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Rob Kardashian's sock company didn't make a footprint

Rob Kardashian has sold his sock company, but he's keeping it in the family. The buyer is none other than his mom, Kris Jenner. Yahoo Finance's Adam Shapiro, Julie Hyman, Dan Roberts, and Brian Brenberg, executive vice president and chair of business and finance at The King's College, discuss.

  • Business
    Thomson Reuters StreetEvents

    Edited Transcript of OXM earnings conference call or presentation 12-Dec-18 9:30pm GMT

    If you look at what we're doing to our forecast for the fourth quarter, there is a piece of that wholesale and that's that sort of a softer replenishment business that we talked about hitting Lanier in the third quarter, and we're seeing some softer wholesale replenishment in the fourth quarter. And then on the comp piece, you really have to break it into the Tommy part and the Lilly part. And as you know we had a very aggressive high single-digit comp assumption built into the fourth quarter in our last forecast.

  • Business
    InvestorPlace

    Adobe Earnings: ADBE Stock Dropped Despite Q4 Earnings Beat

    Adobe earnings (NASDAQ:ADBE) were reported late in the day for the company’s latest period of its fiscal year and its earnings came in ahead of what analysts were calling for, yet ADBE stock fell on a weaker guidance than was expected. The Photoshop maker said that for its fourth quarter of the fiscal year, it brought in GAAP earnings of $1.37 per share, or a non-GAAP profit of $1.83 per share. The figure was stronger than the $1.88 per share that the Wall Street consensus estimate was calling for, according to data compiled by Thomson Reuters.

  • See what the IHS Markit Score report has to say about Ladder Capital Corp.
    Business
    Markit

    See what the IHS Markit Score report has to say about Ladder Capital Corp.

    NYSE:LADR Score: Negative (24) 1 day at current score. Downgraded from Positive on December 13th 2018 Summary This company ranked negatively compared to the Financials sector despite 2 positive IHS Markit Categories ETFs holding this stock are seeing positive inflows Bearish sentiment is low Economic output for the sector is expanding but at a slower rate Short interest | Positive Short interest is low for LADR with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices.

  • Business
    InvestorPlace

    Why Aurora Cannabis Stock Will Drop Back Under $5

    It’s been an exciting couple of weeks for the marijuana industry in general and Aurora Cannabis (NYSE:ACB) in particular. This week, Aurora announced a new acquisition in Mexico that sent ACB stock significantly higher. More generally, a huge strategic investment got speculators excited about marijuana stocks again after the recent decline.

  • Here is What Hedge Funds Think About SEI Investments Company (SEIC)
    Business
    Insider Monkey

    Here is What Hedge Funds Think About SEI Investments Company (SEIC)

    We're going to take a glance at the key hedge fund action regarding SEI Investments Company (NASDAQ:SEIC). Hedge fund activity in SEI Investments Company (NASDAQ:SEIC) Heading into the fourth quarter of 2018, a total of 24 of the hedge funds tracked by Insider Monkey held long positions in this stock, a change of 9% from the previous quarter. The graph below displays the number of hedge funds with bullish position in SEIC over the last 13 quarters.

  • GE spinning off 'internet-of-things' software into $1.2B company
    Business
    Yahoo Finance Video

    GE spinning off 'internet-of-things' software into $1.2B company

    General Electric just announced a $1.2 billion dollar plan, to spin off its "internet of things" business. Yahoo Finance’s Alexis Christoforous and Emily McCormick break down the details.

  • Asian shares jolted by weak Chinese data, growth risks
    Business
    Reuters

    Asian shares jolted by weak Chinese data, growth risks

    Asian shares tumbled on Friday after China reported a set of weak data, fanning fresh worries of a sharp slowdown in the world's second-biggest economy and leaving investors fretting over the wider impact of a yet unresolved Sino-U.S. trade dispute. Mainland China's benchmark Shanghai Composite (.SSEC) and the blue-chip CSI 300 declined 0.6 percent and 0.9 percent, respectively, and Hong Kong's Hang Seng (.HSI) tumbled 1.6 percent. China's November retail sales grew at the weakest pace since 2003 and industrial output rose the least in nearly three years as domestic demand softened further, underlining rising risks to the economy as Beijing works to defuse a trade dispute with the United States.

  • Options Traders Expect Huge Moves in Hess (HES) Stock
    Business
    Zacks

    Options Traders Expect Huge Moves in Hess (HES) Stock

    Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.

  • Business
    CNBC

    Tesla shares could surge nearly 27% as it becomes 'sustainably profitable,' Baird says

    Baird analyst Ben Kallo hikes his Tesla price target to $465, implying a 26.8 percent upside over the nest 12 months. "We believe the narrative will continue to change from 'TSLA will never make money' to 'TSLA can be sustainably profitable,'" Kallo says. Shares of electric car maker Tesla TSLA could jump sharply in the next year as the company starts making money more consistently, according to an analyst at Baird.

  • Business
    Thomson Reuters StreetEvents

    Edited Transcript of AVXL earnings conference call or presentation 12-Dec-18 9:30pm GMT

    Christopher U. Missling, Anavex Life Sciences Corp. - Chairman, President, CEO & Secretary [3] Thank you.

  • Why XPO Logistics Stock Just Dropped Another 20%
    Business
    Motley Fool

    Why XPO Logistics Stock Just Dropped Another 20%

    The news at transportation company XPO Logistics (NYSE: XPO) just went from bad to worse. After dropping 9.6% on Wednesday in response to an earnings warning, XPO shares were down another 20.4% as of 12:50 p.m. EST on Thursday as investors rushed for the exits, sent fleeing by a negative report from short-seller Spruce Point Capital. XPO Logistics' downhill roll accelerates.

  • Is Boot Barn (BOOT) a Great Value Stock Right Now?
    Business
    Zacks

    Is Boot Barn (BOOT) a Great Value Stock Right Now?

    Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.

  • Business
    Barrons.com

    Inflation Is Fading, so the Fed Will Raise Interest Rates Just 1 More Time

    Inflation is fading, which won’t deter the Federal Reserve from raising interest rates at its policy meeting on Dec. 18 and 19. If price pressures continue to be contained in 2019, however, the Federal Open Market Committee is likely to keep policy on hold next year, even with unemployment remaining at its lowest level in nearly two generations. This column suggested back in October that the uptick in inflation was topping out.

  • Costco margin dip overshadows sales beat, shares slide
    Business
    Reuters

    Costco margin dip overshadows sales beat, shares slide

    Costco Wholesale Corp's (COST.O) gross margins fell in the first quarter, as the warehouse operator paid higher wages, ramped up investments in its online business and cut prices amid intense competition in the grocery industry. Costco shares, which have gained 21.7 percent this year, were down 3.2 percent at $219.13 in extended trading on Thursday. Higher gas prices also pressured gross margins, leading to a 50 basis points drop to 10.75 percent in the first quarter ended Nov. 25.

  • IBD Stock Of The Day Addus Homecare Nears This Bullish Entry
    Business
    Investor's Business Daily

    IBD Stock Of The Day Addus Homecare Nears This Bullish Entry

    Addus Homecare is the IBD Stock Of The Day as the home-care service provider trades in a tight range after a breakout. That could provide investors with a chance to add shares in this top growth stock. In the stock market today, Addus stock dipped 0.8% to 75.07.

  • Victoria's Secret's edgier sister brand acquired by new owner
    Business
    American City Business Journals

    Victoria's Secret's edgier sister brand acquired by new owner

    L Brands Inc. is parting with La Senza. The Canada-born lingerie brand, bought by the Columbus-based retailer in 2007 for $609 million, is being acquired by an affiliate of Regent LP, a global private equity firm. The buyer will assume all of La Senza’s operating liabilities, but also could provide L Brands “future consideration” upon the sale or monetization of the brand, according to the release from L Brands.

  • Ralph Lauren Corporation (RL): Are Hedge Funds Right About This Stock?
    Business
    Insider Monkey

    Ralph Lauren Corporation (RL): Are Hedge Funds Right About This Stock?

    Before putting in our own effort and resources into finding a good investment, we can quickly utilize hedge fund expertise to give us a quick glimpse of whether that stock could make for a good addition to our portfolios. This year hedge funds' top 30 stock picks outperformed the S&P 500 Index by 4 percentage points through the middle of November. Thus, we can see that the tireless research and efforts of hedge funds to identify winning stocks can work to our advantage when we know how to use the data.

  • Undervalued Compass Minerals Can Overcome Challenges
    Business
    Morningstar

    Undervalued Compass Minerals Can Overcome Challenges

    The wide-moat salt producer has seen operational hiccups and the departure of its CEO, but production is unaffected and we expect a rebound.

  • Business
    MarketWatch

    10-year Treasury yield holds steady near 2.9%

    Treasury yields struggled for direction Thursday as traders digested remarks by European Central Bank President Mario Draghi. The 10-year Treasury note yield (BX:TMUBMUSD10Y) was up 0.4 basis point to 2.911%, while the 2-year note yield (BX:TMUBMUSD02Y) was down 1.2 basis points to 2.760%. The European Central Bank affirmed it will end bond purchases this year, promising not to raise rates until at least through the summer of next year.

  • Business
    Zacks

    5 High Yield Dividend Stocks That Gained More Than 30% in 2018

    The imposition of tariffs on Chinese goods by the U.S. administration and Beijing’s tit-for-tat actions are likely to mar U.S. GDP growth. Along with these factors, there is also an apprehension that the U.S. Federal Reserve will continue to hike interest rates next year. As such, it will be difficult for businesses to borrow from the market and will also lead to tight financial conditions.

  • Why Tilray Sank Today
    Business
    Motley Fool

    Why Tilray Sank Today

    The only news for the Canadian marijuana producer was the formation of an international advisory board to provide guidance on the company's global expansion strategy. The board includes an impressive list of former government leaders from Australia, Canada, Colombia, Germany, New Zealand, Portugal, and the U.S. The announcement of the international advisory board should have been viewed positively by most observers. So why did Tilray stock fall?

  • Business
    InvestorPlace

    Adial Pharmaceuticals News: ADIL Stock Is Skyrocketing Today

    The news from Adial Pharmaceuticals (NASDAQ:ADIL) has to do with the company’s AD04 asset. This is a drug from the company that is used to treat individuals suffering from alcohol use disorder. The good news for ADIL stock is that the company is considering expanding the use of AD04.

  • Why Top Offshore-Rig Stocks Fell More Than 15% in November
    Business
    Motley Fool

    Why Top Offshore-Rig Stocks Fell More Than 15% in November

    Shares of offshore oil and gas drilling-rig operators fell by double digits across the board in November, with share declines of at least 15% for all the major players in the space, according to data from S&P Global Market Intelligence. Ensco (NYSE: ESV) and master limited partnership Seadrill Partners (NYSE: SDLP) fared even worse, with share declines of 20.6% and 20.8%, respectively. The offshore oil-rig industry is still trying to regain its footing after years of underperformance.

  • Business
    Zacks

    Analysts Estimate BlackBerry (BB) to Report a Decline in Earnings: What to Look Out for

    Wall Street expects a year-over-year decline in earnings on lower revenues when BlackBerry (BB) reports results for the quarter ended November 2018. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on December 20.

  • Adobe Systems (ADBE) Q4 Earnings Miss Estimates
    Business
    Zacks

    Adobe Systems (ADBE) Q4 Earnings Miss Estimates

    Adobe Systems (ADBE) came out with quarterly earnings of $1.83 per share, missing the Zacks Consensus Estimate of $1.88 per share. This quarterly report represents an earnings surprise of -2.66%. Adobe, which belongs to the Zacks Computer - Software industry, posted revenues of $2.46 billion for the quarter ended November 2018, surpassing the Zacks Consensus Estimate by 1.64%.