Lululemon Athletica LULU , the athletic apparel maker, is expected by analysts Thursday to post third-quarter profit of 37 cents a share on revenue of $305.1 million. 5 Stocks Insiders are Stashing
Smithfield Foods SFD , the meat producer, is seen earning 44 cents a share in its fiscal second quarter on revenue of $3.3 billion.
Shares of Apple AAPL declined 6.4% to $538.79 on Wednesday on reports of a margin hike at one clearing firm and concerns over component supplies falling next year. It was Apple's biggest single-day loss in four years. Apple shares are also nearing a "death cross," when a stock's 50-day moving average cuts below the 200-day moving average.
Deutsche Bank DB used fuzzy math during the financial crisis to avoid more than $12 billion in derivatives losses, according to allegations made by former bank staff in a report by The Financial Times. Deutsche Bank Papered Over $12 Billion Loss, Report Says
-- Written by Joseph Woelfel >To contact the writer of this article, click here: Joseph Woelfel >To submit a news tip, send an email to: firstname.lastname@example.org.
Holiday Special: Subscribe to Action Alerts PLUS to see how Jim Cramer trades his $2.5 Million+ portfolio for 51% off the list price. Your first 14-days are FREE. Sign up today to get e-mail alerts before every trade.