Hits: 2 Shortly after the opening bell Wednesday, we will buy 75 shares of TJX Companies (TJX) at roughly $73.50. Following today’s trade, Jim Cramer’s Charitable Trust will own 875 shares of TJX, increasing its weighting in the portfolio to about …
Kellogg’s snacking unit, which includes Cheez-It and Pringles, gets a new name: Kellanova
Hits: 2 In this article K Follow your favorite stocksCREATE FREE ACCOUNT Kellogg brand Cheez-it crackers arranged at a supermarket in Dobbs Ferry, New York, US, on Wednesday, June 22, 2022. Kellogg Co. said it will split into three independent …
America’s biggest companies say retail crime is an epidemic, but just how big of a problem is it?
Hits: 4 In this article CVS BBY LOW WMT WBA HD Follow your favorite stocksCREATE FREE ACCOUNT America’s biggest retailers say organized retail crime has grown into a multibillion-dollar problem, but the effectiveness of their strategies to solve it and …
Unfairly swept up in Wednesday’s sell-off, these stocks now look more attractive
Hits: 3 Credit Suisse (CS) spooked Wall Street on Wednesday after the Swiss bank’s largest backer said it wouldn’t provide more financial support, with the Dow falling more than 700 points at its low. The sell-off, however, made many of …
Retailers see a tough year ahead, so they’re rolling out the recession playbook
Hits: 2 In this article WMT TGT Follow your favorite stocksCREATE FREE ACCOUNT A woman carries bags of merchandise from J.Crew, Nordstrom, UGG, and Victorias Secret at the King of Prussia Mall on December 11, 2022 in King of Prussia, …
The Club’s recession-resistant retail stocks won’t be hurt by a ‘more reluctant’ U.S. consumer
Hits: 4 American shoppers dramatically reined in spending in February compared with the start of the year, amid persistently high inflation. But the Club’s defensive retail stocks, from discounter Costco Wholesale (COST) to coffeemaker Starbucks (SBUX), should continue to attract …
Zipline unveils P2 delivery drones that dock and recharge autonomously
Hits: 4 Logistics startup Zipline has flown more than 38 million miles with its autonomous electric delivery drones since the company was founded in 2014. Zipline put its first fleet to work in Rwanda, delivering blood and other health supplies …
Here’s how we navigated three sessions of SVB-sparked chaos and Tuesday’s bounce
Hits: 4 Wall Street mounted a relief rally Tuesday, following three straight sessions dominated by the woes of now-collapsed Silicon Valley Bank. Confronted with the ensuing spike in market volatility, we sought to be discerning with our Club portfolio and, …
Michael Jordan’s ‘Last Dance’ sneakers are going up for auction
Hits: 3 Michael Jordan’s 1998 NBA Finals Game 2 Air Jordan 13s from ‘The Last Dance’ season are expected to sell for $2/4 million. Courtesy: Sotheby’s An iconic pair of Air Jordan sneakers is going up for sale and is …
Adidas warns of first annual loss in three decades and cuts dividend after Ye split
Hits: 1 “The numbers speak for themselves. We are currently not performing the way we should”, Adidas CEO Bjørn Gulden said in a press release. Jeremy Moeller / Contributor / Getty Images Adidas on Wednesday reported a big fourth-quarter loss …