Grocery stores have been struggling in an environment of deflationary food prices and Costco Wholesale Corp ($COST) is no exception. However, lower transaction fees from credit cards led to a [...]
On Sept. 8, the Consumer Financial Protection Bureau and other state and federal agencies imposed $185 million in fines on Wells Fargo ($WFC) related to employees opening unauthorized accounts in [...]
The Fed announced today that there is no “fixed timetable” for removing the current accommodative stance. Today’s testimony by Yellen comes a week after the Federal [...]
The latest suitor to join the Twitter ($TWTR) acquisition talks is said to be the Walt Disney Company . A Bloomberg report quotes unnamed sources who say that the Burbank company is “working [...]
Carnival released Q3 Earnings today and reported a profit of $1.42 billion, or $1.93 a share, up from $1.22 billion, or $1.56 a share, a year earlier. Excluding fuel-hedging effects and other [...]
Finish Line Inc. shares ($FINL), -3.88% rose 1.9% in premarket trade Friday, after the sporting goods retailer posted stronger-than-expected sales for its fiscal second quarter. Finish Line said [...]
The Nasdaq closed at record highs yesterday after the Federal Reserve kept interest rates unchanged. The plan is to keep interest rates low for now, but the central bank indicated that it could [...]
Microsoft ($MSFT) announced yesterday that the company is planning to buy back up to $40B in stock and that it’s going to increase its dividend by 8%. The company expects to complete the [...]
Lennar Corporation ($LEN) is set to report its Q3 earnings on Sep 20, before the market opens. Last quarter, it posted an earnings beat of 9.20%. In fact, the company has recorded positive [...]
1. Fedex ($FDX) – Tuesday, Sep. 20 at 4:15pm ET – 2.78 EPS Estimate UBS analyst Thomas Wadewitz and team contend FedEx has a “favorable set-up” heading into earnings report on Sept. [...]
