Apple flexes muscles as Trump, Cook tour facilities

FAN Editor

Tematica Research chief macro strategist Lenore Hawkins discusses the Apple impacting the Dow’s all-time high and how impeachment plays a role. President Trump and Apple CEO Tim Cook will tour facilities in Austin, Texas, on Wednesday where high-end Apple computers are assembled. Continue Reading Below The tour comes as Apple […]

Target crushes earnings, raises outlook as digital sales boom

FAN Editor

Strategic Resource Group managing director Burt Flickinger discusses the markets and holiday shopping. Target reported better-than-expected third-quarter results and raised its profit outlook, sending shares surging. Continue Reading Below The big-box retailer earned $714 million, or an adjusted $1.36 a share as revenue rose 4.7 percent versus a year ago […]

Lowe’s raises earnings outlook, shares jump

FAN Editor

Former J.C. Penney’s CEO Ron Johnson discusses how to lure consumers into a store using product placement and delivery and talks about his new at-home retail company Enjoy. Lowe’s raised its full-year outlook after profit grew in the third quarter, sending shares higher. Continue Reading Below The home-improvement retailer earned […]

Stocks poised to pause record run

FAN Editor

Mahoney Asset Management president Ken Mahoney discusses Home Depot, Lowe’s, Target and other retail stocks and how their earnings impact the U.S. economy. U.S. equity futures are pointing to a pullback on Wall Street when trading begins on Wednesday. Continue Reading Below The three major Futures indexes are indicating a […]

Urban Outfitters shares plunge on profit, sales miss

FAN Editor

Mahoney Asset Management president Ken Mahoney discusses Home Depot, Lowe’s, Target and other retail stocks and how their earnings impact the U.S. economy. Retail names that miss on quarterly estimates are getting punished this earnings season. Continue Reading Below Urban Outfitters is the latest as shares were chopped by 10 percent […]

Carl Ichan goes mall shopping and looks to buy short

FAN Editor

Former Toys ‘R’ Us CEO Gerald Storch on concerns over the potential demise of department stores and malls across the country. Another day, another controversial deal for activist investor Carl Icahn. Continue Reading Below The Wall Street Journal reported late Monday that Icahn could make as much as $400 million and possibly […]

Alibaba to raise $12.9 billion in Hong Kong listing

FAN Editor

‘The New Retail’ author Michael Zakkour talks about the success of Singles’ Day. E-commerce giant Alibaba is returning to its roots with a bang — a nearly $13 billion bang. Continue Reading Below Ticker Security Last Change Change % BABA ALIBABA GROUP HOLDING LTD 185.25 +0.64 +0.35% According to Reuters, the […]

BB&T and SunTrust Banks deal approved by Federal Reserve

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Lawmakers hold hearing on BB&T’s proposed $29.7 billion acquisition of SunTrust. The Federal Reserve has given its blessing of the merger between BB&T and SunTrust Banks. Continue Reading Below The combined bank will be named ‘Truist’ and will be the sixth-largest U.S. bank by assets and deposits. Ticker Security Last Change Change […]