Amazon launches small business shop
NEW YORK — Amazon wants you to shop small.
The online retailer launched a new section of its site Monday called Amazon Storefronts, which only lists products sold by small- and medium-sized businesses in the U.S.
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Kroger results show that Walmart and Target are taking bigger pieces of the grocery market
Kroger shares are closed Friday down 2.7% after a nearly 10% drop on Thursday
Kroger Co.’s most recent results indicate that Walmart Inc. and Target Corp. are both taking items out of Kroger’s grocery basket, gaining share as Kroger invests to keep pace.
Homeowners are sitting on a record $6 trillion in equity. Why aren’t they using it?
Rising interest rates are making lines of credit more expensive… and Americans may still be leery of cash-out refis
American homeowners have amassed a record $6 trillion in equity in their properties, a figure boosted by surging home prices and a trend of owners staying put longer. But rising interest rates and caution resulting from the housing troubles of a decade ago are limiting how much of that equity is getting tapped.
Battered bitcoin bulls are latching on to this seasonality chart
Are the seasons and fortunes about to change for bitcoin?
Bitcoin is in the mud and HODLers, the accidental acronym for those who are holding and refusing to sell under any circumstance, will hang onto anything if it means their prized virtual possession could be on its way out of a brutal bear market.
Midterm elections could mark peak for stocks, says SocGen analysts
‘The game-changer by the end of the year will likely be the U.S. mid-term elections,’ said SocGen analysts
The midterm elections could represent the peak for a U.S. stock market that has so far been resilient to political risks and trade fears.
Equities Analysts Issue Forecasts for Kohl’s Co.’s Q1 2020 Earnings (NYSE:KSS)
Kohl’s Co. (NYSE:KSS) – Jefferies Financial Group decreased their Q1 2020 earnings estimates for shares of Kohl’s in a report issued on Tuesday, August 21st, according to Zacks Investment Research. Jefferies Financial Group analyst R. Konik now expects that the company will post earnings per share of $0.83 for the quarter, down from their previous estimate of $0.88. Jefferies Financial Group also issued estimates for Kohl’s’ Q3 2020 earnings at $1.32 EPS and Q4 2020 earnings at $2.86 EPS.
Imperial Capital Equities Analysts Reduce Earnings Estimates for Netflix, Inc. (NFLX)
Netflix, Inc. (NASDAQ:NFLX) – Imperial Capital reduced their FY2018 earnings per share estimates for Netflix in a research note issued on Thursday, August 23rd, Zacks Investment Research reports. Imperial Capital analyst D. Miller now expects that the Internet television network will post earnings of $2.68 per share for the year, down from their prior forecast of $2.71. Imperial Capital currently has a “Outperform” rating and a $494.00 price target on the stock. Imperial Capital also issued estimates for Netflix’s Q4 2018 earnings at $0.48 EPS, Q4 2019 earnings at $1.13 EPS and FY2019 earnings at $4.60 EPS.
Deutsche Bank’s equities head takes ‘Moneyball’ route to build dream team
Moneyball is a reference to Michael Lewis’s book chronicling how the Oakland Athletics used quantitative analysis to find underrated players
Deutsche Bank’s global head of equities is seeking inspiration from a legendary baseball team as he looks to overturn a three-year rout of the business with a shrinking budget.
US equities dominate while European markets slow
The divergence between the two regions reflects the difference in macro data strength between the two
Risk assets were mixed over the month of August with global and US equities rising while emerging markets, Japanese and European equities and global high yield were all down.
Hundreds of Thousands in Ethiopia Welcome Once-Banned Group
Hundreds of thousands in Ethiopia welcome once-banned armed group home to engage in politics.
ADDIS ABABA, Ethiopia — Hundreds of thousands of Ethiopians gathered on Saturday to welcome returning leaders of the once-banned Oromo Liberation Front amid sweeping reforms to bring opposition groups back into politics.
Wall Street Gains Ground as It Notches a Winning Week and Another Dow Record
Average Rate on a 30-Year Mortgage in the US Rises to Highest Level Since July
Bitcoin is jumping again, setting another new high above $99,000
The number of Americans applying for unemployment benefits fell again last week, remaining near seven-month lows
Meritage Homes Co. (NYSE:MTH) Shares Purchased by Intech Investment Management LLC
UDR, Inc. (NYSE:UDR) Stock Position Increased by Daiwa Securities Group Inc.
Swiss National Bank Buys 249,100 Shares of GameStop Corp. (NYSE:GME)
Costco Wholesale (NASDAQ:COST) Stock Price Up 2% – Here’s What Happened
Australia Rejects Elon Musk’s Claim That It Plans to Control Access to the Internet
Swiss Voters Reject More Powers for Landlords on Subletting