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How Chewy Seized the Pandemic Pet Craze

  • How Chewy Seized the Pandemic Pet Craze How Chewy Seized the Pandemic Pet Craze 6:32
    Behind Costco's Treasure-Hunt Shopping Strategy Behind Costco's Treasure-Hunt Shopping Strategy 6:08
    How Revlon Lost Its Luster How Revlon Lost Its Luster 7:46
    Macy's Star Shone Bright for Over 150 Years. Now It's Flickering Macy's Star Shone Bright for Over 150 Years. Now It's Flickering 7:48
7:35 a.m. Today - By Myra P. Saefong
Gold prices eye biggest daily gain of the monthGold futures climb Thursday, with prices poised to log their biggest daily gain since March as benchmark U.S. bond yields pull back and U.S. tensions with China and Russia climb.
7:24 a.m. Today - By Ciara Linnane
Global tally of COVID-19 cases tops 138 million as CDC committee opts to extend pause on J&J vaccineThe global tally of confirmed cases of the coronavirus-borne illness COVID-19 climbed above 138 million on Thursday and the death toll headed closer to 3 million, a day after an advisory committee voted to extend the 'pause' on Johnson & Johnson's vaccine to further explore cases of blood clots in six people who received the shot.
7:24 a.m. Today - Barrons.com
Stocks Are Boosted by Economic Optimism Finance and commodities plays rose in Asian and European trade on Thursday, lifted by optimism in the early days of first-quarter earnings season.
7:06 a.m. Today - By Jeffry Bartash
Retailers ring up blowout 9.8% sales gain in March due to stimulus checks and revved-up economySales at U.S. retailers leaped almost 10% in March thanks to $1,400 stimulus checks and an accelerating economy that's likely to stay in the fast lane through the spring and summer.
6:52 a.m. Today - Barrons.com
This Covid-19 Vaccine Manufacturer’s Revenue Can Keep Soaring. It’s a Buy. Oxford Biomedica’s revenue soared last year as it secured a deal to become a key manufacturer of AstraZeneca’s Covid-19 vaccine, but the bulk of the benefits will come in 2021.
6:49 a.m. Today - Barrons.com
Bank of America Stock Falls on Earnings Beat. What to Know. Investors focused on the bank's Covid-19-related expenses and weaker-than-expected net interest income and loan growth.
6:45 a.m. Today - Barrons.com
BlackRock's Revenue Snaps Back. What to Know About Its Earnings. CEO Larry Fink noted that it was BlackRock’s fourth consecutive quarter with more than $100 billion of net inflows.
6:31 a.m. Today - By Quentin Fottrell
My wife offered to ‘loan’ me money when I was having financial trouble. Now I make six figures — and she refuses to pay any bills ‘As I started my new job, and my wife received her money, she used part of her $200,000 inheritance to go on a spending spree: a $50,000 truck and a $20,000 camping trailer’‘As I started my new job, and my wife received her money, she used part of her $200,000 inheritance to go on a spending spree: a $50,000 truck and a $20,000 camping trailer.’
6:29 a.m. Today - Barrons.com
With Americans Driving Again, O’Reilly Automotive Is Poised to Win The biggest of the major auto-parts retailers had a bumpy road during the pandemic. But by adding stores and gaining share, the chain looks set to take advantage of a return to normalcy.
6:28 a.m. Today - Barrons.com
Bond Yields Are Falling Despite Blowout Retail Sales Data. Here’s Why. Large institutions have come out "in force" to buy long-term Treasuries this week. And investors may have expected even stronger economic data.
6:25 a.m. Today - Barrons.com
McDonald's Stock Could Gain From 'Sales Euphoria' Cowen & Co. analyst Andrew Charles reiterated an Outperform rating on the restaurant chain, while raising his price target to $255 from $250.
6:23 a.m. Today - By Greg Robb
NY Empire State, Philly Fed factory indexes jump in April Two regional gauges of manufacturing showed strength in April, according to data released Thursday,
6:10 a.m. Today - By Jacob Passy
Home builders are growing more confident about the housing market — despite the rising cost of construction materialsBuilders face challenges in completing homes, at a time when the housing market is desperate for more inventory
5:59 a.m. Today - By Mark DeCambre
Dow knocks on door of 34,000 as retail sales soar 10% in March, jobless claims hit fresh pandemic low U.S. stocks trade in record territory Thursday morning after economic reports continued to affirm a healthy recovery from the pandemic, highlighted by retail sales surging in March on the back of fiscal stimulus checks paid to consumers and jobless benefit claims falling to a fresh low for the pandemic period.
5:52 a.m. Today - By Michael Brush
Here are the big ESG mega trends across the world, and the best stocks that fit the billAndrew Braun of the Pax Large Cap Fund shows how investors can ride the profitable wave of environmental, social and governance investing.
5:50 a.m. Today - Barrons.com
American Eagle Pops on Upbeat Sales Outlook The retailer expects revenue to hit more than $1 billion for its fiscal first quarter, which ends May 1. Analysts are looking for sales of $974.1 million.
5:33 a.m. Today - By Jack Denton
Buy bank stocks after Citi, Goldman Sachs, BoA and JPMorgan earnings wowed, says this research groupCoinbase’s hotly-anticipated initial public offering hogged the spotlight on Wednesday, eclipsing blowout results from banks, which kicked off earnings season with a bang.
5:32 a.m. Today - By Lina Saigol
Deliveroo, Hut Group and Naked Wines have all been pandemic winners. Here comes the hard part.The rapid consumer shift to online shopping due to COVID-19 pandemic-induced lockdowns helped a clutch of U.K.-listed companies report a surge in sales on Thursday.
5:31 a.m. Today - By Andrea Riquier
Stocks jump at the open as Coinbase rises, Americans go shoppingU.S. stocks opened higher Thursday amid a raft of strong economic reports and corporate results. The Dow Jones Industrial Average added 177 points, or 0.5%, according to preliminary estimates, to open near 33,908, while the S&P 500 gained 25 points or 0.6%, to start trading near 4,149. The Nasdaq Composite index was up 122 points or 0.9%, near 13,980. First-time filings for jobless benefits fell sharply in the most recent week, the Labor Department said Thursday morning, and retail sales rocketed nearly 10% in March as Americans spent their stimulus checks. Shares of Coinbase Global Inc. gained on the second day of trading for the cryptocurrency exchange, boosted by both retail and institutional investors alike, and earnings for companies like Citigroup Inc. beat analyst expectations.
5:19 a.m. Today - Barrons.com
Retail Sales Soar as Jobless Claims Drop The March increase in sales was bigger than expected and marked a reversal from a decline in February.
5:13 a.m. Today - Barrons.com
Dell Pops, Nvidia Rises, and Stocks Are Rallying on More Strong Earnings Stocks were edging higher as investors digest incoming earnings results.
4:55 a.m. Today - Barrons.com
PepsiCo's Earnings Beat Forecasts. The Stock Is Inching Higher. The big food-and-beverage company maintained its financial forecasts but told investors not to expect any more share buybacks this year.
4:39 a.m. Today - By Mark Decambre
Gold futures trade higher after jobless claims falls to pandemic low Contracts for gold on Thursday were trading solidly higher after reports on the U.S.s economic recovery from the COVID pandemic. U.S. retail sales minus autos & gas rose 8.2% in March and U.S. initial jobless claims fell to 576,000 in the latest week. June gold traded 0.7% higher at $1,749.10 an ounce on Comex.
4:35 a.m. Today - By Mark Decambre
U.S. stock-index futures hold higher after crush of economic reports including retail sales and jobless claimsU.S. stock-index futures maintained solid gains Thursday morning after a batch of economic reports provided further evidence of a steady recovery for the American economy from COVID unfolding.
4:32 a.m. Today - By Tonya Garcia
American Eagle Outfitters shares jump as Q1 revenue approaches $1 billionAmerican Eagle Outfitters Inc. stock rose nearly 5% in Thursday premarket trading after the retailer's first-quarter business update showed revenue that is "on track" to exceed $1 billion. "Demand has accelerated across the American Eagle and Aerie brands, generating strong margins, higher full-priced selling and reduced promotions," the company said. The FactSet sales consensus is for $974 million. American Eagle is scheduled to report first-quarter earnings on May 1. BMO Capital Markets expects the momentum to continue into the second quarter. "[T]ighter industrywide inventory, coupled with stronger consumer demand, bolstered by stimulus is presenting a trifecta yielding a surge in spending power at a time when demand is already outstripping supply," analysts wrote in a note. BMO rates American Eagle market perform with a $36 price target, up from $26. American Eagle stock has rallied 64.3% for the year to date while the S&P 500 index has gained 9.8% for the period.
U.S. retail sales minus autos & gas rise 8.2% in March
4:31 a.m. Today
U.S. retail sales jump 9.8% in March after stimulus checks
4:31 a.m. Today
4:26 a.m. Today - By Sunny Oh
U.S. Treasury yields slip ahead of retail sales and weekly jobless data U.S. Treasury yields retreat on early Thursday's trade before a raft of key economic data that could give clues to the health of the consumer who has benefited from direct payments to households by Congress and an accelerating vaccine rollout
3:49 a.m. Today - By Tonya Garcia
Kroger launches hi-tech facility as digital competition among grocers heats upGrocers are stepping up their digital capabilities amid soaring online grocery adoption
3:30 a.m. Today - By Tonya Garcia
Rite Aid reports narrower losses, sales beatRite Aid Corp. shares rose 1.3% in Thursday premarket trading after the pharmacy retailer reported a fourth-quarter sales beat. Net losses totaled $18.5 million, or 34 cents per share, after a loss of $324.7 million, or $6.08 per share, last year. Adjusted losses of 78 cents per share were ahead of the FactSet consensus for a loss of 90 cents per share. Revenue of $5.92 billion was up from $5.73 billion last year and also ahead of the FactSet consensus for $5.85 billion. The quarter was impacted by "a historically soft cough, cold and flu season, the deferral of elective procedures and related acute prescription volume and the impact of COVID-19 on selling, general and administrative expenses," Chief Executive Heyward Donigan said in a statement. For March and April to date, Rite Aid has administered two million COVID-19 vaccine shots, and Donigan said prescription trends heading back "to positive levels." For the first quarter, Rite Aid is guiding for net income between $10 million and a net loss of $10 million and retail pharmacy revenue between $6.1 billion and $6.3 billion. The company expects COVID-19 to continue to have an impact. The FactSet consensus is for pharmacy sales of $6.084 billion. Rite Aid stock is up 20.3% for the year to date while the S&P 500 index [s spx] has gained 9.8% for the period.
3:00 a.m. Today - Barrons.com
What Value Investing Strategies Are Missing Intangible assets account for more than half of corporate capital in the U.S.
2:23 a.m. Today - MarketWatch
PepsiCo profit and sales top estimatesPepsiCo Inc. said its profit rose for the recent quarter as sales grew, despite uneven recoveries across its international markets and weather-related disruptions in the U.S. The food-and-beverage company Thursday posted net income attributable to the company of $1.71 billion for the fiscal first quarter, compared with $1.34 billion in the prior year.
12:49 a.m. Today - By Steve Goldstein
Strategist: Don't be surprised to see double-digit retail sales growthMarch retail sales in the U.S. may have climbed by a double-digit percentage, thanks to the $1,400 stimulus checks distributed by the federal government, according to a strategist at a fund manager.
12:47 a.m. Today - By Steve Goldstein
European stocks mint fresh record with bond yields under controlEuropean stocks edged higher in early action on Thursday, with equities resuming their upward march with bond yields under control.
12:30 a.m. Today - Barrons.com
Why Zara’s Owner Should Be on Investors’ Shopping List Inditex, the world’s largest fashion retailer, has an inventory management system that is helping drive down costs and increase profit margins.
10:15 p.m. April 14, 2021 - MarketWatch
Travis Perkins like-for-like sales rise 17%Travis Perkins PLC said Thursday that like-for-like sales rose in the first quarter on the back of pent-up demand and higher levels of housing transactions in March. The U.K. building-materials retailer said first-quarter like-for-like sales rose 17% year-on-year and 12% over the same period in 2019.
9:13 p.m. April 14, 2021 - MarketWatch
New Zealand house prices hit new record highWELLINGTON, New Zealand--House prices in New Zealand rose by nearly 25% in March to a new record high as low interest rates and tight supply fueled the blistering rate of increase. The national median sales price was 826,300 New Zealand dollars ($590,000) in March, up 24.3% from a year earlier, the Real Estate Institute said Thursday.
2:47 p.m. April 14, 2021 - Barrons.com
Dell Stock Jumps on Plan to Spin Out Majority VMware Stake to Shareholders Dell said the deal is expected to close in the 2021 fourth quarter, subject to various conditions, including an IRS letter confirming that the transaction will be tax-free.
2:01 p.m. April 14, 2021 - By Abby Schultz
Sotheby’s to Offer 5 Editions of 1964 Black BowmoreThe bottles of the prized, complexly crafted single-malt whisky are being sold in Hong Kong within a bespoke, artisanal cabinet
1:58 p.m. April 14, 2021 - MarketWatch.com
Oracle plans $1.2 billion campus in Nashville, creating 8,500 jobsOracle Corp. plans to bring 8,500 jobs and a $1.2 billion investment to fast-growing Nashville, a deal Mayor John Cooper's office announced Wednesday as unprecedented in the history of Tennessee economic development projects.
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