La-Z-Boy Blames Weather for Soft Sales
La-Z-Boy managed to seriously disappoint with its earnings report. The furniture maker blamed the weather for its revenue shortfall. La-Z-Boy shares were down 9.8% in early trading.
La-Z-Boy managed to seriously disappoint with its earnings report. The furniture maker blamed the weather for its revenue shortfall. La-Z-Boy shares were down 9.8% in early trading.
ThinkstockIn a 55-year period between 1998 and 2052, some $59 trillion of U.S. wealth will be transferred. That total exceeds an estimate of $52 trillion in wealth transfer made in 1999, and includes the…
These are the top Wall Street analyst upgrades, downgrades and initiations seen on Wednesday, June 18, 2014. They include Cisco, F5 Networks, GNC, Garmin, SunPower and Tyson Foods.
Merrill Lynch focused on six technology supply companies that are rated Buy and have very positive prospects not only for the balance of the year, but into next year as well.
A new report from Stifel makes the case that there are four large-cap, very solid consumer staples stocks that are not only still priced good, but may have solid upside for investors.
FedEx reported better-than-expected fourth-quarter and full-year fiscal 2014 results before markets opened Wednesday morning. The package FedEx delivered today is shiny, but what's inside could be very different.
Mortgage loan rates rose across the board again last week, contributing to the downturn in mortgage applications. Borrowers remain sensitive are to even small changes in mortgage interest rates.
UPS cutting the one-price strategy as part of its offerings means higher prices for shippers, but almost certainly higher revenue and more controlled costs for UPS.
Smartphones are universally available in the United States for prices that are as low as free, so people who without smartphones almost certainly do not want one or cannot afford one.
ThinkstockThe American auto industry nearly collapsed during the recession as car sales plummeted and companies struggled to stay afloat. Since then, U.S. car and light truck sales have steadily increased, reaching 1.6 million in…
Adobe Systems shares are reacting so well to the company's second-quarter earnings release that the stock is at new all-time highs on the news.
ThinkstockWith the World Cup in full swing, the interest in soccer is at an all time high in the United States. Each game going forward will be more and more important, with teams all…
thinkstockJune 17, 2014: Markets opened lower on Tuesday after a weakish report on single-family housing starts and a bigger increase in the consumer price index than economists had been expecting. Shortly before the closing…
Wednesday's expected announcement of a new smartphone from Amazon.com is also reported to reveal that the online retailer has signed a deal with AT&T as the exclusive carrier for the phone.
Giga-tronics seems to be defying logic. Usually it takes a buyout or some crazy news to make a stock nearly double.