15 July, 2017 by The TZ Newswire Staff Comments Off on J.C. Penney’s Latest Turnaround Bet: Toy Shops
J.C. Penney’s Latest Turnaround Bet: Toy Shops
Since CEO Marvin Ellison took the reins at J.C. Penney (NYSE: JCP) two years ago, he has pushed the company into new lines of business in an attempt to boost sales even as mall traffic continues to decline. On Thursday, J.C. Penney officially announced the newest piece of this turnaround effort: opening toy shops in all of its stores.
Toy shops certainly won’t be a panacea for J.C. Penney’s problems. Nevertheless, they are a promising addition to the merchandise mix at J.C. Penney.
15 July, 2017 by The TZ Newswire Staff Comments Off on 3 Examples That Show How Common Core Is Destroying Math Education In America
3 Examples That Show How Common Core Is Destroying Math Education In America
15 July, 2017 by The TZ Newswire Staff Comments Off on Buying Cabela’s Still a Bad Idea for Bass Pro Shops
Buying Cabela’s Still a Bad Idea for Bass Pro Shops
It’s not too late for Bass Pro Shops to back out of its acquisition of Cabela’s (NYSE: CAB). Sure, it was a lengthy and expensive process getting the deal through the Federal Trade Commission approval process, and Cabela’s shareholders just approved the $5 billion merger, despite the purchase price dropping from the original $5.5 billion offer. While it might cost Bass Pro a pretty penny in breakup fees if it did back out now, it ultimately could be cheaper for the sporting goods retailer in the long run, rather than going forward and consummating the deal.
15 July, 2017 by The TZ Newswire Staff Comments Off on Is It Time for Netflix to Crack Down on Password Sharing?
Is It Time for Netflix to Crack Down on Password Sharing?
A recent poll found that more than one fifth of young adults in the U.S. who use video-streaming services do so on borrowed passwords. Password sharing, or the act of using someone else’s account for a streaming service like Netflix (NASDAQ: NFLX), has long been acknowledged by streaming services, but have generally been seen as a necessary cost. Netflix and its peers have often dismissed the act as immaterial, or not worth enforcing.
Image source: Netflix.
15 July, 2017 by The TZ Newswire Staff Comments Off on Applied OptoElectonics 500% One-Year Return: Everythng Investors Need to Know
Applied OptoElectonics 500% One-Year Return: Everythng Investors Need to Know
Since last summer, shares of Applied OptoElectronics (NASDAQ: AAOI) are up nearly 500% and nearly 200% since the start of 2017. Those numbers have drawn the attention of many investors, and while the stock could have more upside left in it, caution is a must after such an impressive run.
15 July, 2017 by The TZ Newswire Staff Comments Off on Italy Threatens EU With "Nuclear Option": Give 200,000 Migrants EU Visas, Sending Them North
Italy Threatens EU With "Nuclear Option": Give 200,000 Migrants EU Visas, Sending Them North
Two weeks after Italy reacted with anger to Austria’s deployment of troops and armored vehicles to the border between the two nations, while reactivating border controls at the Brenner Pass over concerns that Italy will be unable to handle the roughly 85,000 migrants and refugees who have entered the country so far in 2017, the Italian government has threatened to retaliate in way that assures an imminent migrant crisis as well as an escalation of tensions between the tw
15 July, 2017 by The TZ Newswire Staff Comments Off on A Bearish Citi Warns "Bigger Forces Are At Play", Pointing To Its ‘Chart Of The Week’
A Bearish Citi Warns "Bigger Forces Are At Play", Pointing To Its ‘Chart Of The Week’
Over the next three weeks, the investing world will shift its attention away from the endless chatter of central bankers and concerns about the state of the economy, and instead focus on second quarter earning season, which launched on Friday with results from the three biggest US banks which showed that chronically low volatility is anything but good for trading revenues (as Jamie Dimon made all too clear in a bizarre Friday rant).