|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||40.37 - 40.75|
|52 Week Range||37.72 - 48.26|
|PE Ratio (TTM)||-3.45|
|Expense Ratio (net)||0.35%|
Keith Bliss of Cuttone and Company joins Yahoo Finance's Alexis Christoforous from the floor of the New York Stock Exchange to discuss the Federal Reserve release of the minutes of the last FOMC meeting.
Walmart is partnering with August Home, a provider of smart locks and smart home accessories, to test a new service that lets grocery delivery go one step further. Yahoo Finance’s Alexis Christoforous, Andy Serwer, and Pras Subramanian debate the security concerns surrounding Walmart’s new project.
Stitch Fix, a clothing service that uses data, stylists, and clients feedback to handpick items, has filed to go public
Strategas's Chris Verrone has been highlighting a bifurcation in the consumer discretionary space for months now, and in his latest check on the sector today, he writes that that's still the case, with performance "all over the place." Although other cyclical industries have rallied and reached new highs in recent months, the consumer discretionary sector has been left out of the party. While the calendar could be a tailwind in coming months, especially as retail enters its important holiday selling season, the fact remains that the correlations among consumer stocks are declining, with plenty of performance variability--i.e.
ETFdb.com analyzes the search patterns of our visitors each week. By sharing these trends with our readers, we hope to provide insights into what the financial world is concerned about and how to position your portfolio.
Data from Accenture shows that some people are avoiding Black Friday in-store events, not only because of the crowds, but because deals are ubiquitous.
Already floundering for much of this year, the SPDR S&P Retail ETF (NYSEArca: XRT), the largest retail ETF, slumped more than 4% last week. That decline sparked debate among some market observers regarding ...
Taylor has been a vociferous critic of the Fed’s post-crisis stimulus obsession and focus on discretionary policy setting versus his preference for a transparent, ruled-based approach. In the end, the Dow Jones Industrial Average lost 0.1%, the S&P 500 lost 0.2%, the Nasdaq Composite lost 0.2% and the Russell 2000 lost 0.1%.
Lululemon Athletica Inc. (NASDAQ:LULU) shares have been plagued by massive earnings gaps, creating one mess of a chart. But spectators who previously abandoned the queen of stretchy pants in search of cleaner patterns need to return. For the first time in a long time, LULU stock is forming a clean basing formation that is now on the cusp of completion.Source: Shutterstock
Gap Inc. said Tuesday that it is launching a subscription box service for its BabyGap brand of items. Every three months, the company will deliver six items for $70. Parents have 21 days to try each piece, ...
Shares of Costco Wholesale Corporation (NASDAQ:COST), as a result of the latest two-day selling spree, is now once again roughly flat for the year. When Costco reported its latest batch of earnings last Oct. 5, despite an earnings beat, it could not win back the hearts of investors as the concern around continued margin squeeze took center stage. The online retailing world is continuing to weigh on brick-and-mortar retailers such as Costo, and while to most savvy investors that is nothing new, longer-term chart of COST stock increasingly looks to be in jeopardy.
The housing market has been rallying nicely since housing prices bottomed in late 2011. It is important to keep in mind that the housing bubble (from the early 2000's) helped create the 2008-2009 financial crisis and the housing market has been slowly recovering every since.
The National Retail Federation forecasts a 3.6% to 4% rise in holiday retail sales during the November-to-December period for a total of $678.8 billion to $682.0 billion, the group said Tuesday. The estimate ...
Gymboree Corp. said Friday that it emerged from bankruptcy, less than four-months after the childrens apparel retailer file for Chapter 11 protection. The company had said earlier this month that its plan ...
Retail has taken it on the chin this year, with the SPDR S&P Retail ETF (XRT), as consumers flock to Amazon (AMZN) and other ecommerce options instead of physical stores. Yet not all retail is succumbing to these trends, and Class A malls, with exposure to well-heeled consumers and desirable brands, are actually holding up quite well. Boenning & Scattergood's Floris van Dijkum makes the case that investors have thrown the baby out with the bath water by ignoring these Class A malls, and he reiterated Outperform ratings on General Growth Properties (GGP), Macerich Company (MAC), and Simon Property Group (SPG). More detail from his note: Despite the onslaught of tenant bankruptcies and continued department store retrenchment, our research shows that ‘A’ mall companies have consistently delivered over 4% annual SS NOI growth over the past five years, a key driver of long-term value creation. ‘A’ mall cap rates of 4% essentially haven’t budged for 15 years as, paired with +3% average SS NOI growth, produce greater than 7% IRRs for direct investors, delivering a substantial premium over BBB bond yields that is higher than historical averages.
Home furnishing company Ikea Group has purchased TaskRabbit, a company that connects freelance workers with clients in need of services like furniture assembly, moving or handyman work. TaskRabbit operates ...
BMO Capital Markets’ John Morris and his team check in on retail as we close in on the all-important fourth quarter, which begins this weekend, and find that stores are being slightly less promotional. This dovetails with his thesis that the consumer is well positioned to spend this holiday season, thanks to robust sentiment and positive wage trends.
RH (RH) has been a battleground stock with bears and bulls equally convinced of their positions and refusing to back down. Today, Deutsche Bank analysts Adam Sindler and Mike Baker upgraded RH to Buy from Hold, and put an $84 price target on the stock. It's slightly amusing, since the duo only cut the stock to Hold on July 21 only a month after upgrading it to Buy on Jun 23.
Among our many valiant missions here at Benzinga, one the most savored is to enlighten our audience on information they didn't know previously. For example, most of our readers are blissfully unaware that ...
Halloween shopping for costumes, candy, decorations, and more is forecast to reach $9.1 billion this year, up 8.3% from last year's record $8.4 billion, according to survey data from the National Retail ...
Experts in Deloitte's retail and distribution practice said Wednesday that they expect holiday sales, seasonally adjusted and excluding motor vehicles and gasoline, to be $1.04 trillion to $1.05 trillion ...
According to Bloomberg, Walgreens Boots Alliance (WBA) and Rite Aid (RAD) have moved toward closing their long-awaited acquisition deal.
Rite Aid (RAD), which is scheduled to report its 2Q17 results on September 28, 2017. It's projected to report a 2.4% YoY (year-over-year) fall in total sales to $7.84 billion.