Retail report on Wedn. and lots of retailers reporting this week. Also: The Walt Disney Company (DIS), will participate in a question-and-answer session at the 2nd Annual MoffettNathanson Media & Communications Summit on Wednesday, May 13, 2015 at approximately 11:00 a.m. EDT/ 8:00 a.m. PDT.
Unless there is real disappointing news, we should see a push back to recent highs.
yeaaahhhh and that $225 price target! We could sure use that now! All these upgrades have done nada for the stock price. ggggrrrrrr
Apple Pay is going to be HUGE and yet as usual Apple gets no respect. The Rodney Dangerfield of stock holdings!
Greece made their payment in accordance with the EU deal so that is off the table for now. Earnings have been okay not great but most companies are meeting or beating. Cold weather is over with. What else? Retail sales report tomorrow?
....HomeKit, which is built into Apple’s iOS 8 mobile operating system, provides software so makers of garage door openers, light switches and other home devices can be controlled with an iPhone or iPad.
...NEW YORK (Reuters) - Economists cut their forecasts for U.S. economic growth in the second quarter and full year, and trimmed expectations for U.S. labor market gains.
Economists see the economy growing at an annual rate of 2.5 percent in the current quarter, according to the Philadelphia Federal Reserve's quarterly survey of 44 forecasters, released on Friday. In last quarter's survey, released in February, growth for this quarter was forecast at 3.0 percent.
Third-quarter 2015 growth was forecast at 3.1 percent, up from an estimate of 2.8 percent in February's survey, though full-year growth for 2015 was forecast at 2.4 percent, down from the previous estimate of 3.2 percent.