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Meanwhile, Noodles & Company dropped despite what management called a "strong" quarter.
Stocks ended the week on a high note after U.S. Treasury Secretary Steven Mnuchin said he was "pleased" with progress made in recent trade talks with China. The S&P 500 (SNPINDEX:^GSPC) and the Dow Jones Industrial Average (DJINDICES:^DJI) posted gains of about 0.5%.
Tech stocks continued to outperform, driving the Technology Select Sector SPDR ETF (NYSEMKT:XLK) up 1.2%. Oil stocks dropped as the price of crude pulled back from a four-month high, leaving the SPDR S&P Oil & Gas Exploration & Production ETF (NYSEMKT:XOP) down 0.9%.
As for individual stocks, two in particular bucked the positive trend: Tesla (NASDAQ:TSLA) fell in the wake of unveiling its new Model Y crossover SUV, while Noodles & Company (NASDAQ:NDLS) slumped on earnings news.
Shares of Tesla declined 5% after the electric vehicle maker left analysts underwhelmed with last night's reveal of its new Model Y crossover SUV.
Around 10% larger than its Model 3 sedan, the Model Y will be priced between $39,000 and $60,000 (depending on your desired range and options), will accelerate from 0 to 60 in as little as 3.5 seconds, and comes with 66 cubic feet of storage space. CEO Elon Musk also boasted the Model Y was designed to be the world's s...
The problem? The planned event held no surprises for astute industry watchers. Worse yet, the long delivery time frame does little to ease investors' concerns over steadily increasing competition in the electric vehicle space.
Noodles & Company stock plunged 13.8% after the fast-casual restaurant chain announced disappointing fiscal fourth-quarter 2018 results.
Quarterly revenue rose 0.4% to $113.2 million, as a 4% increase in comparable-restaurant sales was partly offset by the impact of restaurant closures over the past year. That translated into adjusted net income of $0.5 million, or $0.01 per share, roughly flat from the year-ago period on a per-share basis. Analysts, on...
But CEO Dave Boennighausen called it a "strong" quarter, arguing the company's positive comparable sales are "further evidence that our strategic initiatives are working."
"We have maintained momentum into 2019," added Executive Chairman Paul Murphy, "with our initiatives continuing to drive positive comparable sales despite the historically severe weather that has hampered the majority of our major markets."
As such, Noodles & Company expects 2019 revenue of $462 million to $470 million, comparable-sales growth of 2% to 4%, and adjusted earnings per share of $0.06 to $0.15. Most analysts were modeling 2019 earnings of $0.13 per share on revenue of roughly $464 million.
Two months after the July 3 military coup the US-backed Egyptian junta is continuing its crackdown against all opposition, both from the Islamist Muslim Brotherhood (MB) and from the working class.
On Tuesday a Cairo court ordered Al-Jazeera Mubasher Misr and three other TV channels, Al-Yarmouk, Al-Quds and Ahrar 25 to shut down on charges of posing a threat to national security. Officials claimed that the channels were linked to Islamists and were reporting one-sidedly in favor of deposed Islamist president Moha...
In a statement published on Tuesday, Reporters Without Borders condemned the crackdown against journalists and media professionals since the coup. According to the report, Egyptian authorities have censored ten media channels and raided six offices. Five journalists were killed, 80 others arbitrarily arrested, and 40 a...
Security forces continue to round up the MB’s leadership. On Monday, special units detained Saad El-Husseini, the former governor of Kafr El-Sheikh, in a house in New Cairo. On Tuesday, Mostafa Isaa, a well-known MB leader and former governor of Minya was arrested.
The same day an Egyptian military court sentenced a Brotherhood member to life imprisonment while forty-eight others received sentences of between five to fifteen years. The defendants were accused of “shooting and adopting violent means” against the army in the port city of Suez on August 14, the day when the military...
Deposed president Mursi himself will be tried at a criminal court in Cairo on charges “of committing acts of violence and inciting killing and thuggery” alongside with other leading MB figures such as the MB’s Supreme Guide Mohamed al-Badie according to Egypt’s state news agency MENA.
On the Sinai, the army continued its so-called offensive against “terrorism.’’ On Tuesday it reportedly killed eight and injured 15 alleged Islamist militants in an air raid by four Apache attack helicopters.
The ultimate goal of the junta’s so-called “war against terrorism” is to silence and suppress any resistance against its attempts to restore the military-backed dictatorship that existed prior to the Egyptian revolution under the rule of former dictator Hosni Mubarak. Ultimately, the central target of the junta is the ...
There are increasing attacks on strikes and working class protests throughout Egypt. On August 17 a strike at the Scimitar Petroleum Company was violently dispersed.
In recent days the military has deployed APC’s around the Misr Textile Company in Mahalla, where thousands of workers were on strike last week.
Recently, the New York Times published an article by David D. Kirkpatrick titled “Egypt Widens Crackdown and Meaning of ‘Islamist’’’ which gives a glimpse of the apparatus of terror and fear which is being reinstalled in Egypt.
The most fervent supporters of these plans to put an end to all protests and strikes are amongst the left and liberal affluent middle class layers and their political organizations. They first collaborated with Sawiris and the Tamarod campaign and now stand ready to actively suppress the working class.
Kamal Abu Eita, the new Egyptian minister of manpower and former leader of the Egyptian Federation of Independent Trade Unions (EFITU), combined his entry into the military backed government with demand that workers end all strikes and become “champions of production.” When the military put down the Suez Steel strike, ...
Reflecting the class interests of an affluent middle class layer whose interests are bound up with those of imperialism and international finance capital, they are backing a military dictatorship to shield them from the threat of a socialist revolution in Egypt.
Greg Mikaelian has re-joined Acer as general manager of channels and marketing locally, exiting his role as region sales manager of OKI Data across Oceania in the process.
Oki Data Australia and New Zealand confirmed with ARN that Mikaelian left the vendor a month ago, and is currently recruiting for a replacement.
The move marks Mikaelian's second stint at Acer, having previously worked for the hardware vendor for 13 years between 1997 and 2010. He left in July 2010 when he was general manager for channel sales Australia.
At the time, Anthony Vita, who is now HP's alliance business manager, replaced Mikaelian.
Mikaelian helped with the design and built of a $600 million multi-tiered channel based vendor business, according to his LinkedIn profile - he was in charge of up to three managers, 12 direct staff and more than 50 indirect staff.
In January 2011, after briefly joining MSI Corporate, he joined Oki Data A/NZ where he spent the last seven years. Mikaelian helped the Printing vendor launch the Channel One Incentive and Rewards program in 2014.
“Over the next 12 months we plan to go on a strong recruitment drive and build a premier channel to support this expansion,” he said at the time.
As Acer's general manager for channels and marketing, Mikaelian will be responsible for managing SMB (small and medium business) channel and distribution.
Special Counsel Robert Mueller on Friday evening delivered a report to attorney general William Barr detailing his nearly two-year investigation into Russian interference in the 2016 election and possible collusion with the Trump campaign.
Barr will now be tasked with deciding what information from the report will be made available to Congress and what will subsequently be shared with the public.
“I may be in a position to advise you of the special counsel’s principal conclusions as soon as this weekend,” Barr wrote in a letter to the leadership of the House and Senate Judiciary Committees obtained by the Associated Press.
White House Press Secretary Sarah Huckabee Sanders announced shortly after the report was delivered to Barr that no White House officials had yet examined it.
In a statement released Friday evening, Senate minority leader Chuck Schumer and House speaker Nancy Pelosi called on Barr to make the report available to Congress immediately and warned him not to give the White House a “sneak preview” before doing so.
“It is imperative for Mr. Barr to make the full report public and provide its underlying documentation and findings to Congress,” the statement read.
Mueller’s investigation, which began in May 2017, yielded substantial evidence of an extensive Russian influence operation designed to sway the election in Trump’s favor, but the special counsel had not, as of the report’s delivery to Barr, produced any evidence that anyone associated with the campaign assisted in that...
Several dozen Russian entities and individuals, who cannot be extradited to the U.S., were indicted in a mostly symbolic gesture for their role in hacking the Democratic National Committee’s servers and spreading disinformation on social media in an attempt to disrupt the 2016 election. Six Trump aides were also indict...
President Trump, who has lambasted Mueller and his team over the last two years for engaging in a partisan “witch hunt,” expressed a desire for the report to be made public when speaking to reporters this week.
While Trump has welcomed Mueller’s findings, he refused to sit for an interview with investigators and provided them with written answers instead on advice of counsel.
During his Senate confirmation hearing, Barr vowed to make public as much information from the report as possible, but would not agree to several lawmakers’ demands that he promise to release the report in full. “The country needs a credible resolution of these issues,” he said.
Department of Justice guidelines require only that Mueller explain in his report to Barr why he sought, or declined to seek, criminal charges against suspects in the probe. As a result, the report may not provide a detailed accounting of his investigation akin to the one that was produced by Independent Counsel Ken Sta...
WASHINGTON—Stung by criticism of skyrocketing cost estimates for the Medicare prescription drug benefit, President Bush vowed Wednesday to focus more attention on shoring up the new program's finances.
Although it won't pay out its first dollar until next year, the drug benefit that Bush sold to Congress as costing less than $400 billion for its first 10 years comes in at $724 billion in the 2006 budget released Monday.
While Medicare officials contend that the new figures are in line with earlier projections, lawmakers from both parties are fuming over what seems to be its exploding price. To make matters worse, the libertarian Cato Institute released a study Wednesday claiming the drug benefit's costs for 41 million Medicare benefic...
Sen. Judd Gregg, R-N.H., chairman of the Senate Budget Committee, said Wednesday that he wants White House Budget Director Joshua Bolten to tell Congress "what the real numbers are," and pronounced himself "very suspect of this program as to its cost." Buttonholed later in a Senate hallway, Gregg said that while he'd l...
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Troy's Moving & Storage is located at 3A Overlook Ave, Woburn, MA. This business specializes in Movers.
Troy's Moving & Storage can be found at A Overlook Ave 3. The following is offered: Movers. The entry is present with us since Sep 8, 2010 and was last updated on Oct 23, 2015. In Woburn there are 8 other Movers. An overview can be found here.
Like it or not, MBAs influence a lot of what happens in the world. They run major companies. They lead innovative startups. They build the business plans and crunch the numbers that fuel a lot of our economy and culture.
I don’t have an MBA, nor any desire to get one — but I recognize the importance of listening to folks who do. So, I wanted to share a few nuggets from a new report being released today by Net Impact, an international nonprofit organization whose mission is to make a positive impact on society by growing and strengtheni...
1) 90% of today’s graduate students blame a focus in business on short-term rather than long-term results as one of the contributing factors to the global financial crisis. Not only do I think this is true, I see little evidence that the major players in the economy intend to shift their focus in a any significant way....
2) Less than a third (31%) of respondents think that corporations are working towards the betterment of society. I agree, but I am not so naive as to believe that companies should be ‘giving back’ because its the right thing to do. That is true, it is the right thing to do, but the reason that companies should be worki...
Its worth noting that the students surveyed for the report believe that the for-profit sector should play a role in addressing social and environmental issues (88%) and that being responsible leads to corporate profits (77%). The next generation of business leaders clearly understand — not sure why the current ones don...
Perhaps most importantly, the survey suggests that that business schools place moderate or little emphasis on the major challenges that are facing business leaders of the future — healthcare, education, the environment, etc. In other words, the curriculum at most business schools is not adequate to prepare the next gen...
You can access at copy of the full report at http://www.netimpact.org/perspectives.
Olympian Janay DeLoach Soukup is ready to get on with the rest of her life.
Pregnant with her first child, the 2012 Olympic bronze medalist is looking forward to starting a family. The Fort Collins resident wants to be able to attend the weddings, baby showers and funerals she missed during seven years of competition at track and field’s highest level.
She fought through personal turmoil, including a divorce and remarriage to the same man, husband Patrick Soukup, and numerous injuries, including a broken ankle, to become a two-time Olympian. She can’t begin to count the sacrifices she made to become one of the best American long-jumpers of all time.
The 32-year-old was the darling of Fort Collins and received a spirited send-off from Fort Collins residents when she left for the Olympics. The couple announced on social media just after the new year that she was pregnant.
DeLoach Soukup is a licensed occupational therapist with a master’s degree from Colorado State University. She works in occupational therapy and is in the process of becoming a certified personal trainer — and a mother — all factors in ending her competitive career without regrets.
“I’ve had a very successful seven years of professional track and field,” said DeLoach Soukup, who is due in late April to early May. “I’ve gotten to see everything I’ve wanted to see as far as traveling. I’ve gotten to live the dream of being an Olympian and an Olympic medalist.
Chaunte Lowe, the U.S. record-holder in the high jump and four-time Olympian, won two national championships after the birth of her first child and two more after the birth of her second.
“It’s not a matter of my performance,” DeLoach Soukup said. “It’s a matter of what I wanted to do with my life. I spent seven years traveling the majority of the year, missing births and deaths and things I don’t want to miss any longer.
On the track, few have ever been better than DeLoach Soukup. She won a silver medal in the long jump at an indoor world championships and a bronze in the 2012 London Olympics. Only six American women have ever jumped farther than her lifetime best of 23 feet and ¾ of an inch.
After a compression fracture on her left ankle forced her to switch her take-off leg to the right, she qualified for a second Olympics in 2016 in Rio de Janeiro, a feat she now says was her greatest athletic achievement.
She ran her fastest time in the 100-meter hurdles, 12.83 seconds, last summer at the USA Track and Field Outdoor Championships in Sacramento, California, and believes she could continue to compete at a world-class level in the long jump and hurdles for another three to five years, if she chose.
The four-time All-American at CSU isn’t really walking away from track and field. Only from the competitive side.
She’s still serving as a volunteer assistant coach at CSU, where the men’s indoor team is ranked No. 10 in the nation, and launching a new speed camp and individual training program for young athletes in all sports this summer with her husband; brother, Josh; fellow two-time Olympian Jeremy Dodson; former CSU football ...
"It’s kind of taken the place of track and field as far as my passion goes, and that’s an easy transition,'' she said.
CSU: What impact will new tax law have on Colorado State athletics?
One thing is for sure with her new life, she won't sit still.
She’s just moving in a new direction.
“I’m ready for a family; that’s what it came down to,” she said.
She’s fortunate to be able to walk away from the sport by choice instead of being forced out by another injury or loss of sponsorship, Patrick said. Nike has provided her with financial support for most of her career.
He wonders, though, if she’s really finished. If this new mom can truly walk away from the challenge of making another triumphant comeback.
Though she said she doesn't have plans to return to competitive track and field someday, “I’ll never say never,” she said.
MONTREAL – After getting off to a solid start in La Belle Province, Jeff Petry will be patrolling the Canadiens’ blue line for the foreseeable future.
On Tuesday, the CH announced they’d signed the talented defenseman to a six-year contract, ensuring the 27-year-old would remain in the fold through at least the 2020-21 campaign.
Addressing the media via a conference call from his home in West Bloomfield, MI, the five-year NHL veteran was clearly pleased that the two sides had reached an agreement relatively quickly.
While Petry hasn’t been in Montreal for long, his time with Michel Therrien’s troops certainly had a profound impact on him. Coming over after four-plus seasons in Edmonton in exchange for a second-round pick in 2015 and a conditional fifth-round selection, the former Michigan State standout wasted little time soaking ...
Needless to say, the fact that the Canadiens are among the League’s elite teams was an important factor in Petry’s decision to sign on the dotted line, too. Having never been to the postseason prior to the 2014-15 campaign, the former second-round selection back in 2006 appreciated every moment of his playoff debut and...
Despite the inevitable pressures that come with signing a long-term deal, Petry isn’t about to change his game anytime soon. Well-aware that his style his play is what ultimately earned him a lucrative contract, he plans on staying true to what he’s done all along. General manager Marc Bergevin insisted on it.
It also didn’t hurt to have the full support of his teammates, too, many of whom let Petry know just how important a piece to the puzzle he would prove to be down the road.
January 12, 2016 climate change, cold, el niño, weather.
One Buffalo, NY driver is going to need a bigger ice scraper. Freezing temperatures, flooding from Lake Erie and strong winds made for the perfect storm of harsh conditions this last week in Buffalo. It also made one car a popsicle. Lakeside parking proved less than a great idea when waves from the flooded lake splashe...
Winter has been looking a lot more like itself during the past week, with waves of arctic air push through the Midwest and feet of lake-effect snow expected for the Great Lakes in upcoming days.
Check out today’s sunny forecast, here.
Seeing an original screenplay produced by a major studio has become the Hollywood equivalent of a dodo sighting. It is rare indeed.
The result of Hollywood’s total lack of creativity is slumping box office returns. With revenue down nearly seven percent from last year why redo “Pride and Prejudice” a film that many think has been overdone.
“Pride and Prejudice” a remake of the Jane Austen classic, stars Keira Knightly and Matthew Macfadyen as two people destined to fall in love. Macfadyen plays the mystery man Darcy in the film, bring him to life in with a smoldering charisma. Knightly on the other hand plays Elizabeth as a frustrated and confused damsel...
Jane Austen, a writer who knows how to make falling in love glorious, provides a story line that is every woman’s fantasy. In order for their to be a twist in the movie the story ends with a passionate kiss that does not exist in the book or in other version of this story that has been told several time before.
In 1995 Colin Firth starred in the BBC’s version. Not to say the after the Brits did it “Pride and Prejudice” should have been left alone. Or at least given a 55-year stateside reprieve. In 1940, MGM adapted the film that starred Sir Lawrence Olivier as Darcy.
Knightly and Macfadyen are brilliant performers working with extraordinary material. As star crossed lovers, their slow burning passion fuels the film. However, great acting does not change the fact the Hollywood seems to be running short on ideas.