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Daily Archives: February 21, 2018

It’s a Roller Coaster Ride For Markets Ahead of Today’s Fed Minutes

Weekly ArticlesBy Seth GoldenFebruary 21, 2018

Equity Futures in the U.S. are once again lower after recapturing nearly 5% of its rapid 10% correction. Asian markets finished sharply higher overnight, but European equities are not following suit as the DAX, FTSE and CAC are all lower this morning. And this, for U.S. investors, comes ahead of the all-important Fed minutes to…

Wal-Mart Plunges As Earnings Miss and Ecommerce Sales Slow

Weekly ArticlesBy Seth GoldenFebruary 21, 2018

Wal-Mart surprised the market with an earnings miss, as adjusted per-share earnings came in at $1.33, below the $1.37 consensus of analysts polled by FactSet. The miss overshadowed a revenue beat. Wal-Mart reported strong holiday sales Tuesday, but said online sales growth slowed during the quarter. The retail giant reported same-store-sales (SSS) rose 2.6% in the…

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