Flowers reported adjusted quarterly profit of 32 cents per share, 2 cents a share above estimates. The maker of Wonder Bread and other baked products also saw revenue beat forecasts. Higher prices helped overcome slower sales.Dillard's beat estimates by 19 cents a share, with quarterly profit of $2.99 per share.
The retailer's revenue was in line with forecasts, however comparable-store sales were flat compared to expectations of a 1.3% increase.KB Home was upgraded to "outperform" from "sector perform" at RBC Capital Markets, which pointed to improvements in the home builder's pricing.The automaker's senior director of communications, Dave Arnold, is leaving Tesla after 2-1/2 years, according to sources who spoke to TechCrunch.
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Tesla acquired Maxwell yesterday, but guess CNBC has poor researchers. They only found a story about a guy in Florida who turned on cruise control, took his hands off the wheel and got in a wreck going 70.
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