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Added on the 13/08/2018 10:48:29 - Copyright : Wochit
Ending a six-month run of spiraling demand, sales of existing homes in the US contracted in November. It's being read as a signal that rising prices and historically low supply is finally slowing the housing market's rally. According to Business Insider, the National Association of Realtors says home sales fell 2.5% last month to a seasonally adjusted annual rate of 6.69 million. The median price for existing homes fell to a six-month low as well, dipping month-over-month to $310,800 from $313,100. Even so, the pace is still up 25.8% from the year-ago period.
On Wednesday, Lowe's reported quarterly same-store sales growth of more than 30%. Sales for the third quarter were $22.3 billion. That's compared to $17.4 billion in the same quarter in 2019. Lowe's said their online sales doubled in the third quarter. The company's earnings of $1.98 per share were one cent short of estimates from analysts, and its shares fell. Lowe's net income fell to $692 million, or 91 cents per share, for the quarter ending October 30, 2020.
Ty Dolla $ign marked the one-year anniversary of late rapper Nipsey Hussle's death by sharing an unreleased collaboration featuring his posthumous vocals and Cardi B.
Justin Bieber prayed for the world during an Instagram Live on Thursday (19.03.20) amid the COVID-19 pandemic.
Harley-Davidson continues to make announcements that indicate their willingness to move past the traditional market boundaries of the 116-year-old company in search of new riders.At the all-important EICMA motorsports show in Milan this past week, The Motor Company officially revealed two widely rumored and expected new motorcycles that operate far outside the usual cruiser segment H-D is most associated with. The new bikes follow on the heels of the beginning of series production of the $30,000 LiveWire electric motorcycle, introduced earlier this year. They also come at a time of slipping sales and stock performance for Harley, although there was finally some good news in the most recent quarter as international sales gave the company a boost. Will these two new bikes, aimed at markets and audiences not typically associated with Harley-Davidson, catch on and bring those highly coveted new riders into the fold? It looks like 2020 will be a key year in Harley-Davidson’s long and colorful history.
Harley-Davidson continues to make announcements that indicate their willingness to move past the traditional market boundaries of the 116-year-old company in search of new riders.At the all-important EICMA motorsports show in Milan this past week, The Motor Company officially revealed two widely rumored and expected new motorcycles that operate far outside the usual cruiser segment H-D is most associated with. The new bikes follow on the heels of the beginning of series production of the $30,000 LiveWire electric motorcycle, introduced earlier this year. They also come at a time of slipping sales and stock performance for Harley, although there was finally some good news in the most recent quarter as international sales gave the company a boost. Will these two new bikes, aimed at markets and audiences not typically associated with Harley-Davidson, catch on and bring those highly coveted new riders into the fold? It looks like 2020 will be a key year in Harley-Davidson’s long and colorful history.
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