Bed Bath & Beyond's potential bankruptcy could bode well for Target as the retailer picks up the sales from more store closures, Oppenheimer said. "We think TGT could have even better access to more brands over time to the extent a significant BBBY retrenchment comes
It is a commonplace that fundamental investors are always skeptical of technical analysis. No matter. When the fundamentals of the economy and the outlook for earnings get murky -- which is exactly what is happening in January -- active investors turn to technical analysis. And
“We have written the phrase ‘Worst earnings report in our history of covering this company’ on more than one occasion over the last couple of years. But this time we REALLY mean it…” That was the comment from a team of analysts at Bernstein, led by
In this article CVX Follow your favorite stocksCREATE FREE ACCOUNT A sign is posted in front of a Chevron gas station on July 31, 2020 in Novato, California. Justin Sullivan | Getty Images Chevron on Friday posted a record $36.5 billion profit for 2022 that was more than double year-earlier
A potential shakeup on Salesforce 's (CRM) board of directors would be welcomed news for a Club holding facing slowing growth, a leadership turnover, layoffs and intensifying pressure from activist investors. The enterprise software giant is considering at least three potential board appointees, Bloomberg News
Another wave of Covid infections in China is the biggest fear for supply chain managers, but those whose companies were impacted by the first pandemic wave are optimistic the impact will be short-lived. "After talking with my team and a few of our suppliers in China,
Here are the biggest calls on Wall Street on Friday: Bank of America reiterates Apple as neutral Bank of America says Apple's could be "challenged" when it reports earnings next week. "We view 1H2023 as challenged given a somewhat weaker iPhone cycle (both supply and
In this article GOOGGOOGL Follow your favorite stocksCREATE FREE ACCOUNT CEO of Alphabet and Google Sundar Pichai in Warsaw, Poland on March 29, 2022. Mateusz Wlodarczyk | Nurphoto | Getty Images The Department of Justice's latest challenge to Google's tech empire is an ambitious swing at the company with the
Egg shelves are seen with a note apologizing to customers for the price increase after the reduction in productivity brought on by poultry fatalities caused by various illnesses, in San Mateo, California, United States on January 23, 2023. Tayfun Coskun | Anadolu Agency | Getty Images Consumers
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