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Mid-Day Market Update: Crude Oil Up Over 4.5%; Kohl's Shares Surge On Upbeat Results
Thursday, August 11, 2016 - 12:35pm | 717Midway through trading Thursday, the Dow traded up 0.71 percent to 18,626.77 while the NASDAQ climbed 0.47 percent to 5,229.26. The S&P also rose, gaining 0.51 percent to 2,186.52. Leading and Lagging Sectors On Thursday, the energy sector proved to be a source of strength for the...
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Benzinga's Volume Movers
Thursday, August 11, 2016 - 10:29am | 214Alpha and Omega Semiconductor Ltd (NASDAQ: AOSL) surged 16.9 percent to $17.41. The volume of Alpha and Omega Semiconductor shares traded was 1105 percent higher than normal. Alpha and Omega posted stronger-than-expected fourth-quarter results. Macy's Inc (NYSE: M) shares moved...
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Going Shopping: Earnings From Big Retailers Surpass Expectations
Thursday, August 11, 2016 - 10:04am | 1604Anyone nostalgic about trips downtown to go shopping with their families is likely to appreciate Thursday’s full menu of department store earnings. But as a reminder that this is the 21st century, Thursday also features earnings from a huge Chinese e-commerce retailer that’s growing...
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Mid-Morning Market Update: Markets Open Higher; Alibaba Profit Tops Estimates
Thursday, August 11, 2016 - 9:56am | 717Following the market opening Thursday, the Dow traded up 0.41 percent to 18,571.44 while the NASDAQ climbed 0.46 percent to 5,228.45. The S&P also rose, gaining 0.34 percent to 2,182.82. Leading and Lagging Sectors Thursday morning, the cyclical consumer goods & services...
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The Market In 5 Minutes: Valeant's Fraud, Macy's Beat, And Arianna's Departure
Thursday, August 11, 2016 - 8:59am | 1108Below is a tool used by the Benzinga News Desk each trading day -- it's a look at everything happening in the market, in five minutes. Apply for daily AM access by clicking here or email minutes@benzinga.com. Macro Focus U.S. stock futures traded higher in early pre-market trade. Futures...
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10 Must Watch Stocks for Today
Thursday, August 11, 2016 - 5:18am | 513Some of the stocks that may grab investor focus today are: Wall Street expects Macy's Inc (NYSE: M) to report quarterly earnings at $0.45 per share on revenue of $5.74 billion before the opening bell. Macy's shares gained 1.18 percent to $34.40 in after-hours trading. Blue...
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Earnings Scheduled For August 11, 2016
Thursday, August 11, 2016 - 4:06am | 971Companies Reporting Before The Bell Brinker International, Inc. (NYSE: EAT) is estimated to report its quarterly earnings at $1.23 per share on revenue of $881.67 million. Alibaba Group Holding Ltd (NYSE: BABA) is expected to report its quarterly earnings at $0.62 per share on...
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Coach Chief Victor Luis Talks Earnings, Outlook
Wednesday, August 10, 2016 - 8:28am | 338Coach Inc (NYSE: COH)'s CEO Victor Luis was a guest on CNBC Tuesday to talk about the company's Q2 earnings print and his outlook looking forward. Luis highlighted the company's recent quarter's accomplishments, including a 2 percent North American comp growth which was actually...
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Jobs Report, More Earnings Ahead, But British Rate Cut Provides Early Lift
Thursday, August 4, 2016 - 10:50am | 1325With earnings season waning, the market may get a new catalyst from the Bank of England, which cut rates Thursday for the first time since 2009. The Bank of England cut interest rates to a record low of 0.25%, and also announced plans to purchase 10 billion pounds in corporate bonds, while...
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Retailers Are Awfully Weak This Morning
Wednesday, August 3, 2016 - 9:45am | 394Another earnings season, another poor performance for retailers. Shares of Kate Spade & Co (NYSE: KATE) were trading lower by nearly 20 percent after the company reported a top and bottom line earnings beat in its second quarter print but slashed its full year fiscal 2016 earnings per share...
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Watch These 7 Huge Call Purchases In Tuesday Trade
Tuesday, July 5, 2016 - 1:27am | 231Benzinga's newsdesk monitors options activity to notice unusual patterns. These large volume (and often out of the money) trades were initially published intraday in Benzinga Professional . These trades were placed during Friday's regular session. Cabot Oil & Gas Corporation (...
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Watch These 7 Huge Call Purchases In Friday Trade
Friday, July 1, 2016 - 2:46am | 235Benzinga's newsdesk monitors options activity to notice unusual patterns. These large volume (and often out of the money) trades were initially published intraday in Benzinga Professional . These trades were placed during Thursday's regular session. Macy's, Inc. (NYSE: M)...
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Watch These 7 Huge Call Purchases In Monday Trade
Monday, June 20, 2016 - 1:45am | 233Benzinga's newsdesk monitors options activity to notice unusual patterns. These large volume (and often out of the money) trades were initially published intraday in Benzinga Professional . These trades were placed during Friday's regular session. GrubHub Inc (NYSE: GRUB) Sep16 35....
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Barclays Previews Finish Line's Q1 Earnings
Friday, June 17, 2016 - 10:11am | 291As Finish Line Inc (NASDAQ: FINL) is getting ready for announcing its first quarter financial numbers on June 24, Barclays previewed its earnings. The brokerage has an Equal-Weight rating with a price objective of $18. "We are decreasing our 1Q17 EPS estimates to $0.23 from $0.28 to...
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Buckingham Defends Kate Spade, Says Macy's CEO Handbag Comments Are 'Irrelevant'
Thursday, May 12, 2016 - 6:17pm | 214Buckingham Research Group's Scott Krasik "reiterated" Kate Spade & Co (NYSE: KATE)'s Buy Rating and $31.00 price target. This support came after Kate Spade cut FY16 sales and EPS guidance Wednesday, which pushed the price down 16 percent. Krasik said the "pullback...