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L Brands' Q3 Guidance Highlights Brick-And-Mortar Troubles
Thursday, August 20, 2015 - 6:50am | 546L Brands Inc (NYSE: LB) announced weaker-than-expected guidance for the third quarter, which could point to the growing problems endured by most traditional retailers. The company, which owns Victoria's Secret, Pink, Bath & Body Works, La Senza and Henri Bendel, reported a second...
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Will iPhone Sales Decline If Subsidies Are Abandoned?
Wednesday, August 19, 2015 - 6:43am | 673Smartphone subsidies are becoming a thing of the past now that Sprint Corp (NYSE: S) has announced that it will stop offering two-year contracts. The shift comes after T-Mobile US Inc (NYSE: TMUS) successfully marketed its own contract-free service, but competition is not the only source of the...
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Nordstrom Succeeding In A Dying Brick-And-Mortar World
Friday, August 14, 2015 - 8:31am | 529Nordstrom, Inc. (NYSE: JWN) is trending up after closing down 0.78 percent on Thursday. The retailer was up nearly 5 percent in Friday's pre-market session, which could be attributed to the firm's updated guidance. Nordstrom raised its FY15 sales growth guidance from 7-9 percent to 8.5-...
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Were King's Q2 Results A Repeat Of Zynga?
Friday, August 14, 2015 - 7:12am | 571King Digital Entertainment PLC (NYSE: KING) is getting crushed like candy after reporting earnings this afternoon. The "Candy Crush Saga" producer reported a Q2 non-GAAP EPS of $0.49 versus the Street estimate of $0.43. The GAAP earnings figure was $0.38 per share. Sales arrived at $...
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5 Reasons Google Formed Alphabet
Tuesday, August 11, 2015 - 11:35am | 521Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) announced Monday that it plans to form a new company called Alphabet. The news has been met with a lot of praise, a little skepticism and a number of questions, but there may be a few key reasons why Google moved in this direction. 1. Liability Rob...
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Weekly Tech Highlights: Apple Music's Big Number, Tesla's Ups And Downs
Saturday, August 8, 2015 - 5:04pm | 713Earnings season may be slowing down, but there were still a number of tech companies reporting over the last week. However, the big winner of the week might have been Apple Inc. (NASDAQ: AAPL), which finally announced some official numbers for its music service. Apple Music Has 11 Million Trial...
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Can Nokia Exist If It Sells All Of Its Businesses?
Tuesday, August 4, 2015 - 2:42pm | 631Nokia Corporation (ADR) (NYSE: NOK) famously sold its handset business to Microsoft Corporation (NASDAQ: MSFT) for $7.52 billion. This week the company sold its mapping business to BMW Group, AUDI AG VORMALS AUDI (OTC: AUDVF) and Daimler AG (OTC: DDAIF). The three automakers reportedly paid $3....
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Windows 10 Not Likely To Slow Down The Internet After All
Tuesday, August 4, 2015 - 12:27pm | 460There were concerns that Microsoft Corporation (NASDAQ: MSFT) might slow down the Internet when it released Windows 10, which is available as a free upgrade to Windows 7 and Windows 8 users. Patrick Moorhead, president and principal analyst at Moor Insights & Strategy, has not seen any...
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Apple's New Siri Feature (That Google Had First) Could Be Popular, But Privacy Remains A Concern
Tuesday, August 4, 2015 - 8:15am | 803Apple Inc. (NASDAQ: AAPL) is reportedly developing a new voicemail service that will use Siri to transcribe messages. Analysts had positive reactions to the unconfirmed tidbit, but they also had a number of concerns. "I like it, but to be honest I thought they already had a tool like that...
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Apple's Q3 Was Huge, But Q1 Is The One To Watch
Sunday, August 2, 2015 - 10:13am | 705Analyst expectations were higher than ever for Apple Inc. (NASDAQ: AAPL), which reported its fiscal 2015 third quarter results on July 21. Global Equities Research analyst Trip Chowdhry was among the analysts who were impressed by the results, but he's even more excited for the first...
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Twitter's Stock Might Be 'Stuck For The Next Quarter Or Two'
Tuesday, July 28, 2015 - 2:05pm | 548Twitter Inc (NYSE: TWTR) is up nearly 4 percent on Tuesday, indicating that some investors might have hope for the company's second quarter results. Analysts and other industry watchers aren't nearly as optimistic. "The stock is so hated, it's probably stuck for the next...
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Weekly Tech Highlights: Apple's Record-Breaking Quarter, Amazon Is A 'Full-On Crusher' And GoPro's 'Very Good' Results
Friday, July 24, 2015 - 3:48pm | 804Earnings season kicked into full gear this week with Apple Inc. (NASDAQ: AAPL), GoPro Inc (NASDAQ: GPRO), Amazon.com, Inc. (NASDAQ: AMZN) and other tech giants reporting their quarterly results. Some set new records, but not all was well in the land of earnings. Apple Set More Records Apple set a...
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If Apple Doesn't Report 'Big Numbers' For Apple Watch, Will It Be A Disappointment?
Monday, July 20, 2015 - 5:02pm | 560Apple Inc. (NASDAQ: AAPL) is just one day away from reporting its fiscal 2015 third quarter results, and everyone on Wall Street wants to know the same thing: Will it be a quarter to remember? iPhone sales are expected to skyrocket, but investors might be looking for Apple to discuss its first...
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Ashley Madison Hacking Could Be One Of The 'Hottest Scandals Of All Time'
Monday, July 20, 2015 - 3:25pm | 687Ashley Madison is in the hot seat after customer data was stolen by hackers. Members of the site (which helps married individuals cheat on their spouses) could be exposed if hackers' demands are not met. According to CNNMoney, a hacker group called "Impact Team" has threatened to...
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Activision CEO Bobby Kotick, Others Reflect On The Life Of Nintendo President Satoru Iwata
Monday, July 13, 2015 - 3:48pm | 733Nintendo Co., Ltd (ADR) (OTC: NTDOY) President Satoru Iwata passed away last weekend from bile duct cancer. Numerous individuals, including Nintendo of America President and COO Reggie Fils-Aime, have taken a moment to reflect on the life of one of the video game industry's most prominent...