Setup News Ticker
Searching for 'market Stocks'. (Return)

MarketWatchMay 27, 2022
The Tell: Forget the ‘Fed put.' This is how corporate buybacks could rescue the stock market.
A team of analysts at JPMorgan told clients to expect a near-term rally in stocks as corporations regain their appetite for buying back their own shares

Yahoo BusinessMay 27, 2022
These Stocks Could Pop if the Fed Keeps Its Hands off the Market

3 Unstoppable Stocks That Are Higher Than Before the Market Correction (The Motley Fool)

MarketWatch MarketPulseMay 27, 2022
Hibbett shares fall premarket after profit miss as higher costs and lower discretionary income weigh
Hibbett Inc. shares slid 4% in premarket trade Friday, after the sporting goods retailer missed profit estimates for its fiscal first quarter amid rising costs. The company posed net income of $39.3 million, or $2.89 a share, for the quarter to April 30, down from $84.8 million, or $5.00 a share, in the year-earlier period. Sales fell to $424.1 million from $506.9 million a year ago. The FactSet consensus was for EPS of $3.05 and sales of $418.0 million. Gross margin fell to 37% of net sales from 41.4% a year ago. The roughly 440 basis point decline was due to the deleverage of store occupancy, higher product costs and higher freight and transportation costs. SG&A costs were 22.5% of net sales compared with 18.1% a year ago. "Our customers spending habits were affected by lower discretionary income due to the absence of stimulus payments received in the first quarter of last year," CEO Mike Longo said in a statement. "We are pleased to report that the supply chain disruption we experienced at the end of last year has improved and our current inventory position is strong and consistent with our forecast." Inventories rose by about $94 million in the quarter, much of it arriving late in the period. That helped the company replace high demand products that leave it well placed to meet its sales targets for the year. "Looking ahead, we remain on track to achieve the Fiscal 2023 guidance we outlined last quarter," said Longo. That guidance is for sales to be relatively flat versus fiscal 2022 and for EPS to range from $9.75 to $10.50, compared with a FactSet consensus of $9.75. Shares have fallen 29% in the year to date, while the S&P 500 has fallen 15%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.

stockmarket Buy Earnings Higher Dividend
Marketstock Stocks Dow Futures premarket
StocksBuy Market making biggest moves
ChinaPacific tech tour CNN fears
inflationFed gauge Preferred Stocks shows
sharesearnings Cannabis fall profit Aurora
TwitterMusk Board Elon Stocks making
DowDown Stocks Market Jones shares
MemorialDay weekend Sales prices Market
HigherStock Stocks Market Nasdaq inflation

Top News (Business News)
Accounting Today
AdWeek News
Banking Business Review
Barron's This Week Magazine
Barron's Up and Down Wall Street Daily
Brad Ideas
Chicago Tribune Business News
CNBC Business
CNBC Economy
CNBC Finance
CNN/Money Real Estate News Analysis Indicators
Enterprise Application News
Forbes Headlines
Forbes Social Media News - China, Economy & Trade - Financial Markets - Hedge Funds - Telecoms - US
Google Business News
Google Market News
HBS Working Knowledge
INSEAD Knowledge
International Tax Review
L.S. Starrett News
MarketWatch Breaking News
MarketWatch MarketPulse
McKinsey Quarterly Business
Nielsen Trends
NonProfit Times
NPR Topics: Business
NYTimes Business
Private Equity Breaking News
Reuters Business
Reuters Company News
Reuters Money Updates: News Digest
Tax Policy News
The Economist International News
The Motley Fool
USA Today Money
Wall Street Journal US Business
Wall Street Transcript
Washington Post Business
WSJ Asia
WSJ Europe
WSJ MoneyBeat
WSJ Opinion
WSJ World Markets
Yahoo Business
  • CEOExpress
  • 1 Boston Place | Suite 2600
    Boston MA 02108
  • Contact
  • As an Amazon Associate
    CEOExpress earns from
    qualifying purchases.

©1999-2022 CEOExpress Company LLC