Tag Archives: WMT

What Happened in the Stock Market Today

Stock indexes were up in the morning Thursday, but drifted down during the session, despite advancing issues outnumbering decliners. TheDow Jones Industrial Average (DJINDICES:^DJI)lost about a quarter percentage point, and theS&P 500 (SNPINDEX:^GSPC)closed just barely in the red.

Today’s stock market

Index Percentage Change Point Change Dow (0.22%) (54.95) S&P 500 (0.09%) (2.33)

Data....More>>>

Why “Dr. Doom” Is Wrong About Blockchain Technology

Michael A. Robinson

It’s little more than a “glorified Excel spreadsheet.”

At least that’s how New York University Stern School of Business economist Nouriel Roubini described blockchain technology earlier this month during a panel discussion at the Milken Institute Global Conference in Beverly Hills, Calif.

But Roubini, nicknamed “Dr.....More>>>

Top Blue Chip Stocks To Invest In 2018

European Pressphoto Agency

An upbeat reading on U.S. retail sales isnt enough to keep U.S. stock indices from tanking today. The Dow dropped more than 200points in late afternoon market action.

The Dow Jones Industrial Average dropped 1.19% and the S&P 500 fell 1% while the Nasdaq Composite fell 0.6%.

Energy and financial shares in the S&P 500 led the declines with the....More>>>

Walmart, Cisco Weigh on the Dow Thursday

May 17, 2018: Markets opened lower Thursday, bounced into the green later in the morning, turned south in the afternoon, and have moved back toward the break-even line as the closing bell gets closer. None of the movements were very large, but what there was may have been a response to another move higher in bond yields. Energy was the day’s top performer while utilities lagged.

WTI....More>>>

Bumble Bee Foods CEO Facing Criminal Charges in Price-Fixing Scandal

The Bumble Bee Food CEO is facing criminal charges in a tuna price-fixing scandal that could land him up to a decade in jail and a costly fine.

Source: FDA

A federal grand jury has indicted Christopher Lischewski, who is the CEO of the company. The Department of Justice has accused Lischewski of meeting and communicating with rival seafood companies to keep tuna prices....More>>>

1 Explanation for MercadoLibre's First-Quarter Miss

In this segment fromMotley Fool Money, host Chris Hill chats with senior analysts Jason Moser, Matt Argersinger, and Ron Gross about Latin American e-commerce leader MercadoLibre (NASDAQ:MELI), which failed to hit its guidance targets for its fiscal first quarter. However, a large share of that miss can be attributed to a required change in the way it handles its accounting.

The Fools dig....More>>>

Top 10 Bank Stocks To Invest In Right Now

JPMorgan Chase reported strong first-quarter results, topping Wall Street’s forecasts forearnings and revenue handily, and the bank’s CEO Jame Dimon gave an upbeat assessment of U.S. consumers and businesses.

The nation’s largest bank by assets reported a 17% rise in net income of$6.4 billion and earnings per share of $1.65, beating analysts forecast of $1.52 by 13 cents,....More>>>

Earnings Scheduled For May 17, 2018

Walmart Inc. (NYSE: WMT) is estimated to report quarterly earnings at $1.13 per share on revenue of $120.51 billion.
J. C. Penney Company, Inc. (NYSE: JCP) is expected to report quarterly loss at $0.2 per share on revenue of $2.63 billion.
Dillard's, Inc. (NYSE: DDS) is projected to report quarterly earnings at $2.77 per share on revenue of $1.46 billion.
The Children's....More>>>

Mid-Morning Market Update: Markets Edge Higher; Walmart Tops Q1 Views

Following the market opening Thursday, the Dow traded up 0.01 percent to 24,771.99 while the NASDAQ climbed 0.04 percent to 7,401.02. The S&P also rose, gaining 0.08 percent to 2,724.60.

Leading and Lagging Sectors

Thursday morning, the energy shares rose 0.76 percent. Meanwhile, top gainers in the sector included Seadrill Limited (NYSE: SDRL), up 59 percent, and EP Energy....More>>>

Walmart, Cisco Weigh on the Dow Thursday

May 17, 2018: Markets opened lower Thursday, bounced into the green later in the morning, turned south in the afternoon, and have moved back toward the break-even line as the closing bell gets closer. None of the movements were very large, but what there was may have been a response to another move higher in bond yields. Energy was the day’s top performer while utilities lagged.

WTI....More>>>