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1-800-FLOWERS.COM, Inc. to Present at the Needham Emerging Technology Conference on Tuesday, May 15, 2018

May 11, 2018 pressofatlanticcity Leave a Comment

CARLE PLACE, N.Y.--(BUSINESS WIRE)--May 11, 2018--1-800-FLOWERS.COM, Inc. (NASDAQ: FLWS), a leading gourmet food and floral gift provider for all occasions, today announced that Chris McCann, President and CEO, will present at the Needham Emerging Technology Conference on Tuesday, May 15, 2018 at the Westin Grand Central Hotel in New York. The Company’s presentation is scheduled to begin at 12:50 pm EDT. A live audio webcast of the presentation will be available via a link available at the Investor Relations events section of the Company’s website at www.1800flowersinc.com.About , Inc.1-800-FLOWERS.COM, Inc. is a leading provider of gifts for all celebratory occasions. For the past 40 years,  1-800-Flowers.com ® has been helping deliver smiles to customers with a 100% Smile Guarantee® backing every gift. The 1-800-FLOWERS.COM, Inc. family of brands also includes everyday gifting and entertaining products from  Harry & … [Read more...] about 1-800-FLOWERS.COM, Inc. to Present at the Needham Emerging Technology Conference on Tuesday, May 15, 2018

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4 Reasons the Bears are Wrong About JD.com

May 11, 2018 foxbusiness Leave a Comment

Published May 11, 2018 Markets Motley Fool Facebook Twitter Comments Print Shares of JD.com (NASDAQ: JD) fell 5% on May 9 after the Chinese e-commerce company reported a mixed first quarter. Its revenue rose 33% annually to 100.1 billion RMB ($16 billion), beating estimates by 1.2 billion RMB. However, its non-GAAP net earnings fell 23% to 0.71 RMB ($0.11) per ADS, missing expectations by 0.11 RMB. That earnings miss was attributed to its cost of revenues jumping 33.5% annually and outpacing its revenue growth. Its fulfillment expenses climbed 39.3%, marketing expenses rose 24.7%, and technology/content expenses jumped 87.2% due to heavy investments. Continue Reading Below As a result, JD reported a negative free cash flow of negative 8.8 billion RMB ($1.6 billion), and its adjusted EBITDA slid 16% to 1.9 billion RMB ($298 million). Those numbers likely drew some bears to the stock, which has fallen more than 10% this year. The bears often claim that JD, … [Read more...] about 4 Reasons the Bears are Wrong About JD.com

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Despegar.com Is Still Waiting to Take Off

May 11, 2018 foxbusiness Leave a Comment

Published May 10, 2018 Markets Motley Fool Facebook Twitter Comments Print Sometimes even a solid earnings beat isn't enough to stir up interest in one of last year's forgotten debutantes. Argentina's Despegar.com (NYSE: DESP) posted better-than-expected financial results on Thursday morning, but its stock continues to meander near last year's IPO price. The Latin America online travel specialist saw its revenue rise 22% to $148.6 million for its first quarter, fueled by a 21% uptick in gross bookings. Net income clocked in at $16.4 million, or $0.24 a share, up 35% compared to the prior year's results on a pro forma basis. It was a solid beat on both ends of the income statement, as analysts were targeting a profit of just $0.21 a share on $143.5 million in revenue. Continue Reading Below Wall Street didn't care. The stock opened marginally higher following the healthy earnings report, only to find itself in negative territory a few hours into the … [Read more...] about Despegar.com Is Still Waiting to Take Off

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ShelterZoom Announces Partnership With View.com.au

May 10, 2018 pressofatlanticcity Leave a Comment

NEW YORK--(BUSINESS WIRE)--May 10, 2018--ShelterZoom, creator of the first blockchain-based, real estate offer/acceptance and rental solutions, today announced a partnership with View.com.au, a premier real estate portal provider in Australia. The partnership makes View.com.au – which has more than 80 percent of all Australian property listings – the first property search portal/aggregator to employ blockchain.The partnership kicks off in June with a Rent NOW pilot project involving a small number of View’s key clients. Rent NOW has a widget that can be installed on any real estate rental website which enables a prospective tenant to instantly submit a secure rental offer on a property, generating Ethereum smart contracts. The widget will initially be deployed on those clients’ rental property listings on view.com.au and then rolled out to all rental listings upon successful completion of the pilot. Offer NOW, ShelterZoom’s related offer and acceptance … [Read more...] about ShelterZoom Announces Partnership With View.com.au

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Shares of Cars.com Inc. Drop 9% After Falling Short on the Bottom Line

May 9, 2018 foxbusiness Leave a Comment

Published May 09, 2018 Markets Motley Fool Facebook Twitter Comments Print What happened Shares of Cars.com Inc. (NYSE: CARS), an online marketplace for buying and selling new and used vehicles, are down 9.4% as of 3:30 p.m. EDT Wednesday, after the company's bottom line failed to meet Wall Street estimates during the first quarter. Continue Reading Below So what Total revenue increased 4%, compared to the prior year, to $160 million, which topped analysts' estimates polled by FactSet calling for $155.3 million. The bottom line was a different story with the company's adjusted earnings checking in at $0.39 per share, far below analysts' estimates of $0.57 per share. Other highlights show some growth in key metrics such as a 9% year-over-year increase in average monthly unique visitors and 22% growth in mobile traffic. "I am pleased with the rapid progress we have made on our strategic growth initiatives," said Alex Vetter, president and chief executive … [Read more...] about Shares of Cars.com Inc. Drop 9% After Falling Short on the Bottom Line

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