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 […]
FOX Business News
Target crushes earnings, raises outlook as digital sales boom
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
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
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
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
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 […]
Senate passes bill to support human rights in Hong Kong
Fox News’ Jonathan Hunt is on the ground with the latest from Hong Kong. Then, former Dick Cheney national security adviser John Hannah gives his insights on the protests and how they are impacting U.S.-China trade negotiations. WASHINGTON — The Senate has easily approved a bill to support human rights in […]
Alibaba to raise $12.9 billion in Hong Kong listing
‘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 […]
Kylie Jenner’s $600M deal likely carries hefty tax tab
FOX Business’ Jackie DeAngelis and Non-Political News founder Vera Gibbons discuss Kylie Jenner’s decision to sell 51 percent of her makeup empire and explain why cosmetic companies will need to ‘brace’ for a rough holiday season. Entrepreneur and reality star Kylie Jenner has agreed to sell a majority stake in […]
BB&T and SunTrust Banks deal approved by Federal Reserve
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 […]