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Schaeffer’s Midday Market Check Daily Newsletter
Stocks are swinging higher today, as bond yields retreat and Wall Street bets that the worst of the regional banking crisis is in the rearview mirror. The Dow Jones Industrial Average (DJI) and Nasda ... Stocks are swinging higher today, as bond yields retreat and Wall Street bets that the worst of the regional banking crisis is in the rearview mirror. The Dow Jones Industrial Average (DJI) and Nasdaq Composite Index (IXIC) boast triple-digit leads, while the S&P 500 Index (SPX) also sits in po ... Keep Reading
Stock price chart, stock analysis, stock picks, stock chart
UBS hit Medtronic PLC (NYSE:MDT) with a downgrade to "sell" from "buy," with a steep price-target cut to $79 from $127. The firm stated that "despite the company's ongoing transformation, the firm lac ... UBS hit Medtronic PLC (NYSE:MDT) with a downgrade to "sell" from "buy," with a steep price-target cut to $79 from $127. The firm stated that "despite the company's ongoing transformation, the firm lacks conviction that it can return to sustainable, mid-single digit top-line growth" and added that is ... Keep Reading
Lululemon stock, LULU stock, LULU stock news
Lululemon Athletica Inc (NASDAQ:LULU) is up 15.8% to trade at $370.86, after the apparel retailer reported better-than-expected fourth-quarter earnings of $4.40 per share and a revenue beat of $2.77 b ... Lululemon Athletica Inc (NASDAQ:LULU) is up 15.8% to trade at $370.86, after the apparel retailer reported better-than-expected fourth-quarter earnings of $4.40 per share and a revenue beat of $2.77 billion. The company's annual sales and profit forecast also bested Wall Street's estimates, with str ... Keep Reading
Foot Locker stock, FL stock, FL stock news
Foot Locker Inc (NYSE:FL) stock is 1.2% lower ahead to trade at $39.46 this morning, after UBS downgraded the retailer to "sell," noting that the company will struggle in the event of a recession. The ... Foot Locker Inc (NYSE:FL) stock is 1.2% lower ahead to trade at $39.46 this morning, after UBS downgraded the retailer to "sell," noting that the company will struggle in the event of a recession. The bear note comes despite last week's stellar fourth-quarter earnings report that saw FL trade as hig ... Keep Reading

 

 

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