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After Hefner, the Playboy Mansion's legacy lives on
Inside the historic Playboy Mansion, there are six lavish bedrooms, a pool, a tennis court and even zoo facilities. Even after Hugh Hefner's death, it's clear, the property will continue to be a prominent Los Angeles location.
Boeing to raise 787 jet output, upbeat on 777
Boeing Co(BA) will raise production of 787 Dreamliner jets to 14 a month in 2019, Chief Executive Dennis Muilenberg said on Wednesday, reviving plans previously on hold due to a wobble in demand for wide-body jets. Boeing (BA) shares rose as much as 1.20 percent.
UPDATE 2-Boeing to raise 787 jet output, upbeat on 777
Sept 13 (Reuters) - Boeing Co will raise production
of 787 Dreamliner jets to 14 a month in 2019, Chief Executive
Dennis Muilenberg said on Wednesday, reviving plans previously
on hold due to a wobble in demand for wide-body jets.
UPDATE 1-Boeing to raise 787 output to 14 jets a month in 2019
Sept 13 (Reuters) - Boeing Co will raise production
of 787 Dreamliner passenger jets to 14 a month in 2019, CEO
Dennis Muilenberg said on Wednesday, pressing ahead with plans
that had been placed on hold as the company gauged demand for
Boeing to raise 787 output to 14 jets a month in 2019
(Reuters) - Boeing will raise its production of 787 Dreamliner passenger jets to 14 a month in 2019, Chief Executive Dennis Muilenberg said on Wednesday, pressing ahead with plans that had been placed on hold as it gauged demand for wide-body jets.
BRIEF-Fossil Group Inc says entered into an addendum to executive severance agreement with Dennis R. Secor
Fossil Group Inc(FOSL). * Fossil Group Inc(FOSL) says on August 31 co entered into an addendum to executive severance agreement with Dennis R. Secor - SEC filing. * Fossil Group (FOSL) - pursuant to addendum, Secor will serve as co's executive vice president and CFO until October 16, 2017 - SEC filing. * Fossil Group Inc (FOSL) - Secor will remain employed with company through April 30, 2018.
Shares of Lids parent Genesco plummet 11% as company reports wider Q2 loss, issues profit warning
Shares of retailer Genesco Inc. [s:GCO], owner of Journeys and Lids, were down more than 11% in premarket trade on Thursday after the company reported a wider loss for the fiscal 2018 second quarter than Wall Street had expected. Genesco said it had a net loss of $3.9 million, or 21 cents per share, after net earnings of $14.6 million, or 72 cents per share during the same quarter a year ago. The company's adjusted loss per share was 10 cents, compared with the 8 cents loss FactSet consensus. Revenue for the quarter was $616.5 million, down from $625.6 million during the same quarter a year ago, and below FactSet's $627.0 million consensus. Genesco Chief Executive Robert Dennis said that Journeys saw positive sales trends, but that was offset by increasing headwinds at Lids and a more dramatic shift in consumers choosing to shop online, which put pressure on profitability. "The second quarter was a bit more challenging than we expected," Dennis said. He also said Genesco is lowering expectations for the year, cutting its per-share earnings range to $3.35 to $3.65 from the previously expected range of $3.90 to $4.05. FactSet's consensus is for full-year earnings of $3.73 per share. Genesco shares have declined nearly 59% in the year to date, while the S&P 500 index is up almost 10%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Fossil shares tank on sizeable loss, departure of CFO
Shares of Fossil Group Inc. cratered in Tuesday's extended session after the fashion accessory company posted a sizeable loss on the back of a steep drop in stock price. It also announced the departure of its finance chief. Fossil reported it swung to a second-quarter loss of $344.7 million, or $7.11 a share, from a profit of $6 million, or 12 cents a share, a year earlier. Excluding intangible asset impairment charges of $6.50, Fossil would have lost 61 cents a share. The charge was a result of "sustained compression of the company's market capitalization that occurred throughout most of the latter part of the second quarter of fiscal 2017," according to the company. Fossil shares have plummeted 54% year to date. Revenue fell to $596.8 million from $685.4 million. Analysts surveyed by FactSet had projected a loss of 33 cents a share on revenue of $618 million. The company projected sales to drop 8.5% to 4.5% and loss per share of $7.42 to $6.62 in the third quarter. Separately, Fossil said Chief Financial Officer Dennis Secor has resigned and will be replaced by Jeffrey Boyer. Shares skidded 23% after hours. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
BRIEF-MISTRAS Group Inc - Dennis Bertolotti appointed as President and CEO
* Mistras Group Inc - board of directors appointed Dennis
Bertolotti as its President and Chief Executive Officer
Amazon poaches ATP tennis rights in UK from Sky-report
LONDON, Aug 1 (Reuters) - Amazon.com Inc has made it first move into major sports rights outside the United States by outbidding Sky for the exclusive UK rights to tennis's ATP World Tour, the Guardian said on Tuesday.
Serena Williams rallies black women for equal pay
Top tennis star Serena Williams has called on black women to step up their demands for equal pay.
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