Investors got a welcome surprise, as the stock had been dropping in the week leading up to the earnings report, but Five Below is executing at a high level despite the supply chain issues challenging many retailers right now. The stock is not cheap, trading at a relatively high price-to-earnings ratio of roughly 40, but more results like we just saw could support a higher stock price looking ahead to 2022.
Taiwan's incoming premier announced on Tuesday he had appointed a senior executive from TSMC supplier Topco Scientific as economy minister, saying he would be tasked with resolving the persistent problem of stable power supplies. Taiwan Semiconductor Manufacturing Co is the world's largest contract chipmaker and the chip industry is the backbone of Taiwan's export-dependent economy. Cho Jung-tai, who will not take over as premier until president-elect Lai Ching-te is inaugurated on May 20, told reporters the chairman of semiconductor material supplier Topco Group, J.W. Kuo, would be the economy minister, replacing Wang Mei-hua, a lawyer by training.
BANGKOK (AP) — Asian shares skidded Tuesday following a slump on Wall Street after higher yields in the U.S. bond market cranked up pressure on stocks. The Shanghai Composite index lost 1.4% to 3,013.84 even though the Chinese government reported that the economy grew at a faster-than-forecast annual rate of 5.3% in the first quarter of the year. In quarterly terms it expanded at a 1.6% pace. The Hang Seng in Hong Kong lost 1.9% to 16,279.66. Tokyo's Nikkei 225 fell 2.1% to 38,402.59 as the doll
The home side were four goals up in the second half when Nicolas Jackson and Noni Madueke caused the unsavoury scene.
House Speaker Mike Johnson says he is sending impeachment charges against Alejandro Mayorkas to the Senate on Tuesday, forcing senators to convene a trial on the allegations that the Homeland Security secretary has “willfully and systematically” refused to enforce existing immigration laws. While the Senate is obligated to convene a trial under the rules of impeachment once the charges are walked across the Capitol, Democrats are expected to try to dismiss or table the charges before the arguments get underway. Majority Democrats have said the GOP case against Mayorkas doesn’t rise to the “high crimes and misdemeanors” laid out as a bar for impeachment in the Constitution, and Senate Majority Leader Chuck Schumer, D-N.Y., likely has enough votes to end the trial immediately if he decides to do so.
Kate Martin traveled to the WNBA draft to support her Iowa teammate Caitlin Clark and ended up getting drafted by the Las Vegas Aces. Martin was selected 18th overall by the defending champions. “There are a lot of emotions right now,” Martin said in an interview on ESPN.
Helvetia Holding ( VTX:HELN ) Full Year 2023 Results Key Financial Results Revenue: CHF9.23b (up 12% from FY 2022). Net...
Evonik Industries AG ( ETR:EVK ) shareholders should be happy to see the share price up 11% in the last month. But that...
EDMONTON, Alberta (AP) — Connor McDavid has achieved something only three other people in the NHL have ever done. The Edmonton Oilers captain, who missed his team’s last three games with an undisclosed injury, recorded his 100th assist of the season in Monday’s game against the visiting San Jose Sharks. Wayne Gretzky did it 11 times, while Bobby Orr and Mario Lemieux each got there once. McDavid hit the milestone with 4:25 left in the second period against the Sharks. The captain outwaited a spr
Jose Miranda and the Twins take on Cedric Mullins and the Orioles on Jackie Robinson Day, April 15, 2024
LOS ANGELES (AP) — Kirill Kaprizov had a goal and an assist, and the Minnesota Wild beat Los Angeles 3-1 on Monday night, ending the Kings’ eight-game home winning streak. Matt Boldy and Ryan Hartman also scored for the Wild, who had been outscored 13-3 in their previous two games against the Kings. Filip Gustavsson made 28 saves. Blake Lizotte scored and Cam Talbot allowed three goals on 25 shots as the Kings lost firm control of their path to third place in the Pacific Division. They are one p
After several difficult years, the Army and Air Force say they are on track to meet their recruiting goals this year, reversing previous shortfalls using a swath of new programs and policy changes. With half a year to go in the recruiting year, Army Secretary Christine Wormuth said she is optimistic about hitting the 55,000 enlistment goal and getting an additional 5,000 recruits for the delayed entry pool that would come in during the next year or so. “Right now we are 5,000 contracts ahead of where we were compared to this time last year,” Wormuth said in an interview with The Associated Press.
Greensboro police release videos in connection to shooting death of man who had BB gun and toy pistol
Key Insights Given the large stake in the stock by institutions, Sensirion Holding's stock price might be vulnerable to...
INDIANAPOLIS (AP) — Indiana allows so few abortions that health officials stopped releasing individual reports to protect patient privacy — a move some Republicans are now fighting to reverse. The Republicans, including prominent candidates for office this year, want access to reports detailing each abortion still performed in the state. Advocates for abortion rights and some state officials warn that would jeopardize the privacy of physicians and patients who can only receive abortions under st
The Kings' chances of finishing third in the Pacific Division fall into peril with a 3-1 loss to Minnesota that keeps them just one point ahead of Vegas.
WASHINGTON (AP) — The Supreme Court on Tuesday is taking up the first of two cases that could affect the criminal prosecution of former President Donald Trump for his efforts to overturn his election loss in 2020. Hundreds of charges stemming from the Capitol riot also are at stake. The justices are hearing arguments over the charge of obstruction of an official proceeding. That charge, stemming from a law passed in the aftermath of the Enron financial scandal more than two decades ago, has been
DES MOINES, Iowa (AP) — Stung by paying billions of dollars for settlements and trials, chemical giant Bayer has been lobbying lawmakers in three states to pass bills providing it a legal shield from lawsuits that claim its popular weedkiller Roundup causes cancer. Nearly identical bills introduced in Iowa, Missouri and Idaho this year — with wording supplied by Bayer — would protect pesticide companies from claims they failed to warn that their product causes cancer, if their labels otherwise c
EDMONTON — Warren Foegele had two goals and Adam Henrique and Dylan Holloway each had a goal and two assists as the Edmonton Oilers closed out the home portion of their regular-season schedule with some panache, squashing the San Jose Sharks 9-2 on Monday. Connor McDavid had a goal and added his 100th assist of the season, while Corey Perry, Cody Ceci, Evan Bouchard and Zach Hyman all scored for the Oilers (49-25-6) who snapped a two-game losing streak. Edmonton has gone 11-1-2 in its last 14 ho
NEW YORK (AP) — It's a moment in history — the first U.S. president facing criminal charges in an American courtroom. Yet only a handful of observers are able to see or even hear what is going on. Instead, most of the nation is getting news of former President Donald Trump's hush money trial secondhand. Starting with preliminary motions and jury selection Monday, reporters in a Manhattan courtroom must convey what is being said to the outside world after the fact. That's all because New York sta
OAKLAND, Calif. (AP) — Sonny Gray struck out six and didn't walk a batter over six scoreless innings to beat his former club, and Willson Contreras doubled twice and drove in a run for the St. Louis Cardinals in their 3-1 win against the Oakland Athletics on Monday night. Nolan Arenado hit an RBI single in the first to stake Gray (2-0) to an early lead against an Oakland team that had won three of four and drew a crowd of 5,508. Esteury Ruiz was called up by Oakland shortly before first pitch fr
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