Retired Los Angeles Laker Magic Johnson became famous for dishing out assists to his teammates during his Hall of Fame basketball career.
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State awards subway car contract to Chinese firm
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A Chinese government-owned rail company was awarded a $566.6 million Massachusetts state contract on Wednesday to build subway trains for the “T,” the nation’s oldest subway system, despite concerns from local activists about China’s human rights record as well as complaints from competitors that the company’s winning bid was unrealistically low.
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Work-Life Balance Myth Busted: Dads Need Flex Time, Too
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Men with access to flex scheduling say they are happier and more productive, have higher morale and loyalty, and maintain better relationships with co-workers than peers who are forced to work traditional schedules.
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Samsung Galaxy Mega 2: Top 3 Business Features
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iPad Air 2 vs. iPad Air: Should Business Users Upgrade?
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How does the iPad Air 2 compare to the iPad Air for business users? And is it worth the upgrade? Find out which device is better for your business.
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The Democratization of Entrepreneurship (And Why It Matters)
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The Internet age and modern pop culture have made entrepreneurship accessible to more people than ever. Here’s why this matters for the economy.
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Take Shape for Life CEO Named One of Baltimore’s ’50 Women to Watch’
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Take Shape for Life CEO Meg Sheetz is one of 50 Women to Watch in the Baltimore community, according to an annual list from The Balitimore Sun. Maryland’s largest daily newspaper whittled down more than 250 nominations to recognize an elite group of “the area’s most intriguing movers and shakers.”
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Tupperware 3Q Results – Shares Fall 24%
by Tina Williams • • 0 Comments
Tupperware Brands Corp. (TUP) on Wednesday reported third-quarter earnings of $32.3 million.
The Orlando, Florida-based company said it had profit of 63 cents per share. Earnings, adjusted for non-recurring costs, were 90 cents per share.
The results missed Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 91 cents per share.
The direct seller of plastic storage containers and cosmetics posted revenue of $588.7 million in the period, which beat Street forecasts. Analysts expected $587.9 million, according to Zacks.
For the current quarter ending in December, Tupperware expects its per-share earnings to range from $1.55 to $1.60. Analysts surveyed by Zacks had forecast adjusted earnings per share of $1.70.
The company expects full-year earnings in the range of $5.21 to $5.26 per share.
Tupperware shares have fallen 24 percent since the beginning of the year. The stock has declined 23 percent in the last 12 months.
Résumé
Work history: Mr. Goings was recruited to Avon Products in 1985, where he held a number of senior management positions. He joined Tupperware in 1992 as president of Tupperware Worldwide.
Education: Mr. Goings was educated at Guilford College and holds honorary doctorates in humane letters, from Rollins College, and business administration, from Bryant College. He also