Some Nike stores were closed in South Africa on Wednesday after public outcry over a racist comment by a man that local media said had links to the sportswear company.
The S&P 500’s bull market turned 3,453 days old on Wednesday, making it the longest such streak in history, according to some investors’ definition.
Here’s why these three investors think you should take a look at ExxonMobil, EOG Resources, and Phillips 66 Partners. …read more […]
U.S. stock futures dipped slightly on Wednesday as President Donald Trump’s political position was threatened by the criminal convictions of two former advisers and on caution ahead of U.S.-China trade talks.
Target Corp’s second-quarter sales and profit beat estimates on Wednesday, helped by strong online sales and higher customer visits that grew the most in a decade, sending its shares up 6 percent in premarket trade.
There are plenty of stocks I’d love to get my hands on. These two don’t represent any of them. …read more […]
Home improvement chain Lowe’s Cos Inc trimmed its full-year profit and sales forecasts on Wednesday as it began winding down Orchard Supply Hardware stores and planned to cut down its own inventories in the face of weakening U.S. homebuilding.
Target Corp’s second quarter sales and profit beat estimates on Wednesday, sending its shares up 4 percent in premarket trade, helped by strong online sales and higher customer visits that grew the most in a decade.
Stocks faltered and bonds rose on Wednesday as U.S. President Donald Trump’s political position was threatened by the criminal convictions of two former advisers, while the U.S. dollar reversed course and headed for its sixth straight day of losses.
Industrial gases giants Linde and Praxair are in talks to try to salvage their $83 billion merger after U.S. competition regulators demanded they sell assets that generate more than $4.3 billion in sales.
Newly appointed Air France-KLM Chief Executive Ben Smith held talks with French Transport Minister Elisabeth Borne, a government spokesman said on Wednesday, as the airline group’s unions prepare to decide on further strike action over pay.
Target Corp reported a better-than-expected 4.9 percent rise in comparable sales in the second quarter, as more customers visited its stores and made purchases online, sending its shares up 4 percent in trading before the bell.
Lowe’s Cos Inc trimmed its full-year profit and sales forecast on Wednesday, as the home improvement chain plans to cut down inventories and pour money into faster-moving goods to keep sales up in the face of weakening U.S. homebuilding.
Lowe’s Cos Inc missed estimates for quarterly same-store sales on Wednesday as the home improvement retailer bore the brunt of a slowdown in the U.S. housing market, sending its shares down 4 percent.
Stocks faltered and bonds rose on Wednesday as U.S. President Donald Trump’s political position was threatened by the criminal convictions of two former advisers, while the U.S. dollar steadied after five consecutive days of losses.
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