Latest News
Global Markets Canadian Markets Canada’s TSX declined after yesterday’s fed induced rally, even though oil and gold prices rose. Investors and traders are closely monitoring upcoming remarks from Bank of Canada Governor, Tiff Macklem on Sept 24th. His speech is highly anticipated for insights into the central bank’s monetary policy...
Jefferies just boosted their price target on Abercrombie up to $220. Considering the stock closed below $140, that’s pointing to a targeted upside of 60%.
Kohl's (KSS) To Report Earnings Tomorrow: Here Is What To Expect
Why Macy's Stock Plummeted by Nearly 10% This Week
Guidance cuts didn't do the company any favors with investors.
September S&P 500 E-Mini futures (ESU24) are up +0.16%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.25% this morning as investors looked ahead to U.S. business activity data and the start of the Jackson Hole Symposium.
The S&P 500 Index ($SPX ) (SPY ) Wednesday closed up +0.42%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.53%. US stocks Wednesday settled higher, with the S&P 500 posting a 1-month high, the...
Macy's (M) Q2 2024 Earnings Call Transcript
M earnings call for the period ending June 30, 2024.
Global Markets Canadian Markets The Toronto Stock Exchange rose moderately as oil prices increased, providing a boost to energy-related stocks. Recent CPI data dropped to 2.5 percent, showing that inflation is slightly easing. The possibility of a rail strike in Canada is also weighing in on economic sentiment. American Markets:...
Macy's navigates a challenging retail environment with strong Q2 earnings and strategic initiatives for future growth.
Why Macy's Stock Was Falling Today
Sales growth disappointed in the second quarter.
TSX Rises on Tech Strength Ahead of Fed Minutes
Equities in Canada’s largest centre rose on Wednesday as tech and energy shares led broad gains, while ...
The S&P 500 Index ($SPX ) (SPY ) today is up +0.13%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.07%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.33%. US stocks today are modestly higher, with the S&P 500 posting a 1-month high,...
The S&P 500 Index ($SPX ) (SPY ) today is up +0.28%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.12%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.33%. US stocks today are mildly higher, with the Dow Jones Industrials posting a 2-1/2...
A survey of North American equities heading in both directions
Macy’s now expects annual net sales of $22.1-billion to $22.4-billion, compared with its prior forecast of $22.3-billion to $22.9-billion
Macy's (NYSE:M) Surprises With Q2 Sales But Stock Drops
September S&P 500 E-Mini futures (ESU24) are trending up +0.17% this morning as market participants awaited an annual review of U.S. jobs data as well as the Federal Reserve’s July meeting minutes for further clues on the path of interest rates.
Macy's (M) Reports Earnings Tomorrow: What To Expect
That’s a Wrap! The Q2 Earnings Season Concludes with a Final Word from the Retailers
Published: August 19, 2024. Encouraging inflation, jobs and retail reports led markets higher last week The Q2 earnings season wraps up with some final reports from retail and enterprise tech companies; S&P 500® EPS growth ends at 10.9%. The Q3 2024 earnings season will unofficially kick off on October 11...
The S&P 500 ($SPX) (SPY) had a phenomenal week last week ending up 4.00%. This week is a lot quieter on both the news and earnings front until the end of the week.
Although the broader fundamentals suggest M stock is due for a correction, it also has the potential to become one of the year’s biggest surprises.
Shoppers paused their spending in June from May, defying economic forecasts for a pullback and proving their resilience in the face of an uncertain economy
It’s summertime, and the bargains seem easy at a time when many consumer prices are high