-
A Peek Into The Markets: US Stock Futures Rise Following Tuesday's Plunge
Wednesday, February 23, 2022 - 4:56am | 687Pre-open movers U.S. stock futures traded higher in early pre-market trade after recording sharp losses in the previous session amid escalating Russia-Ukraine tensions. US President Biden late Tuesday announced sanctions on some Russian banks and individuals. Investors are awaiting earnings results...
-
5 Stocks To Watch For February 23, 2022
Wednesday, February 23, 2022 - 4:01am | 349Some of the stocks that may grab investor focus today are: Wall Street expects Lowe's Companies, Inc. (NYSE: LOW) to report quarterly earnings at $1.70 per share on revenue of $20.87 billion before the opening bell. Lowe's shares rose 0.1% to $214.71 in after-hours trading. Palo Alto...
-
Tuesday's Market Minute: A Busy Holiday-Shortened Week
Tuesday, February 22, 2022 - 2:12pm | 613Photo by Michael Parulava on Unsplash This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. This morning, the focus for investors and traders is on geopolitical tensions, inflation concerns, economic data,...
-
Lowe's Expects FY22 Sales To Miss Consensus, Adds $13B To Repurchase Authorization
Wednesday, December 15, 2021 - 9:11am | 209Lowe's Companies Inc (NYSE: LOW) reiterated its outlook for operating results for FY21 total sales to be about $95 billion, versus the consensus of $95.65 billion. The company expects FY21 gross margin of 33.10% and an operating income margin of 12.4%. For FY22, Lowe's...
-
10 Biggest Price Target Changes For Monday
Monday, December 6, 2021 - 8:01am | 397Cowen & Co. raised the price target on The Boston Beer Company, Inc. (NYSE: SAM) from $400 to $500. Boston Beer shares rose 1% to $465.20 in pre-market trading. Keybanc lowered Darden Restaurants, Inc. (NYSE: DRI) price target from $180 to $172. Darden shares fell 0.5% to close at $142.35...
-
Lowe's Companies Inc.: The Winning Streak Continues
Monday, November 22, 2021 - 11:54am | 562Shares of Lowe’s Companies Inc. (NYSE: LOW) traded today at $256.07, eclipsing its 12-month high. So far today approximately 1.9 million shares have been exchanged, as compared to an average 30-day volume of 3 million shares. Over the past year, Lowe’s Companies Inc. has traded in a...
-
10 Biggest Price Target Changes For Thursday
Thursday, November 18, 2021 - 7:18am | 393Telsey Advisory Group lifted Lowe's Companies, Inc. (NYSE: LOW) price target from $250 to $275. Lowe's shares rose 0.1% to $246.00 in pre-market trading. Keybanc boosted NVIDIA Corporation (NASDAQ: NVDA) price target from $260 to $350. NVIDIA shares gained 6.8% to $312.41 in pre-market...
-
Mid-Afternoon Market Update: Dow Falls 200 Points; Rockwell Medical Shares Spike Higher
Wednesday, November 17, 2021 - 2:39pm | 830Toward the end of trading Wednesday, the Dow traded down 0.58% to 35,930.89 while the NASDAQ fell 0.27% to 15,930.79. The S&P also fell, dropping 0.23% to 4,690.24. The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 48,161,370 cases with around...
-
Mid-Day Market Update: StoneCo Drops After Q3 Earnings; EyePoint Pharmaceuticals Shares Surge
Wednesday, November 17, 2021 - 12:15pm | 820Midway through trading Wednesday, the Dow traded down 0.51% to 35,958.22 while the NASDAQ rose 0.03% to 15,977.88. The S&P also fell, dropping 0.13% to 4,694.96. The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 48,161,370 cases with around 786,...
-
Metaverse: A Quick Intro for Investors
Wednesday, November 17, 2021 - 11:00am | 1814Retailers continue to attract attention from investors with more earnings announcements. Before Wednesday’s open, Lowe’s (NYSE: LOW) and Target (NYSE: TGT) both announced better-than-expected earnings and revenue. However, Lowe’s rose nearly 4% in premarket...
-
Mid-Morning Market Update: Markets Down; Lowe's Earnings Beat Estimates
Wednesday, November 17, 2021 - 10:12am | 867Following the market opening Wednesday, the Dow traded down 0.34% to 36,017.63 while the NASDAQ fell 0.19% to 15,944.13. The S&P also fell, dropping 0.23% to 4,690.06. The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 48,161,370 cases with around...
-
Lowe's Q3 Earnings Top Estimates, Raises FY21 Revenue Outlook; To Buyback $3B Stock In Q4
Wednesday, November 17, 2021 - 6:54am | 314Lowe's Companies Inc (NYSE: LOW) reported third-quarter FY21 sales growth of 2.7% year-on-year, to $22.92 billion, beating the analyst consensus of $21.99 billion. Comparable sales increased 2.2%, while comparable sales for the U.S. home improvement business rose 2.6%. U.S....
-
A Peek Into The Markets: US Stock Futures Mixed Ahead Of Earnings, Fed Speakers
Wednesday, November 17, 2021 - 5:40am | 744Pre-open movers U.S. stock futures traded mixed in early pre-market trade after closing mostly flat in the prior session. Investors are awaiting earnings results from Lowe`s Companies Inc (NYSE: LOW), Target Corporation (NYSE: TGT), Cisco Systems Inc (NASDAQ: CSCO) and Cisco Systems Inc (...
-
5 Stocks To Watch For November 17, 2021
Wednesday, November 17, 2021 - 4:15am | 311Some of the stocks that may grab investor focus today are: Wall Street expects Lowe`s Companies Inc (NYSE: LOW) to report quarterly earnings at $2.35 per share on revenue of $21.99 billion before the opening bell. Lowe`s shares rose 0.1% to $245.00 in after-hours trading. La-Z-Boy Incorporated (...
-
Consumer Sentiment Hit a Decade Low Due to Rising Inflation
Monday, November 15, 2021 - 12:57pm | 1781Stock index futures are pointing to a higher open as President Joe Biden is expected to sign the infrastructure bill. Additionally, President Biden is scheduled to meet with President XI Jinping of China on Tuesday to discuss tariffs and supply chain issues. However, last week’s Michigan...