Bed Bath & Beyond on Thursday reported its first same-store sales increase in nearly four years, as its online business surged more than 80% during the quarter, as shoppers stocked up on disposable face masks, college dorm decor and patio furniture. Its shares surged more than 16% in premarket trading. The company said it saw 2
Month: October 2020
Challenger Job Cuts in the US rose modestly in September. S&P 500 futures are clinging to strong gains after the data. Planned job cuts in the US-based employers increased by 2.6% from 115,762 in August to 118,762 in September, Challenger Gray & Christmas announced in its latest Job Cut Report on Thursday. Commenting on the report, “The
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Month results are negative The month of September is now over and the major indices closed lower for the 1st time since March. Moreover the stocks posted the worst September performance since 2011. The good news is that the major indices close higher for the 2nd consecutive quarter and they also closed higher for the day
Trump signed the Executive Order on Wednesday in the US, so this is overnight news ICYMI. Trump to allow state-backed investments in critical minerals projects in Australia as part of a push to eliminate American industry’s reliance on Chinese suppliers Critical minerals, aka rare earths – China maintains control of about 80 per cent of