South Texas and Louisiana residents got no respite from the remnants of Hurricane Harvey, as torrential downpours added to record flooding in Houston and other areas in the region. Harvey’s impact on the local economy has been close to a worst-case scenario, and energy investors are rightfully concerned about the storm’s long-term impact on oil and gas…
With the summer blockbuster movie season coming to an end, movie theater investors are well aware that a seasonal slowdown in ticket sales is inevitable. However, this past weekend’s numbers were the lowest on record for the U.S. movie industry since 2001, and analysts believe Labor Day weekend will offer little relief.
Best Buy (NYSE: BBY) has been a standout stock in an otherwise horrendous year for U.S. retailers in 2017.
Apple (Nasdaq: AAPL) investors are eagerly anticipating the upcoming 10-year anniversary iPhone 8 due out in September. But Apple will also be launching another device by the end of 2017 that could drive meaningful upside for the stock for years to come.
Ulta Beauty (ULTA) stock plummeted more than 8 percent on Friday morning after the company reported second-quarter earnings and revenue that topped consensus analyst expectations. Ulta also raised its full-year guidance, but investors were hoping for something more than a modest beat from the cosmetics retailer.
Ford Motor Co. (NYSE: F) and General Motors Co. (GM) investors hoping that August would bring some relief for a stalling U.S. auto industry may be disappointed. According to a new report from Buckingham Research Group, U.S. light vehicle retail sales declined 4.4 percent year-over-year through the first 17 selling days of August.
The market cheered the second quarter earnings report from Sears Holdings Corp (Nasdaq: SHLD) on Thursday, but the initial 10 percent jump in SHLD stock may be the result of Sears’ extremely heavy short interest and investors’ extremely low expectations. Although company management touted the viability of their turnaround plan, additional store closings and slumping sales paint an…
Expectations for the 10-year anniversary Apple (Nasdaq: AAPL) iPhone 8 are fairly high among analysts and investors. But while investors will be watching sales numbers closely, iPhone pricing could also have a major impact on Apple stock.
Lowe’s Cos. (NYSE: LOW) stock dipped more than 5 percent Wednesday morning after the company disappointed the market with its second quarter earnings report and lowered its full-year guidance. So far in 2017, Lowe’s has benefited from a boom in the home improvement industry, but the company’s latest numbers confirm that its business performance is still not on-par…
Chipotle Mexican Grill (NYSE: CMG) investors are coming up on an important anniversary they’d happily forget. Chipotle management has had nearly two years to right the ship since the beginning of its 2015 E. coli outbreaks, but a pair of Wall Street analysts say the stock remains untouchable.