DICK’S Sporting Goods Inc.

These stocks are cheap even if there is a recession, UBS says

UBS ran a screen and found a basket of stocks that are cheap — even if the economy falls into a recession. The investment bank took a peek inside markets to find sectors that are overly beaten up to discount the risk of a downturn. Stocks remain at depressed levels even with last month’s rally, …

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Small cap stocks that could outperform in a recession

Large-cap stocks are typically seen as safe bets in periods of volatility, but a slew of Wall Street pros think small caps are looking increasingly attractive as recession risks grow. Small-cap stocks have often received less love compared to their larger counterparts given the former’s perceived earnings volatility, greater domestic bias, and lower visibility. They …

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Target will cover employees’ travel to other states for abortions

A person walks into a Target store in Washington, DC, on May 18, 2022. Stefani Reynolds | AFP | Getty Images Target will cover employees’ travel if they live in a state where abortion is banned, according to a company memo obtained by CNBC. The new policy will take effect in July, according to the …

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Prologis, major Amazon warehouse landlord, to buy Duke Realty for $26 billion

Signage outside a Prologis warehouse occupied by Kuehne + Nagel in Redlands, California, US, on Sunday, Nov. 7, 2021. Fallout from the global supply-chain crisis is clogging US ports, pushing warehouses to capacity and forcing logistics managers to scramble for space. Roger Kisby | Bloomberg | Getty Images Warehouse giant Prologis said Monday that it …

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Why Nvidia’s rise could signal a change in this jittery market

With Nvidia (NVDA) the dichotomy between the short-sighted traders and the eyes-on-the-prize investors —like our Club members — continues. As much as the positive reaction on Wall Street to Broadcom (AVGO) buying VMware (VMW) and the excellent earnings of Dollar Tree (DLTR) say about the psyche of the market, the remarkably Lazarus-like move of the …

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Dow books 4th day of gains, stocks rally after Fed minutes signal flexibility on interest rate hikes

Stocks closed higher Wednesday as investors took away a message of flexibility from the release of minutes of the early May Federal Reserve meeting about its path to higher interest rates. How did stocks trade? The Dow Jones Industrial Average DJIA rose 191.66 points, or 0.6%, ending at 32,120.28. The S&P 500 SPX gained 37.25 …

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Dick’s Sporting Goods, Nordstrom, Wendy’s and more

Cars are seen parked in front of a Dick’s Sporting Goods store at Monroe Marketplace in Pennsylvania. Paul Weaver | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading Wednesday. Dick’s Sporting Goods – Shares of the sporting goods seller jumped 9.7%, despite the company cutting its outlook …

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Dick’s Sporting, Express, Wendy’s and more

Check out the companies making headlines before the bell: Dick’s Sporting Goods (DKS) – The sporting goods retailer’s shares slide 14.4% in the premarket after it issued a weaker-than-expected outlook for the full year as it adjusts for what it calls challenging macroeconomic conditions. Dick’s reported better-than-expected profit and revenue for its latest quarter, and …

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5 things to know before the stock market opens Wednesday, May 25

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Nasdaq futures slide, a day after tech-heavy index sank more than 2% Traders on the floor of the NYSE, May 23, 2022. Source: NYSE US stock futures fell Wednesday, one day after the Nasdaq dropped 2.4% as …

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Dick’s Sporting Goods (DKS) Q1 2022 earnings top estimates, outlook cut

A Dick’s Sporting Goods store stands in Staten Island on March 09, 2022 in New York City. Spencer Platt | Getty Images Dick’s Sporting Goods on Wednesday reported results for its fiscal first quarter that topped Wall Street’s expectations, as shoppers spent money on golf clubs, soccer gear and athletic apparel from brands like Nike …

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