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Tag Archives: goods

Dick & # 39; s Sporting Goods draws weapons and ammunition from 125 stores

The company removed firearms and hunting supplies last fall as a test. The test went well and sales rose in these stores, Dick's said. As a result, the company decided to purchase weapons, ammunition and weapon accessories from another 125 outlets where sales of the goods were below average. "It's about having productive spaces," said CEO Edward Stack on Tuesday …

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Shipwreck reveals an old market for knock-off consumer goods

Enlarge / Archaeologists use a portable X-ray fluorescence detector to analyze 900-year-old artifacts. Xu et al. 2019 Sometime in the late 12th century, a merchant ship loaded with merchandise sank off the coast of Java. The 100,000 ceramic jars, 200 tons of iron and smaller quantities of ivory, resin and tin ingots provide a close window to a much wider …

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Comparable sales disappoint at Dicks Sporting Goods – Dick's Sporting Goods, Inc. (NYSE: DKS)

Dicks Sporting Goods (NYSE: DKS) fell 8% after comparable second-quarter revenues tumbled 1.9% to miss the consensus estimate for a 0.7% decline , Adjusted for the calendar effects, comparable store sales fell by 4.0% in the quarter. E-commerce revenue increased 12% to 11% of total revenue from 9% a year ago. The company's gross margin improved 80 basis points to …

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U.S. Trade Deficit in Goods Widened to $ 72.2 Billion in July

A preliminary report on international trade for the month of July showed the U.S. The trade deficit in goods has narrowed slightly from February to May, and now appears to have two months in a row, although the data is preliminary and Exports of goods dipped to $ 140 billion last month from $ 142.5 billion in June, while imports …

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US durable goods orders fell 1.7% in July

WASHINGTON demand for durable goods from US factories fell in July due to a decline in aircraft sales, but underlying demand grew modestly. Orders for durable goods, reflected products that should last at least three years "In July, the seasonally adjusted rate fell by 1.7% over the previous month," said the Commerce Department on Friday. Economists interviewed by the Wall …

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Trump raises proposed tariffs to $ 200 billion in Chinese goods at 25% from 10%

President Trump's sales representative, Robert Lighthizer, officially raised the proposed $ 200 billion tariff on Chinese goods to 25% of 10% on Wednesday afternoon, as announced last month. "The President has addressed that proposed additional duty level of 10 percent to 25 percent." The 25 percent would be applied to the proposed list of products that were already announced on …

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Chinese goods can grow 25% customs duties, not 10%, as Trump's anger

Scott Kennedy, a China expert at the Center for Strategic and International Studies, said that raising tariffs to 25 percent would put significant pressure on Chinese leaders to devalue their currency even further, causing further losses Compensate exporters. "We can expect further devaluation and intense internal debates over a one-time devaluation," said Kennedy. $ 200 billion in Chinese goods worth …

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Dow drops more than 150 points after the US introduced new tariffs on Chinese goods

Shares of Boeing and Caterpillar – two companies with high foreign sales – each fell by more than 1 percent. The chip makers also retreated as Nvidia, Intel and Advanced Micro Devices fell by more than 0.5 percent. "Despite industry headlines, S & P 500 companies should make robust profits, with disproportionate revenue growth and significantly higher margins," said Dubravko …

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