Chocolate bunnies are getting more expensive this year. How could this be so? Blame it on bad weather and the rising demand in Asia that are pushing up prices of cocoa, a vital ingredient in chocolate making. The milk chocolate index (yes this is a real thing), which tracks prices of…
Lego, the Danish toymaker posted a 25% jump in revenues and a 31% rise in net profits in 2015, thanks to a huge demand for its Star Wars, Ninjago and Disney Princess products. These three themed lines are big business. The company stated it sold more than 72 billion Lego bricks…
About half of Americans own stocks. They understand the secret to getting wealthy and financially healthy. The U.S. stock market has been on steroids. It’s gained about 200% since 2009. The rich (and many people in the middle class) have figured out that you can make money without getting off…
Apple’s stock closed down nearly 2 percent at about $100.73 Wednesday, a day after tumbling 2.51 percent. Shares of the tech giant briefly fell below $100 a share in afternoon trading. On Tuesday, Apple’s stock tumbled after the Japanese financial news service Nikkei reported that the company is expected to…
An alarming number of big U.S. stocks lost half their value in 2015. The declines come despite the fact that a broader U.S. market ended the year not far from where it started. What is sad is the worst stocks of 2015 include big-name companies like Macy’s, Michael Kors and gambling empire…
Today shares of Yahoo jumped 5.6 percent in after-hours trading on the back of a Wall Street Journal report that the troubled company’s board was mulling the sale of its core Internet business. It was reported by the WSJ that Yahoo’s board would hold a series of meetings starting this Wednesday…
Here are some of the top headliners before the Bell today: Williams-Sonoma earned 77 cents per share for its latest quarter, 5 cents above estimates, with the housewares retailer also reporting revenue that was very slightly above Street forecasts. Its current quarter outlook is below analyst estimates, as Williams-Sonoma battles…
U.S. stocks closed at more than 1 percent lower this Friday, pressured by a continued decline in oil prices and soft reports on the health of the consumer. On a whole, the major averages ended the week down more than 3.5 percent, their worst since the week ended August 21 and…
A half-dozen Fed speakers and a bit of fresh jobs data could create some waves for markets when bond traders return to their desks onThursday. One of the first up will be Fed Chair Janet Yellen, she’ll make welcoming remarks at a Fed conference on post-crisis monetary policy in Washington at 9:30…
If you’ve not been watching Shake Shack recently, they just topped earnings and revenue estimates on Thursday. The causal burger chain also raised its overall outlook and topped sky-high expectations for sales at established restaurants. They currently are reporting 12 cents per share in adjusted earnings, up from 3 cents. This means revenue…