December 11, 2019
“AutoZone (AZO) – The auto parts retailer earned $14.30 per share for its first quarter, better than the $13.74 per share consensus estimate. Revenue beat forecasts as well, and comparable-store sales rose 3.4% versus the 2.5% rise expected by analysts surveyed… Continue Reading…
December 9, 2019
“PG&E Corp. surged to a two-month high after reaching a $13.5 billion settlement with the victims of wildfires ignited by its power lines — a major step toward resolving the biggest utility bankruptcy in U.S. history. The agreement, announced late… Continue Reading…
December 9, 2019
“Gainers Genesco Inc. GCO 5.5% rose 32.3% to close at $48.82 on Friday after the company reported upbeat Q3 earnings and issued strong FY20 EPS forecast. Big Lots, Inc. BIG 6.18% gained 31.6% to close at $25.21 after the company reported upbeat results for… Continue Reading…
December 6, 2019
“The U.S. economy added far more jobs than expected in November and the joblessness rate edged down to a 50-year low, as the domestic labor market continued to fire on all cylinders. Change in non-farm payrolls: +266,000 vs. +180,000 expected and +156,000 in… Continue Reading…
December 6, 2019
“1. Not cleaning up monthly statements…2. Not taking advantage of rewards credit cards…3. Not using up your FSA account…4. Not contributing enough to your 401(k)…5. Not planning for major 2020 events… Accumulating the necessary funds for big-ticket items (e.g., a… Continue Reading…
December 5, 2019
“Shares of Peloton, the buzzy bike startup, fell more than 9% on Tuesday as backlash to a new holiday ad built on social media. That erased nearly $942 million from Peloton’s market value in a single day, bringing the company’s market… Continue Reading…
December 5, 2019
“Netflix (NFLX) +3,787% It wasn’t even close. Netflix stock was just $7.87 at the start of 2010; however since then, the stock has surged a whopping 3,787% and closed at $306.16 per share Tuesday… Marketaxess Holdings (MKTX) +2,761% “… Shares… Continue Reading…
December 4, 2019
“On Black Friday, shoppers spent a record-breaking $7.4 billion, according to preliminary data published by Adobe Analytics, which measures transactions from 80 of the top 100 online retailers. It marks the second-largest online sales day ever, falling slightly short of last year’s Cyber… Continue Reading…
December 4, 2019
“The National Association of Realtors said Wednesday that its pending home sales index, which measures the number of purchase contracts signed, fell 1.7% last month. The signed contracts become final purchases 1-2 months later. Still, declining mortgage rates over time have lifted… Continue Reading…
December 3, 2019
“US corporations are sitting on nearly $10 trillion in debt. That’s equivalent to roughly 47% of the overall economy, which is a record, according to date first cited by the Washington Post. Since the financial crisis in 2008, corporations have splurged… Continue Reading…
Recent Comments