The Good News and Bad News From MannKind's Q4 Results
by Keith Speights on February 25, 2020 at 6:00 pm
The biotech met or exceeded Wall Street expectations in Q4. But its top and bottom lines are headed in the wrong direction. Keith Speights. (TMFFishBiz). Feb 25, 2020 at 1:00PM. Author Bio. Keith began writing for the Fool in 2012 and focuses primarily on ...
Why Lumber Liquidators Stock Rose Today
by Jeremy Bowman on February 25, 2020 at 5:58 pm
Shares of Lumber Liquidators Holdings (NYSE: LL) were stacking higher today after the flooring specialist turned in a better-than-expected fourth-quarter earnings report. Profits surged as the company benefited from retroactive tariff relief and from lapping ...
Tupperware shares crater 43% to record low after profit warnings and news of Mexico accounting probe
by Ciara Linnane on February 25, 2020 at 5:57 pm
Food storage company issues profit warning and says it's seeking covenant relief from creditors of $650 million of debt. Getty Images. By. CiaraLinnane. Corporate news editor. Shares of Tupperware Inc. tumbled to a record low on Tuesday, after the maker of ...
Africa e-tailer Jumia reports first full-year results post NYSE IPO
on February 25, 2020 at 5:47 pm
Pan-African e-commerce company Jumia got into the black (by a small amount) on its gross profit vs. fulfillment expenses, expanded financial services and still posted losses. The online sales company, with an operations center in China, also anticipates ...
Housing market strength underpins Home Depot's holiday-quarter results
on February 25, 2020 at 5:43 pm
Adds details, analyst comment; updates shares. Feb 25 (Reuters) - Home Depot Inc HD.N benefited from a solid U.S. housing market and higher job growth that led consumers to spend more at its stores in the holiday shopping quarter, helping the home ...
RBC Snags $1.8B Merrill Lynch Team
by Ben Nelms on February 25, 2020 at 5:42 pm
RBC Wealth Management—U.S. just notched another big recruiting win. Newsletter Sign-up. SIGN UP. Advisor Center. Barron's scans the world's major publications each day to find news that helps financial advisors serve their clients better. The brokerage, a ...
Barclays Probe Signals 'Governance Weakness,' Activist Investor Says
by Simon Clark on February 25, 2020 at 5:32 pm
LONDON—The investigation by U.K. regulators of the professional relationship between Barclays PLC Chief Executive Jes Staley and Jeffrey Epstein, the late financier and convicted sex offender, shows there is “governance weakness” at the British bank, ...
39 States Investigating Juul's Marketing of Vaping Products
on February 25, 2020 at 5:29 pm
HARTFORD, Conn. — Investigators from 39 states will look into the marketing and sales of vaping products by Juul Labs, including whether the company targeted youths and made misleading claims about nicotine content in its devices, officials announced ...
GRAINS-Soybeans bounce, corn stabilizes after Monday's coronavirus crash
by Karl Plume on February 25, 2020 at 5:24 pm
... * Soybeans, corn firm after Monday's sharp falls. * Coronavirus, lack of China buying still a concern. * Warm winter, weaker rouble burden wheat (Rewrites throughout with U.S. market open, adds quote, updates prices, changes byline, changes dateline ...
JP Morgan Chase — the oil industry's bank of choice — to withdraw support for some fossil fuels
by Rachel Koning Beals on February 25, 2020 at 5:21 pm
JP Morgan Chase & Co. will end or phase out loans to some fossil-fuel interests, namely Arctic drilling and coal mining, but the ongoing funding of major oil firms by the world's largest financier of fossil fuels still chafes environmentalists and shareholder ...
The label says 'GLUTEN FREE.' It's not. That's why it's been recalled nationwide
by David J. Neal on February 25, 2020 at 5:19 pm
A packaging error caused a nationwide food allergy recall of Sierra Soups Pasta e Fagioli soup mix in 13-ounce packages, the Fresno, California, company has announced. The company-written, FDA-posted recall notice on Monday said “a breakdown in the ...
Tesla's valuation needs to be more 'grounded' to profit, analyst says
by Claudia Assis on February 25, 2020 at 5:15 pm
Jefferies analysts on Tuesday cut their ratings on Tesla Inc. stock to hold, saying they needed more visibility into the company's potential profit and its planned “battery day.” The analysts raised their price target on Tesla TSLA, -3.81% shares to $800 from $600 ...
Daily Crunch: Amazon opens its first cashier-less grocery store
on February 25, 2020 at 5:15 pm
Amazon expands its Just Walk Out technology beyond convenience stores, Intuit acquires Credit Karma in its biggest acquisition ever and Grab raises hundreds of millions of dollars. Here's your Daily Crunch for February 25, 2020. 1. Amazon opens its first ...
Officers step in and buy cookies from Girl Scouts after crook steals their money
on February 25, 2020 at 5:11 pm
COBB COUNTY — Sometimes little gestures make a big difference. A local police department is being thanked by its community for the simple, but meaningful gesture some officers did for children. Cobb County police officers were called to a Kroger grocery ...
Why Disney Chose Impossible Foods Over Beyond Meat
by Rich Duprey on February 25, 2020 at 5:08 pm
It's a big world after all for faux meat maker Impossible Foods, which just announced Disney (NYSE: DIS) had selected its meat alternatives as the "preferred" plant-based burger for its menus. This doesn't automatically mean restaurant chefs at Walt Disney ...
Shake Shack says Chick'n Bites weighed on results but analysts are concerned about the move to Grubhub
by Tonya Garcia on February 25, 2020 at 5:04 pm
Shake Shack Inc. SHAK, -13.35% said adding Chick'n Bites, its version of chicken nuggets, to the core menu came with a headwind that eased at the back end of the year. In addition, it was the focus of the company's menu innovation for 2019, which Shake ...
Retailer hiring at five Alabama locations
by William Thornton on February 25, 2020 at 5:02 pm
A retailer is holding a job fair next Tuesday to hire at five locations in Alabama. Apparel and home décor retailer Gordmans is looking to fill positions in Birmingham, Gardendale, Talladega, Arab and Alexander City. Gordmans is part of the Stage community of ...
Earnings To The Rescue? HP, Macy's, Home Depot All Report Solid Results, Providing Lift
by JJ Kinahan on February 25, 2020 at 5:00 pm
Anyone hoping for a quick comeback from the worst session in two years could be in for disappointment. Things seem to be on more solid footing to start Tuesday amid a host of decent earnings news, but several stocks got downgraded and the virus showed ...
Cranberry-based teen retailer rue21 names interim CEO
on February 25, 2020 at 4:59 pm
Cranberry-based teen retailer rue21 has announced changes at the top. Michael Appel has returned to his consulting practice and will no longer serve as chairman of the board and CEO of r21 Holdings, Inc., the clothing chain's parent company. John Fleming ...
3 Stocks I'd Avoid at All Costs
by Rick Munarriz on February 25, 2020 at 4:55 pm
Virgin Galactic, HEXO, and Casper Sleep don't look like very promising investments, despite their ups and downs. Rick Munarriz. (TMFBreakerRick). Feb 25, 2020 at 11:55AM. Author Bio. Since 1995, Rick has been writing for The Motley Fool, where he's a ...