Kohl's, J.C. Penney and Nordstrom release disappointing earnings news, putting a damper on their sector.Retailread more
Bezos's comments give a rare glimpse into his interest in the auto industry. Amazon recently invested in two self-driving start-ups.Technologyread more
While investing often seems like a contrarian game where going against the flow feels like the better bet, the reality is that investors who bought the most-favored stocks...Hedge Fundsread more
CBS plans to renew discussions for Starz with Lions Gate in the coming weeks, according to people familiar with the matter. If a deal happens, the remainder of Lions Gate...Technologyread more
"We are now embarking on a new Long March, and we must start all over again!" Xi Jinping said.Marketsread more
The economist thinks the Fed ought to pay more attention to financial markets when setting interest rates.The Fedread more
Connecticut state Sen. Alex Bergstein's divorce case with her husband, Morgan Stanley managing director Seth Bergstein, has exposed her new romantic relationship with her...Politicsread more
Donaldson was chief of staff to former White House counsel Don McGahn, who on Tuesday defied the Judiciary panel's subpoena to testify about special counsel Robert Mueller's...Politicsread more
As shopping has shifted online and styles have evolved, Ascena has been grappling with sagging sales and a large debt-load. Looking to stem the losses, Ascena is turning to...Retailread more
The scientific community is now struggling to grapple with the ethics of human germline editing as another woman pregnant with a gene-edited baby is soon due to give birth.Health and Scienceread more
The U.S. State Department's current offer is the final one, according to multiple sources.Politicsread more
Shares of Spirit Airlines gained 3 percent after Credit Suisse upgraded the company to "outperform."
The firm also increased its price target to $55 from $44, implying a 25 percent upside to the stock's Monday closing price of $43.85.
In Credit Suisse's note, the firm said it expects Spirit's earnings to grow by 15 percent in 2017 despite higher fuel costs, "which is unique among [its] coverage."
The firm also cited Spirit CEO Robert Fornaro's investment in operations will pay off.
"Improved operational performance should result in better load factors for [Spirit Airlines] over time and is a natural evolution of the model to improve the brand and take greater share from legacy carriers (the same way Ryanair has in the EU)," the firm said in its note.
Spirit Airlines shares are up 10 percent this year, but down 29 percent in the last 12 months.
Disclosure: Credit Suisse acts as a market maker in Spirit Airlines, which is also an investment banking client of the firm.