forecasts

Nationwide Insurance Chief Economist Encourages Conditional Retail Forecasts
Nationwide Insurance Chief Economist Encourages Conditional Retail Forecasts
June 29, 2020  |  Retail

Retailers looking for the shape of an economic recovery have had several letters to choose from. There’s the “hoped for” V-shaped recovery that heralds a...

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Analysts Lower Wells Fargo Rating, Saying Road To Recovery Will Be Tough
Analysts Lower Wells Fargo Rating, Saying Road To Recovery Will Be Tough
May 05, 2020  |  Bank Regulation

Analysts at UBS Securities lowered Wells Fargo’s rating and earnings forecast, saying the bank will have a tougher time bouncing bank from the coronavirus pandemic —...

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Stitch Fix Shares Nosedive Following Missed Q2 Forecast
Stitch Fix Shares Nosedive Following Missed Q2 Forecast
March 10, 2020  |  Subscription Commerce

The online personal styling service Stitch Fix saw its shares plummet more than 30 percent on Tuesday (March 10) after the startup’s second-quarter sales for...

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Q4 Economic Readings May Show Growth, After All
Q4 Economic Readings May Show Growth, After All
December 03, 2019  |  Economy

From no growth to, well, growth. From economic doldrums to a healthy, if not robust, picture. On the heels of Black Friday and Cyber Monday,...

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Analysts Report Brisk Demand For Latest iPhone 
Analysts Report Brisk Demand For Latest iPhone 
September 17, 2019  |  Apple

Pre-sales for Apple’s new iPhone are beating expectations and topping last year’s pre-orders for the same time period, Reuters reported on Tuesday (Sept. 17). Independent...

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Citigroup Consumer Unit May Miss 2020 Goals
Citigroup Consumer Unit May Miss 2020 Goals
March 31, 2019  |  Banking

Citigroup, the third-largest bank in the U.S., could miss the financial targets for 2020 in the consumer division, reported The Financial Times. Despite the report...

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Card Spend Pushes Amex Top/Bottom Lines Above Consensus
Card Spend Pushes Amex Top/Bottom Lines Above Consensus
April 20, 2017  |  Market Conditions

With Costco increasingly in the rearview mirror, American Express hurdled Street estimates, as members spent more both here and abroad.   

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