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Making The Case For Taking Big Lots Private
Wednesday, August 30, 2017 - 8:49am | 516Shares of Big Lots, Inc. (NYSE: BIG) have lost 4 percent since in 2017 and are trading at a discount versus its peers, Loop Capital Markets' Anthony Chukumba commented in a report. As such, it may be a good idea for the company to go private since it's suffering from a "lack of respect...
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Can JD.Com And Staples Overcome Low Earnings Expectations?
Sunday, February 28, 2016 - 7:49pm | 602Two very different specialty retailers are expected to report their fourth-quarter results this week. Wall Street analysts are looking for declining earnings for each of them. Several other retailers are expected to report earnings growth this week. The parade of quarterly results from the big...
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Wall Street Is Hungry For Costco, Kroger Earnings
Sunday, February 28, 2016 - 7:40pm | 577Two specialty retailers are expected to report their latest quarterly results this week. Consensus forecasts call for modest earnings growth from both companies. But only one of them has exceeded expectations in the past few quarters. The parade of quarterly results from the big retailers begins...
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Stifel Introduces 'LaBarometer,' A Monthly Metric Tracking Low-Income Consumers
Monday, November 3, 2014 - 12:24pm | 240Taylor LaBarr of Stifel introduced on Monday a new tracking metric called “LaBarometer” that attempts to quantity the “changing financial pressures on low-income consumers.” The results from the monthly metric could provide investors with potential impacts on sales at...
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Markets Reverse Early Morning Losses; Still Lower On The Day
Thursday, August 28, 2014 - 4:40pm | 2611U.S. stocks declined as geopolitical concerns outweighed an improved economic read on second-quarter growth. Ukraine's President stated that Russian troops had crossed in to Ukraine territory and were fighting alongside Russian supported separatists. Markets initially traded lower on the...
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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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Bulls Take A Break As Dow's Winning Streak Ends At 7 Days
Monday, June 23, 2014 - 4:40pm | 2213U.S. stocks were slightly lower as positive housing data proved to be not enough to boost the Dow's winning streak to eight days. The National Association of Realtors reported that previously-owned home sale posted strong growth in May compared to April. U.S. Secretary of State John Kerry...
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Market Wrap For June 17: Markets Higher Ahead Of Fed Decision
Tuesday, June 17, 2014 - 4:30pm | 1799U.S. stocks were slightly higher following encouraging economic May data coming in a day before the Federal Reserve concludes its two day meeting regarding its monetary policy. It is possible the Federal Reserve will announce on Wednesday that it is lowering its monthly asset purchases to $35...
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Barron's Recap: 2014 Midyear Roundtable
Saturday, June 14, 2014 - 5:16pm | 860This weekend in Barron's online: the 2014 Midyear Roundtable, why most investing professionals are below average, as well as the prospects for Goodyear, Franklin Resources, Tribune Company, Electronic Arts, Southwest Airlines, Big Lots and more. Cover Story "2014 Midyear Roundtable -- Picking Up...
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Market Wrap For June 11: Momentum Hit, Dow Suffers Triple Digit Loss
Wednesday, June 11, 2014 - 4:36pm | 2008U.S. stocks appeared to run out of momentum, at least for the time being, after the the World Bank cut its global growth outlook. Citing a bitter winter in the U.S., a weaker outlook from emerging markets such as Russia and China, the World Bank expects the global economy to grow 2.8 percent...
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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 May 27: S&P 500 Closes At New Record High After Holiday Weekend
Tuesday, May 27, 2014 - 4:48pm | 1979U.S. stocks rose on a light volume trading session following a three day weekend. Regardless, the S&P 500 index hit a new intraday all time high of 1,912.28. Tuesday's trading session saw the release of mostly positive economic data including durable goods and the S&P/Case-Shiller...
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Earnings Expectations For The Week Of May 26: Abercrombie, Costco And More
Monday, May 26, 2014 - 12:39pm | 776Among the earnings reports due this holiday-shortened week are those from retailers Abercrombie & Fitch (NYSE: ANF), Costco Wholesale (NASDAQ: COST) and Dollar General (NYSE: DG). Strong results are also expected from semiconductor maker Avago Technologies (NASDAQ: AVGO) and from homebuilder...
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Market Wrap For April 29: Dow Approaches Record Highs Despite Ongoing Ukraine Tension and Upcoming Fed Meeting
Tuesday, April 29, 2014 - 4:43pm | 3331U.S. stocks finished higher as the Dow approached its all time high of 16,631.60. The index trading on Tuesday as high as 16,559.39. The S&P 500 index is also not that far away from its all time highs of 1,897.28. The Federal Open Market Committee began its two-day meeting in Washington....
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Market Wrap For April 21: S&P 500 Extends Winning Streak To Five Days, Dow & Nasdaq Also Positive
Monday, April 21, 2014 - 4:37pm | 2987U.S. stocks rose as investors felt that earnings season is positive enough so far to reverse weakness the markets have seen in recent weeks. "Investors were braced for poor results, and at least so far, the numbers have been better than feared. We'll have a little more information to act on...