Movie theaters are launching creative food initiatives as they struggle with heavy debt loads and empty seats.
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Under Armour raises outlook as company defends high inventory level
Under Armour has an inventory glut that’s up slightly from its last quarter and 50% year-over-year despite heavy discounting and promotions.
Continue readingMichael Kors owner Capri shares plunge after revenue falls across the retailer’s luxury brands
Revenue fell across the company’s luxury brands — Michael Kors, Jimmy Choo and Versace — dragged lower by slowing traffic in China.
Continue readingMortgage refinance demand jumps 18% as interest rates drop for the fifth straight week
Mortgage rates continued to fall last week, and both current homeowners and potential homebuyers reacted swiftly.
Continue readingFox projects record Super Bowl ad revenue after World Cup, NFL boosted results
Fox said advertising tied to the World Cup, the NFL and the midterm elections drove the company’s fiscal second quarter earnings.
Continue readingTaco Bell sales help fast-food giant Yum Brands top expectations
Taco Bell outperformed analysts’ expectations, but weak sales in China hurt Pizza Hut and KFC.
Continue readingJim Cramer says Activision Blizzard is a buy, but wait on Take-Two Interactive
CNBC’s Jim Cramer on Tuesday said Activision Blizzard is better positioned in the short term than rival Take-Two Interactive.
Continue readingJim Cramer says to not lose sight of investing fundamentals despite the bull market
“It’s insane that so many people seem to believe the Fed will go from slamming the brakes on the economy to hitting the gas within […]
Continue readingCramer’s lightning round: Parker-Hannifin is a buy
“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed.
Continue readingChipotle Mexican Grill misses expectations for earnings, revenue and same-store sales
CEO Brian Niccol maintained that the company hasn’t seen backlash to higher prices for its burrito bowls and tacos, despite declining transactions.
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