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16 June 2021
09:48 hour

Signet CEO looking to online, subscription markets as COVID permanently changes consumer behavior

Seeking Alpha

10/06/2021 - 23:09


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  1. Signet (SIG) to generate new revenue stream through Rocksbox acquisition (06/04/2021 - AlphaStreet)
    Signet Jewelers Limited (NYSE: SIG) has acquired jewelry rental subscription platform Rocksbox for an undisclosed amount. The acquisition is expected to help drive growth in the services category. Rocksbox, which allows monthly members to rent and swap designer jewelry pieces, has a strong foothold in online services and through this acquisition Signet plans to tap into a whole new customer base, diversify its revenues and expand its capabilities in connected commerce. Strategy Rocksbox offers jewelry to customers at an affordable price and in a sustainable way as items are re-used throughout the marketplace. The acquisition is expected to help Signet woo self-purchasing women customers, a segment where it is currently under-developed, as well as expand its market share. The Rocksbox acquisition is a part of Signet’s Inspiring Brilliance growth strategy. The company plans to expand its existing services such as repair, warranty services and piercings and also introduce new ones. The Inspiring Brilliance strategy aims to drive long-term growth by using data-driven insights to attract new customers and provide personalized experiences to existing customers. The company will also expand its connected commerce capabilities and bring together its physical and digital channels to provide fast and flexible service to customers. The Inspiring Brilliance strategy is expected to drive cost savings in the range of $175-200 million over the next three years. Results Signet generated total sales of $5.2 billion for FY2021, which was down nearly 15% compared to the prior-year on a reported basis. Same-store sales were down around 11% for the year. Ecommerce sales rose around 58% YoY to $1.2 billion in 2021. Ecommerce comprised nearly 23% of total sales, up from 12% last year. Outlook For the first quarter of 2022, Signet expects total revenue to be $1.42-1.46 billion and same store sales to range between 80-84%. For fiscal year 2022, total revenue is estimated to be $5.85-6.00 billion while same store sales is expected to range between 14-17%. Stock Shares of Signet were down 1.5% in afternoon trade on Tuesday. The stock has skyrocketed over 755% in the past 12 months and 113% since the beginning of this year. Click here to read more on retail stocksThe post Signet (SIG) to generate new revenue stream through Rocksbox acquisition first appeared on AlphaStreet.
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  2. Signet Jewelers buys jewelry rental subscription platform, Rocksbox (06/04/2021 - Seeking Alpha)

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  3. : Denmark becomes first country to permanently stop use of AstraZeneca vaccine (14/04/2021 - Market Watch)
    Denmark has become the first country to permanently halt the use of AstraZeneca’s COVID-19 vaccine following its possible link to very rare cases of blood clots.
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  4. Infographic: Key highlights of Signet Jewelers (SIG) Q1 2022 earnings (10/06/2021 - AlphaStreet)
    Signet Jewelers (NYSE: SIG) reported the first-quarter 2022 earnings report before the opening bell on Thursday.   The company reported a 106% increase in Q1 revenues to $1.7 billion, beating Wall Street consensus. The company had net earnings of $129.8 million or $2.23 per share compared to a loss of $205.3 million or $3.96 per share of the same quarter in the previous year. The adjusted earnings per share was $2.23 compared to a loss of $1.59 “Story will be updated soon”The post Infographic: Key highlights of Signet Jewelers (SIG) Q1 2022 earnings first appeared on AlphaStreet.
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  5. Conagra (CAG) bets big on consumer psychology to drive future demand and growth (08/04/2021 - AlphaStreet)
    Conagra Brands Inc. (NYSE: CAG) reported strong results for the third quarter of 2021 which surpassed expectations. Net sales increased 8.5% to $2.8 billion helped by the increase in at-home food consumption due to the COVID-19 pandemic. Adjusted EPS increased 24% to $0.59, driven by higher gross profit. Conagra has benefited significantly from the changes in consumer behavior during the pandemic as people spent more time indoors which led to cooking more meals at home as well as an increase in snacking. People also started purchasing their groceries online which led to a growth in ecommerce. Conagra expects these behavioural patterns to continue for the foreseeable future and believes it will benefit the company in terms of higher demand and growth. Ecommerce On its quarterly conference call, Conagra stated that it outpaced total edible retail sales in ecommerce growth each quarter throughout the pandemic. In the third quarter, Conagra saw ecommerce growth of 89% versus total edible ecommerce retail sales growth of 81%. The company also grew its share in ecommerce across 76% of its brands over the past 12 months. According to Conagra, young millennial customers are more likely to shop online than in-store. Once customers start to shop online, 50% of them are likely to continue this habit while around 20% are likely to become heavy users of a brand. The company also believes that online shoppers tend to have more brand loyalty than in-store shoppers. Conagra continues to invest in ecommerce as it believes there is a high opportunity to generate significant returns from this channel.   Changes in consumer behavior Based on certain historical data, Conagra believes that changes in consumer behavior that occurred during crisis times, such as recessions, have continued even after the recovery. The company expects this to happen with the current pandemic as well. According to psychology experts, it takes 66 days on average for a new behavior to become a habit. After 400 days of the COVID-19 pandemic, the company believes customers have adapted to having meals at home and expects this pattern to continue even after the crisis subsides. Looking at data from states that have been the most open and the mobility of their residents throughout the pandemic, the two-year growth rates in retail sales are materially higher than pre-pandemic levels and have stayed fairly consistent as states reopen and stay open. This indicates that even though people have started going out, they prefer to eat at home. During the third quarter, Conagra saw net sales in its Grocery and Snacks segment increase nearly 11% year-over-year to $1.1 billion helped by strong growth in staples and snacks brands such as Act II, Slim Jim, Snack Pack, Chef Boyardee, Libby’s and PAM. In addition, the adoption of remote work and an increased shift towards at-home entertainment has led to higher demand for frozen foods which is likely to continue post-pandemic. In the third quarter, sales in the Refrigerated and Frozen segment grew nearly 12% to $1.2 billion. Outlook For the fourth quarter to date, Conagra has seen a continued increase across its retail segments compared to pre-pandemic demand levels driven by higher levels of at-home food consumption. However, the foodservice channel remains challenged. The company expects Q4 organic net sales to decline 10-12%. For fiscal year 2022, Conagra expects organic net sales to grow 1-2%. Click here to read the full transcript of Conagra Brands Q3 2021 earnings conference call The post Conagra (CAG) bets big on consumer psychology to drive future demand and growth first appeared on AlphaStreet.
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  6. Signet Jewelers Ltd (SIG) Q4 2021 Earnings Call Transcript (18/03/2021 - AlphaStreet)
    Signet Jewelers Ltd.  (NYSE: SIG) Q4 2021 earnings call dated Mar. 18, 2021 Corporate Participants: Vinnie Sinisi — Senior Vice President, Investor Relations & Treasury Virginia “Gina” C. Drosos — Chief Executive Officer Joan Hilson — Chief Financial Officer Presentation: Operator Good morning, everyone, and welcome to the Signet Jewelers Fourth Quarter Fiscal 2021 Earnings Call. All participants will be in a listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. [Operator Instructions] At this time, I’d like to turn the conference call over to Vinnie Sinisi, SVP of Investor Relations and Treasury. Sir, please go ahead. This content is for members only. Visit the site and log in/register to read.The post Signet Jewelers Ltd (SIG) Q4 2021 Earnings Call Transcript first appeared on AlphaStreet.
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  7. The Wall Street Journal: CME to close most of its Chicago trading pits permanently (05/05/2021 - Market Watch)
    The exchange operator CME Group CME said it would permanently close most of its open-outcry trading pits in Chicago, ending one of the world’s last vestiges of old-fashioned floor trading.
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  8. The Wall Street Journal: CME to close most of its Chicago trading pits permanently (05/05/2021 - Market Watch)
    The exchange operator CME Group CME said it would permanently close most of its open-outcry trading pits in Chicago, ending one of the world’s last vestiges of old-fashioned floor trading.
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  9. US retail sales forecasted to rise 6.5-8.2% on vaccine roll-out and pent-up demand (24/02/2021 - AlphaStreet)
    US retail sales are projected to grow between 6.5% and 8.2% to more than $4.33 trillion in 2021. According to the National Retail Federation’s annual forecast, pent-up demand, vaccine distribution and healthy consumer fundamentals are projected to drive higher economic growth, retail sales and consumer spending. In 2021, NRF projects retail sales to range between $4.33 trillion and $4.4 trillion. Of this, online sales are expected to grow 18-23% to $1.14 trillion to $1.19 trillion. The COVID-19 pandemic drove a rapid shift to ecommerce during 2020 causing many retailers to accelerate their digital transformation over a couple of months which otherwise would have taken a few years. Retailers saw their digital sales surge, particularly during the holiday season as people did more of their holiday shopping online. The report states that retail sales rose 6.7% year-over-year to $4.06 trillion in 2020 in spite of the pandemic. This number was higher than the 3.9% growth seen in 2019, and nearly double the growth of at least 3.5% forecasted by NRF, without accounting for a global health crisis. This growth was driven by an increase of around 22% in online sales to $969.4 billion. NRF said the November-December holiday period in 2020 saw strong growth with retail sales increasing 8% to $787.1 billion. Holiday sales comprised 19.4% of overall annual retail sales. Online sales represented $206.9 billion of total holiday sales, reflecting a year-over-year growth of 22.6%. The trade group forecasts real GDP growth of 4.5-5% in 2021 and also expects the economy to gain between 220,000 and 300,000 jobs per month during the year depending on the pace of the economy in the second and third quarters. “The trajectory of the economy is predicated on the effectiveness of the vaccine and its distribution. Our principal assumption is that that the vaccination will be effective and permits accelerated growth during the mid-year. The economy is expected to see its fastest growth in over two decades.” – NRF Chief Economist Jack Kleinhenz   Mr. Kleinhenz added that factors such as savings, higher home prices, high stock valuations, more government support and low interest rates influence the economy and consumer spending behavior. He said that once things gradually normalize, people will turn to services, which normally account for 70% of consumer spending. Click here to read more retail newsThe post US retail sales forecasted to rise 6.5-8.2% on vaccine roll-out and pent-up demand first appeared on AlphaStreet.
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  10. Signet Q4 2021 Earnings Preview (17/03/2021 - Seeking Alpha)

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  11. Signet Q1 2022 Earnings Preview (09/06/2021 - Seeking Alpha)

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  12. Outside the Box: You’re a happy couple, but you argue constantly about what constitutes COVID-safe behavior (23/02/2021 - Market Watch)
    Here’s how to restore the peace
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  13. Signet Jewelers rallies after sales sizzle in FQ1 (10/06/2021 - Seeking Alpha)

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  14. Signet Jewelers rallies after guidance boost (12/04/2021 - Seeking Alpha)

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  15. Signet Jewelers rallies after sales sizzle in FQ1 (10/06/2021 - Seeking Alpha)

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  16. Signet Jewelers lauded for e-commerce transition (15/03/2021 - Seeking Alpha)

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  17. Signet Jewelers sized up favorably after key investor event (13/04/2021 - Seeking Alpha)

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  18. RH, Signet Jewelers Rise Premarket; GameStop Falls (10/06/2021 - Investing.com)

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  19. Signet reports strong Q4; indicates growth path for FY22 (18/03/2021 - Seeking Alpha)

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  20. Signet raises minimum wage to $15 an hour for all US employees (25/02/2021 - Seeking Alpha)

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  21. ‘Any disruption in MSMEs’ sales amid second Covid wave to be detrimental to their survival this time’ (18/04/2021 - Financial Express)
    Ease of Doing Business for MSMEs: E-commerce platforms had matched and surpassed their pre-COVID sales as far back as August last year. To this effect, several MSMEs shifted to online marketplaces last year owing to a lack of demand in retail markets.
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  22. Why is share market resilient in face of Covid-19? Kalpen Parekh reveals; says, watch these stocks | INTERVIEW (18/05/2021 - Financial Express)
    We are seeing financial markets and most asset classes around the world trending upward despite the impact of Covid. This is driven by significantly higher liquidity in the markets.
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  23. : Norway delays decision to ditch AstraZeneca vaccine, warning it could impact J&J rollout (16/04/2021 - Market Watch)
    The Norwegian government said it needs more time to decide whether to restart the use of AstraZeneca's COVID-19 vaccine, or permanently remove it from the country's immunization program.
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  24. : Deliveroo, Hut Group and Naked Wines have all been pandemic winners. Here comes the hard part. (15/04/2021 - Market Watch)
    The rapid consumer shift to online shopping due to COVID-19 pandemic-induced lockdowns helped a clutch of U.K.-listed companies report a surge in sales on Thursday.
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  25. Howard Gold's No-Nonsense Investing: U.S. stocks will continue to beat the alternatives (06/04/2021 - Market Watch)
    Ramped-up COVID-19 vaccinations, huge fiscal stimulus and a quick economic recovery give U.S. stock markets a big edge over developed markets and emerging markets.
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  26. : Google, Facebook undertake appeasement campaigns before Thursday CEO showdown in House (22/03/2021 - Market Watch)
    Facebook vows to root out vaccine misinformation, while Google halves commission fees to 15% for developers and makes changes to how it tracks the online behavior of consumers. Both are signing deals with media companies.
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  27. Europe Markets: Inflation fears grip markets as European stocks and U.S. equity futures slide (13/05/2021 - Market Watch)
    Global stocks are under pressure, with stocks falling in Asia, Europe and for U.S. equity futures as a spike in U.S. consumer prices rattles across markets.
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  28. : Travelers are booking trips online again, but they mostly want the same thing: Not a hotel (20/05/2021 - Market Watch)
    As more people get vaccinated against COVID-19 and stay-at-home restrictions are lifted, there is little downside for online-travel companies --- especially if they have a certain kind of inventory.
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  29. Covid-19: Online Pharmacy – the late but effective bloomers (10/05/2021 - Financial Express)
    Owing to the lockdown and travel restrictions, along with the fear of contaminating the virus, it has led to an increased dependence on online pharmacies for the purchase of drugs.
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  30. Is DoorDash (DASH) stock a good investment ahead of earnings? (04/05/2021 - AlphaStreet)
    Online food delivery platform DoorDash, Inc. (NYSE: DASH) made its Wall Street debut last year when coronavirus had tightened its grip on the market, which made people embrace digital platforms for shopping and dining. The company being a key beneficiary of the shift in consumer behavior, investors responded positively to the IPO, and the stock gained about 86% on the first day. A Volatile Phase The shares maintained the momentum, after a brief pullback, and entered 2021 on a high note. But it was short-lived and they slipped below its IPO price following the company’s not-so-impressive fourth-quarter performance. Experts see a rebound but caution about the valuation amid concerns that the stock is too expensive. In short, the risks are yet to be priced into DoorDash’s $45-billion market cap. It is advisable to postpone investment decisions for the time being and wait until more clarity emerges. Read managment/analysts’ comments on quarterly reports For the Silicon Valley startup, the present tailwind might not be sufficient to achieve profitability. The company belongs to an e-commerce segment that does not have many success stories to tell, and where competition is building up. Going forward, the stakeholders will be looking for updates on the management’s turnaround strategy, given the uncertainty over the long-term effects of the pandemic. Challenges Being a cost-intensive business, DoorDash’s margins will likely be squeezed by elevated marketing and R&D expenses. Also, there will be pricing pressure, since local administrators across the country have capped the fee restauranters can pay to delivery service providers. The market reopening, encouraged by the vaccination drive, will reduce American’s reliance on digital platforms for ordering food, which can affect revenue performance in the future. On the positive side, the company sees stable order volumes in certain markets where COVID restrictions have been eased. We provided our guidance for Q1 and 2021 in our investor letter, but I’d like to provide a little more detail behind that. Underlying our 2021 guidance is an assumption of accelerated market reopening and a return to in-store dining. While we have seen many positive signals from consumers and markets that have temporarily reopened during the pandemic, we acknowledge that vaccination and full reopenings could drive sharper changes in consumer behavior than current data would predict. Consequently, our 2021 full-year guidance reflects this uncertainty.Prabir Adarkar, chief financial officer of DoorDash Loss Widens Earlier this year, DoorDash published the first financial report as a public company, reporting a two-fold growth in revenues to $970 million, which was far above the market’s projection. Net loss widened to $312 million from $134 million – hurt by higher costs across the board – but improved to $2.67 from $3.05 last year, on a per-share basis. The company will be reporting its first-quarter results on May 13, amid expectations for a loss of 26 cents per share and revenues of $993 million. Kay highlights from Uber Technology’s Q4 2020 earnings results Currently, DoorDash’s stock is currently trading below the IPO price. It closed the last session at $143.85 and lost considerably in early trading on Tuesday. The shares have lost about 28% since the company’s stock market debut. The post Is DoorDash (DASH) stock a good investment ahead of earnings? first appeared on AlphaStreet.
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  31. Venezuela Consumer Confidence (29/03/2021 - Trading Economics)
    Consumer Confidence in Venezuela decreased to 66 points in the second quarter of 2020 from 74 points in the first quarter of 2020. Consumer Confidence in Venezuela averaged 70.40 points from 2011 until 2020, reaching an all time high of 89 points in the first quarter of 2012 and a record low of 57 points in the third quarter of 2016. In Venezuela, the Consumer Confidence Index is part of The Nielsen Global Survey of Consumer Confidence and Spending Intentions. The survey is conducted every quarter by the Internet and measures the level of optimism that consumers have about job prospects, personal finances and spending intentions. Twice a year, the survey also includes questions regarding consumer habits and opinions on a number of other issues, ranging from climate change to online shopping and food safety. The index levels above 100 indicate optimism and below 100 indicate pessimism. This page provides - Venezuela Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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  32. Egypt Consumer Confidence (24/03/2021 - Trading Economics)
    Consumer Confidence in Egypt decreased to 85 points in the second quarter of 2020 from 99 points in the first quarter of 2020. Consumer Confidence in Egypt averaged 84.82 points from 2007 until 2020, reaching an all time high of 103 points in the second quarter of 2012 and a record low of 64 points in the fourth quarter of 2016. In Egypt, the Consumer Confidence Index is part of The Nielsen Global Survey of Consumer Confidence and Spending Intentions. The survey is conducted every quarter by the Internet and measures the level of optimism that consumers have about job prospects, personal finances and spending intentions. Twice a year, the survey also includes questions regarding consumer habits and opinions on a number of other issues, ranging from climate change to online shopping and food safety. The index levels above 100 indicate optimism and below 100 indicate pessimism. This page provides - Egypt Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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  33. Policy yet to log on to online education vision (20/02/2021 - Financial Express)
    Rules remain myopic despite Covid-19 making online education essential, signal reluctance to liberalise the space
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  34. Kazakhstan Consumer Confidence (23/02/2021 - Trading Economics)
    Consumer Confidence in Kazakhstan increased to 83 points in the second quarter of 2020 from 81 points in the first quarter of 2020. Consumer Confidence in Kazakhstan averaged 80.13 points from 2016 until 2020, reaching an all time high of 84 points in the second quarter of 2018 and a record low of 73 points in the first quarter of 2016. In Kazakhstan, the Consumer Confidence Index is part of The Nielsen Global Survey of Consumer Confidence and Spending Intentions. The survey is conducted every quarter by the Internet and measures the level of optimism that consumers have about job prospects, personal finances and spending intentions. Twice a year, the survey also includes questions regarding consumer habits and opinions on a number of other issues, ranging from climate change to online shopping and food safety. The index levels above 100 indicate optimism and below 100 indicate pessimism. This page provides - Kazakhstan Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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  35. Europe Markets: European stocks slide as Germany extends COVID-19 lockdown to mid-April (23/03/2021 - Market Watch)
    European stocks slid into the red on Tuesday as COVID-19 cases continue to weigh on markets, with Germany the latest country to take new lockdown measures to contain the spread of coronavirus.
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  36. China is sounding the alarm about a global market bubble (03/03/2021 - Reddit Stocks)
    Hong Kong (CNN Business) One of China's most powerful financial officials is sounding the alarm over a bubble in global markets. Guo Shuqing, the Communist Party boss at the People's Bank of China, told reporters in Beijing on Tuesday that confidence in Chinese markets could be hit by volatility around the world."We are really afraid the bubble for foreign financial assets will burst someday," said Guo, who is also chairman of China's Banking and Insurance Regulatory CommissionGuo's warning follows concerns expressed elsewhere that bubble-like behavior is spreading through financial markets. Wall Street banks have been fielding questions from clients about whether the runaway equity boom will be followed by a crash resembling the bursting of the dot-com bubble burst 21 years ago. Full article   submitted by   /u/Molboules [link]   [comments]
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  37. One-year of Covid-19 pandemic: India upskills, education goes online (25/04/2021 - Financial Express)
    The most likely explanations, PayU said, are an increasing number of professionals upskilling themselves as they worked from home and students shifting to online education.
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  38. Analysts expect stock markets to be highly volatile amid rising COVID cases, earnings season (18/04/2021 - Financial Express)
    Markets are likely to be highly volatile in this holiday-shortened week and will continue to be guided by COVID-related updates, global cues and quarterly earnings, analysts said.
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  39. London Markets: U.K. stocks drop as consumer prices surge and commodities tumble (19/05/2021 - Market Watch)
    A sharp rise in U.K. inflation rattled investors on a heavy day of selling for global markets, including commodity prices, which hit some London-listed companies hard.
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  40. Covid-19: Avaya launches free online Covid-19 consultation portal MedicSetu (27/05/2021 - Financial Express)
    Named MedicSetu, the virtual platform has got on board about one thousand doctors and a number of Non profit Organisations who wanted to contribute to the Covid-19 crisis in the country.
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  41. Clearwater Paper to permanently close Neenah, Wisconsin facility (01/06/2021 - Seeking Alpha)

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  42. Clearwater Paper to permanently close Neenah, Wisconsin facility (01/06/2021 - Seeking Alpha)

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  43. Hong Kong Consumer Confidence (22/02/2021 - Trading Economics)
    Consumer Confidence in Hong kong decreased to 75 points in the second quarter of 2020 from 76 points in the first quarter of 2020. Consumer Confidence in Hong kong averaged 99.22 points from 2006 until 2020, reaching an all time high of 118 points in the second quarter of 2007 and a record low of 70 points in the first quarter of 2009. In Hong Kong, the Consumer Confidence Index is part of The Nielsen Global Survey of Consumer Confidence and Spending Intentions. The survey is conducted every quarter by the Internet and measures the level of optimism that consumers have about job prospects, personal finances and spending intentions. Twice a year, the survey also includes questions regarding consumer habits and opinions on a number of other issues, ranging from climate change to online shopping and food safety. The index levels above 100 indicate optimism and below 100 indicate pessimism. This page provides - Hong Kong Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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  44. Will there be a big COVID induced crash soon? I know it’s impossible to predict the market but just curious... (18/04/2021 - Reddit Stock Market)
    I’m no economic expert but it just seems weird that the covid crash was so short lived. I guess that was because the us gov bailed out the economy with billions in stimulus. And now the markets are at all time highs. It seems weird that after more than a year of millions dying and millions not working and productivity down because the world went into hibernation, yet the stock market and other markets immediately went so high again like nothing bad ever happened. I know the federal reserve probably did this to prevent a big depression. It just feels like an artificial high and that all of that covid terribleness will catch up finally to the markets and the free gov money will stop and then things will crash. Is it possible that something terrible can happen like covid and the gov prints lots of free money and there will never be a crash caused by this pandemic, and that a future inevitable crash will be caused by something else? Has there ever been something like this in USA history, like a great flu in USA back in like the 1900s or 1800s and the government bailing out the economy and then it crashing or the government just letting it crash without a bailout? Or maybe that covid was something that affected the whole world it is different than something that just mainly takes place in America like the housing crisis or the dot com boom? Will it be a sudden big crash or a slow downturn? ​ Again, I’m a complete amateur when it comes to economics and know no one can predict markets like the stock market, but these are my thoughts (mainly regarding the USA economy because I live here and I don’t know much about markets in other countries). How about your thoughts?   submitted by   /u/poopyfacemcpooper [link]   [comments]
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  45. Covid restrictions: 30% business loss in one week due to fresh curbs, says traders’ body CAIT (11/04/2021 - Financial Express)
    Ease of Doing Business for MSMEs: Inter-state movement of goods by traders contracted by around 15-20 per cent while consumer footfall in retail markets also witnessed a nearly 50 per cent drop, according to CAIT.
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  46. Olin to permanently close 20% of chlor alkali capacity at Louisiana plant (18/05/2021 - Seeking Alpha)

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  47. Google relaxes rules, expects many employees to permanently work from home (05/05/2021 - Seeking Alpha)

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  48. : Apple faces new competition complaint from Epic Games in global battle over App Store payments (30/03/2021 - Market Watch)
    The developer of the popular "Fortnite" videogame said on Tuesday that it had filed a complaint with the U.K.'s Competition and Markets Authority amid the regulator’s investigation into Apple for suspected anticompetitive behavior.
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  49. : Apple faces new competition complaint from Epic Games in global battle over App Store payments (30/03/2021 - Market Watch)
    The developer of the popular "Fortnite" videogame said on Tuesday that it had filed a complaint with the U.K.'s Competition and Markets Authority amid the regulator’s investigation into Apple for suspected anticompetitive behavior.
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