Text size Digital candles increased 276% in the quarter, while sales in the same store rose 26.5%. Matthew Staver / Bloomberg News Albertsons Cos. He released an optimistic first-quarter fiscal report on Monday, but his shares were falling because investors may have been waiting for more from the supermarket operator, …
Read More »Global stocks sink as China retaliates to close consulate
Text size Chinese Foreign Ministry spokesman Wang Wenbin talks about the order to close the United States consulate in Chengdu. fake pictures Global stocks fell on Friday as political events swept away a wave of negativity in the markets. The Dow Jones Industrial Average fell 126 points, or 0.5%. The …
Read More »Honeywell Beat Earnings. What their numbers mean for the industrial economy.
Text size Brendan Smialowski / AFP via Getty Images Honeywell’s earnings, reported Friday morning, beat Wall Street estimates for the pandemic-hit second quarter. That’s good news for Honeywell, but the company is a huge and distant industrial conglomerate. Your earnings are a useful read for many companies in many industries. …
Read More »Tesla shares fell after stellar gains. Here are a few reasons why.
Electric vehicle maker Tesla crushed profit estimates Wednesday night. Initially, its shares appeared in off-hours trading, but closed with a 5% drop on Thursday. Determining Tesla’s stock (ticker: TSLA) can be difficult, but there are a few reasons for its weak performance on Thursday. Wall Street was impressed with the …
Read More »Tesla shares fell after stellar gains. Here are a few reasons why.
Text size Tesla shares saw an improvement and a decline on Thursday. Both ended in Hold. Emmanuel Dunand / AFP via Getty Images Electric vehicle maker Tesla crushed profit estimates Wednesday night. Initially, its shares appeared in off-hours trading, but closed with a 5% drop on Thursday. Determining Tesla’s stock …
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