Nike, Goldman Sachs Weigh on DJIA Thursday
Nike, Goldman Sachs, Visa, and Wal-Mart lead DJIA lower on Thursday.
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Year: 2017
All Year: 2017 Articles
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Is This the Death of Grocery Stores — All Over Again?
Kroger appears to be having its worst day, after reporting earnings. However, this is not the only stock suffering as a few other national chains are feeling the burn as well.
More Caution on BP’s Excessive Dividend Yield
Analysts at Merrill Lynch are concerned that oil giant BP will not be able to maintain its lofty dividend yield, currently around 6.7%, unless crude oil prices rise and the company's downstream plans materialize…
Why One Key Analyst Expects Little Growth From a Streamlined Nike
Nike has announced several operational and organizational changes in what it calls its Consumer Direct Offense. Perhaps the biggest highlight of this release was the 2% reduction in the global workforce.
Subprime Loans Fall, Easing Concerns Over Borrowers’ Ability to Pay Them
The share of subprime auto loans fell to a 10-year low in the first quarter, according to a recent report, easing fears that borrowers were finding it more difficult to pay those kind of…
Paris Air Show Preview: More Orders on Tap for Boeing, Airbus?
The Paris Air Show opens officially on Monday, and neither Boeing nor Airbus expects to match the salad days when orders rose to near 1,000 for new planes.
What This Splunk Downgrade Really Means
Splunk saw its shares slide on Thursday after it caught a downgrade on the basis that it may be facing transition challenges.
12 Gifts Americans Spend the Most on for Father’s Day
Advertisers are prodding consumers to buy power tools and gardening equipment for dads this Father’s Day. However, those categories will likely pale in comparison to planned spending on dinner or brunch for dads by…
More Trouble for Steel Stocks?
According to one key analyst, the weakness might be only pronounced in the short term but investors should be cautious around the Nucor and the steel industry.
Jabil Circuit Sinks Despite Beating Earnings
Shares of Jabil Circuit retreated Thursday despite a better-than-expected fiscal third-quarter financial report.
Global Renewable Energy Investments to Reach $7.4 Trillion Through 2040
Between now and 2040, global spending on new electricity generation capacity is forecast to reach $10.2 million, with nearly 75% of the investment being made in renewable energy generation.
Natural Gas Price Jumps 3% on Smaller-Than-Expected Inventory Increase
The U.S. natural gas inventory rose less than expected last week, pushing the price up about 3% as warmer weather is expected to move into the heavily populated eastern portion of the country.
Why Canaccord Genuity Is Taking a Step Back on Alphabet
Canaccord Genuity still believes the FANG stock overall should reward investors, but the firm is taking a step back on Alphabet in particular.
JPMorgan Very Positive on 5 Top Pick IT Networking Stocks
JPMorgan continues to remain positive on the telecom and networking equipment/IT hardware stocks, which slightly outperformed the broad market over the past month.
Kroger Earnings Aren’t Enough to Balance Out Guidance
Kroger reported its fiscal first-quarter financial results and updated guidance before the markets opened on Thursday.