Diamonds and Dogs
Helen of Troy (HELE) looks pretty. The personal and household products company is up 15% to all-time highs after reporting blow-out earnings and raised its profit guidance for the fiscal year. The personal and household products company posted revenue of $354.7 million in the period. Helen of Troy expects full-year earnings in the range of $7.45 to $7.70 per share, with revenue in the range of $1.49 billion to $1.51 billion.
Fake news and fake accounts at Twitter (TWTR). Twitter is down 5% on a Washington Post reported late Friday that Twitter had doubled its rate of account suspensions and kicked out 70 million accounts in May and June, a move that could endanger the user numbers that investors watch closely. On the social-network's service Monday, Chief Financial Officer Ned Segal clarified that most of the accounts were not active in the previous thirty days, and thus would not be counted in Twitter's preferred "monthly active user" metric.