BJ's Wholesale predicts profit surge in 2020
The company expects net income of between $214 million and $237 million in the fiscal year.
Biden win gives Dow second best point gain ever
2020 latest: Bloomberg bails leaving Biden, Bernie and Warren to duke it out.
Dollar Tree grapples with lower sales, Family Dollar costs
Dollar Tree said it recorded a $313 million non-cash goodwill impairment charge in the latest quarter against the value of the Family Dollar unit.
Campbell Soup feasts on higher sales of Goldfish crackers, Pepperidge Farm cookies
Second-quarter net income of $1.21 billion, or $3.97 a share, compared with a loss of $59 million, or 20 cents a share, a year earlier.
Stocks tumble after Fed's emergency rate cut, 10-year Treasury yield breaks 1%
The Dow Jones Industrial Average traded Tuesday in a more than 700-point range, swinging between gains and losses.
Auto Zone sales catch chill from warmer winter
The company was more impacted by the weather than others due to its do-it-yourself exposure, which is about 80 percent of the business, Nomura Instinet analyst Michael Baker said.
Target posts strong online sales, but revenue comes up short
Target reported mixed fourth-quarter results, sending shares lower
Coronavirus hoarding to boost these food companies
The Kellogg Company, Mondalez International, The Campbell Soup Company, Post Holdings, B&G Foods, Hormel Foods, Tyson Foods and General Mills are companies that could see sales boosted by 3 percent to 7 percent.
Dow slides over 3,500 points in worst week since financial crisis
The S&P 500 and Dow Jones Industrial Average clocked a seventh day of losses.
Wayfair hunts profits after copying Amazon's growth model
Wayfair lost $330 million in the quarter ended Dec. 31, more than twice as much as a year earlier.
Spirit AeroSystems profit misses on loss tied to Boeing 787
Spirit's sales were also hurt by Boeing's decision to halt production of its once best-selling 737 MAX, grounded after two deadly crashes.
Foot Locker stomped by weaker holiday demand
The sporting-goods retailer on Friday posted net income of $141 million, or $1.34 a share, compared with $158 million, or $1.39 a share in the comparable quarter last year.
Beyond Meat doubles R&D spending, driving sales through partnerships
A steep increase in R&D costs left Beyond Meat losing money for the year.
Dow's point drop worst on record as stocks fall into correction
U.S. equity markets plunged into correction territory Thursday as President Trump’s announcement of a coronavirus task force did little to assuage investors’ fears of a deepening crisis.
Coronavirus to erase S&P 500 profit growth this year: Goldman Sachs
Goldman Sachs predicts S&P 500 earnings will hold at $165 per share in 2020, down from a previous estimate of $174.
JCPenney tops holiday sales targets
Net income fell to $27 million, or 8 cents per share, from $75 million, or 24 cents per share, a year earlier.
Best Buy wins holiday boost from headphones, smartphones
Best Buy reported its fourth-quarter profit rose 1.4 percent to $745 million, or $2.84 a share.
Budweiser parent lost $170M profit from Coronavirus in first two months of 2020
The company houses Budweiser, Stella Artois and Corona among its brands
L Brands forecasts a loss, takes $725M write-down on Victoria's Secret
Victoria's Secret sales fell 10 percent last quarter
Dow, S&P surrender gains amid coronavirus frenzy as Nasdaq hangs on
Travel-related stocks have been hit hard by three days of heavy selling.