nvestors will pick through the growing number of mixed retailer earnings today, but odds are today’s focal point will be when Treasury Secretary Steven Mnuchin and Fed Chairman Jerome Powell testify
(RTTNews) - Struggling retailer J. C. Penney Co. Inc., which is going through bankruptcy protection, plans to permanently close about 242 stores, according to a regulatory filing with the Securities and Exchanges Commission.
MILAN/HONG KONG/LONDON (Reuters Breakingviews) - Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights.
Following the closing bell this past Friday, May 15, perhaps the most-anticipated Securities and Exchange Commission filing of the month became public. Namely, the Form 13F filing from Warren Buffett's company, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B).
Shares of Best Buy (NYSE: BBY), an electronics superstore still holding on despite Amazon.com's (NASDAQ: AMZN) competition, soared abruptly this morning following a strong recommendation from an analyst at Telsey Advisory Group. The company got upgraded to an outperform rating
Amazon (NASDAQ: AMZN) has crushed many retailers in recent years, but it repeatedly failed to loosen Etsy's (NASDAQ: ETSY) grip on the handmade goods market. Amazon challenged Etsy with its Handmade marketplace in 2015, but Etsy's first-mover's advantage, easier sign-up proces
Walt Disney's (NYSE: DIS) nascent streaming service, Disney+, only debuted in November, and is already taking the streaming world by storm. Expectations are ratcheting higher as the platform continues to attract bullish investor sentiment. Disney+ will accumulate 202 million su
If you've been investing long enough, simple pattern recognition can point you toward winning investments. It helps to quickly separate the signal from the noise. Over the past decade, this has helped me more than quadruple the market's return.
Americans increased their visits to supermarkets far more than to Walmart Inc stores as panic-buying peaked in mid-March, a Reuters analysis of foot traffic to retailers in the United States shows.
AT&T (NYSE: T) will launch HBO Max on May 27, and CEO John Stankey says it'll be available on virtually all app stores, except for maybe one. "It looks like we may not be in the Amazon (NASDAQ: AMZN) Fire app store when all of this is said and done," he said at a recent inve
Amazon (NASDAQ: AMZN) and Microsoft (NASDAQ: MSFT) are often considered the top stocks in the cloud market. After all, Amazon Web Services (AWS) and Microsoft's Azure are the two largest cloud infrastructure platforms in the world, and both companies are leveraging their sprawli
Dividend investing is a good way to beat the market through the power of compounding. And dividend-paying stocks tend to outperform during recessions due to their resilient, cash-generating business models. That's great news for investors looking to scoop up stocks during the pa
The coronavirus crisis is accelerating a shift in the world of autonomous cars toward delivering packages instead of people, as big players open up a lead over startups in the race for funding.
1/SUB-ZERO Love them or loathe them, negative interest rates are back in the spotlight as ammunition-depleted central banks debate the pros and cons of going down the unorthodox route already trodden by the BOJ and ECB.
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