Walmart Inc
We’re adding to a health insurance stock on the dip that had great earnings
This company got off to a solid start this year, reporting at the end of last month a strong first-quarter earnings beat and a full-year outlook raise. Source
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Cramer rips Target for blindsiding investors. Turns out it did even worse than Walmart
Jim Cramer says the retailers should have preannounced the bad news. Source
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Stocks making the biggest moves midday: Target, Lowe’s, TJX and more
Shoppers walk in front of a Target store at the Lycoming Crossing shopping plaza in Muncy, Pennsylvania. Sopa Images | Lightrocket | Getty Images Check out the companies making headlines in midday trading. Target – Shares plunged 25.6% after the retailer reported disappointing quarterly results, citing high fuel costs and inventory troubles. Target posted an […]
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Retail stocks slide after Target, Walmart’s dire results. Here’s where to find the good buys
The second major earnings disappointment in retail this week sent many investors running for the exits, but that’s also created a few opportunities in the sector. On Wednesday morning, Target followed Walmart in delivering a big earnings miss for the first quarter, warning that rising costs were eating into profit margins. The report helped weigh […]
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We’re selling half of a retail holding to get into an undervalued health care stock
The high grading of our portfolio continued Wednesday morning, with the moves made on American Eagle Outfitters and Johnson & Johnson. Source
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Target shares sink 25% after company says high costs, inventory woes hit profits
Target on Wednesday reported quarterly earnings that fell far short of Wall Street’s expectations, as the retailer coped with pricey freight costs, higher markdowns and lower-than-expected sales of discretionary items from TVs to bicycles. Shares fell about 25% in early trading. Here’s what Target reported for the fiscal first quarter ended April 30, compared with […]
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5 things to know before the stock market opens Wednesday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures fall as inflation claims another retailer Traders on the floor of the NYSE, May 17, 2022. Source: NYSE U.S. stock futures dropped Wednesday as rising inflation slammed another retailer. Target sank 24% in the premarket, […]
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Stocks making the biggest moves premarket: Target, Walmart, Carrier Global and others
Check out the companies making headlines before the bell: Target (TGT) – Target plummeted 22.1% in the premarket after the retailer reported an adjusted quarterly profit of $2.19 per share, below the $3.07 consensus estimate. Revenue and comparable-store sales beat forecasts, but like rival Walmart yesterday, higher costs ate into Target’s bottom line. Lowe’s (LOW) […]
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Expect a rally Wednesday if there’s good news from retail giants and China, Jim Cramer says
CNBC’s Jim Cramer on Tuesday said that investors should keep an eye on retailer earnings and Covid news from China as indicators for how Wednesday’s trading session will go. If we get more good news from China tonight “along with fine quarters from Target and Lowe’s … we’re going to have another one of these […]
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We can become one of the world’s biggest companies, says CEO of Amazon freight rival
Freight is a trillion-dollar industry, and it has not moved with the speed of the 21st century, long reliant on ledgers, email and (even) phone calls to communicate. But there is a new generation of start-ups using technology to tackle the biggest issues in a complex global supply chain, ten of which made the 2022 […]
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