How Much Watching Time Do You Have This Weekend?

“Drive to Survive” is back, as is a dark Amazon comedy about the afterlife.

By Margaret Lyons

Geron Corporation Q4 Loss increases, misses estimates

Geron Corporation (GERN) released Loss for its fourth quarter that increased from last year and missed the Street estimates.

The company’s earnings came in at -$32.02 million, or -$0.10 per share. This compares with -$23.79 million, or -$0.07 per share, in last year’s fourth quarter.

Analysts on average had expected the company to earn -$0.08 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 1980.0% to $1.04 million from $0.05 million last year.

Geron Corporation earnings at a glance (GAAP) :

-Earnings (Q4): -$32.02 Mln. vs. -$23.79 Mln. last year.
-EPS (Q4): -$0.10 vs. -$0.07 last year.
-Analyst Estimate: -$0.08
-Revenue (Q4): $1.04 Mln vs. $0.05 Mln last year.

Jussie Smollett Sentenced to Jail for False Report of a Hate Crime

The actor was sentenced to five months in jail after being convicted last year of filing a false police report that said he had been the victim of a racist and homophobic attack.

By Julia Jacobs and Robert Chiarito

Ulta Beauty, Inc. Q4 Earnings Summary

Ulta Beauty, Inc. (ULTA) revealed earnings for its fourth quarter that increased from the same period last year in line with the Street estimates.

The company’s earnings totaled $289.37 million, or $5.41 per share. This compares with $171.49 million, or $3.03 per share, in last year’s fourth quarter.

Analysts on average had expected the company to earn $4.58 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 24.1% to $2.73 billion from $2.20 billion last year.

Ulta Beauty, Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $289.37 Mln. vs. $171.49 Mln. last year.
-EPS (Q4): $5.41 vs. $3.03 last year.
-Analyst Estimate: $4.58
-Revenue (Q4): $2.73 Bln vs. $2.20 Bln last year.

European Economics Preview: Germany Foreign Trade Data Due

Foreign trade data from Germany is due on Friday, headlining a light day for the European economic news.

At 2.00 am ET, Destatis is slated to issue Germany’s external trade data. Exports are forecast to grow 1 percent on month and imports to rise 2 percent in January.

At 2.45 am ET, France’s statistical office Insee releases industrial production for January. Economists expect industrial output to grow 0.5 percent on a monthly basis, reversing a 0.2 percent fall in December.

At 3.00 am ET, revised GDP from Austria and industrial production from Hungary are due.

At 3.30 am ET, IHS Markit is set to release Germany’s construction Purchasing Managers’ survey data.

At 4.00 am ET, Italy’s revised GDP data for the fourth quarter is due.

At 5.00 am ET, Eurostat is scheduled to issue euro area retail sales for January. Economists expect retail sales to grow 1.3 percent on a monthly basis after falling 3 percent in December.

Nubia Brand International Prices IPO Of 11 Mln Units At $10.00/unit

Nubia Brand International Corp. said it priced its initial public offering of 11 million units at $10.00 per unit.

The company noted that the units will be listed on the Nasdaq Global Market and will begin trading on March 11, 2022, under the ticker symbol “NUBIU”.

Each unit consists of one share of the Company’s Class A common stock and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable and will trade.

The company has granted the underwriters a 45-day option to purchase up to an additional 1.65 million units at the initial public offering price to cover over-allotments, if any. The offering is expected to close on March 15, 2022.

Goldman Sachs cuts US growth forecast as commodity prices bite

FOX Business Flash top headlines for March 10

Here are your FOX Business Flash top headlines for March 10.

Goldman Sachs analysts downgraded their forecasts for U.S. economic growth for this year, reckoning that spikes in oil and other commodities since Russia's invasion of Ukraine will hurt spending.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

The investment bank cut its annualized growth forecast to 2.9% against a previous expectation of 3.1%. It expects fourth-quarter real gross domestic product growth of 1.75% against a previous forecast of 2%.

US ECONOMY SURGED 6.9% IN THE FOURTH QUARTER BEFORE OMICRON IMPACT

Goldman analysts, led by Jan Hatzius, said there are additional downside risks if shortages of key metals constrain U.S. production, and put the chance of a recession during the next year at 20%-35%.

(Reporting by Tom Westbrook; Editing by Tom Hogue)

PHOTOS: Colorado State beats Utah State in Mountain West men’s basketball tournament quarterfinal – The Denver Post

The Colorado State Rams defeated the Utah State Aggies 53-51 in a quarterfinal game in the Mountain West men’s basketball Championships at the Thomas & Mack Center in Las Vegas, Nevada on Thursday, March 10, 2022.