Kohl’s Corp. (KSS) dropped nearly 5% in after-hours trading on Monday (resulting in losses of about 6% in early Tuesday trading) after lowering guidance fo
r the third quarter and FY14. Macy’s Inc (M) also fell 1.35% in after-hours, as investors are fearing the downturn will spill over to the other major department stores as well.
anyone know ?
Terex Corporation operates as a lifting and material handling solutions company. Its Aerial Work Platforms segment designs, manufactures, services, and markets aerial work platform equipment, telehandlers, light towers, and bridge inspection equipment, as well as related components and replacement parts under the Terex and Genie brands. The companys Construction segment offers compact construction equipment, including loader backhoes, compaction equipment, mini and midi excavators, site dumpers, compact track loaders, skid steer loaders, and wheel loaders; and specialty equipment, such as material handlers, concrete mixer trucks, and concrete pavers. Its Cranes segment designs, manufactures, services, and markets mobile telescopic, tower, lattice boom crawler, lattice boom truck, truck-mounted cranes, and utility equipment, as well as related components and replacement parts. The companys Material Handling & Port Solutions segment offers industrial cranes, such as universal cranes, process cranes, rope and chain hoists, electric motors, light crane systems, and crane components; and port and rail equipment, including mobile harbor cranes, straddle and sprinter carriers, gantry cranes, reach stackers,
lets see if I am right again...
I am proud owner of 5 shares lol so if it misses it does not hurt much..
chipolte mexican grill warned !
catastrophic ! In addition Mcdonalds missed huge on both bottom and top line !
The demographic of the coke and mcdonalds customer is closely aligned with Walmart customer
Although walmart already warned I believe it's results will be far worse than many people expect and the stock has not corrected appropriately for whats coming. The common man is tapped out and the wealthy who have benefited from this stock bubble don't shop at walmart they go to tiffany and nordstromn etc.
60's are coming for walmart imo before end of this year..
without corresponding increase in earnings and revenues. I will never hold 90 imo and will se 70 by end of the year imo.
even a dow stock with a big name will fall when revenues are NEGATIVE and pe is 21 !
I dare you (LL)
this can't be good news for hd can it ?
Buffet has hundreds of Billions in put options that would bankrupt Berkshire if the market fell 50%. He picked IBM to prop along with coke and his buddies the fed did the rest until now. Lets see what happens in the next few months to this overpriced fed induced stock market bubble.
This was pumped to ridiculous levels and now it can must and will fall.
The consumer is MOVING away from cokes major product. You can see it in their numbers and in Mcdonalds big miss.. pe 23 when they have NEGATIVE revenues ?
30's soon very soon !
Huge rally is orchestrated by pros when they want to unwind a certain dow stock or 2 they rally the rest to make everyone happy and to cause certain buying in related mutual funds and etf's so they can escape theier positions in KO and MCD can you feel it ? Yesterday it was IBM today is MCD and KO..
Smartest thing you could do is sell into the rally and escape relatively unscathed from this disastrous quarter with more bad news coming in the future. You won't listen because you think all stocks go up no matter if they have negative same store sales or not due to the fed induced bubble. But you will see things are changing and upside for mcd is absolutely nil at this point but downside is huge..It's 90.47 now I will post again when it drops to the 85 level in a few weeks to prove to you I know what I am talking about..
rally. Pros know if they rally the whole market they will get some poor souls to buy more coke shares they want to dump than they would if the market was falling so in effect this rally is only to allow pros to reposition themselves OUT of KO who had NEGATIVE REVENUES !
Same Store sales fell 3% !
Check them out KO CMG MCD
This is you AXP this is you !
and it's tanking !
Mcdonalds missed huge on both earnings and REVENUES !!!
check these out MCD KO CMG look I dare you !
This is you VISA this is you !!!