-
Markets Mostly Lower As Americans Head To Vote, Oil Continues To Tumble
Tuesday, November 4, 2014 - 5:30pm | 864U.S. stocks mostly closed slightly lower a day after major indices hit record all-time highs. Americans are heading to the ballots today in a congressional election. The Republican party is expected to increase the number of seats it controls in the House and Senate. The CBOE Volatility Index...
-
UPDATE: Morgan Stanley Initiates Coverage On Brown Shoe Company
Thursday, October 30, 2014 - 12:17pm | 192Jay Sole of Morgan Stanley initiated coverage of Brown Shoe Company (NYSE: BWS) with an Underweight rating and $24.50 price target. "Brown Shoe Company's wholesale division is weighed down with deteriorating assets and we think sales will fall short of expectations," Sole wrote. The analyst adds...
-
Citigroup Names Dicks Sporting Goods, Foot Locker As Top Apparel And Footwear Picks
Monday, October 27, 2014 - 9:49am | 450Kate McShane of Citigroup previewed the apparel and footwear segment ahead of the 2014 holiday shopping season and named Dicks Sporting Goods Inc (NYSE: DKS) and Foot Locker, Inc. (NYSE: FL) as top picks. "Although we are still seeing mixed results from our companies from September and...
-
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...
-
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...
-
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...
-
Foot Locker Reports Record Sales And Profits; Shoe Manufacturers Trade Higher
Friday, August 22, 2014 - 2:11pm | 391Foot Locker (NYSE: FL) reported its second quarter results Friday morning. The retailer earned $0.64 per share, topping analyst expectations. Revenue of $1.64 billion was $70 million higher than analysts expected. In a statement, Foot Locker's Chief Executive Officer Ken Hicks said that...
-
3 Top-Performing Consumer Goods Dividend Payers With The Most Upside Potential
Friday, June 20, 2014 - 10:45am | 868Among the top-performing consumer goods stocks over the past six months that pay dividends, analysts believe that Allison Transmission (NYSE: ALSN), Foot Locker (NYSE: FL) and Pinnacle Foods (NYSE: PF) still have some room to run, despite rising more than 15 percent. It is not unusual for stocks on...
-
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...
-
Market Wrap For May 23: Markets Marginally Higher; S&P 500 Closes Above 1,900
Friday, May 23, 2014 - 4:39pm | 1787U.S. stocks were little moved with the news-flow light, as would be expected prior to a long-weekend. In fact, Thursday's trading session proved to be the second lowest volume day of 2014. The S&P 500 closed above 1,900 and came within striking distance of matching its intraday all time...
-
Earnings Expectations For The Week Of May 19: More Big-Box Retailers
Sunday, May 18, 2014 - 5:29pm | 985Wal-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 March 7: Markets Cap Off Positive Week With Small Gains
Friday, March 7, 2014 - 5:31pm | 2369U.S. stocks were mixed as investors continue to follow the standoff in Ukraine and digested February's jobs report which indicated that harsh winter weather could be the culprit behind weakness seen in recent economic data reports. The S&P 500 trading at new all time highs at 1,883.57 but...
-
Top Trending Tickers On StockTwits For March 7
Friday, March 7, 2014 - 11:20am | 664Here's a look at the top tickers trending on StockTwits.com QIHOO 360: Strong earnings and guidance, home page visits a concern Last night, QIHOO 360 (NYSE: QIHU) reported its fourth quarter results. The company announced an EPS of $0.70, beating the consensus estimate of $0.43. Revenue of $...
-
Earnings Expectations For The Week Of March 3: Costco, SolarCity And More
Sunday, March 2, 2014 - 5:36pm | 755The calendar page has turned, and the earnings season is all but done. But this week's earnings highlights will include quarterly reports from a few more retailers, such as Costco, Kroger, RadioShack and Staples, as well as some solar companies, including SolarCity and Trina Solar. Here is a...
-
Market Wrap For February 19: Stocks Close Lower, Nasdaq Ends Winning Streak
Wednesday, February 19, 2014 - 6:01pm | 2948U.S. stocks finished the day near session lows as investors found little reason to be bullish. Housing data came in poor and failed to rally the bulls. Several Fed members raised the idea of a rate hike but “participants agreed that, with the unemployment rate approaching 6.5 percent, it would...