consumer

Skechers Down After Mixed Earnings Report

Skechers Down After Mixed Earnings Report

Skechers USA Inc (NYSE:SKX) shares fell more than 26% after the developer and marketer of footwear announced mixed financial results for the first quarter ended March 31, 2018. The company's sales grew 16.5 percent as a result of a 17.9 per..

Several Cryptocurrencies Exchanges Got Punishment Notices from Japanese Authorities

Several Cryptocurrencies Exchanges Got Punishment Notices from Japanese Authorities

Japan’s financial regulator – Financial Service Agency, issued some administrative punishment notices on Thursday on some cryptocurrencies exchanges after the $530 million theft of digital money happened in January to enhance the consume..

Ralph Lauren’s Profit Beat Forecasts

Ralph Lauren’s Profit Beat Forecasts

On Thursday, Ralph Lauren (NYSE: RL) reported quarterly revenue and profit that beat Wall Street predictions following sales of their high end clothing at full price as well as keeping a close eye on costs which brought shares up more than 5%. The c..

Amazon Introduces Amazon Key

Amazon Introduces Amazon Key

Amazon.com, Inc.’s (NASDAQ: AMZN) new system called Amazon Key will have the ability to drop off packages directly into shoppers’ homes where users can use a lock and camera controls to allow delivery associates to bring in goods in..

Wells Fargo shares fall 3% after Q3 earnings

Wells Fargo shares fall 3% after Q3 earnings

Wells Fargo & Co. (NYSE: WFC) reported its third quarter earnings for fiscal year 2017. The bank missed estimates for revenue, which, along with the massive consumer scandal expenses, sent shares down over 3 percent on Friday.The bank repor..

Citi Beats on Third-Quarter Financial Results

Citi Beats on Third-Quarter Financial Results

On Thursday, Citigroup Inc (NYSE: C) announced its financial results for the third quarter of 2017. Both earnings and revenue beat previous estimates.According to the company, revenue increased 2% from $17.8 billion for the same period last year to ..

Wells Fargo Found Additional 1.4 Million Potentially Unauthorized Accounts

Wells Fargo Found Additional 1.4 Million Potentially Unauthorized Accounts

On Thursday, Wells Fargo & Co (NYSE: WFC), the third-largest U.S. bank, said that they found 1.4 million more unauthorized accounts than the bank originally estimated. Shares of the company was down 0.34% to $51.17 per share after the markets op..