JetBlue warns of higher cash burn as coronavirus rages
The New York-based airline expects fourth-quarter flight capacity to decline as much as 50% versus last year, worse than its prior forecast of at most a 45% drop.
Dow slides back below 30,000
U.S. equity markets opened little changed Wednesday after a mixed batch economic data dropped the Dow back below 30,000.
Nordstrom tops earnings expectations, sees boost in online sales
Shares of the Seattle-based retailer were trading nearly 5% higher after the bell
Gap misses profit estimates on higher costs from online shift
The company also forecast fourth-quarter sales to be flat or slightly higher than last year
Brenberg: Markets have 'luxury' of looking past impending lockdowns
The King's College professor Brian Brenberg gives his take on the markets as the Dow hits 30,000.
Dow 30,000 makes history, S&P hits fresh record on Yellen, vaccine optimism
The Dow is on pace for the best month since January 1987.
Markets cheering Yellen for Treasury secretary pick: UBS managing director
UBS Managing Director Jason Katz discusses the markets celebrating Janet Yellen as the Treasury secretary nominee and how experience will make her the right candidate.
Dick's Sporting Goods names new CEO as sales hit record
Dick’s Sporting Goods Inc. CEO Edward Stack is stepping down from his role as he takes over as executive chairman.
Best Buy 3Q sales rise 21% as consumers continue buying home products
Best Buy Co. Inc. said its sales rose about 21% for the latest quarter as it continued benefiting from online sales and items that help consumers work, learn and cook from home during the Covid-19 pandemic.
Foot Locker grows quarterly profit, sales
Foot Locker Inc. said its profit and sales rose for the third quarter, even as the back-to-school selling season started later than usual because of the coronavirus pandemic.
Stocks shrug off losses, tech and energy led turnaround
Investors discounted rising COVID-19 restrictions, pushing stocks higher.
Macy's reports 20% fall in comparable sales, eyes surging virus cases
Macy's Inc reported a more than 20% drop in quarterly comparable on Thursday and said it expects that to continue into the fall season, signaling a tough holiday season for the coronavirus-battered department store chain.
Stock futures trade lower ahead of jobless claims, retail earnings
Investors will also get to digest reports on manufacturing and housing
Sonos shares jump as stay-at-home purchases help top expectations
The direct-to-consumer business jumped 67%, helping to make up for weaknesses at retail partners
Pandemic ‘nesting’ isn’t enough to revive Victoria’s Secret
Bath & Body Works posted a 55% jump in quarterly sales as the coronavirus fueled demand for soap and hand sanitizer, helping its parent company offset another quarter of declining sales at its Victoria’s Secret lingerie brand.
Nvidia shares dip on predicted decline in data center sales
Nvidia Corp shares declined nearly 3% on Wednesday after company executives said data center chip sales would fall slightly in the fourth quarter.
Investors betting on a return to normalcy
Phil Blancato on stock market
Lowe’s 3Q sales rise, profit shrinks
Lowe’s Cos . said its sales for the recent quarter grew, continuing gains and yielding more online orders during the Covid-19 pandemic, though profit fell because of higher expenses.
Target blows past expectations as digital sales, same-day services boom
Target Corp. reported booming digital sales and same-day services growth helped fuel a 42% year-over-year spike in third-quarter profit.
Retail, housing sector numbers 'still pretty strong': Investment strategist
Jim Paulsen on retail numbers, consumer confidence amid coronavirus