New Zealand Q2 GDP Climbs 1.0% On Quarter

New Zealand’s gross domestic product expanded a seasonally adjusted 1.0 percent on quarter in the first three months of 2018, Statistics New Zealand said on Thursday.
RTT – Economic News

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Destination XL Narrows Losses in Second Quarter

Destination XL Group cut its losses in the second quarter as comparable-store sales rose and a spring advertising campaign paid dividends.
In the period ended Aug. 4, the Canton, Mass.-based big and tall men’s retailer said losses fell to $ 1.2 million, or 2 cents a diluted share, from $ 3.7 million, or 8 cents a share, in the same quarter last year. Comparable-store sales rose 3.3 percent in the period while total sales rose 0.9 percent to $ 122.1 million, up from $ 121.1 million last year.
On a non-GAAP basis, adjusted net income for the second quarter was 1 cent a diluted share, as compared to adjusted net loss of 3 cents a diluted share for the prior-year second quarter. Adjusted earnings before interest, taxes, depreciation and amortization for the second quarter was $ 8.8 million compared to $ 6.7 million in the prior-year quarter.
David Levin, president and chief executive officer, noted that this was the third consecutive quarter of comparable-store sales growth for the 343-unit chain. “The performance was broad-based across channels and all regions of the country and was achieved with 8.4 percent less inventory than we had a year ago. This was another quarter of successful execution against our strategic initiatives and we are well positioned for continued progress

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Smith & Wesson’s strong quarter stuns Wall Street

Maybe there’s hope for gun companies, after all. Smith & Wesson parent American Outdoor Brands stunned Wall Street on Friday with unexpectedly strong quarterly results and a brighter financial outlook, sending its stock soaring 44 percent. The Springfield, Mass., company said profits surged as it cut costs and inventory, even as demand for new gun…
Business | New York Post

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New Zealand Producer Price Outputs Climb 0.9% On Quarter In Q2

Producer price outputs in New Zealand were up 0.9 percent on quarter in the second quarter of 2018, Statistics New Zealand said on Friday.
RTT – Economic News

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New Zealand Q2 Producer Price Outputs Rise 0.9% On Quarter

Producer price outputs in New Zealand climbed 0.9 percent on quarter in the second quarter of 2018, Statistics New Zealand said on Friday.
RTT – Economic News

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Money Mondays: GDP Growth Was Great Last Quarter – What Can We Expect Going Forward?

Today we are talking about the economy? The numbers looked good last quarter. What is driving it?

The economy certainly seems to be in high gear at the moment.  On Friday, the Commerce Department reported that gross domestic product – a figure that measures goods and services produced in the economy – grew 4.1 percent in the second quarter of 2018. A number of factors contributed to this growth.  First, consumer spending, which accounts for 2/3 of economic activity in the US economy, continued to be strong.  Americans opened up their wallets last quarter, buying cars, electronics and clothes, eating out and traveling.  All of this despite low wage growth and rising gas price.

Additionally, the effects of the 2017 tax cut continue to make their way through the economy, and government spending has helped to fuel higher rates of growth.

Should we expect this to continue?

The fundamentals of the economy continue to be strong. Unemployment is very low, corporate profits are high, manufacturers are seeing strong demand for products, and exports have ramped up in recent quarters. Some analysts are increasingly confident that the US economy could see 3 percent annual growth for the first time since the Great Recession. Yet others are not so sure, believing these strong GDP numbers may be short-lived. They point to a number of risks on the horizon that could have negative consequences for the economy, including the looming threat of protectionist trade policy, rising consumer debt, and struggling wage growth.

What types of warnings signs are we seeing?

Given the role consumer spending plays in fueling our economy, the signs that Americans are overextending themselves could have big consequences. Currently, consumer spending has been growing faster than take home pay, meaning that Americans are saving less and, in many cases, taking on more debt. Savings as a percentage of disposable income is 3.2%, near its all-time low of 1.9% in 2005. After ten years of moving in the right direction – canceling cards and paying off debt –people are once again breaking out the plastic and starting to struggle to pay them back. As people save less and spend more on accrued debt, that threatens consumer spending on other things.

 

The trade war also looms large. While the effects of the current tariffs the White House has levied seem to have had a small effect on growth, future tensions could quickly ripple through the economy. Last quarter, exports grew by 9.3 percent, accounting for a quarter of the total G.D.P. growth. Looking forward, we are unlikely to see a continuation of that trend. As a result of continuing trade disputes, exports will almost certainly fall in coming quarters, and may drag down overall G.D.P. growth rather than boosting it.

What does all of this mean for everyday Americans?

Well Tom, the tight labor market should continue to benefit everyone. Not only does it mean steady, if not spectacular wage growth, but we are likely to see more Americans who had stopped looking or who were only able to get part-time work participate in the labor force. For those of us are invested in the stock market, the continued strength of corporate America is also good news.

There are some negatives that are on the horizon too. Due to the strong fundamentals, the Fed is expected to continue to steadily raise interest rates. This will make borrowing money – for a house, for a card, your credit card debt – more expensive. In addition, higher tariffs mean more expensive goods for consumers on everything from agricultural imports to electronics to washing machines.

In general, the current strong economy is good news and should benefit most Americans. However, the current rate of growth is not something we can take entirely for granted.

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Amazon revenue jumps 39 percent in second quarter

Amazon reported a 39 percent jump in second-quarter revenue on Thursday, driven by a surge in online shopping and higher demand for its cloud services. The company said its net sales rose to $ 52.89 billion from $ 37.96 billion a year earlier. Net income rose to $ 2.53 billion, or $ 5.07 per share, in the second quarter…
Technology News & Reviews | New York Post

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HTC lays off nearly a quarter of its entire workforce

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Smartphone maker HTC is laying off 22 percent of its entire workforce. 

The company has seen a string of terrible quarterly results as the business has been battling poor sales and undergoing reorganization efforts in an attempt to return to profitability.

According to Reuters, around 1,500 workers from HTC’s Taiwan manufacturing division will lose their jobs. These layoffs are in addition to to earlier layoffs at the company’s U.S. offices as part of part of a restructuring that combined its smartphone and VR divisions. Also, earlier this year, separate from the layoffs, HTC sold its smartphone design team to Google for $ 1.1 billion. The smartphone manufacturer employed 6,450 people as of June. Read more…

More about Business, Smartphones, Htc, Layoffs, and Tech


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Manhattan real estate has worst second quarter since financial crisis

A huge pipeline of new condos,  a dwindling number foreigner buyers, volatile stock markets and tax changes that make New York less attractive may be hurting Manhattan real estate sales. 
Real Estate

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New Zealand GDP Gains 0.5% On Quarter, +2.7% On Year In Q1

New Zealand’s gross domestic product expanded 0.5 percent on quarter in the first three months of 2018, Statistics New Zealand said on Thursday.
RTT – Economic News

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Economic growth for second quarter is on track to double 2017’s full-year pace

In its most recent forecast, the Atlanta Fed said the three-month period is tracking at a 4.6 percent gain.
Economy

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First Look: “The Third Quarter” | Tyler Perry’s The Haves and the Have Nots | Oprah Winfrey Network

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http://www.acrx.org -As millions of Americans strive to deal with the economic downturn,loss of jobs,foreclosures,high cost of gas,and the rising cost of prescription drug cost. Charles Myrick ,the President of American Consultants Rx, announced the re-release of the American Consultants Rx community service project which consist of millions of free discount prescription cards being donated to thousands of not for profits,hospitals,schools,churches,etc. in an effort to assist the uninsured,under insured,and seniors deal with the high cost of prescription drugs.-American Consultants Rx -Pharmacy Discount Network News

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Cable giant Discovery loses $8M in first quarter

Discovery Inc. swung to a loss in the first quarter, hit by hefty costs linked to its purchase of Scripps Network Interactive and its deal to raise its stake in Oprah Winfrey’s network OWN. Chief Executive David Zaslav told investors that the quarter was “historic” and “pivotal” for the company, which closed its $ 14.6 billion…
Business | New York Post

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Amgen posts higher first quarter profit as sales rise 3 percent

The drugmaker's profits were driven by lower taxes and an increase in product sales of newer drugs.

Health Care

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A wander near Ronda: Spain’s empty quarter

Andalucía’s first parque natural is pretty unknown, yet Sierra de Grazalema is a stunning wild place of peaks, gorges, hilltop villages and vultures

A goat farmer told me no one swims in the lake at Zahara de la Sierra because it’s full of fish with crocodile heads. Is that why I’m the only person in 128 sq km of cool water on a very hot day? I later learn that this manmade lake (embalse), the mountain ranges to the south of it, and the cliffs, gorges, flower meadows, forests and caves all around are simply, for the most part, empty. Spain has a surplus of staggeringly beautiful wild spaces, but this one – almost 54,000 hectares north-east of Cadiz, overflowing into the province of Málaga – became the country’s first Unesco biosphere reserve in 1977. And Sierra de Grazalema became Andalucía’s first parque natural in 1984.

Continue reading…
Travel | The Guardian

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The economy looks weak in the first quarter, but better days are coming

First-quarter growth will be nowhere close to some projections, but the rest of the year still looks fine.
Economy

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Australia Export Prices Rise 2.8% On Quarter In Q4

Export prices in Australia were up 2.8 percent on quarter in the fourth quarter of 2017, the Australian Bureau of Statistics said on Thursday.
RTT – Economic News

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Bristol-Myers sees $3 billion tax hit in fourth quarter 2017

The expense is primarily related to taxes on unremitted offshore earnings, the company said.
Health Care

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Expedia reports awful quarter after its CEO leaves for Uber

Dara Khosrowshahi knows when to get out of Dodge. The former chief executive of Expedia — who jumped ship to take the top job at Uber in August — just missed a stunningly awful quarter for the travel website. Expedia’s shares sank 15.9 percent on Friday to $ 123.79 after it slashed its 2017 profit outlook…
Tech | New York Post

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Roomba-maker reports strong quarter despite competition

Although it has a shark nipping at its heels, Roomba-maker iRobot reported third-quarter financial results that beat analyst estimates. The earnings achievement — driven in part by 22 percent revenue growth — comes as iRobot faces competition from lower-cost rivals. But iRobot isn’t worried. In remarks released ahead of Wednesday’s earnings call, CEO Colin Angle…
Tech | New York Post

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Cramer breaks down the Dow’s top 10 drivers from last quarter

Jim Cramer looks into the group of stocks that drove the Dow Jones' gains in the third quarter.
Health Care

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Wall Street ends third quarter on a high note over tax reform

Wall Street ended the third quarter with a roar, buoyed by a rally in tech stocks and lingering hopes of tax reform. All three indexes ended in the green Friday with the S&P 500 and Nasdaq hitting record highs. “People feel confident that we’ll get tax reform — at least at the corporate level,” Peter…
Business | New York Post

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How to Plan For Success in Your Next Quarter

quarter

When it comes to running a business, the end of each quarter is the perfect time to measure progress on your annual goals, reflect, and plan for future success.

Here are seven steps to getting started:

 

quarter (Image: iStock/Pinkypills)

 

1. Assess your business performance 

 

Take a look back at the business goals you set at the beginning of the year. What’s working? What’s not working? Review sales for products or services. Is one item selling more than others? Should you discontinue or enhance your offerings. Update your quarterly goals against the yearly plan. Do you need to pivot from your original plan? Do you need to purchase additional resources or hire support staff to meet your goals?

 

2. Evaluate your website

 

Review everything from your traffic and web page functionality to sales funnel conversion rate.

 

3. Gather feedback and testimonials from past clients and customers

 

Check in with past clients and ask for testimonials or ratings on industry forums or review sites like Yelp, LinkedIn, Trip Advisor, etc. Include any positive feedback on your website and share it via your social media channels.

 

4. Monitor your online reputation

 

Google yourself quarterly to make sure there aren’t any damaging things about your brand or business. Also, set a Google Alert for your name so that when your name is published online, you’ll be notified via email.

 

5. Nurture your network

 

Have you established a rapport online with a potential business contact? Are you ready to turn a connection into a business relationship or collaboration? Email your contact and schedule time on your calendar for follow-up. Additionally seek to add value to your relationships by supporting their events, making a killer virtual introduction for them, sharing their work or commenting on their articles.

 

6. Develop a three-month content marketing plan

 

Remember, winging it is not a strategy—especially on social media. Consistency is the true foundation of trust, so get ahead of yourself by batch creating your blog posts, newsletters, and marketing flyers. Then use an auto-schedule tool like Hootsuite and Later (Instagram only).

 

7. Fire yourself from what’s not working

 

Listen, if you think you’re saving money by doing everything yourself but you’re spending more time fixing mistakes than making progress, it’s time to fire yourself. Consider hiring a virtual assistant, intern, or freelancer.

 

Small Business – Black Enterprise

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Fox News boosts parent revenue 10 percent in 4th quarter

Twenty-First Century Fox reported on Wednesday that it rode a 10.4 percent revenue boost in its cable segment, led by Fox News, to eke out a 1.5 percent sales gain for its fiscal fourth quarter. The increase, partially offset by declines in Fox’s TV and film areas lifted total revenue to $ 6.75 billion. Earnings per…
Media | New York Post

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US productivity jumps in the second quarter, while labor costs softened

U.S. worker productivity rose more than expected in the second quarter but the trend remained weak, suggesting that robust economic growth could remain elusive.
Economy

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ITA? UNIBANCO: Profit Should Rise 7.6% In The Second Quarter – Analysts

Ita? Unibanco’s recurring net income should grow 7.6% in the second quarter from a year before, to R$ 5.94 billion, in a moment of pressured financial margins and weak demand for credit, according to an average of analysts estimates. The bank will release its results today after the market close in Brazil.
RTT – Economic News

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Fits Pro Trail Performance Quarter Socks

Fits Pro Trail Performance Quarter Socks


Get Your FITS…and hit the trail! The Fits Pro Trail Performance Quarter Socks offer all the performance you expect from Merino Wool with a cushioned bottom and vented upper for reduced bulk. The performance top offers amazing ankle protection whether you’re biking, hiking, trekking or running. It’s simple: Your foot stays in; rocks stay out. Full Contact Fit: Dynamic Toe Cup: contours to the shape of your toes Heel Lock: super deep heel pocket with ample cross stretch locks the sock on your heel Full Contact Cuff: stays in place due to a tighter ankle and looser calf (proper gradience) Additional Features: Performance Cut: between a quarter and crew height Vented upper and instep for increased breathability and reduced bulk Lightweight design with cushioning in the heel, toe and bottom of foot Made in the USA Fabric: 58% Wool/32% Nyl
List Price: $ 17.99
Price: $ 17.99

FITS Pro Trail Performance Quarter Sock

FITS Pro Trail Performance Quarter Sock


Get Your FITS…and hit the trail! FITS Trail offers all the performance you expect from Merino Wool with a cushioned bottom and vented upper for reduced bulk. The performance top offers amazing ankle protection whether you’re biking, hiking, trekking, or running. It’s simple: Your foot stays in; rocks stay out. Extended quarter top. Comfort toe seam. Breatheable air vents. Double welted for added ankle protection. Cushion sole. Engineered with Full Contact FIT giving you the perfect fit in all dynamic situations.FITS Full Contact FitFITS are engineered to work with any shoes, perfectly molding to the shape of your foot and leg. It’s called the FITS Full Contact Fit. FITS uses a super-fine Merino Wool, specialized knitting, and devotion to making the highest quality product. Full Contact Cuff: FITS are designed to follow the contours of your foot, form-fitting comfortably next to your skin without falling down your calf or bunching up around your arch. Dynamic Toe Cup: Conforms to the natural shape of the toes for a perfect fit, eliminating extra bulk. Heel Lock: The Deep Heel Pocket with reinforced heel utilizes a patented Y-shaped stitch that secures your heel in place, preventing the sock from sliding, thus eliminating hot spots and blisters.FITS = True AmericanaKnitting socks in Niota, TN since 1902, Crescent Sock Co. endured the ups and downs that shaped the character of America’s people and her textiles industry. The family-owned company remains committed to its vision, its people, and to keeping jobs in the Tennessee Valley. Their socks are constructed from two-ply, compact-spun, ultra-fine Merino Wool, providing the ultimate blend of softness and durability.
List Price: $ 17.95
Price: $ 17.95

FITS Light Trail Quarter Sock

FITS Light Trail Quarter Sock


Get Your FITS…and hit the trail! FITS Ultra Light Trail offers all the performance you expect from Merino Wool with a vented upper for reduced bulk. The performance top offers amazing ankle protection whether you’re biking, hiking, trekking, or running. It’s simple: Your foot stays in; rocks stay out. Comfort toe seam. Select cusioned sole. Extended quarter top. Double welted for added ankle protection. Engineered with Full Contact FIT giving you the perfect fit in all dynamic situations.FITS Full Contact FitFITS are engineered to work with any shoes, perfectly molding to the shape of your foot and leg. It’s called the FITS Full Contact Fit. FITS uses a super-fine Merino Wool, specialized knitting, and devotion to making the highest quality product. Full Contact Cuff: FITS are designed to follow the contours of your foot, form-fitting comfortably next to your skin without falling down your calf or bunching up around your arch. Dynamic Toe Cup: Conforms to the natural shape of the toes for a perfect fit, eliminating extra bulk. Heel Lock: The Deep Heel Pocket with reinforced heel utilizes a patented Y-shaped stitch that secures your heel in place, preventing the sock from sliding, thus eliminating hot spots and blisters.FITS = True AmericanaKnitting socks in Niota, TN since 1902, Crescent Sock Co. endured the ups and downs that shaped the character of America’s people and her textiles industry. The family-owned company remains committed to its vision, its people, and to keeping jobs in the Tennessee Valley. Their socks are constructed from two-ply, compact-spun, ultra-fine Merino Wool, providing the ultimate blend of softness and durability.
List Price: $ 13.56
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FITS Light Hiker Quarter Sock

FITS Light Hiker Quarter Sock


Get Your FITS…and take a hike! The Light Hiker is cushioned from heel to toe and contours to your foot, keeping you comfortable by utilizing Merino Wool’s natural ability to manage moisture and regulate temperature while trailblazing. Fully cushioned sole. Comfortable flat knit duarable toe seam. Extra strenth in the heel for long wearing use. Durable construction. Engineered with Full Contact FIT giving you the perfect fit in all dynamic situations.FITS Full Contact FitFITS are engineered to work with any shoes, perfectly molding to the shape of your foot and leg. It’s called the FITS Full Contact Fit. FITS uses a super-fine Merino Wool, specialized knitting, and devotion to making the highest quality product. Full Contact Cuff: FITS are designed to follow the contours of your foot, form-fitting comfortably next to your skin without falling down your calf or bunching up around your arch. Dynamic Toe Cup: Conforms to the natural shape of the toes for a perfect fit, eliminating extra bulk. Heel Lock: The Deep Heel Pocket with reinforced heel utilizes a patented Y-shaped stitch that secures your heel in place, preventing the sock from sliding, thus eliminating hot spots and blisters.FITS = True AmericanaKnitting socks in Niota, TN since 1902, Crescent Sock Co. endured the ups and downs that shaped the character of America’s people and her textiles industry. The family-owned company remains committed to its vision, its people, and to keeping jobs in the Tennessee Valley. Their socks are constructed from two-ply, compact-spun, ultra-fine Merino Wool, providing the ultimate blend of softness and durability.
List Price: $ 17.95
Price: $ 17.95

FITS Pro Trail Performance Quarter Sock

FITS Pro Trail Performance Quarter Sock


Get Your FITS…and hit the trail! FITS Trail offers all the performance you expect from Merino Wool with a cushioned bottom and vented upper for reduced bulk. The performance top offers amazing ankle protection whether you’re biking, hiking, trekking, or running. It’s simple: Your foot stays in; rocks stay out. Extended quarter top. Comfort toe seam. Breatheable air vents. Double welted for added ankle protection. Cushion sole. Engineered with Full Contact FIT giving you the perfect fit in all dynamic situations.FITS Full Contact FitFITS are engineered to work with any shoes, perfectly molding to the shape of your foot and leg. It’s called the FITS Full Contact Fit. FITS uses a super-fine Merino Wool, specialized knitting, and devotion to making the highest quality product. Full Contact Cuff: FITS are designed to follow the contours of your foot, form-fitting comfortably next to your skin without falling down your calf or bunching up around your arch. Dynamic Toe Cup: Conforms to the natural shape of the toes for a perfect fit, eliminating extra bulk. Heel Lock: The Deep Heel Pocket with reinforced heel utilizes a patented Y-shaped stitch that secures your heel in place, preventing the sock from sliding, thus eliminating hot spots and blisters.FITS = True AmericanaKnitting socks in Niota, TN since 1902, Crescent Sock Co. endured the ups and downs that shaped the character of America’s people and her textiles industry. The family-owned company remains committed to its vision, its people, and to keeping jobs in the Tennessee Valley. Their socks are constructed from two-ply, compact-spun, ultra-fine Merino Wool, providing the ultimate blend of softness and durability.
List Price: $ 17.95
Price: $ 17.95

ZIPP QuickView TT Cycling Computer Mount Quarter Turn/TwistLock

ZIPP QuickView TT Cycling Computer Mount Quarter Turn/TwistLock


Zipp delivers an uncomplicated computer mount for aero-bar extensions that’s easy to install, lightweight and — above all — vibration and slip free.22.3mm Clamp SizeFits most Aero Bar ExtensionsQuarter-Twist MountingDesigned for left side installation but will fit on right side.18 gramsNew
List Price: $ 20.00
Price: $ 20.00

Fat Quarter Shuffle

Fat Quarter Shuffle


The 13 projects included in this guide finally give quilters a use for their fat quarters, while allowing them to experiment with fresh new fabrics. By switching out the six fat quarters and background fabrics, quilters can create a wide and creative range of looks from the traditional to the contemporary. This book is destined to be a go-to resource for readers–whether experienced quilters or confident beginners–who want to use the materials they already have at hand to conjure up diverse, unique projects, from standard quilts to bed runners and even handbags.

Price: $
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