Home Improvement Retail

(Wednesday Market Open Investors may be ready to take some profits today after the S&P 500® index (SPX) has now rallied more than 22% from June lows. In premarket action, S&P 500 futures were already down 0.84%.  Potential Market Movers But today’s...

Lowe's Companies Inc (NYSE: LOW) reported a second-quarter FY22 sales decline of 0.34% year-on-year to $27.48 billion, missing the consensus of $28.14 billion. Comparable sales decreased 0.3%, while comparable sales for the U.S. home improvement business rose 0.2%. DIY sales...

Pre-open movers U.S. stock futures traded slightly lower in early pre-market trade on Wednesday after the Dow Jones surged around 240 points in the previous session. Investors are awaiting earnings results from Target Corporation (NYSE: TGT), Lowe's Companies, Inc. (NYSE: LOW) and Cisco...

The CNN Money Fear and Greed index moved to the "greed" zone on Wednesday, following an increase in the Dow Jones and the S&P 500 on Tuesday. Upbeat results and guidance from Walmart Inc. (NYSE: WMT) and The Home Depot, Inc. (NYSE: HD) provided a boost to markets on Tuesday. However...

Bitcoin (CRYPTO: BTC), the world’s oldest cryptocurrency, managed to surpass the $24,000 level on Wednesday. The second-most valued cryptocurrency, Ethereum (CRYPTO: ETH), showed a steady growth, topping the $1,900 mark. Other popular crypto coins, including Ripple (CRYPTO: XRP) and Dogecoin...

With US stock futures trading mostly flat this morning on Wednesday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Target Corporation (NASDAQ: TGT) to report quarterly earnings at $0.73 per share on revenue of $26.09 billion before the opening bell....

(Tuesday Market Open) Equity index futures were slightly lower ahead of the opening bell as Walmart (NYSE: WMT) and Home Depot (NYSE: HD) topped earnings estimates but moved in different directions during the premarket session.  Potential Market Movers Walmart (WMT)...

(Monday Market Open) Oil prices fell overnight as new China’s economic reports raised concerns of an economic slowdown and possible reduction in global demand for oil.  Potential Market Movers WTI crude oil futures were down 5% in the premarket in response to The People’s Bank...

Stephens & Co. cut the price target for Alpha Teknova, Inc. (NASDAQ: TKNO) from $22 to $15. Alpha Teknova shares fell 5.2% to close at $5.79 on Wednesday. Needham increased the price target on Roblox Corporation (NASDAQ: RBLX) from $45 to $55. Roblox shares rose 0.2% to $48.08 in pre-market...

(Wednesday Market Open) The report everyone was waiting for this week finally came out with the Consumer Price Index (CPI) coming in lower-than-expected and prompting equity index futures to rally.  Potential Market Movers Analysts estimated the CPI would grow 0.2% in July, but the print was 0...

Although US stocks closed lower on Tuesday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider...

LL Flooring Holdings Inc (NYSE: LL) reported a second-quarter FY22 sales decline of 0.8% year-on-year to $299 million, missing the consensus of $303.20 million. Merchandise sales decreased 0.8% Y/Y to $257.57 million, while Services sales declined 1.1% to $41.39 million. Comparable store...

Wells Fargo cut Lowe's Companies, Inc. (NYSE: LOW) price target from $260 to $240. Lowe's shares fell 0.7% to $194.36 in pre-market trading. Loop Capital reduced Steven Madden, Ltd. (NASDAQ: SHOO) price target from $55 to $45. Steven Madden shares rose 0.3% to close at $39.97 on Tuesday...

Lowe's Companies Inc (NYSE: LOW) board of directors has increased the quarterly cash dividend by 31% to $1.05 from the previous quarterly dividend of $0.80 per share. The dividend is payable on August 3, 2022, to shareholders of record as of July 20, 2022. Lowe's has...

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