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Tag Archives: goods

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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Some US goods seem "inevitable" for China

J.B. Forbes | St. Louis Postal Shipping | TNS | Getty Images Truck driver Marion Howard observes soybeans in his truck on Wednesday, October 11, 2017, at Chris Crosskno's farm near Denton, Mo. A wave of Chinese tariffs on US goods will follow Friday's trading tensions between the two countries will continue to worsen.

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