Analyst Eyes Entry Point For Struggling Retail Stock
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17Oct
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17Oct
Retail sales September 2023:
A customer shops at a Costco store on October 2, 2023 in San Francisco, California.Justin Sullivan | Getty ImagesConsumers showed surprising strength in September, boosting retail sales well above expectations despite high interest rates and worries over a weakening economy.Retail sales rose 0.7% on the month, well above the...
17Oct
StubHub sees 60% jump in ticket sales for NBA season
Anthony Davis, #3 of the Los Angeles Lakers, drives to the basket during the game against the Milwaukee Bucks at Crypto.com Arena in Los Angeles on Oct. 15, 2023.Adam Pantozzi | National Basketball Association | Getty ImagesWith the National Basketball Association season tipping off next week, StubHub sees ticket...
17Oct
Stocks making the biggest moves premarket: WH, DLTR, JNJ
Check out the companies making headlines before the bell. Wyndham Hotels & Resorts , Choice Hotels — Choice Hotels dropped 2.3% after the hotel chain proposed buying Wyndham Hotels & Resorts for $90 per share, valuing Wyndham at roughly $7.8 billion. Wyndham's stock popped 15% on news of the...
17Oct
Nova Credit lands $45M to grow its cross-border and alternative data credit products
Moving from one country to another is difficult in many ways, not the least of which involves starting over financially. Nova Credit, which started out as a graduate research project out of Stanford University about seven years ago, was founded to help immigrants overcome the obstacles of applying for things...
17Oct
TCPA tidal wave will affect how firms engage with clients via texting
When a new communications channel is widely adopted by the public, it will eventually be used for advertising. Consider radio, TV and, of course, the telephone. The Telephone Consumer Protection Act was put into place in 1991 by the FCC to address a growing torrent of marketing phone calls....
17Oct
Investors turning more bearish on the market, more optimistic on the economy
The U.S. economy is set to improve by the end of the year according to 55% of respondents to a new survey from Morgan Stanley. The poll found that more than half also believe inflation will normalize by the time we welcome 2024 and 41% think it will be early...
17Oct
Digital transformation boosts satisfaction with life insurance and annuities
Customer apathy towards life insurance and annuities is a decades-old challenge, but technology is helping the industry change perceptions. The latest generation of mobile apps and websites is boosting customer satisfaction as technology drives greater use of the products for financial planning and final planning (such as death benefits and...
17Oct
Treasury market volatility feels like pandemic-era 2020
The Treasury market is serving up levels of volatility last seen during the pandemic-era turbulence of March 2020. The U.S. 30-year yield shifted by almost 13 basis points a day over the last five trading days, the highest in more than three years and more than three times a much...
17Oct
Bitcoin up 10% as investors weigh potential ETF green light
A brief 10% surge in Bitcoin gave traders a glimpse into the possible impact of a looming US Securities & Exchange Commission decision on whether to allow exchange-traded funds that invest directly in the token. An erroneous report that BlackRock Inc. had won approval to launch a spot ETF rapidly...