Stocks making the biggest moves midday: Apple, Netflix, Biogen, Canopy Growth and more

A Biogen facility in Cambridge, Massachusetts. Brian Snyder | Reuters Check out the companies making headlines in midday trading. Apple — Apple shares fell 3.4% on Wednesday following a report that the company is ditching plans to boost new iPhone production. Instead of aiming to increase output by 6 million units in the second half … Read more

Cooling demand means raising prices becomes a test of how well companies know their customers

It’s time to sort the strong management teams from the weaker ones. As the country reopened after pandemic closures, price hikes were essentially a sure bet. There was plenty of pent-up demand and products were sometimes scarce due to supply chain issues. Companies also hiked prices as a necessity to preserve margins in the wake … Read more

Lego sales jump 17% in first half of 2022, boosted by Star Wars and Harry Potter sets

Lego Star Wars toys sit on display inside a Toys “R” Us Inc. store in Paramus, New Jersey, U.S., on Tuesday, Nov. 26, 2019. Bloomberg | Getty Images Lego sales are building on pandemic-era growth, boosted by popular sets from Lego Star Wars and Lego Harry Potter. On Wednesday, the privately held Danish toymaker said … Read more

We’re delighted Amazon’s second Prime Day promises to boost sales ahead of the holidays

The announcement of a second Prime Day from Amazon (AMZN) sent shares of the e-commerce giant higher Monday. As shareholders for the Club, we’re encouraged by the prospect of Prime’s 150 million global members increasing their online retail spending ahead of the holiday season. The two-day global shopping event, dubbed the Prime Early Access Sale, … Read more

From the Fed to Europe’s currency crisis, here’s what’s behind this selloff in financial markets

Stocks fell sharply, bond yields rose and the dollar strengthened Friday as investors heeded the Federal Reserve’s signal that its battle with inflation could result in much higher interest rates and a recession. The sell-off Friday was global, in a week where the Fed boosted rates by another three-quarters of a point and other central … Read more

Stocks making the biggest moves midday: FedEx, Boeing, Ally, Domino’s and more

Visitors walk past a Boeing board during the Farnborough Airshow, in Farnborough, on July 18, 2022. Justin Tallis | AFP | Getty Images Check out the companies making headlines in midday trading. Boeing — The aerospace company was down 5% after it reached a $200 million settlement on charges of misleading investors following two of … Read more

Costco isn’t raising membership fees after earnings beat expectations

Shoppers wait in a check-out line at a Costco wholesale store in Orlando, Florida. Paul Hennessy | Sopa Images | Lightrocket | Getty Images Costco is still holding off on raising its membership fees after reporting fiscal fourth quarter results that beat expectations. The retailer typically raises fees around every five years, but hasn’t said … Read more

Stocks making the biggest moves after hours: Costco, DocuSign, Scholastic

Customers carry their items after shopping at Costco in Washington D.C., May 5, 2021. Ting Shen | Xinhua News Agency | Getty Images Here are the stocks making notable moves in extended trading: Costco — The wholesale membership club retailer was down about 2.8% after reporting fiscal fourth quarter earnings post-market, and saying it’s seeing … Read more

What to expect when Costco reports earnings after the closing bell Thursday

Retail powerhouse Costco, which is set to release strong fiscal fourth-quarter results on Thursday, remains a top Club pick. Source link