Simon Constable | Author | Broadcaster | Journalist | Commentator | Speaker
He has written for The Wall Street Journal, TheStreet.com, the New York Post, the New York Sun, Barron's and the South China Morning Post. He is a fellow at the Johns Hopkins Institute for Applied Economics, Global Health and the Study of Business Enterprise.
Constable holds an MBA from the Darden School at the University of Virginia. He also worked on Wall Street as an adviser to top management and as a consultant to some of America's most prestigious companies.
His first book, The WSJ Guide to the 50 Economic Indicators that Really Matter, which he coauthored with Robert E. Wright, was an economics category winner in the 2012 Small Business Book Awards at Small Business Trends.
Europe's economy is already weak and rising oil will make it worse.
Europe's major economies are already hurting, but rising energy costs will make it worse, especially for any company dependent on discretionary spending.
'There is no escape from the conclusion that rising bond yields and a rising gold price cannot co-exist for long,' says a recent report from financial research company HCWE & Co.
The move comes less than two weeks after news that Apollo Global Management was interested in buying the company.
Adjusted earnings in the quarter were 53 cents a share, well ahead of analysts' expectations.
Ambarella forecast fiscal third-quarter revenue of between $63 million and $67 million.
Groupon shares now trade at a fraction of their 2011 initial public offering price.
The adjusted loss in its fiscal fourth quarter was 57 cents a share, narrower than analysts' estimates that called for a loss of 64 cents.
Shares tumble after the company lowers its sales forecasts for the year.
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