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Market Wrap For June 2: Dow, S&P Continue Rising, Nasdaq Slightly Lower
Monday, June 2, 2014 - 4:36pm | 2382Read More...U.S. stocks were mostly positive on the first trading session of June in which investors were left confused over ISM's May Manufacturing data which was revised twice. Both the S&P 500 and Dow Jones indices reached new highs. The S&P 500 index reached a new all time high of 1,925.88...
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Michael Kors Shares Pull Back Despite Analysts' Views
Thursday, May 29, 2014 - 2:08pm | 281Read More...A raft of analysts gave a thumbs up to luxury retailer Michael Kors (NYSE: KORS), even as shares pulled back sharply Thursday. The company boosted guidance and announced another blow-out quarter a day earlier, posting fiscal fourth-quarter earnings up 63 percent on sales growth of nearly 54...
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Earnings Preview: Will Michael Kors Keep Rallying?
Tuesday, May 27, 2014 - 4:38pm | 578Read More...High-end retailer Michael Kors (NYSE: KORS) will release its fiscal fourth-quarter earnings results before Wednesday's market open. Since going public in December 2011, the stock has been on a tear, rising 300 percent. Year-to-date, shares are up almost 19 percent, easily outperforming the S...
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Market Wrap For May 20: Markets Sharply Lower On Fed Talk, Disappointing Earnings
Tuesday, May 20, 2014 - 4:42pm | 2471Read More...U.S. stocks declined following troubling words from a Federal Reserve official. In a speech delivered Tuesday, the Fed's Charles Plosser hinted that the Federal Reserve should reduce the pace of its asset purchases in measured steps but an increase in interest rates “may come sooner than many...
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Market Wrap For May 1: Markets Mixed To Start The New Month
Thursday, May 1, 2014 - 4:35pm | 2905Read More...U.S. stocks were little moved to start off the month of May as investors and traders are cautious before April's nonfarm payrolls report are released on Friday. The consensus estimate for Friday's figure stands at 215,000 which would trump March's 192,000 number. “This is a really important...
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Market Wrap For April 30: Markets Positive Despite Fed Tapering and GDP Rising Less Than Expected
Wednesday, April 30, 2014 - 4:35pm | 3030Read More...U.S. stocks rose as investors cheered the latest move by the Federal Reserve who stacked on another $10 billion to its tapering effort. By doing so, the central bank has lowered its asset purchases to $45 billion per month. “Information received since the Federal Open Market Committee met in...
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Market Wrap For April 29: Dow Approaches Record Highs Despite Ongoing Ukraine Tension and Upcoming Fed Meeting
Tuesday, April 29, 2014 - 4:43pm | 3331Read More...U.S. stocks finished higher as the Dow approached its all time high of 16,631.60. The index trading on Tuesday as high as 16,559.39. The S&P 500 index is also not that far away from its all time highs of 1,897.28. The Federal Open Market Committee began its two-day meeting in Washington....
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Earnings Expectations For The Week Of April 28: Big Oil, Big Pharma And More
Sunday, April 27, 2014 - 11:58am | 854Read More...The earnings crunch continues this week. Among the highlights will be scheduled quarterly reports from Exxon Mobil and Chevron, from Bristol-Myers Squibb and Merck, from Time Warner and Viacom, and also from Twitter. Early Thursday, Exxon Mobil (NYSE: XOM) is expected to say that it had earnings...
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For Retail Gains, Go East, Young Investor!
Friday, April 4, 2014 - 10:27am | 544Read More...The most recent Fortune magazine has a great article on the collapse of JC Penney (NYSE: JCP). Along these lines, many have been written about the decline of SearsHolding (NASDAQ: SHLD), too. While Amazon (NASDAQ: AMZN) has certainly done damage, there has been a shift in consumer growth:...
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Market Wrap For March 18: Markets Positive Despite Crimea Concerns
Tuesday, March 18, 2014 - 4:35pm | 2079Read More...U.S. stocks extended Monday's gains despite lingering concerns over Crimea. Russian President Vladimir Putin has authorized a draft treaty for Crimea to join Russia. U.S. economic data showed that housing starts in February remain healthy with modest gains. The Dow gained 0.55 percent,...
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Michael Kors Announces A Push Into Men's Wear
Wednesday, February 5, 2014 - 4:05pm | 386Read More...When Michael Kors (NYSE: KORS) reported its third quarter results on February 4, the company announced that it intends to make “a significant push in the men's business.” Michael Kors will announce a new president from a “very successful large global men's company” to lead the men's business...
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Top Trending Tickers On StockTwits For February 4
Tuesday, February 4, 2014 - 10:43am | 758Read More...Here's a look at the top tickers trending on StockTwits.com S&P 500 ETF: Pre-market data point to opening rebound Prior to today's market open, the S&P 500 futures were trading higher by 0.4 percent with the SPDR S&P 500 ETF (NYSE: SPY) matching the gains. The Nasdaq 100 futures were...
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Market Wrap For January 24: Fear Is Back In The Markets
Friday, January 24, 2014 - 5:30pm | 2424Read More...Major indices continued to plummet on Friday with no economic data released that could rejuvenate the market. Investors remain worried about a Chinese slowdown, a mixed-bag of corporate results on Wall Street and possible further tapering just around the corner as the Fed meets again next...
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Market Wrap For January 22: Earnings Season Continues To Come In Mixed
Wednesday, January 22, 2014 - 5:58pm | 2705Read More...Wednesday marked another day of mixed trading as investors and traders continue to find little clarity from the quarterly results released so far. With the markets being a "mixed bag" major indices ended the day little changed with the Dow ending slightly in the red and both S&P 500 and...
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Top Trending Tickers On StockTwits For January 22
Wednesday, January 22, 2014 - 11:57am | 878Read More...Here's a look at the top tickers trending on StockTwits.com: Coach: Iconic brand losing market share This morning Coach (NYSE: COH) released its second quarter results. The company reported an EPS of $1.06, missing the consensus estimate of $.11. Revenue declined 5.3 percent year over year at...















