Walmart’s online shopping strategy is paying off in China, arguably one of the most developed e-commerce markets in the world.
European markets slightly higher after record highs on Wall Street; Maersk up 4.8%
European stocks retreated slightly on Wednesday morning, pausing after a strong session stateside that saw the S&P 500 hit a fresh record high.
Stay-at-home retail trades are in the ‚early innings,‘ retail analyst Dana Telsey says
Telsey Advisory Group CEO Dana Telsey lists which retailers should see strong profits beyond earnings season.
S&P 500 hits fresh record high as Target leads retail shares higher, Dow rises 100 points
On Tuesday, the S&P 500 rose to its highest level ever, gaining back all of the index’s coronavirus-related losses.
Target CEO credits canceled vacations, not stimulus checks, for blowout quarter
Target CEO Brian Cornell said Americans shopped because they couldn’t go on vacation or spend money on typical summer activities during the pandemic.
Target reports a monster quarter — profits jump 80%, same-store sales set record
Target reported dramatic growth among its online services, such as curbside pickup, and had sales growth across all of its merchandise categories.
Lowe’s reports blow-out quarter with 30% surge in revenue
Lowe’s said its second-quarter revenue surged 30% as consumers shifted spending from restaurants and travel to home improvement projects during the coronavirus pandemic.
Walmart says its second-quarter e-commerce sales surged 104% in China
Walmart’s online shopping strategy is paying off in China, arguably one of the most developed e-commerce markets in the world.
White House chief of staff Meadows: Let’s pass a ’skinny bill‘
Mark Meadows comments to Fox News in an interview
– Says will be here until Saturday, hopes that Democrats will as well
– Says private talks with Democrats have gone extremely well
It is pretty much the same old brand new story day in, day out. As much as Meadows is touting that talks are going well, a
– Says will be here until Saturday, hopes that Democrats will as well
– Says private talks with Democrats have gone extremely well
It is pretty much the same old brand new story day in, day out. As much as Meadows is touting that talks are going well, a
ForexLive European FX news wrap: Currencies mixed, stocks muted in quiet trading
Forex news from the European trading session – 19 August 2020
Headlines:
Markets:
– NZD leads, GBP lags on the day
– European equities a little higher; E-minis up 0.1%
Headlines:
Markets:
– NZD leads, GBP lags on the day
– European equities a little higher; E-minis up 0.1%