22 August, 2017 by The TZ Newswire Staff Comments Off on DSW Delivers Its Best Comps in Two Years
DSW Delivers Its Best Comps in Two Years
DSW (NYSE: DSW) released better-than-expected second-quarter 2017 results on Tuesday morning, highlighting its first positive comparable-sales performance since 2015 and a big new share-repurchase program. DSW shares were up nearly 18% today, so let’s tighten our laces and get a closer look at how Designer Shoe Warehouse ended the first half, as well as what investors can expect from the footwear retailer going forward.
IMAGE SOURCE: DSW INC.
Fiscal Q2 2017*
22 August, 2017 by The TZ Newswire Staff Comments Off on Salesforce’s Marc Benioff details cloud giant’s push into A.I., dishes on secret client
Salesforce’s Marc Benioff details cloud giant’s push into A.I., dishes on secret client
Jim Cramer spoke with Salesforce Chairman and CEO Marc Benioff after earnings to hear about the cloud company’s progress.
22 August, 2017 by The TZ Newswire Staff Comments Off on Could the mortgage interest deduction get chopped after all?
Could the mortgage interest deduction get chopped after all?
The mortgage interest deduction is the annoying aunt of entitlements: once through the door it’s just impossible to get rid of. At least that used to be the conventional wisdom. Now the Trump administration is about to test it. According to unnamed real estate industry sources, federal officials and lawmakers are toying with the idea of capping the entitlement, which allows households to deduct mortgage payments from their income tax, at a loan amount of […]
22 August, 2017 by The TZ Newswire Staff Comments Off on 3 Top Dividend Stocks on Sale
3 Top Dividend Stocks on Sale
With the market still near all-time highs, finding quality dividend stocks that aren’t overpriced is a real challenge. One strategy is to look for a good company going through a rough patch, buy it at a low price, and lock in a nice dividend. This strategy isn’t without risk, but I’d argue it makes more sense than paying an arm and a leg for expensive dividend stocks.
22 August, 2017 by The TZ Newswire Staff Comments Off on Momo Slips Despite Beating Its Own Guidance
Momo Slips Despite Beating Its Own Guidance
One of this year’s biggest winners was one of Tuesday’s biggest losers after posting poorly received financial results. Shares of Momo (NASDAQ: MOMO) declined 20% on the day, but the stock is still trading 96% higher for all of 2017.
It was another period of heady growth for the Chinese video-centric social networking speedster. Revenue soared 215% to $312.2 million, fueled once again by the scintillating growth of its live video platform. Adjusted earnings roughly tripled to $73.8 million or $0.35 a share.
22 August, 2017 by The TZ Newswire Staff Comments Off on The owner of a Long Island home may have helped North Korea dodge sanctions: NBC
The owner of a Long Island home may have helped North Korea dodge sanctions: NBC
The seller of a Long Island home and his company may have helped North Korea evade sanctions, NBC News reports.
22 August, 2017 by The TZ Newswire Staff Comments Off on Alphabet, Inc. Wants to Make a Big Splash With Android Oreo
Alphabet, Inc. Wants to Make a Big Splash With Android Oreo
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) pulled out all the stops for the Android Oreo release. The unveiling of Android version 8.0 was scheduled in the middle of the “eclipse of the century,” and for the second time ever, the Android platform secured a brand-name license to go along with the new product. This time, snack foods giant Mondelez (NASDAQ: MDLZ) got the Oreo cookie brand into the game.
That kind of media blitz usually indicates that there’s something special going on. Is Android’s Oreo release really that big of a deal?