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Very Different Expectations For HD Supply And Navistar Earnings
Monday, June 5, 2017 - 10:02am | 599Reports from two potential infrastructure plays will be among highlights this slow earnings week. Wall Street analysts are looking for solid top and bottom line growth from one of them. The other is expected to offer up another net loss for its most recent quarter. Only a handful of notable...
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J.M. Smucker Expects A 5% Sales Decline In Q2
Wednesday, November 12, 2014 - 10:02am | 189The J.M. Smucker Company (NYSE: SJM) announced on Wednesday preliminary results for its second quarter. J.M. Smucker expects to earn approximately $1.53 per share in the second quarter, which falls short of the $1.66 analysts are expecting. The company adds that it expects sales to be 5 percent...
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Markets Mostly Higher Despite Initial Negative Reaction From FOMC Minutes
Wednesday, August 20, 2014 - 5:31pm | 2792U.S. stocks were mostly higher as the S&P 500 and Dow continue trading near historical all-time highs. The S&P 500 briefly dipped into negative territory immediately following the Federal Reserves's minutes while the Dow trading lower but stayed in positive territory. The NASDAQ...
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Keurig Green Mountain Announces Coffee Price Increase
Thursday, August 14, 2014 - 9:13am | 210Keurig Green Mountain (NASDAQ: GMCR) released a statement Thursday morning that said the company will raise the price of its K-Cup portion packs by up to nine percent beginning in early November. “This price increase is in direct response to several factors affecting the cost environment...
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S&P 500 Falls To Two-Month Low, Dow Drifts Further Away From The 17,000 Mark
Thursday, August 7, 2014 - 4:41pm | 2840U.S. stocks declined, following Europe's lead following the European Central Bank's decision to keep interest rates unchanged. The ECB's President Mario Draghi reaffirmed the bank's intention of considering "unconventional moves," which includes buying asset-backed...
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Market Wrap For June 19: Stocks Little Changed, Gold and Silver Higher
Thursday, June 19, 2014 - 4:45pm | 2517U.S. stocks were little changed the day after investors and traders were reassured by the Federal Reserve that interest rates will not rise in the near-term. The U.S. government reported that fewer Americans filed claims for jobless benefits in the previous week, partly helping the S&P 500...
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Market Wrap For June 9: Markets Higher On St. Louis Fed Comments, Low Volume
Monday, June 9, 2014 - 4:42pm | 2188U.S. markets rose for the fourth straight session as investors positively digested comments coming from the St. Louis Fed. Jim Bullard, the St. Louis Fed chief said that inflation is low but moving back toward the two percent target. As such, Bullard argued that the Federal Reserve Open...
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Market Wrap For June 5: Markets Positive Before Friday's Employment Report
Thursday, June 5, 2014 - 4:35pm | 2244U.S. stocks were positive after the European Central Bank implemented steps to fight disinflation, including negative interest rates. On the home-front, initial jobless claims rose last week but that didn't stand in the way of the S&P 500 and Dow Jones indices trading at historical all-...
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Market Wrap For June 3: Markets Run Out Of Steam
Tuesday, June 3, 2014 - 4:44pm | 2002U.S. stocks were lower with the S&P 500, Dow Jones and Nasdaq indices all ending in the red. In a lackluster trading session with little market moving move, investors are likely sitting on the sidelines until key data will be released later on this week. All eyes will be on Friday's...
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Market Wrap For June 2: Dow, S&P Continue Rising, Nasdaq Slightly Lower
Monday, June 2, 2014 - 4:36pm | 2382U.S. stocks were mostly positive on the first trading session of June in which investors were left confused over ISM's May Manufacturing data which was revised twice. Both the S&P 500 and Dow Jones indices reached new highs. The S&P 500 index reached a new all time high of 1,925.88...
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Market Wrap For May 8: Tesla Helps Extend Nasdaq's Losing Streak To 3 Straight Days
Thursday, May 8, 2014 - 4:32pm | 3174U.S. stocks were mixed as the Dow finished in positive territory and the S&P 500 index turned negative after rising to within two points of its record close. The Nasdaq also turned negative towards the end of the day, declining for the third straight day. Earnings continue to come in mixed...
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Keurig Green Mountain Surges After Earnings Beat And Announcement
Thursday, May 8, 2014 - 2:46pm | 704Keurig Green Mountain (NASDAQ: GMCR), formally known as Green Mountain Coffee, on Wednesday reported very strong second quarter results. Keurig Green Mountain earned $1.08 per share, beating the consensus estimate of $0.95. Revenue grew 10 percent year-over-year to $1.1 billion, coming in $50...
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Market Wrap For April 3: Markets Winning Streak Fails To Extend To Five Days
Thursday, April 3, 2014 - 5:50pm | 2205U.S. stocks were unable to post its fifth consecutive day of gains as the weekly jobless claims figure gained more than expected. Investors and traders were likely sitting on the sideline, waiting for Friday's monthly government jobs. Economists are expecting a gain of 197,000 new jobs in March...
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3 Reasons To Be Bullish About Food Stocks
Wednesday, February 26, 2014 - 3:26pm | 596It has not been a happy gathering of food companies at the consumer industry conference. ConAgra Foods, J.M. Smucker and Mondelez International all recently reported dismal results. But not all food stocks are down. Kraft (NASDAQ: KRFT), which has a huge overseas presence, reported that sales...
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Market Wrap For February 19: Stocks Close Lower, Nasdaq Ends Winning Streak
Wednesday, February 19, 2014 - 6:01pm | 2948U.S. stocks finished the day near session lows as investors found little reason to be bullish. Housing data came in poor and failed to rally the bulls. Several Fed members raised the idea of a rate hike but “participants agreed that, with the unemployment rate approaching 6.5 percent, it would...