Retailers report modest gains for April Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
HTC Expects Brighter Second Quarter Taiwan's HTC expects its second-quarter revenue and operating margin to rise from the first quarter, as sales of the new HTC One smartphone pick up. More
Mobile Efforts Help Propel Facebook’s Earnings Facebook was once a darling of investors, then a turnoff. Now, a year after going public, the social network seems to have settled into a more stable relationship with Wall Street. But the company has still been taking pains to prove that it can make more money from its base of more than a billion users, especially from those using Facebook on mobile devices. More
Sears Didn't Move Fast Enough, CEO Says Sears continues to struggle to get a "decent" return on its assets and the retailer didn't move fast enough to cut expenses after the financial crisis, the CEO said at the annual meeting. More
J.C. Penney ad apologizes to customers The ad comes after the Plano, Texas-based company last month fired its CEO, Ron Johnson, after 17 months on the job and rehired his predecessor Mike Ullman. Johnson's ambitious changes included getting rid of most sales and bringing in new, hip brands. More
Earnings Season Is Almost Done—But Get Ready for a Big Finale Most of the S&P 500 has already reported third-quarter results. But numbers due this week from Nvidia, Walmart and others could offer key clues into what's next for stocks and the economy. 11/18/2024 - 3:06 am | View Link
Walmart Q3 earnings on deck: What to expect Walmart (NYSE:WMT) is set to post third quarter results on Tuesday, with investors expecting to get a glimpse into consumer spending trends during the holidays. Wall Street expects the Arkansas-based ... 11/18/2024 - 2:55 am | View Link
Stocks Look To Break Losing Streak; Nvidia Earnings This Week One of the reasons for last week's pullback could be something I've been discussing, which is interest rates, and the long end of the curve, specifically. 11/17/2024 - 11:30 pm | View Link
Earnings in Focus: How Lowe’s, Target, and Nvidia Navigated Q3 Challenges This week, traders and investors might focus on three major companies—Lowe’s, Target, and Nvidia—as they navigated a landscape shaped by inflation, shifting consumer preferences, and surging demand ... 11/17/2024 - 10:45 pm | View Link
Earnings Season Faces Major Test: Retailers’ Holiday Outlooks Last week’s selloff, which comes on the heels of what has been a generally successful earnings season for Corporate America, has investors bracing for one final test: a reading on the state of the ... 11/17/2024 - 9:00 pm | View Link
Earnings from Walmart and Target Will Be Key Measures of ... Walmart and Target will report earnings next week, providing fresh insight into how Americans are faring shortly after retail data indicated that consumers are spending more on "fun" categories. 11/15/2024 - 2:46 pm | View Website
Advance Auto Parts Reports Third Quarter 2024 Results and Completes ... Basic earnings per common share from discontinued operations 0.32 0.20 0.95 1.00 Basic (loss) earnings per common share $ (0.10 ) $ (1.05 ) $ 1.33 $ 1.09 Basic weighted-average common shares outstanding 59,684 59,474 59,618 59,411 Diluted (loss) earnings per common share from continuing operations $ (0.42 11/15/2024 - 10:21 am | View Website
What Can Investors Expect From Retail Earnings? Q3 earnings for the retailers that have reported so far are up +14.9% from the same period last year on +6.3% higher revenues. Can the positivity continue next week? 11/15/2024 - 9:52 am | View Website
What will the Coming Retail Earnings Reports Show? We discuss what the coming Retail earnings reports will tell us about consumer spending ... Total earnings for these companies are up +6.8% from the same period last year on +5.3% higher revenues ... 11/14/2024 - 9:56 pm | View Website
U.S. Retail Earnings Update To date, 145 of the 199 companies in our Retail/Restaurant Index have reported their EPS results for Q2 2024, representing 73% of the index. The blended revenue growth estimate for the 199... 11/13/2024 - 10:48 pm | View Website
The argument on the Red Line was in progress when Sheila Evans stepped into the train car.
It was evening rush hour on Wednesday. The way Evans describes it, three people were involved in an altercation at one end of the train car. Evans tried to report the situation via the CTA website, and another passenger pushed the operator call button.
One of the individuals involved in the argument came over wielding what looked to Evans like a knife, or possibly a fake knife.
The South Side took another step toward becoming a national computer hub Thursday when the Chicago Plan Commission approved the creation of a quantum computer research park on the long-vacant U. S. Steel South Works site.
The vote came after hours of impassioned testimony from dozens of community residents. Many said the project represents an opportunity to bring billions of investment dollars and new businesses to a region that has suffered decades of isolation and disinvestment.