4 ETFs Gutted by Wal-Mart Earnings Warning
The stock market just found a new foe for earnings season. That would be Wal-Mart.
The stock market just found a new foe for earnings season. That would be Wal-Mart.
ThinkstockWhile the Federal Reserve most likely will not taper its bond-buying program known as quantitative easing this fall, and perhaps not this year, the fact that interest rates are going higher at…
courtesy Making Change at Walmart and UFCWWal-Mart Stores Inc. (NYSE: WMT) is the king of retailing, with the largest presence of all retailers with more than 2 million workers and with what…
US retailers will report April same-store sales results this week and the outlook calls for a substantial drop from March’s gain of 3.9% to an April rise of just 1.4%. The data…
U.S. retailers hired more than 627,000 seasonal workers during the October-December 2010 holiday season, a welcome boost from the mere 231,000 seasonal workers put on in 2008. Prospects for 2011 seasonal hiring…
Retail sales in August put up solid gains that were slowed somewhat by the effects of Hurricane Irene along the eastern seaboard. Among the stores reporting sales numbers today are Costco Wholesale…
Deep discount retailers could be preparing for a comeback after slowing down somewhat since the beginning of the year. This includes dollar stores, but also includes the clearance and deep discount stores. …
Target Corp. (NYSE: TGT) reported earnings this morning and the second quarter results were solid if not spectacular. Target posted EPS of $1.03 vs. expectations of $0.97. Net profit rose from $679…
Yesterday’s retail sales reports lit a fire under some of the retail stocks and a few ETFs that focus on the consumer discretionary sector. We looked at three ETFs in the consumer…
Investors need to consider one thing about investing in retail. This is quite likely to be the next bastion of dividend growth for investors seeking income to buffer market volatility in the…