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Online pet care retailer Chewys shares dropped 4% as of 1 p.m. EDT on Friday, with a 19% drop since July 16. The decline is attributed to Chewy trading in sympathy with Amazon, which missed sales exp...
Economy Posts
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The Nasdaq Composite is on track to fall into a correction on Wall Street due to weak jobs numbers and Amazon and Intels downbeat forecasts. The tech-heavy index confirmed it is in a correction after...- Published on
The Treasury market has accelerated as softening US employment data has fueled speculation that the Federal Reserve will start aggressively cutting interest rates to keep the economy from stalling. Th...- Published on
US retailer J. Crew is considering refinancing a loan used to exit bankruptcy four years ago, according to sources. In order to refinance the debt, Goldman Sachs is pre-marketing a $400 million term l...- Published on
One of the top trucking companies, Old Dominion Freight Line, has persevered during a slowdown. July saw a 19% increase in the companys shares following a second-quarter profit that exceeded expectat...