Staples

Let’s start with what we know: We’re in the midst of a brutal selloff that rivals historic ones like 2008 and 1987. The major indices are down 29% or more in just a month, and the S&P 500 Index (SPX) took out its Christmas Eve 2018 low intraday before clawing back a bit at...

Shares of Staples, Inc. (NASDAQ: SPLS) gained 7 percent early Thursday morning on chatter that the company is targeted for an acquisition. Sycamore Partners, a private equity giant, is reportedly in advanced talks to acquire the office supply retailer, Reuters reported. The deal could value Staples...

Do you know what Tom Szaky thinks of everything you own, eat, wear, poop and drive, from the plastic container that contains your hair product to the pricey phone you tuck into your back pocket to the discount drone you use to wage drunken dogfights with your next-door neighbor? It’s garbage...

Reports from two big-box retailers will be among earnings highlights this week. Wall Street analysts expect very different results each of them. Just one of them exceeded earnings expectations in the previous two periods. The parade of big retailers sharing their latest quarterly results has...

May has a bad reputation in terms of equity market performance, but history indicates stocks aren't dreadful in the fifth month year. There are ways for investors to remain long equities as summer kicks off and, not surprisingly, part of that prescription includes defensive, low beta sectors....

Shares of Staples, Inc. (NASDAQ: SPLS) soared Tuesday following reports the office supply retailer is in talks to sell itself in a deal that would value the company at $7 billion or more. Anthony Chukumba of Loop Capital Markets commented on the reports, noting that the concept of a sale of itself...

Much is made of the impact of higher interest rates on various sectors. For example, conventional wisdom tells investors that financial services stocks often benefit from Federal Reserve tightening cycles while utilities stocks are laggards. Historical data from various tightening cycles, indicate...

The Consumer Staples Select Sect. SPDR (ETF) (NYSE: XLP) and other traditional consumer staples exchange-traded funds have recently been scuffling on concerns that the sector is pricey on valuation and in anticipation of the Federal Reserve's first interest rate hike of 2016. The Fed proceeded...

Reviewing the third-quarter results of Philip Morris International Inc. (NYSE: PM), Goldman Sachs said the company is one of the most compelling innovation stories in staples. 3Q Results Analyst Judy Hong noted that the company reported third-quarter earnings per share of $1.25, ahead of her $1....

Among the sector SPDR exchange-traded funds, on a year-to-date basis, the Energy Select Sector SPDR (ETF) (NYSE: XLE) is easily the best performer with a gain of 21.3 percent. Some other popular sector ETFs are delivering for investors while others are dithering. Looking At Sector ETFs For example...

Barclays initiated coverage of the food and staples retailing industry with a Neutral view and categorized the 19 stocks in their coverage into four groups, namely: "growth stars, stable staples, in transition and attempting to reinvest." In a note released Thursday, the firm said it is...

Barclays initiated the American food and staples retailing sector at Neutral. The brokerage cited negative sentiments on the sector, which dragged down several companies shares in the year-to-date period. Significantly, SPDR S&P Retail (ETF) (NYSE: XRT), which tracks the retailing stocks,...

  Upcoming earnings highlights include the latest results from two big-box retailers. Wall Street analysts are looking for earnings growth from only one of them. The differences are even more stark when it comes to expectations for the top line.   The retail earnings...

Two industry leading tech companies are expected to take their turns on the earnings stage this week. Wall Street analysts are looking for some earnings growth, but smaller revenues from each of them. One of them has had a better record of exceeding consensus earnings estimates in recent quarters...

The big retailers continue taking their turns on the earnings stage this week. Highlights include the most recent quarterly results from two leading home improvement superstore operators. Wall Street analysts are looking for solid earnings growth from each of them. So far, the most recent...