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Dow, S&P 500 Close At Record Highs In Another Quiet Trading Session
Thursday, November 20, 2014 - 5:52pm | 1021Read More...U.S. stocks brushed off early morning losses and ended the day slightly positive. U.S. economic data showed existing home sales and leading indicators both being higher than expected for October, while U.S. preliminary PMI fell from October's reading as analysts were expecting a rise. On...
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Stifel Introduces 'LaBarometer,' A Monthly Metric Tracking Low-Income Consumers
Monday, November 3, 2014 - 12:24pm | 240Read More...Taylor LaBarr of Stifel introduced on Monday a new tracking metric called “LaBarometer” that attempts to quantity the “changing financial pressures on low-income consumers.” The results from the monthly metric could provide investors with potential impacts on sales at...
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#PreMarket Primer: Wednesday, September 10: Dollar General Gets Aggressive
Wednesday, September 10, 2014 - 7:38am | 1194Read More...Dollar General Corp (NYSE: DG) has decided to tender to buy Family Dollar Inc. (NYSE: FDO) for $80 per share in cash. The tender offer will take place on Wednesday and comes after Family Dollar rejected Dollar General’s $9.1 billion acquisition offer in favor of an $8.5 billion agreement...
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#PreMarket Primer: Thursday, September 4: Talk Of A Ceasefire In Ukraine
Thursday, September 4, 2014 - 7:46am | 1373Read More...The situation in Ukraine looked to be brightening on Thursday as officials tried to determine the validity of a ceasefire agreement between Russian President Vladmir Putin and his Ukrainian counterpart, Petro Poroshenko. Though Poroshenko was optimistic about the deal, U.S. President Barack Obama...
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How Wal-Mart Is Disrupting The Dollar Store Space
Friday, August 29, 2014 - 12:10pm | 641Read More...Dollar stores are trying to strengthen their presence in the small-box store market for a reason that many people don’t understand. Contrary to popular belief, it might have to do with Wal-Mart Stores (NYSE: WMT). Historically, this shouldn't be a surprise, as Wal-Mart has steamrolled...
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Markets Continue To Rally Ahead Of Yellen's Speech At Jackson Hole
Thursday, August 21, 2014 - 5:16pm | 2993Read More...U.S. stocks rose as the S&P 500 toppled to a new all-time high of 1,994.76 while the Dow rose above the 17,000 mark following positive economic reports. Speaking from Jackson Hole, San Francisco's Federal Reserve President John Williams stated that raising the benchmark interest rate...
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Retail ETF In Play As Handfuls Of Retailers Report Earnings
Thursday, August 21, 2014 - 2:48pm | 698Read More...The SPDR S&P Retail ETF (NYSE: XRT) saw unusually large volume on Wednesday ahead of a handful of retailers reporting earnings on Thursday. Investors bought 51,842 put options on the ETF, representing a 430 percent increase in typical volume activity of 9,775 put options. Here is a look at...
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The Drama Continues In The Dollar Store Space
Wednesday, August 20, 2014 - 3:07pm | 848Read More...Family Dollar (NYSE: FDO) on Monday confirmed it received an offer to be acquired by Dollar General (NYSE: DG) for $8.9 billion. Family Dollar said in a statement hat it "remains subject to the merger agreement with Dollar Tree, and the Company's Board of Directors has not changed its...
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Dow Flirts With 19,000, S&P 500 Approaches 2,000 & NASDAQ Trading At 14-Year Highs
Tuesday, August 19, 2014 - 4:35pm | 2619Read More...U.S. stocks rose as geopolitical events took a back seat and investors found positives in housing and consumer price index data released Tuesday. The markets followed the lead of Apple which closed at an all-time split-adjusted high of $100.53. Earnings from Home Depot and TJX Companies also...
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#PreMarket Primer: Tuesday, August 19: Dollar General Incites Bidding War
Tuesday, August 19, 2014 - 7:17am | 1147Read More...On Monday, Dollar General (NYSE: DG) foiled Dollar Tree's (NASDAQ: DLTR) plans to acquire Family Dollar (NYSE: FDO) by entering its own bid for the second-largest dollar-store chain. Dollar General, the largest of the three, has offered $9 billion in cash for its rival, saying the...
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Jefferies Mostly Positive On Retailers Ahead Of Earnings
Tuesday, August 12, 2014 - 11:53am | 1212Read More...Jefferies analyst Daniel Binder released an earnings preview ahead of major retailers that are set to announce quarterly results. “We started the second quarter with conservative estimates and early reports have been mixed,” Binder wrote in a note to clients on Tuesday. “We...
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Stocks Lower As Earnings Season Takes Back Seat To Geopolitical Uncertainties
Tuesday, July 29, 2014 - 4:37pm | 2823Read More...U.S. stocks fell as the Dow dipped below the 17,000 marks as geopolitical concerns become a main focus. In a televised statement, President Obama said the United States will expand on sanctions meant to hurt Russia's energy, defense and financial sectors. The move follows Russia's...
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#PreMarket Primer: Tuesday, July 29: Russia Accused Of Violating Nuclear Treaty
Tuesday, July 29, 2014 - 7:22am | 1202Read More...The relationship between the U.S. and Russia became even more tense on Monday after U.S. officials accused Russia of violating the Intermediate Range Nuclear Forces treaty. Although the accusations did not detail Russia’s infractions, the U.S. called for high-level talks with Moscow in...
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Markets Little Changed Ahead Of The Federal Reserve's Policy Decision
Monday, July 28, 2014 - 4:36pm | 2462Read More...U.S. stocks were little changed ahead of the Federal Reserve's policy announcement due out on Wednesday. The Federal Reserve will conclude a two-day session, with the central bank likely to announce further cuts to its monthly asset purchases. In economic news, June home sales declined in...
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4 Tips For Saving Money This 4th Of July
Friday, June 27, 2014 - 12:03pm | 1001Read More...No matter how you plan to spend the Independence Day holiday weekend, it will likely cost money. Whether you will be traveling, entertaining or simply staying home with family – Independence Day is a time of celebration and celebration can be expensive. Here are some ways to cut costs...














