Business

In 2001, Seattle-based Brooks Running made a strategic decision to focus on only one category within sports retail, and the company never looked back, according to Chief Executive Jim Weber. That category was running. For the latest quarter, Brooks reported double-digit revenue growth, boosted by sales of the company’s shoes for avid runners, including Brooks’
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Apple fans may be miffed about the supply chain delays hitting the much-anticipated new iPhone X, but Apple investors don’t have much to worry about, according to a Wall Street analyst. “It’s certainly better than the alternative,” meaning lower demand, Andy Hargreaves, an analyst at KeyBanc, told CNBC’s Power Lunch on Friday. Pre-orders for Apple’s
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Wal-Mart may already be a giant, but it still has big ambitions for its food aisles. The big-box retailer announced Friday the addition of another private-label, called Sam’s Choice Italia. Under the nameplate, Wal-Mart will initially roll out 40 items, including Italian boxed dinners, gnocchi, risotto, sauces and salad dressings. The products can be purchased
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Speaking at the Future Investment Initiative in Riyadh, Saudi Arabia, Huffington described how stress and burnout were having an economic burden on countries, making reference to the U.S. as a prime example. “Stress and burnout are costing U.S. businesses $300 billion. It’s affecting, in a very deep way, health care and health care costs; because
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Intel raised its full-year outlook and reported quarterly earnings that easily topped analysts’ expectations on Thursday. Here’s how the company did compared with what Wall Street expected: Adjusted EPS: $1.01 vs. 80 cents expected, according to Thomson Reuters Overall revenue: $16.15 billion vs. $15.73 billion expected, according to Thomson Reuters Client computing revenue: $8.86 billion
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Shares of Buffalo Wild Wings jumped more than 16 percent in after-hours trading after the company posted higher-than-expected earnings for the third quarter. The restaurant chain also raised its earnings forecast for the year. It now expects 2017 EPS to be $4.85 to $5.15, compared with estimates of $4.41 a share. Buffalo Wild Wings posted
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EPS: $2.72 per share vs. $2.66 per share expected, according to Thomson Reuters. Revenue: $24.3 billion vs. $23.9 billion expected, according to Thomson Reuters. Two of Boeing’s businesses – Commercial Airplanes and Defense, Space & Security – saw declines in revenue – by 1 percent and 5 percent, respectively – compared to the same time
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Dutch health care technology company Philips said on Monday its core profits in the third quarter rose 12 percent to 532 million euros ($626.1 million), as strong growth in China pushed comparable sales up 4 percent. The profit increase was the result of savings and strong sales growth in China and other emerging markets. Sales
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