JD.com Slips To Loss In Q4; Revenue Up 23%

e-commerce company JD.com, Inc. (JD) reported Wednesday a net loss attributable to ordinary shareholders for the fourth quarter of RMB5.2 billion or $0.8 billion, compared to net income of RMB24.3 billion in the year-ago quarter. Net loss per ADS was RMB3.33 or $0.52, compared to net income per ADS of RMB15.18 last year.

Excluding items, adjusted net income per ADS was RMB2.21 or $0.35, compared to RMB1.41 in the prior-year quarter.

JD.com reported net revenues of RMB275.9 billion or $43.3 billion, an increase of 23.0% from the same quarter last year. Net product revenues increased by 22.1% and net service revenues grew 28.3% from last year.

Annual active customer accounts rose by 20.7% to 569.7 million from 471.9 million a year ago.

States Where the Most People Are Vaccinated

The omicron variant pushed new daily cases of COVID-19 to all-time highs in the United States and underscored the urgency of the national vaccination effort. So far, an estimated 216,273,632 Americans have been fully vaccinated, or 66.1% of the population.

Some states are proving more effective than others in getting their residents vaccinated. Depending on the state, the share of the population that has been fully vaccinated ranges from as low as 50.5% all the way up to 81.1%.

Due in large part to vaccine hesitancy and resistance, millions of doses are currently sitting idle under the purview of state governments, yet to be administered. As of March 8, only about 80.1% of the 693,860,200 doses of the vaccine that have been distributed to the 50 states and Washington D.C. have been administered. In one state, only 65.8% of delivered doses have gone into the arms of residents.

Meanwhile, the virus continues to spread. In total, there have been 24,008 known infections for every 100,000 people nationwide.

‘Turning Red’ Review: Beware the Red-Furred Monster

A 13-year-old girl becomes a red panda when she loses her cool in Domee Shi’s heartwarming but wayward coming-of-age film.

By Maya Phillips

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‘Gold’ Review: Dry Heave

Zac Efron stars in an unrelentingly miserable post-apocalyptic movie from the Australian actor and director Anthony Hayes.

Anthony Hayes, left, and Zac Efron in “Gold.”

By Amy Nicholson

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Oil Prices Rebound After Selloff

Oil prices regained some footing on Thursday after having fallen sharply in the previous session on hopes that the huge amounts of sanctions-hit Russian oil could be largely replaced by sourcing from elsewhere.

Benchmark Brent crude futures jumped 5.2 percent to $116.94 per barrel, while WTI crude futures were up 4.5 percent at $113.58.

Both contracts fell over 12 percent on Wednesday amid hopes for peace talks between key producer Russia and Ukraine, and the talk of gradual supply increase.

The United States is tapping Iran, Saudi Arabia and Venezuela for oil but it’s not clear any US diplomacy could get more crude oil on the market fast enough to help the current supply crunch.

Iraq said on Wednesday that its crude oil exports are in line with the consumption in the world oil market, ruling out the need to increase oil production.

There were conflicting comments from the United Arab Emirates on whether major producers would boost supply to help plug the gap in output from Russia due to sanctions for its invasion of Ukraine.

With the Ukraine war still raging and crude oil supplies still tight, analysts say that oil prices will likely remain high for a longer spell.

‘The Exorcism of God’ Review: Devilishly Demeaning

In this regressive tale of demons and damsels, a priest must admit his sins before he can vanquish a malevolent spirit.

By Lena Wilson

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FuelCell Energy Inc. Q1 Loss decreases, but misses estimates

FuelCell Energy Inc. (FCEL) announced Loss for first quarter that decreased from last year but missed the Street estimates.

The company’s earnings totaled -$41.42 million, or -$0.11 per share. This compares with -$46.76 million, or -$0.15 per share, in last year’s first quarter.

Analysts on average had expected the company to earn -$0.05 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 113.7% to $31.80 million from $14.88 million last year.

FuelCell Energy Inc. earnings at a glance (GAAP) :

-Earnings (Q1): -$41.42 Mln. vs. -$46.76 Mln. last year.
-EPS (Q1): -$0.11 vs. -$0.15 last year.
-Analyst Estimates: -$0.05
-Revenue (Q1): $31.80 Mln vs. $14.88 Mln last year.

Build-A-Bear Workshop Guides Q1 Revenue, EBITDA – Update

While reporting financial results for the fourth quarter on Thursday, brick-and-mortar retailer Build-A-Bear Workshop, Inc. (BBW) provided its revenue and EBITDA guidance for the first quarter of fiscal 2022.

For the first quarter, the company expects revenue to exceed that of the first quarter of fiscal 2021. It also expects pretax income and EBITDA to exceed the record profitability of first quarter of fiscal 2021.

The Company noted that it expects to provide guidance for the fiscal year at a future date as it monitors the evolving external environment, assesses ongoing inflationary pressure and the potential impact of stimulus on consumer spending in the prior year.