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Shopify shares popped more than 25% in Tuesday morning trading after the Canadian e-commerce company posted better-than-expected revenue for the third quarter and gave an optimistic forecast for the holiday shopping season. Revenue: $2.16 billion vs. $2.12 billion expected by LSEGShopify said it expects revenue in the current quarter to grow at at a percentage in the mid- to high-twenties. That surpassed Wall Street's expectations of 22.8% for revenue growth, according to FactSet. Shopify sells software for merchants who run online businesses as well as services such as advertising and payment processing tools. Shopify shares are up about 45% year to date.
Persons: LSEG Shopify, FactSet, Gross, Harley Finkelstein, Vera Bradley, Hanes, Finkelstein, Jeff Hoffmeister Organizations: Walmart, Lionsgate Entertainment, Reebok, Nasdaq
A majority of Ace Hardware stores are located in neighborhoods. Courtesy Ace HardwareBarker is owner and operator of five Breed & Co Ace Hardware locations in the Austin, Texas, area. We count on people coming in everyday to buy a gift item from us.”This hybrid hardware-home goods-curio model is setting Ace Hardware stores apart. “They are essentially shareholders, they own the brand and the company,” said Kim Lefko, chief marketing officer of Ace Hardware. It just launched its first Ace-branded food product, a line of BBQ sauces, and a collection of Ace Hardware vintage-inspired clothing.
Persons: New York CNN — Mahin Barker, , Sherwin Williams, ” Neil Saunders, Hardware’s, today’s, Michael Brown, It’s, , Barker, ” Barker, we’ve, ” Brown, “ We’ve, Kim Lefko, Lefko, John Madden, Pat Summerall, Michael Wynn, Vera Bradley, ” Wynn, Wynn Organizations: New, New York CNN, Home Depot, Hardware, Ace Hardware, Globaldata, , NFL, Acon Investments, Sunshine Locations: New York, West Lake Hills, Austin , Texas, Brook , Illinois, Placer, remodels, Lake Hills, Chicago, Southern Florida, Florida
While we've been keeping tabs on the best Prime Day deals, we're seeing a handful of exceptions where rarely discounted products are dropping to incredible prices. The 12 best rare Prime Day deals ending soonDeal icon An icon in the shape of a lightning bolt. It rarely sees price drops, but right now it's down to only $17 in a rare deal for Prime Day. Help keep your pup cool anywhere with this dog bath that's 20% off during the second day of Prime Day. Prime Day officially lasts from July 11 to 12 — that means most of these deals will end tonight at 11:59 p.m. PT.
Persons: we've, Bowser's Fury, Vera Bradley Microfiber, Vera, Collar Organizations: Razer, Deal, Belkin, Amazon, Nintendo, Walmart, Bands Locations: Cha Kyusu, Birch
With Amazon Prime Day upon us, the flood of clothing deals makes all of us wonder which ones are actually worth spending on. We've collected the best Prime Day clothing deals for men, women, and children, so you can narrow down which discounts will help refresh your closet for less. For more Prime Day savings, check out our roundup of the best beauty deals to see what other exclusive sales we've found. Best Prime Day deals on athleisure and workout clothesAmazon carries an impressive array of performance wear from the top brands. On select sizes and colors, you can get up to 60% off, the lowest Prime Day price to date.
Persons: We've, Price Calvin Klein, Calvin Klein racerback, Grey Heather, Levi, Ellie, that'll, henley, it's, Martens, Steven Madden, Kenneth Cole, we've, Herschel, JW Pei, Vera Bradley Microfiber, Vera, Michael Kors Parker, Michael Kors Organizations: Amazon, Adidas, Prime, Amazon Deal, Chelsea, Columbia, Herschel Supply, Michael Kors Parker Stainless Steel Locations: Italy, Colombia
With Amazon Prime Day upon us, the flood of clothing deals makes all of us wonder which ones are actually worth spending on. We've collected the best Prime Day clothing deals for men, women, and children, so you can narrow down which discounts will help refresh your closet for less. For more Prime Day savings, check out our roundup of the best beauty deals to see what other exclusive sales we've found. Best Prime Day deals on athleisure and workout clothesAmazon carries an impressive array of performance wear from the top brands. On select sizes and colors, you can get up to 60% off, the lowest Prime Day price to date.
Persons: We've, Price Calvin Klein, Calvin Klein racerback, Grey Heather, Levi, Ellie, that'll, henley, it's, Martens, Steven Madden, Kenneth Cole, we've, Herschel, JW Pei, Vera Bradley Microfiber, Vera, Michael Kors Parker, Michael Kors Organizations: Amazon, Adidas, Prime, Amazon Deal, Chelsea, Columbia, Herschel Supply, Michael Kors Parker Stainless Steel Locations: Italy, Colombia
The seesaw-like tension between interest rates and stock prices should remain in play in the week ahead, as investors focus on comments from Federal Reserve Chairman Jerome Powell and the February employment report. There are few earnings in the week ahead, so economic data will likely be a main driver for stocks, along with the comments from Powell. The futures market is pricing in a high chance for a quarter point, or 25 basis point hike in March. Week ahead calendar Monday Earnings: WW International, ThredUp, Trip.com, Lordstown Motor, Ciena, Grindr 10:00 a.m. Initial claims 10:00 a.m. Fed Vice Chair for Supervision Michael Barr Friday Earnings: Embraer 8:30 a.m. Employment report 2:00 p.m. Federal budget
A department spokesperson confirmed Tuesday that Brinton is no longer the deputy assistant secretary of the Office of Spent Fuel and Waste Disposition but would not elaborate. “By law, the Department of Energy cannot comment further on personnel matters,” the spokesperson said in an email. NBC News has requested a copy of the warrant from the Las Vegas Metropolitan Police Department but has not received it yet. If convicted, Brinton could face five years in prison, a $10,000 fine or both, according to the complaint. Prior to joining the Energy Department, Brinton served as the vice president of advocacy and government affairs for The Trevor Project, a national LGBTQ youth suicide prevention and crisis intervention organization.
Markets could be volatile and in search of a catalyst in the week ahead, as investors consider year-end trades in the lull before the Federal Reserve's December 13-14 policy meeting. Stocks were higher in the past week, with the year's worst performing sectors, communications services and consumer discretionary companies, leading the gains. On the geopolitical front, Arone said investors will watch the Dec. 6 runoff election in Georgia's senate race . Week ahead calendar Monday Earnings: Sumo Logic , Gitlab 9:45 a.m. Services PMI 10:00 a.m. ISM services 10:00 a.m. Initial jobless claims 10:00 a.m. Quarterly services survey Friday 8:30 a.m. PPI 10:00 a.m. Consumer sentiment 10:00 a.m. Wholesale trade
It was 1982 in Fort Wayne, Indiana, and Patricia R. Miller was stopping by to introduce herself to new neighbor Barbara Bradley Baekgaard. “The Kappa [Kappa Gamma women’s sorority] house at Michigan State, they kind of brag that they started the company,” Baekgaard said. “We went through all kinds of names, but Barb’s mother’s name was Vera Bradley. Over the next several decades Vera Bradley expanded to bedding, tech and home accessories. Even as the women look back at 40 years of Vera Bradley, the brand is looking ahead and pushing the boundaries of its duffel-bag roots.
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