Lululemon expectations have improved so much that the upside opportunity has evaporated for investors, according to Citigroup. Despite solid holiday performance and “product newness” driving sales at the athletic apparel retailer, Citi analyst Paul Lejuez downgraded shares of Lululemon to neutral Tuesday. “We believe expectations are now elevated for a strong fourth quarter and continued […]
Read moreTechnology is fuelling a new wave of workplace sexual harassment, as social media provides intimate details of workers’ personal lives and systems deployed by some companies allow would-be stalkers to track their colleagues’ location in real time. The role of new technologies in enabling workplace sexual harassment emerged in readers’ responses to a Financial Times’ […]
Read moreShares of Weight Watchers rose more than 5 percent Tuesday after the company announced that music producer DJ Khaled will be its “social media ambassador” in 2018. Weight Watchers said Khaled will document his progress on social media as he completes the “WW Freestyle” weight-loss program. Khaled has a wide following on social media. As […]
Read moreGermany started enforcing on Monday a controversial hate speech law that carries hefty fines for social media companies that fail to quickly remove objectionable content. The three-month grace period fora law passed in June ended Monday, officially granting internet companies like Facebook, Twitter and YouTube-parent Google just a 24-hour window to remove offending posts. The […]
Read moreThe temperature may be frigid across much of the nation, yet home prices are sizzling and sellers are in the hot seat. Sales prices jumped 7 percent annually in November, according to a new report from CoreLogic. That is the third straight month at that pace, far higher than the price gains in the first […]
Read morePresident Donald Trump said Tuesday that sanctions on North Korea are “beginning to have a big impact” following news of proposed talks between Pyongyang and South Korea. “Perhaps that is good news, perhaps not — we will see!” Trump tweeted about the possible dialogue between the neighbors. Trump tweet: Sanctions and “other” pressures are beginning […]
Read moreAbbott shares rose 3.3 percent Tuesday after J.P. Morgan Chase upgraded the stock and raised its price target, citing growth potential from the company’s new products. The firm upgraded Abbott to overweight from neutral and raised its year-end price target to $65 from $60. Shares were at $58.98 in early trading Tuesday. Abbott could benefit […]
Read moreAmazon said on Tuesday that more consumers paid for Amazon Prime benefits in 2017 than any prior year. But the company still has not revealed just how many members use the subscription services. Amazon did reveal that 5 billion items were shipped to Prime customers. This is breaking news. Please check back for updates. Here’s […]
Read moreThe geographical nature of Iran’s ongoing anti-government protests is unique, analysts told CNBC on Tuesday. Nine people were reported to have been killed during protests on Monday night, bringing the death toll from the unrest to 21. The deputy provincial governor of Tehran said Tuesday that police had arrested more than 450 protestors over the […]
Read moreMaybe you sat too close to those ginormous stage speakers at a Jefferson Airplane concert back in the day. Or your earbuds have been turned up way too loud for far too long. Or you’re just growin’ old. Those are among the various reasons why tens of millions of people — including 15 percent of […]
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