Wall Street

Wall Street is an eight-block-long street running roughly northwest to southeast from Broadway to South Street, at the East River, in the Financial District of Lower Manhattan in New York City. Over time, the term has become a metonym for the financial markets of the United States as a whole, the American financial services industry (even if financial firms are not physically located there), or New York–based financial interests.

Source: en.wikipedia.org

Gap’s Turnaround Effort Shows Some Signs Of Success
Gap’s Turnaround Effort Shows Some Signs Of Success
November 17, 2017  |  Earnings

It’s probably a bit premature to say that the Gap is back, but its latest earnings results give at least some indication that signs of...

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Best Buy Blames Earnings Miss On The iPhone X
Best Buy Blames Earnings Miss On The iPhone X
November 16, 2017  |  Earnings

Best Buy’s Q3 earnings report disappointed analysts this week, as both results and forecasts for the coming holiday quarter came in below expectations, according to...

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Deal Or No Deal? Mattel Snubs Hasbro Offer
Deal Or No Deal? Mattel Snubs Hasbro Offer
November 16, 2017  |  Retail

If you thought Jim and Pam on “The Office” took forever to get together, you’ve clearly never followed the decades-long mating dance between the world’s...

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Digital Posts Double Digits in Target’s 3Q, But Holiday Forecast Hits Shares
Digital Posts Double Digits in Target’s 3Q, But Holiday Forecast Hits Shares
November 16, 2017  |  Earnings

Target's results showed same store sales growth, top and bottom lines that edged analyst estimates and growth in digital sales that showed strong momentum.  But...

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Blue Apron’s Market Cap Cut By Two-Thirds
Blue Apron’s Market Cap Cut By Two-Thirds
November 14, 2017  |  IPO

In Wall Street parlance, a busted initial public offering (IPO) is one that trades below the initial price afforded right out of the gate, on...

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Analyst Says Overstock Should Ditch Retail To Focus On Blockchain
Analyst Says Overstock Should Ditch Retail To Focus On Blockchain
November 13, 2017  |  Blockchain

Overstock got its price target lifted last week after the company indicated that it could sell the home eCommerce unit to focus more on its...

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China Moves To Expand Financial Center Access
China Moves To Expand Financial Center Access
November 10, 2017  |  Regulation

Call it the “opening of China,” redux. China has taken, what The Wall Street Journal termed, “a major step” in boosting global access to its financial...

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Nordstrom Beats, But Rack Disappoints
Nordstrom Beats, But Rack Disappoints
November 10, 2017  |  Earnings

It wasn’t all bad news when Nordstrom reported its Q3 earnings yesterday. In fact, the embattled retailer turned in a beat on both earnings and...

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A Surprise Same-Store Sales Bump Isn’t Enough To Offset An Earnings Miss For Kohl’s
A Surprise Same-Store Sales Bump Isn’t Enough To Offset An Earnings Miss For Kohl’s
November 10, 2017  |  Earnings

Mixed results for Kohl’s as it posted its Q3 earnings report depressed stock prices in trading today as the retailer reported that sales took a hit when...

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