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Markets Virtually Flat, Oil Continues To Decline Following Bearish Outlook
Monday, October 27, 2014 - 3:58pm | 1622U.S. markets were little changed to start the week as equities took a back seat following a bearish oil call at Goldman Sachs. Analysts at Goldman Sachs placed a $75-per-barrel target on crude oil, noting that supply will outpace demand in the coming year. The National Association of Realtors...
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Drug Retailers Block Apple Pay, Rival Product May Be Introduced
Monday, October 27, 2014 - 8:01am | 282Drug retailers Rite Aid Corporation (NYSE: RAD) and CVS Health Corp (NYSE: CVS) will not offer customers the opportunity to pay for purchases with Apple Inc.'s (NASDAQ: AAPL) mobile wallet system, Apple Pay. According to the New York Times, the move to block out Apple Pay is due...
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5 Ways Walmart's Care Clinics Could Disrupt Medical Care
Friday, August 15, 2014 - 7:13am | 784News that Walmart (NYSE: WMT) was trying out a new type of medical clinic in some of its stores raised questions about the potential impact of discount retail health care at the world’s largest retailer. Called Walmart Care Clinics, the facilities offer primary care to customers, Walmart...
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Markets Little Changed As Ukraine Uncertainty And Fears Persist
Wednesday, August 6, 2014 - 3:58pm | 3178U.S. stocks were little changed as uncertainty in Ukraine remains with comments out of Poland's government suggesting that the likelihood of a Russian invasion of Ukraine has increased over the past day. NATO's deputy secretary general shared similar sentiments and stated that Russia...
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Ukraine Tension Prominent As Dow Suffers Triple Digit Loss; S&P 500 & NASDAQ Also Lower
Tuesday, August 5, 2014 - 3:46pm | 3092U.S. stocks declined and erased Monday's gains following reports that Russian troops were lining on the borders of Ukraine and preparing for an invasion, according to comments made by Poland's Foreign Minister. “Unfortunately, Russia has restored its combat readiness on the...
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Earnings Expectations For The Week Of August 4: Media Giants, Retailers And More
Sunday, August 3, 2014 - 10:25am | 1049Much of the S&P 500 have already shared their second-quarter results, but earnings season rolls on this week. Big media players will take their turns stepping into the spotlight this week. Tuesday morning look for results from Walt Disney (NYSE: DIS). Earnings per share are expected be by...
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Markets Little Changed Ahead Of The Federal Reserve's Policy Decision
Monday, July 28, 2014 - 3:36pm | 2462U.S. stocks were little changed ahead of the Federal Reserve's policy announcement due out on Wednesday. The Federal Reserve will conclude a two-day session, with the central bank likely to announce further cuts to its monthly asset purchases. In economic news, June home sales declined in...
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3 Companies Leading The Way For Healthy Workplaces
Tuesday, July 15, 2014 - 11:34am | 814With the American Heart Association and CEOs of more than 20 major companies recently joining to encourage healthy lifestyle choices, stressing good health is important to companies and employees alike. A number of other major corporations, meanwhile, have a history of leadership when it...
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Ulta Salon Earnings Preview: Another Victim Of Winter Weather?
Sunday, June 8, 2014 - 1:27pm | 781Ulta Salon (NASDAQ: ULTA), which announced the appointment of a new board of directors member last week, is scheduled to report its fiscal first-quarter results on Tuesday, June 10, after the markets close. This specialty retailer has seen its profits grow by double-digit percentages or better over...
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Dollar General Earnings Conference Call Summary
Tuesday, June 3, 2014 - 2:48pm | 366Dollar General (NYSE: DG) on Tuesday hosted its earnings call for the second-quarter of the fiscal year. Despite reporting poor sales for the quarter, management spoke in a pleased and optimistic tone about the company's performance, competitors and future operations. Second-Quarter...
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Dollar General Earnings Preview: Winter Weather To Get The Blame Again?
Monday, May 26, 2014 - 11:37am | 777According to a recent study, Dollar General (NYSE: DG) has taken the low-price lead from larger competitor Wal-Mart, and is scheduled to report its fiscal first-quarter 2014 results on Thursday, May 29, before the markets open. Last year, slightly lower debt and debt refinancing contributed to the...
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Market Wrap For May 23: Markets Marginally Higher; S&P 500 Closes Above 1,900
Friday, May 23, 2014 - 3:39pm | 1787U.S. stocks were little moved with the news-flow light, as would be expected prior to a long-weekend. In fact, Thursday's trading session proved to be the second lowest volume day of 2014. The S&P 500 closed above 1,900 and came within striking distance of matching its intraday all time...
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Market Wrap For May 5: Dow Erases Triple-Digit Loss, All Three Major Indices Positive
Monday, May 5, 2014 - 3:36pm | 2443U.S. stocks rose as investors found that the positives in the U.S. services sector outweighed concerns over an escalating conflict in Ukraine. The Institute for Supply Management said that its service-sector index rose to 55.2. Any reading above 50.0 indicates an expansion. Also, the index...
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Market Wrap For May 2: Markets Slip On Ukraine Tensions Despite Positive Jobs Data
Friday, May 2, 2014 - 3:58pm | 2049U.S. stocks declined as tensions continue to mount in Ukraine. Russia requested an emergency session with the United Nations Security Council over a recent operation conducted by Ukraine where at least seven people were killed in the town of Slavyansk. Ukraine's interim President Oleksandr...
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Earnings Expectations For The Week Of April 28: Big Oil, Big Pharma And More
Sunday, April 27, 2014 - 10:58am | 854The earnings crunch continues this week. Among the highlights will be scheduled quarterly reports from Exxon Mobil and Chevron, from Bristol-Myers Squibb and Merck, from Time Warner and Viacom, and also from Twitter. Early Thursday, Exxon Mobil (NYSE: XOM) is expected to say that it had earnings...