Levi Strauss & Co
Kohl’s names interim CEO Tom Kingsbury to the post permanently
The Kohl’s logo is displayed on the exterior of a Kohl’s store on January 24, 2022 in San Rafael, California. Justin Sullivan | Getty Images Kohl’s on Thursday named interim CEO Tom Kingsbury to the post on a permanent basis. He took over as interim CEO in December after former chief executive Michelle Gass decided […]
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5 things to know before the stock market opens Monday
Traders work on the floor of the New York Stock Exchange. NYSE Here are the most important news items that investors need to start their trading day: 1. Hanging on The three major stock indices are still in positive territory this month despite last week’s choppy results. Stocks closed Friday on a high note, with […]
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Earnings could keep the marketplace on edge in 7 days forward as investors hold out for Fed
Earnings information will preserve buyers fast paced and marketplaces volatile in the coming 7 days, as the Federal Reserve’s up coming rate hike will get closer. A numerous group of extra than 80 S & P 500 providers report such as industrials, these kinds of as Boeing and transports like Union Pacific , CSX , […]
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Stocks making the biggest moves premarket: United Airlines, Moderna, IBM and more
In this article UAL MRNA IBM Follow your favorite stocksCREATE FREE ACCOUNT A United Airlines plane taxis at Newark International Airport, in Newark, New Jersey, on January 11 2023. Kena Betancur | AFP | Getty Images Check out the companies making headlines in premarket trading. United Airlines – Shares of United Airlines rose 3.5% after […]
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Bank of America downgrades Levi Strauss, says upside is hard to see with discounts and sliding denim demand
Sliding demand for denim and a continued reliance on markdowns make it hard to expect outperformance from Levi Strauss , Bank of America said Wednesday. Analyst Christopher Nardone downgraded the clothing stock to neutral from buy. Nardone also cut his price target by $2 to $17, which reflects a 4% upside from Tuesday’s close. “While […]
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Shares producing the most important moves midday: Bed Bathtub & Beyond, Tesla, Expedia and more
In this post EXPE ISRG TSLA LEVI TOL BBBY POOL Follow your favored sharesProduce Cost-free ACCOUNT Buyers enter a building housing a Bed Bathtub & Over and above Inc. store in New York. Mark Kauzlarich | Bloomberg | Getty Photos Test out the firms producing headlines in midday investing. Meme shares — A team of […]
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A slowdown in denim demand could spell trouble for Levi Strauss, Citi says in downgrade
Weaker demand for denim products could prove a major headwind for shares of Levi Strauss in the near future, according to Citigroup. Analyst Paul Lejuez downgraded the jeans maker to neutral from a buy rating, citing comments from other management teams indicating a slowdown in denim trends that began during the back-to-school season and persisted […]
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Stocks making the biggest moves premarket: CarMax, Salesforce, Coinbase and more
In this article LUV COIN WFC Follow your favorite stocksCREATE FREE ACCOUNT Bloomberg | Getty Images Check out the companies making headlines in premarket trading. CarMax — Shares of the used car seller slid 4.8% after JPMorgan downgraded them to underweight, saying investors aren’t fully pricing in the risks surrounding the company and hope for […]
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Stocks making the biggest moves in the premarket: Horizon Therapeutics, Coupa Software, Rivian and more
watch now VIDEO1:1501:15 News Update – Pre-Markets News Briefing Take a look at some of the biggest movers in the premarket: Horizon Therapeutics (HZNP) – The drugmaker’s shares surged 14.7% in the premarket after it agreed to be bought by Amgen (AMGN) for $116.50 per share in cash, with the deal valued at $27.8 billion. […]
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Kohl’s pulls full-year outlook, citing retail volatility and economic headwinds
Kohl’s on Thursday withdrew its full-year outlook, pointing to volatility in the retail environment and significant macroeconomic headwinds, on top of its “unexpected CEO transition.” Kohl’s also reported third-quarter earnings on Thursday, with revenue dropping 7% to $4.28 billion. The company warned investors of this decline in revenue earlier this month when it provided preliminary […]
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