FTX Collapse: Bankman-Fried Has 2 Golden Chances to Defend Himself
The fallen founder of the cryptocurrency exchange will give two interviews, set for Nov. 30 and Dec. 1.
The fallen founder of the cryptocurrency exchange will give two interviews, set for Nov. 30 and Dec. 1.
Here's why we're initiating a position in this company, after bringing it in the Bullpen a few weeks ago.
MARKET PULSE Shares of Estee Lauder Cos. (EL) pulled back 5.0% in premarket trading Thursday, after closing the previous session at a 5 1/2-month high, after the beauty products company provided a full-year profit outlook that was below expectations.
Estee Lauder (EL) delivered earnings and revenue surprises of 19.38% and 1.06%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Estee Lauder Cos Inc forecast a bigger drop in full-year profit than it had initially estimated, citing uncertainity around recovery in major market China. Analysts, meanwhile, expect China's recent move to relax its toughest COVID-related curbs and lift travel restrictions to improve sales for U.S. luxury and beauty companies, such as Estee, that took a beating from the country's strict zero-COVID policy. Estee said it expects a return to sales growth in Mainland China and Asia travel retail in the second half of the year.
The cosmetics company reported a 17% decline in quarterly sales as retailers tightening their inventories also weighed on its business.
Roche warned on Thursday profits will decline in 2023 as falling demand for its COVID-19 therapy and diagnostics kits will knock sales by over $5 billion, the latest sign that the pharmaceutical industry's years-long pandemic boost is ebbing. Sales and core earnings per share were expected to decrease at a "low single-digit" percentage this year, the Swiss pharmaceuticals and diagnostics company said in a statement. COVID-related sales, mainly from lab testing and antibody treatment Ronapreve, are seen falling by 5 billion Swiss francs ($5.5 billion) for the full year, it said.
The Estee Lauder Companies' (EL) second-quarter fiscal 2023 performance reflects reduced earnings and sales, with results affected by pandemic-led curbs in China and inflationary pressure.
Jessica Simpson said she almost had a fling with a massive movie star in a short story blind item published by Amazon. So, who is he? Page Six figured it out.
"I wish you could know how much I’ve hated feeling braced for news of your death," Steve-O tells his freind.
Romo's on-air performance has caused concern at CBS, Jerry likes a local QB prospect, and Micah Parsons gets ejected from a dodgeball game. | From @ToddBrock24f7
Actor Billy Baldwin chimed in as the Republican congressman's tweet spectacularly backfired.
Two House Republicans blurted out what they really thought about Thursday's vote to oust Democratic Rep. Ilhan Omar in what they thought was private.
Doctors are warning of a dangerous fungal illness rapidly spreading across the country, especially those living or visiting the California and Arizona areas.
Russian dictator Vladimir Putin has begun to invent a new type of military because his entire army has nearly been liquidated by the Armed Forces of Ukraine, Ivan Kyrychevsky, an expert writing for the Ukrainian Defense Express military news outlet, said in an interview with Radio NV on Feb. 3.
See what Rob Gronkowski had to say to Tom Brady following the GOAT's second retirement announcement
“I wouldn't change anything I did,” said the defendant.
The debate might've been even weirder than we thought.
During a recent taping of 'Today With Hoda and Jenna,' NBC journalist Hoda Kotb called out Jenna Bush Hager for misunderstanding the topic discussed on the air.
A TikToker noticed that Blake Lively was wearing almost impossibly low-slung sweatpants beneath a body-con mini-dress.
In an interview with Hugh Hewitt, Trump went on a tirade against news outlets that reported on Russian interference during the 2016 election.