Dillards (DDS) fell more than 5% during after-hours trading, joining the list of retailers being done in by disappointing fiscal first quarter financial results.
At $2.17 a share, first quarter earnings fell more than expected, coming in 40 cents below the Capital IQ consensus of $2.57. Net revenue (which includes Dillards construction business) fell 4.5% to $1.5 billion, just missing the....More>>>
Ask any political junkie, and they’ll tell you that the 2016 presidential campaign has been one of the strangest they’ve ever experienced. The rise of billionaire/reality TV star Donald Trump and Vermont Senator Bernie Sanders, the wild and woolly TV debates, and how wrong the pundits have been at predicting anything has been unprecedented.
See Also: How the Presidential Election....More>>>
Why all the confidence? Well aside from all these pundits coming out saying there is a 100% chance that we are in a recession or that a recession will start before summer the reason is thatthe data doesn’t show it. You can make up indicators that don’t really make sense either in their construction or their interpretations or you can focus on one relatively narrow segment of the economy....More>>>
Tesla Motors (TSLA) tweeted that orders for its mass-market Model 3, which was unveiled last week, hit 325,000 cars. The insane amount of demand has led many observers to question whether Tesla can make that many cars quickly enough. Global Equities Research’s Trip Chowdhry says the bears have it all wrong:
The Detroit audience for the Republican debate got noisy. Young women were dabbing behind the moderators. Protesters were hollering at Donald Trump from the cheap seats. Three people were removed from the theater by police.
The crowd for Thursday night’s GOP debate was so rowdy so loud and sometimes even disruptive that it has people asking whether debates should have audiences....More>>>
These days it seems as if the market doesn’t know whether it wants to break through fears of higher rates and a slowing China or crash lower into a new bear market. The VIX volatility index has jumped to an average 24.1 in the first month of 2016 against an average of just 16.7 in 2015. The S&P 500 tumbled 9% in the first three weeks and triple-digit moves in the Dow are a daily occurrence.....More>>>
Blue-chip stocks in the U.K. ended Tuesdays session with a minor loss, as investors sold shares of London-listed heavyweights HSBC PLC and BHP Billiton PLC after disappointing financial updates from the bank and the miner.
That made for a lackluster ending for the Londons top-flight benchm
Ryerson Holding Corp (NYSE:RYI) – Equities research analysts at Jefferies Financial Group lifted their Q2 2018 earnings per share (EPS) estimates for Ryerson in a note issued to investors on Tuesday, July 10th. Jefferies Financial Group analyst S. Rosenfeld now forecasts that the
Polymet Mining Corp (NYSEAMERICAN:PLM) (TSE:POM) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totalling 1,483,743 shares, a growth of 22.8% from the May 31st total of 1,208,433 shares. Based on an average daily trading volume, of 731
The Manufacturers Life Insurance Company cut its stake in International Paper Co (NYSE:IP) by 20.8% during the first quarter, Holdings Channel reports. The fund owned 400,311 shares of the basic materials company’s stock after selling 105,189 shares during the quarter. The Manufacturers Li
Aluminum Corp. of China Limited (NYSE:ACH) has been assigned a consensus recommendation of “Hold” from the eight research firms that are currently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell rating, three have given a hold rating, tw