Ulta Beauty Inc
Stocks generating the biggest moves following hrs: Ulta Magnificence, Hole, Affirm, Marvell Technology and additional
Pedestrians wander previous a Gap Inc. retailer in Shanghai, China. Qilai Shen | Bloomberg | Getty Visuals Verify out the providers making headlines in extended buying and selling. Affirm — The purchase-now-spend-afterwards darling’s shares slid nearly 14% right after hrs when it described a more substantial-than-predicted quarterly decline of 65 cents per share, according to […]
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Cramer’s game plan: This week is all about Powell, but don’t overlook any great earnings reports
Wall Street is collectively bracing for Federal Reserve Chair Jerome Powell’s speech later this week, CNBC’s Jim Cramer said Monday after the major U.S. stock indexes tumbled. Powell’s address — set for 10 a.m. ET Friday as part of the Fed’s annual Jackson Hole symposium — is by far the biggest event on the calendar, […]
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Shares making the major moves premarket: Deere, Foot Locker, Mattress Bathtub & Beyond and additional
Verify out the organizations building headlines in advance of the bell: Deere (DE) – Deere slid 5.2% in premarket investing right after the significant gear maker skipped quarterly earnings estimates inspite of higher-than-envisioned sales. Deere earned $6.16 per share, underneath the consensus estimate of $6.69, as it productively implemented selling price hikes but also confronted […]
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Having a woman in the boardroom or C-suite drives even wider diversity, study finds
shironosov | Getty Images If you want to take a good guess at a company’s gender diversity record, you might want to first look at who its CEO or board chair is, according to the findings of a new study. Having a female CEO at the helm of a company or chairing its board tends […]
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Small caps are starting to work — Here are a few buys from a top strategist in the group
Small caps are starting to outperform their large cap peers, and one top strategist has some stock picks for investors to play the trend. Jefferies’ strategist Steven DeSanctis believes small cap stocks have further to rally. After coming off their worst first half since 1973, small caps are due for a comeback, especially as early […]
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From Gap to GameStop, there’s a retail executive exodus underway — and more departures are coming
Shoppers explore a mostly empty mall in Columbus, Ohio. Matthew Hatcher | Getty Images Don’t expect the stream of departures from retailers’ C-suites to stop anytime soon. Already this year, Gap and Bed Bath & Beyond abruptly replaced their CEOs as the companies’ sales plunged. GameStop fired its chief financial officer in the middle of […]
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These stocks have earnings momentum going into earnings season
As investors ready themselves for what’s expected to be a rough earnings season, CNBC Pro found stocks that are actually seeing their estimates raised by analysts going into results. Many investors are expecting second-quarter earnings reports to fall broadly short of expectations, as rising inflation and a hawkish Federal Reserve continue to weigh on corporate […]
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Back-to-school investing preview: Possible recession looms over retailers’ busiest half of the year
Every other week, beginning in May, Morning Consult polls consumers about back-to-school spending plans. The results of its latest survey were startling. There was a 10-point pop from the prior poll in the number of parents who say they can’t afford backpacks, notebooks, new jeans and sneakers, and other supplies. “The drop in the number […]
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Inflation and recession fears are squeezing some industries more than others
A woman pushes a shopping cart through the grocery aisle at Target in Annapolis, Maryland, on May 16, 2022, as Americans brace for summer sticker shock as inflation continues to grow. Jim Watson | AFP | Getty Images People still appear willing to shell out to travel, go to the movies and have a drink […]
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These stocks post solid returns during sluggish economic times like we’re going through now
Ever-growing fears of an economic recession have left investors scrambling to figure out how to protect their portfolios. In the first quarter, U.S. GDP contracted by more than 1% as the country dealt with the spread of the omicron Covid-19 variant. The economy is also seen as struggling in the second quarter, with the Atlanta […]
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