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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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Rising fuel costs are a massive problem for business and consumers — Here’s why they’re so high

A sign displays gas prices at a gas station on May 10, 2022 in San Mateo County, California.Liu Guanguan | China News Service | Getty ImagesThe surge in gasoline prices is impossible to miss and at the top of consumers' minds as billboards announce that gas now costs $4,

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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, 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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Goldman Sachs CEO advises clients to be cautious because Fed policy has unpredictable consequences

Goldman Sachs CEO David Solomon is advising his clients to be more cautious with their finances because the Federal Reserve's moves to combat inflation could result in recession or other negative consequences.Higher interest rates and a reversal in the Fed's bond-buying programs are "going to have an impact on

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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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