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Holiday Hiring In A Pinch? Dick's Sporting Goods Aims To Hire Less Seasonal Help Than Last Year
Tuesday, September 26, 2023 - 2:38pm | 511Dick's Sporting Goods Inc (NYSE: DKS) disclosed its intentions to onboard 8,600 seasonal teammates across the nation in anticipation of the upcoming holiday season. Last year, the athletic-wear chain had marked a target of hiring 9,000 interim staff for the festive rush. The...
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Why Brainstorm Cell Therapeutics Shares Are Trading Lower By 33%? Here Are Other Stocks Moving In Monday's Mid-Day Session
Monday, September 25, 2023 - 1:04pm | 1511Gainers TransCode Therapeutics, Inc. (NASDAQ: RNAZ) shares jumped 308% to $2.71 after the company announced pre-clinical gliblastoma results with its lead candidate, TTX-MC138. FaZe Holdings Inc. (NASDAQ: FAZE) gained 46.9% to $0.2247 after falling over 4% on Friday. Avalo Therapeutics, Inc. (...
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From TikTok Trend To Must-Have Accessory: Lululemon's Smart Play In The Cross-Body Bag Game And What's Next For The Brand: Analyst
Thursday, September 21, 2023 - 1:13pm | 472Telsey Advisory Group analyst Dana Telsey reiterated an Outperform rating on Lululemon Athletica Inc. (NASDAQ: LULU), with the unchanged price target of $450. Despite significant growth over the past two years, Lululemon continues to see strength in its accessories business,...
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McDonald's, Halliburton And 2 Other Stocks Insiders Are Selling
Thursday, September 21, 2023 - 7:24am | 678The Nasdaq 100 closed lower by more than 200 points on Wednesday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company’s prospects or that they view the stock as being overpriced...
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Fed Countdown: Fireworks Lacking As Market Trades In Narrow Range Ahead Of Wednesday's Rate Decision
Tuesday, September 19, 2023 - 2:15pm | 2294(Tuesday market open) Narrow, choppy trading typical of the days approaching a Federal Reserve interest rate decision seems likely to continue Tuesday. The Fed meeting begins today and concludes tomorrow, with markets baking in a likely pause in rate hikes, yet investors remain on edge about...
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MGM Resorts Could Lose Out On Casino Licenses In New York City Due To Bookie Scandal: Report
Tuesday, September 19, 2023 - 8:13am | 428Chances of MGM Resorts International (NYSE: MGM) to win two of the three coveted full-scale casino licenses in New York city has reportedly become complicated after an alleged bookmaking scandal that's unfolding in Las Vegas. MGM Grand and Resorts World, operators, respectively, of...
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Dell Technologies To Rally More Than 15%? Here Are 10 Other Analyst Forecasts For Tuesday
Tuesday, September 19, 2023 - 7:53am | 553Raymond James increased the price target for Vital Energy, Inc. (NYSE: VTLE) from $54 to $67. Raymond James analyst John Freeman maintained an Outperform rating. Vital Energy shares rose 0.5% to $54.37 in pre-market trading. B of A Securities slashed PTC Therapeutics, Inc. (NASDAQ: PTCT) price...
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Govt Tried To Kill Housing: A Homebuilder Surprises With Q3 New Orders Up 37%
Friday, September 15, 2023 - 11:45am | 389Thursday after close, Lennar Corporation (NYSE: LEN) reported quarterly earnings of $3.91 per share, which beat the analyst consensus estimate of $3.51. Quarterly sales of $8.73 billion beat the analyst consensus estimate of $8.45 billion but fell 2.28% from the same period...
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Full Plate: Lots To Digest As Investors Process Stronger-than-Expected PPI, Mixed Retail Sales
Thursday, September 14, 2023 - 11:55am | 2230(Thursday market open) A host of fresh economic data early Thursday showed the U.S. consumer and labor market remain in relatively good health, but wholesale inflation is ticking up a bit more than expected. The calculus isn’t likely to affect next week’s interest-rate decision...
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Investor Sentiment Declines Further Following Inflation Data
Thursday, September 14, 2023 - 3:28am | 379The CNN Money Fear and Greed index showed further decline in overall sentiment among U.S. investors on Wednesday. U.S. stocks closed mixed on Wednesday, as investors digested hotter-than-expected inflation data for August. The annual inflation rate in the U.S. rose for a second consecutive month to...
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Lululemon's Strategic Plan Pays Off As Data Reveals Evolving Demographics
Wednesday, September 13, 2023 - 12:17pm | 573Lululemon Athletica Inc (NASDAQ: LULU) reported a 30% sales increase last year, outperforming its initial projections. CEO Calvin McDonald on Tuesday detailed the company's trajectory at the Goldman Sachs Group's 30th Annual Global Retailing Conference. His insights are supported by data...
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Not A Four-Letter Word: "Risk" Embraced To Start Week Despite Rising Treasury Yields
Monday, September 11, 2023 - 1:37pm | 2461(Monday market open) After a lackluster start to the month, Wall Street turns its collective attention to critical U.S. inflation data and a European Central Bank (ECB) meeting later this week. Things are looking up so far as investors seem slightly less risk-averse this morning....
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Trudge Into Weekend: Firm Dollar, Yields, And Crude Sink Markets As China Worries Persist For Tech
Friday, September 8, 2023 - 11:12am | 2115(Friday market open) This short week is starting to feel long, and for many investors it probably can’t end soon enough. Stocks around the world remained in the red early Friday and major U.S. indexes are on pace for more losses, hurt by the troika of rising yields, a firm dollar, and...
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Why Toro Shares Are Sliding Today?
Thursday, September 7, 2023 - 12:37pm | 555The Toro Co (NYSE: TTC) shares are trading lower by around 13% after the company reported worse-than-expected Q3 results and cut its FY23 guidance. The company reported a sales decline of 7% Y/Y to $1.08 billion, missing the consensus of $1.22 billion. Adjusted EPS of $0.95 (-20% Y/Y)...
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American Express To Rally Over 25%? Here Are 10 Other Analyst Forecasts For Tuesday
Tuesday, September 5, 2023 - 8:19am | 568Wells Fargo raised the price target for Equity Residential (NYSE: EQR) from $62 to $69. Wells Fargo analyst James Feldman upgraded the stock from Equal-Weight to Overweight. Equity Residential shares rose 0.6% to $64.39 in pre-market trading. B. Riley Securities cut 5E Advanced Materials, Inc...