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Tag: Stock markets

Walmart makes run to all-time highs amid coronavirus market plunge

A person wears a face mask as a precaution against coronavirus in New York, on March 2, 2020. Tayfun Coskun | Anadolu Agency | Getty Images Walmart shares are emerging as a winner during the chaotic coronavirus crisis.  The big-box retailer, a classic defensive consumer staple stock, is benefiting from the millions of Americans stocking …

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From JD Sports to Games Workshop: best market performers of decade | Business

In the first part of the 2010s, when the billionaire Mike Ashley and his retail creation Sports Direct appeared to be knocking out every opponent that dared to pick a fight, the tycoon gave a memorably bullish performance in front of City analysts. At a presentation in July 2011, as the rival JJB Sports was …

From JD Sports to Games Workshop: best market performers of decade | BusinessRead More

Flotations, corporate collapses and Brexit: the year in business | Business

For business and finance, 2019 was a year of big-name corporate collapses, investigations into alleged scandals and the inevitable arguments about Brexit. Bankers and tycoons tried to get on with things by attempting huge flotations, large mergers and sizeable refinancings – with mixed results. Here is a review of the year in business. Floats Saudi …

Flotations, corporate collapses and Brexit: the year in business | BusinessRead More

How has Brexit vote affected UK economy? December verdict | Business

Sterling surges on Johnson’s election landslide The pound has risen sharply over the past month as currency traders in the City of London bet that an election victory for Boris Johnson’s Conservatives would lift some of the intense political uncertainty facing Britain. Sterling jumped by more than two cents against the US dollar and the …

How has Brexit vote affected UK economy? December verdict | BusinessRead More

Peloton shares slip, extending two-day losses

A monitor displays Peloton Interactive Inc. signage during the company’s initial public offering (IPO) across from the Nasdaq MarketSite in New York, U.S., on Thursday, Sept. 26, 2019. Michael Nagle | Bloomberg | Getty Images Shares of Peloton extended their two-day losses, trading down as much as 8.9% on Wednesday, following a critical short-seller note …

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Key level to watch as stock mounts comeback

Home Depot shares could be building toward a breakout. That’s TradingAnalysis.com founder Todd Gordon’s latest call on the home improvement retailer’s stock, which has lost steam in the month after its most recent earnings report as shareholders worried about margin pressures, tied in part to the company’s $11 billion “One Home Depot” project meant to …

Key level to watch as stock mounts comebackRead More

Chewy stock surges as online pet retailer brushes off lockup expiration

A dog sits in front of the New York Stock Exchange (NYSE) during Chewy Inc.’s initial public offering (IPO) in New York, U.S., on Friday, June 14, 2019. Michael Nagle | Bloomberg | Getty Images Shares of Chewy, the online pet retailer, gained more than 5% on Wednesday, as the company brushed off lockup expiration …

Chewy stock surges as online pet retailer brushes off lockup expirationRead More

Buy the pullback in Home Depot, says Credit Suisse as it upgrades the stock

An employee wears an orange Home Depot Inc. apron at a store in New York. Mark Kauzlarich | Bloomberg | Getty Images Buy the pullback and reset in growth expectations for Home Depot, said Credit Suisse. The firm upgraded shares of the home improvement retailer to outperform from neutral and raised its price target to …

Buy the pullback in Home Depot, says Credit Suisse as it upgrades the stockRead More