How Walmart Earnings Beat Estimates
Walmart beat consensus estimates for third-quarter earnings per share and revenues and the retailing giant raised earnings guidance for the full fiscal year.
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Why Analysts Keep Chasing Home Depot Targets Higher and Higher
24/7 Wall St. wanted to see how Wall Street analysts were treating Home Depot after its good but not too good earnings report.
What to Watch in Walmart’s Earnings
The holiday season is now upon us, and even though results for the Christmas quarter won’t be seen yet, investors can expect some updated guidance from Walmart and how it plans to fight Amazon…
55% of Holiday Shoppers Will Check Amazon First for Best Price
More than half of all U.S. consumers plan to use Amazon to price or buy holiday gifts this year. The challenge for brick-and-mortar retailers is to lure those shoppers either to their stores or…
Amazon Cuts Whole Foods Prices Again Ahead of Holidays
Amazon.com is back at it again, slashing its prices. The e-commerce empire announced that it will cut prices on holiday staples and other groceries at its recently acquired organic grocer, Whole Foods.
CarGurus Races to New High on Strong Q3 Results
CarGurus saw its shares hit a new high on Wednesday following the announcement of its most recent quarterly results.
Why Target Earnings Are Crushing the Stock
Target reported third-quarter results Wednesday morning that were slightly better than expected, but the company's guidance did not create enthusiasm among investors for the holiday shopping season.
Why Advance Auto Parts Is Tuesday’s Biggest Earnings Winner
When Advance Auto Parts reported its third-quarter financial results before the markets opened on Tuesday, they were mixed. Yet, it seems that this auto parts chain might be making a comeback after a disastrous…
What to Expect When Target Reports Earnings
Target is scheduled to release its most recent quarterly results before the markets open on Wednesday.
Why Home Depot Earnings Are Not Pleasing to Investors
Home Depot beat consensus estimates for earnings (by two cents per share) and revenues, but investors must have been expecting more judging from the muted reaction in Tuesday's premarket trading.
Brookfield Offers $15 Billion in Cash and Stock for GGP
Brookfield Partners has offered to acquire the 66% of GGP it does not already own for about $15 billion. GGP likely hopes the unsolicited bid is the beginning of a bidding war.
Alibaba 2-Hour Sales Total Nearly Matches JC Penney’s Full-Year Revenue
Alibaba's Singles Day sell-a-thon kicked off at midnight Saturday morning and sold more than $1 billion in merchandise in the first two minutes. Things only got bigger after that.
Retail Resurrection As Old World Stores Show A Pulse
Large retailers have shown such poor results that even minor progress makes it appear they have a brighter future than the one predicted for the last year. Results from several companies, most notably Macy’s…
Why Investors Are Loving JC Penney Q3 Earnings
J.C. Penney posted a larger-than-expected increase in same-store sales, and CEO Marvin Ellison declared that the short-term pain in the quarter will result in long-term gain.
Consumer Group Calls for Target Toy Recall
Target is finding itself under the microscope after a consumer group found that fidget spinners it sold contained high levels of lead.