Lululemon Drops 11% Following Q4, Annual Outlook

Shares of athletic apparel retailer Lululemon Athletica Inc. (LULU) are falling more than 11% Friday morning following fourth-quarter and full-year outlook. Looking forward, the company expects revenue to be in the range of $2.605 billion-$2.655 billion and earnings per share in the range of $4.20-$4.30 for the fourth quarter. Analysts […]

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Cryptos Rise, Bitcoin Above $17k

Cryptocurrencies gained more than 2.5 percent overnight, early on Friday, tracking Wall Street’s positive close on Thursday. The tech-dominated Nasdaq Composite Index’s closing gains of more than 1 percent bolstered crypto market sentiment ahead of key economic data releases as well as the Fed’s interest rate review due next week. […]

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Michael Saylor on Why Altcoins (Especially Ethereum) Are ‘Unregistered Securities’ and Should Be Shut Down by U.S. SEC

The latest comments about altcoins from Michael Saylor, Co-Founder and Executive Chairman at business intelligence software company MicroStrategy Inc. (Nasdaq: MSTR), makes U.S. SEC Chair Gary Gensler look quite crypto-friendly by comparison. This is because although Gesler has said on several occasions that Bitcoin is definitely a commodity while most altcoins […]

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Dollar General Falls As Q3 Results Miss Estimates, Outlook Cut

Shares of discount retailer Dollar General Corporation (DG) are falling more than 9% Thursday morning after the company’s third-quarter results missed analysts’ view. The company also cut its fourth-quarter earnings outlook citing greater-than-anticipated gross margin pressures. Dollar General reported net income of $526.2 million or $2.33 per share for the […]

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