Yahoo has rolled out a restructure, leading to a number of layoffs of sales and partnerships roles. A Yahoo spokesperson called the moves “routine” decisions on team structure. The restructure is one of the first major moves made under new CEO Jim Lanzone and Yahoo’s new owners Apollo. A number of staffers have exited Yahoo in recent weeks as part of a business… Source link
Read More »Pending home sales slip in November amid hot housing market
The hot housing market may finally be cooling off a bit. Pending home sales, a leading indicator of the housing market’s health, missed expectations and fell in November. The National Association of Realtors’ (NAR) Pending Home Sales Index, which tracks the number of homes that are under contract to be sold, dropped 2.2% in November from October. Analysts expected a 0.8% increase in sales, according to Bloomberg consensus estimates. Pending sales slid 2.7% from the same month a year… Source link
Read More »Yahoo announces Julia Edwards as NSW sales director
Share Tweet Share Email Yahoo has promoted Julia Edwards to NSW sales director. Since joining Yahoo 18-months ago, Edwards has been instrumental in building the commercial success of Yahoo Creative Studios (formerly RYOT Studios) in her role as head of strategic solutions. She has been behind a number of campaigns using technology, including an immersive try-before-you-buy experience for BIG W’s Toy Mania, virtual santa campaign for Officeworks and bringing to life the Finding Our Heart… Source link
Read More »Best Target Black Friday deals: 24 sales you won’t want to miss
This story is part of Holiday Gift Guide 2021, our list of ideas, by topic, by recipient and by price, to help you discover the perfect gift.
Read More »Nvidia easily beats earnings expectations on strong gaming and data center sales
Nvidia CEO Jensen Huang. (MANDEL NGAN/AFP via Getty Images) Nvidia (NVDA) reported its Q3 earnings after the bell on Wednesday beating analysts’ predictions on the top and bottom line as revenue jumped 50% year-over-year. Here are the most important numbers from the report compared to what Wall Street was expecting from the company, as compiled by Bloomberg. Revenue: $7.1 billion versus $6.81 billion expected. Earnings per share: $1.17 versus $1.11 expected. Gaming revenue: $3.22 billion versus… Source link
Read More »Stock futures edge higher ahead of retail sales
Stock futures opened slightly higher Monday evening, with traders awaiting key new data on the state of the consumer. Contracts on each of the S&P 500, Dow and Nasdaq traded slightly in the green. Investors are set to receive monthly retail sales data from the Commerce Department Tuesday morning, which will help show how much momentum consumers had heading into the holiday shopping season. The print is expected to show retail sales rose by 1.5% in October compared to September, accelerating… Source link
Read More »Stocks rise as investors eye upbeat China data, await retail sales report
Stocks gained on Monday as investors monitored upbeat economic data out of China and awaited key retail sales and earnings results out from major U.S. companies later this week. The S&P 500, Dow and Nasdaq each opened higher. The Dow rose with shares of Boeing (BA) leading the way higher after the aircraft-maker’s head of commercial airplanes told Bloomberg he was “hopeful” that China would resume orders of the 737 Max soon following more than two years of grounding. Stronger-than-expected… Source link
Read More »Starbucks Q4 revenue, sales miss estimates but loyalty program use soars
Starbucks (SBUX) posted fiscal fourth-quarter earnings results that mostly missed Wall Street estimates, but the coffee giant reported a spike in active Starbucks reward members as the fast food industry leans into digital in an effort to boost sales and drive customer loyalty. Here’s what the Seattle-based company reported, compared to Wall Street estimates, according to a Bloomberg consensus estimates: Revenue: $8.1 billion versus $8.22 billion expected Adj. earnings per share (EPS): $1.00… Source link
Read More »Amazon Q3 results miss expectations as online sales slow after pandemic surge
Amazon (AMZN) reported third-quarter sales and earnings results that missed Wall Street’s estimates, reflecting a growth deceleration after the pandemic stoked a surge in online shopping last year and earlier in 2021. The company also flagged that it would see additional costs as a result of supply chain challenges in the fourth quarter. Shares dropped by more than 4% in late trading. Here were the main metrics from Amazon’s report, compared to consensus estimates compiled by Bloomberg:
Read More »Pending home sales take a dip in September
Housing activity in the U.S. kicked off the fall season slower than anticipated. Pending home sales, a leading indicator of the health of the housing market, fell in September, reversing an increase a month earlier. The National Association of Realtors’ (NAR) Pending Home Sales Index, which tracks the number of homes that are under contract to be sold, dropped 2.3% in September from August — a surprising dip. Analysts expected a 0.5% increase in sales, according to Bloomberg consensus… Source link
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