Prospect Capital Corporation 6.25 % Notes 2018-15.06.28 News
Stocks Slip on 2016 Outlook of Middling Economic Growth
As Wall Street prepares to close out 2015 much where it started, investors looked to the year ahead to determine direction on the second-last day of trading.
Energy Lags Wall Street as Crude Oil Spirals Lower
Stocks move slightly lower as another selloff in crude oil prices hits the energy sector.
Midday Report: Pep Boys, Icahn Seal Deal; Crude Oil Slides
Investors grew more pessimistic over the state of the global economy heading into the new year, pushing stocks lower on Wednesday.
Pep Boys inks deal with Icahn as Bridgestone retreats from bidding war
Bridgestone won't counter Carl Icahn's latest offer for auto-repair chain Pep Boys, leaving Wall Street to speculate on the billionaire investor's plans for the Philadelphia company.
Gap Stock Slumps On Wider Q1 Loss, Grim Profit Outlook As Shoppers Shun Casual Apparel
"Supply chain challenges and persistent delays significantly limited the brand's responsive abilities" to changing consumer trends, CEO Sonia Syngal told investors Thursday.
Big Lots Stock Crumbles After Surprise Q1 Loss As Inflation, Gas Price Surge Bites Spending
"We believe the slowdown was caused by the spending pressure our consumers felt from higher gas prices and broader inflation," said CEO Bruce Thorn.
Costco Beats Q3 Sales Forecast, Membership Revenues Near $1 Billion
Costco took in $984 million in new membership fee in its fiscal third quarter, helping the bulk retailer top Street forecasts for topline revenues.