BlackBerry Q4 adjusted earnings Inline With Estimates
Below are the earnings highlights for BlackBerry (BB):
-Earnings: -$315 million in Q4 vs. -$41 million in the same period last year.
-EPS: -$0.56 in Q4 vs. -$0.07 in the same period last year.
-Excluding items, BlackBerry reported adjusted earnings of $16 million or $0.03 per share for the period.
-Analysts projected $0.03 per share
-Revenue: $210 million in Q4 vs. $282 million in the same period last year.
Roger Goodell: NFL expects to play in full stadiums in 2021 season
After the COVID-19 pandemic prompted the NFL to play its 2020 season in empty or sparsely attended stadiums, the league is hoping for a return to normalcy this fall.
Commissioner Roger Goodell said Tuesday the NFL plans to have capacity crowds in 2021.
“All of us in the NFL want to see every one of our fans back," Goodell said in a news conference after Tuesday's virtual owners meetings. "Football is simply not the same without fans, and we expect to have full stadiums in the upcoming season."
Though the league was able to complete its full slate of games last year without any cancellations, state and local regulations related to COVID-19 forced teams to limit fan attendance or bar crowds entirely. The league's total attendance was approximately 1.2 million in 2020, down from 17 million the year before.
European Economics Preview: Eurozone Economic Sentiment Data Due
Economic confidence survey data from euro area and flash consumer prices from Germany are due on Tuesday, headlining a busy day for the European economic news.
At 2.00 am ET, Destatis is slated to issue Germany’s import prices for February. Economists forecast prices to gain 1.1 percent annually, following a 1.2 percent drop in January.
At 2.45 am ET, France’s Insee is scheduled to issue consumer confidence survey results. The sentiment is expected to remain unchanged at 91 in March.
At 3.00 am ET, Spain’s INE publishes flash consumer prices and retail sales data.
Also, Sweden’s National Institute of Economic Research is scheduled to issue manufacturing sentiment survey data. In the meantime, producer prices from Austria and unemployment from Hungary are due.
At 4.00 am ET, Italy’s Istat publishes producer prices for February. Prices had decreased 0.3 percent on year in January.
At 5.00 am ET, Eurozone economic sentiment survey results are due. The economic confidence index is forecast to rise to 96.0 in March from 93.4 in February.
At 8.00 am ET, Destatis is scheduled to issue Germany’s flash consumer price data. Economists forecast inflation to rise to 1.7 percent in March from 1.3 percent in February.
Pandemic pets prove profitable for Chewy
How coronavirus caused people to spend more money on their pets
Zoetis CEO Kristin Peck talks about how her company benefited as people began to spend more time and money on their pets and addresses how people’s eating behaviors disrupted the company’s livestock business and how that might impact the company in the long term.
Chewy Inc. swung to a fourth-quarter profit as the online pet-products retailer reported more than $2 billion in sales and added customers amid the coronavirus pandemic.
Here's what you need to know.
Stocks in this Article
PROFIT: Chewy swung to a $21 million profit for the quarter ended Jan. 31 from a loss of $60.9 million a year earlier.REVENUE: Net sales rose to $2.04 billion from $1.35 billion a year earlier. Analysts expected $1.97 billion, above Chewy's projected $1.94 billion to $1.96 billion range.
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YEAR: Chewy ended the year at a loss of $92.5 million and $7.15 billion in net sales, compared with a loss of $252.4 million and $4.85 billion in sales a year earlier.PANDEMIC: The company has pointed to higher rates of pet ownership and a shift to shopping online during the pandemic.
Cops handcuff kindergartner and say his mother should ‘beat him’
Women’s Basketball Coaches Association: NCAA structure, tournament inequities need independent review
The Women's Basketball Coaches Association reached out to NCAA President Mark Emmert last Thursday to discuss the inequities between how the NCAA conducts the men's and women's basketball tournaments but has yet to receive a response, the association's executive director said Tuesday.
Danielle Donehew, who has led the WBCA since 2014, called the disparity in facilities, support and branding between the two tournaments "symptoms of a much larger attitude that women's sports are second-class to their men's counterparts."
"It presents itself through messaging that is usually subtle, sometimes overt, but always noticeable and demoralizing to student-athletes, coaches and everyone else who sees women's basketball on the brink of great success," Donehew said. "This is a longstanding, deeply ingrained, systemic problem. It is not one that just happened to occur last week."
Takeaways from the second day of the Derek Chauvin trial.
By Will Wright