Month: August 2018

Shares of Big Lots plunged in premarket trading Friday after the discount retailer reported second-quarter earnings that fell short of Wall Street expectations. The company’s stock dropped more than 10 percent before the opening bell, set to add to its 14.7 percent decline so far this year. The Columbus, Ohio-based company reported quarterly net income
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Shares of Lululemon Athletica jumped more than 7 percent in after-hours trading Thursday after the athletic apparel retailer reported second-quarter earnings and sales that topped analysts’ expectations, boosted by e-commerce sales growth of nearly 50 percent. The company also raised its profit and sales outlook for the full year. This earnings report is the first
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Shares of American Outdoor Brands jumped more than 12 percent after the bell on Thursday after the company reported second quarter earnings that beat Wall Street analysts’ expectations. Here’s how the company did compared with Thomson Reuters consensus estimates: Earnings per share: 21 cents vs. 12 cents expected Revenue: $138.8 million vs. $134.5 million expected
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Dollar General‘s quarterly same-store sales topped analysts’ estimates on Thursday as more customers shopped for apparel and groceries at the discount store chain. Same-store sales rose 3.7 percent in the three months ended Aug. 3, above the 2.83 percent increase estimated by analysts on average, according to Thomson Reuters I/B/E/S. The company’s net income rose
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Campbell Soup reported better-than-expected quarterly profit Thursday while sales fell short of expectations and the company announced plans to shed two of its international units and its fresh foods business. Here’s what the company reported versus what Wall Street expected, based on average estimates of analysts polled by Thomson Reuters. Adjusted earnings per share of
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Shares of Dick’s Sporting Goods plunged by as much as 12 percent in premarket trading Wednesday morning after the retailer said it sold less merchandise during the second quarter than analysts were expecting. Sales at Dick’s Sporting Goods stores open for at least 12 months also tumbled by a bigger-than-expected 4 percent during the quarter
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Hewlett Packard Enterprise stock rose on Tuesday after the company reported better-than-expected earnings for the third quarter of its 2018 fiscal year, which ended on July 31. The company will hold a conference call with analysts to discuss the results at 5 p.m. Eastern time. Here’s how HPE did in the quarter: Earnings: 44 cents
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Central to Americans’ confidence in our government is their confidence in our tax-collection system. Unfortunately, the Internal Revenue Service has not always earned that trust, undermining this system of voluntary compliance and taxpayer engagement. Fortunately, this has been a bipartisan issue in the past, and we believe a bipartisan proposal exists to once again solve
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In today’s financial services industry, the terminology is becoming ever more confusing: advisor, broker, chartered financial analyst, certified financial planner, certified investment management analyst and, more recently, fiduciary. Understanding this last term can make a huge difference in how you choose what kind of advisor you have and how they manage your money. A fiduciary
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Financial planning is a complex topic with numerous moving parts, and many aspects of it are best tackled with a professional by your side. However, there are also many simple but powerful things you can do yourself to improve your financial situation quite dramatically over time. Our biggest enemy when it comes to building wealth
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Nvidia’s shares will rise in the coming year due to strong sales from its new graphics chips, according to a Cowen analyst. The firm reiterated its outperform rating for Nvidia’s stock, predicting the chipmaker will report fiscal second-quarter profits above expectations. Nvidia is slated to deliver the earnings report Thursday. “We see a favorable setup
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