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Mixed Earnings Reports From Lowe's And Target Keep Retailers In The Forefront
Wednesday, August 17, 2022 - 10:52am | 1930(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...
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Lowe's Q2 Highlights: Flat Sales, Bottom-Line Beat, Sluggish DIY Trends & More
Wednesday, August 17, 2022 - 7:05am | 276Lowe'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...
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U.S. Stock Futures Edge Lower; Fed Minutes In Focus
Wednesday, August 17, 2022 - 5:17am | 760Pre-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...
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Investor Optimism Rises Following Strong Retail Earnings
Wednesday, August 17, 2022 - 5:08am | 318The 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...
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Ethereum Rises Above $1,900; Here Are The Top Crypto Movers For Wednesday
Wednesday, August 17, 2022 - 3:55am | 504Bitcoin (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...
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Target, Lowe's And 3 Stocks To Watch Heading Into Wednesday
Wednesday, August 17, 2022 - 3:36am | 274With 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....
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The S&P 500 May Be Breaking Away From The Suppression Of A Strong Dollar
Tuesday, August 16, 2022 - 11:15am | 2233(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)...
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Oil Prices Fall In Premarket Action Pulling Chevron, Exxon, And Occidental Downward
Monday, August 15, 2022 - 12:45pm | 1968(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...
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Citigroup Predicts $205 For Lowe's Companies; Also Check Out Some Other Big PT Changes
Thursday, August 11, 2022 - 7:39am | 435Stephens & 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...
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Peak Inflation: July CPI Report Was Much Better Than Expected
Wednesday, August 10, 2022 - 10:16am | 1865(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...
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Insiders Buying VOXX International And 2 Other Stocks
Wednesday, August 10, 2022 - 6:48am | 523Although 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...
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LL Flooring Shares Slide On Missing Q2 Street Expectation
Wednesday, August 3, 2022 - 9:35am | 321LL 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...
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10 Biggest Price Target Changes For Wednesday
Wednesday, June 8, 2022 - 7:42am | 419Wells 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...
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Lowe's Hikes Dividend By 31%
Friday, May 27, 2022 - 11:56am | 205Lowe'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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SusGlobal Energy — Recycling In The Circular Economy?
Wednesday, May 25, 2022 - 8:19am | 649This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. The circular economy is a concept that decouples economic activity from the consumption of finite resources. Or, as this European Parliament document states...