Wednesday, August 10, 2022
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The confusing job market: Tech and finance brace for the worst, retail is mixed, travel can’t hire fast enough

JetBlue Airways passengers in a crowded terminal on April 7, 2022 in the Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Florida.Robert Nickelsberg | Getty Images News | Getty ImagesIt wasn't long ago that Amazon, Shopify and Peloton doubled their workforces to manage through the pandemic surge, while Morgan Stanley

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Stock futures tick up ahead of key Fed decision

Stock futures ticked up in overnight trading as traders await the Federal Reserve's latest interest rate decision, scheduled to be announced Wednesday afternoon.Futures on the Dow Jones Industrial Average rose by 66 points, or 0.21%. S&P 500 futures gained 0.55% and Nasdaq 100 futures increased 1.06%. Shares of Enphase

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Stocks making the biggest moves midday: Micron, Kohl’s, Meta Platforms and more

Check out the companies making headlines in midday trading.Micron Technology – Shares of the chipmaker fell about 6% after the company issued disappointing fiscal fourth-quarter guidance and said weakening consumer demand will hurt smartphone sales. The warning pulled down other chip stocks, which were among the top decliners in the S&P

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Stocks making the biggest moves premarket: Kohl’s, Micron, Apple and more

Check out the companies making headlines before the bell:Kohl's (KSS) – Kohl's tumbled 17.9% in premarket trading after the retailer confirmed an earlier CNBC report that it ended talks to be bought by Vitamin Shoppe parent Franchise Group (FRG). Kohl's said the deteriorating retail and financial environment presented significant

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Stocks making the biggest moves midday: Target, Kohl’s, Peloton and more

FILE PHOTO: Shoppers exit a Target store during Black Friday sales in Brooklyn, New York, U.S., November 26, 2021. Brendan Mcdermid | ReutersCheck out the companies making headlines in midday trading.Target — Shares of the retailer fell more than 4% after the company said it will take a short-term hit

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Stocks making the biggest moves in the premarket: Target, J.M. Smucker, Kohl’s and more

Take a look at some of the biggest movers in the premarket:Target (TGT) – Target announced a series of moves to "right-size" its inventory levels, including additional markdowns and canceling orders. It cut its operating margin guidance for the current quarter to 2% from the prior 5.3% but said

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Stocks making the biggest moves premarket: Turning Point Therapeutics, Lululemon, RH and others

Check out the companies making headlines before the bell:Turning Point Therapeutics (TPTX) – The biopharmaceutical company's shares more than doubled in premarket trading after agreeing to be acquired by Bristol Myers Squibb (BMY) for $76 per share in cash, or $4.1 billion. Turning Point specializes in cancer treatments.Lululemon (LULU)

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Stocks making the biggest moves midday: Cisco, Kohl’s, CSX and more

Cisco logo exhibited during the Mobile World Congress, on February 28, 2019 in Barcelona, Spain.NurPhoto | Getty ImagesCheck out the companies making headlines in midday trading Thursday. Harley-Davidson – Shares of the motorcycle maker fell more than 8% after the company said it's suspending most vehicle assembly and shipment for two weeks

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Stocks making the biggest moves premarket: Kohl’s, BJ’s Wholesale, Spirit and more

Check out the companies making headlines before the bell:Kohl's (KSS) – Kohl's reported adjusted quarterly earnings of 11 cents per share, well short of the 70-cent consensus estimate. Revenue was better than expected, but the retailer noted a tough sales environment as well as higher costs. Kohl's shares fell

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Stocks making the biggest moves midday: Target, Kroger, Foot Locker and more

A shopping cart is seen in a Target store in the Brooklyn borough of New York, U.S., November 14, 2017.Brendan McDermid | ReutersCheck out the companies making headlines in midday trading.Target – Shares of the retailer jumped 11% after the company reported 9% sales growth in the fiscal fourth quarter, despite

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