5 Things to Watch on Wall Street This Week
From an established homebuilder going public to the leading used-car retailer slamming reporting quarterly results, there is plenty of news to come this week.
From an established homebuilder going public to the leading used-car retailer slamming reporting quarterly results, there is plenty of news to come this week.
The retailer was trading close to its 52-week low even before Wednesday's disappointing quarterly report when earnings grew by less than 2 percent to $232.8 million, despite seeing net sales climb 15 percent to top $2.7 billion.
Investors yanked money out of stocks Thursday after new reports from the U.S. and China pointed to a sharp slowdown in manufacturing. Losses in energy and materials companies led a widespread rout on the stock market.
Watch out, Cyber Monday: Green Monday is gaining traction with shoppers. Consumers flexed their thumb-shopping muscles on Dec. 12, Green Monday -- the second Monday in December that's become another big day for online holiday shopping.
Even as investors reel from the stock-market roller coaster this week, Wall Street is moving on, with plenty of news on the way. Next week will bring headlines about retail and gaming earnings, as well as quarterly reports from News Corp., SodaStream and some newly public Chinese firms.
Home retailers Bed Bath & Beyond and Pier 1 Imports are scheduled to post quarterly earnings this week, along with Monsanto, the biotech, agriculture and chemical giant. Here's what analysts expect to see.
Bed Bath & Beyond shares skidded more than 5% in premarket trading after the home furnishings retailer reported its first-quarter earnings late Wednesday. While the quarterly results were strong, the company issued a disappointing forecast for the second quarter.












