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By Jharonne Martis Retailers continue to report Q1 2019 earnings, and 35 retailers have mentioned tariffs during their Q1 earnings call. The department stores really struggled and posted weak results on May 21. JW Nordstrom (JWN) said during its earnings call, "during the first quarter, we...
There are some significant pullouts from Target's (NYSE: TGT ) earnings report today that could be positive for the retail sector in general. More news on: Target Corporation, Walmart Inc., Dollar General Corporation, Consumer stocks news, Top stock market news, News on ETFs Read more ....
By Jharonne Martis U.S. retailers are reporting Q1 2019 earning, and are already warning about tariffs in a possible U.S.-China trade war. Macy's ([[M]]) called it "a dynamic situation," right at the beginning of its earnings call. The tariffs enacted in 2018 were already baked into Macy's...
By Robert Hughes Retail sales and food services spending fell 0.2 percent in April following a 1.7 percent gain in March. Excluding the volatile auto and energy categories, core retail sales and food services were down 0.2 percent in April after a gain of 1.1 percent in March. Over the pas...
Retail sales fell 0.2% month-over-month in April and were up 3.2% on a year-over-year comparison. More news on: Walmart Inc., Target Corporation, Dollar General Corporation, News on ETFs Read more ...
By Ansh Chaudhary For the month of April, the ETF Deathwatch increased in size. Thirty exchange-traded products ("ETPs") were added to the list, and 26 funds were removed, making April a busier month in terms of additions. Of the removals, eight were removed due to increased health and 18 ...
By Jharonne Martis The Q1 2019 retail blended earnings growth estimate is 6.3%. In the U.S. retail landscape, ongoing strength in consumer spending continued in Q1, but is the economy's strength sustainable? Let's dig in and see: The Refinitiv consumer confidence index remained stron...
The National Retail Federation issues a statement on the impact of new tariffs on China. More news on: Consumer Discretionary Select Sector SPDR ETF, SPDR S&P Retail ETF, Vanguard Consumer Discretionary ETF, News on the U.S. economy, News on ETFs Read more ...
Amazon's potential shift to one-day shipping for Prime members isn't going unnoticed in the retail sector. More news on: Target Corporation, Walmart Inc., Dollar General Corporation, Consumer stocks news, Top stock market news, News on ETFs Read more ...
Nothing will ever compare to China's New Year Golden Week holiday for challenging economic statistics. Since the celebrations are not affixed to a specific point on the calendar, floating around back and forth some years between January and February, it makes making comparisons of those months...
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Index-based ETFs that provide exposure to companies engaged in streaming & gaming, future vehicles and e-commerce First Trust Advisors L.P. (“First Trust”), a leading exchange-traded fund (“ETF”) provider and asset manager, announced today...
First Trust Nasdaq Retail ETF (Nasdaq: FTXD) (the “Fund”), an exchange-traded index fund and a series of First Trust Exchange-Traded Fund VI (the “Trust”), previously announced changes to its investment objective, the Fund’s name and its ticker symbol....
First Trust Advisors L.P. ("FTA") announces the declaration of distributions for 115 exchange-traded funds (each a “Fund,” collectively, the “Funds”) advised by FTA. The following dates apply to today's distribution declarations: FTA is a federally registe...