[ad_1] A home improvement contractor works on a house in Cambridge, Massachusetts. Suzanne Kreiter | The Boston Globe | Getty Images As the U.S. housing market falls hard from its pandemic-driven highs, home improvement retailers like Home Depot and Lowe’s don’t seem to be feeling the same pain. In fact, …
Read More »Four-day workweek is new standard for 40% of companies, EY study finds
[ad_1] A man walks on Wall St. during the morning commute, as the city deals with record temperatures and the excessive heat, in New York, July 20, 2022. Brendan McDermid | Reuters A cooling economy, rising mortgage rates and mass layoffs have done little to dampen executive demand for expanded …
Read More »TJX hits an all-time high as reason we own off-price retailer played out in the quarter
[ad_1] Club holding TJX Companies (TJX) reported stronger-than-expected fiscal third-quarter 2023 earnings and U.S. sales before the opening bell Wednesday, boosting shares of the off-price retailer by nearly 4% to an all-time high. The inventory glut at full-price chains played out as we had expected, proving to be a boon …
Read More »Target, Carnival, Advance Auto Parts, Lowe’s and more
[ad_1] Pedestrians pass by a Target store in the Tenleytown neighborhood of Washington, DC, on August 17, 2022. Mandel Ngan | AFP | Getty Images Check out the companies making headlines in midday trading. Target – Shares of the big box retailer tumbled more than 12% after the company said …
Read More »JetBlue plans Paris flights next summer in trans-Atlantic expansion
[ad_1] A JetBlue Airways Corp. Airbus A321 plane sits at a gate outside of Terminal 5 at John F. Kennedy International Airport (JFK) in New York, U.S., on Wednesday, July 12, 2017. Jetblue Airways Corp. is scheduled to release earnings figures on July 25. Photographer: Mark Kauzlarich/Bloomberg via Getty Images …
Read More »Goldman Sachs says this plastic packaging stock looks attractive and can rally 34%
[ad_1] Shares of plastic packaging firm Berry Global Group are attractive and can rally more than 30% from here, according to Goldman Sachs. Analyst Adam Samuelson raised his price target on Berry Global Group, while maintaining a buy rating on the stock, saying shares continue to remain attractive on the …
Read More »ECB vice president says will do ‘whatever necessary’ to tame inflation
[ad_1] De Guindos told CNBC the ECB will do “whatever is necessary” to tame inflation. Europa Press News | Europa Press | Getty Images It is crucial for the European Central Bank to convey its commitment to bringing prices down in order to keep inflation expectations anchored, according to its …
Read More »Homebuilder sentiment drops to a decade low
[ad_1] Contractors work on concrete slabs in the Cielo at Sand Creek by Century Communities housing development in Antioch, California, on Thursday, March 31, 2022. David Paul Morris | Bloomberg | Getty Images Homebuilder sentiment in the single-family housing market fell to the lowest level in a decade in November, …
Read More »Goldman calls insurer Lincoln National a buy that can jump almost 35%
[ad_1] Shares of life insurance company Lincoln National are a buying opportunity that can jump more than 30% from Tuesday’s close, according to Goldman Sachs. Analyst Alex Scott upgraded shares of Lincoln National to buy from neutral, saying the company will be able to bounce back from an outsized charge …
Read More »Why U.S. rail travel is so expensive
[ad_1] Amtrak’s Acela is the fastest passenger train in the Western Hemisphere, but tickets can be pricey. Amtrak fares can vary dramatically in the Northeast, home of the most heavily used stretch of track in the railroad’s nationwide network, which also includes stops in Canada. But tickets are often more …
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