News Corp. reported better circulation figures for its Dow Jones unit for the quarter ending in June, but that was offset by one-time write-downs on its overseas print units. The company reported a loss of $429 million, or 74 cents a share, compared with net income of $90 million, or 16 cents a share, in...
NYS Entity Status
NYS Filing Date
SEPTEMBER 10, 2014
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2014 - AMB 99 CENTS & UP CORP.
Around the Web
- Circulation up at Dow Jones
By Post Staff Report - Thursday Aug 10, 2017
- ‘Power’ exec and star 50 Cent rips into Starz
By Variety - Monday Jul 31, 2017
50 Cent threatened to leave the show, which is one of Starz’s highest-rated series and is currently in its fourth season.
- Business News Roundup, July 28
By Chronicle News Services - Thursday Jul 27, 2017
PG&E Corp., the parent company of Pacific Gas and Electric Co., reported Thursday that it nearly doubled its profit in the second quarter, the result of rate hikes approved by California regulators.PG&E’s profit for the three months ending June 30 jumped to $406 million (79 cents per share), up from $206 million (41 cents) in the same quarter last year.Revenue rose from $4.17 billion in the second quarter of 2016 to $4.25 billion in the most recent quarter, driven by higher revenues from PG&E’s natural gas operations.The San Francisco company attributed the increase to two long-awaited decisions from the California Public Utilities Commission increasing rates.The first decision, issued in June 2016, increased PG&E’s rates related to natural gas storage and transmission, while the second, issued this May, concerned PG&E’s overall operations.The increase in gas rates provoked a public outcry during the winter, when consistently cold, wet weather forced homeowners to crank up their furnaces and burn more natural gas.A judge has ordered Apple to pay more than $506 million in a patent infringement case brought by the Wisconsin Alumni Research Foundation after the two sides agreed on final damages.A jury in 2015 found Apple infringed on a patent held by the foundation, which supports research at the University of Wisconsin-Madison.Starbucks plans to shutter all its Teavana stores as it seeks to improve its financial performance.Starbucks CEO Kevin Johnson noted declining foot traffic at malls.Starbucks also reported global sales growth of 4 percent at established locations, fueled by higher average spending per visit.Ford Motor Co. is bringing its crowd-sourced shuttle service Chariot to New York City in August, marking its biggest expansion since being purchased less than a year ago.The billionaire entrepreneur’s Virgin group announced Thursday that he was selling a 31 percent stake to Air France-KLM for $287 million.The airlines said the moves are part of a broader partnership between them and would reinforce the strategic, commercial and financial ties.The publisher of High Times plans to take the company public, Reuters is reporting.Oreva Capital had announced in June that it had bought a controlling stake in High Times Holding Corp., which publishes the magazine for marijuana enthusiasts.Reuters says Oreva is selling High Times to a special purpose acquisition company, which will probably take it public by October.
- Blue Apron reports major loss despite customer growth
By Carleton English - Thursday Aug 10, 2017
Blue Apron cooked up a major loss in its first quarter as a publicly traded company. The meal-kit delivery service said it lost 47 cents a share in the second quarter, far wider than Wall Street’s forecast of 30 cents a share. And although Blue Apron grew its customer base by 23 percent since last...
- Olive Garden says $1 price hike on soup drove away customers
By Marketwatch - Wednesday Sep 27, 2017
Olive Garden parent Darden Restaurants Inc. says traffic suffered after the chain raised the price on a popular meal deal during the fiscal first quarter. Darden reported a year-over-year sales increase to $1.94 billion from $1.71 billion in 2016. Adjusted earnings per share were 99 cents. Both results were in line with the FactSet consensus...
- In Detroit, Artists Explore the Riches of the 99-Cent Store
By CHRIS HAMPTON - Wednesday Jun 28, 2017
For a summer exhibition titled “99 Cents or Less,” the Museum of Contemporary Art Detroit has begun to resemble a dollar shop.