-
Consumer Confidence And Housing Data Take A Back-Seat To Markets
Tuesday, June 24, 2014 - 4:36pm | 2263Read More...U.S. stocks declined as the recent round of violence in Iraq may have escalated following reports that Syrian warplanes conducted raids in western Iraq, killing at least 50 people. The CBOE Volatility Index, also referred to as the "fear index", rose more than ten percent, trading...
-
Market Wrap For May 29: Investors Welcome Another Record High For The S&P 500
Thursday, May 29, 2014 - 4:41pm | 2596Read More...U.S. stocks gained on Thursday despite the Commerce Department reporting that U.S. gross domestic product declined at a one percent annualized rate in the quarter. Analysts were expecting GDP to decline 0.4 percent. Pending home sales were below expectations but investors may have shrugged off...
-
Dollar General Earnings Preview: Winter Weather To Get The Blame Again?
Monday, May 26, 2014 - 12:37pm | 777Read More...According to a recent study, Dollar General (NYSE: DG) has taken the low-price lead from larger competitor Wal-Mart, and is scheduled to report its fiscal first-quarter 2014 results on Thursday, May 29, before the markets open. Last year, slightly lower debt and debt refinancing contributed to the...
-
Market Wrap For May 22: Markets Barely Positive
Thursday, May 22, 2014 - 4:35pm | 2710Read More...U.S. stocks picked up right where they left off following Wednesday's rally. Investors were given a mixed bag of economic data covering U.S. manufacturing, initial purchasing managers' index in China, existing home sales, Fed activity among others. Investors are likely focusing more on...
-
Earnings Expectations For The Week Of May 19: More Big-Box Retailers
Sunday, May 18, 2014 - 5:29pm | 985Read More...Wal-Mart (NYSE: WMT) kicked off earnings season for the big retailers last week with disappointing first-quarter results. Taking their turns on the earnings stage this week are Best Buy (NYSE: BBY), Home Depot (NYSE: HD), Target (NYSE: TGT) and several more retailers. Below is a brief look at...
-
Market Wrap For February 26: Markets Slightly Higher On Housing Data
Wednesday, February 26, 2014 - 5:49pm | 2763Read More...U.S. stocks ended the day in positive territory following a volatility trading session in which the Nasdaq index hit a 14 year high and the S&P 500 index was pushed back in to record territory. Investors found housing data to be encouraging news as the three major indices finished the day...
-
Earnings Expectations For The Week Of February 24: Best Buy, Home Depot & More
Monday, February 24, 2014 - 8:19am | 1002Read More...Last week, Wal-Mart (NYSE: WMT) kicked off the parade of big retailers stepping into the earnings spotlight by offering up subpar same-store sales and weak guidance for the year. Inclement weather got some of the blame. Will that be so for Best Buy (NYSE: BBY), Gap (NYSE: GPS), Home Depot (NYSE...
-
Market Wrap For January 22: Earnings Season Continues To Come In Mixed
Wednesday, January 22, 2014 - 5:58pm | 2705Read More...Wednesday marked another day of mixed trading as investors and traders continue to find little clarity from the quarterly results released so far. With the markets being a "mixed bag" major indices ended the day little changed with the Dow ending slightly in the red and both S&P 500 and...
-
Market Wrap For November 21: Dow Re-Claims 16,000 level On Positive Job Data
Thursday, November 21, 2013 - 5:40pm | 2029Read More...Encouraging news coming from the job market was enough to send the major markets higher. Initial Jobless Claims declined 21,000 to 323,000 versus an estimated 335,000. As to be expected, the Senate Banking Panel Voted in favor to approve Janet Yellen as the next Fed Chair. The Dow gained 0....
-
Earnings Expectations For The Week Of November 18: More Retailers On Deck
Sunday, November 17, 2013 - 4:40pm | 1175Read More...The focus is on retail as the as the crucial holiday shopping season is set to get underway. Last week, Walmart (NYSE: WMT) and Kohl's (NYSE: KSS) offered weak third-quarter results, while Macy's (NYSE: M) and Nordstrom (NYSE: JWN) turned in earnings beats. Plenty more retailers are on deck this...
-
Earnings Expectations For The Week Of November 11: Walmart And Other Retailers
Sunday, November 10, 2013 - 1:45pm | 1046Read More...Here is a preview of what earnings to expect for the week starting November 11. While Cisco Systems (NASDAQ: CSCO), Dish Network (NASDAQ: DISH) and Viacom (NASDAQ: VIAB) are expected to post earnings growth when they report quarterly results this week, the focus really will be on retailers like...
-
Food Stamp Cuts Affect Retailers and Consumers
Friday, November 1, 2013 - 10:52am | 573Read More...With the expiration Friday of $16 billion in Supplemental Nutrition Assistance Program, or SNAP, benefits first enacted in 2009, approximately 48 million Americans will see cuts in their food stamp benefits. The cuts, which average $36 a month for a family of four, will not just affect those...
-
Dollar General Earnings Preview: Strong Revenue Growth Expected (DG)
Tuesday, September 3, 2013 - 2:35pm | 718Read More...Discount retailer Dollar General (NYSE: DG), shares of which reached a new 52-week high last week, is scheduled to report its second-quarter fiscal 2013 results Wednesday, September 4, before the markets open. Investors will be watching to see whether, now that the economy has started to revive,...
-
Earnings Expectations For The Week Of August 19
Sunday, August 18, 2013 - 11:52am | 1241Read More...The earnings season for the big retailers is underway. Last week's second-quarter reports from Walmart (NYSE: WMT), Macy's (NYSE: M), Nordstrom (NYSE: JWN) and Kohl's (NYSE: KSS) may have been solid, but weak outlooks for the rest of the year disappointed investors. Many more retailers are on...
-
Earnings Expectations for the Week of May 20
Sunday, May 19, 2013 - 11:22am | 1197Read More...The start of the retail earnings season last week was a mixed bag. Quarterly results from Walmart (NYSE: WMT), Kohl's (NYSE: KSS) and Nordstrom (NYSE: JWN) ranged from so-so to disappointing, while J.C. Penney (NYSE: JCP) posted a larger-than-expected net loss. Macy's (NYSE: M) was the standout,...
















