Strong earnings reports from Target and Lowe's increased optimism about U.S. consumer spending. source https://finance.yahoo.com/news/happened-stock-market-today-205637281.html?.tsrc=rss
Month: August 2019
Macy’s and J.C. Penney Need Help. ThredUp Isn’t It.
The premise of selling used apparel has been cheered, but premises don’t pay the bills. source https://finance.yahoo.com/news/macy-apos-j-c-penney-205000811.html?.tsrc=rss
Gregg Fisher’s Gerstein Fisher 2nd-Quarter Letter
The turnaround this year, prospects for a bear market, the problem with rising global and domestic debt, and some risky market trends, including the rise of indexing…… Read more “Gregg Fisher’s Gerstein Fisher 2nd-Quarter Letter”
Accused Capital One Hacker’s Volatile History Put Before Judge
(Bloomberg) — Federal prosecutors in Seattle have pieced together a string of disturbing social-media posts and police complaints to portray the accused Capital One Financial Corp. hacker…… Read more “Accused Capital One Hacker’s Volatile History Put Before Judge”
KBR Dividend Declaration
HOUSTON, Aug. 21, 2019 /PRNewswire/ — KBR, Inc. (KBR) announced today its Board of Directors has declared a regular quarterly cash dividend of eight cents ($0.08) per…… Read more “KBR Dividend Declaration”
T-Mobile plans 5G accelerator with major companies including Intel, records show
The companies plan to open a 5G innovation lab and incubator based at T-Mobile's Bellevue headquarters, according to an application filed with the state of Washington. source…… Read more “T-Mobile plans 5G accelerator with major companies including Intel, records show”
VeriSign, Inc. — Moody’s announces completion of a periodic review of ratings of VeriSign, Inc.
Announcement of Periodic Review: Moody’s announces completion of a periodic review of ratings of VeriSign, Inc. New York, August 21, 2019 — Moody’s Investors Service (“Moody’s”) has…… Read more “VeriSign, Inc. — Moody’s announces completion of a periodic review of ratings of VeriSign, Inc.”
Pinduoduo, IBD Stock Of The Day, Puts A Social Emphasis On E-Commerce
Pinduoduo stock is the IBD Stock Of The Day. The unique Chinese e-commerce company is self-described as "Costco meets Disneyland." Second-quarter earnings smashed Wall Street estimates. source…… Read more “Pinduoduo, IBD Stock Of The Day, Puts A Social Emphasis On E-Commerce”
Why Cree, MSG Networks, and Children’s Place Slumped Today
Even a strong market couldn't lift these stocks. source https://finance.yahoo.com/news/why-cree-msg-networks-children-203300550.html?.tsrc=rss
Why Urban Outfitters, iQiyi, and At Home Group Jumped Today
Great news from the retail sector lifted confidence in the U.S. economy. source https://finance.yahoo.com/news/why-urban-outfitters-iqiyi-home-203200242.html?.tsrc=rss