Article
"Going Through Some Pain": Dick's Smashed Most On Record As Foot Locker Bet Goes Limp
"Going Through Some Pain": Dick's Smashed Most On Record As Foot Locker Bet Goes Limp
Dick's Sporting Goods shares crashed by the most on record Tuesday after the sporting goods retailer slashed its annual sales and adjusted operating-income forecasts, as softness at recently acquired Foot Locker deepened concerns about the $2.4 billion takeover.
"We're going to go through some pain," Chairman Ed Stack told analysts on an earnings call.
Dick's now expects fiscal-year net sales of $21.9 billion to $22.2 billion, below its previous forecast of $22.1 billion to $22.4 billion, as...
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Education Department Probes Stanford Over Alleged Racial Discrimination
Education Department Probes Stanford Over Alleged Racial Discrimination
Authored by Naveen Athrappully via The Epoch Times (emphasis ours),
The Department of Education’s Office for Civil Rights has initiated an investigation into Stanford University to determine whether one of its programs is racially discriminatory and violates Title VI.
Stanford University in Palo Alto, Calif., on July 31, 2025. John Fredricks/The Epoch Times
Title VI of the Civil Rights Act of 1964 prohibits discrimination on the basis of race, national origin, and color in educational programs that receive financial assistance from the federal government. At...
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Apr 12, 2026 / Tyler Durden
Sick Behavior From Financial Psychopaths
Sick Behavior From Financial Psychopaths
Submitted by QTR's Fringe Finance
I’ve been saying this for months: despite “experts” just sounding the alarm moments ago: the private credit unwind that started months ago and has now spiraled into a very real liability for the economy wasn’t some unknowable tail risk lurking in the shadows.
It couldn’t have been clearer if it was a fucking neon sign blinking THIS ENDS BADLY hanging outside of the 4 train station on Wall Street so industry workers were forced to see it on their way into work every morning.
Not only did I call the...
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