In this article MGM CZR META MU KSS AAPL Check out the companies making headlines before the bell: Kohl’s (KSS) – Kohl’s tumbled 17.9% in premarket trading after the retailer confirmed an earlier CNBC report that it ended talks to be bought by Vitamin Shoppe parent Franchise Group (FRG). Kohl’s said the deteriorating retail and
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Sharing is Caring! by Grif The Catholic Church is under attack by radical pro-abortion terrorists who have rampaged across the country, looting, ransacking, and burning Catholic houses of worship. According to CatholicVote, there have been more than 150 violent attacks in 39 states since 2020. The most recent church burning was Sunday, (July 26, 2022) when
Opendoor Technologies’ (OPEN) stock sunk more than 67% year-to-date, significantly worse than the broader market. Opendoor’s iBuying business essentially cuts out the middle man and allows users to sell their homes in the most convenient manner. Nevertheless, the iBuying sector was taken by storm when Zillow (Z) exited the market, which also resulted in OPEN
Sharing is Caring! by Michael There will be nuclear war if we stay on this path. Almost every day, we get more news about how both sides are escalating the conflict in Ukraine. If the American people truly understood what was at stake, there would be giant protests in the streets of every major U.S.
On June 27, athletic lifestyle retailer Nike (NYSE: NKE) reported better-than-expected results for the fourth quarter of Fiscal 2022, which ended May 31. Nonetheless, both the top and bottom lines declined on a year-over-year basis. This, combined with a weaker-than-expected gross profit margin, did not sit well with investors and traders struggling to make decisions
In this article CCL RH Interior Design area of the Restoration Hardware store in the Meatpacking District of New York. Source: RH Check out the companies making headlines in midday trading Thursday. RH — Shares of RH fell 10.6% after the high-end furniture chain slashed its full-year outlook and said consumer demand for its products
If there’s one common theme connecting the market’s experts, it’s ‘be a contrarian.’ Don’t follow the herd, focus on underlying facts, and don’t be afraid to throw out the conventional wisdom. Or, in a memorable phrase from Warren Buffett, “Be fearful when others are greedy, and greedy when others are fearful.” Jim Cramer, the well-known host
In this article AYI RH STZ WBA XRX NXST Check out the companies making headlines before the bell: Walgreens (WBA) – The drug store operator earned an adjusted 96 cents per share for its latest quarter, 4 cents above estimates, with revenue also beating analyst forecasts. Walgreens also reaffirmed its full-year guidance, forecasting low-single-digit adjusted
Sharing is Caring! by Chris Black On the horrible side of the news, at least fifty illegal immigrants died from heat stroke in San Antonio Texas: [embedded content] New York Post: Chilling new details emerged Tuesday in the Texas border horror that left at least 51 migrants dead — including how victims stuffed in the truck were
One of the most exciting electric vehicle (EV) stocks in the market late last year, when valuation soared to the stratosphere, the tables have sadly turned for Lucid Group (LCID). Against the January opener of 2022, LCID stock finds itself deep into negative territory, though if historical trends regarding automotive innovation pan out, this investment
Sharing is Caring! by Michael If countries in Europe are already beginning to ration certain things due to “supply problems”, how long will it be before it starts happening in the United States? Up until the past couple of years, many of us in the western world always considered shortages to be something that only
Bausch Health Companies (BHC) (TSE: BHC) is a global specialty pharmaceutical, consumer health, and medical device company with a focus on branded products for the dermatology, gastrointestinal, and ophthalmology markets. Although analysts have a favorable outlook of the company, there is little reason to believe that it will be a strong performer in the long
In this article CCL BBBY A security guard stands next to a Bed Bath & Beyond sign at the entrance to a New York City store location. Scott Mlyn | CNBC Check out the companies making headlines in midday trading. Bed Bath & Beyond — Shares of the retailer plummeted 23.6% after the company missed revenue
Sharing is Caring! by Charles Hugh-Smith Putting this all together, it’s clear that the source of the current housing bubble is the explosion of financial speculation fueled by central bank policies. Those benefiting from speculative bubbles have powerful incentives to deny the bubble can bust. Rationalizations abound as bubbles inflate, and the continued ascent of speculative
On June 28, Pinterest (NASDAQ: PINS) announced that its Co-Founder, Chief Executive Officer, and President, Ben Silbermann, will assume the newly created role of Executive Chairman, and Bill Ready will become the new CEO and a member of the Board of Directors, effective June 29. Prior to joining Pinterest, Ready served as President of Commerce,
In this article 9866-HK PINS MKC BBBY CCL GIS Check out the companies making headlines before the bell: General Mills (GIS) – General Mills reported adjusted quarterly earnings of $1.12 per share, 11 cents above estimates, with revenue that also topped Wall Street forecasts. The stock rose 1.6% in the premarket, even as the food
Pfizer is one of the most talked-about businesses needing no introduction. The pharmaceutical king hit the lottery during the pandemic with the launch of its COVID-19 vaccine, which took revenues to a whole new level. Pfizer continues to thrive due to sales of its vaccines and COVID-19 pill, generating billions in revenue. Nevertheless, the road
Sharing is Caring! by Michael What I am about to share with you is extremely alarming. I was recently contacted by a major prophetic voice about a very unusual experience that this individual recently had, and we discussed what would be appropriate to share with the public. Normally I never share anything from anonymous sources
Pembina Pipeline (PBA) (TSE: PPL) provides transportation and midstream services. It operates through the following segment: Pipelines, Facilities, Marketing and New Ventures, and Corporate. The company currently offers a pretty attractive dividend yield while also receiving the backing of the analyst community. However, when it comes to analyzing its competitive advantage, the results are a
Disney store is seen in Times Square, New York City. Nick Pfosi | Reuters Check out the companies making headlines in midday trading. Nike — Shares of Nike fell more than 5% even after the company topped Wall Street’s earnings and sales expectations for the fiscal fourth-quarter. Nike said it anticipates flat to slightly higher
We’re facing a maelstrom of conflicting currents in the markets today, with a series of headwinds running head-on into each other. Consumer sentiment is low – in fact, at the lowest levels ever recorded, with 79% of consumers expecting economic conditions to get worse in the coming year. Inflation is high, at levels not seen
Take a look at some of the biggest movers in the premarket: Nike (NKE) – Nike fell 2.4% in premarket trading despite reporting better-than-expected quarterly profit and revenue. The athletic apparel and footwear maker forecast current-quarter revenue below analysts’ estimates amid increased promotional activity and ongoing disruptions in its profitable Chia market. Spirit Airlines (SAVE)
Sharing is Caring! By Graham Summers, MBA The Fed is now telling us that it can avoid a recession… or engineer a “soft landing.” It’s a pretty stunning argument… and it raises questions as to whether the Fed actually believes this stuff… of if it’s simply saying this for political purposes so people won’t panic.
Lowe’s Companies (LOW), one of the Fortune 50 constituents, is the second-largest home improvement retailer in the world, just behind Home Depot (HD). The company runs nearly 2,000 home improvement and hardware locations, comprising a sales floor of 208 million square feet. Lowe’s has been historically appreciated among income-oriented investors for its Dividend King status.
Consumers are tightening their wallets and are concerned about the prospect of a recession; that was evident in a recent proprietary survey regarding the U.S. Online Shopper, undertaken by investment bank Evercore. Firm analyst Mark Mahaney notes that 58% of consumers said they believe their retail spend over the next 6–12 months will drop while
In this article SAVE ETSY COIN HOOD DWAC Monitors display Coinbase signage during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, U.S., on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Spirit Airlines — The budget airline’s shares
Shares of GMS Inc. (NYSE: GMS) have been rising since the company announced its results for the fourth quarter of the fiscal year ended April 30, 2022 last week. GMS is a leading North American distributor of specialty building products like wallboard, ceilings, steel framing, and complementary construction products. GMS’s Q4 FY22 revenue increased 38.2%
In this article MO COIN HOOD DWAC BNTX SAVE Check out the companies making headlines before the bell: Spirit Airlines (SAVE) – Spirit Airlines lost 4.7% in the premarket after saying it would accept the latest improved takeover bid from Frontier Group (ULCC). The latest Frontier cash-and-stock bid is valued at $2.7 billion based on
Sharing is Caring! Via Birch Gold Group From Peter Reagan There isn’t any doubt, when inflation accelerates like it is right now, the lower income class has their financial worlds turned upside down. After all, that’s what happens when most of the food that we eat and fuel we use every single day suddenly becomes 10% – 43%
Electric vehicles (EVs) have become the car sector’s fastest growing segment, more than doubling last year to reach 6.8 million vehicles globally. This gives EVs a market share greater than 8%, triple where it stood in 2019, before the COVID pandemic. The market has found support from political policy, but more importantly, from improvements in
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