J.C Penney and Kohl's struggle in fiscal 1st quarter
Losses are widening at J.C. Penney and sales are falling after the retailer shed its furniture and major appliance businesses.
Earnings
Home Depot posts strong profit, revenue
Home Depot is reporting better than expected profit and revenue for the first quarter, though bad weather early in the year and an extra week in the previous fiscal year dampened the home improvement retailer's comparable store sales Those sales, watched closely by industry analysts, rose 2.5%, short of the 4.2% they were expecting, according to a survey by Zacks Investment Research.
JCPenney, Kohl’s post disappointing 1Q results, retail stocks crater
Retailers JC Penney and Kohl’s both posted the financial results for its fiscal first quarter Tuesday.
Bumpy ride ahead for retail?
Retail and sales analyst Erin Sykes on the outlook for the retail sector.
Kohl's: Fiscal 1Q Earnings Snapshot
Kohl's Corp. (KSS) on Tuesday reported fiscal first-quarter net income of $62 million.
Home Depot revenue up, same-store sales growth slows
Same-store sales at home improvement chain rose 2.5% in the first quarter ended May 5, below expectations of a 4.2% increase, according to IBES data from Refinitiv.
Increased market volatility ahead over China trade uncertainties?
E-Valuator Funds CIO Kevin Miller on Home Depot's first-quarter results and the impact of U.S.-China trade tensions and the Federal Reserve on the markets.
Markets need to brace for a long, extended US-China trade negotiation: Fmr. U.S. Commerce Department Deputy Director
Former U.S. Commerce Department Deputy Director Chris Garcia on U.S. trade talks with China and the future of USMCA.
Wobbly week for US stocks; 2nd weekly drop for S&P 500
Stocks flopped on Friday, and investors herded into the safety of bonds after the market's reading of the U.S.-China trade war flipped back to worry.
Deere, 3M, Pinterest slip while Cray soars on buyout
Stocks that moved substantially or traded heavily on Friday: Deere & Co., down $11.17 to $134.82
Markets Right Now: Stocks closing lower Friday
The latest on developments in financial markets (all times local): 9:35 a.m.
Trade war, heavy rains weigh on Deere & Co.
Deere & Co. (DE) on Friday reported fiscal second-quarter earnings of $1.13 billion.
Asian shares mixed as Huawei sanctions stir trade fears
Stocks marched higher for the third day in a row Thursday, erasing the big plunge they took on Monday on worries about the worsening trade fight between China and the U.S. Banks reversed course and helped lead the broad gains.
Business Highlights
___ Countertops and rubber bands: US pursues obscure trade cases WASHINGTON (AP) — President Donald Trump's high-profile trade offensives have grabbed headlines and rattled financial markets around the world.
Trump disclosure shows revenue steady at key properties
President Donald Trump's latest financial disclosure report is expected to provide a rare glimpse into whether his presidency has helped or hurt his hotels, golf resorts and other parts of his business empire.
Walmart and Cisco rise while Virtusa and Farfetch stumble
Stocks that moved substantially or traded heavily on Thursday: Walmart Inc., up $1.43 to $101.31
Pinterest reports smaller 1Q loss but results drag stock
Pinterest, fresh off its initial public offering, posted a loss for the first three months of the year that was larger than analysts were expecting, though revenue was slightly stronger.
Walmart warns that higher tariffs will mean higher prices
Walmart is posting its sixth straight quarter of same-stores sales growth and profits topped Wall Street expectations.
Walmart says China tariffs will increase prices for US shoppers
The world's largest retailer won't be able to escape the tariff war, neither will its shoppers.
1Q Earnings Wrap: When nothing is better
Behold the power of low expectations.