Business


Select Comfort Corporation (NASDAQ:SCSS) Expected To Report Earnings On Wednesday

Several research analysts have recently issued reports on the stock. Net income was $24.5 million, up from $13 million in the same quarter a year ago. During the same period a year ago, the firm earned $0.01 earnings per share. Select Comfort Corp. The company's revenue for the quarter was up 46.0% on a year-over-year basis.


Wynne says housing measures will affect buyers and renters

Wynne says housing measures will affect buyers and renters

Sousa said he wants the federal government to close a "loophole" that allows so-called property scalpers to treat their profits as capital gains, which means only 50 per cent is taxable. Under the new rules, which took effect on January 1, first-time homebuyers don't pay any land transfer tax on the first $368,000 of a purchase price.


VA and CVS? MinuteClinic partnership tested to reduce veterans' wait times

VA and CVS? MinuteClinic partnership tested to reduce veterans' wait times

The Department of Veterans Affairs has announced that it is testing a new program with CVS Pharmacy that will allow some veterans to use their federal health benefits at CVS "MinuteClinics ". The fake reports covered up the fact that in some instances, veterans died while waiting for care. This sentiment is echoed by TriWest, one of VA's partners in administering the Veterans Choice Program.


GM halts operations in Venezuela after factory is seized

GM halts operations in Venezuela after factory is seized

A court in the Zulia state said it imposed a broad embargo on the assets of General Motors Venezolana, C.A., or GMV, which has been in operation for almost seven decades. GM will continue to provide aftermarket service and parts for its customers through its dealers, it added. Venezuela's auto industry has been in freefall, hit by a lack of raw materials stemming from complex currency controls and stagnant local production, and many plants are barely producing at all.


Verizon reports 20 pct fall in quarterly profit

Verizon reports 20 pct fall in quarterly profit

The stock, already down 8.3% so far this year, fell another 1.8% in premarket trading. The company offers wireless services on a postpaid and prepaid payment basis to retail subscribers and also on a wholesale basis. Earlier this year, the U.S.'s largest wireless carrier by subscribers unexpectedly brought back its unlimited wireless plans for the first time since 2011.


International Monetary Fund expects Cyprus' public debt to grow in 2017

International Monetary Fund expects Cyprus' public debt to grow in 2017

It also described financial markets as "buoyant" amid expectations of further stimulus in China, along with fiscal expansion in the United States . Chancellor Philip Hammond said: "The fundamentals of our economy are strong and we continue to invest in the skills needed for a stronger and fairer Britain".