Updated at 9:41 am EST Home Depot (HD) shares edged higher Friday after the home improvement retailer unveiled a new $15 billion share buyback program, held its dividend in place and named new CEO T...
Tag: Earnings
Deere Stock Tumbles as Earnings Miss Expectations
Text size Higher crop and food prices tend to boost demand for Deere products. Justin Sullivan/Getty Images Deere reported fiscal third-quarter earnings that missed analysts’ expectations and the stoc...
Why the Bear Market Hasn’t Yet Bottomed: Bank of America
After the S&P 500 slid 23% from the start of the year through June 16, the index has rebounded 17%. This has many investors saying that the bear market is over and that the rally is here to stay. ...
Charlie Sheen Will Pay IRS $3.3 Million And Possible Share In Future Earnings
Charlie Sheen (shown during an event in Sydney Australia in 2018) has reached a deal with the IRS … [+] that gives Uncle Sam $3.3 million and a cut of any increase in his future earnings. (Photo...
Kohl’s (KSS) reports Q2 2022 earnings
People walk near a Kohl’s department store entranceway on June 07, 2022 in Doral, Florida. Joe Raedle | Getty Images Kohl’s on Thursday again slashed its financial forecast for the year, s...
July existing-home sales fall for the sixth straight month, realtors see ‘housing recession’
The numbers: U.S. existing-home sales fell 5.9% to a seasonally adjusted annual rate of 4.81 million in July, the National Association of Realtors said Wednesday. This is the sixth straight monthly de...
Tencent Rebounds as NetEase Beats Expectations
China Last Night KraneShares Key News Asian equities followed US equities south as a less hawkish US Fed still means rate hikes in September and November. Pakistan was closed for Al-Hijra, which is al...
A Major Change Is Coming to Wall Street and Corporate America
It’s a masterstroke that went almost unnoticed on Main Street. But it has not escaped the attention of Wall Street, which will not be pleased with this move by the Democrats. In President Joe B...
This contrarian investor gave a timely warning for the last big tech top. He now sees the biggest drop of this bear market dead ahead.
When can we truly say goodbye to this bear market? While Bank of America’s global fund managers are no longer “apocalyptically bearish,” some on Wall Street remain wary. Add our call of the day to tha...
Kohl’s, BJ’s Wholesale, Estee Lauder and more
Check out the companies making headlines before the bell: Kohl’s (KSS) – Kohl’s shares slid 7.2% in the premarket after the retailer cut its full-year forecast due to increased promotional...
20 bank stocks expected to benefit the most from rising interest rates as the Federal Reserve fights inflation
When companies report financial results, analysts tend to make comparisons to the year-earlier quarter. But there are times when sequential improvements can be telling. This is one of those times for ...
SNPS Stock Jumps On Earnings Report
Synopsys (SNPS) reported quarterly results late Wednesday that beat estimates on the top and bottom lines. SNPS stock climbed. X The company reported adjusted earnings of $2.10 a share on revenue of $...
Stocks making the biggest moves after hours: Cisco, Wolfspeed & more
A sign bearing the logo for communications and security tech giant Cisco Systems Inc is seen outside one of its offices in San Jose, California, August 11, 2022. Paresh Dave | Reuters Check out the co...
Target’s Second Quarter Results Underwhelm
Target’s profit missed Wall Street’s expectations dramatically, particularly when comparing to … [+] yesterday’s Walmart Q2 results which beat Street expectations. Getty Images Target’s second q...
Lowe’s (LOW) earnings Q2 2022
A customer pushes a shopping cart towards the entrance of a Lowe’s store in Concord, California, on Tuesday, Feb. 23, 2021. David Paul Morris | Bloomberg | Getty Images Lowe’s on Wednesday...
Target (TGT) Q2 2022 earnings: Profit falls nearly 90%
A sign outside of a Target department store on June 07, 2022 in Miami, Florida. Target announced that it expects profits will take a short-term hit, as it marks down unwanted items, cancels orders and...
Lowe’s, Target, TJX and more
Check out the companies making headlines before the bell: Lowe’s (LOW) – Lowe’s rose 1% in the premarket after it reported quarterly earnings of $4.67 per share, 9 cents above estimates. T...
U.S. stock futures slip from 3-month highs as traders await Fed minutes and retail sales data
U.S. stock futures fell back from recent highs as bulls held their fire ahead of the release of Fed minutes later on Wednesday How are stock-index futures trading S&P 500 futures ES00 ES00, -0.74%...
Cisco Reports Earnings Today. What Wall Street Expects.
Text size Cisco shares closed up 0.4% on Tuesday, at $46.77, off 26% for 2022. Angel Garcia/Bloomberg Investors are eagerly awaiting the latest results from technology bellwether Cisco to get an updat...
Dow Jones Up On WMT Earnings; Elon Musk Gets This Twitter Win; Coinbase Dips As Bitcoin Falls
The Dow Jones Industrial Average fared best out of the major indexes on Tuesday, thanks to strong Walmart (WMT) earnings. Tesla (TSLA) CEO Elon Musk scored a rare win in his fight with Twitter (TWTR)....
Consumers are expected to have spent slightly more in July, but Prime Day may have boosted sales
People shop in a supermarket as inflation affected consumer prices in New York City, June 10, 2022. Andrew Kelly | Reuters Consumers are expected to have spent just slightly more in July, but they may...
Trump SPAC has another setback, delays earnings report
The social media app will be developed by Trump Media and Technology Group (TMTG). Rafael Henrique | LightRocket | Getty Images Digital World Acquisition Group, the special purpose acquisition company...
Walmart (WMT) earnings Q2 2023
A shopper wearing a protective mask shops in a Walmart store on May 18, 2021 in Hallandale Beach, Florida. Joe Raedle | Getty Images Walmart on Tuesday said sales grew more than 8%, but profits tighte...
Home Depot (HD) Q2 2022 earnings
A customer wearing a protective mask loads lumber at a Home Depot store in Pleasanton, California, Feb. 22, 2021. David Paul Morris | Bloomberg | Getty Images Home Depot on Tuesday reported higher sec...
Walmart Reports Q2 Earnings And Will Stream Paramount To Members
Photographer: Bing Guan/Bloomberg © 2022 Bloomberg Finance LP It’s been a busy week at WalmartWMT . The company reported comparable store sales increased in domestic stores 6.5% and e-commerce rose 12...
Chip stocks tanked as pandemic demand for electronics slumped, but there are still some winners
After two years of unprecedented chip sales and demand related to the COVID-19 pandemic, a long-feared reversal has struck the semiconductor industry, but some markets are still performing strongly — ...