Archive for Lisa Williams

Supervalu Transitioning To Cage Free Eggs By 2025 (NYSE:SVU)

Supervalu is now the latest grocery chain to announce a transition to cage free eggs in the coming years. The company said that it would be selling all cage free eggs under its grocery retail banners by 2025. Supervalu has a network of 3,407 stores across the United States, including 1,871 independent stores, 1,336 Save-A-Lot […]

DSW Beats Estimates, Plans Expansion (NYSE:DSW)

DSW surpassed financial forecasts with its fourth quarter results, surprising investors and analysts. Wall Street forecast diluted earnings per share of 7 cents, while the company posted diluted earnings per share of 14 cents. The company’s fourth quarter profit declined more than 60 percent, to $11.8 million when compared with a year ago profit of […]

Broadcom Reaffirms 2nd Quarter Sales Estimates (NASDAQ:BRCM)

Broadcom has reaffirmed that its fiscal second-quarter sales would fall in line with previous estimates. For current period ending in April, the company predicted that its revenue for the quarter would be $3.53 billion, plus or minus $75 million. That is in line with the average analyst estimate of $3.56 billion in revenue. Gross margin, […]

Johnson & Johnson To Appeal $72M Jury Verdict (NYSE:JNJ)

Johnson & Johnson is reportedly planning to appeal a verdict by a Missouri state jury to pay $72 million in damages to the family of a woman who died from ovarian cancer. The Alabama woman, Jackie Fox, died from ovarian cancer allegedly caused by using the company’s Baby Powder and other products that contained talc […]

Popularity Of Binge On Boosts T-Mobile Profits (TMUS.O)

T-Mobile US Inc reported that its profits had nearly tripled in the fourth quarter of its fiscal year. For the fourth quarter, net income rose to $297 million, or 34 cents per share, from $101 million, or 12 cents per share, a year earlier. The average estimate of Wall Street analysts was for earnings of […]

Morgan Stanley Ends Fight Over Mortgage-backed Securities (NYSE:MS)

Morgan Stanley has struck a settlement with state and federal authorities over its role in the creation of mortgage-backed bonds prior to the financial crisis. In the years that preceded the crisis, a number of Wall Street banks purchased subprime mortgages and packaged them into bonds that ended up suffering significant losses. Morgan Stanley’s business […]

Chipotle Focuses On Food Safety To Lure Back Public (NYSE:CMG)

Chipotle Mexican Grill is heavily touting its focus on food safety in an effort to lure back customers after food-borne illness scares decimated its store traffic. Since July, Chipotle has experienced six food safety failures involving norovirus, salmonella and E. coli. More than 500 customers have reportedly become ill. The Centers for Disease Control and […]

Donald Trump Rally Turns Violent, Protester Injured

On Saturday, a rally for the Donald Trump campaign erupted in violence when rally attendees attacked a protester who disrupted Trump’s speech. The rally attendees shoved, tackled, punched and kicked the protester, reportedly causing numerous injuries. Trump is currently the Republican front-runner for the presidential nomination and there were several thousand supporters at the rally. […]

Cryotherapy Under Increased Scrutiny After Death

In recent years, cryotherapy has been increasing in popularity. The treatments have been used worldwide but are relatively new in the United States. The machines used for cryotherapy subject users to subzero temperatures. The treatments generally consist of two- to four-minute exposures to temperatures ranging from minus 166 to minus 319 degrees in a small […]

Expectant Mothers Get More Good News On Coffee Consumption

Coffee consumption during pregnancy has long been the subject of debate. Avoiding coffee has often been on the long list of items for expectant mothers to take under consideration for the health and well-being of the child growing inside her. Now, a recent study conducted by Nationwide Children’s Hospital in Columbus, Ohio has found that […]