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18 HOURS AGO - TheStreet

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Foot Locker Beats Earnings Expectations on Sales Growth, but Shares Droop

NEW YORK (TheStreet) -- Shares of Foot Locker are sinking by 0.92% on Friday afternoon even after the specialty athletic retailer reported first-quarter earnings that topped expectations. Foot Locker posted earnings that rose to $184 million, or $1.29 a share, from $162 million, or $1.10 a share, a year ago. Earnings topped analysts' expectations of $1.23 per share, according to ...

Tags: Foot Locker Beats Earnings Expectations on Sales Growth, but Shares Droop,  Australia Latest News

MAY 22, 2015 - Zero Hedge

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Chinese Stock Bubble Frenzy Returns; US Futures Flat Ahead Of Today's Pre-Holiday Zero Volume Melt Up

The highlight of the overnight newsflow may have been the BOJ's preannounced statement that it is keeping its QE unchanged (which comes as no surprise after a few weeks ago the BOJ adimirted it would be unable to keep inflation "stable" at the 2% in the required timeframe), but the highlight of overnight markets was certainly China, where the Banzai ...

Tags: Chinese Stock Bubble Frenzy Returns; US Futures Flat Ahead Of Today's Pre-Holiday Zero Volume Melt Up,  Australia Latest News

MAY 21, 2015 - MarketWatch

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Australia stocks gain, with BHP, Rio higher as probe nixed

Australian stocks rose early Friday, with the S&P/ASX 200 up 0.3% on top of the previous day's 0.9% advance. The gains came even as the heavily weighted Big Four banks lost ground, with Australia & New Zealand Banking Group and Westpac Banking Corp. down 0.2% each, Commonwealth Bank of Australia down 0.1% and National Australia Bank Ltd. off 0.4%. Dow ...

Tags: Australia stocks gain, with BHP, Rio higher as probe nixed,  Australia Latest News

MAY 21, 2015 - Business Insider

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Tesla's home battery doesn't make economic sense for homeowners

Tesla's home battery might lead to an energy revolution, but probably not for you. The economics just don't make sense. Bloomberg explains: The noble home battery user wants independence from the grid, but a more sensible approach would be to pair rooftop panels with batteries designed to extend some solar power into the peak evening hours of electricity demand. When ...

Tags: Tesla's home battery doesn't make economic sense for homeowners,  Australia Latest News

MAY 21, 2015 - Zero Hedge

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Despite Weak Economic Data Overnight, Futures Slide On Rate Hike Concerns

The big news overnight was neither the Chinese manufacturing PMI miss nor the just as unpleasant (and important) German manufacturing and service PMI misses, but that speculation about a rate hike continues to grow louder despite the abysmal economic data lately, with the latest vote of support of a 25 bps rate increase coming from Goldman which overnight updated its ...

Tags: Despite Weak Economic Data Overnight, Futures Slide On Rate Hike Concerns,  Australia Latest News