Container Store was out with its second-quarter results after the bell on Monday. The company reported earnings per share in line with analyst expectations; revenue, though, came in light at $19 million -- the Street had been expecting $199 million. The miss, coupled with sober forward guidance, caused the stock to plummet in after hours trading, down more than 10%.
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A big day for sports fans -- and investors out there. The NBA announced today that Walt Disney's ESPN and Time Warner's TNT will retain the rights to broadcast NBA games for the next nine years. The deal could be worth as much as $24 billion.
Sportscaster Jim Gray and a panel of sports sector experts joined FOX Business to break down what it means for investors, advertisers, networks -- and perhaps more importantly, for consumers.
And recently FOX Business reported Royal Caribbean was gearing up to roll out its brand new "smart" cruise ship, Quantum of the Seas, and how the company that is solely responsible for providing Quantum with as much Internet bandwidth as the rest of the cruise industry put together. O3B, or the "Other 3 Billion" as it's called, is a hot new startup backed by Google that provides high-speed Internet connectivity worldwide using a network of highly sophisticated satellites. O3B's CEO Steve Collar joined FOX Business to talk about the future of the Internet and how his company is jumping on this growing opportunity.
Now, here is what you need to watch for tomorrow: At 10 a.m. ET, the Labor Department's job openings and labor turnover survey is released; then at 3 p.m. ET, consumer credit data are released. Then, after the bell, Yum Brands will report earnings and FOX Business will cover it live on After the Bell.
Be sure to check out all of today's interviews on FOXBusiness.com/OnCall and tune into Countdown to the Closing Bell every week day at 3 p.m. ET.