Michael Kors New Stores, E-Commerce Rise Lead to Big Win in Q2
Michael Kors reported better-than-expected fiscal second-quarter financial results before the markets opened on Monday.
Archive
Year: 2017
All Year: 2017 Articles
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4 Homebuilders to Buy Now After Being Hammered on New Tax Plan
A proposed change to the mortgage interest tax deduction drew some ire last week. The homebuilders were sold off in quick fashion, but the sell-off in the group may be way overdone.
Why Mylan Shares Were Bouncing Around After Q3 Earnings
Pharmaceutical maker Mylan missed analysts' consensus estimate for earnings and revenue. Additional guidance is mixed, causing shares first to fall then to rise. Which direction is more appropriate?
6 Most Important Things in Business Today
The new Thor movie passed $100 million in its first weekend, Broadcom is preparing an offer for Qualcomm, a Federal Reserve president is set to retire, and more important headlines.
CenturyLink, Disney, JC Penney and More Major Earnings Coming This Week
Most of the earnings season has come and gone but there are still some major companies posting results this week.
IPO News This Week: 10 More Firms Seek Combined Total of $2 Billion
After nine companies raised a combined $2.1 billion in the IPO market last week, another 10 are chasing a total of $2 billion in the week ahead.
Saudi Arabia’s Economy by the Numbers
At least 11 members of the Saudi royal family were arrested on Saturday on the orders of a newly formed anti-corruption committee led by the Crown Prince. What's at stake for country's economy, and…
After 2-Year Tenure, JC Penney CEO Marvin Ellison Needs to Leave
The stocks of large, traditional retailers have been in decline for over two years. Almost none have fallen as hard as J.C. Penney Co. Inc. (NYSE: JCP) with its share price off 70% to…
General Electric Breaks Losing Streak, Still DJIA’s Biggest Loser
GE ended its streak of consecutive 52-week lows on Friday after the shares had dipped below $20 for the first time in five years.
Why Analysts Are Chasing Apple Even Higher
Apple does not seem like it can be stopped on its race higher, and analysts are cheering it the whole way.
Boeing Remains DJIA’s Top Performer on Bribery Allegations Against Airbus
Boeing has maintained its grip as the top performing stock among the 30 equities that comprise the Dow Jones Industrial Average. Shares added about 2% last week.
What Analysts Are Saying About Facebook After Earnings
Even though Facebook's most recent quarterly results were fairly strong, the cloud of Russian political ads hangs over the company and it could be facing more headwinds in the future.
6 Mistakes That Can Kill Your Home Sale
Getting an offer for your home that is over the asking price is not always what it appears to be. Be prepared for some negotiation with the buyer that you may not have expected.
The 63 Sears and Kmart Stores Closing by January
Sears is closing 45 more Kmart stores and 18 more Sears stores following the holiday shopping season. Here's a complete list of the stores that are closing.
Does JC Penney Need to Close More Stores?
J.C. Penney deeply injured its investors with a bleak assessment of its future. Its stock trades at a multiyear low and has fallen relentlessly for the past 10 days.