Entries by MT Newswires

Walmart Reports Fourth-Quarter Earnings, Revenue Topping Forecasts as Comp Sales, E-Commerce Jump

9:14 AM, Feb 19, 2019 — Walmart (WMT) on Tuesday reported fourth-quarter earnings and revenue that both topped forecasts as comparable sales and e-commerce surged. The retailer reported earnings of $1.41 a share, topping the consensus on Capital IQ for $1.33 a share. Revenue came in at $138.8 billion, beating forecasts for $137.6 billion. Shares […]

Weekly Commodities ETF Report: Crude Hits Highest Level So Far in 2019 on OPEC-Led Production Cuts; Gold Rises on Progress in US-China Trade Talks

(MT Newswires) – Crude prices ended Friday’s session higher and the week in positive territory, briefly hitting 2019 highs above $65 per barrel earlier in the week, helped by supply cuts led by The Organization of the Petroleum Exporting Countries (OPEC) and the announcement of an even deeper cut by Saudi Arabia. OPEC cut nearly […]

Under Armour Quarterly Results Could Be ‘Lackluster’ Amid Losses to Nike, Lululemon, Canaccord Says

2:28 PM, Feb 11, 2019 — Under Armour (UAA) is believed to be losing North American market share to rivals Nike (NKE) and lululemon athletica (LULU), according to Canaccord Genuity, which is expecting Tuesday’s pre-market earnings report to be “lackluster”. There’s a lack of compelling product or creative direction, while overall growth is “anemic” in […]

Weekly Commodities ETF Report: Fears of Economic Slowdown, US-China Trade Talk Tensions Drive Most Commodities Lower

(MT Newswires) – Crude prices ended Friday’s session higher but ultimately ended the week in the red as concerns about a possible drop in energy demand due to a global economic slowdown and the ongoing US-China trade dispute continue to weigh on the commodity. Although prices have been moving up at times amid expectations the […]

Weekly Commodities ETF Report: Sanctions on Venezuela, Tighter Production Boost Crude Prices; Gold, Soybeans Gain on Strong Economic Data, Progress in Trade Talks

(MT Newswires) – Crude prices ended Friday’s session higher as tighter US sanctions on Venezuela’s access to the global financial system and reduced exports by Saudi Arabia to the US combined for unexpected tightness in supplies for US refiners.  The Organization of the Petroleum Exporting Countries (OPEC) and its allies also appear to be making […]