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Market Wrap For March 6: Investors Find Positives In Jobless Claims
Thursday, March 6, 2014 - 6:06pm | 2478U.S. stocks rose as investors digested jobless claims data which fell to a three month low ahead of Friday's monthly employment report. The S&P 500 was lifted to a new all time high of 1,8881.94 while the Dow recorded modest gains. The Nasdaq finished in the red The Fed's Bill Dudley...
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Companies That Blame The Weather For Earnings Misses
Friday, February 28, 2014 - 5:59pm | 173Coca-Cola (NYSE: KO) is so much more refreshing on a sunny day, wouldn't you say? La-Z-Boy (NYSE: LZB) chairs are more comfortable when the sky is clear, are they not? And when the temperature rises, consumers can't resist shopping at Target (NYSE: TGT). That is more or less the claim of...
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Market Wrap For February 26: Markets Slightly Higher On Housing Data
Wednesday, February 26, 2014 - 5:49pm | 2763U.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...
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Market Wrap For February 7: Jobs Report Not Great, But Not Too Bad
Friday, February 7, 2014 - 5:36pm | 3052U.S. stocks rallied for the second straight day, ending a tumultuous week on a positive note as investors found more positives than negatives in today's job reports. "It was bad, but not that bad," an investment officer at Wells Fargo told CNBC. "We've made some progress here, we still think we...
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Market Wrap For January 14: Markets Rebound On Earnings Season Kickoff
Tuesday, January 14, 2014 - 6:19pm | 2515Major indices reversed Monday's losses and posted strong gains following a better than expected retail sales report and a luke-warm start to earnings season. Related: Stocks Higher, But Dollar Indecisive After Retail Sales Release Philidalphia's Fed chief Charles Plosser said that he wants QE...
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Traders On Look-Out For High-Tech Snooping Techniques
Thursday, December 19, 2013 - 2:55pm | 379In the film Wall Street, Charlie Sheen's character Bud Fox secretly followed around a British billionaire, Sir Lawrence Wildman, to discern his next move. Fox concluded that Wildman was meeting with key people in order to make a bid for a steel company. If Bud Fox was still up to gathering...
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Market Wrap For December 6: Investors and Traders Cheer Today's Economic Data
Friday, December 6, 2013 - 5:52pm | 1657Investors had been anxiously and nervously waiting for today's job reports which could have sent major indices moving sharply in either direction. The November Nonfarm Payroll increased 203K, above consensus of 180K and above the previous reading of 200K. The Unemployment rate rang in at 7.0...
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Market Wrap For November 20: Inflation Data Points To "No" Tapering, Fed Meeting Notes Points To "Yes" Tapering
Wednesday, November 20, 2013 - 6:02pm | 2026Investors and traders welcomed news of lower than expected inflation. The U.S. Labor Department monthly Consumer Price Index (CPI) data for October fell 0.10 percent, compared to an estimated flat reading. Year over year, the index is up 1.00 percent, in line with expectations. The Fed's target...
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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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Home Depot Earnings Preview: Keeping Ahead Of Lowe's?
Saturday, November 16, 2013 - 12:18pm | 754Home Depot (NYSE: HD), shares of which saw a nice six percent pop in the past week, is scheduled to share its fiscal third-quarter results Tuesday, November 19, before the opening bell. Investors will have fingers crossed that the rebound in the real estate market continues to buoy the company...
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Lowe's Misses Expectations On Q1 Earnings, Blames Unseasonably Cool Weather
Wednesday, May 22, 2013 - 12:00pm | 293Lowe's (NYSE: LOW) released an earnings report for the fiscal quarter ending March 31, 2013 early Wednesday morning. After failing to meet Wall Street analysts' expectations, the company's stock fell 3.5 percent in pre-market trade. After beating Wall Street's earnings estimates in three out of...
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These 11 Companies Are Paying Less and Keeping Americans Poor
Saturday, May 11, 2013 - 11:11am | 295The National Employment Law Office has uncovered a disturbing statistic. Since the job market hit a bottom in February 2010, lower-wage jobs have grown nearly three times faster than jobs that pay more. While the recession has seen companies like McDonald's (NYSE: MCD) thrive -- a 130 percent...
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Earnings Previews: Home Depot and Lowe's
Saturday, February 23, 2013 - 11:12am | 704Rival home improvement superstore operators Home Depot (NYSE: HD) and Lowe's (NYSE: LOW) are scheduled to step into the earnings spotlight this week. The latter will report its fourth-quarter and full-year fiscal 2012 results Monday, February 25, before the markets open, followed by the former,...
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Short Interest Swings in Retail Stocks (COST, DG, WAG)
Saturday, December 29, 2012 - 3:30pm | 822The short interest in big retail companies was mixed during the first two weeks of December, the heart of the holiday shopping season. The number of shares sold short in Amazon.com (NASDAQ: AMZN), CVS Caremark (NASDAQ: CVS), Gap (NYSE: GPS), Target (NYSE: TGT) and Walmart (NYSE: WMT) increased...
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Short Interest Swings in Retail Stocks (BBY, DG, TJX)
Wednesday, December 12, 2012 - 3:27pm | 792The short interest in big retail companies was mixed as the holiday shopping season got underway. Shares sold short in Amazon.com (NASDAQ: AMZN), CVS Caremark (NASDAQ: CVS), Lowe's (NASDAQ: LOW) and Target (NYSE: TGT) increased somewhat between the November 15 and November 31 settlement dates....