‘Tis the season. As summer winds down, school starts, and consumers begin gearing up for the holidays, tech’s biggest companies are introducing their year-end lineup in advance of the all-important holiday shopping season. Both Apple and Amazon have already introduced their latest smartphone and smart speaker lineups — and now it’s Google’s turn.
Spokane, WA, based Investment company Washington Trust Bank buys DXC Technology Co, Deere, iShares U.S. Real Estate, iShares J.P. Morgan USD Emerging Markets Bond ETF, iPath Bloomberg Commodity Index Total Return ETN, SPDR Select Sector Fund – Consumer Staples, Vanguard Short-Term Bond, SPDR Select Sector Fund – Energy Select Sector, iShares iBoxx $ High Yield Corporate Bond, Nike Inc,....More>>>
The tax bill passed by the House and Senate still hasn’t been signed by President Trump. But one blue chip company, FedEx, is already touting the potential for a nearly $1.5 billion increase in annual profits due to lower corporate taxes.
FedEx reported its latest quarterly results after the closing bell Tuesday, before the Senate voted to approve the bill.
First-quarter earnings were supposed to be an elixir for U.S. technology stocks, the sector that had fallen more than any other in the month before the reporting season began. Then Treasury yields spiked and spoiled it.
The S&P 500 Information Technology Index has fallen 5.3 percent in six consecutive down sessions, the longest streak of losses in a year. The retreat in the high-growth....More>>>
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While there are times the so-called January Effect can account for why certain stocks will run higher during the first month of the year — big investment firms are buying up stock after having sold them off in December for tax-loss harvesting purposes — some stocks jump in January because the outlook for the business looks suddenly brighter.
ITC has undertaken price hike of 6-15% in some of its lower-end cigarette brands (contributing ~20% to cigarette sales volume). The average price hike (with no price increase in key brands) stood at 2%. The recent price hike will have initial reac
Shopko will liquidate its assets and close all of its remaining locations by mid-June.
The company was unable to find a buyer for the retail business and will begin winding down its operations beginning this week, the company said in statement released Monday. The decision to liquidate will b