Text size Brick-and-mortar retailers make up the bulk of revenue reports this week. Walmart, Home Depot, and Kohl released their second-quarter results on Tuesday, followed by Lowe’s, Doel, TJX, and L Markets on Wednesday. Ross Stores reports Thursday. Non-retail names releasing results this week include Nvidia and analog devices on …
Read More »Apple, Tesla stock splits could encourage others
Text size Ina Fassbender / AFP via Getty Images After Apple and Tesla recently announced stock splits, shares of each accounted for nearly 20%. Given those large gains, investors can expect more companies to follow high-priced stocks. That can frustrate anyone who believes in market efficiency. Pins are not intended. …
Read More »A story of two $ 2 billion Chinese IPOs leading in very different directions
KE Holdings Inc. became China’s first public offering to raise $ 2 billion from a U.S. listing since iQiyi Inc. on Thursday, when its share saw 87% close. Less than an hour later, iQiyi gave a stark reminder of the rocky path many young Chinese stocks have taken on U.S. …
Read More »Airbnb plans to make a confidential order for IPO in August
Airbnb Inc. is close to submitting to go public in a move that would underscore a surprising handball for the house-sharing giant and the IPO market. The company plans to file IPO paperwork with the Securities and Exchange Commission later this month, laying the groundwork for a potential listing before …
Read More »Hot rookies and not-so-hot pot companies are jumping on the slow income parade
Corporate profits have so far surpassed low expectations so far this winning season, but there are still a lot of wild cards left in the deck. Consensus S&P 500 SPX, + 0.06% income taxes rose only 3% for the third quarter and are not budgeted at all in the fourth …
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