Hertz Orders 100,000 Teslas in Rental-Market Shake-Up
(Bloomberg) -- Hertz Global Holdings (OTC:HTZGQ) Inc., barely four months out of bankruptcy, placed an order for 100,000 Teslas in the first step of an ambitious plan to electrify its...
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Target to Add More Apple Shop-in-Shop Locations
By Sam Boughedda Investing.com — Target Corporation (NYSE:TGT) said Tuesday that it will be adding even more dedicated Apple Inc (NASDAQ:AAPL) at Target shop-in-shop locations. Shares of...
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Take Five: China, FAANGs, Turkey and Christmas fears loom large
Chinese growth and corporate earnings in the United States and Europe, including results from the big-hitting FAANGs, will give markets plenty to digest in the week ahead, while Turkey's...
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Price pinch: global economy caught in perfect storm
By Guy Faulconbridge, Andrew MacAskill, Daniel Leussink and Leika Kihara LONDON/TOKYO (Reuters) - From beef bowls in Tokyo to fried chicken in London, consumers are starting to feel the...
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Amazon Boosts Wages, Pledges to Hire 125,000 Amid Labor Shortage
(Bloomberg) -- Amazon.com Inc (NASDAQ:AMZN). boosted pay as it looks to hire 125,000 warehouse and shipping workers amid a tight U.S. labor market. The e-commerce giant said starting wages...
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Walmart Slips on Report it Will Scrap Decades-old Quarterly Bonuses
By Dhirendra Tripathi Investing.com – Walmart (NYSE:WMT) stock traded 0.4% lower Thursday as a report in The Wall Street Journal said the retailer is phasing out its decades-old quarterly...
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Walmart Says Pay Increase Brings Average Hourly Wage to $16.40
(Bloomberg) -- Walmart (NYSE:WMT) Inc. said it will raise wages for a swath of its U.S. workforce, bringing its average hourly wage to $16.40 as the big-box retailer competes for employees...
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Travel Industry Rebound Is Threatened by Airline Hiring Troubles
(Bloomberg) -- Missing workers are turning out to be as big a headache for airlines as missing luggage. U.S. carriers hoping to build out flight schedules face headwinds from unfilled jobs...
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Dow Futures 60 Pts Lower; Lowe's, Target Quarterly Results Impress
By Peter Nurse Investing.com - U.S. stocks are seen opening largely lower Wednesday, continuing the weakness of the previous session with the focus on more earnings from the retail sector...
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Fed Minutes, Housing Starts, XI Takes Aim at Rich - What's Moving Markets
By Geoffrey Smith Investing.com -- The Federal Reserve publishes the minutes of its last policy meeting after yet another regional president calls for a quick start to tapering bond...
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Target Earnings, Revenue beat In Q2
Investing.com - Target (NYSE:TGT) reported on Wednesday second quarter {{erl-8180||earnings that beat analysts' forecasts and revenue that topped expectations. Target announced earnings...
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Drop in U.S. Retail Sales Indicates Shift to Services Spending
(Bloomberg) -- U.S. retail sales fell in July by more than forecast, consistent with a steady shift in spending toward services and indicating consumers may be growing more price conscious...
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Top 5 Things to Watch in Markets in the Week Ahead
By Noreen Burke Investing.com -- Investors will be looking to the Federal Reserve minutes and the latest U.S. retail sales data to give direction to markets in the week ahead, while a flurry...
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Covid Test Firm Climbs Near $6 Billion Value in Seoul Debut
(Bloomberg) -- A South Korean biotech firm that saw sales surge to $1 billion in the first quarter on strong demand for Covid-19 testing jumped in its trading debut, pushing its market value...
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Grocery-Store Boom Is Poised to Live On Even as Pandemic Fades
(Bloomberg) -- Supermarket prices are rising, and restaurants are reopening. But Americans keep stocking up on groceries. Grocery sales accelerated in late May and early June, according to...
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House Set to Vote on Making Juneteenth a National Holiday
(Bloomberg) -- The House is set to vote Wednesday on making June 19, the day that commemorates the end of slavery in the U.S., a federal holiday, Majority Leader Steny Hoyer said, with...
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Step-Aside Resolution Not Used To Target Individuals – Mantashe
Share with your network! ANC Chairperson, Gwede Mantashe, says the party is not using the step-aside resolution to target individuals.He says the rule is not new, and leaders have adhered...
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Dollar General Gets Lone Sell as BofA Sees Risks Ahead
By Christiana Sciaudone Investing.com -- Dollar General (NYSE:DG) slipped 2% after Bank of America (NYSE:BAC) cut the stock to a sell-equivalent as risks abound, the company's one and only...
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Consumer Spending ‘On Fast Forward’ as Covid Hibernation Ends
(Bloomberg) -- Americans are leaving the house, ditching the masks and spending again.At Walmart (NYSE:WMT) Inc., sales of teeth whitening kits doubled last month while luggage soared 400%...
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Target Gains On Restoring Guidance After A Year, Reporting Strong Growth
By Dhirendra Tripathi Investing.com – Target (NYSE:TGT) shares were up more than 3% in Wednesday’s premarket in response to the company restoring full-year guidance after a strong...
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Nasdaq Futures Down 175 Pts; Tech Sector Under Pressure
By Peter Nurse Investing.com - U.S. stocks are seen opening sharply lower Wednesday, continuing the downward move from the previous session, with the tech sector under particular pressure...
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Target Earnings, Revenue beat In Q1
Investing.com - Target (NYSE:TGT) reported on Wednesday first quarter {{erl-8180||earnings that beat analysts' forecasts and revenue that topped expectations. Target announced earnings...
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Beyond Meat to Expand Product Offerings at Kroger, Target, Other Grocers
By Dhirendra Tripathi Investing.com – Beyond Meat (NASDAQ:BYND) shares rose 2% Thursday after the plant-based meat producer announced several major product expansions at retailers...
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Big-Box Retailers Hit By Reopening Trade Still Have Room to Gain
(Bloomberg) -- Big-box retailers are lagging the broad market this year after reaping gangbusters gains in 2020, but that’s not reason enough to shun the stocks. In fact, these companies...
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U.S. shares lower at close of trade; Dow Jones Industrial Average down 0.46%
Investing.com – U.S. equities were lower at the close on Tuesday, as losses in the Technology, Consumer Services and Consumer Goods sectors propelled shares lower. At the close in NYSE, the...
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U.S. Futures Lower, Stabilizing After Monday's Strong Gains
By Peter Nurse Investing.com - U.S. stocks are seen opening lower Tuesday, handing back some of the previous session’s strong gains - although losses are limited as Treasury yields...
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WHO Warns on Covid, China on Bubbles; Retail Earnings Due - What's up in Markets
By Geoffrey Smith Investing.com -- The number of Covid-19 cases worldwide rose for the first time in eight weeks last week as the World Health Organization said people are “letting down...
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Target Earnings, Revenue beat In Q4
Investing.com - Target reported on Tuesday fourth quarter {{erl-8180||earnings that beat analysts' forecasts and revenue that topped expectations. Target announced earnings per share of...
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Dow Futures Up 280 Pts; J&J Vaccine Approval Helps
By Peter Nurse Investing.com - U.S. stocks are seen opening sharply higher Monday, boosted by more positive Covid vaccine news, progress in the U.S. stimulus package and Treasury yields...
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Top 5 Things to Watch in Markets in the Week Ahead
By Noreen Burke Investing.com -- The shakeup in stocks prompted by the rapid run up in Treasury yields looks set to continue to be a major focus for markets in the coming week, particularly...
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Risk Rally Halted, Stimulus Vote, ARKK Outflows - What's up in Markets
By Geoffrey Smith Investing.com -- The global risk rally takes a breather as stocks and commodities around the world sell off. The dollar is rebounding and 10-year bond yields are only just...
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Etsy was a Pandemic Darling. How it Can Keep the Magic Going
By Christiana Sciaudone and Liz Moyer Investing.com -- It’s hard to feel special when someone hands you another generic set of tropical-scented moisturizers. That’s Etsy’s...
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What Strategists Are Saying About Impact of U.S. Stimulus
(Bloomberg) -- Wall Street strategists are going all-in on reflation bets that powered global markets through last week’s U.S. political mayhem and the spreading pandemic. Thank the prospect...
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UPDATE 2-UK blue chips hit 9-month high on Brexit trade deal cheer
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Brexit deal sparks rally in UK stocks* FTSE 100 at highest since March* Hut...
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UPDATE 1-UK Stocks-Factors to watch on Dec. 29
(Adds FTSE open, company news items)Dec 29 (Reuters) - Britain's FTSE 100 .FTSE index up 1.8% at 6,621 on Tuesday, with futures FFIc1 up 1.7%.* ADMIRAL: British insurer Admiral ADML.L said...
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Where There's a Kardashian, There's Gonna Be Luxury
By Christiana Sciaudone and Liz Moyer Investing.com -- As long as there are Kardashians and Kardashian wannabes, there will be room for luxury. And when we say luxury, we mean none less...
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Kohl's Snags Sephora Partnership on Heels of Target's Ulta Deal
By Christiana Sciaudone Investing.com -- Kohl's (NYSE:KSS) jumped 14% after announcing a long-term partnership with beauty queen Sephora. "Sephora at Kohl's" will be a fully-immersive...
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Cyber Monday Shoppers Spent $10.8 Billion, Missing Projection
(Bloomberg) -- Online shoppers in the U.S. spent $10.8 billion on Cyber Monday, missing Adobe (NASDAQ:ADBE) Inc.’s original projection by almost $2 billion, evidence that retailers pulled...
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Cyber Monday Projected to Hit Pandemic-Fueled $12.7 Billion
(Bloomberg) -- Online shoppers in the U.S. are expected to drop a record-busting $12.7 billion on Cyber Monday -- the busiest e-commerce day of the year -- presenting a valuable opportunity...
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A Stock Trader’s Guide to Black Friday in the Covid-19 Era
(Bloomberg) -- Pandemic-driven lockdowns, shuttered malls and stuck-at-home consumers have hurt retailers in 2020 as Covid-19 ravaged the economy. With Black Friday around the corner, equity...
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