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Germany might be the next country in Europe to legalize adult-use cannabis. This October, Luxembourg gave the green light to legal cannabis cultivation for personal use, and now Germany is about to decriminalize certain sale and consumption rules through an important drug...

FedEx Corporation (NYSE: FDX) and United Parcel Service, Inc. (NYSE: UPS) should both be bought by investors, according to Wells Fargo. The Analyst Wells Fargo analyst Allison Poliniak-Cusic initiated coverage of FedEx's stock with an Outperform rating and $189 price target. The analyst also...

FedEx Corporation (NYSE: FDX) reported a top- and bottom-line beat in the third quarter Tuesday, turning at least one Wall Street analyst bullish. The Analyst Stifel's David Ross upgraded FedEx's stock rating from Hold to Buy with a price target lifted from $284 to $295. The...

Reports from two big-box retailers will be among earnings highlights this week. Both of them are considered to be less affected by big e-commerce. Wall Street analysts expect good showings from each of them. The parade of big retailers sharing their latest quarterly results continues. While so...

Abercrombie & Fitch Co. (NYSE: ANF) is up for sale, but Wunderlich Securities can’t figure out why anyone would want to buy the struggling retailer. The iconic teen brand is in preliminary talks for a potential transaction after receiving interest from “several parties.” The...

Upcoming earnings highlights include the latest results from two specialty retailers. Wall Street analysts are looking for earnings and revenue declines from both of them. Both have tended to beat earnings expectations in recent quarters. Many retailers have had their moment in the earnings...

Three more prominent retailers are on deck to share their latest earnings results this week. Analysts expect year-over-year revenue growth from all three but earnings growth from just one. Consensus forecasts see earnings growth from only a few other retailers this week. Although most of the big...

In 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...

U.S. stocks were little changed with the S&P 500 closing for the second straight day above the 2,000 mark. Markets were on track for a flat open and volume and volatility remained relatively light throughout the trading session as geopolitical events remain in focus. Israel and Gaza have...

U.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...

U.S. stocks closed the day slightly higher to close out the week as investor concerns over escalating violence in Iraq remains. As was the case during the height of the Russia and Ukraine confrontation, investors are hesitant of holding on to investments over the weekend. U.S. Secretary of...

U.S. stocks declined as investors demonstrated concerns over recent escalations of violence in Iraq. Crude oil rose as a wave of violence has seen Mosul and Tikrit (two cities key to Iraq's oil industry) fall to insurgent forces. The Senate confirmed former Bank of Israel government...

Among 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...