Pier 1 Plummets Amid Sales Slump and Plans to Close 450 Stores
The struggling retailer plans to close nearly half its locations after comparable-store sales fell 11.4% in the latest quarter.
Boeing, Netflix, Amazon, FedEx and Wall Street Records - 5 Things You Must Know Tuesday
U.S. stock futures trade lower Tuesday, a day after Wall Street's fresh record highs; Boeing will halt production of its troubled 737 MAX model in January; FedEx reports earnings; Netflix discloses overseas membership numbers.
Pier 1 Imports Shares Crash After Losing More Money Than Expected
The embattled Pier 1 Imports continues to see massive losses, causing the stock to crater.
Trump and Impeachment, Nike, Amazon, AT&T, WeWork - 5 Things You Must Know
U.S. stock futures point lower after Democrats in the House said they will proceed with an 'official' impeachment probe of Donald Trump; Nike rises on a strong earnings beat and powerful growth in Asia; Amazon is expected to unveil health wearables at its hardware event in Seattle.
Rising Tide of Retail Stocks Lifts Pier 1 Stock Nearly 23%
Retail sector's rally pushes PIR up 22.6% just two weeks after NYSE threatened to delist the company.
Stock Market Today - 6/6: Dow Ends Slightly Higher as Treasury Yields Top 3%; Amazon Gains After 20-for-1 Split
Solid jobs and manufacturing data are prompting bets on a so-called 'Goldilocks' outcome for U.S. stocks as the Fed looks to tame inflation without choking-off growth.
Elon Musk Threatens To Walk From $44 Billion Twitter Deal, Wants Proof on Fake Account Data; Stock Tumbles
Musk said Twitter is "transparently refusing to comply with its obligations under the merger agreement ... due to concern for what his own analysis of that data will uncover".
Women Hold Only 1% Of All Corporate Shares in S&P 500
Female executives control only 1% of corporate S&500 shares.