Stock Market News for July 28, 2016
Zacks Equity Research - Zacks Investment Research - Thu Jul 28, 9:10AM CDT
Benchmarks closed mixed on Wednesday following the Federal Open Market Committee’s (FOMC) policy statement and key earnings results.
KO: 43.63 (-0.02), PM: 100.26 (+1.16), XOM: 88.95 (-1.25), COST: 167.22 (+0.87), CVS: 92.72 (-0.67), PG: 85.59 (+0.78), MO: 67.70 (+0.59), CVX: 102.48 (+0.69), BA: 133.66 (+0.65), CMCSA: 67.25 (-0.61), AAPL: 104.21 (-0.13)
4 Stocks to Watch After the Market Closes Today
ESTMZ - Wed Jul 27, 9:12AM CDT
WFM : Comparable store sales has been slowing for more than two years as consumers questions Whole Food’s pricing strategy. Whole Foods was notorious for jacking up prices until recent pivots towards cost cutting and customer loyalty programs. The...
WFM: 30.48 (-0.13), AMZN: 758.81 (+6.20), SPY: 217.12 (+0.35), KR: 34.19 (-0.21), COST: 167.22 (+0.87), CRUS: 48.59 (-1.23), SPLK: 62.54 (+0.42), MAR: 71.70 (+0.17), GRPN: 4.82 (-0.05), HOT: 78.06 (+0.15)
Zacks Industry Outlook Highlights: L Brands, Gap, Costco Wholesale, Buckle and Zumiez
Zacks Equity Research - Zacks Investment Research - Tue Jul 26, 8:30AM CDT
Zacks Industry Outlook Highlights: L Brands, Gap, Costco Wholesale, Buckle and Zumiez
ZUMZ: 16.98 (+0.13), LB: 73.90 (+0.15), COST: 167.22 (+0.87), GPS: 25.79 (+0.56), BKE: 27.39 (+0.25)
Costco Wholesale Corporation Announces Quarterly Cash Dividend
Marketwired - Mon Jul 25, 5:57PM CDT
ISSAQUAH, WA--(Marketwired - Jul 25, 2016) - Costco Wholesale Corporation ("Costco" or the "Company"
COST: 167.22 (+0.87)
Retail Stock Outlook: Is the Sector Reflecting Growth?
Zacks Equity Research - Zacks Investment Research - Mon Jul 25, 2:42PM CDT
Retail Stock Outlook: Is the Sector Reflecting Growth?
CATO: 35.77 (+0.05), ZUMZ: 16.98 (+0.13), LB: 73.90 (+0.15), FRED: 15.89 (-0.11), COST: 167.22 (+0.87), GPS: 25.79 (+0.56), BKE: 27.39 (+0.25)
5 Stocks to Watch This Back-to-School Season
Afrasiab Mian - Zacks Investment Research - Mon Jul 25, 1:54PM CDT
The back-to-school season is a unique time of year for many reasons. Let's take a look at how consumers may behave, along with the retailers that will likely experience high activity in the weeks to come.
AMZN: 758.81 (+6.20), TGT: 75.33 (+0.54), COST: 167.22 (+0.87), WMT: 72.97 (-0.27), BBY: 33.60 (+0.32)
The Zacks Analyst Blog Highlights: Amazon, Costco, Wal-Mart, Target and Alphabet
Zacks Equity Research - Zacks Investment Research - Wed Jul 13, 8:30AM CDT
The Zacks Analyst Blog Highlights: Amazon, Costco, Wal-Mart, Target and Alphabet
AMZN: 758.81 (+6.20), TGT: 75.33 (+0.54), WMT: 72.97 (-0.27), COST: 167.22 (+0.87), GOOGL: 791.34 (+25.50)
5 Reasons Why Amazon (AMZN) Can't Kill Brick-and-Mortar Stores
Afrasiab Mian - Zacks Investment Research - Tue Jul 12, 4:13PM CDT
Today was the second annual Prime Day, Amazon.com's (AMZN) biggest shopping event in the year. Considering how large and convenient a service Amazon offers, many believe it is on track to destroy traditional brick-and-mortar stores. Although this theory holds credence, let's take a step back and consider why that may be too hasty a conclusion.
AMZN: 758.81 (+6.20), TGT: 75.33 (+0.54), COST: 167.22 (+0.87), WMT: 72.97 (-0.27), GOOGL: 791.34 (+25.50)
SmarTrend Watching for Potential Pullback in Shares of Costco Wholesale After 1.11% Gain
Comtex SmarTrend(R) - Mon Jul 11, 12:31PM CDT
Costco Wholesale (NASDAQ:COST) traded in a range yesterday that spanned from a low of $165.06 to a high of $167.31. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $166.10 on volume of 1.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
COST: 167.22 (+0.87)
Fred Hutchinson Cancer Research Center appoints FY 2016-17 board members, including Microsoft CEO Satya Nadella
PR Newswire - Mon Jul 11, 5:00AM CDT
Fred Hutchinson Cancer Research Center today announced the appointment of Microsoft CEO Satya Nadella to its board of trustees. He is among five new board members at Fred Hutch, a Seattle-based pioneer in advancing groundbreaking research to prevent, diagnose and treat cancer and related diseases.
COST: 167.22 (+0.87)
L Brands June Comps Up 6%, Stock Down on Weak July View
Zacks Equity Research - Zacks Investment Research - Fri Jul 08, 8:57AM CDT
L Brands, Inc.'s (LB) comparable store sales (comps) for the five weeks ended Jul 2, 2016 increased 6% year over year and also handily beat analysts' expectations.
ZUMZ: 16.98 (+0.13), LB: 73.90 (+0.15), COST: 167.22 (+0.87), BKE: 27.39 (+0.25)
Why Costco's (COST) Stock Rallied Post June Sales Results
Zacks Equity Research - Zacks Investment Research - Fri Jul 08, 5:59AM CDT
Costco (COST) reported flat comparable-store sales for the month of June. The figure came in ahead of analysts' expectations.
COST: 167.22 (+0.87), WMT: 72.97 (-0.27), DG: 94.74 (-0.33), BURL: 76.51 (-0.19)
Asian markets mostly down on oil concerns
By TERESA CEROJANO - AP - Thu Jul 07, 10:18PM CDT
MANILA, Philippines (AP) — Asian shares were mostly down Friday, with investors cautious due to the plunge in oil prices overnight, concerns that a correction in commodity prices is underway and Friday night's scheduled release of U.S. inflation data that carries the risk of market volatility.
XEL: 43.98 (+0.22), MON: 106.77 (+0.65), DUK: 85.59 (+0.39), COST: 167.22 (+0.87), WDC: 47.51 (-6.19), AET: 115.21 (-0.58), SNDK: 76.18 (-0.39), HUM: 172.55 (+0.34), PEP: 108.92 (+0.79)
WhiteWave and PepsiCo climb; Exxon and Xcel Energy slide
AP - Thu Jul 07, 3:25PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Thursday:
XEL: 43.98 (+0.22), COST: 167.22 (+0.87), AVG: 24.73 (-0.03), WDC: 47.51 (-6.19), SNDK: 76.18 (-0.39), PEP: 108.92 (+0.79)
After Yesterday's Rally of 4.78% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Thu Jul 07, 11:45AM CDT
Costco Wholesale (NASDAQ:COST) traded in a range yesterday that spanned from a low of $158.00 to a high of $163.90. Yesterday, the shares gained 4.8%, which took the trading range above the 3-day high of $157.19 on volume of 3.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
COST: 167.22 (+0.87)
Costco Wholesale Rises 4.78% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Thu Jul 07, 11:44AM CDT
Costco Wholesale (NASDAQ:COST) traded in a range yesterday that spanned from a low of $158.00 to a high of $163.90. Yesterday, the shares gained 4.8%, which took the trading range above the 3-day high of $157.19 on volume of 3.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
COST: 167.22 (+0.87)
These 3 Retail Stocks Will Impress Investors this Earnings Season
ESTMZ - Thu Jul 07, 8:00AM CDT
Despite what it may seem, the retail sector and consumer spending has not exactly performed as media outlets have claimed. Internet retail has been the biggest growth catalyst in the sector, as more companies shift resources towards building out omni...
NFLX: 91.25 (-0.40), AMZN: 758.81 (+6.20), EBAY: 31.16 (-0.01), AXP: 64.46 (-0.33), C: 43.81 (-0.27), EXPE: 116.65 (-2.62), WMT: 72.97 (-0.27), COST: 167.22 (+0.87), VZ: 55.41 (+0.55)