Retail stocks react to election with shifts in leadership
Shoppers drive retail trends as investors seek profits. The Andersons leads gains in the S P 1500 for 2024, up 27 percent, with an almost 4 percent Friday rise amid industrial exposure. Amazon lags the market since the election, while Walmart and Target bolster online efforts. Big 5 Sporting Goods surges 97 percent, aided by Trump gun policy positions.
MENTIONED IN THIS ARTICLE
Donald Trump
Standard & Poor
Andersons
ANDE
Amazon.com
AMZN
Walmart
WMT
Target
TGT
Jet
Amazon
Big 5 Sporting Goods
BGFW
S&p
Trump
SigFig investors outperformed on six month basis says USA Today
SigFig data shows small investors under 100K beat millionaires by 45 percent over six months while portfolios with 100 001 to 250 000 and over 1 million reflect AAPL as largest holding and BAC as most sold. More than half a million US investors with 200 billion in assets use SigFig for online tracking.
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SigFig
USA
America
Johnson & Johnson in talks to buy Actelion
Johnson & Johnson confirms preliminary talks to acquire Actelion, a Swiss biotech firm. Shares rebound from a near month’s low as the market weighs possible deal implications. Biogen shares dip after Lilly drug setback. Analysts note key drug differences between the firms.
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Johnson & Johnson
Actelion
Biogen
Eli Lilly
HPQ
Concho Resources
CXO
Zacks
Marathon Oil
Sel Urian Outfitterss
Urban Outfitters
URBN
FMC Technologies
FTI
Natural Resources Pioneer Pioneer Natural Resources
PXC
Eastman Eastman Chemical
EMN
Nadarig
DVN
Ctrip posts higher Q3 earnings on Qunar acquisition
Ctrip.com reports stronger third quarter results driven by the acquisition of Qunar Cayman Islands last year. The travel services company expects continued benefits from the deal and anticipates improving profit margins amid expanding volumes.
MENTIONED IN THIS ARTICLE
Ctrip.com
Qunar
Cayman Islands
S&P 500 P E Ratio Based on Operating Earnings
The article discusses the S&P 500 price to earnings ratio calculated from trailing twelve months operating earnings, outlining how this metric reflects market valuation and corporate profitability, with implications for investors evaluating stock valuations and market momentum.
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S&p
FCC Maintains Cross Ownership Rules in Media Markets
The FCC voted to keep limits on owning newspapers and TV or radio stations in the same market, rejecting industry calls to loosen rules. A new exception for failed newspapers was deemed meaningless, with ongoing limits including a 39 percent national market cap and bans on mergers among ABC, CBS, Fox, and NBC.
MENTIONED IN THIS ARTICLE
Federal Communications Commission
FCC
David Chavern
Newspaper Association of America
Nies
Chavern
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