Target Corp
Stocks making the biggest moves midday: UnitedHealth, First Solar, Morgan Stanley, Taiwan Semiconductor and more
Check out the companies making headlines in midday trading. Netflix — The streamer added 1% on the back of Seaport’s upgrade to buy from neutral. The firm put out its call ahead of the company’s earnings report next week. UnitedHealth Group — The stock shed more than 4% after UnitedHealth’s fourth-quarter revenue missed analysts’ expectations. […]
Read More
Stocks making the biggest moves premarket: UnitedHealth, Morgan Stanley, Target, Southwest & more
Check out the companies making headlines in premarket trading. UnitedHealth Group – Shares dropped more than 3% after the company’s fourth-quarter revenue came in below Wall Street’s expectations. UnitedHealth posted $100.81 billion for the top line, while analysts surveyed by LSEG were expecting $101.76 billion. Earnings, however, beat the Street’s estimates. Morgan Stanley — The […]
Read More
Target says its holiday sales were better than expected — but its profits weren’t
Target raised its fourth-quarter sales forecast Thursday after more consumers turned to its stores and website for holiday shopping — particularly on days known for deep discounts. The big-box retailer now expects comparable sales in the fiscal fourth quarter to grow by about 1.5%. That’s better than its most recent outlook that the metric would […]
Read More
Online holiday spending rises nearly 9%, as deep discounts and AI-powered chatbots fuel purchases, Adobe data says
Alistair Berg | Digitalvision | Getty Images Online spending rose 8.7% during the holiday season from last year, according to data from Adobe Analytics, as deals and the use of AI-powered chatbots helped inspire purchases. Sales on retailers’ websites and apps totaled $241.4 billion from Nov. 1 to Dec. 31, according to Adobe. The company’s […]
Read More
Best balance transfer cards with 0% APR of January 2025
Discover APRs are accurate as of December 12, 2024 Credit cards have notoriously high interest rates, so carrying a balance can be costly. However, some cards offer a path to paying off debt quicker with an introductory 0% APR period. These cards offer no interest for up to 21 months, which can more than offset […]
Read More
Nordstrom to go private in $6.25 billion deal with founding family, Mexican retailer
A sign marks the location of a Nordstrom store on March 20, 2024 in Chicago, Illinois. Scott Olson | Getty Images Nordstrom on Monday announced it will become a private company after it agreed to a buyout deal valued at roughly $6.25 billion from Nordstrom’s founding family and Mexican department store El Puerto de Liverpool. The […]
Read More
From trees to decorative chickens, holiday decor could boost retailers as shoppers pull back on gifts
Zoom In IconArrows pointing outwards The Milam family turned its front lawn into a holiday-themed putt-putt course. Going all out on Christmas decorations has become a tradition for the Dallas family. Courtesy: Mike Milam For the holiday season, the front lawn of the Milam family’s house in Dallas has transformed into a mini golf winter […]
Read More
Trump rings bell at NYSE to cheers of ‘USA’ as Wall Street CEOs, business leaders look on
President-elect Donald Trump rang the opening bell at the New York Stock Exchange on Thursday after vowing an economic boom to a cheering crowd of traders and business leaders. “We’re with you all the way,” the incoming Republican president said in the NYSE building in lower Manhattan, where he was invited after becoming TIME’s “Person […]
Read More
Ulta Beauty beats Wall Street’s earnings expectations, despite fears of slowing demand
Beauty products on the shelves at Ulta on State Street in Chicago on Feb. 4, 2015. Brian Cassella | Tribune News Service | Getty Images Ulta Beauty on Thursday beat Wall Street’s fiscal third-quarter expectations, fending off fears of fiercer competition and slowing demand for makeup and skincare. The retailer hiked its full-year outlook slightly […]
Read More
Stocks making the biggest moves midday: Advance Auto Parts, Robinhood, chip equipment makers and more
Check out the companies making headlines in midday trading: Chip equipment stocks — Global chip equipment stocks rose on news that the Biden administration is considering further sanctions on sales of semiconductor equipment and artificial intelligence memory chips to China that could be less strict than earlier proposals. Shares of U.S.-based companies Applied Materials and […]
Read More