Home Depot earnings q2 2018

Home Depot earnings q2 2018

Home Depot reaped the benefits of a warmer start to the summer, following a rocky spring season, and on Tuesday reported second-quarter earnings and sales that surpassed analysts’ expectations. The home improvement retailer also raised its outlook for both revenue and same-store sales for the full year, as the number of customer transactions jumped during […]

Dow posts 4-day losing streak as Turkey crisis continues to rattle investors

Dow posts 4-day losing streak as Turkey crisis continues to rattle investors

Stocks slipped on Monday as a financial crisis in Turkey that sent its currency tumbling last week worsened, dampening investor sentiment around the world. The Dow Jones Industrial Average fell 125.44 points to close at 25,187.70, with Goldman Sachs and J.P. Morgan Chase both falling more than 1 percent. The 30-stock index also posted its […]

How Insane Is Elon Musk’s $420 Valuation For Tesla?

How Insane Is Elon Musk’s $420 Valuation For Tesla?

This past week, Elon Musk tweeted that he was thinking of taking Tesla private at a price of $420 a share. That would be 18 percent more than $356, which is where Tesla’s stock closed last Friday. Is $420 an insane valuation? That depends. SpaceX, Tesla and The Boring Company founder Elon Musk speaks at […]

Disney Executives Talk ESPN Subscribers, Fox, and Streaming — The Motley Fool

There was a lot to like when Walt Disney (NYSE:DIS) reported its third-quarter financial results on Aug. 7. The company achieved solid year-over-year growth, though results missed analysts’ consensus estimates. Revenue increased 7% year over year, to $15.23 billion, driven by improved results in the company’s media networks, parks and resorts, and studio entertainment segments.  On […]

Blue Diamond Shopping Center Shooting Was ‘Domestic Dispute’

Blue Diamond Shopping Center Shooting Was ‘Domestic Dispute’

OFFICER INVOLVED SHOOTING: Witnesses say a security guard was fired & came back inside of ROSS at Blue Diamond & Valleyview & started shooting. I spoke exclusively with people who witnessed the shooting and aftermath… More details to come on @News3LV tune in pic.twitter.com/qWWie1wKhE — Gabby Hart (@GabbyNews3LV) August 12, 2018 On Saturday, August 11, […]

Airline employee steals plane from Seattle airport, crashes and dies

Airline employee steals plane from Seattle airport, crashes and dies

The 29-year-old ground service agent died, the Pierce County Sheriff’s Department said, without further identifying him. The 76-seat Horizon Air turboprop plane took off without authorization around 8 p.m. local time, with an unauthorized Horizon Air employee at the controls, airport officials tweeted. After flying and doing air stunts for about an hour, the plane […]

Tesla’s Unreal Stock Price Is the Peril of Elon

Tesla’s Unreal Stock Price Is the Peril of Elon

Aug. 10, 2018 5:17 p.m. ET It is not a bad time to remember that Elon Musk created two amazing companies—not counting his role in founding PayPal —in the form of his car company, Tesla, and his rocket company, SpaceX. He likely would not have achieved these successes if he weren’t a little crazy. One […]

Turkish Crisis Rattles Currency Markets; Dollar Hits One-Year High

Turkish Crisis Rattles Currency Markets; Dollar Hits One-Year High

The Turkish lira lost more than 10% Friday against the U.S. dollar, which rose to its strongest point in a year, as concerns about the health of Turkey’s financial system rippled through global markets. By early afternoon in Hong Kong on Friday, the dollar was at 6.21 lira, a fresh record low for the Turkish […]

Rite Aid and Albertsons Companies agree to terminate merger agreement

Rite Aid and Albertsons Companies agree to terminate merger agreement

(Reuters) – Drug store chain Rite Aid Corp and U.S. grocer Albertsons Companies Inc ABS.N agreed to terminate their merger agreement, the companies said on Wednesday, a little over 10 days after a shareholder advisory firm opposed the deal. Last month, Institutional Shareholder Services Inc (ISS) had said that Rite Aid investors should vote down […]

Crocs to close remaining manufacturing facilities; executive to resign

Crocs to close remaining manufacturing facilities; executive to resign

Crocs Inc. said that it’s closing all of its manufacturing facilities, and announced that its chief financial officer will resign. Crocs (CROX), based out of Niwot, Colorado, noted in a press release Tuesday that a facility in Mexico will shutter and there are plans to close one in Italy. It’s unclear what the future of […]