Techno Blender
Digitally Yours.
Browsing Tag

Estee Lauder Companies Inc

3 takeaways from our daily meeting: Wall Street's bounce, small buy, reviewing analyst notes

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to…

Stocks teeter, oil trim, obesity drug

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Thursday's key moments. Stocks teeter Selling high, considering buying Quick mentions: LLY, COST 1. Stocks teeter Stocks swayed on Thursday after starting the week with sharp gains that puttered out by Wednesday. The short-lived rally was undercut by hawkish comments from the Federal Reserve on potential further interest rate hikes to combat inflation, Jim Cramer said. Investors are watching for…

We're moving money from an oil name to a beauty stock that would benefit from a China Covid shift

This trade will result in a nearly dollar for dollar switch out of energy and into a name we think stands to benefit from a possible Covid policy change. This trade will result in a nearly dollar for dollar switch out of energy and into a name we think stands to benefit from a possible Covid policy change. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is…

Lowe’s chief marketing officer Marisa Thalberg leaves company in shakeup

Marisa Thalberg, executive vice president and chief brand and marketing officer.Source: Marisa ThalbergLowe's chief marketing officer Marisa Thalberg has left the retailer as part of a broader reorganization, the company said Tuesday.The home improvement retailer has cut her role and moved its marketing team under Bill Boltz, executive vice president of merchandising. Thalberg previously reported directly to CEO Marvin Ellison.Thalberg's departure is part of a growing wave of leadership changes in the retail industry.…

Retail giants report with all eyes on the consumer

CNBC's Jim Cramer on Monday said that this week's economic data releases and retailer earnings reports will give important insights into the state of the American consumer and, in turn, inflation."This week is a referendum on the consumer," he said.The "Mad Money" host said he's watching for the release of the Federal Reserve's July meeting notes on Wednesday, since that will shed more light on the central bank's plans for future interest rate increases.He also said he's watching for retail sales numbers this week to…

The ‘lipstick index’ is back — and retailers are trying to cash in

Target has added new brands to its beauty department. At a growing number of stores, it also has mini Ulta Beauty shops with prestige brands.Melissa Repko | CNBCAs prices creep up, some people have decided against getting a new outfit, delayed big purchases like TVs or cancelled Netflix accounts.But for now, they're still splurging on beauty.For retailers, the beauty category has become a rare bright spot as people pull back on spending amid surging inflation. Often seen as an affordable luxury, it is the only…

4 takeaways from the Investing Club’s ‘Morning Meeting’ on Tuesday

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Monday's key moments. 1. Apple to slow down hiring — what this means for the market 2. JNJ earnings: business is still very strong 3. Halliburton reports better-than-expected earnings 4. Quick mentions: PXD, EL, CRM 1. Apple to slow down hiring — what this means for the market The markets opened on a bright note on Tuesday with the S & P 500 and the Nasdaq both up more than 1.5% in morning…

Coach owner Tapestry predicts China troubles will start to ease in June

Customers walk past a Coach store at Shanghai New World Daimaru department store on August 12, 2019 in Shanghai, China.VCG | Visual China Group | Getty ImagesCoach owner Tapestry shares climbed nearly 16% Thursday after the retailer said it's expecting lockdowns in Shanghai will be lifted at the beginning of June, followed by gradual improvements thereafter.The stock was initially down after Tapestry trimmed its profit outlook for fiscal 2022, with lockdowns in China poised to dent consumer demand for its high-end purses…

Under Armour (UAA) reports sales below Wall Street estimates

Under Armour sees a tough year ahead, roiled by global supply chain challenges and another round of Covid lockdowns in China that are putting a dent in demand.The sneaker and apparel maker on Friday issued a disappointing outlook for its fiscal year 2023, after reporting an unexpected loss for the three months ended March 31 and sales that came in below Wall Street estimates.The news sent investors fleeing, with Under Armour shares ending Friday down 24%, at one point touching a 52-week low of $10.39. Also on Friday,…