Amazon's moves to reduce strain on its grocery businesses by putting new online shoppers on wait lists and switching more Whole Foods resources to filling orders, is unmasking limitations at the company that was expected to upend the supermarket industry.
After years of dwindling foot traffic and sales, J.C. Penney is considering “strategic alternatives” and has decided not to make a scheduled $12 million interest payment on a 2036 bond.
After years of dwindling foot traffic and sales, J.C. Penney is reportedly considering a bankruptcy filing among its options to deal with the coronavirus shutdown.
The market expects Nasdaq (NDAQ) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2020. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that
At Holdings Channel, we have reviewed the latest batch of the 25 most recent 13F filings for the 03/31/2020 reporting period, and noticed that Facebook Inc (Symbol: FB) was held by 14 of these funds. When hedge fund managers appear to be thinking alike, we find it is a good id
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 1000 Growth ETF (Symbol: IWF) where we have detected an approximate $350.2 million dollar inflow -- that's a 0.7% increase week ove
Alnylam Pharmaceuticals, Inc. ALNY announced that the FDA has granted a Fast Track designation to its investigational RNAi therapeutic vutrisiran for the treatment of polyneuropathy of hereditary transthyretin-mediated (hATTR) amyloidosis in adults. The Fast Track status will no
Rite Aid Corporation RAD is among the few retailers that have been working on the frontline, providing communities with medications, essential supplies and coronavirus-related information. Recently, the company provided an update related to the expansion of its COVID-19 testing
UnitedHealth Group Inc.’s UNH first-quarter 2020 earnings of $3.72 per share surpassed the Zacks Consensus Estimate by 1.92% and were also up by a penny year over year.
TELUS Corporation TU yesterday stated that it is accelerating capital investments from its previously-announced C$16-billion investment in Alberta to support the province during the coronavirus pandemonium. The Canada-based communications service provider intends to prepone cert
Nokia Corporation NOK recently announced that it has inked a deal with leading Chinese smartphone manufacturer — OnePlus — to incorporate the former’s proprietary OZO Audio technology in OnePlus 8 Pro. With next-gen media technology innovations, the latest collaboration is
Ford Motor Company F is widening its efforts to develop and produce critically-needed medical equipment and supplies for health care staff, first responders as well as coronavirus patients.
Charles Schwab’s SCHW first-quarter 2020 adjusted earnings of 62 cents per share lagged the Zacks Consensus Estimate of 64 cents. Also, the bottom line decreased 10% from the prior-year quarter.Results for the reported quarter excluded $37 million expenses relating to the thre
Markets have just been betting that stocks will do what they always do - climb over time. And knocking a third off world equity prices in less than a month appears to have been enough of a discount for many investors to take account of the deep but temporary coronavirus shock.
Bank of America’s BAC first-quarter 2020 earnings of 40 cents per share missed the Zacks Consensus Estimate of 42 cents. This was attributed to reserve build of $3.6 billion for coronavirus-related crisis.Following the release, the stock lost more than 6% in pre-market trading
In early trading on Wednesday, shares of UnitedHealth Group topped the list of the day's best performing Dow Jones Industrial Average components, trading up 3.1%. Year to date, UnitedHealth Group has lost about 5.2% of its value.
In early trading on Wednesday, shares of UnitedHealth Group topped the list of the day's best performing Dow Jones Industrial Average components, trading up 3.1%. Year to date, UnitedHealth Group has lost about 5.2% of its value.
A look at the weighted underlying holdings of the First Trust Dorsey Wright Momentum & Low Volatility ETF (DVOL) shows an impressive 10.2% of holdings on a weighted basis have experienced insider buying within the past six months.
VICI Properties Inc (Symbol: VICI), whic