said Athens would not accept “illogical” demands by its lenders. “We are ready to discuss anything within the framework of the agreement and within reason, but not things beyond the framework of the agreement and beyond reason,” Tsipras told a meeting of his Syriza party.
Here’s Your Brain’s New User Manual For Uncertain Times
When we don’t know what’s going to happen, we tell ourselves stories about what might happen. And they often make us feel worse, not better.
What The Travel Ban Would Mean For Victims Of Human Trafficking
Trump’s orders could prevent trafficking victims in the U.S. from claiming the benefits they need to repair their lives. The president’s executive order barring citizens from seven Muslim-majority countries has caused a lot of chaos over the last two weeks.
4 reasons for concern buried in Friday’s booming jobs report
Pete Evans is the senior business writer for CBCNews.ca. Prior to coming to the CBC, he had stints at Report on Business, the Financial Post, the Toronto Star, Canadian Business Magazine and elsewhere.
WVIA expects $26 million from sale of broadcast spectrum
TV expects to receive nearly $26 million from the Federal Communications Commission-driven sale of its airwaves in a move the station said will have little impact on viewers but will help secure the future of public broadcasting in Northeastern Pennsylvania. WVIA disclosed the completed broadcast spectrum sale and announced it has entered a channel-sharing agreement with the parent company of the WNEP-TV on Friday after the FCC lifted a “quiet period” that prohibited the public broadcaster from even discussing its participation in the secretive auction process.
Mexico gets Trump’s trade ire. Japan and Germany, a pass
The focus on China is understandable: The U.S. trade deficit in goods with China is five times bigger than any other. The U.S. trade gap with Mexico , though, is smaller than the ones with Japan and Germany .
WNKU to be sold to Bible Broadcasting Corporation in $1.9 deal
On Tuesday The Northern Kentucky University Board of Regents voted to sell the non-commercial radio station to the Bible Broadcasting Corporation for $1.9 million. For over three decades, WNKU served the Cincinnati and Northern Kentucky area.
The SVP of international sales at Covert Media shares his take on the fest.
The police asked us if there was a problem. We said no. He then asked why we crossed the street when the light was red.
Berlin: Europe Studios Cheer Signs of Expanding China Quota
The country is predicted to add at least a dozen films to the quota, due to an expiring trade pact. Says one exec: “It’s really good news for the industry and more specifically for indie production.”
Berlin: Asia Brilliant Stars Awards to Celebrate Eastern Talent
Modeled after the longstanding European Shooting Stars talent platform, the event seeks to bring greater attention to established and emerging Asian actors, directors, producers and screenwriters. “Through Asi The Berlin festival is deepening its connections with the increasingly influential film industries of Asia through the launch of the inaugural Asia Brilliant Stars Awards.
WBGU-TV staying on UHF spectrum
Bowling Green State University said Friday that WBGU-TV, a public television station, will continue broadcasting in the UHF spectrum, but will be moving from channel 27 to channel 22 in the future.
Ready to file your 2016 taxes? Herea s a guide to credits, deadlines and more
The 2016 tax filing season has begun, with W-2s arriving in the mail and some confusion arising from news of a refund delay. While most people will be minimally impacted by changes this year, one of the biggest additions is aimed at helping low-income families.
6 things we learned from a new report on the economic power of the Asian community
Southern California’s Asian community wields significant economic power in the region, according to a new report from the Los Angeles County Economic Development Corp . The study reveals there are more than 1.4 million Asians living in Los Angeles County.