May 18, 2017 9:33 am
Target Corporations (TGT) first-quarter sales and earnings, reported on May 17th, exceeded market expectations, while the retailer said full-year profit could be at the higher end of its latest projection. Target shares closed higher for the first time in the past five trading sessions on Wednesday. The stock went up 0.94% ($0.51) to $55.04, after […]
Read moreMay 18, 2017 7:27 am
Procter & Gamble executive Patrice Louvet has reportedly been named as Chief Executive Officer of Ralph Lauren Corporation (RL). The appointment is to come into effect on July 17th, at which time Louvet will also join the companys board. Ralph Lauren shares closed lower for a second consecutive trading session on Wednesday. The stock went […]
Read moreMay 18, 2017 6:07 am
Silver (SI) for July delivery (1 Troy Ounce) R1 – $16.932 R2 – $16.957 R3 (Range Resistance – Sell) – $16.983 R4 (Long Breakout) – $17.060 R5 (Breakout Target 1) – $17.150 R6 (Breakout Target 2) – $17.189 S1 – $16.880 S2 – $16.855 S3 (Range Support – Buy) – $16.829 S4 (Short Breakout) – […]
Read moreMay 17, 2017 9:21 am
Home Depot Inc (HD) posted better-than-anticipated first-quarter same-store sales and earnings, supported by higher client spending on large-ticket items such as flooring & roofing materials and appliances. The company also said it expected strong sales during the second three-month period, as housing continued to be a well-performing asset class. Home Depot shares closed higher for […]
Read moreMay 17, 2017 7:13 am
Cash registers at a number of Starbucks stores in Canada and the United States reportedly went off-line for a few hours on May 16th due to a software update glitch, which caused stores only to accept cash or to offer coffee free-of-charge. The exact number of stores affected has not been disclosed. Starbucks shares registered […]
Read moreMay 16, 2017 9:33 am
The first production line at Chevrons Gorgon liquefied natural gas export plant in Australia has reportedly been closed. According to a spokesperson for the company, the outage may last a month, due to the replacement of a defective device. Chevron shares closed higher for the first time in the past three trading sessions on Monday. […]
Read moreMay 16, 2017 7:26 am
Shares of Snap Inc (SNAP) soared over 8% yesterday, while marking their second consecutive session of gains, as filings presented the first definitive snapshot of the institutional investors who acquired a stake in the company, when the latter went public at the beginning of March. Snap shares registered their largest daily surge since March 3rd […]
Read moreMay 16, 2017 6:13 am
USD/CHF R1 – 0.9972 R2 – 0.9978 R3 (Range Resistance – Sell) – 0.9983 R4 (Long Breakout) – 1.0001 R5 (Breakout Target 1) – 1.0021 R6 (Breakout Target 2) – 1.0029 S1 – 0.9960 S2 – 0.9954 S3 (Range Support – Buy) – 0.9949 S4 (Short Breakout) – 0.9931 S5 (Breakout Target 1) – 0.9911 […]
Read moreMay 15, 2017 9:34 am
Shares of Apple Inc (AAPL) registered a record-high close on Friday, after Goldman Sachs and BofA Merrill Lynch raised their price targets for the stock. Apple shares closed higher for a second consecutive trading session on Friday. The stock went up 1.40% ($2.15) to $156.10, after touching an intraday high at $156.42 and also a […]
Read moreMay 15, 2017 7:31 am
According to a May 11th filing with the federal court in San Francisco, 3.5 million unauthorized client accounts may have been opened by employees at Wells Fargo, or a number far exceeding the preceding estimate. At the same time, law firms have been seeking approval of a $142 million settlement in relation with the sales […]
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