Lowe’s, Macy’s report, crypto surges: Yahoo Finance

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Macy’S ニュース

Retail Sector,This Morning,Lowe’S

A key week for the retail sector continues with reports from both Lowe’s (LOW) and Macy’s (M) this morning. Lowe’s earnings topped estimates, but sales did...

) this morning. Lowe’s earnings topped estimates, but sales did fall year-over-year. Macy’s earnings topped expectations but reported a decline in fiscal first-quarter sales. Crypto is jumping this morning amid renewed hopes the SEC could approve Ether ETFs. Ethereum -- Copper surged to its highest-ever level, extending a months-long rally driven by financial investors who’ve piled into the market in anticipation of deepening supply shortages.

This DC woman moved from US to Belgium with her family — here's why she says it's worth the higher taxesSTOCK ALERT U.S. stocks are poised to open higher on Monday, ahead of the release of the Federal Reserve’s May meeting minutes, more retail earnings, and fresh housing data. On Sunday, at 6:15 p.m. Eastern time, Dow Jones Industrial Average futures were up 36 points, or 0.

The share repurchase "is consistent with our plan to return 75% to 100% of free cash flow to stockholders in the form of dividends and share buybacks", CFO Doug Bettinger said. The stock split is expected to be effective after the market close on Oct. 2, the company said.Bitcoin and other cryptocurrencies were falling Monday, with the crypto sector’s momentum still highly dependent on flows into exchange-traded funds.

Canadian banks are expected to set aside money for challenging days, which will hurt quarterly earnings, as investors await commentary on how the lenders will navigate a prolonged high interest-rate environment that has dented credit growth. The exception is Canada's No. 1 bank, Royal Bank of Canada, whose recent acquisition of HSBC's domestic unit is expected to benefit the bank.

 

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