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Stocks making the biggest moves midday: Target, Lowe’s, TJX and more

Shoppers walk in front of a Target store at the Lycoming Crossing shopping plaza in Muncy, Pennsylvania.Sopa Images | Lightrocket | Getty ImagesCheck out the companies making headlines in midday trading.Target – Shares plunged 25.6% after the retailer reported disappointing quarterly results, citing high fuel costs and inventory troubles.

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Stocks making the biggest moves premarket: Target, Walmart, Carrier Global and others

Check out the companies making headlines before the bell:Target (TGT) – Target plummeted 22.1% in the premarket after the retailer reported an adjusted quarterly profit of $2.19 per share, below the $3.07 consensus estimate. Revenue and comparable-store sales beat forecasts, but like rival Walmart yesterday, higher costs ate into

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Home affordability at 2007 bubble levels, but crash is unlikely: Blackstone’s Joe Zidle

A major Wall Street firm is drawing a striking parallel to the housing bubble.Blackstone's Joe Zidle calls homes almost as unaffordable as the 2007 peak. Yet, he believes a crash is unlikely due to a major difference: Most owners aren't using their homes like an ATM."That caused so many

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Stocks making the biggest moves in the premarket: Nio, Veru, Sailpoint Technologies and more

Take a look at some of the biggest movers in the premarket:Nio (NIO) – The China-based electric carmaker's shares slumped 8.4% in premarket action after it suspended production due to Covid-19 related supply chain disruptions.Veru (VERU) – The drugmaker's shares surged 24.8% in the premarket after it reported "overwhelming"

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Bill Ackman is done with activist short-selling, will focus on quieter, long-term approach

Bill Ackman, founder and CEO of Pershing Square Capital Management.Adam Jeffery | CNBC Investor Bill Ackman said Tuesday that he will no longer take part in vocal activist short selling campaigns, a practice he engaged in that led to one of the most colorful battles in Wall Street history."Despite

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Stocks making the biggest moves premarket: Lowe’s, Tenneco, Tupperware and others

Check out the companies making headlines before the bell:Lowe's (LOW) – Lowe's shares added 1.6% in the premarket after the home improvement retailer beat top and bottom-line estimates for the fourth quarter. Lowe's earned $1.78 per share, 7 cents above estimates, and issued upbeat full-year guidance as demand for

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Bill Ackman says the Covid omicron variant could end up being bullish for markets

Bill Ackman, founder and CEO of Pershing Square Capital Management.Adam Jeffery | CNBC Investor Bill Ackman said the new omicron variant of the coronavirus could actually give U.S. stocks a boost if symptoms turn out to be less severe."While it is too early to have definitive data, early reported data suggest

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Stock futures are flat after Dow pulls back in regular session

U.S. stock futures were flat in overnight trading after the major averages pulled back, albeit close to records, on Wednesday.Dow futures fell just 20 points. S&P 500 futures gained 0.05% and Nasdaq 100 futures rose 0.14%.Nvidia shares popped in extended trading after beating on the top and bottom lines

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Stocks making the biggest moves midday: Target, Rivian, Lucid, TJX, Visa 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 — The retail giant saw shares fall 4.7% despite posting beats on the top and bottom lines. CEO

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Stocks making the biggest moves premarket: Lowe’s, Target, GlaxoSmithKline and others

Check out the companies making headlines before the bell:Lowe's (LOW) – Lowe's rose 2.5% in the premarket after beating estimates on the top and bottom lines and raising its annual revenue forecast. The home improvement retailer earned an adjusted $2.73 per share for the third quarter, 37 cents above

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