|
European markets head for lower open as omicron Covid variant fears return CNBCDow Falls More Than 400 Points as Omicron Fuels Volatility The Wall Street JournalAussie, rand flounder as Omicron spooks investors ReutersLesson One From the Omicron Drop: Markets Don't Like Bad News The Wall Street JournalJPM's Kolanovic Says Buy the Dip, Omi
|
|
 U.S. stock futures pointed to a stronger start Thursday, in what's emerging as an increasingly volatile market.
|
|
Disney names Susan Arnold to succeed Bob Iger as board chair Fox BusinessSusan Arnold to Succeed Bob Iger as Disney Chairman Bloomberg Markets and FinanceDisney elects woman as chairman for first time in 98-year history BBC NewsDisney names Susan Arnold as board chair, replacing Bob Iger CNBCBREAKING NEWS: Disney Chairman of the Board Vote SURPRISE! MiceChat
|
|
Apple may have a problem with iPhone demand as well as supply The VergeApple Tells Suppliers IPhone Demand Slowing as Holidays Near BloombergApple tells suppliers demand for iPhone 13 lineup has weakened - Bloomberg News ReutersApple Is Said to Tell Suppliers IPhone Demand Has Slowed Bloomberg Markets and FinanceBloomberg: Apple warns suppliers about diminishing iPhone 13 demand due to wait times during chip shortage 9to5Mac
|
|
Fed's Powell pledges faster tapering timeline won't 'disrupt' markets Fox BusinessWhat Fed Chair Jerome Powell's hawkish turn means for market volatility into year-end CNBCGold Prices Sink as Powell's Pivot Lifts Treasury Yields. Will XAU/USD Go Lower? DailyFX'Transitory' Inflation: Fed's Powell Is Right to Retire the Term Bloomberg
|
|
Capital gains aren't the only factor to consider in anticipating the tax burden of an inherited home.
|
|
 Shares of Five Below Inc. rallied more than 10% in the extended session Wednesday after the discount retailer reported third-quarter results above Wall Street expectations despite "challenging" supply-chain snags. Five Below said it earned $24.2 million, or 43 cents a share, in the quarter, compared with $20.4 million, or 36 cents a share, in the year-ago period. Sales rose 28% to $608 million, the company said, with same-store sales up 15%. Analysts polled by FactSet expected Five Below to report earnings of 29 cents a share on sales of $564 million. Five Below opened 52 new stores and ended the quarter with 1,173 stores in 40 states, a 15% increase in stores from the end of the third quarter of fiscal 2020, the company said. "We delivered record-setting third quarter performance on top of a record third quarter last year," Chief Executive Joel Anderson said in a statement. "These results reflect the phenomenal execution by our teams in a challenging supply-chain environment." Five Below guided for sales between $985 million and $1.005 billion for the fourth quarter, and diluted EPS between $2.36 and $2.48. For the full year, the company said it expects net sales between $2.837 billion and $2.857 billion, and EPS between $4.82 and $4.94. Shares of Five Below ended the regular trading day down 7%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
|
RELATED ARTICLES | | |
|
