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Reuters - 1 week ago

Dollarama beats quarterly profit view on lower costs, stable demand

UPDATE 1-Dollarama beats quarterly profit view on lower costs, stable demand Recasts first paragraph, adds background from paragraph 2, details in paragraph 4,8 Sept 11 (Reuters) - Dollarama DOL.TO beat second-quarter profit estimates on Wednesday, helped by lower costs and stable demand for low-priced essentials like groceries. Consumers grappling with rising living costs have relentlessly bargain-hunted and traded down to cheaper alternatives.

Reuters - 1 week ago

Ross Stores Announces Merchandising Leadership Changes

BRIEF-Ross Stores Announces Merchandising Leadership Changes Ross Stores Inc ROST.O : ROSS STORES ANNOUNCES MERCHANDISING LEADERSHIP CHANGES Source text for Eikon: ID:nBwhH8Yva Further company coverage: ROST.O

Reuters - 4 weeks ago

Wall Street ends sharply higher as Powell cements September rate cut hopes

US STOCKS-Wall Street ends sharply higher as Powell cements September rate cut hopes Fed's Powell says 'time has come' to cut interest rates Small caps, regional banks surge Workday jumps after Q2 revenue beat, $1 bln share buyback plan Indexes up: Dow 1.14%, S&P 500 1.15%, Nasdaq 1.47% Adds details after market close By Stephen Culp NEW YORK, Aug 23 (Reuters) - U.S.

Reuters - 4 weeks ago

Wall Street ends sharply higher as Powell cements September rate cut hopes

US STOCKS-Wall Street ends sharply higher as Powell cements September rate cut hopes Fed's Powell says 'time has come' to cut interest rates Small caps, regional banks surge Workday jumps after Q2 revenue beat, $1 bln share buyback plan Updates to market close By Stephen Culp NEW YORK, Aug 23 (Reuters) - U.S. stocks rallied on Friday as dovish remarks from U.S.

Reuters - 4 weeks ago

Wall Street surges as Powell cements September rate cut hopes

REFILE-US STOCKS-Wall Street surges as Powell cements September rate cut hopes Corrects typo in paragraph 11 Fed's Powell says 'time has come' to cut interest rates Small caps, regional banks surge Workday jumps after Q2 revenue beat, $1 bln share buyback plan Indexes up: Dow 0.90%, S&P 500 0.88%, Nasdaq 1.21% By Stephen Culp NEW YORK, Aug 23 (Reuters) - U.S.

Reuters - 4 weeks ago

U.S. STOCKS US banks, LGI Homes, Intuit

BUZZ-U.S. STOCKS ON THE MOVE-US banks, LGI Homes, Intuit Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 All three major U.S. stock indexes gained more 1% on Friday, with the benchmark S&P 500 nearing an all-time high, after Federal Reserve Chair Jerome Powell said "the time has come" to reduce interest rates.

Reuters - 4 weeks ago

Ross Stores hits record high on annual profit forecast raise; brokerages lift PT

BUZZ-Ross Stores hits record high on annual profit forecast raise; brokerages lift PT Updates ** Ross Stores' ROST.O shares jump as much as 7.3 % to a record high of $163.60 i n afternoon trading ** The off-price retailer raises FY24 profit forecast and tops Q2 results, helped by strong demand and freight costs easing ** Co expects annual EPS in th

Reuters - 4 weeks ago

S&P 500 nears record high as Powell signals rate cut imminent

REFILE-US STOCKS-S&P 500 nears record high as Powell signals rate cut imminent Adds dropped word 'than' in paragraph 1 and corrects instrument code for Apple in paragraph 12 Fed's Powell says 'time has come' to cut interest rates Workday jumps after Q2 revenue beat, $1 bln share buyback plan Wall St's fear gauge eases after Powell's comments Indexes up: Dow 1.17%, S&P 500 1.14%, Nasdaq 1.49% By Medha Singh and Johann M Cherian Aug 23 (Reuters) - All three major U.S.

Reuters - 4 weeks ago

U.S. STOCKS Workday, Roku, Dexcom

BUZZ-U.S. STOCKS ON THE MOVE-Workday, Roku, Dexcom Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's stock indexes jumped on Friday, with the benchmark S&P 500 index nearing a record high, after U.S. Federal Reserve Chair Jerome Powell said "the time has come" to reduce interest rates.

Reuters - 4 weeks ago

S&P 500 nears record high as Powell signals imminent rate cut

US STOCKS-S&P 500 nears record high as Powell signals imminent rate cut For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Fed's Powell says 'time has come' to cut interest rates GM up after Cruise to offer robotaxis on Uber's platform Workday jumps after Q2 revenue beat, $1 bln share buyback plan Indexes up: Dow 0.7%, S&P 500 1.01%, Nasdaq 1.45% Updated at 10:05 a.m.

Reuters - 4 weeks ago

U.S. STOCKS Workday, CAVA Group, Roku

BUZZ-U.S. STOCKS ON THE MOVE-Workday, CAVA Group, Roku Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes were set to open higher on Friday ahead of a speech from Federal Reserve Chair Jerome Powell that investors expect will offer hints on the pace of rate cuts in the world's biggest economy.

Reuters - 4 weeks ago

Wall Street set for higher open as spotlight turns to Powell

US STOCKS-Wall Street set for higher open as spotlight turns to Powell For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Jackson Hole speech begins at 10 a.m. EDT (1400 GMT) GM up after Cruise to offer robotaxis on Uber's platform Workday jumps after Q2 revenue beat, $1 bln share buyback plan Futures up: Dow 0.39%, S&P 500 0.53%, Nasdaq 0.78% Updated at 8:15 a.m.

Reuters - 4 weeks ago

U.S. STOCKS Workday, CAVA Group, Roku

BUZZ-U.S. STOCKS ON THE MOVE-Workday, CAVA Group, Roku Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 U.S. stock index futures rose on Friday with investors awaiting Federal Reserve Chair Jerome Powell's comments at the Jackson Hole Economic Symposium for clues on interest-rate cuts in the world's biggest economy.

Reuters - 4 weeks ago

Futures rise with Powell speech at Jackson Hole in focus

US STOCKS-Futures rise with Powell speech at Jackson Hole in focus For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Jackson Hole speech begins at 10 a.m. EDT (1400 GMT) GM up after Cruise to offer robotaxis on Uber's platform Workday jumps after Q2 revenue beat, $1 bln share buyback plan Futures up: Dow 0.39%, S&P 500 0.58%, Nasdaq 0.89% Updated at 06:53 a.m.

Reuters - 4 weeks ago

Ross Stores gains on annual profit forecast raise; brokerages lift PT

BUZZ-Ross Stores gains on annual profit forecast raise; brokerages lift PT ** Ross Stores ROST.O shares jump 5.5% before the bell ** The off-price retailer raises FY24 profit forecast and tops Q2 results, helped by strong demand and freight costs easing ** Co expects annual EPS in the range of $6.00-$6.13, up from prior forecast of $5.79-$5.98 ** A

Reuters - 4 weeks ago

Futures firm as Powell set to take center stage at Jackson Hole

US STOCKS-Futures firm as Powell set to take center stage at Jackson Hole For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Futures: Dow up 0.27%, S&P 500 up 0.40%, Nasdaq up 0.64% Aug 23 (Reuters) - U.S. stock index futures edged higher on Friday with investors awaiting Federal Reserve Chair Jerome Powell's comments at the Jackson Hole Economic Symposium for clues on interest-rate cuts in the world's biggest economy.

Reuters - 4 weeks ago

U.S. Advance Auto Parts, Chewy, Workday

U.S. RESEARCH ROUNDUP-Advance Auto Parts, Chewy, Workday Aug 23 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Advance Auto Parts, Chewy and Workday, on Friday. HIGHLIGHTS * Advance Auto Parts Inc AAP.N : JP Morgan cuts target price to $43 from $55 * Chewy CHWY.N : Piper Sandler raises to overweight from neutral * Intuit Inc INTU.O : Jefferies raises target price to $790 from $770 * Williams-Sonoma Inc WSM.N : TD Co

Reuters - 4 weeks ago

Ross Stores Inc reports results for the quarter ended in July - Earnings Summary

Ross Stores Inc reports results for the quarter ended in July - Earnings Summary Ross Stores Inc ROST.OQ reported quarterly adjusted earnings of $1.59 per share for the quarter ended in July, higher than the same quarter last year, when the company reported EPS of $1.32. The mean expectation of nineteen analysts for the quarter was for earnings of $1.50 per share.

Reuters - 4 weeks ago

Ross Stores lifts profit view on firm demand for discounted apparel

UPDATE 1-Ross Stores lifts profit view on firm demand for discounted apparel Adds analyst comment in paragraphs 5, 8 By Savyata Mishra Aug 22 (Reuters) - Ross Stores ROST.O raised its fiscal 2024 profit forecast and posted second-quarter results above Wall Street estimates on Thursday, benefiting from demand for its discounted apparel and easing freight costs.

Reuters - 4 weeks ago

Ross Stores jumps after raising full-year profit forecast

BUZZ-Ross Stores jumps after raising full-year profit forecast ** Shares of off-price retailer Ross Stores ROST.O up ~6.3% at $162.10 in extended trading ** Co mpany now sees full-year EPS in the range $6 to $6.13, vs $5.79 to $5.98 expected earlier ** ROST's Q2 sales came in at $5.3 bln, up from $4.9 bln, a year earlier ** Company reports Q2 EPS $

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