Investor Alert



2:32 p.m. May 9, 2021 - MarketWatch.com
7 dead including gunman in Colorado birthday party shootingThe suspected shooter was the boyfriend of a female victim at the party attended by friends, family and children. He walked inside and began shooting before killing himself, police said.
2:45 a.m. Feb. 25, 2021 - By Tomi Kilgore
SeaWorld reports narrower-than-expected loss, as attendance and guest spending rise above forecastsSeaWorld Entertainment Inc. reported Thursday a fifth straight quarterly loss, but beat bottom-line expectations for the first time in six quarters, as revenue, attendance and guest spending all beat forecasts. Thje stock was still inactive in premarket trading. The fourth-quarter net loss widened to $45.5 million, or 58 cents a share, from $24.2 million, or 31 cents a share, in the year-ago period. The FactSet consensus was for a per-share loss of 71 cents. Revenue fell 48.3% to $154.1 million, but was well above the FactSet consensus of $122.1 million. Attendance dropped 52.8% to 2.2 million but beat the FactSet consensus of 2.0 million, while admission per capita rose 9.4% to $41.44 to beat expectations of $40.80 and total revenue per capita increased 9.4% to $69.40 to top forecasts of $68.30. The company currently has eight of its 12 parks open, at limited capacity, and is planning to have all 12 of its parks open for the 2021 season. "Guests showed a continuing desire and interest to visit our parks, especially during our Halloween and Christmas events," said Chief Executive Marc Swanson. " As we enter 2021, we are pleased that guests are returning, including for our popular food and music festivals." The stock has rallied 42.4% over the past three months, while the S&P 500 has gained 8.2%.
2:30 a.m. Feb. 4, 2021 - Barrons.com
Short Squeeze Sent Secretive Tootsie Roll on a Wild Ride Tootsie Roll stock was at nearly $59 at the height of the frenzy in late January. It's now trading at about $32.
3:07 p.m. Feb. 3, 2021 - MarketWatch.com
Country singer Morgan Wallen suspended from label after racial slurCountry star Morgan Wallen has been suspended indefinitely from his label and seen his music pulled by radio stations and streaming services Wednesday after video surfaced of him shouting a racial slur.
11:13 a.m. Jan. 18, 2021 - Barrons.com
Fear Comes to the Stock Market. What Comes Next. The S&P 500’s first weekly drop of more than 1% since Halloween is a sign that investors, unflappable until now, were taken aback by what they saw.
5:08 p.m. Dec. 18, 2020 - Barrons.com
Bitcoin’s Move Foreshadows Stocks’ Move—and the Time Lag Has Shortened, Says One Technician There’s no “blowoff spike” in open interest in Bitcoin futures, which bodes well for the cryptocurrency’s price, and for stocks.
6:12 p.m. Dec. 17, 2020 - MarketWatch.com
California logs 1,000 coronavirus deaths in 5 days, 106,000 new cases in past 2 daysThe coronavirus toll in California reached another frightening milestone Thursday with health officials announcing a one-day record of 379 deaths and a two-day total of nearly 106,000 newly confirmed cases.
12:59 a.m. Dec. 11, 2020 - MarketWatch.com
How the pandemic steered some older people into a life of purposeA recent survey of people over 60 found that a third of the respondents said they are living a more purposeful life now, in a multitude of ways.
5:38 a.m. Dec. 10, 2020 - By Levi Sumagaysay
Airbnb IPO: 5 things to know about the home-rental company as it seeks to raise $3 billion-plus from Wall StreetAirbnb Inc. had to put its plans for an initial public offering on hold in the spring because of COVID-19, but after a bounceback from customers tired of sheltering in the same place for months, it is aiming to potentially raise as much as $3 billion in an IPO by the end of the year.
5:59 a.m. Dec. 1, 2020 - Barrons.com
Dollar General Reports Earnings This Week and It Could Be Good News Telsey Advisory Group is expecting another good quarter from the discounter.
3:09 a.m. Nov. 27, 2020 - By Tonya Garcia
Black Friday 2020 will be a smaller event as retailers spread promotions across the holiday season The National Retail Federation forecasts holiday season retail sales growth of as much as 5.2%
10:58 a.m. Nov. 23, 2020 - By Ciara Linnane
U.S. coronavirus case tally tops 12 million amid growing fears that Thanksgiving travel will spark another surge of infections ‘Four days before a holiday with potentially the most indoor and in-person gatherings of the year in the U.S., the virus is here and more prevalent than ever,’ says one analystThe global case tally for the coronavirus illness COVID-19 rose to 58.8 million on Monday and the U.S. tally rose above 12 million, with new daily infections heading toward 200,0000 a day amid growing fears that Thanksgiving travel will spark another surge.
7:44 a.m. Nov. 23, 2020 - By Tonya Garcia
National Retail Federation expects holiday sales to grow as much as 5.2%, exceeding growth in recent yearsThe National Retail Federation released its forecast for holiday season retail sales, expecting growth of 3.6% to 5.2% in 2020, reaching between $755.3 billion and $766.7 billion. The forecast, which is being announced about a month later than usual due to uncertainty from coronavirus pandemic, excludes gas stations, auto dealers and restaurants. It's also higher than recent averages, with 2019 sales increasing 4% to $729.1 billion. Average holiday sales rose 3.5% over the past five years. "Consumers have responded positively to other holidays" like Halloween and Mother's Day, said NRF Chief Executive Matthew Shay on a call with media. "We've seen consumers very engaged to celebrate and move into real consumption mode around the holidays." The NRF does leave room for a loss of momentum due to the in coronavirus cases and the possibility for further restrictions. However, with many consumers longing to celebrate and increased savings from a decline in spending on other things like travel, the retail trade association expressed confidence that shoppers will come out. "Consumers have experienced a difficult year but will likely spend more than anyone would have expected just a few months ago," said Jack Kleinhenz, NRF's chief economist in a statement. "After all they've been through, we think there's going to be a psychological factor that they owe it to themselves and their families to have a better-than-normal holiday." E-commerce sales are expected to grow 20% to 30% to reach as much as $218 billion, up from $170 billion last year. The SPDR S&P Retail ETF has gained 28.5% for the year to date. The Amplify Online Retail ETF has soared 96.5%. And the benchmark S&P 500 index [s:spx] is up 10.2% for the period.
11:33 a.m. Nov. 19, 2020 - By Tonya Garcia
Home Depot says customers bought ceiling fans, power tools and a 12-foot skeleton during the third quarterDespite beating earnings expectations, Home Depot stock has slipped for the week.
7:52 p.m. Nov. 10, 2020 - MarketWatch.com
The U.S. has already had more than 1 million new coronavirus cases in NovemberThe U.S. has surpassed 1 million new confirmed coronavirus cases in just the first 10 days of November, with more than 100,000 infections each day becoming the norm in a surge that shows no signs of slowing.
4:17 a.m. Nov. 10, 2020 - By Tonya Garcia
Party City shares soar after third-quarter results but analyst fears coronavirus will leave 'permanent financial scar'Shares of Party City Holdco Inc. soared in Monday trading after the retailer swung to a third-quarter profit, but GlobalData Retail warns that 2020 could leave lasting damage on the company's financials
11:33 a.m. Nov. 9, 2020 - By Ciara Linnane
Coronavirus update: U.S. case tally tops 10 million and Biden warns vaccination is still months away despite positive Pfizer news There is now ‘light at the end of the tunnel’ with a return to ‘normalcy’ appearing likely in 2021, according to Raymond James analystThe U.S. tally of confirmed cases of the coronavirus illness COVID-19 rose above 10 million on Monday, and financial markets enjoyed a historic rally following positive news on a leading COVID-19 vaccine candidate.
2:15 a.m. Nov. 9, 2020 - By Tomi Kilgore
Party City's stock rockets after surprise profit, big revenue beat and upbeat outlookShares of Party City Holdco Inc. rocketed 22% in premarket trading Monday, after the party goods and costumes retailer reported a surprise third-quarter profit, a big revenue beat and provided a upbeat fourth-quarter outlook. The company swung to net income of $239.7 million, or $2.24 a share, from a loss of $281.5 million, or $3.02 a share, in the year-ago period. Excluding non-recurring items, adjusted earnings per share came to 10 cents, compared with the FactSet per-share loss consensus of 32 cents. Revenue slipped 1.2% to $533.8 million, well above the FactSet consensus of $489.3 million. Same-store sales grew 8.3%, helped by strength in balloon, birthday and entertainment categories, to beat expectations of a 2.3% decline. October revenue fell 15.9% to $364.3 million, while same-store sales for the month declined 2.9%, as Halloween declines were partially offset by strength in core categories. "Our Halloween results were ahead of our expectations, driven by strong results within décor and better than expected sales of costumes, despite the challenges of a pandemic-impacted backdrop," said Chief Executive Brad Weston. For the fourth quarter, the company expects adjusted EPS of 31 cents to 37 cents, above the FactSet consensus of 29 cents, and revenue of $675 million to $695 million, which is above expectations of $660 million. The stock was unchanged year to date through Friday, while the SPDR S&P Retail ETF has climbed 16.7% and the S&P 500 has gained 8.6%.
1:00 a.m. Nov. 9, 2020 - Barrons.com
Podcast: U.S. Hits New Record for Most Covid-19 Cases in Single Day Despite new offerings like private watch parties, movie-theater chain Cinemark’s revenue drops 96%. The U.S. counted 107,872 new Covid-19 cases on Wednesday. And Denmark’s mink industry faces a major blow.
5:11 p.m. Nov. 7, 2020 - By Ciara Linnane
Coronavirus update: Third straight single-day case record in U.S.; Trump chief of staff Meadows tests positive President-elect Joe Biden will announce a COVID-19 task force on Monday, Axios reportsThe U.S. case tally from the coronavirus illness COVID-19 rose by a record of almost 133,000 on Friday, a third straight day of record-setting levels, as hospitals in rural areas of the Midwest and southern states including Texas and Florida continued to feel the strain.
1:20 p.m. Nov. 6, 2020 - By Ciara Linnane
Coronavirus update: U.S. new cases jump 20% to record 121,200 in a single day; ‘We North Dakotans are in crisis,’ says doctor 13 states posted record case numbers on Thursday, including Illinois, Ohio, Indiana, Minnesota, Iowa, Oklahoma, Nebraska and North DakotaJust one day after the U.S. surpassed 100,000 new cases of the coronavirus illness COVID-19 in a singe day, it set a fresh record that was 20% higher, straining hospitals in areas of the Midwest and South as they struggle to cope with an influx of patients.
3:38 a.m. Nov. 6, 2020 - By Tomi Kilgore
Hershey's stock surges after profit and sales beats, as consumers 'reach for small treats' during the pandemicShares of Hershey Co. surged 2.8% in premarket trading Friday, after the chocolate and confectionery products company reported third-quarter profit and revenue that rose above expectations, and provided an upbeat full-year outlook. "Our core U.S. business remains healthy as consumers reach for small treats during the pandemic, and our decision to lean into Halloween ahead of the season supported consumers' desire to find new and creative ways to celebrate safely," said Chief Executive Michele Buck. Net income rose to $447.3 million, or $2.14 a share, from $325.3 million, or $1.54 a share, in the year-ago period. Excluding non-recurring items, adjusted earnings per share came to $1.86, above the FactSet consensus of $1.74. Revenue rose 4.0% to $2.22 billion, just above the FactSet consensus of $2.18 billion, as price realization provided a 2.9 percentage point benefit and volume growth was a 90 basis point benefit. Gross margin improved to 48.7% from 44.2% last year. The company reinstated its 2020 earnings guidance, after withdrawing it in April because of the uncertain effects of the COVID-19 pandemic. The company now expects 2020 adjusted EPS of $6.18 to $6.24, above the FactSet consensus of $6.05. The stock has slipped 1.6% year to date through Thursday, while the S&P 500 has advanced 8.7%.
7:21 a.m. Nov. 5, 2020 - By Jaimy Lee
Here are all the reasons COVID-19 cases are surging again ‘Pandemic fatigue’ is setting in among Americans tired of social distancing and wearing masksExperts attribute the record-breaking number of coronavirus cases to growing weariness among Americans to keep up with pandemic practices like social distancing and wearing masks.
6:35 a.m. Nov. 5, 2020 - By Jeffry Bartash
Pollsters among the biggest losers on Election Night after whiffing badly on key racesJust three days after Halloween, it was Election Night that turned out to be a nightmare, at least for America's pollsters. They underestimated President Trump's share of the vote again and whiffed badly on key Senate races.
7:55 a.m. Nov. 3, 2020 - By Nicole Lyn Pesce
Stress-eating through Election Day? Grab freebies from McDonald’s, Wendy’s and Krispy Kreme Election Day comfort food discounts abound as American anxiety peaks over the 2020 voteElection Day comfort food discounts abound as American anxiety peaks over the 2020 vote
4:13 a.m. Nov. 2, 2020 - MarketWatch.com
Drive-ins --- and not just drive-in movies --- have enjoyed an intrapandemic golden age, but their season is winding downAfter a historic season, winter is coming at the drive-in. Summer and early fall have seen their simple, old-fashioned lots transformed into a surprisingly elastic omnibus of pandemic-era gathering
7:44 p.m. Nov. 1, 2020 - By Mike Murphy
'The Crown' and 'The Mandalorian' return: Here's what's worth streaming in November 2020Netflix and Disney+ will be worth watching for those shows alone, and if you're getting a new iPhone, give Apple TV+ a test drive
5:31 p.m. Nov. 1, 2020 - Barrons.com
The Stock Market Succumbed to the Sum of All Fears Something freaked out the stock market this past week—and investors are still wondering what hit them.
2:54 p.m. Oct. 31, 2020 - MarketWatch.com
Halloween in the pandemic: Costumes and candy, at a distanceGhosts, skeletons, princesses and black cats roamed the streets as usual this Halloween, but they kept their distance, wore face coverings and carried hand sanitizer in their quest for treats.
6:39 a.m. Oct. 31, 2020 - By Nicole Lyn Pesce
Is trick-or-treating safe? Here’s what the CDC suggests for a pandemic Halloween Some parents aren’t canceling Halloween. Some parents aren’t canceling Halloween.
5:49 a.m. Oct. 31, 2020 - By Charles Passy
For Halloween, how about a vodka-tequila hybrid in a skull-shaped bottle?Onyx is the latest release from comedy legend Dan Aykroyd’s Crystal Head brand.
5:47 a.m. Oct. 31, 2020 - By Mike Murphy
Here’s what’s coming to Hulu in November 2020, and what’s leaving Get ready for an ‘Animaniacs’ reboot, a Greta Thurnburg documentary and the start of holiday rom-com seasonHulu has a smattering of new series and movies coming in November, but for viewers of a certain age, only one really matters: The reboot of ‘Animaniacs.’
11:46 a.m. Oct. 30, 2020 - By Laurie Kahle
Four Killer Skull Watches for Halloween and BeyondToday’s Day of the Dead-inspired watches embrace a sense of colorful whimsy and sci-fi flair 
6:01 a.m. Oct. 30, 2020 - By Alessandra Malito
This board game asks questions about Roe v. Wade, the drug culture and “I Love Lucy” This game is just for the baby boomers.
1:00 p.m. Oct. 27, 2020 - By MarketWatch
This tax break for first-time home buyers could keep the housing market afloatFederal tax relief for new homeowners would help millennials and support prices, writes Sanjiv Das.
12:07 p.m. Oct. 27, 2020 - MarketWatch.com
How to do Halloween and trick-or-treating safely this yearIf you go house to house, use hand sanitizer between stops and make sure you and your kids are wearing appropriate facial coverings (a Halloween mask doesn't count) because of COVID-19.
7:18 a.m. Oct. 22, 2020 - MarketWatch.com
New York’s Village Halloween Parade marches to a virtual beat in COVID-inspired mini puppet spinoffThe pint-size parade offers inventive and financial opportunities to artists and designers who’ve seen work evaporate because of the pandemic.
4:35 a.m. Oct. 22, 2020 - By Mike Murphy
‘The Mandalorian’ returns, but what other streaming picks are worth paying for in October 2020? Looking to cut back on streaming subscriptions? October could be a good month to do soOctober could actually be a good time for budget-minded consumers to cut back on their subscriptions.
2:00 a.m. Oct. 22, 2020 - Barrons.com
Christmas Shopping Started in October. Not All Retail Stocks Should Celebrate. Even a strong holiday shopping season may have an outsize benefit only to some of the biggest players.
9:31 a.m. Oct. 20, 2020 - MarketWatch.com
Here are 7 ways you can COVID-proof your homeAs much as we all wish we could go back to a time when social distancing was a foreign concept and masks were just something you wore with a Halloween costume, it’s clear by now that COVID-19 isn’t going anywhere. At least, not anytime soon.
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