PetSmart Inc
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NEW YORK-- PetSmart Inc. said Wednesday that its net income grew 8 percent in the fiscal first quarter and raised its forecast for the year, sending the pet retailer's shares higher in aftermarket trading. PetSmart stock rose $1.94, or 2.8 percent, to $71 in aftermarket trading.
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Check out which companies are making headlines after the bell Wednesday:
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Stocks closed down 1 percent after the minutes from the last Fed policy setting meeting suggested the central bank could begin tapering bond purchases sooner than the market expects.
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While 94 percent of the companies in the Standard & Poor's 500 Index have already reported quarterly earnings, this week remains a key week for the retail industry with 24 retailers reporting earnings—12 of which are S&P 500 components.
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Check out which companies are making headlines after the bell Monday:
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*Wedbush adds to best ideas list; raises target price to $82 from $80. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
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*Dow hits third straight intraday record high. NEW YORK, March 7- U.S. stocks closed modestly higher on Thursday, with the Dow ending at a record for a third straight day as jobless claims data pointed to a pick-up in the labor market's recovery a day before the closely watched payrolls report.
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Pandora said CEO Joe Kennedy is stepping down. This came after the radio service posted a smaller-than-expected loss.
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*Gap shares surge after Feb sales, Zumiez falls. NEW YORK, March 7- U.S. stocks rose modestly on Thursday, with the Dow hitting its third straight intraday record as jobless claims data pointed to a pick-up in the labor market's recovery a day before the closely watched payrolls report.
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*Dow up 0.3 pct, S&P 500 up 0.1 pct, Nasdaq up 0.1 pct. NEW YORK, March 7- U.S. stocks advanced on Thursday, pushing the Dow to an intraday record for a third session, as jobless claims data pointed to a pick-up in the labor market's recovery and investors looked for opportunities to buy into the recent rally. Shares of Dow component Bank of America rose 2.3 percent to $12.19.
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Stocks ended higher Wednesday, with the Dow extending its gains to post a record high for the second-straight day, amid signs of improvement in the labor market.
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Check out which companies are making headlines after the bell Wednesday:
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PetSmart reported quarterly earnings that beat market expectation but revenue fell short. Shares fell sharply after-hours.
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As the courtroom battle between department stores Macy's and J.C. Penney continues, Martha Stewart will win no matter what, said the former chairman of Martha Stewart Living Omnimedia.
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U.S. stock index futures were higher Wednesday, with the Dow poised to extend its gains a day after hitting an all-time high, following a better-than-expected private sector employment report.
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Following are the events on Jim Cramer's radar as he develops strategy for the week ahead.
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Wall Street closed mixed on Monday, as stocks struggled to extend the January rally for another session. Apple led tech stocks higher with a 2 percent rebound while Caterpillar gave support to blue chips following its earnings report.
