Domino’s, the biggest U.S. pizza delivery chain, reported slower same-store sales growth in the third quarter, sending its shares down 3 percent in premarket trade. The company’s comp-store sales growth at its own restaurants slumped to 8.4 percent from 13.8 percent a year earlier. Still, it beat the 6.6 percent rise expected by analysts polled
0 Comments
Health insurance is a very big topic for the 30-something clientele Roberge at Beyond Your Hammock serves. The questions he asks include: Have the premiums or coverage changed? Should you switch to a high-deductible plan? If you use a health savings account, does the company contribute to it, too? Roberge finds that clients often don’t
0 Comments
Citi reported a 3 percent year-over-year increase in global consumer banking revenue. In North America, retail banking revenue rose 12 percent, excluding mortgages. Citi cited “continued growth in loans and assets under management,” as well as higher interest rates. The bank’s international consumer business saw an 8 percent revenue increase, driven by higher loans and
0 Comments
China’s new digital barons are rising. One of its most ambitious global deal makers is falling. And a property mogul who likes to borrow heavily is on top. Xu Jiayin — an entrepreneur behind China Evergrande Group, one of the country’s most aggressive property developers — has become the country’s richest person, according to a
0 Comments
Check out the companies making headlines after the bell: Herbalife‘s stock rose about 1 percent in extended trading after an SEC filing showed that investor Carl Icahn boosted his stake in the company to 26 percent. In March, he reported a stake of about 24.5 percent. Juniper Networks‘s shares fell more than 2 percent after
0 Comments
Netflix, slated to report Monday after the bell, will report earnings per share of 33 cents, a penny higher than the Street’s consensus estimate, according to Estimize. And Netflix has a history of beating the Street, topping Street expectations 79 percent of the time, according to Estimize. MKM Partners analyst Rob Sanderson expects strong quarterly
0 Comments
You’re better off renting with a roommate than buying your first home alone in cities such as San Jose and San Francisco, California, and Austin, Texas, according to a recent report by online real estate site, Trulia. When conducting their analysis, Trulia assumed buyers would be taking on a 30-year fixed rate loan, front a
0 Comments
What if globally designed products could radically change how we work, produce and consume? Several examples across continents show the way we are producing and consuming goods could be improved by relying on globally shared digital resources, such as design, knowledge and software. Imagine a prosthetic hand designed by geographically dispersed communities of scientists, designers
0 Comments
Though jokes about the culture merger abound — images of drones delivering kale — analysts widely predict that Whole Foods will eventually deliver groceries ordered from a section of the Amazon site. A logistically simpler synergy would be for shoppers to order from a Whole Foods section of the Amazon site and then pick up
0 Comments
The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of General Electric. David Seaburg was a buyer of American Airlines. Steve Grasso was a buyer of Avis Budget Group. Guy Adami was a buyer of Target. Trader disclosure: On October 10, 2017, the following stocks and commodities
0 Comments
Andrew Harrer | Bloomberg | Getty Images Janet Yellen, chair of the U.S. Federal Reserve, center, talks to Mario Draghi, president of the European Central Bank (ECB), before the IMF governors’ group photo at the International Monetary Fund (IMF) and World Bank Group Spring Meetings in Washington, D.C. (File photo). The next global economic slowdown
0 Comments
A combination of historically low interest rates, an exceptionally long bull market and memories of the 2008 crash have encouraged some financial advisors to add alternative investments to their clients’ portfolios. The alternative investment industry has also made it easier by creating more and more products for retail investors over the past few years. “Traditionally,
0 Comments
Ramin Talaie | Corbis | Getty Images Delta Airlines planes taxi at Hartsfield-Jackson Atlanta International Airport in Atlanta, GA. Delta Air Lines on Wednesday posted third-quarter earnings and revenue that topped Wall Street expectations. The No. 2 U.S. airline reported adjusted earnings per share of $1.57, beating analysts’ expectations of $1.53 a share for a
0 Comments
BlackRock, the world’s largest asset manager, reported better-than-expected third-quarter results on Wednesday. Total assets under management rose 17 percent to nearly $6 trillion as net inflows easily beat Wall Street expectations. Here’s how the company’s results compare to Wall Street’s expectations: EPS: $5.92 per share vs $5.56 expected by a Thomson Reuters survey. Revenue: $3.233
0 Comments
While there’s been many gloomy forecasts for the bond market, not everyone agrees that they’ll definitely see significant losses as central banks reduce their bond-buying programs. Mike Bell, a global market strategist at JPMorgan Asset Management, told CNBC Monday that this monetary tightening creates a risk but believes that the recent economic recovery should be
0 Comments
Dallas Federal Reserve Bank President Robert Kaplan said on Tuesday that he will be assessing the progress of the U.S. economy toward full employment and looking for more signs of upward inflation as he weighs potential interest-rate hikes. “I intend to keep an open mind about removing accommodation in upcoming (Fed) meetings,” Kaplan said in
0 Comments