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Markets End Week On Positive Note As Investors Are Encouraged By Central Bank Developments In Europe, China
Friday, November 21, 2014 - 5:33pm | 945U.S. stocks ended the week higher as investors were encouraged by announcements in Europe and China. The European Central Bank outlined plans to expand its asset purchase programs by "altering the size, pace and composition of our purchases" if inflation shows signs that it could stay...
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Barron's Recap: What's Next For Fidelity?
Sunday, October 5, 2014 - 6:30pm | 897This weekend in Barron's online: the future of Fidelity, an exclusive interview with Bond King Bill Gross and the Barron's Mutual Fund Quarterly, as well as the prospects for Kroger, Micron Technology, Littelfuse and more. Cover Story "Fidelity's Bright Stars" by Leslie...
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3 Takeover Targets In The Retail Sector
Wednesday, September 3, 2014 - 12:25pm | 744In the IntraLinks Deal Flow Indicator Q2 report, IntraLinks VP of strategy & product marketing, Matt Porzio said one of the sectors showing strong levels of early-state M&A activity was consumer, which includes retail. According to Porzio, "Consumer deals … are expected...
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S&P 500 Closes Above 2,000; Dow Hits New All-Time High As Markets Continue To Rally
Tuesday, August 26, 2014 - 4:42pm | 2835U.S. stocks rose, lifting the Dow to new historical all-time highs of 17,153.80 following a better than expected rise in orders of durable goods. Consumer confidence improved in August, helping market sentiments while investors and traders placed less emphasis on a report that home prices are...
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Shares Of Ann Spike Higher; Company Hires Bankers To Weigh Potential Sale
Tuesday, August 26, 2014 - 12:40pm | 149Shares of Ann (NYSE: ANN) were trading higher on Monday as news reports surfaced that investors including Engine Capital and Red Alder have engaged the company's management to explore strategic alternatives. The group of investors believe that the women's apparel retailer could be...
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S&P 500 Hits 2,000 Milestone As Bullish Momentum Continues
Monday, August 25, 2014 - 4:49pm | 2139U.S. stocks were higher on Monday as the S&P 500 traded above the 2,000 mark for the first time ever, creating a new historical intra-day high of 2001.94. The S&P 500's milestone came on a relatively quiet day for stocks. A light news-load isn't necessarily a bad thing for the...
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Yellen's Speech Not Enough To Keep Dow, S&P 500 In Positive Territory
Friday, August 22, 2014 - 4:36pm | 2164U.S. stocks were mostly lower as the tense situation in Ukraine was brought back in the spotlight following a report from NATO who observed an alarming rise in Russian forces near the Ukraine border. Speaking at Jackson Hole, Fed Chair Janet Yellen stated that 19 labor market indicators the Fed...
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Market Wrap For May 30: 'Sell In May And Go Away' Proves To Be Bad Advice
Friday, May 30, 2014 - 4:30pm | 1763U.S. stocks were mostly higher on the final trading day of May, as both the S&P 500 and Dow indices close at record highs, despite disappointing consumer spending data reported on Friday morning. Loretta Mester, the soon to be Cleveland Fed President argued in a speech the importance of...
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Market Wrap For April 4: Dow Suffers Triple Digit Point Loss, Nasdaq Continues To Underperform
Friday, April 4, 2014 - 4:44pm | 2444U.S. stocks ended the week on a sour note as investors continue to sell many momentum names. Not helping the bull case was the much anticipated Jobs report number which failed to "wow" the market, coming in relatively in-line with expectations. The Dow suffered a triple digit point loss and...
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Market Wrap For March 14: Ukraine Tension Drag Markets Lower
Friday, March 14, 2014 - 5:17pm | 2348U.S. stocks declined as concerns escalated over Ukraine, two days before its citizens will vote in a referendum to split from Ukraine and become part of Russia. Russian President Vladimir Putin is gearing up to “invade eastern Ukraine” as a six hour talk between U.S. Secretary of State John...
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Earnings Expectations For The Week Of November 18: More Retailers On Deck
Sunday, November 17, 2013 - 4:40pm | 1175The 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...
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Earnings Expectations For The Week Of August 19
Sunday, August 18, 2013 - 11:52am | 1241The 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...
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Foot Locker and Other Specialty Retail Stocks Favored by UBS
Thursday, May 16, 2013 - 11:04am | 998A new report by analysts at UBS (NYSE: UBS) suggests there may be little upside ahead for department stores, due to such things as high inventories and unfavorable weather in the first quarter. However, they feel the prospects for some specialty retailers look more appealing. Four of the stocks...
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Earnings Expectations for the Week of November 26
Sunday, November 25, 2012 - 2:19pm | 934While the holiday season is in full swing now, the earnings season is winding down. Perhaps the most prominent quarterly reports on this week's schedule those from Kroger, the country's largest grocery store chain, and Tiffany, the iconic purveyor of luxury goods. The consensus forecasts of...
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Earnings Expectations for the Week of August 13
Monday, August 13, 2012 - 6:33am | 938Retail earnings season got off to a start last week when drug store chain CVS Caremark (NYSE: CVS) and department store operators Kohl's (NYSE: KSS), Macy's (NYSE: M) and Nordstrom (NYSE: JWN) bested second-quarter earnings estimates, while JCPenney (NYSE: JCP) reported a net loss. Many more...