Page 85 - Gross Margin News Today

Today, the most salient gut wrenching story is this shocking decline in the business in the stock of the iconic retailer that is macys. While few people actually expected macys to do well in an environment where the globe seems to be warming right in front of our very eyes, todays sharp selloff on some really bad earnings kind of took our breaths collectively away. As the chairman and ceo said at the very beginning of his really i think very disconcerting Conference Call, we had a very tough qua...

Our top story oil prices. Rising for the first time in 8 days. Among reasons the American Institute says u. S. Crude stocks fell last week dropping by 3. 9 million barrels. Oil prices right now, up about 2. 5 for wti, 31. 2. Well have more on that story in a minute along with what the Energy Expert told cnbc this morning about where he sees prices going from here. But first heres the other big stories. China central bank holding the line again on the currency of the yuan for the fourth straight ...

A flood of corporate headlines this morning. News to bring you on ge, intel, Goldman Sachs and many other closely followed names. But first our top story. Market turmoil. U. S. Equity futures pointing sharply lower as you can see. 243 points were expected to open down for the dow. The nasdaq down by around about 80 points and the s p expected to open down by about 28 points. Lets have a look at oil price which is have corrected to the down side today. A little bit of a bounce yesterday of course...

Continue to linger over iphone sales and whether this companys best days are behind it whavm. Whats going to happen today. A lot of us were talking about this a week or so ago when the stock is trading 94 a share i think. Here it is 101 yesterday and trading around 100 today. What you wonder about is was a lot of this already priced in. A lot of us agreed a lot of this is probably already priced in so are we expecting them to have a blowout quarter . Absolutely not. Are they going to probably re...

Nearly at session lows. , this is the lowest we have seen since november of 2003. A fresh low. Confined to the United States. It is spreading around the world, from europe to asia. Lets take a look at european stocks. You can see that from april 1 two now, they europe stoxx 600 from april 1 until now, the europe stoxx 600 is down. Dragona, it is exit the and enter the bear. Take a look at the shanghai composite. It is now at the 2900 mark, down about 13 . U. S. Majors year to date, all down. And...

Let me go over what needs to happen before stocks can stop going down. First, we wanted a better narrative out of the Federal Reserve. Someone on twitter said why do you use the word narrative instead of story . All right. We wanted a better story out of the fed reserve. We wanted them off the nation of raising rates at a gradual pace because we are worried about inflation. You can parse the fed statement all you want. Its exactly that. They didnt rule out a march hike. Shame on them. If jobless...

Of course, weve got Apple Earnings and the markets. Were talking about donald trump. Good morning. Welcome to Worldwide Exchange on cnbc. Im sara eisen. And im wilfred frost. A very busy morning on the news front. Lets get straight to it. While you were sleeping, heres whats happened in asian trade. China stocks closing lower but off their worst levels of the session. The shanghai comp down by more than 4 at one point. The countrys main index have now lost 2 trillion so far this year. New data t...

Interest rates today. It left stocks sinking back into oblivion after a rally yesterday. S p sinking. The nasdaq plummeting 2. 18 . [ house of pain ] i have often commented the bear market needs to run the course before we can get on terra firma. Let me go over what needs to happen before stocks can stop going down. First, we wanted a better narrative out of the Federal Reserve. Someone on twitter said why do you use the word narrative instead of story . All right. We wanted a better story out o...

To say much. Boeing is falling on earnings what has shares taking a dip . And its fed day what to expect from janet yellen this afternoon and what the Global Markets want to hear. Apple is up first reporting a quarterly revenue miss and the slowest growth for iphone sales since the device was introduced back in 2007. 74. 8 million iphones were sold in apples first fiscal quarter. The Company Forecasting revenue will drop in the Current Quarter for the first time in 13 years. Tim cook spoke about...

Shame on them. If jobless claims spike again tomorrow want to know if the analal fed members are really ready to tighten again despite digital deflation everywhere. In fact, i thought the whole statement was downright wkish and bad for workers. The fed still thinks inflation could be a problem despite the decline in oil which doesnt seem to take seriously and doesnt see a cessation in hiring. Good luck. Box made worse, dare i say they know nothing. Second. I want to see an end to political uncer...