Text size Carl Hof / Getty Images SoftBank Group made big bets on Amazon. com, Alphabet, Adobe, and other technology stocks in the June quarter as part of their program to temporarily stash proceeds from recent asset sales. As of June 30, SoftBank had a $ 1 billion stake in …
Read More »Court overturns Tiffany verdict against Costco
A federal appeals court dismissed Tiffany’s on Monday (TIF) – Get report $ 21 million judgment against Costco Wholesale (COST) – Get report on the sale of the company of the warehouse association of generic rings of diamond engagement with the name “Tiffany” The Second U.S. Circuit Court of Appeals …
Read More »Tesla, Walmart, Nvidia, Home Depot, and Other Investor Supplies to Watch This Week
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 »US retail sales up for 3rd month, but expectation
WASHINGTON (AP) – Americans increased their spending at retail stores and restaurants in July for a third straight month, but some evidence suggests sales are weakening with the expiration of bailouts for governments that previously put more money in the pockets of the people had. Friday’s report of the Department …
Read More »