Economy


Active Volume Stock: Whole Foods Market, Inc. (NASDAQ:WFM) Active Volume Stock: Whole Foods Market, Inc. (NASDAQ:WFM)
- February 10, 2017

Earnings for the quarter dropped to of $ 95 million or $0.30 per share from $157 million or $0.47 per share past year. Operating income fell over 30% year-over-year, driven mainly by store closures, relocation and lease termination costs. (more...)
President Trump calls treatment of daughter by Seattle-based Nordstrom 'terrible' President Trump calls treatment of daughter by Seattle-based Nordstrom 'terrible'
- February 09, 2017

When Trump tweets negatively about a company, it usually means the company will see its value drop. So, the fact that the line was apparently being quietly phased out by department stores like Nordstrom and Neiman Marcus caught the attention of many. (more...)
Unfair that I bore the brunt for KP sacking: Alastair Cook Unfair that I bore the brunt for KP sacking: Alastair Cook
- February 09, 2017

Alastair Cook , already unique among England captains in that he has led in more Tests, and scored more runs, than any of the 78 other men who have done the job, achieved another rare feat. Last year, Cook also became the youngest player to pass 10,000 Test runs at the age of 31, five months and five days, and broke the record for most Test appearances by an England player. (more...)
Opec shrugs off threat of Trump's America cutting oil imports
- January 25, 2017

Comments from OPEC officials were generally supportive with claims that output had already been cut by 1.5mn bpd during January compared with a 1.8mn target and that Saudi Arabia's production is likely to be cut to below 10.00mn bpd during the month. (more...)
Qualcomm plunges 12% on word of Apple's $1 billion lawsuit
- January 25, 2017

But Apple says that Qualcomm withheld the rebates from it because Apple aided a South Korean inquiry against the firm; South Korea subsequently fined Qualcomm $850 million for its unfair patent licensing practices. Ohlhausen also said the complaint would undermine US intellectual property rights around the world. The latest reports tell us that Apple has filed a lawsuit for $1 billion against Qualcomm on Friday, last week. (more...)
Two-time Sprint Cup Series runner-up Carl Edwards is reportedly set to retire
- January 13, 2017

Edwards won four races at Texas, including last November's AAA Texas 500 to clinch a spot in the Monster Energy NASCAR Cup Series championship round, and had 13 top-10s in 24 career starts. Fox Sports first reported Edwards' decision. "There's not life raft I'm jumping on to", said Edwards, known for back flipping off his auto after a victory. (more...)