Ulta Beauty beat quarterly profit estimates on Thursday, driven by sales of higher-margin cosmetics products, sending the retailer’s shares up over 11% in extended trading. The near 30-year-old company has capitalized on booming demand for celebrity-led beauty brands, which are usually priced at a premium, and has attributed cosmetics lines from Kylie Jenner and YouTuber
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The “Fast Money” traders shared their first moves for the market open. Tim Seymour was a buyer of American Airlines. Karen Finerman was a buyer of Ulta. Dan Nathan was a seller of the Energy ETF. Guy Adami was a buyer of Blackstone.  Disclosure Trader disclosure: Guy Adami is long CELG, EXAS, GDX, INTC. Guy Adami’s
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A WeWork office in San Francisco Kate Munsch | Reuters WeWork’s dramatic fall has led to SoftBank CEO Masa Son’s questioning his own judgement, but one analyst still believes the bank will come out on top eventually with the massive investment in the reeling space-sharing company. “Despite the huge embarrassment WeWork has been for SoftBank this
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Style Theory, a platform for renting designer apparel in Indonesia and Singapore, announced today it has raised $15 million in Series B funding. The startup says this is the first closing of the round. It was led by SoftBank Ventures Asia, the early-stage venture arm of SoftBank Group, with participation from other investors, including Alpha
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RH, the company formerly known as Restoration Hardware, posted fiscal third-quarter earnings Wednesday that topped analysts’ estimates, but left its forecast for the current quarter largely unchanged. RH shares were recently trading slightly higher in extended trading Wednesday, but the stock had been down earlier. Here’s how the company with Wall Street’s expectations, according to
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What to buy for the frequent-flying road warrior who sees it all in their travels? Here are creative gadgets that can make upcoming 2020 travel that much more comfortable. Wireless earphones: Nuheara’s IQbuds Boost Nuheara IQbuds Boost Courtesy of Nuheara. Eliminate the endless noise pollution of airports, planes, trains and city life with these wireless
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Steven Mnuchin, U.S. Treasury secretary, speaks during a press briefing at the White House in Washington, D.C., U.S., on Monday, July 15, 2019. Al Drago | Bloomberg | Getty Images Treasury Secretary Steven Mnuchin on Thursday agreed that the World Bank should expel China from a supportive loan program that helps middle- and low-income nations
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Entrepreneurs who work at H Street Greenhouse in Washington, D.C. Kerry Hannon Question: Are business co-working spaces for midlife entrepreneurs taking off? Answer: Not yet. But… stay tuned. Here’s why: In Washington, D.C., something called the H Street Greenhouse is developing a model boutique co-working space for midlife entrepreneurs that offers a tantalizing alternative to
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