Earnings and Brokerage Ratings

Dollar Breathed Easy after Steven Mnuchin Comment

After the comment of Steven Mnuchin, the U.S. Treasury Secretary, dollar pulled away from five-month lows. It had dropped suddenly after a comment made by President Trump on last Wednesday in an interview with The Wall Street Journal. He said,…
US Market Commentary on Monday

Markets are worried over the tension mounting between the US and North Korea and then there are French elections due. As if these were not enough, the soft US economic data further dampened the spirits of the investors. The US…
Market Commentary on the Last Day of the Quarter

On the last trading day of the ongoing quarter, the Asian markets fell as investors balanced their positions. The positive U.S. economic growth data led to rising in the dollar. The Dollar index was higher, but on a quarterly basis,…
Amazon’s Brand Registry to Fight Counterfeits

The e-commerce giant Amazon.com is currently testing a tactic that will help it remove counterfeit goods from its website, thus reassuring vendors that the marketplace it provides is in their best interests. This step of Amazon to remove such goods…
Is Dollar General Following Wal-Mart?

Investors have been doubtful about the fact that Dollar General is spreading its network way too quick and retailers now have to show them results proving the fact that expanding the network by opening new chains is not the single…
Trump and its effect on the surge witnessed in Dow

President Trump has been boasting about the surge that has been seen in the stock market after the elections. After being silent on Twitter for the past some time, this Thursday, Trump tweeted about how the economy is doing currently.…
Wall Street Closed Higher with Hopes of Rising Rates

The stocks at Wall Street had a slightly higher closing this Monday and the yields of the US Treasury also rose with the hopes of the rates rising and the expectations of a higher infrastructure spending announcement by US President…
Reasons for Clobbering of NVIDIA Shares

After an unbelievable growth run in 2016 for NVIDIA, the graphics specialist’s shares clobbered. They were down 9% when the market closed. The reason behind this was a double downgrade by an analyst. According to Tech Trader Daily, Romit Shah,…
Lowe’s Job Cuts Hit Home at N.C. Headquarters

Lowe’s has decided to lay off 525 employees at its Mooresville, NC headquarters and some other facilities as a part of its key operational restructuring. According to Lowe’s, it is cutting off around 430 positions at corporate office. Around 70…
Tim Hortons and Burger King Planning to Buy Popeye’s

Owner of Tim Hortons and Burger King fast food chains, Restaurant Brands International Inc., may be acquiring Popeye’s Louisiana Kitchen Inc., according to sources who are familiar to the matter. The sources mentioned this on this Monday. This deal, according…