Department Stores

Apple Inc (NASDAQ: AAPL) shut down one of its retail stores in Charlotte, North Carolina, after the corresponding mall suffered at least three shootings in recent months.  The iPhone maker informed the store's employees on Wednesday that the location would be closing immediately,...

U.S. stocks traded mixed, with the Dow Jones gaining around 100 points on Thursday. Here are some big stocks recording gains in today’s session. Desktop Metal, Inc. (NYSE: DM) shares rose 23% to $1.8550 after the company reported better-than-expected Q4 sales results and issued guidance....

The CNN Money Fear and Greed index showed further drop in the overall sentiment among US investors. The S&P 500 and Nasdaq recorded losses on Wednesday, dropping on the first day of March. Wall Street initially got a boost following the release of better-than-expected data from China. The...

U.S. stock futures traded mixed this morning. Here are some big stocks recording losses in today’s pre-market trading session. Gorilla Technology Group Inc. (NASDAQ: GRRR) shares tumbled 15.8% to $6.50 in pre-market trading after climbing over 38% on Thursday. Gorilla Technology Group, on...

Morgan Stanley analyst Alex Straton thinks 1H23 Softlines Retail results likely remain challenged, if not further degrade from 4Q22 trend, on potentially recessionary-like conditions, ongoing outsized inventory levels, & tougher compares. But in 2H23, the analyst sees a potential...

Gainers CinCor Pharma, Inc. (NASDAQ: CINC) shares jumped 137% to $27.93 after AstraZeneca announced it will acquire the company for $26 per share in cash. Apexigen, Inc. (NASDAQ: APGN) jumped 111% to $1.99 after climbing more than 10% on Friday. Amryt Pharma plc (NASDAQ: AMYT) gained 106.7% to $14...

U.S. stock futures traded higher this morning. Here are some big stocks recording losses in today’s pre-market trading session. Moolec Science SA (NASDAQ: MLEC) shares dropped 28.4% to $13.78 in pre-market trading after jumping 258% on Friday. Mullen Automotive, Inc. (NASDAQ: MULN) shares...

With US stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Acuity Brands, Inc. (NYSE: AYI) to post quarterly earnings at $2.80 per share on revenue of $958.92 million before the opening bell. Acuity...

In the week 5 December store checks, Morgan Stanley analyst Alex Straton observed a slight week-on-week decrease in retail foot traffic and broadly higher year-on-year promotional clearance breadth. More specifically, footfall appeared to decelerate from December Week 4 levels, an...

US stocks closed modestly lower on Thursday as investors assessed recent economic reports. Data showed US jobless claims dropped by 4,000 to 222,000 on the week ending November 12th, compared to market estimates of 225,000. Shares of Cisco Systems, Inc. (NASDAQ: CSCO) gained 5% on Thursday after...

Gainers Satixfy Communications Ltd. (NYSE: SATX) jumped 96.4% to settle at $51.70 on Thursday. Elevate Credit, Inc. (NYSE: ELVT) shares jumped 68.9% to close at $1.79 on Thursday after the company agreed to be acquired by Park Cities Asset Management in an all-cash transaction at an implied value...

U.S. stocks closed slightly lower on Thursday, with the S&P 500 dropping around 0.3%. Here is the list of some big stocks recording gains in the previous session. Satixfy Communications Ltd. (NYSE: SATX) jumped 96.4% to settle at $51.70 on Thursday. Ardelyx Inc (NASDAQ: ARDX) shares climbed 41...

Telsey Advisory Group analyst Dana Telsey reiterated a Market Perform rating on the shares of Macy's Inc (NYSE: M) with a price target of $25. The analyst said the Q3 earnings beat was driven by sales and gross margin upside relative to expectations. Net sales for the...

Gainers Elevate Credit, Inc. (NYSE: ELVT) shares surged 71.2% to $1.8150 after the company agreed to be acquired by Park Cities Asset Management in an all-cash transaction at an implied value of $67 million. Ardelyx Inc (NASDAQ: ARDX) shares jumped 45.1% to $1.7699 as the company said the FDA...

Good Morning Everyone! New FTX CEO John Ray says “never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here”.  Finally the truth. “From compromised systems integrity and...