brands

Burger King Creates Its Own Cryptocurrency in Russia

Burger King Creates Its Own Cryptocurrency in Russia

Cryptocurrencies are some of the hottest investments this year. Many companies try to gain exposure in this sector. Recently, Burger King, which is operated by Restaurant Brands International Inc (NYSE: QSR), launched its own virtual coin in Russia...

L Brands Lowers Full Year Guidance, Shares Fall 10%

L Brands Lowers Full Year Guidance, Shares Fall 10%

Shares of L Brands (NYSE: LB), the parent company of Victoria’s Secret and Bath & Body Works, fell nearly 10 percent to $35.24 on Thursday after the company lowered its guidance for the year.Despite reporting second quarter earnings o..

U.S. Arts and Craft Store, Michaels’ earnings fell below estimates

U.S. Arts and Craft Store, Michaels’ earnings fell below estimates

Michaels Companies, Inc. (NASDAQ: MIK) fell short early trading day on Tuesday, as earnings reported less than analyst estimates. According to their press release, Michaels reported a net sales of $1.16M, a decrease of 1.2% from Q1 2016. Operat..