Stock market

Dick Sporting, Express, Wendy’s and more

Check out the companies making headlines before the bell: Dick’s Sporting Goods (DKS) — Shares of the sporting goods retailer fell 14.4% in premarket after it released a weaker-than-expected full-year outlook as it adjusts to what it calls challenging macroeconomic conditions. Dick’s posted better-than-expected earnings and revenue for the fourth quarter, and comparable store sales …

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Analyst Larry Williams sees a bottom in the making

CNBC’s Jim Cramer on Friday explained new technical analysis from veteran Larry Williams’ chart indicating that the market is heading towards the bottom. “I know it’s hard to believe anything positive at this moment, but I said the same in April 2020, that’s when Larry Williams made one of the best calls I’ve ever seen,” …

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JPMorgan shareholders vote on CEO Jimmy Dimon’s pay bump

New York CNN Business – JP Morgan Chase investors voted Tuesday to reduce the multimillion-dollar payout to CEO Jamie Dimon. The pay offer they rejected included a massive $52.6 million retention bonus as part of Dimon’s 2021 compensation package, just months after the bank’s board of directors approved the incentive. With the bonus, Damon’s total …

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Targeted posts a staggering drop in profit. stock falling

New York CNN Business – Target’s earnings are not up to par. far from it. The retail giant reported a staggering 52% drop in its profit for the first quarter, significantly missing Wall Street expectations. The company blamed higher expenses due to ongoing supply chain disruptions. Consumers are also reluctant to make unnecessary purchases due …

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Covid lockdowns affect retail data and industrial production

The ongoing spread of Covid and the resulting stay-at-home orders – primarily in Shanghai – forced factories to close or operate at limited capacity in April. Pictured here on May 12, a refrigerator factory is located in Hefei, China, about a five-hour drive from Shanghai. Xie Chen | China Optical Group | Getty Images BEIJING …

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Vegetarian food stocks ‘Beyond Meat’, Oatly faces a reset

In this illustration, oat milk is shown on May 20, 2021 in Chicago, Illinois. Scott Olson | Getty Images Wall Street seems to be stumbling on vegan alternatives. Shares of Beyond Meat and Oatly have lost more than half their value this year. Stocks are relatively high-profile recent entrants to the general markets, prone to …

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