Posted by Geoff Seiler at 4:34PM on May 14th
Stocks continued their downward trend as European worries persist. With Greece still in a political stalemate, expectations have risen that the country could eventually drop the euro currency. We think, while potentially painful in the near term, that ultimately this…
Morning Spy: Markets Rebound, Surprising Strength in Select China Names (NEP, PTR, MOBI, DATE, SMSI, AVL, REE, GOLF, CAB, JVA, SBUX, MSFT, SLV, FSLR, C, XOM)
Posted by Eric Monte at 10:58AM on June 9th
Investors were taking the markets higher on Thursday after registering six consecutive loosing sessions. Weekly jobless claims rose 1,000 to 427,000 for the week ending June 4, 2011. Typically a number above 400,000 indicates weak labor growth.
Today’s Top tickerspy Indexes:
Posted by Geoff Seiler at 5:03PM on April 28th
Stocks rose on the day despite some discouraging economic news, which saw GDP growth decelerate and jobless claims increase. Earnings were fairly good, but there appears to be a market rotation going on, with previously beaten-down healthcare-related names drawing some…
Retailers On The Run After Latest Earnings (FUQI, TIF, ZLC, NILE, WSM, KIRK, BBBY, CAB, DKS, BGFV, GOLF, CMRG, CMRG, ANN, LULU)
Posted by Jason Smith at 2:09PM on March 22nd
A pair of high-end retailers reported earnings this morning, and despite mixed results a broad-based retail rally is underway.
Iconic jewelry retailer Tiffany & Co. (TIF) missed analyst expectations in the fourth quarter of 2009, earning $1.09 per share versus $1.13 consensus.…
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