10 May, 2017 by The TZ Newswire Staff Comments Off on Crocs shares surge 17.6% as company outlines path to right-size the business
Crocs shares surge 17.6% as company outlines path to right-size the business
Crocs is reducing the number of its company-owned stores and discount channels, which could be a positive in the long run.
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10 May, 2017 by The TZ Newswire Staff Comments Off on Whole Foods Market is slated to report earnings after the bell
Whole Foods Market is slated to report earnings after the bell
The company is slated to report earnings of 37 cents a share on $3.73 billion in revenue, according to Thomson Reuters estimates.
10 May, 2017 by The TZ Newswire Staff Comments Off on Snap reports earnings for the first time as a public company after the bell
Snap reports earnings for the first time as a public company after the bell
Snap has not made great gains in the markets since its IPO, trading mostly below the high of $29.44 in its first week of trading.
10 May, 2017 by The TZ Newswire Staff Comments Off on NFIB Small Business Survey: Index Dips Again in April, Still High
NFIB Small Business Survey: Index Dips Again in April, Still High
The latest issue of the NFIB Small Business Economic Trends came out this morning. The headline number for April came in at 104.5, down 0.2 from the previous month’s 104.7. The index is at the 97th percentile in this series.
10 May, 2017 by The TZ Newswire Staff Comments Off on New Study Issues ‘Code Red’ on Canadian Housing Affordability
New Study Issues ‘Code Red’ on Canadian Housing Affordability
Shelter prices are so over-valued relative to income levels today, that saving just a 10% downpayment now takes 12 years on average, compared with just 5 years to save a 20% deposit twenty years ago.
10 May, 2017 by The TZ Newswire Staff Comments Off on Instacart is Making AmazonFresh Look Silly
Instacart is Making AmazonFresh Look Silly
Grocery delivery start-up Instacart is just half the age of Amazon.com‘s (NASDAQ: AMZN) rival service AmazonFresh, but it’s growing up fast.
10 May, 2017 by The TZ Newswire Staff Comments Off on Why SolarEdge Technologies Inc.’s Shares Popped 12% Today
Why SolarEdge Technologies Inc.’s Shares Popped 12% Today
Shares of solar supplier SolarEdge Technologies Inc (NASDAQ: SEDG) jumped as much as 12% on Wednesday after the company reported earnings. At 12:30 p.m. EDT shares had fallen slightly, but were still up 10.4% on the day.
Revenue fell 8.1% to $115.1 million and net income dropped 31.8% to $14.2 million, or $0.36 per share on a non-GAAP (generally accepted accounting principles) basis. Analysts were only expecting earnings of $0.30 per share and revenue of $114.2 million.
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