Retail
Lampert’s efforts to keep Sears alive might go in vain
Sears Holding Corp. (SHLDQ) has got a lifeline from Chairman Eddie Lampert that might save it from liquidation. According to…
Macy’s stock stumbles on lowered FY18 outlook
Macy's Inc (M) reported holiday sales results for the month of November/December 2018 and cut down its outlook for FY18…
KB Home Q4 profit jumps 15%, beats estimates
Homebuilder KB Home (KBH) reported a 15% jump in earnings for the fourth quarter helped by the reduction in federal…
Bed Bath & Beyond stock jumps on Q3 earnings beat, positive guidance
Shares of home decor retailer Bed Bath & Beyond (BBBY) surged Wednesday after its third-quarter earnings surpassed analysts’ forecast, despite…
Mother sinks as son gains: Today’s bittersweet stock saga
The stock markets often spring up some intriguing storylines. And as markets opened on Wednesday, investors were treated with a…
Acuity Brands’ stock gets a lift after Q1 results beat estimates
Acuity Brands Inc. (AYI) reported better-than-expected sales and earnings for the first quarter of 2019, sending the stock up over…
Constellation Brands slips on weak 2019 earnings outlook
Constellation Brands Inc. (STZ) reported a 38% dip in earnings for the third quarter due to a loss from unconsolidated…
Relief for Sears after chairman’s buyout bid gets court nod
The uncertainty over the fate of embattled retailer Sears Holdings (SHLD) eased slightly Tuesday after a bankruptcy judge allowed hedge…
Amazon faces more competition in grocery
Amazon.com Inc. (AMZN) took Microsoft’s (MSFT) place as the most valuable public company in the US on Monday. Amazon, with…
Kenon sells half of its stake in Qoros Automobile Co
Israeli businessman Idan Ofer owned Kenon Holdings (KEN) announced that half of its remaining stake in Qoros Automobile Co for…