Foot Locker beat analyst estimates by six cents and delivered record sales of $6.5 billion in the fourth quarter. Shares of Nike, whose merchandise is stocked in Foot Locker stores, are higher on the news.
Jim Cramer says he's ready to ride the rails in today's Action Alerts Plus pick; Safeway stock takes a dive after its LBO is announced. Jonathan Marino reports from the Nasdaq Marketsite.
Costco misses on both the top and bottom line and Staples says it will close more than 200 stores in order to cut costs.
While other retailers have struggled recently, Costco has risen above the fray due to its focus on keeping prices low for its members, and the stock has followed suit.
Overstock.com CEO Patrick Byrne expects Amazon to offer bitcoin payments to its customers. He also believes a derivatives market for hedging price risk will emerge.
Foot Locker, Joy Global, Children's Place and Staples also reporting quarterly results tomorrow or Friday.
It's a mistake to buy these shares before any real announcement about when the new hepatitis-C drugs will come to market.
Belus Capital Advisors' Brian Sozzi says promotions to reignite Starbucks' traffic could be why the stock is underperforming.
Bob Evans Farms, homebuilder Hovnanian and Boyd Gaming join the headline retailers reporting quarterly results Tuesday or Wednesday.
Though the market continues to creep higher, traders don't trust this rally as evidenced by multiple indicators such as the VIX, the bond market and the Nations family of VolDex implied volatility indexes, which measure implied volatility.
Golar LNG Limited (GLNG) is popping on Friday after posting better-than-expected profits in its preliminary report of the December-ended quarter.
Shares were down 7.2% to $18.62 on Friday after the Fort Worth-based company lowered guidance for both sales and earnings for its March 1-ending fourth quarter.
Traders are moving in and out of the market more quickly than last year, causing stocks to be stuck in a range.
Deckers Outdoor, Monster Beverage and Ross Stores also report after the close today, while 3D Systems, H&E Equipment and Iron Mountain report before the market opens tomorrow.
Brian Sozzi of Belus Capital Advisors is looking for three important figures from J.C. Penney's earnings report - gross margins, liquidity, and management.
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