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Movado Group Inc. ( MOV ) took a big tumble Wednesday. Shares of the watchmaker plunged almost 13%. Volume was very, very heavy. It was an ugly technical break to the downside. Fueling this bad move was the third-quarter earnings release . Net sales dropped 5%. Okay, investors don't like reading about a 5% drop in the top line, but that wasn't the worst part: Adjusted income was 12 cents per share. Last year's comparable quarter returned 53 ...
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11 hours ago ago from Social Media In Learning
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Thousands to Join BusinessBoomer WebTalkShow to Ring-In a New Generation of Business this Holiday Season
4 hours ago ago from PopEater
BusinessBoomer : NEWS FACTS: BusinessBoomer Network is hosting the first season finale of its live, interactive web talk show next Tuesday, December 15, at Minna Gallery in San Francisco. The video broadcast, which will stream live on the web, will feature conversations with leading San Francisco Bay Area social visionaries and innovators, including Kevin Jones, founder of Social Capital Markets, ( www.socialcapitalmarkets.net ), Good Capital ...
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2 hours ago ago from ZDNet Blogs
This is a new Internet-powered business landscape. Self-organizing peer production is the motive force and network effects are the new market share. The ongoing and seemingly inexorable decline of traditional media continues to be the canonical example of what happens when the ground rules get changed in an industry that is fundamentally unable to adapt to new market conditions. A great analysis recently posted by Umair Haque at Harvard ...
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