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Ollie’s Bargain Outlet Holdings, Inc. Announces Fiscal 2017 Third Quarter Financial Results

Dec 06, 2017 21:10 pm UTC| Business

HARRISBURG, Pa., Dec. 06, 2017 -- Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) today announced financial results for the third quarter ended October 28, 2017. Third Quarter Summary: Total net sales increased...

Perceptron Enters into New Loan Agreement and Expands On-Demand Line of Credit

Dec 06, 2017 21:10 pm UTC| Business

PLYMOUTH, Mich., Dec. 06, 2017 -- Perceptron, Inc. (NASDAQ:PRCP), a leading global provider of 3D automated metrology solutions and coordinate measuring machines, today announced it has entered into a new loan agreement...

More than 2,000 community development professionals are expected to attend NeighborWorks Training Institute; inject more than $4.2 million into local economy

Dec 06, 2017 21:09 pm UTC| Business

WASHINGTON, Dec. 06, 2017 -- An estimated $4.2 million boost is coming to the Washington, DC economy when more than 2,000 community-development professionals from around the country convene in the city for the...

Nexeo Solutions Reports Fourth Quarter and Fiscal Year 2017 Financial Results

Dec 06, 2017 21:06 pm UTC| Business

Fourth Quarter and Fiscal Year 2017 Highlights (Versus Fiscal Year 2016) Fourth fiscal quarter revenue up 15%, full fiscal year up 7%Fourth fiscal quarter net income of $13.6 million, or $0.18 per share, and full fiscal...

Broadcom Limited Announces Fourth Quarter and Fiscal Year 2017 Financial Results and Interim Dividend

Dec 06, 2017 21:05 pm UTC| Business

Quarterly interim dividend increased by 72 percent to $1.75 per share from the prior quarterLong term free cash flow target increased from 35 percent to 40 percent of net revenue Quarterly GAAP gross margin of 49.2...

Cray and NERSC Partnership to Drive Advanced AI Development at Scale

Dec 06, 2017 21:05 pm UTC| Business

SEATTLE, Dec. 06, 2017 -- Global supercomputer leader Cray Inc. (Nasdaq:CRAY) today announced the Company has joined the Big Data Center (BDC) at the Department of Energy’s National Energy Research Scientific Computing...

Rapid7 Named a Visionary in the Gartner Magic Quadrant for Security Information and Event Management

Dec 06, 2017 21:05 pm UTC| Business

BOSTON, Dec. 06, 2017 -- Rapid7 (NASDAQ:RPD), a leading provider of analytics solutions for security and IT operations, today announced it has been named a Visionary in Gartner’s 2017 Magic Quadrant for Security...

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Economy

Cleveland Fed President Warns of Ongoing Inflation Challenge

The U.S. continues to face an inflation problem, according to Cleveland Federal Reserve Bank President Beth Hammack, who spoke with The Wall Street Journal on Friday. Hammack, who opposed a December Fed decision to cut...

Rupee Marginally Weaker Amid Dollar Demand and RBI Intervention

The Indian rupee edged lower on Friday, trading at 86.5850 against the U.S. dollar by 09:55 a.m. IST, compared to its previous close of 86.55. The slight dip was driven by heightened dollar demand due to the maturity of...

China's Economic Resurgence: Strong Growth Signals a Bright Future Ahead

The Chinese economy had fared even better than its forecast of 5.0% at the same quarter last year with the report of an annualized increase of 5.4% in the fourth quarter of 2024. The increase came in contrast with previous...

Bull Market Optimism Persists Amid Historical Trends and Economic Growth

As the bull market enters its third year, the Sevens Report remains optimistic despite concerns over stretched valuations and geopolitical risks. The report cites factors such as robust economic growth, pro-growth policies...

Wall Street Slips as Apple Drags Tech Amid Mixed Economic Data

The SP 500 dipped Thursday as banking sector strength was overshadowed by a tech slump led by Apple. At market close, the Dow fell 0.2%, the SP 500 dropped 0.2%, and the NASDAQ slid 0.9%. Apple shares tumbled 4% after...

Politics

Mike Pence to Attend Donald Trump’s Inauguration Amid Strained Relations

Former U.S. Vice President Mike Pence plans to attend President-elect Donald Trumps inauguration on Monday, according to the New York Times. The report, citing sources familiar with the planning, noted that representatives...

GOP States File Lawsuit Against Biden's Offshore Drilling Restrictions

Republican-led states filed a lawsuit challenging outgoing President Joe Bidens recent ban on new offshore oil and gas development across most U.S. coastlines. Announced on January 6, the ban impacts 625 million acres of...

Trump Administration Plans Major Immigration Raid in Chicago

Donald Trumps incoming presidential administration is set to launch a large-scale immigration raid in Chicago the day after his inauguration, according to the Wall Street Journal. The operation, expected to begin Tuesday...

Trump’s Inauguration Moves Indoors Due to Extreme Cold

President-elect Donald Trumps inauguration on Monday will be held indoors at the U.S. Capitol Rotunda instead of outdoors, marking the first indoor ceremony in 40 years due to severe cold. Trump announced on Truth Social,...

Biden Commutes 2,500 Sentences in Historic Clemency Action

President Joe Biden, set to leave office next week, announced the commutation of sentences for nearly 2,500 individuals convicted of non-violent drug offenses. The action highlights his commitment to criminal justice...

Science

Double Moonshot: Japan’s ispace and Firefly Launch Lunar Missions

In a significant stride for lunar exploration, Japanese company ispace and U.S.-based Firefly Aerospace launched moon landers aboard a SpaceX rocket from Florida. This rare double mission highlights the growing competition...

Bill Gates’ Shocking New Malaria Solution Unveiled as Genetically Modified Mosquitoes Turn Into Flying Vaccinators

In a groundbreaking and controversial move, researchers funded by the Bill and Melinda Gates Foundation at Leiden University Medical Center have developed a revolutionary approach to combat malaria. The team has created...

Explosive CIA Whistleblower Claims Havana Syndrome Victims Face Cancer, Dementia, and Government Betrayal

A former CIA operative has come forward with alarming allegations, claiming that victims of the mysterious Havana Syndrome are now battling devastating health issues, including cancer, dementia, and Parkinsons disease. The...

FDA Approval of Opdivo Injection Sparks Hope for Cancer Patients with Revolutionary Treatment Update

In a significant advancement for cancer care, the U.S. Food and Drug Administration (FDA) has approved an injectable version of Bristol Myers Squibbs blockbuster cancer drug Opdivo. Branded as Opdivo Qvantig, the new...

From dead galaxies to mysterious red dots, here’s what the James Webb telescope has found in just 3 years

On this day three years ago, we witnessed the nail-biting launch of the James Webb Space Telescope (JWST), the largest and most powerful telescope humans have ever sent into space. It took 30 years to build, but in three...

Technology

SpaceX Starship Explosion Investigated After Caribbean Debris Fallout

The U.S. Federal Aviation Administration (FAA) and officials from the Turks and Caicos Islands are investigating SpaceXs Starship explosion, which sent debris across the northern Caribbean and forced flight diversions. The...

Trump's Inauguration Ushers in a Transformative Era for Cryptocurrency

President-elect Donald Trumps administration, featuring several pro-crypto appointees, is expected to influence U.S. policy on emerging technologies. The crypto industry, which has long faced regulatory challenges, hopes...

SpaceX Starship Breaks Apart After Launch, Disrupting Air Traffic

A SpaceX Starship rocket broke apart minutes after launching from Texas, disrupting airline flights over the Gulf of Mexico due to falling debris. The rocket, carrying its first test payload of mock satellites, lost...

TSMC Faces Challenges in Bringing Advanced Chipmaking to U.S.

Taiwan Semiconductor Manufacturing Co. (TSMC) is encountering significant hurdles in its effort to bring advanced chip production to its new $65 billion Arizona facilities. CEO C.C. Wei highlighted that compliance issues,...

Nintendo Unveils Switch 2 Console, Launch Expected This Year

Nintendo has announced the release of the highly anticipated Switch 2 console, a successor to its popular hybrid home-portable gaming device. The Kyoto-based company revealed plans to provide more details, including...