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.
The U.S. auto industry has hit a bump in the road in 2017, but a pair of major players may soon be getting a green light in China. On Tuesday, Ford Motor Co. (NYSE: F) announced it is in talks to produce electric vehicles in China, and a Chinese automaker just confirmed interest in buying at least part…
With the stock already up more than 32 percent year-to-date, Salesforce.com (NYSE: CRM) may have very little margin for error when it reports its second-quarter earnings after the closing bell this afternoon. However, Credit Suisse analyst Michael Nemeroff expects Salesforce will meet those Q2 expectations and will remain a solid long-term investment in the coming years.
Nike, Inc. (NKE) investors were hoping to start this week off on the right foot, but they got yet another piece of bad news on Monday morning. Jefferies analyst Randal Konik downgraded Nike stock from “buy” to “hold,” noting increasing competition from Adidas and Nike stock’s premium market valuation.
Second-quarter earnings season is coming to a close, with more than 95 percent of Standard & Poor’s 500 index companies already reporting. Wells Fargo analyst Christopher Harvey has compiled earnings and market reaction data for the entire S&P 500 up to this point. The results reveal a mostly positive quarter for companies and a mostly negative market…
Foot Locker, Inc. (NYSE: FL) stock had already declined 30 percent in the past three months ahead of Friday’s second-quarter earnings report. Unfortunately for Foot Locker stock owners, huge earnings and revenue misses, as well as negative commentary from management sent shares tumbling yet another 25 percent in early Friday trading.