Shake Shack Sinks 7% After Q1 Comps Disappoint
Shake Shack shareholders are losing their appetite for Shack stock and going on a selling spree in late Thursday trading. The reason for their uneasy stomachs? Shake Shack's first quarter earnings results, which included comparable store sales results that were significantly lower than expected.
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Sprint's Q4 Takeaways: Will The Magic Box Strategy Work?
Sprint published a relatively mixed set of Q4’16 results on May 3. While the carrier posted a slightly wider-than-expected loss amid a relatively lackluster postpaid phone performance and mounting competition, its revenues beat expectations, driven in part by stronger equipment sales.
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State Department Says America's Interest Is Business
Secretary of State Rex Tillerson just laid out the Trump adminsitration's foreign policy goals - and they are exactly what you should have expected.
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China Tries To Encircle India. It Won't Work
China’s unofficial agenda to encircle India won’t work. New Delhi and its allies—the US and Japan—won’t let it happen.
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Poverty Is Going Extinct But The Middle Class Is Still In Trouble
Poverty is going extinct, and the middle class is shrinking. The difference is most apparent in the US, where the middle class is different from all others.
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U.S. Adds 211,000 Jobs In April And Unemployment Rate Drops To 4.4%
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The employment recovery that began under President Barack Obama shows little sign of slowing down under his successor: new hiring data out Friday morning shows the U.S. economy added jobs for the 79th consecutive month, and that the unemployment rate has dropped to its lowest level in 10 years.
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2017 Will Be A Critical Year For Keytruda And Merck
Merck recently reported its Q1 2017 earnings, and while the results beat consensus estimates, the company’s stock didn’t move much because of concerns around Keytruda’s future growth.
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Activision Continues To See Solid Growth
Gaming giant Activision Blizzard carried the momentum of a stellar 2016 into the first quarter and posted better than expected results on May 4.
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Highlights From Berkshire's Annual Meeting: Wells Fargo's Mistake, A Whiff On Google And $96 Billion
The highlights from Berkshire Hathaway's annual shareholder meeting included discussion on Wells Fargo and Warren Buffett's missed opportunity in Google.
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Earnings Preview: What To Expect From Pandora On Monday
Pandora is expected to loss ($0.34)/share on $318.03 million in revenue. Meanwhile, the so-called Whisper number is ($0.31)
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