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Kohl's soars 36% as the department store chain receives 2nd takeover bid

Kohl's stock surged to an 8-month high and the retailer has acknowledged receiving buyout bids.

Carla Mozée   


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Kohl's tumbles 15% as Bank of America downgrades the stock to 'underperform' on supply chain issues hindering long-term growth

Port congestion and a longer-than-expected closure of factories in Vietnam due to the spread of COV…

Matthew Fox   


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Kohl's fourth-quarter earnings topped analysts' estimates, as customers turned to online shopping during the pandemic

Kohl's has been doubling down on cookware, kitchen electrics, beauty products, athleisure apparel, …

Kate Duffy,Reuters   


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3 mins read

US futures trade mixed after stocks hit record highs, while bitcoin continues to slide

Stocks have remained buoyant on the back of strong earnings and economic optimism. But crypto has t…

Harry Robertson   


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Kohl's surges 10% after BofA upgrades to buy as retailer sees 'superior reopening trends' versus peers

Kohl's off-mall format and its geographic positioning puts the company "in a good position to recap…

Matthew Fox   


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The so-called reopening trade surges on Moderna vaccine trial success

The reopening trade consists of stocks that would benefit from the US economy returning to normal f…

Carmen Reinicke   


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Tesla soars as much as 13% after the automaker nabs a spot on the exclusive S&P 500 index

"This sort of gain is actually more than the market cap of Moderna which is pretty stunning," Deuts…

Shalini Nagarajan   


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Nearly half of Bed Bath and Beyond's products are out of stock as the retailer nears bankruptcy

Bed Bath & Beyond's inventory availability rate was much lower than Kohl's, Lowe's, Home Depot, and…

Ben Tobin   


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US stocks closed mixed in volatile session but S&P 500 avoids stepping into bear market

Weekly jobless claims rose to their highest since January while the Philly Fed said manufacturing a…

Carla Mozée   


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Stocks extend sell-off after rise in jobless claims, with S&P 500 heading toward bear market

Stocks continue to fall after notching their worst day since 2020 in the previous session. Weekly j…

Carla Mozée   


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US stocks rebound to end higher, led by tech shares as Twitter accepts Elon Musk's takeover bid

The S&P 500 avoided stretching its losing streak into a fourth session. The Nasdaq jumped as invest…

Carla Mozée   


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US stocks slump as Fed officials see more rate hikes in the pipeline to tame inflation

Alongside Fed speakers, investors assessed mixed quarterly results from retailers Macy's and Kohl's.

Carla Mozée   


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US stocks close mixed as retail earnings point to consumer resilience but inflation concerns persist

Consumer discretionary stocks led gains on the S&P 500, with Macy's and Kohls climbing after strong…

Carla Mozée   


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US stocks rise on labor-market optimism as jobless claims hit another pandemic low

Macy's and Kohl's helped support the move higher in stocks Thursday, continuing a string of strong …

Carla Mozée   


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3 mins read

US stocks fall as comments from Fed officials dash hopes for a pivot on rate hikes

Recession concerns were on display in Treasury yields with the one-year yield and the 10-year yield…

Carla Mozée   


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Dow falls 546 points as consumer stocks dragged by supply-chain worries to close 3rd quarter

Shares of Bed Bath & Beyond and Kohl's sank as retailers head into the crucial last three months of…

Carla Mozée   


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US stocks stage blazing comeback, finish in positive territory after Dow sell-off that reached 1,115 points

At session lows on Monday, the S&P 500 was in correction and the Nasdaq had fallen as much as 5%.

Carla Mozée   


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RETAIL ROUT: Bed Bath & Beyond, Kohl's, and JCPenney slip on dismal earnings and weak holiday sales

Also on Thursday morning, Kohl's and JCPenney both released holiday 2019 sales numbers. Kohl's repo…

Carmen Reinicke   


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US stocks climb as investors look past civil unrest to the economy reopening

The stock market has largely overlooked violent protests and riots in the US, but some experts stil…

Carmen Reinicke   


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Tesla stock tanks 21%, erasing $82 billion of market value as tech sell-off rages

Elon Musk's electric-vehicle maker took a tumble on Tuesday as investors dumped tech stocks once ag…

Theron Mohamed