By Antea Gatalica There’s no shame in crashing at Mom and Dad’s after graduation if you’re Taylor Gaines, a 23-year-old entrepreneur who has successfully launched a full-service social media agency. Founded just two years ago, Chicago-based TNT Digital Media now sees steady revenues of approximately $10,000 each month.
By Antea Gatalica As many brick-and-mortar stores have been losing momentum to online retailers, Ulta Salon, Cosmetics & Fragrance Inc. is bucking the trend. The company continues to open new stores – it’s planning to open 100 in the coming year – and has raised its profit outlook after beating Wall Street estimates for sales […]
By Antea Gatalica Shares of Walgreens Boots Alliance Inc. plummeted nearly 11 percent Wednesday following the company’s announcement it will buy smaller rival Rite Aid Corp. for $9.42 billion in cash. The decline came even as the Deerfield-based company reported quarterly earnings that beat analysts’ expectations.
By Antea Gatalica Harley-Davidson Inc. reported a 6.5 percent decline in third quarter earnings that fell short of analysts’ forecasts, and said it would slash jobs to pay for stepped-up marketing. Shares of the Milwaukee-based motorcycle manufacturer plummeted 14 percent, or $7.80, to close Tuesday at $48.25.
By Antea Gatalica The number of new claims for unemployment insurance fell to 255,000, a decrease of 7,000, in the week ended Oct. 10, and the lowest level reported by the U.S. Labor Department since 1973. The 4-week moving average was 265,000, compared with a downwardly revised 267,250 reported the week prior.
By Antea Gatalica UnitedHealth Group Inc. reported higher-than-expected quarterly earnings Thursday, but shares of the company fell on concerns over an increase in costs. The Minnesota-based health care company posted flat net earnings of $1.6 billion, or $1.65 per diluted share, in the fiscal quarter that ended Sept. 30, beating the analysts’ consensus estimate of […]
By Antea Gatalica Initial jobless claims fell to 263,000, a decrease of 13,000, in the week ended Oct. 3, the U.S. Department of Labor reported Thursday. The 4-week moving average in the week ended Oct. 3 stood at 267,500, a 1.1 percent change decrease from the week prior. The number of people continuing to receive […]