-
Lululemon Athletica Falls 3% Amid Reports Of A Sales Decline
Monday, October 13, 2014 - 3:25pm | 147Read More...Lululemon Athletica inc. (NASDAQ: LULU) fell Monday amid a report from Bloomberg that ITG Market Research forecasted a decline in sales for the company. The ITG report saw Q3 sales of $408 million versus the consensus estimate of $425 million. According to the report, the decline in sales was...
-
J.C. Penney Gains 4% On Optimistic Q2 Previews
Wednesday, July 2, 2014 - 10:41am | 160Read More...Shares of J.C. Penney (NYSE: JCP) jumped 4.4 percent following analyst optimism on second quarter results. Cleveland Research reported that they expect the company's second quarter sales trends to remain positive. The analyst highlighted that J.C. Penney's re-focus on private label...
-
Market Wrap For May 21: Fed's Minutes Support Wednesday's Bull Run
Wednesday, May 21, 2014 - 4:37pm | 2652Read More...U.S. stocks rose at the opening bell and continued to rise throughout the trading session. Investors and traders breathed a sigh of relief when the Federal Reserve indicated a rate hike is not likely in the short term. According to the Fed, it is examining multiple strategies to tighten its...
-
Market Wrap For April 16: Markets Hold On To Gains On Positive Yellen Comments And Economic Data
Wednesday, April 16, 2014 - 4:50pm | 2676Read More...U.S. stocks held on to strong gains as U.S. industrial production rose more than projected. The Fed confirmed it will maintain a "friendly" policy that will support the economic recovery. According to Fed Chief Janet Yellen there are three main concerns the central bank is facing. Specifically...
-
Market Wrap For January 10: Job Growth Weak, But Unemployment Falls
Friday, January 10, 2014 - 5:53pm | 2337Read More...Major indices ended the day little changed as investors and traders were not sure how to react to today's job reports. 74,000 jobs were added, well below the estimated 196,000. The report proved to be a complete contradiction to every other report previously seen. Related: ETFs Moving On The...
-
Market Wrap For December 18: Markets Flat During Day One Post Fed Taper
Thursday, December 19, 2013 - 5:47pm | 2272Read More...Major indices barely budged Thursday following yesterday's monster rally after the Fed announced it will begin tapering. Overall volume was below average which is typical in the final trading days of the year. Next week will be shortened as investors break for Christmas and a week later for new...
