Month: March 2019

SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trade in Thursday’s session are Lululemon Athletica Inc., Finisar Corp., and Target Corp. Lululemon Athletica LULU, -2.19%  is projected to report first-quarter earnings of 32 cents a share, according to a consensus survey by FactSet. “We believe, given the stock’s performance
0 Comments
The just-released U.S. personal income and spending report for February came in at up 0.2%, which was in line with market expectations. The January personal consumption expenditures price index came in at down 0.1% from December and up 1.8%, year-on-year. Personal spending in January came in below expectations, at up 0.1% from December. These numbers
0 Comments
Betting on Wells Fargo might not be a safe bet, according to one strategist. The stock caught Wall Street’s attention Thursday following the company’s announcement that CEO Tim Sloan was retiring effective immediately. Shares initially surged on the news in after-hours trading before reversing and shedding over 1.5 percent in Friday’s session. But even these
0 Comments
As has been widely noted since the start of the year, marijuana equities are among 2019’s best-performing issues. Until recently, it would have been accurate to include Cronos Group (NASDAQ:CRON) in that conversation. Source: Shutterstock Although the ides of March recently struck Cronos Group stock, shares of the Canadian cannabis company are still up 94.80%
0 Comments
Inverted yield curve concerns are back, and they are creating a significant drag on financial markets. On Friday, March 22, the yield curve inverted further, including an all-important inversion between the 3-Month and 10-Year Treasury yields. The S&P 500 consequently had its worst day since early January. But, is this something to really worry about?
0 Comments
The Soro Enshi container ship sails from Yangshan Deep Water Port in Shanghai on July 10, 2018. A parliamentary committee in India said China is dumping products in their country. Photographer: Qilai Shen/Bloomberg. China is dumping products in India, an Indian parliamentary panel suggested recently. As the trade war goes on unabated, China’s trade practices
0 Comments
It’s anything but a traditional investment because World Wrestling Entertainment (NYSE:WWE) is anything but a traditional company. Wrestling in well-conceived costumes … ’nuff said. But for investors that don’t have to plug into orthodox opportunities, WWE stock may offer surprising potency. Source: Shutterstock That’s because next year’s big projected revenue growth is expected to translate
0 Comments