Small cap teen retailer Abercrombie & Fitch Co (NYSE: ANF) reportedQ3 2017 earnings before the market opened Friday with results topping expectations on higher sales nationally and at existing stores. Net sales were up 5% to $859.1 million with comparable sales for the third quarter up 4% and changes in foreign currency exchange rates benefiting net sales by 1%.Fiscal 2017 Comparable....More>>>
” Even as I approach the gambling hall, as soon as I hear, two rooms away, the jingle of money poured out on the table, I almost go into convulsions.” /Fyodor Dostoevsky
The newly legislated entry into the global gaming market by Japan has raised prospects of a $30 billion market forming within the first five years of operation. As the implications of this game changing development....More>>>
Oil futures ended a four-day string of gains Thursday, with the U.S. benchmark failing to sustain a bounce after data showed a rise in domestic crude-oil inventories.
On the New York Mercantile Exchange, light, sweet crude futures for delivery in February ....More>>>
Source: ThinkstockAugust 16, 2017: The S&P 500 closed relatively flat at 2,468.16. The DJIA closed flat at 22,019.53. Separately, the Nasdaq closed up 0.2% at 6,345.11.
Wednesday was a mixed day for the U.S. broad markets. Crude oil continued to pull back from the $50 price level and oil & gas stocks did not respond well. Separately, retail stocks were more or less positive....More>>>
I like to call it the "perfect income investment." The majority of individual investors have never even heard of this investment, but it's popular with sophisticated investors… the kind that manage billions of dollars. This investment has the safety of a bond. It pays regular income. But it's better than a bond… because it has the upside of stocks. ....More>>>
Source: ThinkstockJune 8, 2017: The S&P 500 closed ever so slightly higher, up 0.03% at 2,433.78. The DJIA closed up 0.05% at 21,184.24. Separately, the Nasdaq closed up 0.4% at 6,321.76. The marketsmoved up and downaround the testimony of former FBI Director James Comey on Thursday, and the Dow briefly hit a new high as no new major bombshell statements about President Trump and Russia....More>>>
Chipotle Mexican Grill, Inc. (NYSE:CMG) reported first-quarter earnings of $1.60 per share, notably higher than analysts’ expectations for $1.27. Revenues beat expectations, too, growing 28.1% year-over-year to $1.07 billion. Comp-store sales were up 17.8%. These results helped fuel the 2017 rally, but Chipotle shares only saw an ephemeral push above $500 in the after-hours session.
As the worlds of tech and athletics merge, Under Armour (UAA) is determined to lead the charge.
Cowens John Kernan reiterated a Market Perform rating on the stock Monday, given its valuation, but writes that the firms commitment to technology and innovation continues. He writes that the North American athletic category is very competitive, and he thinks Under Armour....More>>>
Small cap apparel retailerGuess?, Inc (NYSE: GES) reportedQ1 Fiscal 2018 earnings after the market closed on Wednesday with shares surging in afterhours/premarket trading. Q1 total net revenue increased 2.2% (up 4% in constant currency)to $458.6 million with the following revenue breakdown:
Americas Retail revenues decreased 14.9% in U.S. dollars and 14.7% in constant currency.....More>>>
In this series, we look through the most recent Dividend Channel ”DividendRank” report, and then we cherry pick only those companies that have experienced insider buying within the past six months. The officers and directors of a company tend to have a unique insider’s view of the business, and presumably the only reason an insider would choose to take their hard-earned cash and....More>>>