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McDonald's, Moderna And 2 Other Stocks Insiders Are Selling
Tuesday, September 5, 2023 - 7:57am | 655The Nasdaq 100 closed slightly lower on Friday. 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. Insider sales...
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Fear & Greed Index Moves To 'Greed' Zone Following Jobs Data
Tuesday, September 5, 2023 - 2:34am | 433The CNN Money Fear and Greed index moved to the "Greed" zone on Friday following the release of latest jobs report. The U.S. economy added 187,000 jobs in August versus the downwardly revised 157,000 increase in July and compared to market expectations of 170,000. The unemployment rate...
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Lululemon To Rally Around 18%? Here Are 10 Other Analyst Forecasts For Friday
Friday, September 1, 2023 - 7:57am | 537Needham raised the price target for Ciena Corporation (NYSE: CIEN) from $50 to $60. Needham analyst Alex Henderson maintained a Buy rating. Ciena shares rose 15.8% to close at $49.98 on Thursday. Telsey Advisory Group cut Dollar General Corporation (NYSE: DG) price target from $185 to $145....
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Kylie Jenner Contemplates Regaining Control of Her Cosmetics Line Amid Coty Disappointment
Thursday, August 31, 2023 - 10:46am | 476Kylie Jenner has explored redeeming ownership of the cosmetics line she sold to Coty Inc (NYSE: COTY) three years ago after the multinational beauty company failed to meet her expectations. The American socialite, media personality, and businesswoman discussed buying...
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LULU Defies Challenging Macro Environment: Analyst Sees Continued 'Beat-and-Raise' Potential
Wednesday, August 30, 2023 - 2:03pm | 373Wedbush analyst Tom Nikic reiterated an Outperform rating on the shares of Lululemon Athletica Inc (NASDAQ: LULU) with a price target of $415. The company will report second-quarter FY23 earrings on Thursday, August 31, 2023, before market opens. The analyst said that...
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Burger King Grilled in Court: Are Whoppers Really 35% Smaller Than Advertised?
Wednesday, August 30, 2023 - 9:53am | 492A recent legal case involving Burger King has taken a significant turn as a U.S. District Judge, Roy Altman, rejected Burger King's attempt to dismiss a lawsuit alleging that the fast-food chain deceived customers by portraying its Whopper sandwich as larger than it truly is....
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Kimberly-Clark, Electronic Arts And 2 Other Stocks Insiders Are Selling
Wednesday, August 30, 2023 - 8:54am | 689The Nasdaq 100 closed higher by over 2% on Tuesday. 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. Insider sales...
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Tuesday's Market Minute: Retail Earnings Winners & Losers
Tuesday, August 29, 2023 - 12:23pm | 444With earnings season coming to a close, several retailers are set to report this week to wrap up the quarter. PVH Corp. reports Tuesday after the close, with Five Below (NASDAQ: FIVE), Chewy (NYSE: CHWY), and Victoria’s Secret (NYSE: VSCO) releasing Wednesday also after the closing bell...
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When Titans Meet: Macy's Partner With Gap For Sleepwear And Intimates Collections
Tuesday, August 29, 2023 - 12:21pm | 309Macy's Inc (NYSE: M) has partnered with Gap, Inc. (NYSE: GPS) to launch an exclusive collection of sleepwear, underwear and intimates for men and women. The move marks the first-ever partnership between these two brands. The product categories will offer an assortment...
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What To Expect From Lululemon's Q2? Analyst Sees Momentum, New Stores and Global Expansion
Friday, August 25, 2023 - 3:07pm | 425Telsey Advisory Group analyst Dana Telsey reiterated an Outperform rating on Lululemon Athletica Inc. (NASDAQ: LULU), with a price target of $430. The analyst is remarkably upbeat about LULU's results and applauds the company's investment in future growth opportunities (...
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Nvidia's Strong Quarter Has Tech Poised For Further Upside As Investors Prep For Powell Speech
Thursday, August 24, 2023 - 12:26pm | 2066(Thursday market open) Yesterday’s tech-driven rally appears to be extending into Thursday after chipmaker Nvidia (NASDAQ: NVDA) reported a blowout quarter last night, fueling bullishness over artificial intelligence (AI). Nvidia shares surged in premarket trading after the...
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From Weight Gain Compensation to Racial Discrimination: McDonald's in the Legal Spotlight
Thursday, August 24, 2023 - 9:16am | 501Today's top stories for McDonald's Corp. (NYSE: MCD) encompass a labor-related compensation case in Brazil, a racial discrimination lawsuit in Chicago, and the introduction of a new McFlurry flavor in Australia. Franchise Labor Issues: In Sao Paulo, Brazil, a court has...
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Bioventus And 3 Other Stocks Under $5 Insiders Are Buying
Wednesday, August 23, 2023 - 9:23am | 596The Dow Jones closed lower by 175 points on Tuesday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below...
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Marvell Technology To Rally Around 18%? Here Are 10 Other Analyst Forecasts For Wednesday
Wednesday, August 23, 2023 - 9:15am | 533Roth MKM lowered the price target for Canadian Solar Inc. (NASDAQ: CSIQ) from $70 to $50. Roth MKM analyst Justin Clare maintained a Buy rating. Canadian Solar shares gained 0.3% to $26.88 in pre-market trading. Mizuho boosted The Williams Companies, Inc. (NYSE: WMB) price target from $40 to $...
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Tech Sector Aims To Follow Monday's Bounce As Investors Mark Time Ahead Of Fed Chair's Friday Speech.
Tuesday, August 22, 2023 - 2:12pm | 2126(Tuesday market open) U.S. stocks ended a four-day slide Monday with help from the technology sector, which seems poised to provide a further boost Tuesday, overshadowing mixed earnings from retailers Dick’s Sporting Goods (NYSE: DKS), Lowe’s (NYSE: LOW), and...