Login
Breaking News
Walmart   Lowe's Companies   Super Micro Computer   Berkshire Hathaway   marriott   Apple Inc.   Carnival Corp.   Intel   Exxon Mobil  

S&P 500 Down Third Week In a Row, Nasdaq Falls 6th Day Straight

Sep 2, 2022
Barry Adams
Benchmark indexes extended losses for the third week in a row as investors shifted focus to the Fed's next move after the latest jobs report showed slower but solid job additions in August.

1-800-Flowes.com Drops to Eight-year Low After Quarterly Results

Sep 2, 2022
Scott Peters
The online florist and gift retailer swung to a net loss after the company struggled to integrate recent acquisitions and battled rising operating and digital marketing costs.

FLWS

Movers: 1800Flowers, Bed Bath & Beyond, Broadcom, Lululemon, Pagerduty, Starbucks

Sep 2, 2022
Barry Adams
Oil complex stocks led the gainers after the release of jobs report. Starbucks appointed a new chief. Lululemon surged on positive outlook. Broadcom gained on strong quarterly results.

FLWS AVGO PD BBBY LULU SBUX

Job Growth Slowed but Solid Despite Rising Interest Rates

Sep 2, 2022
Barry Adams
August payrolls slowed but still broad-based and healthy increase supported the market narrative that the Fed may slow down the pace of future rate hikes.

Global Markets Struggle, Oil Falls On Rate-hike and China Worries

Sep 1, 2022
Barry Adams
Bond yields rose to multi-year highs and crude oil fell after three large cities in China impose stricter mobility and social gathering restrictions. Crude oil fell 4%.

Signet Jewelers Lowered Annual Outlook, Cash Flow Turns Negative

Sep 1, 2022
Scott Peters
The jewelry retailer lowered its annual revenues and earnings per share outlook and same store sales decline on higher prices and lower transactions in the quarter.

SIG

Lands' End Swings to Q2 Loss After Gross Margin Drops

Sep 1, 2022
Scott Peters
The apparel retailer said higher promotional activities and transportation expenses negatively impacted profitability and the early arrival of inventories also drained cash.

LE


Movers: AMD, Ciena Corp, Lands' End, MongoDB, Nividia, Signet Jewelers

Sep 1, 2022
Barry Adams
MongoDB plunged after the company revised its annual outlook. Ciena fell on sales outlook. Signet declined after same store sales fell. Nvidia and AMD declined on the new U.S. licensing restrictions.

U.S. Stocks Sink Ahead of Jobs Report

Sep 1, 2022
Barry Adams
Stocks extended losses for the fifth day in a row and bond yields continue to rise ahead of the jobs report Friday. Markets are bracing for a series of rate hikes in the U.S. and Europe after central bankers orchestrated a campaign in support of higher rates.

CIEN SIG LE

Major Indexes Drop 4% In August After 4-day Decline

Aug 31, 2022
Barry Adams
World markets closed down more than 4% as central banks around the world set the stage for rate hikes beginning as early as next week. Energy prices remained in focus after inflation accelerated in Europe.

Movers: Bed Bath & Beyond, Chewy, Express, HP, HPE, PVH, Snap

Aug 31, 2022
Barry Adams
Bed Bath & Beyond announced a restructuring plan as same store sales plunge and consumers look elsewhere for popular branded goods. Snap plans to cut its operating costs. PVH lowered its annual outlook.

BBBY EXPR HPQ CHWY HPE SNAP

Stocks Lack Direction at Open, Crude Oil Drops

Aug 31, 2022
Barry Adams
Private sector job additions slowed sharply in August as employers struggle with economic uncertainties. Mortgage applications and volumes declined as rates continue to climb.

Stocks Extend 3-day Slump and Look Beyond Labor Market Strength

Aug 30, 2022
Barry Adams
U.S. stocks extended losses for the third day in a row and 2-year Treasury yield rises to a high since 2007 on stagflation worries. Crude oil prices fell 4% after Iraq confirmed that oil exports are not affected by the current civil unrest.

Big Lots Swings to Quarterly Loss, Inventories Rise 23%

Aug 30, 2022
Scott Peters
The bargain outlets operator is struggling with rising costs, weakening consumer demands and elongated supply times. The retailer's core customer base is struggling with high fuel prices and high inflation.

BIG


Best Buy Domestic Comparable Second Quarter Sales Fall 12.7%

Aug 30, 2022
Scott Peters
The electronic retailer reported sales, comparable sales and net income declined in the second quarter as high inflation and energy prices kept consumers away from purchasing expensive electronic item purchases.

BBY