“Mad Money” host Jim Cramer reveals which stocks to buy on weakness in a tough market.» Read More
While the broader holiday sales picture isn't all merry and bright, for some retailers, that macro view really doesn't matter.
Nov 20- Footwear retailer Foot Locker Inc reported better-than-expected quarterly profit and sales, helped by strong demand for basketball and running shoes. Foot Locker is one of the biggest footwear retailers in the U.S and its performance is an indicator of demand for Nike Inc and Under Armour Inc products. Foot Locker's net income fell to $80 million, or 57...
Nov 19- Nike Inc said its board approved a new $12 billion share buyback program and a two-for-one split of its class A and class B shares. Nike already has an $8 billion share repurchase program that is expected to be completed by the end of May. Nike said the stock split will be in the form of a stock dividend payable on Dec. 23 and the stock is expected to begin trading...
As earnings create an uncertain outlook for the U.S. consumer, "Fast Money" traders are sticking with what has worked this year.
The "Fast Money" traders delivered their final trades of the day.
Retailers have been severely shaken this earnings season, but there might be an options play that could make you money.
Whether it's a day at the spa or a new pair of gym pants, here are 12 gift ideas for the health nuts on your list.
Retail stocks have gone to the woodshed, and some traders expect even more pain ahead of earnings this week.
BERLIN, Nov 5- German sportswear company Adidas, trying to muscle into Nike's home territory, plans to increase spending on marketing again after high-profile sponsorship deals and celebrity partnerships helped rekindle U.S. sales. Adidas said it would seek to build on its momentum by lifting promotional spending further in the run-up to Christmas.
Here's the mistake many investors are making and why it's time to invest in blue chips, says Michael Farr.
Pete Najarian scooped up shares of JetBlue and Under Armour for his Halftime Report Portfolio on Tuesday, following a recent drop in both names.
Jim Cramer traced the collapse in the retail cohort on Friday to one stock. It came down to three little words, and investors exited the group.
Oct 23- Skechers USA Inc lost more than a third of its market value on Friday after the footwear maker's quarterly sales missed estimates for the first time in two years, but analysts said the sell-off appeared to be overdone. "While the third quarter was disappointing, we don't believe it's brand specific and view the reaction as unjustified," Susquehanna analyst...
Some of the names on the move ahead of the open.
U.S. stock futures were higher this morning, with the market trying to avoid its first three-session losing streak of October.
Three Dow components and dozens of other companies will report earnings Thursday morning.
Nike has had a great run in one month, rising 15 percent on the back of great earnings. But some traders note some concerning signs.
An Evercore ISI report called Nike "the next mega-cap juggernaut" among the likes of Apple, Google and Amazon.
Despite weak earnings, consumer discretionary presents opportunities, technician Ari Wald said.
So far the earnings season has been lackluster, and some high-profile warnings have already given investors pause.