Tiffany – The luxury goods retailer beat estimates by 3 cents with quarterly profit of $1.67 per share. Revenue also beat forecasts, and a same-store sales increase of 3 percent was slightly above the consensus estimate of 2.8 percent. Hibbett Sports – The athletic apparel retailer beat estimates on both the top and bottom lines, […]
Stocks reverse some of their losses from earlier in the week as smaller, U.S.-focused companies rise and energy companies climb in tandem with oil prices. U.S. stocks edged higher Friday as gains from energy companies, industrial firms and smaller companies helped the market end a modest losing streak. Oil and gas companies climbed along with […]
Spring isn’t just about cleaning out closets or shopping for your dream home. It’s also a good time to freshen up your stock portfolio. How? By jettisoning stocks you no longer like and buying ones with potential to bloom. And with the U.S. stock market back on stronger footing after a rocky period early in […]
Entrepreneurship is a demanding gig. About 19 percent of business owners work more than 60 hours per week. Also, 82 percent work more than the standard 40 hours a week. On top of other responsibilities, including eating, sleeping, and spending time with the family, there’s not much time to manage your personal finances. However, every entrepreneur should […]
Small-cap stocks could outperform their large-cap counterparts the rest of this year if President Donald Trump increases his protectionist stance on trade and other matters. They also have further potential upside relative to large stocks from the lower corporate tax rate. The Russell 2000 — which is made up of small-cap stocks — is up nearly 5 percent through […]
Stocks finished mostly lower Thursday in another choppy day of trading after a midday rally faded. Industrial and technology companies rose, but smaller companies and chemical makers skidded. Without any major economic reports or further development on issues like tariffs, stocks drifted up and down. The market was coming off two days of losses, and […]
Stocks are having a nice rally early Thursday, but the market may struggle to add to gains the rest of the day and Friday because of an unusual culprit posed by one market analyst: The NCAA men’s basketball tournament. The so-called March Madness college basketball tournament kicked off at 12:15 p.m. ET Thursday. It is […]
With major U.S. stock indexes within striking distance of record levels, are there any stocks that have further room to grow? There are still some values to be had, according to Morgan Stanley, which unveiled a new version of its “Fresh Money Buy List,” a collection of the firm’s ultimate picks for equities. The list, […]
The U.S. stock market has largely recovered since the correction it suffered in early February, but those gains could mean investors are failing to appreciate the potential for volatility returning to the market. According to Goldman Sachs, option prices for the average company in the S&P 500 dropped by 10% in the latest week, a […]
European stocks erased earlier gains to close in negative territory on Wednesday, tracking losses in the U.S. where growing fears of a trade war sent markets lower. Stocks in Europe had traded higher earlier in the day, buoyed after European Central Bank President Mario Draghi said its bond-buying program will likely continue if underlying inflation […]
Check out which companies are making headlines before the bell: Broadcom – Broadcom scrapped its bid for rival chipmaker Qualcomm after President Trump blocked the proposed deal. Broadcom said it is disappointed with the outcome but will comply with the president’s order and move ahead with its plan to relocate to the United States. Ford […]
We looked at the big technical reversal signals yesterday in the S&P 500 and Nasdaq–all led by the key reversal signals in Amazon, Microsoft and Apple. Despite the new highs that were made in these stocks, following the big February correction, the short-term trend for the broader market remains down. And with the behavior in […]
