European markets slide, despite mixed moves in Asia overnight. Greece weighs heavily on investors as International Monetary Fund Chief Christine Lagarde warns exit from Euro still possible. Switzerland’s economy shrinks in first quarter as exports squeezed by rising franc. Datacenter operator Equ
Even though the struggling apparel retailer reported another loss and big sales drop, investors seem to be relieved that Abercrombie & Fitch’s results weren’t as bad as some feared.
For Friday, May 29 TheStreet highlights two notable companies reporting their quarterly financial results as well as a few economic data to watch on Wall Street. On the notable earnings front, keep an eye on Big Lots Inc (BIG) and Genesco Inc (GCO). Both companies are scheduled to release their qua
Shale oil is unique in the way it is produced because it yields a very front-loaded result. Shale producers get 50% or more their oil in the first year that a well is in service. The companies continuously drill new wells to be at peak production levels and keep the cash flow strong. As a result, t
The handbag wars are hurting Michael Kors. Same-store sales fell and the outlook is not good. Shares are languishing on Wall Street’s discount rack.
Amazon is staffing up, hiring 6,000 workers for distribution centers in twelve states.
In Thursday’s What to Watch on Wall Street, TheStreet highlights the notable earnings reports due out along with the key economic data to keep an eye on throughout the trading day on May 28. The six companies reporting their latest quarterly financial results include teen apparel retailer Abe
In Wednesday’s Analysts’ Actions, we highlight a couple of negative notes on Workday (WDAY) and Yahoo! (YHOO) as well as an upgrade for Time Warner Cable (TWC). Analysts at Jefferies lowered their price target on shares of Workday to $92 from $99, following the enterprise cloud app prov
The dollar has moved sharply higher on a raft of generally positive US economic data – and that has pushed US stocks lower. John Authers suggests that worries about the Federal Reserve and rates now trump all other concerns.
On Wednesday, May 27 we keep an eye on six companies that are scheduled to report their quarterly financial results as well as a couple of economic data to watch on Wall Street. The notable earnings for the day include Michael Kors Holdings Limited (KORS), Tiffany & Co. (TIF), Toll Brothers In