Corona beer, owned by Constellation Brands. Getty Images Check out the companies making headlines midday Friday: Constellation Brands, Calavo Growers, Chipotle Mexican Grill — Shares of the Corona and Modelo beer marker fell more than 6% as investors worried tariffs on Mexican goods would increase Constellation Brands’ import costs. Calavo Growers and Chipotle, meanwhile fell
Federal Reserve Chairman Jerome Powell holds a news conference following the two-day Federal Open Market Committee (FOMC) policy meeting in Washington, U.S., March 20, 2019. Jonathan Ernst | Reuters Federal Reserve officials speaking at a policy conference may get a lot more attention than usual in the week ahead after President Donald Trump’s latest tariff
Traders work on the floor at the New York Stock Exchange, May 23, 2019. Brendan McDermid | Reuters Expectations for a Fed bailout for markets and the economy rose sharply after President Donald Trump’s surprise threat to put tariffs on all Mexican goods if Mexico doesn’t do more to stop immigrants from entering the U.S.
Check out the companies making headlines before the bell: Big Lots – The discount retailer reported adjusted quarterly earnings of 92 cents per share, compared to a consensus estimate of 70 cents a share. Revenue was slightly above forecasts, although comparable-store sales were up a less-than-expected 1.5%. Big Lots also raised its full-year profit forecast.
The stock market sell-off may not be over, but it’s finally spooking some investors — and that is a good sign. That’s evident in the sharp jump in the put-call ratio, according to Strategas Research technical analyst Todd Sohn. The put-call ratio Sohn follows measures all put and call options on the CBOE in stocks
Uber CEO Dara Khosrowshahi (center) joins other employees in ringing the Opening Bell at the New York Stock Exchange (NYSE) as the ride-hailing company Uber makes its highly anticipated initial public offering (IPO) on May 10, 2019 in New York City. Spencer Platt | Getty Images News | Getty Images Check out the companies making
Traders work on the floor of the New York Stock Exchange (NYSE) on August 24, 2015 in New York City. As the global economy continues to react from events in China, markets dropped significantly around the world on Monday. Spencer Platt | Getty Images News | Getty Images Inflation data is a wild card for
The CBS Television Studios campus in Los Angeles. Lucy Nicholson | Reuters Check out the companies making headlines midday Thursday: CBS, Viacom — CBS and Viacom rose after CNBC’s David Faber reported the CBS board is preparing to hold deal talks with Viacom. CBS climbed 3.1% on the news while Viacom — which owns channels
Check out the companies making headlines before the bell: Dollar Tree — Dollar Tree matched Wall Street forecasts, with adjusted quarterly profit of $1.14 per share. Revenue was above forecasts, however, and the discount retailer saw same-store sales rise 2.2% compared to a consensus estimate of 2.1%. Dollar General — The discount retailer earned $1.48
Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters Stock market selling accelerated Wednesday as major indices broke through some key technical levels, and a worrisome pattern formed in the S&P 500 chart. The so-called head and shoulders pattern formed when the S&P 500 broke support at 2,800, and
A general view of the atmosphere at the TommyXZendaya collection launch event at the Tommy Hilfiger store on March 3, 2019 in London, England. (Photo by David M. Benett/Dave Benett/Getty Images for Tommy Hilfiger) David M. Benett | Getty Images Entertainment | Getty Images Check out the companies making headlines after the bell: Shares of
Canada Goose brand parkas in a store in New York. Noam Galai | WireImage | Getty Images Check out the companies making headlines midday Wednesday: Canada Goose — Canada Goose shares plummeted more than 26% after the company issued disappointing full-year revenue guidance. The company said it expects revenue to grow at least 20% in the
Check out the companies making headlines before the bell: Dick’s Sporting Goods — The sporting goods retailer beat estimates by 4 cents a share, with adjusted quarterly profit of 62 cents per share. Revenue beat forecasts as well. Comparable-store sales were flat, better than the forecast of a 1.3% decline by analysts polled by Refinitiv.
Rare-earth mine in Bayan Obo, China. This mine is one the largest deposits of rare earth metals found in the world. Speculation that China could use its dominance in rare earth minerals as a weapon in the trade war intensified after a Chinese official warned that products made from the materials should not be used
Traders watch prices in the Ten-Year Treasury Note options pit at the CME Group. Getty Images Falling interest rates may make mortgages and lots of other loans cheaper, but they don’t necessarily mean good things for the stock market. Treasury yields have had a big move lower this month, as trade war fears rose and
Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading on October 27, 2014 in New York City. Stocks were lower in morning trading. Spencer Platt | Getty Images News | Getty Images Check out the companies making headlines after the bell: Shares of Workday seesawed in extended trading on
A row of Fiat Chrysler Automobiles (FCA) 2017 Chrysler Pacifica minivan vehicles are displayed for sale at a car dealership in Moline, Illinois, on July 1, 2017. Daniel Acker | Bloomberg | Getty Images Check out the companies making moves midday Tuesday: Fiat Chrysler – Shares of Fiat Chrysler jumped 7.2% after the automaker announced
Check out the companies making headlines before the bell: Fiat Chrysler — Fiat Chrysler is seeking a merger with French automaker Renault, in a deal that would see each side take a 50% stake in a merged entity. The proposal would create the world’s third largest automaker by production. Uber — Uber announced that Ryan
A truck hauls a shipping container at Yusen Terminals (YTI) on Terminal Island at the Port of Los Angeles in Los Angeles, California Mike Blake | Reuters J.P. Morgan economists said they now see second-quarter growth of just 1%, down from their prior forecast of 2.25% and way off the 3.2% reported in the first
Traders work on the floor at the New York Stock Exchange May 7, 2019. Brendan McDermid | Reuters Trade headlines could be a big factor for markets in the week ahead, but investors will also be attuned to fresh inflation data and moves in the bond market, which is flashing new worries about the economy.