Non farm payroll numbers certainly disappointed Friday with the USD selling off following the report. Nonetheless, it is important to note that after revisions, an average of 232,000 jobs have been created over the last three months which is a very healthy pace of hiring.
Whilst hiring has been healthy over the last three months, low wage growth and underemployment continues to suggest the....More>>>
Kohls (KSS) is rising on Thursday, following its better-than-expected fourth quarter.
The retailer said it earned $1.44 a share on revenue that fell 2.8% year over year to $6.21 billion. Analysts were expecting earnings of $1.33 a share on revenue of $6.21 billion. Same-store sales slipped 2.2% in the quarter.
For the full year, Kohls said that it expects....More>>>
Citigroup’s Alastair Syme and Fernando Valle point to ConocoPhillips’ (COP) plan to sell “stranded” assets as the one big surprise from the oil giant’s investor update yesterday. They explain:
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The core elements of Conocos strategy update had by and large been flagged to the market through the course of this year....More>>>