Here's the real reason why Netflix is at $600, says Michael Yoshikami.» Read More
Did you miss the boat on the monster earnings for Netflix? Jim Cramer says two key players saw the writing on the wall.
Some of Tuesday's midday movers:
Despite a weak holiday season, Paul Le Juez, Wells Fargo senior analyst, has upgraded Tiffany to an outperform rating.
Jan 20- New York restaurant owner Jeremy Merrin has seen business droop in recent weeks at his Havana Central eatery in Times Square. International tourists to the United States spend more than $200 billion annually on travel, hotels, dining and shopping, but growth in 2015 is expected to decelerate as would-be visitors balk at the stronger dollar and grapple...
By Adam Jourdan SHANGHAI, Jan 20- From Paris to New York, purveyors of luxury goods are teaching staff Mandarin, offering traditional New Year "hongbao" gifts and flocking to social media sites as well-heeled Chinese tourists pack their bags to ring in the Year of the Goat abroad. Tiffany& Co, Macy's Inc, Prada SpA and Christian Dior SA have made moves to woo Chinese...
This just may be the earnings season that we see the impact of the global slowdown, says Michael Yoshikami.
According to Jefferies, off-price retailers Ross Stores and TJX are getting the best return on investment for their real estate.
Companies making headlines before the bell Friday:
TOKYO, Jan 13- Japan's Nikkei share average fell 2.0 percent on Tuesday after a long weekend as declines in U.S. stocks and weakening oil prices dampened risk appetite, while a strong yen hurt exporters. its one-month low of 16,672.94 hit on Dec. 17. Aeon Co tumbled 5.9 percent to a one-month low after it reported that its operating profit fell 48 percent in the...
"Mad Money" host Jim Cramer says this stock is too risky amid oil’s big decline.
The "Fast Money" traders give their final trades of the day.
Jim Cramer reminds investors of an important pattern intertwining black gold and the market.
*Alcoa shares up after the bell. Oil prices extended their recent free-fall after Goldman Sachs slashed its short-term price forecasts and Gulf producers showed no signs of curbing output. There's a lot of confusion and concern about the impact of oil prices, "said Tim Ghriskey, chief investment officer of Solaris Group in Bedford Hills, New York.
NEW YORK, Jan 12- Most stock markets around the world fell on Monday as oil prices showed no sign of breaking their prolonged downward spiral, prompting further losses in beleaguered energy shares. U.S. crude futures slumped 5.2 percent to $45.87 per barrel, the lowest level since 2009, while Brent crude lost 5.6 percent as Goldman Sachs slashed its short-term...
Stocks dropped Monday after a second weekly loss.
NEW YORK, Jan 12- Stock markets around the world mostly fell on Monday as oil prices showed no sign of breaking their prolonged downward spiral, prompting further losses in beleaguered energy shares. U.S. crude futures slumped 4.1 percent to $46.39 per barrel, the lowest level since 2009, while Brent crude lost 4.9 percent as Goldman Sachs slashed its short-term...
NEW YORK, Jan 12- U.S. stocks fell on Monday, led by a decline in energy shares as oil prices fell further while concern grew ahead of the start of corporate earnings season. Brent was down more than 5 percent to $47.44 and U.S. crude down 4.6 percent at $46.13, as Goldman Sachs slashed its short-term price forecasts and Gulf producers showed no signs of curbing output.
Tiffany cut its guidance after reporting flat global holiday sales, but one pro says that doesn't mean there's trouble in high-end retail.
Tiffany cut its full-year profit outlook, hurt by a stronger U.S. dollar and some weakness in the Americas and Japan.
Jan 12- Upscale jeweler Tiffany& Co cut its full-year profit forecast, citing a disappointing holiday shopping season and further weakness in Japan. Tiffany's shares fell 11.7 percent to $91.34 in early trading on Monday after the company said it now expected an adjusted profit of $4.15- $4.20 per share in the year ending Jan. 31, down from its prior forecast of...